Abstract
INTRODUCTION
The U.S. Market report is to provide an in-depth analysis of the domestic
market for testing the nation' s food supply for contaminants. The objectives
of this technical/marketing study include the following: 1) discuss market
trends for specific contaminants and their influence on the development and
marketing of appropriate testing instruments; 2) describe market trends for
the various testing technologies, in terms of how each satisfies the needs of
food processors and, in turn, consumers; 3) analyze the market effect of
regulatory programs; 4) pinpoint market conditions for targeted
food-processing industries; and 5) examine the most active food-testing
suppliers and how they respond to market demands.
SCOPE OF STUDY
This report contains:
- Information on the sources and effects of contaminants such as pathogens
and toxins
- The current market status of food safety testing by contaminant, trends,
and forecasts for growth over the next 5 years
- Discussion of technologies along with a thorough patent analysis
- Analysis of the market effect of regulatory programs
- Profiles of major industry players including their estimated market shares.
INFORMATION SOURCES
The data found in Food Safety Testing: The U.S. Market come from extensive
telephone interviews with key executives of the leading U.S. companies and
domestic representatives of foreign companies involved in the production of
testing instruments. The expert and reasoned comments of the sources, combined
with information gleaned from trade journals, patents, company reports, press
releases, relevant technical, medical, and product literature, and government
documents germane to food-safety testing, provide the basis for the contents
of the report.
The information has been used to estimate U.S. market values, which are based
on the number of testing instruments sold multiplied by an average
manufacturer' s per-test price. The market values have been rounded to the
nearest million in dollars. The information has also been used to formulate
compound annual growth rates (CAGRs). Where precise information was not
available, a consensus was made using a formulation of reasonable assumptions
and estimates based on historical data. In this report, the 2006 U.S. market
value serves as a base for making estimates for 2007 and projections for 2012.
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