The global food safety testing market size was US$ 17.1 million in 2021. The global food safety testing market is forecast to grow to US$ 31.1 million by 2030 by registering a compound annual growth rate (CAGR) of 7.9% during the forecast period from 2022 to 2030.
Food safety testing is a type of physical food testing that uses the scientific investigation of the food’s varied physical qualities or nutrient content. Microbial development causes a variety of foodborne illnesses and disorders; therefore, food safety testing has become necessary. Food testing serves as a quality indicator by revealing data related to the food’s structure, texture, color, ingredients, etc.
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Factors Influencing the Market
Government initiatives aimed at ensuring consumer safety will fuel the growth of the food safety testing market during the forecast period.
Rising consumer knowledge related to the harmful effects of contaminated food and rising incidents of food-borne diseases will escalate the demand for food safety testing during the study period. Moreover, the fact that safety certification ensures the high quality of food will benefit the food safety testing market during the study period.
Rising demand for product information, mainly related to ingredients, nutritional content, etc., will also drive the demand for food safety testing during the forecast period. In addition, growing cases of allergies to a specific ingredient or product will also contribute to the growth of the food safety testing market. On the flip side, additional costs added to the product due to food safety testing may limit the growth of the market during the forecast period.
COVID-19 Impact Analysis
Many services were affected due to the expansion of the virus, which resulted in rise in the public health awareness. Because of the fear of disease spread, the adoption of a healthy lifestyle increased among the general public. The food safety testing market witnessed significant growth due to the rise in consumer awareness related to the health hazards of unsafe food. Moreover, governments also took several steps and introduced various food standards for food manufacture, storage, and processing. As a result, the demand for food safety testing increased during the pandemic period.
Regional Analysis
North America is forecast to dominate the food safety testing market due to mounting urbanization and the busy schedules of the people, which is increasing the consumption of processed food. Furthermore, stringent regulations imposed by the governments in the region to ensure food safety will also drive the demand for food safety testing in the coming years, thereby prompting the market growth.
Competitors in the Market
• Bureau Veritas S.A.
• Genetic ID NA, Inc
• Covance, Inc
• Bio-Rad Laboratories
• Neogen Corporation
• Intertek Group PLC
• ALS Limited
• FoodChain ID
• Mérieux (US)
• Other Prominent Players
The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.
As of the end of 2022, the Food Safety Testing industry experienced notable growth in its workforce. Starting in January, employment within the Food Safety Testing sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Food Safety Testing output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.
Forecasts indicate that the global Food Safety Testing output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Food Safety Testing market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Food Safety Testing market.
Market Segmentation
The global food safety testing market segmentation focuses on Contaminants, Food Type, Testing Method, and Region.
By Contaminants
• Pesticides
• Genetically Modified Organisms
• Toxins
• Allergens
• Pathogens
By Food Type
• Processed Foods
• Dairy Products
• Fruits and Vegetables
• Meat and Poultry
• Others (food grains, beverages)
By Testing Method
• Microbiology Testing
• Analytical Chemistry Testing
• Sensory Testing
• Nutrition Analysis
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America
Table of Contents:
Chapter 1: Introduction to the Global Food Safety Testing Industry
Chapter 3: Dynamics of the Market
Chapter 4: Profiles of Leading Companies
Chapter 5: Competition in the Global Food Safety Testing Market among Players
Chapter 6: Market Size across Global Regions
Chapter 7: Application Segments in the Global Market
Chapter 8: Segment Analysis of the Global Food Safety Testing Industry
Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers
Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders
Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors
Chapter 12: Evaluation of Market Impact Factors
Chapter 13: Forecasted Global Food Safety Testing Market Size (2023-2031)
Reasons to Acquire This Report
(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.
(B) The report delivers a comprehensive analysis of global, regional, and country-level Food Safety Testing market revenues, extending projections until 2031. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.
(C) Through meticulous segmentation of the Food Safety Testing market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.
(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.
(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.
(F) The study facilitates the assessment of Food Safety Testing business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.
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Our study holds paramount importance for various reasons, a few of which include:
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• Analyzing market trends to aid businesses in devising adaptive strategies.
• Guiding businesses in the optimal placement of their products.
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