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.
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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).
Drivers:
More noteworthy rise of food-borne disease episodes.
Climb of worldwide food and drink industry.
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
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.
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.
By Food Tested:
Meat & meat product
Dairy & dairy product
Cereals, grains, & pulses
Others
By target tested:
Pathogen
Genetically modified organism (GMO)
Chemical & toxin
Others
By Technology:
Agar culturing
PCR-based assay
Immunoassay-based
Others
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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.
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
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. |
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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