Food safety is an important consideration for everyone in the food chain, from producers, suppliers, and vendors right through to the consumer. Contaminants may be introduced at any stage, so it is important that monitoring is performed at multiple points through the food production and supply chain. Common contaminants that are introduced prior to harvest or processing include pesticides, heavy metals, and other environmental contaminants. During processing, substances associated with the processing and machinery can pose a risk, and even after production, chemicals such as per – and poly-fluoroalkyl substances (PFASs) can leach from packaging into the products, termed food contact contaminants. With so many potential routes for contaminants, both natural and otherwise, having the tools to detect them, determine the source of the problem, and preventing them from reaching the consumer is therefore vitally important.
Food Safety Testing Market by Testing Type (Pathogens, Pesticides, GMO, and Toxins), Technology (Traditional and Rapid), and Food Tested (Meat, Poultry, and; Seafood, Processed Food, Fruits and; Vegetables, Dairy Products) – Global Forecast to 2027
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The key factors driving the growth of the overall food safety testing market are rising incidences of food-borne illnesses, growing consumer awareness regarding the safety of food, implementation of stringent food safety regulations, and rising demand for convenience and packaged food products among consumers.
Rising incidences of food-borne illnesses, growing consumer awareness regarding the safety of food, implementation of stringent food safety regulations, and rising demand for convenience and packaged food products among the consumers are some of the key factors driving the growth of the food safety testing market. In addition, technological advancements for food safety testing methods provide significant growth opportunities for food safety testing providers in the coming years.
The food safety testing market is expected to grow at a CAGR of 7.6% from 2020 to reach $29.6 billion by 2027.
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Scope of the report
Food Safety Testing Market, by Testing Type
- Genetically Modified Organism (GMO)
Food Safety Testing Market, by Technology
- Polymerase Chain Reaction (PCR)
- DNA Sequencing/NGS
Food Safety Testing Market, by Food Tested
- Meat, Poultry, and Seafood
- Processed Food
- Fruits & Vegetables
- Dairy Products
- Cereals & Grains
- Others ………….Continue to read about Food Safety Testing Market – Global Opportunity Analysis and Industry Forecast (2020-2027)
Based on testing type, the overall food safety testing market is mainly segmented into pathogens, pesticides, Genetically Modified Organism (GMO), toxins, and others. The pathogens segment is estimated to command the largest share of the overall food safety testing market in 2020. However, the GMO segment is expected to grow at the fastest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the growing customer awareness about GM food and rising need for nutritional food products.
Based on technology, the overall food safety testing market is segmented into traditional and rapid technology. The rapid technology segment is estimated to command the largest share of the overall food safety testing market in 2020. The large share of this segment is mainly due to the factors such as multi-functional testing options in less time; flexible testing to end-user industry; increasing incidences of foodborne diseases, viruses, and other microbiological contaminants associated with inadequate storage conditions; and unsanitary food handling practices. Moreover, this segment is also expected to grow at the highest CAGR during the forecast period, mainly due to its ability to test a wide range of contaminants in comparison to traditional technology.
Based on food tested, the overall food safety testing market is mainly segmented into meat, poultry, and seafood; processed food; fruits & vegetables; dairy products; cereals & grains; and others. The meat, poultry, and seafood segment is estimated to command the largest share of the overall food safety testing market in 2020. However, the fruits & vegetables segment is expected to witness a significant growth. The rapid growth of this segment is mainly attributed to the rapidly growing fresh fruits and vegetables industry.
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Geographically, the North America region is estimated to command the largest share of the global food safety testing market in 2020. The large share of this region is primarily attributed to the factors such as well-established food and beverage industry; increased globalization of food trade; advancements in technology; increasing food safety & food quality standards; rising demand for convenience and packaged food products; increased incidence of chemical contamination outbreaks during food processing; and increased GMO testing due to rising import of soy, corn, and canola. However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period.
The key players operating in the global food safety testing market are SGS SA (Switzerland), Intertek Group plc (U.K.), Eurofins Scientific S.E. (Luxembourg), Thermo Fisher Scientific Inc. (U.S.), ALS Limited (Australia), Bureau Veritas SA (France), Merieux NutriSciences Corporation (U.S.), AsureQuality Limited (New Zealand), Microbac Laboratories, Inc. (U.S.), Romer Labs Division Holding GmbH (Austria), TÜV SÜD AG (Germany), NEOGEN Corporation (U.S.), FoodChain ID Group, Inc. (U.S.), R J Hill Laboratories Limited (New Zealand), Symbio Laboratories (Australia), and BIOTECON Diagnostics GmbH (Germany) among others.
Key questions answered in the report:
What is the focus of the food safety testing market?
What is the value of revenue generated from the food safety testing business across the globe? At what rate their demand is expected to grow for the next 5-7 years?
Which testing type is estimated to hold the major share of the market?
Which technology segment is projected to create traction for the global food safety testing market?
Testing for which food type is expected to grow in coming years?
What are the key factors supporting the growth of this market? Also, what are the major opportunities for existing market players and new entrants in the global food safety testing market?
Who are the major players operating in the global food safety testing market?
Which regions/countries are likely to offer significant growth opportunities for the vendors operating in this market during the analysis period?
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