The global food safety testing market reached a value of US$ 19.2 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 33.4 Billion by 2027, exhibiting at a CAGR of 9.97% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Poor hygiene during food preparation and processing can lead to contamination and serious diseases, such as diarrhea and cancer. As a result, governing agencies of various countries are implementing stringent food safety guidelines to ensure that food products undergo vigorous testing procedures before being sold in the market. Food safety testing focuses on detecting the presence of potential toxicants, such as harmful organisms, pathogens, preservatives, and chemicals, among different food products. It also assists in identifying adverse effects, maintaining food hygiene, and preventing and controlling foodborne illnesses.
Rising instances of food adulteration and contamination are among the major risk factors for the spread of foodborne diseases that contribute significantly to healthcare costs. This represents one of the key factors catalyzing the need for food safety testing across the globe. It ensures in maintain the quality of food products, which avoids potential health hazards to consumers. Moreover, the growing consumption of packaged food products on account of rapid urbanization, busy lifestyles, and improving income levels is bolstering the market growth. The growing awareness among individuals about food hygiene and safety is also driving the market. Apart from this, automation, versatility, and the speed of analysis, along with stringent regulatory frameworks on food safety, are encouraging food processors to adopt immunoassays (IAs) in food testing. Furthermore, leading market players are introducing polymerase chain reaction (PCR) kits, standard and chromogenic media, and immune sera for the fast and qualitative detection of pathogens in real-time. They are also focusing on developing methods that help minimize the time and cost of food testing while ensuring accurate results. This is anticipated to positively influence the adoption of food safety testing worldwide.
The publisher provides an analysis of the key trends in each sub-segment of the global food safety testing market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, food tested and technology.
The competitive landscape of the industry has also been examined along with the profiles of the key players being ADPEN Laboratories Inc., ALS Limited, AsureQuality Limited, Bio-Rad Laboratories Inc., Bureau Veritas, DNV AS (Stiftelsen Det Norske Veritas), Eurofins Scientific, Intertek Group plc, Mérieux NutriSciences, NEOGEN Corporation, NSF International, SGS SA and TÜV SÜD.
Poor hygiene during food preparation and processing can lead to contamination and serious diseases, such as diarrhea and cancer. As a result, governing agencies of various countries are implementing stringent food safety guidelines to ensure that food products undergo vigorous testing procedures before being sold in the market. Food safety testing focuses on detecting the presence of potential toxicants, such as harmful organisms, pathogens, preservatives, and chemicals, among different food products. It also assists in identifying adverse effects, maintaining food hygiene, and preventing and controlling foodborne illnesses.
Food Safety Testing Market Trends:
Rising instances of food adulteration and contamination are among the major risk factors for the spread of foodborne diseases that contribute significantly to healthcare costs. This represents one of the key factors catalyzing the need for food safety testing across the globe. It ensures in maintain the quality of food products, which avoids potential health hazards to consumers. Moreover, the growing consumption of packaged food products on account of rapid urbanization, busy lifestyles, and improving income levels is bolstering the market growth. The growing awareness among individuals about food hygiene and safety is also driving the market. Apart from this, automation, versatility, and the speed of analysis, along with stringent regulatory frameworks on food safety, are encouraging food processors to adopt immunoassays (IAs) in food testing. Furthermore, leading market players are introducing polymerase chain reaction (PCR) kits, standard and chromogenic media, and immune sera for the fast and qualitative detection of pathogens in real-time. They are also focusing on developing methods that help minimize the time and cost of food testing while ensuring accurate results. This is anticipated to positively influence the adoption of food safety testing worldwide.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global food safety testing market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, food tested and technology.
Breakup by Type:
- Pathogen
- Genetically Modified Organism
- Chemical and Toxin
- Others
Breakup by Food Tested:
- Meat and Meat Products
- Dairy and Dairy Products
- Cereals, Grains and Pulses
- Processed Food
- Others
Breakup by Technology:
- Agar Culturing
- PCR-based Assay
- Immunoassay-based
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ADPEN Laboratories Inc., ALS Limited, AsureQuality Limited, Bio-Rad Laboratories Inc., Bureau Veritas, DNV AS (Stiftelsen Det Norske Veritas), Eurofins Scientific, Intertek Group plc, Mérieux NutriSciences, NEOGEN Corporation, NSF International, SGS SA and TÜV SÜD.
Key Questions Answered in This Report:
- How has the global food safety testing market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global food safety testing market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the food tested?
- What is the breakup of the market based on the technology?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global food safety testing market and who are the key players?
- What is the degree of competition in the industry?
Frequently Asked Questions about the Global Food Safety Testing Market
What is the estimated value of the Global Food Safety Testing Market?
What is the growth rate of the Global Food Safety Testing Market?
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Who are the key companies in the Global Food Safety Testing Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | March 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 19.2 Billion |
| Forecasted Market Value ( USD | $ 33.4 Billion |
| Compound Annual Growth Rate | 9.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Food Safety Testing Market
6 Market Breakup by Type
7 Market Breakup by Food Tested
8 Market Breakup by Technology
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- ADPEN Laboratories Inc.
- ALS Limited
- AsureQuality Limited
- Bio-Rad Laboratories Inc.
- Bureau Veritas
- DNV AS (Stiftelsen Det Norske Veritas)
- Eurofins Scientific
- Intertek Group plc
- Mérieux NutriSciences
- NEOGEN Corporation
- NSF International
- SGS SA
- TÜV SÜD.
Methodology
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