Food Safety Testing Market is predicted to grow from USD 19 billion in 2021 to USD 35.5 billion by 2030, at a CAGR of 7.2% during the forecast period.
Food manufacturing, retail, and the hospitality industries all have serious concerns about food safety and quality. Productivity is influenced by food quality and sanitation. Both deliberate and accidental adulteration have advanced in recent years, and testing laboratories can assist in the detection of these adulterants. Testing for adulterants, pathogens, pesticide residues, microbiological contaminants, non-permitted additives, colors, among other things, and antibiotics in food is the most crucial task of food safety testing laboratories. Food producers and manufacturers cannot guarantee the absence of, among other things, pesticides, antibiotics, heavy metals, and naturally occurring poisons without doing food testing. Consequently, it is necessary to assure food safety.
The majority of consumers now spend a sizeable amount of their disposable income on fitness and well-being because they are more health concerned. People are also becoming more and more conscious that a healthy diet is essential for physical fitness in addition to exercise. This is one the reason augmenting the growth of the Food Safety Testing market.
Market Dynamics:
Drivers:
The global food safety market testing is anticipated to be driven by the rising incidence of food-borne illnesses among people. The main cause of food-borne sickness is consuming rotten, contaminated, or deteriorating food items that include numerous microorganisms, including bacteria, fungus, parasites, viruses, and others. In addition, a number of additional pollutants, including mycotoxins, heavy metals, and chemicals, are contributing to an increase in occurrences of food-borne disease. The demand for food testing kits, machinery, and systems in the area is dramatically rising as a result of these increasing incidents.
The main factor contributing to the rise in food-borne illness in the food sector is the workforce's, food handlers', and manufacturers' ignorance of modern technology, good manufacturing practises (GMP), hazard analysis and critical control point systems, and quality control. The health of customers, the entire food business, and regulatory bodies all depend on food safety. The government is also taking steps to promote safe food to customers in response to the growing consumer concern over food safety. This is expected to propel the Food safety testing market growth.
Restraints:
There is a growing need for food safety facilities throughout the region as a result of an increase in the number of product recalls, occurrences of food contamination, incidents of food poisoning, and consumer awareness. The development of the global Food Safety Testing market for food safety testing, however, is being hampered by the absence of infrastructural facilities in food testing laboratories.
Small businesses and food product producers lack sufficient knowledge of the most recent, cutting-edge food safety practices, services, and initiatives. As a result, they cannot satisfy the precise specifications for food safety. These factors are restraining the growth of food safety testing market.
Opportunities:
Food ingredients used in clean-label products are the most natural and least processed. In order to lead healthier lifestyles, consumers are choosing clean and nutritious food options, which has increased the need for food safety testing. In order to maintain a particular lifestyle, people are increasingly drawn to clean-labeled foods that are devoid of preservatives or additives. Also, the use of clean-label products is helping to promote a sustainable environment, which is fueling the Food Safety Testing market expansion. As companies offer safe food label products to reassure consumers that the food items are free of any dangerous microbes, mycotoxins, heavy metals, and chemicals, food safety testing is becoming more and more in demand. This is a result of the increase in demand for foods with clean labels or foods with safe labels.
Key Players:
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Thermo Fischer Scientific Inc.
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UL LLC
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EMSL Analytical Inc.
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Microbac Laboratories, Inc.
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Silliker, Inc.
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Covance Inc.
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Intertek Group Plc.
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SGS SA
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Bureau Veritas S.A.
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Eurofins Scientific SE
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The SOCOTEC Group
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International Laboratory Services
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ALS Limited
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AsureQuality Limited
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DTS Food Laboratories
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Aspirata
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Symbio
Market Segmentation:
Food Safety Testing Market, By Application
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Bakery & Confectionery
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Dairy Products
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Processed & Packaged Food
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Infant Food
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Alcoholic & Non-alcoholic Beverages
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Functional Food
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Meat & Poultry Products
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Seafood
Food Safety Testing Market, By Test Technology
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Traditional
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Rapid
Food Safety Testing Market, By Target Test
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Pathogens
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Allergens
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Residues & Contaminants
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Chemical & Nutritional
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Shelf-life
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GMO
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Others
Food Safety Testing Market, By Region
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North America
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Europe
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Asia-Pacific
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Latin America
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Middle East & Africa
Regional Analysis:
Europe held the largest share in the food safety testing market, The food and beverage sector makes a significant economic contribution to Europe. The German Food Safety Testing market held the biggest share in Europe, and this trend is anticipated to hold during the forecast period. In order to prevent foodborne disease outbreaks and avoid consuming medication residues, the market is anticipated to see an increase in demand for microbiological testing, followed by chemical and residues contamination testing. These factors helped boost the growth of the food safety testing market.
The Asia Pacific food safety testing market is anticipated to experience the fastest growth in demand. Due to the enormous growth of the food industry in developing economies and the increasing need to enact strict regulations regarding food safety to address various food scandals and contamination issues. The focus of several regional governments is on preventative measures to stop the spread of foodborne illnesses.
The food safety testing market in Middle East and Africa is projected to grow during the forecast period. As multiple studies and polls demonstrate, consumers in the Middle East and Africa have a high level of trust in food and beverage firms, governments in these regions are taking action to reassure local customers about the safety of food products and supply chains. In order to avoid foodborne outbreaks, the National Department of Health, the Department of Trade & Industry of South Africa, and other leading food safety organisations have established stringent rules during the past several years. This has helped the South African food safety testing industry grow.
Scope of the Report:
Report Coverage |
Details |
Base year |
2021 |
Forecast period |
2030 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.2% |
Regional analysis |
North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa |
Current Market size |
USD 19 Billion |
Forecast market growth |
USD 35.5 Billion |
User
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Introduction
Our market research is an extensive, iterative process that takes into account a combination of primary and secondary research tools with the aim of minimizing deviation and producing the most precise estimate and prediction. For the future course of action, this approach meticulously outlines the actual changes and industry trends. It gives incredibly valuable data that is drawn from the insights and opinions of analysts and professionals. Our papers include in-depth research and analysis based on several factual inputs obtained from expert interviews, accurate data, and local information.
Market Size Estimation
The overall size of the market has been estimated and validated using both top-down and bottom-up methods. The sizes of other market subsegments have also been thoroughly estimated using these methodologies.
In the top-down technique, the market is divided into segments based on the percentage share of each segment. This method assisted in determining the size of each segment's market. The market size of each segment and its sub-segments was then divided into regional market sizes. This Approach helps mainly with the new Product Launch. It uses Multi-variate Regression Model coupled with Vendor based primary research inputs to forecast to the Market Size.
In the Bottom-Up approach, comprehensive study of key players has to be done wherein we add the market size of the major key players to understand the national market size which helps to determine the regional market size and eventually the complete market size. Companies annual report along with data from paid and unpaid resources like reports from government agencies and organizations like world bank provide the data for this approach.
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