The global food safety testing market is experiencing growth primarily owing to increasing consumer awareness about food safety, stringent government regulations on food quality, and rising incidences of foodborne illnesses. Consumers are demanding safer and higher-quality food products, leading to greater adoption of testing methods by food manufacturers and suppliers. Additionally, advancements in technology for rapid and accurate testing are further driving market growth, as they enable quicker detection of contaminants and pathogens in food products.
WILMINGTON, Del., Sept. 4, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Food Safety Testing Market by Type (Pathogen and Genetically Modified Organism (GMO), Chemical And Toxin, Heavy Metals, Radioactivity, Others), Technology (Agar Culturing, PCR-based Assay, Immunoassay-based, Scintillation Counters And Geiger Counters, AAS And ICP-MS/OES and Others), Food Tested (Meat And Meat Product, Seafood, Dairy And Dairy Product, Cereals, Grains, And Pulses, Processed Food and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the food safety testing market was valued at $22.5 billion in 2023, and is estimated to reach $44.1 billion by 2033, growing at a CAGR of 7% from 2024 to 2033.
Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A04671
Prime Determinants of Growth
The prime determinants of growth for the food safety testing market include stringent regulatory frameworks, technological advancements, increasing consumer awareness, and the globalization of the food supply chain. Regulatory bodies such as the FDA and USDA enforce strict food safety standards, necessitating regular and thorough testing to prevent contamination and ensure public health. Technological innovations, such as PCR and next-generation sequencing, offer faster and more accurate detection methods, driving market expansion. Moreover, rising consumer awareness about foodborne illnesses and the demand for transparency in food production also fuel market growth. Consumers are increasingly aware about food safety, prompting food producers to adopt advanced testing practices to meet these expectations. In addition, the globalization of the food supply chain has increased the complexity of ensuring food safety, further strengthening the need for comprehensive testing solutions.
Report coverage & details:
Report Coverage | Details |
Forecast Period | 2024-2033 |
Base Year | 2023 |
Market Size in 2023 | $22.5 Billion |
Market Size in 2033 | $44.1 Billion |
CAGR | 7.0 % |
No. of Pages in Report | 200 |
Segments Covered | Type, Technology, Food Tested, and Region. |
Drivers | Rise in Incidents of Food Contamination and Adulteration |
Increase in Demand for Organic and Non-GMO Foods | |
Strict Regulations and Standards | |
Opportunities | Increased Focus on Food Fraud Detection |
Automation in the Food Processing Sector | |
Restraints | High equipment cost associated with testing equipment |
Concerns About False Positives and Negatives |
Segment Highlights
By type, the pathogen segment experiences a high demand in the food safety testing market owing to the increasing incidence of foodborne illnesses caused by bacteria like Salmonella, E. coli, and Listeria. These pathogens pose significant health risks, leading to severe illnesses and even fatalities. Regulatory agencies like the FDA and USDA mandate stringent testing to ensure food safety, driving demand for pathogen detection. Additionally, rising consumer awareness and the globalization of food supply chains further highlight the need for tough pathogen testing to prevent outbreaks and ensure public health
By technology, the PCR-based assay segment is witnessing a high demand owing to real-time polymerase chain reaction. Moreover, polymerase chain reaction is a quick and inexpensive quantitative method for determining the quantity of certain DNA-segments present in samples, which aids in detecting both purposeful and incidental food adulterations caused by biological contaminants. In addition, polymerase chain reaction technology is used extensively throughout the product development process in the agricultural biotechnology sector. The technique is typically used to identify whether a product sample contains genetically modified material as well as to calculate how much of it is contained in a product.
By food tested, the processed segment experiences a high demand as many chemicals are routinely added to processed foods to extend their shelf life and improve flavor & scent. However, the major food producers often include food additives that are bad for health and prohibited by the FDA to improve the food product. Food additives are added to food to enhance flavor, color, and shelf life. In addition, food additives are used in food processing to alter the taste, consistency, and packaging of the meal. To manufacture processed food in the right form, numerous chemicals are added to it. The frequent consumption of these substances adversely affects the health of a person.
Procure Complete Report (200 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/food-safety-testing-market
Regional Outlook
North America holds the major market share owing to the high prevalence of sleep disorders, such as insomnia and sleep apnea, and increased awareness about the importance of sleep health. The region benefits from significant healthcare expenditure, a strong presence of key market players, and a growing consumer inclination towards health and wellness products. In addition, the aging population and rising stress levels further drive the demand for food safety testing. The market is expected to continue growing, with ongoing innovations and the expansion of e-commerce platforms enhancing accessibility and convenience for consumers
Key Players
- Eurofins Scientific
- AsureQuality Ltd
- Bureau Veritas SA
- DNV AS
- TUV SUD AG
- Bio-Rad Laboratories
- Thermo Fisher Scientific, Inc.
- ALS Limited
- SGS SA
- Intertek Group plc
The report provides a detailed analysis of these key players in the global food safety testing market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, and agreements to increase their market share in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/A04671
Recent Development:
- On August 09, 2023 - ALS Limited strengthened its position as a market leader in food testing services with the acquisition of Proanaliz.
- On September 20, 2023 - Natrol launched its first-ever sleep aid supplement without melatonin, Soothing Night, made with effective, clinically-tested ingredients designed to reduce occasional stress and anxiety and promote longer, better sleep.
- On January 27, 2023 - Eurofins Scientific acquired Linlithgow-based Express Micro Science, one of Scotland's leading analytical testing businesses with expertise across water, chemistry, agriculture, and food microbiology.
- On September 22, 2022 - TÜV SÜD South Asia, a certification, testing, auditing, inspection and training company and the wholly owned subsidiary of TÜV SÜD Group, Germany inaugurated its enhanced, ultra-modern seafood, spices and commodity testing lab in Visakhapatnam, Andhra Pradesh.
Trending Reports in Industry:
Portable Food Safety Detectors Market Opportunity Analysis and Industry Forecast, 2021-2031
Food Safety Products Market Size, Share and Competitive Analysis, 2024 - 2033
Food Safety Testing Systems and Services Market Size, Share and Trend Analysis, 2023-2032
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact us:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-8007925285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com/reports-store/food-and-beverages
Follow Us on | Facebook | LinkedIn | YouTube
Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/food-safety-testing-market-to-reach-44-1-billion-globally-by-2033-at-7-cagr-allied-market-research-302237719.html
