Food Safety Testing Market worth USD 19.5 Billion in 2023 and Expected to Grow 7.15% CAGR by 2030

Market Overview: Global Food Safety Testing Market

According to MarkNtel Advisors, the Global Food Safety Testing Market research report is anticipated to grow at a CAGR of around 7.90% during the forecast period, i.e., 2024-2030. The research provides the overall market landscape, key insights, significant drivers, major competitors, regulatory landscape, opportunities, current trends, the industry's supply chain structure, changing policies, and the classification of product types, applications, major players, and sectors, among other things. The usage of self-explanatory tables, pie charts, and graphs in a creative format is one of the report's standout features.

Key Driver: Rapidly Rising Cases of Food-borne Illnesses Worldwide

The world is witnessing a swiftly increasing number of individuals being diagnosed with food-borne illnesses, i.e., the primary aspect projected to drive the Global market during 2024-2030. The major reason behind the rising incidence of these illnesses is the consumption of spoiled, contaminated, or expired food items with various microorganisms like fungi, bacteria, viruses, & parasites, among others. Consequently, there's a burgeoning demand for advanced food testing kits, equipment, and systems, which are accurate & can provide quick results in real-time, i.e., projected to stimulate the growth of the food safety testing industry in the years to come.

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Enlisting of the Food Safety Testing Market Segmentation:

To better understand or have an in-depth understanding of the industry, our dedicated group has put all of their efforts, following a rigorous research pattern to make the client better.

By Testing Type

-Allergen Testing
-Residues and Contamination Testing
-GMO Testing
-Mycotoxin (Fungi) and Microbiological Testing
-Pathogen Testing
-Toxic Heavy Metals Testing
-Others (Chemical or Nutritional Testing)

By Technology

-Traditional Technology
-Rapid Technology

By Application

-Food
-Beverages

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This section offers an assessment of the competition in the market of Food Safety Testing Market:

-The 3M Company
-Agilent Technologies
-ALS
-Bio-merieux SA
-Bio-Rad Laboratories
-Bureau Veritas
-Eurofins Scientific
-Genetic ID NA Inc
-Intertek Group
-Merck Group
-Merieux NutriSciences
-Neogen Corporation
-Qiagen Corporation
-SGS S.A.
-Others

Geographical Landscape of the Food Safety Testing Market

By Region

-North America
-South America
-Europe
-Asia Pacific
-Middle East and Africa

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Valuable Highlights in the Food Safety Testing Market

-The Food Safety Testing Market research offers information on the prevailing situation of the industry, including data on statistics, market size, and revenue.
-The Food Safety Testing Industry Report gives a clear picture of the industry by analyzing the emerging trends & possible opportunities that would assist the investors or venture capitalists to take profitable decisions.
-The study includes deep insights about the market, making market players informed about the target audience, including demographics & purchasing
-The Food Safety Testing Market study provides a detailed examination of the industry's competitive landscape, including information on market share & pricing strategies.

Key Questions Addressed in the Food Safety Testing Market Research Report:

-What is the projected size, share, & CAGR of the Food Safety Testing Market in the future years?
-What are the key trends & emerging opportunities likely to impact the Food Safety Testing Market during 2024-2030?
-What are crucial aspects creating a barrier to the market growth?
-What are the different segments & sub-segments considered in the market of Food Safety Testing research study?
-Who are the key stakeholders & players participating in the Food Safety Testing Market?
-What would be the demand for different types of products/services in the Food Safety Testing through 2030?

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This release was published on openPR.