Enteric Disease Testing Market Expected to Reach US ~$3.13 Billion and CAGR 6.1% by 2030 – Polaris Market Research
The global Enteric Disease Testing market size is expected to reach USD 3.13 billion by 2030 according to a new study by Polaris Market Research.
Several major factors that are attributed to the market growth are increasing the number of food manufacturers and suppliers, coupled with the growing prevalence of enteric disease. In addition, increasing regulatory support, especially in emerging nations, as well as shifting the trend from conventional testing to technologically advanced enteric disease testing is further fuels market demand. Furthermore, the rising mortality rate because of the target disease and growing responsiveness for enteric testing also positively influences the market growth in the approaching years.
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Based on a pathogen, the salmonella segment holds the largest revenue share in the global market and is likely to dominate the market in the estimated period, owing to increasing incidences of food contamination and food-borne poisoning. Whereas the other segment is the fastest-growing segment due to the growing occurrence of various infections, and the emergence of various bacteria and viruses may fuel the segment’s growth in the foreseen years.
The growing demand for convenience foods is one of the major impelling factors for global market growth. The increasing number of the working population is more inclined toward convenience food than traditional purchasing of raw food materials. Most convenience foods contain excessive amounts of saturated fats, sodium, and sugar and offer no and/or little nutritional value as they remove the nutrients like vitamins and fibers from the food. Therefore, this increasing inclination for convenience foods may cause various intestinal illnesses, which, in turn, may accelerate the demand for enteric testing in the global market.
Various market players are executing several marketing strategies for gaining a significant position in the global market and advancing their business operations. For instance, in July 2021, Intertek acquired JLA Brazil to foray into the rapidly growing agri-food & beverage testing market in Brazil. JLA’s scale and service presentation correspond to Intertek’s accessible Assurance-led plan fetching better service facilities to leading FMCG customers.
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Market participants such as 3M, ALS Limited, Asure Quality, Becton Dickinson, Bio-Rad Laboratories, Inc., Bureau Veritas, Eurofins Scientific, Hardy Diagnostics, Intertek, Merck Kgaa, Mérieux Nutrisciences, Neogen Corporation, PerkinElmer, SGS SA, Thermo Fisher Scientific Inc.
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Polaris Market Research has segmented the Enteric Disease Testing market report based on component, solution, payload, application, and region:
Enteric Disease Testing, Pathogen Test Outlook (Revenue – USD Billion, 2018 – 2030)
- Other pathogens
- Hepatitis A, B, and E
Enteric Disease Testing, Technology Outlook (Revenue – USD Billion, 2018 – 2030)
- Polymerase chain reaction (PCR)
- Chromatography & spectrometry
Enteric Disease Testing, End-use Outlook (Revenue – USD Billion, 2018 – 2030)
- Meat, poultry, and seafood
- Dairy products
- Processed food
- Fruits & vegetables
- Other food products
- Nuts, Herbs & Spices
- Cereals & Grain
Browse detailed report with in-depth TOC – Enteric Disease Testing Market
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