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Food Pathogen Detection Technology Market Analysis, Size, Growth, Recent Trends, Industry Insights, Key Players, Segmentation, Demand Patterns And Forecast 2024-2033
Food Pathogen Detection Technology Market Report
The Business Research Company offers in-depth market insights through Food Pathogen Detection Technology Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The food pathogen detection technology market size has grown strongly in recent years. It will grow from $5.53 billion in 2023 to $5.96 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to increase in global outbreaks of foodborne illnesses and globalization of food trade.
The food pathogen detection technology market size is expected to see strong growth in the next few years. It will grow to $8.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing adoption of advanced food pathogen detection technologies for rapid testing and increasing stringency of food safety regulations. Major trends in the forecast period include rising use of genetic testing methods for detecting food pathogens, growth in pathogen test volumes, increasing focus on listeria detection in food samples, rising consumption of food pathogen detection technologies by third-party testing laboratories and increasing mergers and acquisitions in the food pathogen detection technology market.
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Market Segmentation:
The food pathogen detection technology market covered in this report is segmented -
1) By Technology: Traditional Food Pathogen Detection Technology, Rapid Food Pathogen Detection Technology
2) By Type Of Product: Consumables, Equipment
3) By Food Type: Meat & Poultry, Dairy, Processed Food, Fruits & Vegetables, Cereals & Grains
Major Driver - Rising Global Foodborne Illness Outbreaks Boost Food Pathogen Detection Technology Market
An increase in the outbreak of foodborne illness across the world contributed to the growth of the food pathogen detection technology market. Foodborne diseases refer to any hazardous or infectious sickness obtained as a result of consuming contaminated water or food. For instance, in December 2022, according to the data released by the European Food Safety Authority (EFSA), an Italy-based government agency that provides independent scientific advice and communicates on existing and emerging risks, the number of foodborne outbreaks reached 4,005 in 2021 in European Union (EU), an increase of 29.8% from 2020. The upsurge in the occurrence of foodborne diseases among the global population increased the demand for food pathogen detection technology, thus driving the food pathogen detection technology market growth.
Competitive Landscape:
Major companies operating in the food pathogen detection technology market report are Biomérieux SA, Merck KGaA, Bio-Rad Laboratories, Inc., 3M Company, Qiagen N.V., Pall Corporation, Hygiena, LLC, Romer Labs, Thermo Fisher Scientific, Charm Sciences Inc., SGS Group, Shenzhen Radiusen Systems, Eurofins Analytical Services India Private Limited, TUV India Private Limited, Intertek India Private Limited, Bureau Veritas Consumer Products Services Private Limited, Ensensor, S.T. Japan, ALS Global, Merieux NutriSciences, Eurofins Scientific, Pall Corporation, National Science Foundation, PrecisionHawk, Orchid Cellmark, Becton Dickinson, Clear Labs, Chinova Bioworks, Qualicon, Livekuna, Qpod, Neogen Corp, Costa Rica Insect Company, Det Norske Veritas As.
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Top Trend - Genetic Testing Transforms Food Pathogen Detection For Rapid And Reliable Results
Genetic testing technology is being increasingly used for the rapid, sensitive, and reliable detection of pathogens in food. Genetic testing techniques identify the problem even when the pathogens are just formed or are in tiny concentration. For instance, in July 2022, 1health, a US-based software platform that enables diagnostic testing results to be accurately delivered in minutes, in partnership with Apollo Health Group, launched Apollo's specialized high performing NGS tests. The Apollo Health Group is automating difficult genetic testing workflows and doing rid of risky paper-based procedures. Physicians around the United States can now register, make orders digitally and securely, and process test results promptly and securely via 1health's online platform.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Food Pathogen Detection Technology Market Characteristics
3. Food Pathogen Detection Technology Market Trends And Strategies
4. Food Pathogen Detection Technology Market - Macro Economic Scenario
5. Food Pathogen Detection Technology Market Size And Growth
…..
27. Food Pathogen Detection Technology Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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