Flourishing demand of Rapid Test (Services) Market Size Over 2019-2027, with Top Key Vendors like ALS Limited, AsureQuality Limited, Bureau Veritas S. A.

Press Release

The Rapid Test (Services) market to Rapid Test (Services) sheds light on the existing industry landscape and puts forward crucial market drivers and opportunities in the coming years. The Rapid Test (Services) market is anticipated to witness decent growth in the coming years. The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.

The rapid test is used as a tool for food companies to validate and verify the efficacy of their food product. The rapid test helps in the detection of foodborne pathogens and toxins. It comprises the testing of food products for several contaminants such as pesticides, meat speciation, heavy metals, allergens, pathogens, mycotoxins, GMOs, and others. Rapid test methods are less time consuming than conventional methods used to detect the foodborne pathogen.

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Leading companies profiled in the report include ALS Limited, AsureQuality Limited, Bureau Veritas S. A., Eurofins Scientific, Genetic ID Inc., Intertek Group plc, Merieux NutriSciences, Microbac Laboratories, Inc., SGS SA, TUV SUD South Asia Pvt. Ltd.

The report highlights key growth strategies adopted by these players of the Rapid Test (Services) industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.

Increasing the number of foodborne disease across the globe is driving the demand for rapid test market (services). Furthermore, growth in demand for faster and reliable test results in the food and beverage industry is also projected to influence the rapid test market (services) significantly. Moreover, increasing awareness among consumers about food safety worldwide is expected to have a robust impact on the rapid test market (services). Active measure taken by the government and regulatory bodies for food safety is anticipated to generate untapped opportunity for the market participants.

The global food and beverage sector has experienced significant growth over the past few years, with robust developments and innovations in the industry. Consumer preferences and demands have drastically changed owing to improved focus on dietary habits and the incorporation of superfoods. On the other hand, processed, ultra-processed, and Rapid Test (Services) are also witnessing high demand due to modern lifestyles. Besides, manufacturers are now looking at creating differentiated and customized food products, which further escalates the growth of the food & beverage industry.

The global rapid test market (services) is segmented on the basis of contaminant, technology and food tested. Based on contaminant, the market is segmented into pathogens, meat speciation, GMOS, allergens, pesticides, mycotoxins, heavy metals and others. On the basis of the technology the market is segmented into PCR-based, immunoassay-based, chromatography-based and spectroscopy-based. on the basis of the food tested the market is segmented into meat & seafood products, dairy products, processed food, fruits & vegetables, cereals & grains, nuts, seeds, and spices, crops and others.

The Rapid Test (Services) market is segmented based on a, b, and c. The report features exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.

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The report answers the following key aspects:

  • Rapid Test (Services) Market size and growth rate in the forecast period.
  • Existing market trends.
  • Factors driving Rapid Test (Services) market growth.
  • Future opportunities in the Global Rapid Test (Services) Market.
  • Market initiatives by the leading vendors.
  • PEST analysis across five major regions.

 

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