Furthermore, companies are heavily investing in R&D to develop reliable food testing kits, which is a key factor driving the growth of the Switzerland food safety testing market. Moreover, rise in economic security and increase in disposable income are driving the market growth. In addition, implementation of food safety policies by the government to enhance food safety standards are driving the market. Furthermore, surge in demand for processed food throughout the world has increased the need for food safety testing. In addition, increase in awareness regarding the alarming rise in prevalence of food-borne illness is driving the market growth. However, high price associated with high-end, rapid, and reliable testing technologies is a key factor restraining the market growth. Moreover, the requirement of well-trained specialists and customized devices to provide the tests is restraining the market growth.
On the contrary, surge in usage and manufacturing of meat & meat products is providing lucrative opportunities for the market growth. Moreover, with rising incidence of animal-borne conditions and frequency of zoonotic infections, there is a requirement for stringent policies and testing of meat & meat products prior to they enter the market. In addition, advanced technologies such as gene editing can be made use of in addition to food security testing to control the spread of infectious illness. Furthermore, federal government efforts and programs (like those implemented by the European Union) for ensuring food safety and health & wellness of customers are driving the need for food testing solutions.
The Switzerland food safety testing market is anticipated to witness substantial growth during the forecast period. This is attributed to rise in prevalence of food-borne illness across the world, there is a better need to implement strict quality control procedures to meet the food safety standards. Furthermore, rise in demand for agricultural products has augmented the requirement for food testing to ensure the safety of fruits, vegetables, and other food products for human consumption. High endowment of new microorganisms with the ability of surviving extreme atmospheres and a result of the high mutability of these organisms, advanced innovations such as entire genome sequencing and metagenomics is projected to be vital to additional guard customer security. The Switzerland food safety testing market is segmented into technology, food tested, and type. On the basis of technology, the market is segmented into agar culturing, PCR-based assay, immunoassay-based, and others. By food tested, the market is fragmented into meat & meat products, dairy & dairy products, cereals, grains & pulses, processed food, and others. According to type, the market is segmented into pathogen, genetically modified organism (GMO), chemical & toxin, and others.
The Switzerland food safety testing market is anticipated to register a considerable growth rate in the coming years. This is attributed to increase in financial investments in food security and quality control techniques are forecasted to drive the market growth. Furthermore, with rise in focus on food security laws, policies, and guidelines released by governments, the Switzerland food safety testing market is expected to witness significant growth. Moreover, increase in customer need for risk-free, healthy, and balanced foods is anticipated to drive the market. Moreover, with increasing financial investments in food testing technologies, the market is expected to offer lucrative opportunities in the future.
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- Analysis of raw material in a product (by %)
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Key Market Segments
By Food Tested
- Meat and meat product
- Dairy and dairy product
- Cereals, grains, and pulses
- Processed food
- Others
By Type
- Pathogen
- Genetically modified organism (GMO)
- Chemical and toxin
- Others
By Technology
- Agar culturing
- PCR-based assay
- Immunoassay-based
- Others
- Key Market Players
- Thermo Fisher Scientific Inc.
- SGS SA
- Bureau Veritas Group
- Intertek Group plc
- Eurofins Scientific
- Merieux Nutrisciences
- ALS Limited
- Microbac Laboratories
- Control Union Certifications
- Cert ID Europe
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Table of Contents
Companies Mentioned
- Thermo Fisher Scientific Inc.
- SGS SA
- Bureau Veritas Group
- Intertek Group plc
- Eurofins Scientific
- Merieux Nutrisciences
- ALS Limited
- Microbac Laboratories
- Control Union Certifications
- Cert ID Europe
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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