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Rising Incidence Of Foodborne Diseases Fuels Growth In Food Pathogen Safety Testing Equipment And Supplies Market: Powering Innovation and Expansion in the Food Pathogen Safety Testing Equipment And Supplies Market by 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Food Pathogen Safety Testing Equipment And Supplies Market Through 2025?
In recent years, the market size for equipment and supplies used for food pathogen safety testing has seen robust growth. The growth is predicted to increase from $8.32 billion in 2024 to $8.99 billion in 2025, which corresponds to a compound annual growth rate (CAGR) of 8.1%. The substantial growth throughout the historical period is primarily due to factors such as heightened consumer awareness, the globalization of food supply chains, incidences of outbreaks, consolidation in the industry, and economic development.
What's the Projected Size of the Global Food Pathogen Safety Testing Equipment And Supplies Market by 2029?
In the coming years, the market for food pathogen safety testing equipment and supplies is projected to experience substantial growth. By 2029, the market is forecasted to broaden to $12.04 billion, with a Compound Annual Growth Rate (CAGR) of 7.6%. This growth during the forecast period is linked to factors such as the rise in global population, the embracement of automation, the effects of climate change, food traceability necessities, and increased demand from consumers for organic and natural foods. Significant trends during this period include a focus on food supply chain traceability, the incorporation of blockchain technology, escalating regulatory oversight, and growing consumer consciousness and demand for transparency.
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Top Growth Drivers in the Food Pathogen Safety Testing Equipment And Supplies Industry: What's Accelerating the Market?
The projected surge in the food pathogen safety testing equipment and supplies market is due to a rising number of incidences of foodborne diseases. These conditions occur when food or drink contaminated with toxins, chemicals, or pathogenic microorganisms is consumed. Changes in eating habits and irregularities play a role in the emergence of these diseases. The equipment designed for food pathogen safety testing comes into play as it helps identify dangerous pathogens in food items, thus promoting public health and instilling trust in consumers about the food supply chain. For instance, a report by the Italy-based European Food Safety Authority in December 2023 revealed a sharp increase of 43.9% year over year in the EU's foodborne outbreaks in 2022, from 4,005 in 2021. Therefore, the increasing incidence of foodborne diseases is fuelling the growth of the food pathogen safety testing equipment and supplies market.
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What Trends Will Shape the Food Pathogen Safety Testing Equipment And Supplies Market Through 2029 and Beyond?
Prominent firms in the food pathogen safety testing equipment and supplies market are focusing on creating advanced tools such as automated pathogen testing platforms, with the aim to revolutionize the conventional food safety testing technique. Such progressive testing methods are developed to expedite and enhance the procedure of recognizing pathogens in multiple samples, majorly within the food sector. To cite an example, Spectacular Labs, an autonomous testing equipment and lab automation provider based in the US, presented an efficient, precise, and automated platform for pathogen testing in July 2023. This inventive solution assists food and drink businesses in identifying pathogens onsite conveniently, and also helps testing labs to expand their operations economically. Furthermore, the system employs molecular strategies, such as real-time PCR or nucleic acid amplification, to deliver swift and precise outcomes, thereby augmenting the efficacy, dependability, and overall execution of pathogen testing in food and environmental specimens.
What Are the Main Segments in the Food Pathogen Safety Testing Equipment And Supplies Market?
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
Subsegments:
1) By Systems: Automated Testing Systems, Real-Time PCR Systems, Microbial Detection Systems
2) By Microbial Culture Media: Selective Media, Enrichment Media, Differential Media
3) By Test Kits: Rapid Test Kits, PCR Test Kits, ELISA Test Kits, Sample Collection Kits
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Which Top Companies are Driving Growth in the Food Pathogen Safety Testing Equipment And Supplies Market?
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
Which Regions Will Dominate the Food Pathogen Safety Testing Equipment And Supplies Market Through 2029?
Asia-Pacific was the largest region in the food pathogen safety testing equipment and supplies market in 2024. 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.
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