Global Bacteriological Testing Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Bacteriological Testing Market By Bacteria, Technology, Industry & Component: Global Opportunity Analysis and Industry Forecast, 2017–2025,” ,” the bacteriological testing market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. North America dominates the bacteriological testing market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Growth in usage of bacterial cell culture in animal feed testing helps to prevent microbial contamination is likely to have beneficial impact on industry progress. Bacteriological testing market will provide opportunities for new instrumentation, reagent kits, IT & other products. This market will having challenges like high cost of rapid growth of bacterial testing equipment. Also food trading boosts growth of pathogens.
However, lack of food control systems, technologies, infrastructure & resources in developing countries are primary restraints for growth of the market.
Asia-pacific region is expected to provide the fast growing market for bacteriological testing which is driven by China, Australia & south-east Asian countries.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in global bacteriological testing market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: SGS, Eurofins, Intertek, Bureau Veritas, TV SD, ALS Limited, Romer Labs."
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