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Food Pathogen Safety Testing Equipment And Supplies Global Market Report 2024 - By Demand, Size, Share, Industry Growth, Outlook By 2033
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Food Pathogen Safety Testing Equipment And Supplies Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $11.17 billion In 2028 At A CAGR Of 7.6% :
The food pathogen safety testing equipment and supplies market size has grown strongly in recent years. It will grow from $7.7 billion in 2023 to $8.3 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to growing consumer awareness, globalization of food supply chains, outbreak incidents, industry consolidation, economic development.
The food pathogen safety testing equipment and supplies market size is expected to see strong growth in the next few years. It will grow to $11.17 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing global population, adoption of automation, climate change impacts, food traceability requirements, increased consumer demand for organic and natural foods. Major trends in the forecast period include emphasis on food supply chain traceability, adoption of blockchain technology, increasing regulatory scrutiny, rising consumer awareness and demand for transparency.
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Food Pathogen Safety Testing Equipment And Supplies Market Major Segments
The food pathogen safety testing equipment and supplies market covered in this report is segmented -
1) By Type: Systems, Microbial Culture Media, Test Kits
2) By Food Tested: Meat And Poultry, Processed Food, Dairy, Cereals And Grains, Fruits And Vegetables, Fish And Seafood, Other Foods
3) By Site: Outsourcing Facility, In-house, Government Labs
Key Driver - Rising Incidence Of Foodborne Diseases Fuels Growth In Food Pathogen Safety Testing Equipment And Supplies Market
An increasing number of cases of foodborne diseases is expected to propel the growth of the food pathogen safety testing equipment and supplies market going forward. Foodborne diseases refer to illnesses caused by consuming food or beverages contaminated with pathogenic microorganisms, toxins, or chemicals. This disease arises due to changes in food consumption habits, and irregularities. Food pathogen safety testing equipment is used to prevent and manage foodborne diseases by detecting harmful pathogens in food products, safeguard public health, and maintain consumer confidence in the food supply chain. For instance, in December 2023, according to a report published by the European Food Safety Authority, an Italy-based government agency, in 2022, foodborne outbreaks in the European Union surged by 43.9% compared to the previous year, up from 4,005 in 2021. Therefore, increasing cases of foodborne diseases are driving the growth of the food pathogen safety testing equipment and supplies market.
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Prominent Trend - Advancements In Automated Pathogen Testing Platforms Transforming Food Safety Industry
Major companies operating in the food pathogen safety testing equipment and supplies market are concentrating on the development of equipment advancements, such as automated pathogen testing platforms, to modernize the traditional food safety testing process. This advanced testing system is designed to streamline and improve the process of detecting pathogens in various samples, particularly in the food industry. For instance, in July 2023, Spectacular Labs, a US-based provider of autonomous testing equipment and lab automation, unveiled a fast, accurate, and automated pathogen testing platform. The solution will enable food and beverage companies to easily detect pathogens onsite while also allowing testing laboratories to scale their operations cost-effectively. Additionally, it utilizes molecular methods such as real-time PCR or nucleic acid amplification to achieve fast and accurate results, and it enhances the efficiency, reliability, and overall performance of pathogen testing in food and environmental samples.
Food Pathogen Safety Testing Equipment And Supplies Market Players
Major companies operating in the food pathogen safety testing equipment and supplies market are Thermo Fisher Scientific Inc., Danaher Corporation, Merck KGaA, Agilent Technologies Inc., PerkinElmer Inc., BioMerieux S.A., Shimadzu Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, Qiagen N.V., Neogen Corporation, Promega Corporation, Hygiena LLC, Romar Labs Division Holdings, R-BioPharm AG, Microbiologics Inc., BioControl Systems Inc., Zeulab S.L., HyTest Ltd., CHROMagar Technologies, Roka BioScience, Solabia Group, PathogenDx Corporation, Gold Standard Diagnostics Corp., Nemis technologies AG
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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the food pathogen safety testing equipment and supplies market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the food pathogen safety testing equipment and supplies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Food Pathogen Safety Testing Equipment And Supplies Market Report Structure
3. Food Pathogen Safety Testing Equipment And Supplies Market Trends And Strategies
4. Food Pathogen Safety Testing Equipment And Supplies Market - Macro Economic Scenario
5. Food Pathogen Safety Testing Equipment And Supplies Market Size And Growth
…..
27. Food Pathogen Safety Testing Equipment And Supplies Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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