Press release
Food Safety Products And Testing Market Is Forecast To Grow At A CAGR Of 9.3% Between 2020 And 2027
Food safety products & testing for commercial purposes is an essential component of any food production process. It is an automated tool that improve the quality, speed, and accuracy of food safety tests through detection of numerous molecular contaminants, such as Salmonella, Listeria, Escherichia coli and others commonly implicated in frequent food poisoning incidents.It is essential for every business to test their food products on a regular basis. A laboratory testing service that can be relied on will have accurate results that are useful in determining the nature of the contamination. It is important to choose a laboratory that has had a high profile in the industry for years. In order to ensure the company has been accredited by national and international agencies, you should request information regarding the testing performed, its methodology, and the results obtained.
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Market Dynamics
Increasing focus of the hospitality sector on food safety and hygiene is expected to propel growth of the Food safety products & testing market. For instance, in May 2020, Radisson Hotel Group, a hotel group based in Sweden, partnered with SGS S.A. to launch the Radisson Hotels Safety Protocol, a new program of in-depth cleanliness and disinfection procedures.
Among regions, Europe is expected to witness significant growth in the Food safety products & testing market, owing to increasing focus of shopping centers on adopting food safety practices. For instance, in April 2020, Unibail-Rodamco-Westfield, a France-based commercial real estate company, partnered with Bureau Veritas TO label its shopping centers for hygiene, safety, and environment. Moreover, stringent regulations regarding food safety and hygiene are also expected to aid in growth of the market. For instance, in May 2018, The EU adopted Implementing Regulation (EU) 2018/775, which delineates the rules for the application of Article 26(3) of Regulation (EU) No 1169/2011 regarding primary food ingredient labeling.
North America is also expected to witness significant growth in the Food safety products & testing market, owing to increasing number of Food safety products & testing labs in the region. For instance, in October 2019, SGS SA started its new food microbiological testing laboratory in Fairfield, New Jersey U.S. The American Association for Laboratory Accreditation accredited facility offers food pathogen testing, rapid food microbiological indicator testing, and food hygiene testing.
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Competitive Analysis
Major players operating in the Food safety products & testing market include, SGS SA, Intertek Group Plc, Eurofins Scientific, Bureau Veritas S.A, Silliker, ALS Ltd., Asure Quality Limited, Microbac Laboratories, and DTS Food Laboratories
April 2019: Bureau Veritas acquired Shenzhen Total-Test Technology Co., Ltd., a food testing company based in China, which offers testing services for agricultural products, processed food products, additives, baby food, and animal feed.
Market Taxonomy
Global Food Safety Products and Testing Market, By End-Use:
Food
Snack Foods
Meat, Poultry & Sea Food
Dairy Products
Bakery & Confectionery
Fresh & Frozen Fruits & Vegetables
Frozen Foods
Others
Agriculture
Crops
Seeds
Environment
Water Testing
Pesticide & Residue Analysis
Soil Testing
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Coherent Market Insights is a global market intelligence and consulting organization, focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions.We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods.
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