Demand for Food Safety Testing Escalating Growth in Canada

Backed by stringent regulations and active participation by CFIA, the Canadian food safety testing market holds huge potential for market players, says RNCOS.

 

Noida, UP -- (SBWIRE) -- 03/14/2012 -- According to our new research report, “Global Food Safety Testing Market Analysis”, advancement in the modern biotechnology and information technology has speeded up the development of faster, more sensitive, and less expensive analytical tests for domestically produced and imported food items. Global statistics reveals that about US$ 1 Trillion worth of food is traded every year around the world, of which a negligible portion undergoes testing for contaminants. The fact is a rising alarm towards the need for availing a substantial food testing mechanisms by the governments. On the back of rising global awareness towards safe food products, governments are adopting substantial initiatives towards ensuring a safe supply of foods. Thus the food testing market is receiving an enormous boost and anticipated to reach US$ 11.4 Billion by 2015.

Our report illuminates the fact that Canada is rapidly inspecting the food products imported by the country. For instance, in FY 2011, the country investigated a total of 14,924 imported fresh produce shipments in four provinces, with Ontario taking the prime spot. Canada Food Inspection Agency, responsible for monitoring chemical residues in food and determining compliance with the allowable limits to ensure food safety, has also been keen towards implementing key measures for strengthening the testing of food products in the country. Regulatory oversight, in such a scenario is likely to augment the market potential for food safety testing products in the future.

The report, “Global Food Safety Testing Market Analysis”, prudently evaluates necessary information and presents it in an effective manner to depict an evocative and clear picture of the global food safety testing industry. It also identifies and analyzes all emerging trends, important drivers, and promising factors that may have crucial impacts on the performance of overall market. All the key segments of the market including pathogen tests, GMO testing, and pesticide testing have also been evaluated and reliable data are also provided.

The report is an outcome of an extensive research and in-depth analysis of the global food safety testing market that seeks to cover the key developments and statistics in several regions of the world including the US, Europe, Japan, etc. Forecasts in key sections of the report make use of proper techniques and methods so that the outlook might be more realistic. Last but not the least, description and recent activities of key players are covered in order to depict a meaningful picture of the industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM287.htm

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Check Related REPORTS on: http://www.rncos.com/Food&Beverages.htm

About RNCOS
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.