The global food testing market is expected to grow at around 6% during the forecast period of 2013 – 2018 to reach $4.63bn in 2018 from $3.45bn in 2013, according to a market report.
Eurofins has targeted doubling the size of the business to €2bn in revenues by 2017, adding that it is sufficiently diversified in business and geographic exposure to achieve the aim.
Integrated European systems for reporting and tracking foodborne outbreaks are not as advanced as those in the United States, according to a US report on the EU testing market.
