Food Safety Testing Market Set to Reach $37.5 billion Forecast by 2031 | ALS Limited, Bio-Rad Laboratories, Inc., Bureau Veritas SA

Food Safety Testing Market by Technology (Agar culturing, PCR-based assay, Immunoassay-based, Others), by Food Tested (Meat and meat product, Dairy and dairy product, Cereals, grains, and pulses, Processed food, Others), by Type (Pathogen, Genetically modified organism (GMO), Chemical and toxin, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

The global food safety testing market size was valued at $18.7 billion in 2021, and is projected to reach $37.5 billion by 2031, growing at a CAGR of 7.2% from 2021 to 2031.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂: https://www.alliedmarketresearch.com/request-sample/5033

The growing population, rise in disposable income of consumers, rise in incidence of food frauds, the growing economically motivated adulteration (EMA) owing to high competition, and enhanced food safety testing drive the food safety testing market growth. However, a lack of necessary infrastructure for food safety control in the developing or poor nations, and a lack of communication between players in food safety testing market and their clients hinders the global market growth. On the other hand, introduction of new and cutting-edge techniques in food safety testing and various regulations on food safety, particularly in the developed economies will present new growth opportunities for the global food safety testing market in the coming years.

Increase in economically motivated adulteration (EMA) owing to high competition and rise in incidence of food frauds in the country, is the prime factor that boosts the growth of the U.S. food safety testing market during the forecast period.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮'𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/5033

Based on technology, the PCR-based assay segment grabbed the highest share of nearly half of the overall food safety testing market in 2021 and is projected to maintain its dominance in 2031. Moreover, the same segment is expected to witness the fastest CAGR of 7.6% from 2021 to 2031. Polymerase chain reaction technology is used by the agricultural biotechnology sector at various stages of the product development. The approach is primarily used to assess the amount of genetically modified material contained in a product or verify the presence or absence of genetically modified material in a sample of the product.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The Food safety testing industry is segmented on the basis of type, food-tested, technology, and region. By type, the market is categorized into pathogen, genetically modified organism (GMO), chemical and toxin and others. On the basis of food-tested, the food safety testing market is fragmented into meat & meat product, dairy & dairy product, cereals, grains, & pulses, processed food, and others. As per the technology, the market is divided into agar culturing, PCR-based assay, immunoassay-based and others. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Switzerland, and the rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, UAE, Saudi Arabia Argentina and the rest of LAMEA).

𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

Intertek Group Plc
SGS SA
TUV SUD AG
ALS Limited
Bio-Rad Laboratories
AsureQuality Ltd.
Eurofins Scientific
Bureau Veritas SA
Thermo Fisher Scientific, Inc.
DNV AS

The report analyzes these key players of the global food safety testing market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/5033

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐅𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the food safety testing market analysis from 2021 to 2031 to identify the prevailing food safety testing market opportunities.

The market research is offered along with information related to key drivers, restraints, and opportunities.

Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

In-depth analysis of the food safety testing market segmentation assists to determine the prevailing market opportunities.

Major countries in each region are mapped according to their revenue contribution to the global market.

Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

The report includes the analysis of the regional as well as global food safety testing market trends, key players, market segments, application areas, and market growth strategies.

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

South Africa Food Safety Testing Market - https://www.alliedmarketresearch.com/south-africa-food-safety-testing-market

GMO Testing Market - https://www.alliedmarketresearch.com/gmo-testing-market-A13552

Medical Food Market - https://www.alliedmarketresearch.com/medical-food-market-A15129

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