Food Contract Lab Report (FCLR) from Strategic Consulting is the first ever report to examine this rapidly growing segment servicing the food industry and its food safety testing requirements. FCLR reviews test volumes, revenues and trends for quality and safety testing services conducted by third party laboratories for food producers around the world.
Due out in February 2014, the Report tracks the growth in quality and safety testing by third party contract testing laboratories for food production facilities around the world. Total revenues for food contract test labs are estimated to reach $3.05 billion in 2013, up from $1.95 billion just five years ago, at a healthy compound annual growth rate (CAGR) of 9.4% worldwide.
Contract testing labs offer a range of services to food producers, but chief among them are microbiology testing to detect food pathogens, and chemistry testing for nutritional analysis or contaminants such as pesticides and toxins. Other services can include food safety program development, plant audits and field assessments.
Strategic Consulting’s Food Contract Lab Report tracks the total revenues, test volumes and services of outside testing labs, which are increasingly integral to food producers and their food safety testing programs.
Food Contract Lab Report Includes:
Revenues, test volumes and growth rates for the following geographic regions:
- North America
- Rest of the World (ROW)
Revenues, test volumes and growth rates by business area:
Detailed market forecasts through 2018 including:
- Projected revenues at contract testing laboratories
- Revenues by geographic region and by food contract lab business areas
- Trends driving growth including the Food Safety Modernization Act (FSMA), possible lab accreditation, and other factors
As with all Strategic Consulting market reports, Food Contract Lab Report is based on extensive market research including detailed interviews with managers of leading food contract labs.
Food Contract Lab Report (FCLR) will be available in February 2014.