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Food Safety Testing Market

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Updated on May 10, 2019

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Market Overview:

Microbial pathogens such as environmental toxins, bacteria, food allergens, viruses, residues of medicines and agricultural chemicals can harm the customers, if unrestricted. Primary reasons that cause food contamination are a shortcoming in treating and processing the food to put an end to toxins and other impurities, incorrect handling of food and impure input food materials. Food Safety Testing Market was valued $15.3 billion in 2019 and is estimated to be growing at a CAGR of 7.68%, to reach $22.2 billion by 2024. Food supply, worldwide, is below persistent danger, and there is an increasing need for realistic test products that can safeguard food safety. The world food supply is below constant threat of contaminations, and this generates a requirement for effective test merchandise that can guarantee food safety. Microbial pathogens, such as bacteria, viruses, food allergens, environmental toxins, and adulterants, medicine leftovers, and agricultural chemicals, are dangerous to human beings if eaten unchecked. Pathogen testing continues to be the most dominant sector of food testing. The rise in the application of pesticides in agriculture and high application preservatives have been generating demand for the chemical & toxin testing market, followed by the genetically modified organism (GMO) market.

Market Drivers and Restraints:

The expansion of the Global Food Safety Testing Market is majorly driven by factors such as a growth in the variety of foodborne illnesses, rising demand for pathogen testing, stringent processes, improved consumer cognizance and globalization of the food trade. Companies involved in the production and circulation of food merchandise are directed by the respective regional and international higher-up bodies, to implement food safety analysis and certification. Nevertheless, the time is taken, and the high price of the testing procedure are the main factors hindering the expansion of this market. Rising demand among customers for current and appropriate forms of food products has led to the arrival of food safety practices within the food business. In addition to that, increase in economically motivated adulterations (EMAs) because of the high competition amongst food manufacturers, an increase in instances of food debasement, like adulterations, pesticides, artificial taste enhancers, and certifications, fuel the expansion of the food safety testing market. Nevertheless, lack of food control infrastructure in the developing economies, complexity in testing techniques, and lack of harmonization of rules are estimated to lower the growth of the market.

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Report segmented as:

By Contaminant:

Metal Contaminants
Pesticides and Residues
Food Allergen
By Food Type:

Meat & Poultry
Dairy Product
Processed Food
Fruits & Vegetables
By Technology:

Geographical Analysis:

The market has also been geographically segregated into North America, Europe, Asia-Pacific, and Latin America and the Middle East and Africa. North America accounted for the most significant share in the Global Food Safety Testing market, accounting for around 37% of the global market followed by Europe. The Asia-Pacific market, which is mainly driven by China and India is estimated to offer remunerative growth opportunities, because of the considerable growth in the number of testing processes.

Important Market Players:

Some of the key players present in this report are SGS SA, Eurofins Scientific, Intertek Group plc, Bureau Veritas SA, ALS limited, TUV SUD, AsureQuality Ltd., DNV GL, Bio-Rad Laboratories, and Laboratory Corporation of America Holdings.

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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