Tuesday, 12 June 2018

Europe Food Safety Testing Market Revenue Will Reach $5006.3 Million by 2024

Europe food safety testing market was valued at $3328.1 million in 2017, and is projected to reach $5006.3 million by 2025, growing at a CAGR of 5.1% from 2018 to 2024. In 2016, the pathogen testing segment generated the highest revenue share in Europe food safety testing market. Among major regions, Germany market was the highest revenue generating market valued at $749.6 million in 2017.
“Globalization of the food supply is very much of a growing trend in the current scenario, but, this can also introduce new food safety risks, revive previously controlled risks, and even spread contaminated food widely. This has led to the generation of strict food safety regulations for both exported and imported food products in Europe.”
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