Fr. Jun 21st, 2024

Americas held the largest market share in the Food Diagnostic Equipment and Consumables Market:
Americas region holds the largest market share in Food Diagnostic Equipment Market, and is anticipated to grow at a CAGR of 4.5% to reach $1.37 billion. Ironically, the same Americas region accounts for the largest market share in Food Consumables Market, and is estimated to grow at a CAGR of 7.60% to reach $1.67 billion by 2023. However, APAC region registers highest growth rate for both Food Diagnostic Equipment Market and Consumables Market and is anticipated to touch $1.36 billion at a CAGR of 8.0% and $1.39 billion at a CAGR of 11.1% during the forecast period. Americas Food Diagnostic Equipment and Consumables Markets are driven by rising foodborne illness cases annually, free global trade activity, and consumer awareness.

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