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Global Bacteriological Testing Market to reach USD 20.3 billion by 2027.

Global Bacteriological Testing Market by Bacteria (Coliform, Salmonella, Campylobacter, Legionella, Listeria), Technology (Traditional, Rapid), End-use Industry (Food & Beverage, Water, Pharmaceutical, Cosmetics), Component (Instruments, Test kits, Consumables & reagents), Regional Forecasts 2021-2027

Product Code: HLSDT-68204374
Publish Date: 17-07-2021
Page: 200

Global Bacteriological Testing Market is valued approximately at USD 12 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.8% over the forecast period 2021-2027. Bacteriological testing is performed to decrease the risks related with bacteria and to improve the product’s quality and safety. It has become a critical component of rising worldwide demand for consumption and application fields such as food and drinks, medicines, and cosmetics. It is used to keep track of and analyses product quality in order to avoid bacterial contamination. The market is driven by increase in demand from end use industries such as the water industry to monitor microbiological contamination caused by climatic conditions. Industrial and domestic waste, and rigorous food safety laws are also contributing to the market growth. For instance, as per Statista, The worldwide water and wastewater market was valued 265 billion dollars in 2018. By 2026, the market is expected to be worth $456 billion US dollars. Global demand for water and wastewater treatment is expected to rise as the world’s population grows and freshwater supplies become restricted. However, lack of food control systems may impede market growth over the forecast period of 2021-2027.

In the bacteriological testing market, North America has the largest market share. The region’s dominance can be attributed to strict food safety standards and legislation governing nutritional content and labelling. It has the most testing laboratories of all the regions, and it tests the most bacteriological samples. The Asia Pacific market is expected to develop at the fastest rate, with China, Australia, and Southeast Asian nations leading the way, as these countries become more cognizant of food safety and establish regulations for testing.

Major market player included in this report are:
SGS S.A.
Eurofins Scientific
ALS Limited
3M Multinational conglomerate company
Bureau Veritas
Agilent Technologies
Thermo Fisher Scientific
Merck Group
Bio-Rad Laboratories
Romer labs

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Components:
Instruments
Test kits
Consumables & reagents
By Technology:
Traditional
Rapid
By Bacteria:
Coliform
Salmonella
Campylobacter
Listeria
Legionella
Others
By End use Industry:
Food & beverage
Water
Pharmaceutical
Cosmetics
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Bacteriological Testing Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Bacteriological testing Market, by Region, 2019-2027 (USD Billion)
1.2.2. Bacteriological testing Market, by Components, 2019-2027 (USD Billion)
1.2.3. Bacteriological testing Market, by Technology, 2019-2027 (USD Billion)
1.2.4. Bacteriological testing Market, by Bacteria, 2019-2027 (USD Billion)
1.2.5. Bacteriological testing Market, by End use Industry, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Bacteriological testing Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Bacteriological testing Market Dynamics
3.1. Bacteriological testing Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increase in demand for end use industries
3.1.1.2. Rigorous food safety laws
3.1.2. Market Restraint
3.1.2.1. Lack of food control systems
3.1.3. Market Opportunities
3.1.3.1. Rapid industrialization and trade in emerging economies
Chapter 4. Global Bacteriological testing Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Bacteriological testing Market, by Components
5.1. Market Snapshot
5.2. Global Bacteriological testing Market by Components, Performance – Potential Analysis
5.3. Global Bacteriological testing Market Estimates & Forecasts by Components 2018-2027 (USD Billion)
5.4. Bacteriological testing Market , Sub Segment Analysis
5.4.1. Instruments
5.4.2. Test kits
5.4.3. Consumables & reagents
Chapter 6. Global Bacteriological testing Market, by technology
6.1. Market Snapshot
6.2. Global Bacteriological testing Market by Technology, Performance – Potential Analysis
6.3. Global Bacteriological testing Market Estimates & Forecasts by technology 2018-2027 (USD Billion)
6.4. Bacteriological testing Market , Sub Segment Analysis
6.4.1. Traditional
6.4.2. Rapid
Chapter 7. Global Bacteriological testing Market, by End use Industry
7.1. Market Snapshot
7.2. Global Bacteriological testing Market by End Use Industry, Performance – Potential Analysis
7.3. Global Bacteriological testing Market Estimates & Forecasts by End Use Industry 2018-2027 (USD Billion)
7.4. Bacteriological testing Market , Sub Segment Analysis
7.4.1. Food & beverage
7.4.2. Water
7.4.3. Pharmaceutical
7.4.4. Cosmetics
Chapter 8. Global Bacteriological testing Market, by Bacteria
8.1. Market Snapshot
8.2. Global Bacteriological testing Market by Bacteria, Performance – Potential Analysis
8.3. Global Bacteriological testing Market Estimates & Forecasts by Bacteria 2018-2027 (USD Billion)
8.4. Bacteriological testing Market , Sub Segment Analysis
8.4.1. Coliform
8.4.2. Salmonella
8.4.3. Campylobacter
8.4.4. Listeria
8.4.5. Legionella
8.4.6. Others
Chapter 9. Global Bacteriological testing Market, Regional Analysis
9.1. Bacteriological testing Market , Regional Market Snapshot
9.2. North America Bacteriological testing Market
9.2.1. U.S. Bacteriological testing Market
9.2.1.1. Component breakdown estimates & forecasts, 2018-2027
9.2.1.2. Technology breakdown estimates & forecasts, 2018-2027
9.2.1.3. End use Industry breakdown estimates & forecasts, 2018-2027
9.2.1.4. Bacteria breakdown estimates & forecasts, 2018-2027
9.2.2. Canada Bacteriological testing Market
9.3. Europe Bacteriological testing Market Snapshot
9.3.1. U.K. Bacteriological testing Market
9.3.2. Germany Bacteriological testing Market
9.3.3. France Bacteriological testing Market
9.3.4. Spain Bacteriological testing Market
9.3.5. Italy Bacteriological testing Market
9.3.6. Rest of Europe Bacteriological testing Market
9.4. Asia-Pacific Bacteriological testing Market Snapshot
9.4.1. China Bacteriological testing Market
9.4.2. India Bacteriological testing Market
9.4.3. Japan Bacteriological testing Market
9.4.4. Australia Bacteriological testing Market
9.4.5. South Korea Bacteriological testing Market
9.4.6. Rest of Asia Pacific Bacteriological testing Market
9.5. Latin America Bacteriological testing Market Snapshot
9.5.1. Brazil Bacteriological testing Market
9.5.2. Mexico Bacteriological testing Market
9.6. Rest of The World Bacteriological testing Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. SGS S.A.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Eurofins Scientific
10.2.3. ALS Limited
10.2.4. 3M Multinational conglomerate company
10.2.5. Bureau Veritas
10.2.6. Agilent Technologies
10.2.7. Thermo Fisher Scientific
10.2.8. Merck Group
10.2.9. Bio-Rad Laboratories
10.2.10. Romer labs
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
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Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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