Press release
Global Food Safety Testing Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2024-2032
According to the report by Expert Market Research (EMR), the global food safety testing market reached a value of USD 22.24 billion in 2023. Aided by increase in cases of food-borne illness and rising consumer awareness of food safety, the market is projected to further grow at a CAGR of 8.10% between 2024 and 2032.Food safety testing refers to the assessment and inspection of food products for pathogens, chemicals, and other hazardous agents. This rigorous process ensures that consumables are devoid of contaminants and align with global and local food safety standards. Recognising the grave implications of contaminated food - which can range from minor illnesses to severe health conditions, and sometimes even mortality - the value of food safety testing in today's globalised food market cannot be overstated.
The food safety testing market growth is driven by the rise in global food exports and imports. With an intricate web of global supply chains, ensuring that food products remain uncontaminated during transportation and storage is important. As a result, many international food regulatory bodies have laid down strict guidelines and standards for food safety testing, further fuelling the market's expansion.
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One of the significant food safety testing market trends is the rising shift towards rapid testing methods. Rapid testing techniques, powered by advanced technological innovations, ensure quicker, efficient, and more accurate results. Such methods are not only cost-effective but are also aligned with the industry's growing demand for timely test outcomes, particularly given the perishable nature of numerous food products.
A pivotal factor bolstering the food safety testing market size is the rising consumer awareness about the potential risks associated with contaminated food. Consumers today are well-informed about the significance of food safety and the potential repercussions of consuming adulterated products. This heightened awareness has led to a substantial demand for certified products, compelling food manufacturers and suppliers to rigorously test their offerings.
An in-depth food safety testing market analysis reveals the expanding application of advanced testing technologies within the food and beverages sector. Advanced techniques, such as Polymerase Chain Reaction (PCR) and Immunoassay-based methods providing more precision and reduced time frame of testing, are observing growing demand. As the food and beverages sector progressively incorporates these state-of-the-art technologies, the efficacy of food testing to ensure its safe consumption is expected to enhance.
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Market Segmentation
The market can be divided based on testing method, technology, food type, and region.
Market Breakup by Testing Method
Chemical Testing
Physical Testing
Nutritional Testing
Food Sensory Analysis
Microbiological Testing
Allergen Testing
Others
Market Breakup by Technology
Traditional Technology
Rapid Technology
Market Breakup by Food Type
Dairy Products
Fruits and Vegetables
Seafood, Meat, and Poultry
Processed Food
Cereals and Grains
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global food safety testing market. Some of the major players explored in the report by Expert Market Research are as follows:
SGS Group
Bureau Veritas S. A.
Eurofins Scientific
Intertek Group plc
ALS Limited
NSF International
Neogen Corporation
Merieux NutriSciences Corporation
Microbac Laboratories, Inc.
IEH Laboratories & Consulting Group
QIMA Limited
AGQ Labs
NSF International
TÜV NORD GROUP
EMSL Analytical, Inc.
Microbiologics, Inc
Romer Labs Division Holding GmbH
Others
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