Food Safety Testing Market was valued at US$ 19.8 Bn. in 2021 The Global Food Safety Testing Market size is estimated to grow at a CAGR of 8.2% over the forecast period.
Food Safety Testing Market Overview:The report explores the Global Food Safety Testing Market's segments (Contaminants, Technology, Food Tested, and Region). Data has been provided by market participants and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2021. The report investigates the Global Food Safety Testing Market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Global Food Safety Testing Market's contemporary competitive scenario. To know about the Research Methodology :- Request Free Sample Report
Food Safety Testing Market Dynamics:Food safety testing aids in the preservation of food product quality in terms of appearance, components, and flavor. Growing concerns about food and water safety, as well as tighter environmental restrictions, are increasing the need for pollutants to be tested, resulting in a surge in demand for food safety Testing. This, combined with an increasing demand to use the quality indicator in preserved foods, dried processed foods, bakery products, and infant foods, is propelling the market growth. For instance- San Francisco-based- GIA makes the projections in a new report that "presents a fresh perspective on opportunities in a significantly transformed post-COVID-19 marketplace". The GIA reports add that the need to prevent food contamination and reduce the incidence of food-borne illnesses is a major driving factor for market growth. The food testing laboratories need to select the right techniques for testing the food and food products. The selection depends on the evaluation of the number of factors that would ensure an effective balance between timeliness, cost, and accuracy. The rising number of food-borne illnesses, adulteration cases, ad toxicity has been a threat to food safety; as a result, increased the need for safety testing. According to World Health Organization (WHO), every year worldwide, unsafe food causes 600 million cases of food-borne illness and 420,000 deaths. Nearly, 30% of food-borne deaths occur among children under five years of age. Thus, the upsurge in the occurrence of food-borne diseases across the population is expected to increase the demand for food safety testing significantly during the forecast period. The increased time between processing and consumption of food leads to additional probabilities for contamination due to time and temperature changes, thereby increasing the risk of food-borne illness. Growth in the global mandates and regulations on food safety is a significant factor that drives the market for food safety testing. According to the latest report of OZFood Net annual report, monitoring the incidence and cause of disease potentially transmitted by food in Australia, 5.4 million cases of foodborne illness occur annually in Australia. The cost of treatment of these illnesses is estimated at a staggering AUD$ 1.2 Billion. As a result, Food Safety Testing market is expected to grow significantly through the forecast period. The major factors that act as restraints are neither ingredient suppliers, retailers, nor food service companies are well served when duplicate standards and audits raise the total cost for the certification without ensuring the safety of food. The experts suggested having uniform and harmonized food safety testing standards to reduce the multiplicity of food laws for better efficiency. For removing duplication and multiple standards, government and private-sector stakeholders work together and need to create transparent and uniform food certification standards. Existing food authenticity testing devices have a number of issues with giving reliable results. Other laboratory screening procedures have been documented to have limitations in detecting and quantifying unknown adulterants. As a result, numerous market participants are investing in research and development to develop more efficient and effective testing methods.
COVID-19 impact on Food Safety Testing Market:The COVID-19 impact significantly on the food safety testing market, as it gets highlighted because of the rise of safe and healthy nutritive eating. The dimensions of the food systems the COVID-19 are strongly affected the food safety and food sustainability. There is risen in the usage of e-commerce for ordering deliveries of groceries and restaurant meals. The shifting of consumer behavior related to the food they consume was observed, and they shifted towards a high preference for safety and quality. The impact propelled the manufacturers to assess the safety parameters of their products to be able to sustain their products' values in the market. As per the reports of Food Safety Testing Market Technologies, forecasting the impact on this market, as the outbreak has changed the lifestyle of consumers, and the chances of spreading coronavirus is coming from outside. Thus, the food and supply chain industries are influenced, and consumers are more concerned. As a result, the market of food testing strengthens the market value.
