Global Food Safety Testing Market Strategy Report 2023-2030: Focus on Microbiological Testing, Residues & Contamination Testing, Chemical & Nutritional Testing, Allergen Testing, GMO Testing


Dublin, Sept. 07, 2023 (GLOBE NEWSWIRE) -- The "Food Safety Testing: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Food Safety Testing Market to Reach $31.3 Billion by 2030

The global Food Safety Testing market, valued at US$19.2 Billion in 2022, is projected to expand to US$31.3 Billion by 2030, with a CAGR of 6.3% during 2022-2030.

The market analysis delves into various segments, including Microbiological Testing, Residues & Contamination Testing, Chemical & Nutritional Testing, Allergen Testing, GMO Testing, and more.

The report provides insights into annual sales, percentage CAGR, and value distribution across applications like Meat, Poultry, & Seafood Products, Processed Food, Dairy & Dairy Products, Beverages, Cereals & Grains, and Others. Notably, Microbiological Testing is predicted to attain a 6.1% CAGR and reach US$8.5 Billion during the analysis period. The Residues & Contamination Testing segment is expected to exhibit a growth rate of 6.6% post-pandemic recovery.

The U.S. Food Safety Testing market is valued at US$4.1 Billion in 2022, while China is poised to achieve a market size of US$2.2 Billion by 2030 with an 8.1% CAGR. Japan and Canada are also anticipated to experience growth, along with Germany in Europe. The Asia-Pacific market, led by countries like Australia, India, and South Korea, is projected to reach US$2.5 Billion by 2030.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

Key Attributes:

Report AttributeDetails
No. of Pages684
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$19.2 Billion
Forecasted Market Value (USD) by 2030$31.3 Billion
Compound Annual Growth Rate6.3%
Regions CoveredGlobal

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of COVID-19 on Food Safety Testing Industry
  • Increasing Risk of Food Fraud a Major Concern for Food Companies
  • Rising Need for Universal Food Safety and Security Regulatory Reforms
  • US Implements Safety Norms for Food Safety Companies
  • FDA's New Era of Smarter Food Safety
  • Requirements on Food Labeling Eased Temporarily in the United States
  • Food Safety Emerges as a Major Concern for Public Health Systems
  • Increasing Focus on Safe and High-Quality Foods Propels Food Safety Testing Market
  • A Bird's Eye View of Food Testing Market
  • Growing Need to Curb Foodborne Illnesses Drives Food Safety Testing Market
  • Developed Economies Lead the Food Safety Testing Market
  • Developing Economies to Spearhead Future Market Growth
  • Microbiological Testing Segment Leads, GMO Testing Poised to Post High Growth
  • Rising Threat of Pathogen Contamination Drives Growth in Pathogen Testing Market
  • Comparison of Foodborne Pathogen Testing Methods
  • E.coli Testing Market: Technology Advancements Drive Growth
  • GMO Testing: The Fastest Growing Testing Category
  • Pesticide Residue Testing Market Rides on the Growing Need to Limit Pesticide Remnants in the Food Supply Chain
  • Meat, Poultry & Seafood Products: The Largest End-Use Segment
  • Rapid Screening Gains Preference over Traditional Food Testing Procedures
  • Traditional Testing Technologies Continue to Rule the Roost
  • Leading Food Processors Exhibit Inclination Towards Rapid Microbiological Testing
  • Competitive Landscape
  • Key Brands in Food Testing Market
  • Recent Market Activity
  • Food Safety Testing - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

