Freedonia In The News
Article Title: Developing markets to fuel demand hike for food safety products
By: Rory Harrington
Publication: FoodProductionDaily, 11/8/2010
Freedonia Study: World Food Safety Products (2693)
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The worldwide growth in the food processing sector, fast-expanding emerging markets and increasingly strict regulatory regimes are all set to drive global demand for food safety products to US$13.6bn by 2014, according to a new report.
The industry research by The Freedonia Group, predicts that that growth in demand for food safety outputs, such as disinfection and diagnostic products, smart labels and tags, and software and tracking systems, will rise by 8.1 per cent annually over the next four years.
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