Global Food Safety Testing Market Size, Regional Insights, Latest Trends, Top Key Players and Revenue Estimation by 2026

According to MarkNtel Advisors’ research report, “Global Food Safety Testing Market Analysis, 2021,” the market is likely to grow at a CAGR of 7.9% during 2021-26 due to the rising safety concerns regarding genetically modified foods & chemical residues in foods and increasing incidences of foodborne illness. Moreover, the soaring retail & hospitality industry further aids the need for food safety testing to provide customers with good quality products. Another crucial aspect likely to fuel the overall market growth in the forecast period is the surging food adulteration. It increases the demand for food safety testing laboratories to detect these food adulterants.

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Key questions answered in the study
1. What are the current and future trends in the Global Food Safety Testing market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Global Food Safety Testing market?
5. What are the customer orientation, purchase behavior, and expectations from the Global Food Safety Testing market service providers across various regions?

GMO Testing Exhibits Fastest Growth
Based on the Testing Type, the market bifurcates into Allergen Testing, Residues & Contamination Testing, GMO Testing, Mycotoxin (Fungi) & Microbiological Testing, Pathogen Testing, Toxic Heavy Metals Testing, and Others. Among these, GMO Testing is likely to grow at a considerable rate during the forecast period. The surging production of genetically modified crops and changing government regulations on GMOs that make it mandatory for manufacturing companies to disclose details regarding GMOs present in their products are the primary factors backing the segment growth.

For detailed overview: https://www.marknteladvisors.com/research-library/global-food-safety-testing-market.html

“Global Food Safety Testing Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Food Safety Testing providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.


Processed Food Exhibits Fastest Growth
Based on the Application, the market classifies into Food and Beverages. The food segment further bifurcates into Dairy Products, Fruits & Vegetables, Seafood, Meat, Poultry, Processed Food, Cereals & Grains, and Others including Nuts and seeds. Out of these segments, the processed food is likely to grow substantially in the Global Food Safety Testing Market during the forecast period. It owes to the mounting demand for packaged products, including frozen meals and ready-to-eat products. Additionally, the high shelf life of processed products leads to the usage of preservatives. Therefore, the enforcement of stringent regulatory norms related to these products being necessary contributes to the overall segment growth, reveals MarkNtel Advisors in their research report, “Global Food Safety Testing Market Analysis, 2021.”

According to MarkNtel Advisors, the major leading players in the Global Food Safety Testing Market are The 3M Company, Agilent Technologies, ALS, Bio-merieux SA, Bio-Rad Laboratories, Bureau Veritas, Eurofins Scientific, Genetic ID NA Inc., Intertek Group, Merck Group, Merieux NutriSciences, Neogen Corporation, Qiagen Corporation, SGS S.A., and Others.

Market Segmentation:
1. By Testing Type (Allergen Testing, Residues and Contamination Testing, GMO Testing, Mycotoxin (Fungi) & Microbiological Testing, Pathogen Testing, Toxic Heavy Metals Testing, and Others (Chemical or Nutritional Testing))
2. By Technology (Traditional Technology, Rapid Technology [Molecular Detection System (MDS), Rapid pathogen testing technology, Rapid Antibody-based Technology])
3. By Application (Food [Dairy Products, Fruits & Vegetables, Seafood, Meat, and Poultry, Processed Food, Cereals & Grains, Others (Nuts and seeds)], Beverages [Water, Alcoholic Drinks, Milk Adulteration])
4. By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
5. By Country (U.S, Canada, Brazil, Mexico, Germany, France, The U.K, Spain, Italy, China, India, Japan, South Korea, UAE, Saudi Arabia, South Africa)
6. By Competitors (The 3M Company, Agilent Technologies, ALS, Bio-merieux SA, Bio-Rad Laboratories, Bureau Veritas, Eurofins Scientific, Genetic ID NA Inc., Intertek Group, Merck Group, Merieux NutriSciences, Neogen Corporation, Qiagen Corporation, SGS S.A., Others)

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We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

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