IMARC Group’s latest report, titled “Food Safety Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global food safety testing market size reached a value of US$ 19.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 33.4 Billion by 2027, exhibiting at a CAGR of 9.97% during 2022-2027.
Food safety testing represents the analysis of various edible products to determine the presence of disease-causing microorganisms, chemicals, and other potentially hazardous compounds. It also plays a vital part in maintaining the overall health and well-being of individuals by ensuring food quality. Some of the commonly used food safety testing methods comprise microbiological, chemical and nutritional, allergen, residues and contamination, and genetically modified organism (GMO) testing. These tests further ensure proper food hygiene while controlling and preventing foodborne diseases.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
- ADPEN Laboratories Inc
- ALS Limited
- AsureQuality Limited
- Bio-Rad Laboratories Inc
- Bureau Veritas
- DNV AS (Stiftelsen Det Norske Veritas)
- Eurofins Scientific
- Intertek Group plc
- Mérieux NutriSciences
- NEOGEN Corporation
- NSF International
- SGS SA
- TÜV SÜD
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Food Safety Testing Market Trends:
The growing instances of adulteration and contamination that increase the risks of foodborne diseases are among the key factors stimulating the food safety testing market. Moreover, the rising consumer awareness towards hygiene and the safety of edible products, automation, versatility, and the speed of analysis, and the implementation of stringent regulations by government bodies to mandate the use of immunoassays (IAs) in food testing are acting as significant growth-inducing factors. Besides this, the widespread adoption of packaged and processed food products, owing to the inflating income levels, hectic lifestyles of individuals, and the increasing popularity of quick-service restaurants, is positively influencing the global market. Furthermore, the key market players are focusing on developing methods that help in minimizing the time and cost of food testing while ensuring accurate results, which is also propelling the market growth. Apart from this, the introduction of polymerase chain reaction (PCR) kits, immune sera, and standard and chromogenic media to detect pathogens in real-time with more speed and accuracy is expected to fuel the food safety testing market over the forecasted period.
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Key Market Segmentation:
Breakup by Type:
- Pathogen
- Genetically Modified Organism
- Chemical and Toxin
- Others
Breakup by Food Tested:
- Meat and Meat Products
- Dairy and Dairy Products
- Cereals, Grains and Pulses
- Processed Food
- Others
Breakup by Technology:
- Agar Culturing
- PCR-based Assay
- Immunoassay-based
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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