Food safety testing market Overview, Emerging Trends, Growth Drivers, Top Companies, Key Segments, and Revenue Forecast

Food Safety Testing Market by Technology (Traditional and Rapid), Target Tested, Food Tested (Meat, Poultry, Seafood, Dairy, Processed Foods, Fruits & Vegetables, and Cereals & grains) and Region - Global Forecast to 2027
The [https://www.globenewswire.com/en/news-release/2022/11/01/2545182/0/en/Food-Safety-Testing-Market-is-Expected-to-Grow-31-1-billion-by-2027-Report-by-MarketsandMarkets.html] is estimated to reach $31.1 billion by 2027, growing at a 8.1% compound annual growth rate (CAGR). The global market size was valued $21.1 billion in 2022. The food safety testing market plays a critical role in ensuring the quality and safety of the food we consume. With its ability to detect and eliminate harmful contaminants, pathogens, and toxins from food products, this sector is essential in protecting public health. In light of rising public concern over food contamination and food-borne illnesses, combined with advancements in testing technologies, the food safety testing market is poised for significant growth.

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Food Safety Testing Market Drivers [https://www.prnewswire.com/news-releases/food-safety-testing-market-worth-31-1-billion-by-2027--exclusive-report-by-marketsandmarkets-301632860.html]: Rising food recalls due to non-compliant food products

A food recall occurs when a food manufacturer removes a product from the market because there is a possibility that it could make consumers ill. Government agencies may ask for or require a food recall in certain circumstances. There are several reasons for food recalls, including but not restricted to:

1. Discovery of organisms, including bacteria like Salmonella and parasites like Cyclospora.

2. Discovery of foreign items, such as metal or broken glass

3. Discovery of a significant allergen that is not listed on the product label.

The massive increase in recalls has many causes, but some of them include the increasingly global and complex food supply chain, a few dramatic, large-scale recalls, like the intentional shipment of Salmonella-contaminated peanut products by the Peanut Corporation of America and the recall of over a half billion fresh eggs from Wright County Egg and Hillandale Farms, and the heightened regulatory oversight and media coverage that followed.

Food recalls are primarily a public health concern, but they are also significant economic issues. According to a joint industry study by the Food Marketing Institute and the Grocery Manufacturers Association, the average cost of a recall to a food company is $10M in direct costs, in addition to brand damage and lost sales. According to the Food Safety and Inspection Service (FSIS) of the U.S. Department of Agriculture, Russellville, Arkansas-based Conagra Brands, Inc. recently recalled about 119,581 pounds of frozen beef products because of misbranding and undeclared allergens. An allergy known as egg is included in the product but is not disclosed on the label.

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Rapid Testing Methods: There's a growing demand for rapid testing methods that can deliver quick and accurate results, allowing food manufacturers to streamline their production processes and minimize delays caused by traditional testing methods.

Blockchain Technology: Blockchain is increasingly being explored as a tool for enhancing food traceability and transparency. By providing an immutable record of a food product's journey from farm to fork, blockchain technology can help improve food safety by enabling faster identification and recall of contaminated products.

Increasing Focus on Molecular Diagnostics: Molecular diagnostic techniques, such as polymerase chain reaction (PCR) and next-generation sequencing (NGS), are gaining traction in the food safety testing market due to their high sensitivity and specificity in detecting pathogens and contaminants.

Remote and On-Site Testing: The COVID-19 pandemic has accelerated the adoption of remote and on-site testing solutions, allowing food companies to conduct testing at the point of production or distribution, thereby reducing turnaround times and minimizing the risk of contamination during transportation.

Automation and Robotics: Automation and robotics are being increasingly integrated into food safety testing processes to improve efficiency, accuracy, and throughput. Automated systems can handle large volumes of samples with minimal human intervention, reducing the risk of errors and contamination.

Focus on Food Fraud Detection: With the rise in food fraud incidents, there's a growing emphasis on implementing technologies and strategies for detecting adulteration, mislabeling, and counterfeit products. Techniques such as spectroscopy, chromatography, and DNA testing are being deployed to authenticate food products and ensure their integrity.

