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Food Pathogen Safety Testing Equipment and Supplies Market to Reach USD 10.4 Billion by 2028: Stringent Regulations and Consumer Awareness Drive Growth
The food pathogen safety testing equipment and supplies market is projected to reach USD 10.4 billion by 2028, growing at a CAGR of 7.1% from 2023 to 2028, as per a research report by MarketsandMarkets. The increasing awareness of foodborne illnesses and their potential impact on consumers' well-being has resulted in a higher demand for advanced testing methods. Stringent regulatory standards imposed on the food industry have also played a crucial role in shaping the market, leading food manufacturers to invest significantly in innovative pathogen testing technologies to maintain compliance.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=211750412
Protecting Brand Reputation: A Critical Driver in the Market
The potential damage to the brand reputation of food manufacturers in the event of foodborne outbreaks has become a significant driver in the market. In today's digital age, information spreads rapidly through various media channels and social networks, making a single incident of contaminated food detrimental to a brand's image. To safeguard their reputation and maintain consumer trust, food manufacturers are proactively implementing comprehensive pathogen safety testing protocols.
Globalization of the Food Trade: Propelling Demand for Advanced Testing
The globalization of the food trade has further propelled the demand for sophisticated pathogen testing equipment and supplies. As food products are increasingly traded across international borders, the risk of pathogen contamination escalates due to differing food safety standards and practices. This has led to an increased demand for advanced testing technologies to ensure the safety and integrity of food products throughout the complex global supply chain.
Test Kits and Fruits & Vegetables: Key Growth Segments
Test kits are expected to witness the highest CAGR during the forecast period due to their efficiency, simplicity, and rapid results, making them accessible to various stakeholders, including small and medium-sized food businesses. The adoption of test kits is further driven by stringent food safety regulations and consumer demand for pathogen-free food products.
Fruits & vegetables are anticipated to grow at the highest CAGR in the food pathogen safety testing equipment and supplies market. As consumers prioritize safe and contaminant-free food products, regulatory authorities and food manufacturers are implementing rigorous testing measures for fruits and vegetables to address their vulnerability to pathogen contamination.
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North America: A Significant Market for Food Pathogen Safety Testing
North America's food pathogen safety testing equipment and supplies market is experiencing significant growth, driven by its commitment to stringent food safety regulations enforced by bodies like the FDA and CFIA. Rising consumer awareness of foodborne illnesses has also heightened the demand for safer food products, prompting the adoption of advanced pathogen detection technologies.
Key Players in the Market
Major key players operating in the food pathogen safety testing equipment and supplies market include Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Merck KGaA, Neogen Corporation, BIOMÉRIEUX, Agilent Technologies, Inc., QIAGEN, Shimadzu Corporation, Bruker, and PerkinElmer Inc. These companies are at the forefront of driving innovation and enhancing the food safety landscape through their cutting-edge products and solutions.
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/food-pathogen-safety-testing-equipment-Supplies-market-211750412.html
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
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