Food Safety Testing Market 2023 Size, Share, Industry, Forecast to 2030

The Food Safety Testing Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Food Safety Testing market. This report explores all the key factors affecting the growth of the global Food Safety Testing market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Detailed Segmentation are:
by Contaminant (Pathogen, Genetically Modified Organism (GMO), Chemical & Toxin, and Others), Food Tested (Meat & Meat Product, Dairy & Dairy Product, Cereal, Grain, & Pulse, Processed Food, and Others), and Technology (Agar Culturing, PCR-based Assay, Immunoassay-based, and Others)

Food Safety Testing Market 2023 Overview:

The global food safety testing market size was valued at $13,144 million in 2017, and is estimated to reach $23,204 million by 2025, registering a CAGR of 7.3% from 2018 to 2025.

Food safety testing refers to the inspection of food products for disease-causing organisms, chemicals, and other hazardous materials. It is generally targeted at three primary food contaminants namely, pathogens, chemicals, and genetically modified organisms (GMOs).

Implementation of various regulations on food safety, particularly in the developed economies, drives the growth of the global food safety testing market. Recycling of animal by-products, sale of goods past their use by date, inclusion of harmful ingredients, and unsafe food handling processes are some of the major food fraud activities. The consumption of contaminated food, including toxic chemicals and radioactive materials, results in foodborne illness, which may further lead to death. The implementation of stringent regulations by many leading food safety organizations, such as Food Standards Agency, European Food Safety Authority, Food Safety and Standards Authority of India, and Canadian Food Inspection Agency, to prevent ill health of consumers and food fraud is expected to drive the growth of the global food safety testing industry.

In addition, rise in economically motivated adulterations (EMAs) due to high competition among food producers, and increase in instances of food debasement, such as adulterations, pesticides, artificial taste enhancers, and certifications, boost the growth of the food safety testing market. However, lack of food control infrastructure in the developing economies, complexity in testing techniques, and lack of harmonization of regulations are anticipated to hamper the growth of the market.

The report emphasizes on different contaminants, food being tested, and technological adaptations. By contaminant, the global food safety testing market is classified into pathogen, genetically modified organism (GMO), chemical & toxin, and others. Depending on food tested, the market is categorized into meat & meat product, dairy & dairy product, cereal, grain, & pulse, processed food, and others. According to different technologies used for food safety testing, the market is segmented into agar culturing, PCR-based assay, immunoassay-based, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global food safety testing market is highly competitive, owing to the presence of several well-established manufacturers and vendors. The market has been undergoing significant consolidation over the last few years, and this trend is expected to continue further, owing to increase in acceptance of food safety testing and technological advancements.

The major players analyzed in this report are SGS SA, Eurofins Scientific, Intertek Group plc, Bureau Veritas SA, ALS limited, TUV SUD, AsureQuality Ltd., DNV GL, Bio-Rad Laboratories, and Laboratory Corporation of America Holdings.

Other key players operating in the global food safety testing market include Agilent Technologies, Inc., Thermo Fisher Scientific, Inc., Shimadzu Corporation, PerkinElmer, Inc., and others.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Food Safety Testing Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

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Strategic Points Covered in Table of Content of Global Food Safety Testing Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Food Safety Testing market
Chapter 2: Exclusive Summary - the basic information of the Food Safety Testing Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Food Safety Testing
Chapter 4: Presenting the Food Safety Testing Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Food Safety Testing market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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Free Customization on the basis of client requirements on Immediate purchase:
1- Free country-level breakdown of any 5 countries of your interest.
2- Competitive breakdown of segment revenue by market players.

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In conclusion, the Food Safety Testing Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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