The rapid test is used in the food industry to improve the result and enhances the examination of contaminants present in the food. It is used across the food industry for the examination of contaminants present in food products such as heavy metals, meat speciation, pesticides, mycotoxins, GMOs, allergens, and pathogens.
The growing demand for advanced testing solutions coupled with the growth in the food industry is expected to propel the market growth. Increasing demand for faster and quantitative assessment in the food industry due to rising strict regulations regarding food safety is also expected to foster market growth. Rising demand for quality food around the globe due to increasing health-conscious consumers is again anticipated to augment the market growth of the rapid test. Growing incidences of meat adulteration along with the emergence of convenient technologies are further expected to foster the market growth of rapid tests. For instance, in March 2020, BD (Becton, Dickinson, and Company) and BioMedomics, announced the release of a new point-of-care test that can detect antibodies in blood to confirm current or past exposure to COVID-19 in as little as 15 minutes.
North America is expected to gain significant growth over the forecast period and this is attributed to the high consumption of meat and seafood products. According to the North American Meat Institute, the meat and poultry industry is the largest segment of U.S. agriculture. U.S. meat production totaled 52 billion pounds in 2017 and U.S. poultry production totaled 48 billion pounds in 2017.
Key Developments:
- In December 2019, Neogen Corporation has developed a quick and simple lateral flow test for ergot alkaloids – natural toxins produced by a fungus that commonly infects rye and wheat.
- In October 2019, Alcami Corporation, a provider of fully-integrated custom end-to-end solutions for the pharmaceutical and biologics industries, announced the launch of its new rapid sterility offering, a service that leverages cutting-edge microbiological testing technology to deliver significantly faster-testing results to clients.
- In August 2018, Hygiena™, a Warburg Pincus portfolio company that specializes in rapid food safety and environmental diagnostic testing, announced that the company has entered into a strategic partnership with Charles River Laboratories to market, distribute and support the Celsis® dairy, food and beverage product line.
Key Players:
• SGS
• Eurofins
• Intertek
• Bureau Veritas
• ALS Limited
• Merieux Nutrisciences
• TUV SUD
• Asurequality
• Microbac Laboratories
• Genetic ID
• Romer Labs
• OMIC USA
By Product
• PCR-based
• Immunoassay-based
• Chromatography-based
• Spectroscopy-based
By Regions/Countries
• United States
• EU
• Japan
• China
• India
• Southeast Asia
By Application
• Meat & seafood products
• Dairy & dairy products
• Processed foods
• Fruits & vegetables
• Cereals & grains
• Nuts, seeds, and spices
• Crops
• Others
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Table of Contents
Global Rapid Test Market (Services) Market Size, Status and Forecast 2025
1 Industry Overview of Rapid Test Market (Services)
1.1 Rapid Test Market (Services) Market Overview
1.1.1 Rapid Test Market (Services) Product Scope
1.1.2 Market Status and Outlook
1.2 Global Rapid Test Market (Services) Market Size and Analysis by Regions
1.2.1 United States
1.2.2 EU
1.2.3 Japan
1.2.4 China
1.2.5 India
1.2.6 Southeast Asia
1.3 Rapid Test Market (Services) Market by Type
1.3.1 PCR-based
1.3.2 Immunoassay-based
1.3.3 Chromatography-based
1.3.4 Spectroscopy-based
1.4 Rapid Test Market (Services) Market by End Users/Application
1.4.1 Meat & seafood products
1.4.2 Dairy & dairy products
1.4.3 Processed foods
1.4.4 Fruits & vegetables
1.4.5 Cereals & grains
1.4.6 Nuts, seeds, and spices
1.4.7 Crops
1.4.8 Others
2 Global Rapid Test Market (Services) Competition Analysis by Players
2.1 Rapid Test Market (Services) Market Size (Value) by Players (2018 and 2019)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 SGS
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Rapid Test Market (Services) Revenue (Value) (2014-2019)
3.1.5 Recent Developments
3.2 Eurofins
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Rapid Test Market (Services) Revenue (Value) (2014-2019)
3.2.5 Recent Developments
3.3 Intertek
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Rapid Test Market (Services) Revenue (Value) (2014-2019)
3.3.5 Recent Developments
3.4 Bureau Veritas
