Food Diagnostics Market Insights: Growth, Innovation, and Market Forecasts
The global food diagnostics market is estimated to be valued at USD 16.2 billion in 2023 and is projected to reach USD 23.5 billion by 2028, at a CAGR of 7.7% from 2023 to 2028. The demand for food diagnostic solutions has surged as consumers and regulatory bodies become more vigilant about food safety and quality. This market is characterized by a wide range of products, including systems, test kits,...
Precision Food Safety: The Next Frontier for Food Diagnostics
The global food diagnostics market is estimated at USD 16.2 billion in 2023 and is projected to reach USD 23.5 billion by 2028, at a CAGR of 7.7% from 2023 to 2028. Food diagnostics involves a range of techniques and technologies used to detect contaminants, pathogens, allergens, and adulterants in food products. The market is primarily driven by the growing concerns regarding food safety, increasing...
Food Diagnostics Market: Overview, Trends, and Growth
The global food diagnostics market was valued at USD 13.5 billion in 2020 and expected to reach USD 19.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period. The major factors driving the growth of the food diagnostics market include the growing concerns associated with food safety and hygiene due to increasing number of COVID-19 cases and increasing globalization...
Food Diagnostics Market – Insights and Trends
The global food
diagnostics market size is projected to grow from USD 13.5 billion in
2020 to USD 19.2 billion by 2025, recording a compound annual growth rate
(CAGR) of 7.2% during the forecast period. The growth of commercial food
services over the years have led to potential increase in the possibility of
transmission of foodborne infections from handlers to consumers, which in turn
is expected...