ALBANY, N.Y. — According to the latest market report published by Transparency Market Research titled "Food Safety Testing Market: Global Industry Analysis and Forecast 2017-2025," globally the revenue generated from food safety testing has been estimated to be valued over $658.5 million in 2017, which is projected to increase at a CAGR (compound annual growth rate) of 8.9 percent during the forecast period (2017-2025).
There is a growing demand for food safety testing by food manufacturers. The significant expansion of the food and beverage industry, coupled with the growth of the food service industry, has been. . .
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