Food Pathogen Testing Market Expected to Reach $17.04 Billion by 2030: Players SGS SA, Bureau Veritas

The report published by The Brainy Insights shows that the global food pathogen testing market is expected to grow from USD 8.6 billion in 2021 to USD 17.04 billion by 2030, at a CAGR of 7.9% during the forecast period 2022-2030. Europe emerged as the largest market for the global food pathogen testing market, with a 40.8% share of the market revenue in 2021. The rising developments in pathogen testing methods and nano-biotechnology propels the market's growth. The food pathogen testing market in the region has been growing due to increasing incidences of food-borne diseases. Furthermore, economic development and increasing globalization in the food trade contribute to the growth of the food pathogen testing market in the region. They are expected to drive the market's growth during the forecast period.

𝐆𝐫𝐚𝐛 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭- https://www.thebrainyinsights.com/enquiry/sample-request/12894

Global Food Pathogen Testing Market Size By Product Type (Campylobacter, Salmonella, E.coli, Listeria, and Others), By Food Type (Meat and Poultry, Fruits and Vegetables, Processed Food, Dairy, Cereals, and Grains), By Technology (Traditional Technology and Rapid Technology) Regions, Global Industry Analysis, By End-user, Share, Growth, Trends, and Forecast 2022 to 2030

Leading companies in the industry include SGS SA, Intertek Group Plc, Bureau Veritas, ifp Institut für Produktqualität GmbH, Eurofins Scientific, Mérieux NutriSciences, ALS Limited, Microbac Laboratories, AsureQuality, and FoodChain ID Group Inc., among others which are offering more significant opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.

The product type segment is divided into campylobacter, salmonella, E.coli, listeria, and others. The salmonella segment dominated the market, with a market share of around 26% in 2021. Salmonella infection is the most common bacterial disease, which is mainly caused due to the consumption of raw or undercooked poultry, meat, and egg products, which drives the segment's growth. The food type segment is divided into meat and poultry, fruits and vegetables, processed food, dairy, cereals, and grains. Over the forecast period, the meat and poultry segment is expected to grow at the fastest CAGR of 8.2%. The increasing consumption of meat and poultry products owing to the presence of higher proteins propels the segment's growth. The technology segment is divided into traditional technology and rapid technology. In 2021, the rapid technology segment accounted for the largest share of the market, with 66% and market revenue of 5.6 billion. The rapid technology segment has been growing due to its reduced food pathogen testing time.

The food pathogen testing market is anticipated to be driven by the increasing incidences of food-borne diseases and food poisoning. Furthermore, the recent developments in food pathogen testing methods and nano-biotechnology offers lucrative growth opportunities for the market. However, the high initial investment required for setting up the food pathogen testing center restrained the market's growth. Furthermore, the outbreak of the Covid-19 pandemic hampered the market growth as several testing centers were put on hold to stop the spread of the disease.

ACCESS FULL REPORT: https://www.thebrainyinsights.com/report/food-pathogen-testing-market-12894

About The Brainy Insights:
The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirement whether they are looking to expand or planning to launch a new product in the global market.

Media Contact
Avinash D
Organization: The Brainy Insights
Phone: +1-315-215-1633
Email: sales@thebrainyinsights.com
Web: www.thebrainyinsights.com

This release was published on openPR.