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Food Safety Testing Market Is Expected To Grow Due To Increased Demand For Convenience And Processed Food || Bio-Rad Laboratories., Thermo Fisher Scientific Inc., Microbac Laboratories Inc., Symbio Laboratories, DNV GL, NSF International
Food Safety Testing Market
As per the food safety testing market report by The Business Research Company, the rise in demand for convenience and processed food is expected to drive the food testing market. Increase in income level of people due to the growth of the economy specifically in the developing nations has led to a rise in demand for processed and convenience foods. Food safety testing is used in the processed food industry to ensure the quality of packaged food. For instance, according to a joint study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), India, and Grant Thornton, UK, the processed food area can draw in $33 billion in investments by 2024 and has a degree for huge interests in food handling advances and handling hardware, as the complete food creation in India is assessed to double by 2024.
The global food safety testing market size grew from $21.32 billion in 2022 to $23.61 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The food safety testing market size is expected to grow to $33.99 billion in 2027 at a CAGR of 9.5%.
Read More On The Food Safety Testing Market Report Here:
https://www.thebusinessresearchcompany.com/report/food-safety-testing-global-market-report
Major competitors in the food safety testing market are SGS SA, Eurofins Scientific, Intertek Group plc, Bureau Veritas, ALS Limited, TÜV SÜD, AsureQuality Ltd., Bio-Rad Laboratories., Thermo Fisher Scientific Inc., Microbac Laboratories Inc., Symbio Laboratories, DNV GL, NSF International
The Food Safety Testing market is segmented -
• By Contaminant: Pathogens, Pesticides, Genetically Modified Organisms (GMOs), Toxins, Others Containments
• By Technology: Traditional, Rapid
• By Application: Meat, Poultry, And Seafood Products, Dairy And Dairy Products, Processed Food, Beverages, Cereals And Grains
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the food safety testing market.
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https://www.thebusinessresearchcompany.com/sample.aspx?id=6620&type=smp
The food safety testing market includes revenues earned by entities by providing microbiology testing, nutritional analysis, pesticide residue testing, product testing label, shelf life testing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The Table Of Content For The Food Safety Testing Market Include:
1. Executive Summary
2. Food Safety Testing Market Characteristics
3. Food Safety Testing Market Trends And Strategies
4. Food Safety Testing Market - Macro Economic Scenario
5. Food Safety Testing Market Size And Growth
6. Food Safety Testing Market Segmentation
..........
27. Food Safety Testing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Food Safety Testing Market
29. Food Safety Testing Market Future Outlook And Potential Analysis
30. Appendix
The "Global Food Safety Testing Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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