Global NGS-based Food Safety Screening & Testing Market is projected to reach the value of $ 51.64 Billion by 2030.

Market Description:
In 2024, the Global NGS-based Food Safety Screening & Testing Market was valued at $3.52 Billion, and is projected to reach a market size of $51.64 Billion by 2030. Over the forecast period of 2025-2030, market is projected to grow at a CAGR of 16.71 %.

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The global NGS-based food safety screening & testing market is witnessing significant growth, driven by a long-term market driver focused on ensuring food safety. With the increasing incidence of foodborne illnesses and outbreaks, there is a growing need for advanced technologies that can rapidly and accurately detect foodborne pathogens and contaminants. Next-generation sequencing (NGS) technology has emerged as a powerful tool in food safety screening and testing, enabling the rapid and precise identification of pathogens and contaminants in food samples. However, the COVID-19 pandemic has had a mixed impact on the market. While the pandemic has increased awareness about food safety and the importance of stringent screening and testing measures, it has also disrupted supply chains and affected the operations of food testing laboratories, impacting the market growth to some extent.
In the short term, a key market driver is the increasing adoption of NGS-based food safety screening & testing solutions by food manufacturers and regulatory authorities. This trend is driven by the need for more efficient and reliable methods to ensure food safety and compliance with regulations. An opportunity in the market lies in the development of portable NGS-based testing devices that can be used at various stages of the food supply chain, from farm to table. These devices offer the potential to revolutionize food safety screening by enabling real-time, on-site testing, reducing the time and cost associated with traditional laboratory-based testing methods.

One trend observed in the industry is the integration of NGS technology with other analytical techniques, such as mass spectrometry and polymerase chain reaction (PCR), to enhance the accuracy and reliability of food safety testing. This trend is driven by the need for more comprehensive and multidimensional analysis of food samples to detect a wide range of contaminants and pathogens. Overall, the global NGS-based food safety screening & testing market is poised for significant growth as the food industry continues to prioritize food safety and regulatory compliance.

Segmentation Analysis:
The global NGS-based Food Safety Screening & Testing Market segmentation includes:

By Product: Instruments, Consumables & Accessories
The consumables & accessories segment is expected to be the largest revenue contributor in the global NGS-based food safety screening & testing market. This is attributed to the increasing demand for sophisticated pre-sequencing tools and kits to carry out target enrichment, DNA fragmentation, size selection, and other pre-sequencing procedures. The segment is also driven by the frequent usage and buy rate of consumables needed to carry out the sequencing process of a specific sample.

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The instruments segment is anticipated to experience significant growth during the forecast period. This growth is attributed to the ongoing introduction of new platforms to speed up the sequencing process. As technological advancements continue to improve NGS workflows, the demand for instruments is expected to increase, driving the growth of this segment.

By Application: Meat, Poultry, Seafood, Dairy Products, Processed Food, Other Foods
The processed food segment is expected to have the largest revenue share in the global NGS-based food safety screening & testing market. This is driven by the increasing demand for processed meals due to evolving lifestyles and a growing population. Rising income levels, particularly in emerging nations, are also contributing to the demand for processed meals, leading to increased spending on processed foods. The proliferation of contemporary store formats that promote processed goods is further propelling the growth of this segment.
The processed food segment is expected to have the largest revenue share in the global NGS-based food safety screening & testing market. This is driven by the increasing demand for processed meals due to evolving lifestyles and a growing population. Rising income levels, particularly in emerging nations, are also contributing to the demand for processed meals, leading to increased spending on processed foods. The proliferation of contemporary store formats that promote processed goods is further propelling the growth of this segment.

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Regional Analysis:
1. Focus on Research and Development: Companies in the NGS-based food safety screening & testing market are increasingly investing in research and development (R&D) to enhance their product offerings. Recent developments in NGS technology have allowed for faster and more accurate testing, driving the demand for advanced screening and testing solutions. Companies are collaborating with research institutions and technology partners to develop innovative products that meet the evolving needs of the market, thereby enhancing their market share.

2. Expansion of Product Portfolio: Another trend in the market is the expansion of product portfolios to offer a comprehensive range of solutions for food safety screening and testing. Companies are developing new products and services to address specific needs in different segments of the market, such as meat, poultry, seafood, dairy products, and processed food. Collaborations and partnerships with suppliers and distributors are helping companies to expand their reach and offer a wider range of solutions, thereby increasing their market share.

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3. Strategic Collaborations and Partnerships: Collaboration and partnerships with other industry players are becoming increasingly common in the NGS-based food safety screening & testing market. Companies are partnering with food manufacturers, regulatory authorities, and technology providers to develop and deliver comprehensive food safety solutions. These collaborations help companies to leverage the expertise and resources of their partners, expand their market reach, and enhance their competitive position in the market.

Latest Industry Developments:
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This release was published on openPR.