The food testing kits market was valued at USD 1.58 Billion in 2016. It is projected to reach USD 2.38 Billion by 2022, growing at a CAGR of 7.2% from 2017. Food testing kits include the kits for testing and detection of pathogens, meat species, GMOs, allergen, mycotoxin, and others (which include pesticides and other residues in food). Technologies used for testing are PCR-based, immunoassay-based, and enzyme substrate-based.
Market players are tapping new opportunities by engaging in organic strategies such as the expansion of their global presence and product offerings through new product launches.
The food testing kits ecosystem comprises food testing kit providers such as Thermo Fisher (US), Agilent (US), Eurofins (Luxembourg), bioMérieux (France), and Neogen (US) as the major players. Other players such as PerkinElmer (US), Bio-Rad (US), QIAGEN (Germany), EnviroLogix (US), IFP Institut Für Produktqualität (Germany), Romer Labs (Austria), and Millipore Sigma (US) also have a significant presence in this market.