Drivers • Positive Structural Changes in Chinese Food Safety Regulations • High Occurrence of Food Contamination Incidents in China • Globalization of Food Trade and China’s Rising Food Exports
Restraints • Lack of Knowledge & Awareness About Food Safety Regulations Among Food Manufacturers
Opportunities • New Food Safety Regulations • Growing Level of Consumer Awareness About Food Safety
Market Challenges • Inefficiencies in Food Supply Chain • Consumer Perception Towards Safety of Food in China
On the basis of Technology, the market is segmented as follows:
• Traditional • Rapid o Convenience-based o PCR o Immunoassay o Other molecular-based tests (HPCL, GC, LC-MS/MS)
The meat & poultry segment, in terms of trade and domestic demand, is projected to grow at a significant rate in the upcoming years. Meat & poultry products are often exposed to a high level of contamination along with malpractices such as adulteration. Thus, safety testing for this segment is projected to grow at a significant rate from 2015 to 2020.
High occurring incidences of foodborne illnesses, positive structural changes, and globalization of food trade to have an impact on the food safety testing market in China
The growing number and intensity of food contamination cases, scandals, and frauds has caused a significant impact on consumer health. With globalization of food trade and increasing import-export activities between China and the rest of the world, the food safety testing market in China is projected to experience a significant growth in the upcoming years, which would result in positive structural changes in the Chinese food safety regulations.
This report includes a study of food safety testing-regulatory framework and compliance strategies. It includes the competitive landscape of leading companies, which include Silliker Inc. (U.S.), Neogen (U.S.), Intertek group PLC (U.S.), and TÜV Rheinland (Germany), among others.
In terms of insights, this research report has focused on various levels of analyses opportunity analysis, impact & industry analysis which together comprises and discusses the basic views on the competitive landscape; emerging and high-growth segments of the Chinese food safety testing market; and their respective regulatory policies; government initiatives; and drivers, restraints, and opportunities.