The ‘Global Food Safety Testing Market Price, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global food safety testing market, assessing the market on the basis of its segments like testing method, technology, food type, and region.
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 22.24 billion
- Forecast CAGR (2023-2028): 10%
- Forecast Market Size (2028): USD 35.07 billion
The global food safety testing market is anticipated to expand in the upcoming years owing to rising health and consumer safety concerns. Various food borne diseases pose a significant threat to public health and can have long lasting catastrophic consequences. Regulatory bodies, research institutes, and governments across the globe are significantly investing in food testing to prevent outbreak of food borne diseases and protect public health.
Due to rising consumption of meat, quality checks on both processed and unprocessed forms of meat have become essential to assess their quality, compliance, and performance with the prescribed standards. Testing of meat is essential as large colonies of bacteria can grow on spoiled meat and can lead to spreading of bacteria such as E. coli and salmonella which can cause food poisoning. Furthermore, rising consumption of processed foods due to increasing working population and rising interest in convenient foods is also positively influencing the growth of the food safety testing market.
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Rapid globalisation of food supply chains has increased the risks associated with food safety. With sourcing and distribution of food products from different regions across the globe, the requirement for food testing to ensure safety is propelling. Many food and beverage manufacturing companies have started investing in in-house laboratories to conduct food safety testing in an efficient and swift manner.
Industry Definition and Major Segments
Food safety testing refers to the scientific methods that evaluate the safety of food on the basis of chemical, microbiological, and physical composition. Furthermore, food safety testing aids in detection of disease-causing organisms such as bacteria, viruses, and parasites and in evaluation of foods altered to withstand drastic conditions.
On the basis of testing method, the market is divided into:
- Chemical Testing
- Physical Testing
- Nutritional Testing
- Food Sensory Analysis
- Microbiological Testing
- Allergen Testing
Based on technology, the market is bifurcated into:
- Traditional Technology
- Rapid Technology
On the basis of food type, the market is segmented into:
- Dairy Products
- Fruits and Vegetables
- Seafood, Meat, and Poultry
- Processed Food
- Cereals and Grains
Based on region, the market is classified into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The key trends of the global food safety testing market include adoption of advanced technology food safety testing solutions such as artificial intelligence, machine learning, Internet of Things, and blockchain. These solutions aid in real-time monitoring and boost transparency and traceability across food supply chains. Additionally, increasing incidences of food adulteration and contamination have resulted in uptake of rigorous testing, to eliminate the potential health hazards to the consumers.
Rinsing collaborations and mergers between food manufacturers and research institutions for boosting their research and development efforts is further contributing towards the growth of the global food safety testing market. Advancements in food safety testing methods including PCR-based methods, biosensors, and immunoassays, among others, for optimisation of testing processes, are anticipated to positively influence the market for food safety testing.
Altering lifestyles and shifting eating habits are also aiding the expansion of the global food safety testing market as consumption of minimally processed and ready-to-eat food products increases. Rising uptake of genetically modified foods due to growing demand for nutritionally enhanced food products is further boosting the utilisation of food safety testing. Popularity of genetically modified foods is also increasing as they are disease and drought resistant and can be grown with less usage of pesticides.
Key Market Players
The major players in the global food safety testing market report are SGS Group, Bureau Veritas S. A., Eurofins Scientific, Intertek Group plc, ALS Limited, NSF International, Neogen Corporation, Merieux NutriSciences Corporation, Microbac Laboratories, Inc., IEH Laboratories & Consulting Group, QIMA Limited, AGQ Labs, NSF International, TÜV NORD GROUP, EMSL Analytical, Inc., Microbiologics, Inc, and Romer Labs Division Holding GmbH, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
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