The demand for products that help ensure a safer food supply may see accelerating growth in the next three years, according to research by The Freedonia Group. Disinfectants, diagnostic products, smart labels and tags, software, and tracking systems are among the sectors expected to see gains as consumer reaction to food contamination cases and stricter safety regulations contribute to growing demand.
Worldwide, demand for food-safety products grew at an average of 7.8% per year between 2004 and 2009; Freedonia projects this to increase to 8.1% per year between 2009 and 2014.
DETAILS: "World Food Safety Products" (November 2010, 315 pages) is available for $5,800 from The Freedonia Group Inc.
http://www.freedoniagroup.com
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