Portable Food Safety Detectors Market Business Scenario – Ready to Experience Exponential Growth by 2031
The report comprehensively analyzes the global portable food safety detectors market, covering its various segments such as Application, Site, and Region.
PORTLAND, OR, US, September 5, 2023/EINPresswire.com/ — According to the report published by Allied Market Research, the global Portable Food Safety Detectors Market was estimated at $6.9 billion in 2021 and is expected to hit $11.8 billion by 2031, registering a CAGR of 5.5% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.
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The majority of foodborne illnesses are contagious or poisonous in nature and are caused by bacteria, viruses, parasites, or chemical agents that enter the body through contaminated food or water. Foodborne pathogens can result in life-threatening diseases including meningitis or severe diarrhea. The most prevalent foodborne pathogens that infect millions of people each year, often with severe and fatal consequences, include Salmonella, E. coli, and Campylobacter. The most common symptoms are fever, headache, nausea, vomiting, abdominal pain, and diarrhea.
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Some of the key players profiled in the portable food safety detectors market analysis include Allergy Amulet, ALS Ltd., BioSensor Laboratories, Bureau Veritas S.A., Calibration Technologies, LLC., CDx, Inc., DETECTRONIC A/S, Eurofins Scientific, Foodsense, Intertek Group plc, Mérieux NutriSciences, Nima, Optosky, SGS S.A., and Xiamen Haihongxing Instrument Co., Ltd.
The report comprehensively analyzes the global portable food safety detectors market, covering its various segments such as Application, Site, and Region. The report presents the analysis of each segment and sub-segment through tabular and graphical representation. This analysis can be useful for investors and market players to identify the highest revenue-generating and fastest-growing segments, allowing them to devise effective strategies.
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By site, the outsourcing facility segment garnered the highest share in 2021, accounting for nearly three-fourths of the global portable food safety detectors market revenue. The same segment would also cite the fastest CAGR of 5.6% from 2022 to 2031. The in-house/Internal Lab segment is also discussed in the report.
By region, Europe held the major share in 2021, garnering nearly two-fifths of the global portable food safety detectors market revenue. The Asia-Pacific region, simultaneously, would showcase the fastest CAGR of 7.4% from 2022 to 2031. The other provinces studied through the report include North America and LAMEA.
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The portable food safety detectors market is segmented into application, site, and region. By application, the market is divided into meat poultry & seafood, dairy products, processed food, beverages, and others. By site, the market is classified into in-house/internal lab and outsourcing facility. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, UK, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, and rest of LAMEA).
Region-wise, Europe was the largest market in 2021 and had the highest market share of 36.8%. Companies operating in the Europe portable food safety detectors market are offering innovative products to sustain in the competitive market. They are launching new products to expand their business operations across different countries in this region and increase their customer base. Consumers in the region are more conscious about food and food safety to avoid diseases and adverse effects of contaminated foods. With the increase in the consumption of processed foods, manufacturers are adopting food safety practices to avoid foodborne diseases and other adverse effects caused by the consumption of contaminated food.
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By application, the dairy products segment is projected to witness the highest CAGR of 7.7%, in revenue terms, during the forecast period.
By site, the in-house/internal lab segment is projected to witness the highest CAGR of 5.4%, in revenue terms, during the forecast period.
By country, the U.S. was the largest country, in terms of revenue generation for the portable food safety detectors market in 2021.
By region, Asia-Pacific is anticipated to witness the highest growth rate, registering a CAGR of 7.4% from 2022 to 2031.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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