Food Safety Testing Market Segment Analysis:Based on Contaminants, the Food Safety Testing Market is segmented into Pathogens, Pesticides, GMOs, Toxins, and Others. Pathogens segment held the largest market share accounting for 41% in 2021. Millions of cases of infectious gastrointestinal diseases are reported due to food-borne pathogens and cost billions for medical care and lost productivity. Pathogen evolution, changes in agricultural & food manufacturing practices, and changes in human host status. Thus, their testing is being undertaken actively by food manufacturers. Other microbial such as bacteria, viruses, environmental toxins, food allergens, and adulterants, are hazardous to human beings. Increased application of pesticides in agriculture and high application of preservatives have been generating demand for the chemical & toxin testing markets, followed by the Genetically Modified Organism (GMO) market.Based on Technology, the Global Food Safety Testing Market is segmented into Agar culturing, PCR-based assay, Immunoassay-based, and others. PCR-based assay and immunoassay-based methods have dominated these segments because they are the most accepted methods, as ongoing developments have discovered that they are suitable for all food products as compared to traditional methods known as Agra culturing methods. The rapid inspection technology segment of the food safety testing market is projected to witness growth and PCR techniques and immunoassay-based signify these technologies. It provides accurate results in a limited period driving the rapid technology segment growth. Based on Food Tested, the Global Food Safety Testing Market is segmented into Meat & meat products, Dairy & dairy products, Cereals, grains & Pulses, and Processed others. Meat & meat products are projected to hold a major share of around 28% in the global food safety testing market by 2029. The global meat consumption per capita at over 48kg is driven by the trends towards improving intake of macronutrients and high protein content in meat products. Modifications in food regulations pressure to upsurge the number of tests at manufacturing facilities to support the industry advancement. Food Safety and Inspection Service (FSIS) has standard regulations to control the contamination of meal products in slaughter homes and processing plants, based on the HACCP Food Safety Control System. The other factor that drives the growth of the testing service market is the high demand for kinds of seafood such as Crustaceans, shrimp, crabs, lobsters, tuna, and marlin.
Food Safety Testing Market Regional Insights:North America held the largest market share accounting for 35.2% in 2021. Key factors such as technological advancement with high penetration of rapid tests lead the business expansion. The quality requirements for products imported, coupled with the rigorous testing of food products, will augment the market forecasts. The innovation of real-time PCR and quantitative PCR are the major factors for industry advancement. The Asia-Pacific food safety market is projected to witness the fastest growth in the forecasted period of 2022-2029. The growth of the food & beverages industry supported the focus of the food safety industry and urbanization, economic development, and continuous spending of consumers on foods, and the influence of western trends uplifting the market. Robust growth in production along with the trend towards processed foods owing to lifestyle changes. It accounts for 40% of global meat production and Australia leads with the highest per capita consumption on a global level. The objective of the report is to present a comprehensive analysis of the Global Food Safety Testing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Food Safety Testing Market dynamic, and structure by analyzing the market segments and projecting the Food Safety Testing Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Food Safety Testing Market make the report investor’s guide.
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Global Food Safety Testing Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US$ 19.8 Bn. Forecast Period 2022 to 2029 CAGR: 8.2% Market Size in 2029: US$ 37.19 Bn. Segments Covered: by Contaminants • Pathogens • Pesticides • GMO’s • Toxin • Others by Technology • Agra Culturing • PCR-based assay • Immunoassay-based • Others by Food Tested • Meat & meat products • Dairy & dairy products • Cereals • Grain & Pulses • Processed food
Food Safety Testing Market by Region• North America • Europe • Asia Pacific • The Middle East and Africa • South America
Food Safety Testing Market Key Players:• Food Safety Net Services • Ugene Laboratory Services Pte Ltd. • Symbio Laboratories • Intertek Group Plc • SGS S.A • Bureau Veritas • Euro fins Scientific • TUV SUD • Kedah Bioresources Corporation • ALS Limited • TUV NORD Group • QIMA • Pacific Lab • NEOGEN Corporation Frequently Asked Questions 1] What segments are covered in the Food Safety Testing Market report? Ans. The segments covered in the Food Safety Testing Market report are based on Contaminants, Technology and Food Tested. 2] Which region is expected to hold the highest share in the Food Safety Testing Market? Ans. North America region is expected to hold the highest share in the Food Safety Testing Market. 3] What is the market size of the Food Safety Testing Market by 2029? Ans. The market size of the Food Safety Testing Market by 2029 is US$ 37.19 Bn. 4] What is the forecast period for the Food Safety Testing Market? Ans. The Forecast period for Food Safety Testing Market is 2022-2029. 5] What was the market size of the Food Safety Testing Market in 2021? Ans. The market size of the Food Safety Testing Market in 2021 was US$ 19.8 Bn.
