Press release
Food Safety Testing Services Market Is Going to Boom | Major Giants SGS, Eurofins, Intertek, Bureau Veritas
HTF MI just released the Global Food Safety Testing Services Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2024-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.Major companies profiled in Food Safety Testing Services Market are: SGS, Eurofins, Intertek, Bureau Veritas, TÜV SÜD, ALS, Merieux NutriSciences, NSF, AsureQuality, Microbac, Romer Labs, Neogen, Bio-Rad, Thermo Fisher, 3M, PerkinElmer, IDEXX, R-Biopharm, Agilent, Shimadzu.
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HTF Market Intelligence projects that the global Food Safety Testing Services market will expand at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2033, from USD 24.9 Billion in 2024 to USD 51.5 Billion by 2033.
The following Key Segments Are Covered in Our Report
By Type
Pathogen Testing, GMO Testing, Allergen Testing, Chemical Residue Testing, Nutritional Labeling
By Application
Meat & Poultry, Dairy, Processed Foods, Beverages, Seafood
Definition: Food safety testing services ensure that food products meet regulatory standards and are safe for consumption. These services involve laboratory analysis for pathogens, allergens, contaminants, pesticide residues, heavy metals, and nutritional content. Governments and international food agencies mandate strict testing to prevent foodborne illnesses and ensure export compliance. Rising processed food consumption, global food trade, and frequent contamination outbreaks are driving market growth. Rapid testing technologies and automation are improving turnaround times and accuracy. Despite high operational costs and regulatory complexity, the demand for food safety testing continues to rise globally, especially in Asia-Pacific and Latin America.
Market Trends:
• Rapid testing kits, Blockchain tracking, Automated labs, DNA-based testing, Digital traceability
Market Drivers:
• Stringent regulations, Foodborne outbreaks, Export requirements, Consumers' safety demand, Industrialization of food
Market Challenges:
• High testing costs, Lack of trained staff, Sample logistics, Regulatory variation, Time delays
Dominating Region:
Europe
Fastest-Growing Region:
Asia-Pacific
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Food Safety Testing Services market segments by Types: Pathogen Testing, GMO Testing, Allergen Testing, Chemical Residue Testing, Nutritional Labeling
Detailed analysis of Food Safety Testing Services market segments by Applications: Meat & Poultry, Dairy, Processed Foods, Beverages, Seafood
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Food Safety Testing Services Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Points Covered in Table of Content of Global Food Safety Testing Services Market:
Chapter 01 - Food Safety Testing Services Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Food Safety Testing Services Market - Pricing Analysis
Chapter 05 - Global Food Safety Testing Services Market Background or History
Chapter 06 - Global Food Safety Testing Services Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Food Safety Testing Services Market
Chapter 08 - Global Food Safety Testing Services Market Structure & worth Analysis
Chapter 09 - Global Food Safety Testing Services Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Food Safety Testing Services Market Research Methodology
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.
Contact Us:
Nidhi Bhavsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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