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Portable Food Safety Detectors Market Size, Demand, Key Players And Forecast To 2033
Portable Food Safety Detectors Market Size
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According to The Business Research Company's, The portable food safety detectors market size has grown strongly in recent years. It will grow from $7.04 billion in 2023 to $7.50 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increasing incidence of foodborne illnesses, demand for convenience and portability, demand for transparency and accountability, the increase In focus on food safety regulations, and increasing global trade.
The portable food safety detectors market size is expected to see strong growth in the next few years. It will grow to $9.70 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increasing focus on food safety in emerging economies, increasing demand for rapid and on site testing, globalization of food supply chains, increase in awareness about portable food safety, and consumer demand for transparency. Major trends in the forecast period include integration of advanced sensor technologies and data connectivity, development of multi-functional detectors, integration of advanced technologies such as artificial intelligence (AI), internet of things (IoT), and blockchain, integration with mobile technology, and advances in miniaturization are making detectors.
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Market Drivers and Trends:
The rise in foodborne illnesses is expected to propel the growth of the portable food safety detectors market going forward. Foodborne illnesses are preventable diseases caused by consuming contaminated food or drink, leading to symptoms ranging from mild discomfort to severe and potentially life-threatening conditions. An increasing number of foodborne illnesses are caused by poor personal hygiene, improper holding temperatures, and contaminated equipment or cross-contamination. Portable food safety detectors play a crucial role in preventing foodborne diseases by providing timely and accurate information about the safety of food products. It also helps to identify and mitigate risks, ultimately reducing the incidence of foodborne diseases and protecting public health. For instance, in December 2023, according to the European Food Safety Authority, an Italy-based government agency, in 2022, there were 5,763 foodborne outbreaks in the European Union, a 44% increase compared with 2021. Therefore, the rise in foodborne illnesses drives the portable food safety detectors market.
Major companies operating in the portable food safety detectors market are focused on developing innovative products, such as portable laser-based systems to enable rapid, on-site detection of food adulteration and fraud. Portable laser detectors can be used on various food products, from liquids to solids. They can be integrated into inline inspection systems for high-throughput screening or used as portable devices for field testing. For instance, in December 2022, ENEA, an Italian government agency, launched a portable laser system for food fraud detection. Innovative portable laser-based food safety detectors offer rapid, non-destructive, and versatile solutions for identifying contaminants, improving traceability, and enhancing transparency. These are all crucial for preventing foodborne illnesses and building trust in the food supply.
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Major Key Players of the Market:
Eurofins Scientific, Agilent Technologies Inc., Intertek Group plc, Metler Toledo, Smiths Group PLC, PerkinElmer Inc., Bio-Rad Laboratories inc., Mérieux NutriSciences, Neogen Corporation, Sesotec GmbH, Metrohm AG, Loma Systems, R-Biopharm Inc., 3M Company, Nima Partners, Zimmer and Peacock Ltd., DETECTRONIC A/S, Foodsense Technology, Biorex Food Diagnostics Ltd., Allergy Amulet
Portable Food Safety Detectors Market 2024 Key Insights:
• The portable food safety detectors market size is expected to see strong growth in the next few years. It will grow to $9.70 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%.
• The Rise Of Portable Food Safety Detectors Driven By The Increasing Prevalence Of Foodborne Illnesses
• Innovative Portable Laser Systems Revolutionize Food Safety And Fraud Detection
• North America was the largest region in the portable food safety detectors market in 2023
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