Food Safety Testing Market is Growing Worldwide, Analysis Industry Perspective by End User and Forecast 2028
Food safety is a major concern for the food manufacturing and retail and hospitality industries. In-depth investigation and analysis took place while preparing the report.
Dallas, United States – May 17, 2021 /MarketersMedia/ —
The global food safety testing market size surpassed USD 18 billion. In addition, it is projected to gather a CAGR of above 7.5% over the forecast years 2020-2028. Food safety is a major concern for the food processing, retail, and hospitality industries. Productivity is influenced by food safety and hygiene. Both deliberate and accidental adulteration has been high-tech in recent years, and both research laboratories will assist in detecting these food adulterants. The primary purpose of food safety testing laboratories is to examine foods for adulterants, bacteria, and pesticide residues, as well as environmental contaminants such as microbial toxins, colors, heavy metals, non-permitted ingredients, and antibiotics, among other things. Without food processing, food suppliers and manufacturers of food goods cannot guarantee that pesticides, additives, heavy metals, and naturally occurring pollutants, among other contaminants, are absolutely eliminated from the food.
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An increase in cases of chemical pollution in food processing industries due to excessive use of procedures in the manufacture of ready-to-eat meals is expected to fuel commodity demand in the industry in the coming years. The demand for packaged and prepared food is expected to rise in developed and emerging economies as a result of factors such as evolving lifestyles and the popularity of quick-service restaurants, driving the need for edible food safety testing. In addition, the rising demand for food tests for processed and unprocessed food is likely to boost the growth of the food safety testing industry worldwide.
The market is expected to expand due to the advancement of new technology in the field of safety test procedures in the coming years. Factors such as a lack of global food safety regulation harmonization are expected to stifle overall demand development. Food protection has always been used to restrict commerce and levy taxes and tariffs. In addition, a change in population behavior and demographics in the Asia Pacific is anticipated to boost packaged food intake, which is likely to drive demand for food safety testing during the forecast period.
Prominent players operating in this industry are SGS, EUROFINS, INTERTEK, BUREAU VERITAS, ALS LIMITED, TÜV SÜD, TÜV NORD GROUP, NEOGEN CORPORATION, MÉRIEUX, and ASUREQUALITY. Apart from above mentioned companies, other key companies engaged in food safety testing business are FOOD CHAIN ID, RJ HILL LABORATORIES, MICROBAC LABORATORIES, ROMER LABS, and SYMBIO LABORATORIES.
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Biosensors, PCR (polymerase chain reaction), and fast culture detection are examples of technological advancements that are providing new commercial opportunities. In addition, during the forecast era, the adoption of electrical biosensors in microbiological research to shorten the study period is expected to increase demand for food safety testing.
The global food safety testing industry is fragmented into end-user, tests, and regions. On the basis of tests, the industry is segmented into allergen, genetically modified organism, chemical & nutritional, residues & contamination, microbiological, and others. By end-user, the market is segregated into Meat, Poultry, & Seafood Products, Beverages, Processed Food, Dairy & Dairy Products, Cereals & Grains, and others. In 2018, Europe emerged as the industry’s dominant field, accounting for 35.3 percent of business sales. The high prevalence of food allergies in the area is expected to lead to a greater emphasis on safety testing procedures.
Key Segments of the Global Food Safety Testing Market
Test Overview, 2018-2028 (USD Million)
• Allergen
• Chemical & Nutritional
• Genetically Modified Organism
• Microbiological
• Residues & Contamination
• Others
End User Overview, 2018-2028 (USD Million)
• Meat, Poultry, & Seafood Products
• Dairy & Dairy Products
• Processed Food
• Beverages
• Cereals & Grains
• Others
Regional Overview, 2018-2028 (USD Million)
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Middle East and Africa
• UAE
• South Africa
• Rest of Middle East and Africa
South America
• Brazil
• Rest of South America
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