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Rapid Test Market (Services) Revenue (Value) (2014-2019)
3.4.5 Recent Developments
3.5 ALS Limited
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Rapid Test Market (Services) Revenue (Value) (2014-2019)
3.5.5 Recent Developments
3.6 Merieux Nutrisciences
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Rapid Test Market (Services) Revenue (Value) (2014-2019)
3.6.5 Recent Developments
3.7 TUV SUD
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Rapid Test Market (Services) Revenue (Value) (2014-2019)
3.7.5 Recent Developments
3.8 Asurequality
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Rapid Test Market (Services) Revenue (Value) (2014-2019)
3.8.5 Recent Developments
3.9 Microbac Laboratories
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Rapid Test Market (Services) Revenue (Value) (2014-2019)
3.9.5 Recent Developments
3.10 Genetic ID
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Rapid Test Market (Services) Revenue (Value) (2014-2019)
3.10.5 Recent Developments
3.11 Romer Labs
3.12 OMIC USA
4 Global Rapid Test Market (Services) Market Size by Type and Application (2014-2019)
4.1 Global Rapid Test Market (Services) Market Size by Type (2014-2019)
4.2 Global Rapid Test Market (Services) Market Size by Application (2014-2019)
4.3 Potential Application of Rapid Test Market (Services) in Future
4.4 Top Consumer/End Users of Rapid Test Market (Services)
5 United States Rapid Test Market (Services) Development Status and Outlook
5.1 United States Rapid Test Market (Services) Market Size (2014-2019)
5.2 United States Rapid Test Market (Services) Market Size and Market Share by Players (2018 and 2019)
6 EU Rapid Test Market (Services) Development Status and Outlook
6.1 EU Rapid Test Market (Services) Market Size (2014-2019)
6.2 EU Rapid Test Market (Services) Market Size and Market Share by Players (2018 and 2019)
7 Japan Rapid Test Market (Services) Development Status and Outlook
7.1 Japan Rapid Test Market (Services) Market Size (2014-2019)
7.2 Japan Rapid Test Market (Services) Market Size and Market Share by Players (2018 and 2019)
8 China Rapid Test Market (Services) Development Status and Outlook
8.1 China Rapid Test Market (Services) Market Size (2014-2019)
8.2 China Rapid Test Market (Services) Market Size and Market Share by Players (2018 and 2019)
9 India Rapid Test Market (Services) Development Status and Outlook
9.1 India Rapid Test Market (Services) Market Size (2014-2019)
9.2 India Rapid Test Market (Services) Market Size and Market Share by Players (2018 and 2019)
10 Southeast Asia Rapid Test Market (Services) Development Status and Outlook
10.1 Southeast Asia Rapid Test Market (Services) Market Size (2014-2019)
10.2 Southeast Asia Rapid Test Market (Services) Market Size and Market Share by Players (2018 and 2019)
11 Market Forecast by Regions, Type and Application (2019-2025)
11.1 Global Rapid Test Market (Services) Market Size (Value) by Regions (2019-2025)
11.1.1 United States Rapid Test Market (Services) Revenue and Growth Rate (2019-2025)
11.1.2 EU Rapid Test Market (Services) Revenue and Growth Rate (2019-2025)
11.1.3 Japan Rapid Test Market (Services) Revenue and Growth Rate (2019-2025)
11.1.4 China Rapid Test Market (Services) Revenue and Growth Rate (2019-2025)
11.1.5 India Rapid Test Market (Services) Revenue and Growth Rate (2019-2025)
11.1.6 Southeast Asia Rapid Test Market (Services) Revenue and Growth Rate (2019-2025)
11.2 Global Rapid Test Market (Services) Market Size (Value) by Type (2019-2025)
11.3 Global Rapid Test Market (Services) Market Size by Application (2019-2025)
12 Rapid Test Market (Services) Market Dynamics
12.1 Rapid Test Market (Services) Market Opportunities
12.2 Rapid Test Market (Services) Challenge and Risk
12.2.1 Competition from Opponents
12.2.2 Downside Risks of Economy
12.3 Rapid Test Market (Services) Market Constraints and Threat
12.3.1 Threat from Substitute
12.3.2 Government Policy
12.3.3 Technology Risks
12.4 Rapid Test Market (Services) Market Driving Force
12.4.1 Growing Demand from Emerging Markets
12.4.2 Potential Application
13 Market Effect Factors Analysis
13.1 Technology Progress/Risk
13.1.1 Substitutes
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs Trend/Customer Preference
13.3 External Environmental Change
13.3.1 Economic Fluctuations
13.3.2 Other Risk Factors
14 Research Finding/Conclusion
15 Appendix
Methodology
Analyst Introduction
Data Source
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