1. Global Food Safety Testing Market Size: Research Methodology 2. Global Food Safety Testing Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Food Safety Testing Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Food Safety Testing Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Food Safety Testing Market Size Segmentation 4.1. Global Food Safety Testing Market Size, by Contaminant(2021-2029) • Pathogens • Pesticides • GMO’s • Toxin • Others 4.2. Global Food Safety Testing Market Size, by Technology(2021-2029) • Agra Culturing • PCR-based assay • Immunoassay-based • Others 4.3. Global Food Safety Testing Market Size, by Food, tested(2021-2029) • Meat & meat products • Dairy & dairy products • Cereals • Grain & Pulses • Processed food 5. North America Food Safety Testing Market (2021-2029) 5.1. North America Food Safety Testing Market Size, by Contaminant(2021-2029) • Pathogens • Pesticides • GMO’s • Toxin • Others 5.2. North America Food Safety Testing Market Size, by Technology(2021-2029) • Agra Culturing • PCR-based assay • Immunoassay-based • Others 5.3. North America Food Safety Testing Market Size, by Food, tested(2021-2029) • Meat & meat products • Dairy & dairy products • Cereals • Grain & Pulses • Processed food 5.4. Processed food North America Food Safety Testing Market, by Country (2021-2029) • United States • Canada • Mexico 6. European Food Safety Testing Market (2021-2029) 6.1. European Food Safety Testing Market, by Contaminant (2021-2029) 6.2. European Food Safety Testing Market, by Technology(2021-2029) 6.3. European Food Safety Testing Market, by Food Tested (2021-2029) 6.4. European Food Safety Testing Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Food Safety Testing Market (2021-2029) 7.1. Asia Pacific Food Safety Testing Market, by Contaminant(2021-2029) 7.2. Asia Pacific Food Safety Testing Market, by Technology(2021-2029) 7.3. Asia Pacific Food Safety Testing Market, by Food Tested(2021-2029) 7.4. Asia Pacific Food Safety Testing Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Food Safety Testing Market (2021-2029) 8.1. The Middle East and Africa Food Safety Testing Market, by Contaminant(2021-2029) 8.2. The Middle East and Africa Food Safety Testing Market, by Technology(2021-2029) 8.3. The Middle East and Africa Food Safety Testing Market, by Food Tested(2021-2029) 8.4. The Middle East and Africa Food Safety Testing Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Food Safety Testing Market (2021-2029) 9.1. South America Food Safety Testing Market, by Contaminant(2021-2029) 9.2. South America Food Safety Testing Market, by Technology(2021-2029) 9.3. South America Food Safety Testing Market, by Food Tested(2021-2029) 9.4. South America Food Safety Testing Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Food Safety Net Services 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Ugene Laboratory Services Pte Ltd. 10.3. Symbio Laboratories 10.4. Intertek Group Plc 10.5. SGS S.A 10.6. Bureau Veritas 10.7. Euro fins Scientific 10.8. TUV SUD 10.9. Kedah Bioresources Corporation 10.10. ALS Limited 10.11. TUV NORD Group 10.12. QIMA 10.13. Pacific Lab 10.14. NEOGEN Corporation