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Food Safety Testing Market Report Scope & Overview:

Food Safety Testing Market was assessed at USD 21.07 billion out of 2022 it is projected to develop at a CAGR of 8.1% to arrive at USD 39.30 billion by 2030.

food safety testing is a logical investigation of a food item and its items to find data about different attributes, for example, physiochemical properties, creation, and construction. The data is utilized to decide the well-being of the item for utilization. The rising predominance of diseases reqfood-borneuests food safety testing for all food and drink items to forestall well-being risks, which supports the development of the food safety testing market.

Food Safety Testing Market Revenue Analysis

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food safety testing alludes to the examination of food items for sickness causing creatures, synthetics, and other perilous materials. It is for the most part designated at three essential food toxins in particular, microbes, synthetic substances, and hereditary adjusted life forms (GMOs).

Market Dynamics:

Drivers:

Restrains:

  • Absence of appropriate administrative rules for the deal and development of hereditary adjusted living being (GMO) food items.

  • Intricacies related with the testing methods.

Opportunities:

  • Developments in food safety testing.

  • Expanding utilization of additives in the refreshments to build the time frame of realistic usability of the beverages.

  • Developing utilization and creation of meat items.

Challenges:

  • Food allergens represent a significant gamble.

  • Absence of accordance of food safety guidelines.

  • Absence of essential supporting framework in agricultural nations

Impact Of Covid-19:

The food safety items and testing market is supposed to observe a moderate development infer-able from relaxations given by legislatures on the food name standards producers need to consent to during the pandemic flare-up. This is fundamentally done to guarantee adequate stock of fundamental food items to the populace especially in economies impacted by lockdown. Along these lines, one might say that the food safety items and testing business sector will keep on developing, in any event, during seasons of pandemic. Nonetheless, the development rate would be lower when contrasted with ordinary market circumstances.

Market Estimation:

In light of target testing, the food safety testing market is sectioned into pathogens, pesticides, poisons, GMOs, and others. Pathogen testing is done to dispose of or decrease the occurrence of food-borne ailments.

In light of innovation, the food safety testing market is bifurcated into conventional and quick.

In light of food type, the food safety testing market is portioned into meat, poultry, and fish items; dairy items; cereals and grains; handled food; products of the soil; and others.

Key Market Segmentation:

By Food Tested:

  • Meat & meat product

  • Dairy & dairy product

  • Cereals, grains, & pulses

  • Processed food

  • Others

By target tested:

  • Pathogen

  • Genetically modified organism (GMO)

  • Chemical & toxin

  • Others

By Technology:

  • Agar culturing

  • PCR-based assay

  • Immunoassay-based

  • Others

Food Safety Testing Market Segmentation Analysis

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Regional Analysis:

  • North America

    • The USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • The UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

North America holds the significant portion of the worldwide food safety testing market. The key variable driving the development of the food safety testing market in North America is severe guidelines by the administrative bodies.

The UK, Germany, France, Italy, and Spain have the biggest food ventures that are assessed to be the main business sectors for food safety testing in Europe. Then again, Denmark and the Netherlands are huge business sectors for unrefined substances of normal food safety testing. The elevated degree of mindfulness about good food sources and nourishment is projected to drive the market development for useful food in Europe. This, thus, is projected to drive the development of the food safety testing industry in the area.

 Key Players:

Eurofins Scientific SE, Laboratory Corp. of America Holdings, Asurequality Limited, Intertek Group Plc, Bio-Rad Laboratories, Inc., Bureau Veritas SA, Thermo Fisher Scientific, Inc., Scientific Analysis Laboratories Limited, ALS Limited, SGS SA.

Asurequality Limited-Company Financial Analysis

Company Landscape Analysis

 

Food Safety Testing Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 21.07 Billion
Market Size by 2030 US$ 39.30 Billion
CAGR CAGR 8.1% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Technology (q-PCR-Based Testing, d- PCR-Based Testing)
• by Target tested (Pathogen, Genetically modified organism (GMO), Chemical & toxin, Others)
• by Food tested (Agar culturing, PCR-based assay, Immunoassay-based, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Eurofins Scientific SE,  Laboratory Corp. of America Holdings, Asurequality Limited, Intertek Group Plc, Bio-Rad Laboratories, Inc., Bureau Veritas SA, Thermo Fisher Scientific, Inc., Scientific Analysis Laboratories Limited, ALS Limited, SGS SA.
Key Drivers •More noteworthy rise of food-borne disease episodes.
•Climb of worldwide food and drink industry.
Restraints • Developments in food safety testing.
• Developing utilization and creation of meat items.

Frequently Asked Questions

Ans: Food Tested, target tested and Technology segments are covered in the Food Safety Testing Market.

Ans: Eurofins Scientific SE, Laboratory Corp. of America Holdings, Asurequality Limited, Intertek Group Plc, Bio-Rad Laboratories, Inc., Bureau Veritas SA, Thermo Fisher Scientific, Inc., Scientific Analysis Laboratories Limited, ALS Limited, SGS SA. are the key players in the Food Safety Testing market.

Ans: The rapid technology segment is projected to make a foothold in the worldwide Food Safety Testing market.

Ans: The base year calculated in the Food Safety Testing Market report is 2021.

Ans:  The food safety testing market is projected to develop at a CAGR of 8.1% to arrive at USD 33.63 billion by 2028.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value chain analysis

6. Porter’s 5 forces model

7.  PEST analysis

8. Food Safety Testing market segmentation, target testing:

8.1 Pathogen

8.2 Genetically modified organism (GMO)

8.3 Chemical & toxin

8.4 Others

9.  Food Safety Testing market segmentation, by food testing:

9.1 Meat & meat product

9.2 Dairy & dairy product

9.3 Cereals, grains, & pulses

9.4 Processed food

9.5 Others

10. Food Safety Testing market, by Technology

10.1 Agar culturing

10.2 PCR-based assay

10.3 Immunoassay-based

10.4 Others

11. Food Safety Testing market, by region/ country

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12. Company profiles

12.1 Eurofins Scientific SE

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 Swot Analysis

12.1.4 The SNS View

12.2 Laboratory Corp. of America Holdings

12.3 Asurequality Limited

12.4 Intertek Group Plc

12.5 Bio-Rad Laboratories, Inc.

12.6 Bureau Veritas SA

12.7 Thermo Fisher Scientific, Inc.

12.8 Scientific Analysis Laboratories Limited

12.9 ALS Limited

12.10 SGS SA.

13. Competitive Landscape

13.1 Competitive Bench Marking

13.2 Market Share Analysis

13.3 Recent Developments

14. Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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