Food Safety Testing Market Share, Growth, Demand, Investment 

The global food supply is constantly in danger, and there is a high demand for efficient test tools to guarantee food safety. Food safety is a major issue worldwide for maintaining consumer health and wellbeing. Food products are examined for organisms, chemicals, and other harmful materials during food safety testing. It primarily targets infections, pesticides, and genetically modified organisms as the main food pollutants (GMOs).

In 2021 the market worth of food safety testing was USD 19.1 billion, and by 2030 it will reach USD 35.4 billion, growing at a 7.1% CAGR during the forecast period.

The demand for food safety testing has increased due to the threat posed by the rise in foodborne illnesses, adulteration incidents, and toxicity. The market for food safety testing is driven by rising consumer interest in food quality and technical improvements.

Market Dynamics

Drivers

Factors stimulating the global food safety testing market growth are the rising demand for wholesome and nutritious food additives, rising concerns about food safety, growing awareness of various health benefits, rising geriatric population, rising healthcare costs, shifting lifestyle habits, and the accessibility of various food safety testing techniques. Due to the growing recognition of the significance of digestive healthcare and the numerous health advantages these products offer, food safety testing plays a significant part in expanding the healthcare sector. Global demand for food safety testing has grown quickly due to rising worries about various health issues and the accessibility of a wide range of high-quality food products on the market.

Restraints

Food preservatives entail a wide range of dangers because they may cause significant problems like skin allergies, neurological damage, asthma, and even cancer. This slows the market's expansion.

Opportunity 

Since the COVID-19 pandemic, several aspects of food safety, including dining manners and transportation, have significantly improved. During the lockdown, a new opportunity emerged with the use of IT to track down a variety of consumer information and mobile apps for proper meal delivery using robotic and drone technology. This unfortunate circumstance offered a chance to change the food system, making it less susceptible to disturbances. As a result, customers were more vigilant about maintaining food safety, creating numerous prospects for industry expansion.

Market Segmentation 

By Test

On the basis of tests, the market is segmented into residues & contamination testing, chemical & nutritional testing, Allergen testing, Microbiological testing, Genetically modified organism testing, and others.

In 2021, the microbiological testing segment held the maximum position in the market, with 32.22% of the revenue share. In food processing, routine microbiological tests are frequently used to count the number of dangerous bacteria, such as coliforms/Escherichia coli, total viable organisms, Staphylococcus, and yeast/mold, in a food product. Compared to 860 million tests and 76.8% of all tests finished in 2017, these routine microbiological testing produced more than 1259 million tests in 2021. Or 74.1 percent of all microbiology tests performed. 

By Application

On the basis of application, the food safety testing market is segmented into beverages, dairy & dairy products, cereals & grains, processed food, and meat, poultry, & seafood products. 

In 2021, the meat & poultry products segment ruled the entire market with a significant revenue share of nearly 31.09%. In the upcoming years, the popularity of meat, poultry, and marine products will increase because they are easily contaminate and easy to see during processing and packing. Its texture, scent, freshness, and appearance are continuously examine. 

Regional Overview

In 2021 was account for by North America led the entire regional market with a revenue share of nearly 35.2%. Important factors like technical development and a high rate of fast tests drive corporate growth. The strict testing of food products and the quality standards for imported goods will improve market projections. The main drivers of industry development are real-time PCR and quantitative PCR innovation.

Asia Pacific will expand at the fastest rate during the forecast period. The market will expand due to the enormous growth of the food industry in developing countries like China and India. As well as the increased need to enact strict food safety regulations to handle a number of food scandals and contamination issues. 

Key Players 

• Bio-Rad Laboratories
• Idexx Laboratories Inc.
• DTS Food Laboratories
• Intertek Group PLC
• SGS AG
• Neogen Corporation
• A.L.S. Limited
• Bureau Veritas S.A.
• EMSL Analystical Inc.
• Eurofins Scientific 
• Thermo Fisher Scientific

In 2021 the market worth of food safety testing was USD 19.1 billion. And by 2030 it will reach USD 35.4 billion, growing at a 7.1% CAGR during the forecast period. The demand for packaged and processed food will increase in developed. And developing economies due to factors including changing lifestyles and the rising popularity of quick-service restaurants. The food safety testing market will develop due to the rising demand for quality checks on processed and unprocessed meats.

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