Research and Investment
Prospect of China Food Safety Testing Industry, 2014-2018 mainly includes
development status of food safety testing industry both in China and overseas,
the current China's demand market size, technical status, competitive landscape,
development opportunities and trend analysis, analyses on development status of
China's food industry and brief introduction of leading institutions in China
food safety testing industry and their institution settings.
In recent years, a
number of food safety incidents have happened in China, triggering high
attention from the masses, which offer development opportunities for food
safety testing industry. Testing industry is closely bound up with people's
living, which not only can ensure safety of the basic necessities for life, but
also push testing industry to generate new products, playing a vital role in
the sound development of society. Thus it can be said that testing industry is
an inevitable outcome of social development.
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In 2013 the market scale
of food safety testing in China generated CNY 4.5 billion, up 12.2% compared
with CNY 4.01 billion in 2012. With the gradual presentation of atmosphere and
water and soil pollution control solutions, food safety will become the hot
issue concerning the living quality of common people. At present, China Food
and Drug Administration (CFDA) is revising Food Safety Law, and National Health
and Family Planning Commission of PRC is also formulating food safety
standards. After ministries and commissions make clear decisions on "three
adjustment schemes" (refer to stipulations on major responsibilities,
internal organizations and size of personnel force), supervisions on food
safety will be increased and enhanced.
Huidian Research
predicts that the modification of Food Safety Law has been completed, and it
will be put into force in coming two years, which will enormously promote the
development of food safety testing market. It is estimated that the market size
of food safety testing industry will be CNY 5.2 billion in 2014, and will reach
ten billion by 2018.
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