Shift towards Plant-Based and Alternative Proteins: The growing popularity of plant-based and alternative protein sources has led to an increased focus on ensuring the safety and quality of these products. Food safety testing methods tailored to plant-based ingredients and novel protein sources are being developed to address unique challenges and risks associated with these products.

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The meat, poultry and seafood segment by food tested is projected to achieve the highest CAGR growth in the food safety testing market.

Bacterial contamination occurs at every stage of the slaughtering process, with the highest risk during defeathering or skinning due to improper animal handling and unsanitary conditions. Cross-contamination can also happen because of inadequate equipment cleaning procedures. Additionally, scaling and eviscerating contribute to bacterial contamination. To address these issues, the Food Safety and Inspection Service (FSIS) has established regulations based on the HACCP food safety control system to prevent contamination of meat and poultry products in slaughterhouses and processing plants.

APAC is projected to account for the highest CAGR in the Food safety testing market during the forecast period.

The Asia Pacific food safety market is growing owing to the implementation of stringent rules and regulation regarding food. Governments have put different regulations in place for consumers, producers, and regulators. The market growth in this region is largely driven by rising demand for processed food in emerging and developing nations like India, China, Indonesia, and Thailand, as well as an increase in poisoning outbreaks caused by consumption of contaminated meat and rise in cases of food degradation like contamination, pesticides, and artificial flavouring. In 2007, the APEC Food Safety Cooperation Forum (FSCF), led by China and Australia, was established to improve the technical competence of food safety management and detection practices throughout the food supply chain.

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The key players in this market include Corteva Agriscience (US), BASF (Germany), Bayer (Germany), and Syngenta (Switzerland). Some emerging players in the global market include Nufarm (Australia), ADAMA (Israel), Arysta LifeScience (US), Drexel Chemical Company (US), Winfield United (US), Sipcam-Oxon (Italy), Helm AG (Germany), Tenkoz (US), Rainbow Agro (China), and Helena Agri Enterprise (US). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Intertek is a provider of quality and safety services. It caters chemicals, food and health care, government and trade, hospitality and tourism, energy and commodities, product and retail, construction and engineering industries. It operates through three business divisions, namely, products, trade, and resources. The company offers food safety testing services through its products division. In order to assist customers' Quality Assurance initiatives, Intertek adopts a holistic approach that covers R&D, raw material procurement, component suppliers, production, transportation, distribution and retail channels, and consumer management. Intertek has a global network of over 1,000 laboratories, including 29 state-of-the-art food testing laboratories in Germany, the UK, and China, and expert testing facilities in the US, Canada, India, Vietnam, South Korea, Peru, Sweden, Italy, Chile, Poland, Turkey, Indonesia, Sri Lanka, the UAE, Thailand, Hong Kong, and the Philippines. The company runs via 1,000 locations in 100 plus countries across the world. It has 23 principal subsidiaries, some of which are Intertek Testing Services Shenzhen Ltd. (China), Intertek Testing Services NA Inc. (US), Intertek Testing Services Holdings Limited (UK), Intertek Vietnam Limited (Vietnam), and Intertek Testing Services (Thailand) Limited. Major competitors of the company include SGS (Switzerland), Eurofins (Luxembourg), and Bureau Veritas (France).

Bureau Veritas is one of the forefront players in food safety testing market and is engaged in providing testing, inspection, and certification services in order to fulfill the rising challenges of quality, safety, environmental protection, and social responsibility. The company offers its services through six business verticals-buildings & infrastructure, agri-food & commodities, industry, consumer products, marine & offshore, and certification. The company offers food safety testing services through its agri-food & commodities segment. The company has established a strong network of 400,000 clients. They operate in North America, South America, Europe, the Middle East, Africa, and Asia Pacific through a network of 1,400 offices and laboratories in 140 countries. It has more than 250 subsidiaries, a few of which include BV Australia Pty Ltd. (Australia), BVCPS Germany (Germany), Bureau Veritas India (India), and Bureau Veritas North America Inc. (US). Major competitors of the company include Eurofins (Luxembourg), Intertek (UK), SGS (Switzerland), and ALS Limited (Australia).

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