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Global Food Safety Testing Market Research Report—Forecast till 2025
Global Food Safety Testing Market is forecasted to register a CAGR of 7.1% and surpass USD 27,334.4 Million during the review period. Food safety testing is the investigation of food products for disease-causing organisms, chemicals, and other dangerous materials. The growth of the global food safety market is driven by the rising prevalence of food-borne illnesses worldwide and the implementation of stringent food safety government regulations support the demand for food safety testing. Additionally, limited supporting infrastructure in developing countries is restraining the growth of the market. Moreover, the focus on the development of advanced rapid technologies in emerging countries creates attractive growth opportunities for players in the market.
The global food safety testing market is expected to register an incredible growth rate during the forecast period owing to the rising prevalence of food-borne illnesses that have led to the implementation of strict food safety regulations. Furthermore, the regions where the lack of basic supporting infrastructure, do not have adequate frameworks for food safety testing because of various factors such as limited awareness, economic instability, and a lack of government support. Such constraints are estimated to hamper the growth of the food safety testing market.
Market Segmentation
The Global Food Safety Testing Market has been categorized by Contaminant, technology, and food type.
Based on the contaminant segment the market has been further segmented into Pathogens, Salmonella, coli, Listeria, Campylobacter, Others, Pesticides Toxins, GMOs, and Others.
The Global Food Safety Testing Market, by Technology segment, has been classified as Traditional, Rapid, PCR-Based Testing, Convenience-Based Testing, Immunoassay-Based Testing, and Others.
Based on the food type category, the global food safety testing market has been classified into dairy products, cereals & grains, meat, poultry, & seafood products, processed food, fruits & vegetables, and others.
Regional Analysis
North America is likely to drive the global food safety testing market during the forecast period owing to the changing consumption patterns, widespread outbreaks of food-borne illnesses, advances in food safety science, and the identification of new risks have resulted in various initiatives being taken by government agencies such as the FSIS.in 2018, North America contributed 39.83 %share of the global market and is estimated to register a significant CAGR of 7.4% during the forecast period. Moreover, Europe is anticipated to hold the second-largest contribution of the global food safety testing market owing to the growing concern of food safety.
Major Players
Prominent Players in the Global Food Safety Testing Market include SGS SA (Switzerland), Eurofins Scientific (Luxembourg), Bureau Veritas (US), Intertek Group plc (UK), ALS Limited (Australia), AsureQuality Ltd. (New Zealand),Microbac Laboratories, Inc. (US), Neogen Corporation (US), TÜV SÜD (Germany), and ADPEN Laboratories Inc. (US).
COVID 19 Impacts
We are continuously tracking the impact of COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Market Overview
Global Food Safety Testing Market is forecasted to register a CAGR of 7.1% and surpass USD 27,334.4 Million during the review period. Food safety testing is the investigation of food products for disease-causing organisms, chemicals, and other dangerous materials. The growth of the global food safety market is driven by the rising prevalence of food-borne illnesses worldwide and the implementation of stringent food safety government regulations support the demand for food safety testing. Additionally, limited supporting infrastructure in developing countries is restraining the growth of the market. Moreover, the focus on the development of advanced rapid technologies in emerging countries creates attractive growth opportunities for players in the market.
The global food safety testing market is expected to register an incredible growth rate during the forecast period owing to the rising prevalence of food-borne illnesses that have led to the implementation of strict food safety regulations. Furthermore, the regions where the lack of basic supporting infrastructure, do not have adequate frameworks for food safety testing because of various factors such as limited awareness, economic instability, and a lack of government support. Such constraints are estimated to hamper the growth of the food safety testing market.
Market Segmentation
The Global Food Safety Testing Market has been categorized by Contaminant, technology, and food type.
Based on the contaminant segment the market has been further segmented into Pathogens, Salmonella, coli, Listeria, Campylobacter, Others, Pesticides Toxins, GMOs, and Others.
The Global Food Safety Testing Market, by Technology segment, has been classified as Traditional, Rapid, PCR-Based Testing, Convenience-Based Testing, Immunoassay-Based Testing, and Others.
Based on the food type category, the global food safety testing market has been classified into dairy products, cereals & grains, meat, poultry, & seafood products, processed food, fruits & vegetables, and others.
Regional Analysis
North America is likely to drive the global food safety testing market during the forecast period owing to the changing consumption patterns, widespread outbreaks of food-borne illnesses, advances in food safety science, and the identification of new risks have resulted in various initiatives being taken by government agencies such as the FSIS.in 2018, North America contributed 39.83 %share of the global market and is estimated to register a significant CAGR of 7.4% during the forecast period. Moreover, Europe is anticipated to hold the second-largest contribution of the global food safety testing market owing to the growing concern of food safety.
Major Players
Prominent Players in the Global Food Safety Testing Market include SGS SA (Switzerland), Eurofins Scientific (Luxembourg), Bureau Veritas (US), Intertek Group plc (UK), ALS Limited (Australia), AsureQuality Ltd. (New Zealand),Microbac Laboratories, Inc. (US), Neogen Corporation (US), TÜV SÜD (Germany), and ADPEN Laboratories Inc. (US).
COVID 19 Impacts
We are continuously tracking the impact of COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
