Food Safety Products and Testing Market Update and Future Outlook 2024 - 2031 | Intertek Group Plc, SGS SA, Eurofins Scientific SE

Market Overview:

The food safety products and testing market is estimated to be valued at USD 2.43 Bn in 2024 and is expected to reach USD 4.09 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.

Market Dynamics:

Rising consumer awareness towards food safety and stringent government regulations regarding food quality are expected to drive the growth of the food safety products and testing market over the forecast period. Growing instances of foodborne illnesses have increased demand for advanced food testing technologies from both food manufacturers as well as regulatory agencies. Furthermore, rapid urbanization leading to changes in food consumption patterns has boosted demand for packaged and processed food items, requiring rigorous safety testing protocols. The adoption of new technologies including PCR and chromatography are also expected to support market growth through 2031 by facilitating faster and accurate test results.

🔍 Sample Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/753?utm_source=openpr.com&utm_medium=referral

Food Safety Products and Testing Market Drivers: Rising health awareness among consumers is driving demand for food safety products and testing

Consumers have become increasingly aware about the importance of food safety in recent years. The outbreak of foodborne illness from contaminated food has been on the rise. People want to take necessary precautions to avoid getting sick from the food they eat. This has led to growing demand for food safety products like gloves, masks, testing kits etc. which help ensure proper hygiene and check for contaminants in food. Manufacturers are launching innovative products to cater to this need.

Food Safety Products and Testing Market Opportunity: Growing demand for packaged and fast foods presents lucrative opportunity

Rising incomes and changing lifestyles have fueled fast growth of packaged and processed food industry globally. Demand for packaged snacks, frozen foods, fast foods and ready-to-eat meals is surging dramatically. However, food safety concerns remain high for these segments. Mass production and long shelf life increases contamination risks. This massive industry uptake opens up opportunities for service providers and manufacturers of safety products. As packaged food giants invest heavily in compliance, the opportunity for testing services and safety gear suppliers looks bright.

Food Safety Products and Testing Market Trend: Increasing digitization and automation trends are transforming the industry landscape

Emerging technologies are bringing disruptive changes to food safety market. Usage of IoT sensors, AI and machine learning is gaining prominence. IoT devices can continuously monitor environments and detect contamination risks in real-time. AI analyzes testing data faster. Automated, high-throughput testing machines reduce turnaround times. Blockchain allows tracing food sources through supply chains. Industry 4.0 is enabling smart, digital operations. This digitization trend is improvingefficiencies, allowing for quick responses and increasing transparency. It is opening up new avenues of growth while driving existing players to embrace innovation.

🛒 You Can Purchase Complete Report @ https://www.coherentmarketinsights.com/insight/buy-now/753

Top Companies Included in This Report:

★ Intertek Group Plc
★ SGS SA
★ Eurofins Scientific SE
★ Thermo Fisher Scientific Inc.
★ ALS Limited
★ Asurequality Limited
★ Bio-Rad Laboratories Inc.
★ Bureau Veritas SA.
★ NSF International
★ Merieux Nutrisciences
★ TUV SUD
★ UL LLC
★ AsureQuality Limited
★ Cotecna
★ FSNS

Market Segmentation:

Based on Product Type:

★ By Test Type: Chemical & Nutritional Testing, Allergen Testing, Genetically Modified Organism (GMO) Testing, Microbiological Testing, and Others (Residues & Contamination Testing, etc.)

Based on Applications:

★ By Application: Meat, Poultry, & Seafood Products , Dairy & Dairy Products , Processed Food , Beverages , Cereals & Grains , and Others

Key Regions/Countries Classified as Follows:

» North America (U.S., Canada, Mexico)

» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

» South America (Brazil, Argentina, Rest of SA)

» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

Reasons to Purchase This Report:
📈 Regional Insights: Understand regional consumption patterns and factors influencing the market in different areas.

📈 Global Opportunities & Threats: Discover opportunities and challenges faced by global suppliers in the IELTS Training Platform sector.

📈 Growth Potential: Identify the fastest-growing regions and sectors.

📈 Competitive Landscape: Review market rankings, recent product launches, partnerships, expansions, and acquisitions of leading companies.

📈 Company Profiles: Access comprehensive corporate profiles, including company overviews, insights, product benchmarks, and SWOT analyses of key market players.

📈 Market Outlook: Get current and future market outlooks, including recent developments, growth opportunities, drivers, challenges, and regional constraints

FAQ:
What is the scope of this report?

Does this report estimate the current market size?

Does the report provide market size in terms of Value (US$ Mn) and Volume (thousand ton/metric ton/cubic meter)?

Which segments are covered in this report?

What are the key factors covered in this report?

Does this report offer customization options?

💎 Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/753

Author Bio:

Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.

(LinkedIn: https://www.linkedin.com/in/vaagisha-singh-8080b91)

Contact Us

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Australia: +61-2-4786-0457
India: +91-848-285-0837

About Us

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.