MARKET TRENDS & DRIVERS

  • Increase in Number and Complexity of Foodborne Outbreaks and Product Recalls: Food Safety Testing Market Positioned for Growth
  • Number of Food Allergen Recalls in the US: Breakdown by FDA-Regulated Foods and FSIS-Regulated Foods for 2019
  • Foodborne Illness Outbreak Investigations in the US (2019 & 2020)
  • Rising Food Needs of an Expanding Global Population Turns Focus onto Food Safety
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
  • Globalization Injects Universal Demand for Food Diagnostics
  • Highly Regulated Food & Beverage Industry Presents Opportunities for Testing Market
  • Food Contract Laboratories to Outdo In-house Labs
  • Outsourcing of Food Safety Testing Gathers Steam
  • Food Microbiology Testing Market on a Growth Spree
  • Global Food Microbiology Testing Market Breakdown of Value Sales (IN %) by Pathogen and Routine Tests for 2019
  • Rapid and Automated Tests: Attractive Solution for Food Processors
  • Emerging Technologies Transform Food Safety Testing Market
  • NGS-based Food Safety Testing: A Technology with High-Growth Promise
  • Novel & Tested Technologies to Spur Growth
  • Blockchain Technology to Play Important Part in Meat Recall-Related Losses
  • Number of Meat Recalls by Issue in the US for 2018
  • Number of Meat Recalls in the US for the Years 2012-2018
  • Nanotechnology in Food Testing
  • Biosensors and Smartphones Set New Frontiers
  • Biotechnology and Bioinformatics: The Backbone of New Testing Technologies
  • Process Testing to Gain Prominence
  • Automation Picks Up Momentum
  • Smart Labels and Tags Gains Significance
  • Consumer Packaged Goods Companies: Technology Innovations Aid in Compliance with Food Safety Requirements
  • Adulteration of Meat Products on the Rise
  • Meat Irradiation: A Solution to Curb Contamination?
  • Poultry Industry Embraces Rapid Microbiological Testing Technologies
  • Mycotoxin: A High-Grade Food Contaminant
  • Food Safety Services Challenged by Emerging Raw Materials
  • Environmental Monitoring Gaining Prominence in Food Processing
  • Mandatory Labeling Requirements Bode Well for Food Safety Testing Market
  • An Insight into Food Safety Testing Market by Technology
  • Real-time PCR/qPCR Technologies Fundamental in Food Safety Testing
  • Growing Prominence of Immunoassays in Food Sciences and Quality Control
  • Growing Concerns over GMOs Demand Rapid Tests for GMOs Detection
  • PCR Technique Plays a Vital Role in GMOs Detection
  • ELISA and Lateral Flow Tests Adoption in Identification of GMOs to Zoom
  • Metabolomic Profiling in Food Safety Testing: An Opportunity to Tap
  • Multiplexing for Food Pathogen Testing
  • LC/MS Technologies Gains Space in Food Safety Testing
  • Promising Prospects for Molecular Diagnostics in Food Safety Testing
  • Regulatory Environment
  • Stringent Norms Necessitate Food Safety Testing
  • Need for Standardization of Pesticide Residue Testing
  • Food Safety Modernization Act (FSMA)
  • HACCP
  • Codex Alimentarius Commission Agreement for Pre-Market GMO Testing
  • Key Issues
  • Food Industry's Growing Threat: Genetically Modified Organisms (GMOs)
  • Herbicide Resistant Genetically Engineered Plants Pose Problem
  • Food Safety Issues in Food Production
  • Global Companies Resist Standardization of Testing Procedures
  • Technical and Cost Related Hurdles Hamper the Microbiology Testing Market
  • Test Kits Remain Insufficient for Detecting All Allergens
  • Ban on Antibiotics Fuel Food Residue Testing

FOCUS ON SELECT PLAYERS (Total 68 Featured)

  • ALS Limited
  • Bureau Veritas S.A.
  • DTS Food Assurance
  • Eurofins Scientific
  • FoodChain ID Testing
  • ifp Institut fur Produktqualitat GmbH
  • Intertek Group PLC
  • Merieux NutriSciences
  • Microbac Laboratories, Inc.
  • Neogen Corporation
  • Romer Labs, Inc.
  • SGS SA
  • 3M Company
  • Biolog, Inc.
  • Charm Sciences, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/go5evs

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Global Market for Food Safety Testing

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