Food Safety Testing Market Detailed Analysis of Current Industry Figures with Growth Opportunities and Forecasts Growth by 2027

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The global food safety testing market size is likely to reach USD 32.21 billion by the end of 2027 and is expected to grow at a compound annual growth rate (CAGR) of 7.2% during the forecast period 2020 to 2027. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, market share analysis, potential challenges, profitability graph and the overall market environment.

Food safety testing is a technical process that involves production, management, and storage of food items to inhibit food borne illnesses. It is achieved to administer the quality of food items and avoid undesirable incidents of food borne infections, poisoning and toxicity. Food safety regulations have been executed firmly on account of swelling cases of food adulteration and poisoning. Testing of food is imperative and essential to authenticate that food safety controls are vigorously involved, and in specific situations, can even serve as precautionary measures. The upsurge in global food production influences the development of the food safety testing market, with cumulative number of food safety controls in every stage from raw material procurement until the food items approaches customers, who seek for accredited certification when they procure food items to safeguard the safety of food.

Recently, Massachusetts Institute of Technology has established an innovative technology that offers faster and cheaper food testing method. Present-day food safety testing frequently comprises placing food samples in a culture dish to observe harmful bacterial colonies form. It is a lengthy process that takes around 2 to 3 days. However, the new MIT test is grounded on an innovative kind of liquid drop that may bind to bacterial proteins. This interaction can be recognized with the help of bare eye or smart phone and delivers a much less expensive and faster substitute to prevalent food safety tests.

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Growth Factors

Escalating sales of processed and packaged food in developing and developed nations due to influences such as increasing popularity of quick-service restaurants and varying lifestyles is expected to push the requirement for safety testing of eatable items. Furthermore, intensifying need for quality tests for unprocessed and processed meats is influencing the growth of global food safety testing market. Upsurge in the frequencies of food-borne infections that have led to the employment of stern food safety regulations is also projected to drive the market expansion during years to come.

The fruits and vegetables testing demand is anticipated to propagate at noteworthy growth rate throughout the assessment period. Countless outbreaks of food-borne infection principally in the U.S., Japan, and Canada have been credited to pathogen contamination, particularly E. coli 0157 and Salmonella in fruit juices and sprouted seeds. Good agricultural practices and noble sanitation practices are the foundation for the safe production of fresh vegetables and fruits. Nevertheless, the monitoring and detection of effective acute control points in the production of vegetables and fruits still remains a fact of apprehension Fresh fruits and vegetables testing need traditional and rapid technical methods, however, rapid technology is generally utilized for GMO testing of vegetables and fruit.

Report Highlights

  • Global food safety testing market is compelled by augmented user alertness concerning the safety facets of different food items
  • There has also been an elevated need for innovative food testing technologies to identify the incidence of food pollutants, as they are more effectual and lucrative than outdated manual, time-consuming approaches
  • The Europe occupied prevalent revenue share in the global food safety testing market in 2019
  • North American food testing market is estimated to show healthy growth due to implementation of stringent food safety regulations across the region
  • The major key players operating in the food safety testing market are SGS S.A., Eurofins SGS Group, TUV SUD, Bureau Veritas, Intertek, Agilent Technologies Inc, Thermo fisher Scientific Inc, Shimadzu Corporation, and PerkinElmer Inc

Key Market Players and Strategies

Many manufacturers in the marketplace are concentrating on outfitting to the growing requirements of the consumers to make sure excellence and lengthier shelf life of beverages such as energy drinks, soft drinks, and fruit juices. Also, progression in the usage of concentrates and preservatives in milk and milk products is likely to result in augmented safety testing measures.

Global food safety testing marketplace is an extremely fragmented market with the existence of numerous global and local companies. Foremost market players deliver a comprehensive range of analytical services for the testing of finished products and raw materials. Companies also deliver microbiological testing of food products residue, shelf-life testing, contaminant analysis, and other services.

Few of the major market performers contending in the food safety testing marketplace are as follows:

  • SGS S.A.
  • Eurofins SGS Group
  • Bureau Veritas
  • Intertek
  • Agilent Technologies Inc
  • Thermo fisher Scientific Inc
  • Shimadzu Corporation
  • PerkinElmer Inc

Market Segmentation

By Application

  • Beverages
  • Meat, poultry, & seafood products
  • Dairy & dairy product
  • Cereal, grain, & pulse
  • Processed food
  • Others

By Technology

  • Genetically Modified Organism Testing
  • Allergen Testing
  • Chemical & Nutritional Testing
  • Residues & Contamination Testing
  • Microbiological Testing
  • Others

Regional Segmentation

  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia and Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia, Korea and Rest of Asia Pacific)
  • Latin America (Brazil and Rest of Latin America)
  • The Middle East and Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Regional Snapshots

Europe occupied prevalent revenue share in the global food safety testing market with more than 35% share in 2019. High pervasiveness of food-related a version amongst users in the region is anticipated to lead to an amplified confidence on safety testing measures. Likewise, implementation of rigorous regulatory standards in the region is anticipated to lead to enormous market revenue in the region. Further, Asia Pacific is projected to list notable gains due to attempts commenced by concerned agencies concerning the safety of eatable items. The Food Safety and Standards Authority of India capitalized about USD 72.3 million to reinforce food testing infrastructure, which is similarly estimated to trigger the growth of food testing market in this economy.

Why should you invest in this report?

If you are aiming to enter the global food safety testing market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for food safety testing are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Data points covered under food safety testing market research study:

  • The historic and forecast market estimation from years 2016 to 2027
  • Market estimation and research analysis for the global market by distribution channel
  • Market estimation and research analysis for the global market by region
  • Research analysis on market dynamics including drivers, restraints, opportunities, trends, and market challenges.
  • Competitive scenery and business strategies by key players
  • SWOT Analysis
  • PORTER's five force research analysis
  • PEST Analysis
  • DR impact analysis
  • Heat map analysis
  • Investment feasibility analysis

Key Questions Answered by the Report:

  • What will be the size of the global food safety testing market in 2027?
  • What is the expected CAGR for the food safety testing market between 2020 and 2027?
  • Which are the top players active in this global market?
  • What are the key drivers of this global market?
  • How will the market situation change in the coming years?
  • Which region held the highest market share in this global market?
  • What are the common business tactics adopted by players?
  • What is the growth outlook of the global food safety testing market?

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