According to a new study from The Freedonia Group, Inc. (Cleveland, Ohio), the demand for food safety products in the U.S. will increase 5.5 percent per year to over $2 billion in 2010. Factors contributing to the increase include development of new products, renewed federal efforts to eliminate foodborne illness outbreaks, concern over the arrival of avian influenza in North America, and the development of a National Animal Identification System (NAIS).
The study suggests that a majority of the demand will be attributed to disinfection products and equipment, which are used at all levels of food production, processing, preparation and sale. However, the fastest growth will be seen in smart labels and tags. That sector is likely to experience double-digit annual growth due largely to the implementation of NAIS, an effort initiated by the USDA in 2004 that will allow the government to trace the origin of any meat product within 48 hours.
Copyright 2006 by The Freedonia Group, Inc