Global Food Safety Testing Industry Trends, Growth Forecast, Competitive Analysis, and Market Segmentation from 2024 to 2032

Food Safety Testing-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global food safety testing market was estimated to be worth USD 23.21 billion in 2023 and is predicted to expand to USD 40.91 billion by 2032, with a CAGR of 7.3% during the forecast period 2024-2032.

Report Scope:

This comprehensive study provides an accurate overview of the worldwide food safety testing market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by test, application, and region in the study, which offers a comprehensive picture of the state of the market.

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Market Definition:

The act of examining food products to make sure they are safe to eat and devoid of pollutants, pathogens, and other dangerous materials is known as "food safety testing." In order to prevent foodborne illnesses and make sure that food products fulfill quality and regulatory criteria, testing is essential. To find pollutants like bacteria, viruses, toxins, pesticides, and heavy metals in food samples, food safety tests can utilize a variety of methods, such as chemical analysis, physical testing, and microbiological testing.

Drivers and Trends:

The estimated rise in the prevalence of foodborne infections worldwide will result in a significant increase in demand for food safety testing in the future years.
The market is predicted to increase significantly because of rising public concern about food contamination and foodborne illnesses, as well as advancements in testing methods.

Top Companies:

Because there are so many companies in the industry, it is expected to be both competitive and fragmented. Here are the top companies in the food safety testing market:

Bureau Veritas (France)
SGS SA (Switzerland)
ALS Limited (South Korea)
Eurofins Scientific (Luxembourg)
Intertek Group plc (UK)
TÜV SÜD (Germany)

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Country-Wise Insights:

According to regional research, in 2023, North America dominated the market, accounting for the greatest market share. Market competitors have established a strong presence in North America by offering different product lines and superior food safety testing services, as well as cutting-edge manufacturing and marketing methods. The rising disposable income in Canada is likely to drive significant regional market expansion for food safety testing. Also, the Asia Pacific region is primed for strong expansion at a CAGR. This market rise is linked to the introduction of strict food safety standards and regulations.

Segmental Outlook:

Food Safety Testing, Test Outlook (Revenue - USD Billion, 2019 - 2032)

Genetically Modified Organism (GMO) Testing
Residues & Contamiation Testing
Microbiological Testing
Allergen Testing
Chemical & Nutritional Testing
Others

Food Safety Testing, Application Outlook (Revenue - USD Billion, 2019 - 2032)

Dairy & Dairy Products
Processed Food
Meat, Poultry, & Seafood Products
Cereals & Grains
Beverages
Others

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Food Safety Testing Market Report Highlights

The Microbiological Testing segment dominated the market in 2023. Its significant role in the identification of microorganisms in food through biological, chemical, molecular, and biochemical methods, ensuring accurate insights into their composition, is expected to drive market expansion.
The Meat, Poultry, & Seafood Products segment held the predominant market share throughout the forecast period. The global rise in the consumption of processed poultry and meat products across diverse settings, including households, restaurants, fast-food establishments, and other venues, is noteworthy.
In 2023, North America emerged as the dominant market. Market players in the region have established a robust presence by offering distinctive product lines and advanced food safety testing services, utilizing cutting-edge manufacturing and marketing strategies. The growing disposable income in Canada is anticipated to further contribute to additional regional market growth for food safety testing.

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