New York, November 03, 2021 (GLOBE NEWSWIRE) – Food Safety Testing Market: Key Insights
According to our new research study on Food Safety Testing Market Size, share, revenue, forecast to 2028 – COVID-19 impact and global analysis by contaminant (pathogens, pesticides, toxins, GMOs and others), technology (traditional and rapid) and type of food (meat, poultry and sea products) ; dairy products ; cereals and cereals; processed foods; fruits and vegetables ; and others).
|Cover of the report||Details|
|Market size Value in||US $ 20,733.4 million in 2021|
|Market size Value per||$ 34,142.5 million by 2028|
|Rate of growth||7.4% CAGR from 2021 to 2028|
|Year of reference||2021|
|Number of pages||148|
|Number of tables||80|
|Number of graphs and figures||78|
|Historical data available||Yes|
|Covered segments||Contaminant, technology and food type|
|Regional scope||North America; Europe; Asia Pacific; Latin America; MEA|
|Country scope||United States, United Kingdom, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina|
|Cover of the report||Revenue forecast, company ranking, competitive landscape, growth factors and trends|
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Food Safety Testing Market: Competition Landscape and Key Developments
SGS SA, Eurofins Scientific, Intertek Group Plc, TÜV SÜD, AES Laboratories Pvt. Ltd., TÜV NORD GROUP., Bureau Veritas, ALS Limited, NEOGEN Corporation and AsureQuality are some of the key companies operating in the global food safety testing market. These companies offer a wide range of product portfolios for the market. These companies are present in developing regions, which provides a lucrative opportunity for market growth. These market players are strongly focused on developing innovative and high quality products to meet customer requirements. For example, in June 2021, SGS announced the opening of its new food analysis laboratory in Papua New Guinea. The new lab offers internationally recognized quality testing to the food manufacturing, hospitality and retail market segments. The facility offers a wide range of analytical services, such as food microbiology indicators, food microbiology pathogens, water microbiology and water chemistry.
The growth of the food safety testing market is attributed to factors such as the growth of the food and beverage industry, the presence of strict regulations to maintain the quality of food, and the increase in the prevalence of disease. food origin. Some examples of dangerous foods are raw shellfish containing marine biotoxins, vegetables and fruits contaminated with fecal matter, and uncooked animal foods. E. Coli, Campylobacter, and Salmonella are among the most common foodborne pathogens that affect millions of people around the world each year with fatal or serious consequences.
In 2020, North America accounted for the largest share of the global food safety testing market. North American countries have strict food safety regulators. The large amount of processed food products in the region is expected to fuel the growth of the food safety testing market. In addition, the COVID-19 outbreak has raised serious concerns about food safety in the region where consumers are very aware of the hygiene and quality of the food products they buy. As a result, food security has grown in importance and has led to strengthening the resilience of food systems and ensuring food safety.
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Innovations in food safety testing to influence the growth of the market during the forecast period:
Regardless of the constraints posed by the complexity of food safety testing techniques, food laboratories are increasingly developing new and improved test methods to make current test methods faster and more affordable. Growing attention to the disadvantages of several technologies, test costs, sample usage, and reduced test turnaround times has propelled the development of new technologies and technological innovations. Greater adoption of these technologies is an opportunity for small and medium-sized laboratories to compete with the main market players in the industry and to expand their service offerings. The machinery required for NMR spectroscopy is expensive. However, international players involved in the food safety testing market are investing heavily in the technology to make it available in regions such as Asia Pacific.
Food Safety Testing Market: Segment Overview
Based on contaminants, the food safety testing market is segmented into pathogens, pesticides, toxins, GMOs, and others. The pathogen segment market is further segmented into Salmonella, E.coli, Listeria and others. In 2020, the pathogen segment accounted for the largest market share.
Based on technology, the food safety testing market is divided into a traditional and rapid market. The fast segment dominated the market in 2020. Besides, the market for this sag is expected to grow at a higher rate during the forecast period.
By food type, the food safety testing market is segmented into meat, poultry and seafood products; dairy products; cereals and grains; processed foods; fruits and vegetables; and others. In 2020, the meat, poultry and seafood segment accounted for the largest market share.
Impact of the COVID-19 pandemic on the food safety testing market:
Consumer awareness is a major driver of the food safety testing market across the world. The COVID-19 outbreak has had a positive impact on the market as consumers and governments focus on the safety and hygiene of products intended for consumption. All food and beverage sectors face challenges in the midst of the outbreak, as SARS-CoV-2 is highly infectious and could eventually pass through food surfaces. Meat and poultry processing facilities faced particular challenges in transmitting the virus as workers at several facilities around the world were infected. For example, the US Department of Health and Human Services reported in July 2020 that 239 facilities in 23 states had become prone to COVID-19 infection. The total number of reported cases was 16,233, with 86 related deaths. Additionally, in November 2020, China reported that a sample of frozen pork knuckle imported into China triggered a new case of COVID-19 in the country. Such cases of COVID-19 infections in the food industry have created apprehensions among consumers and governments, which has spurred demand for food safety testing to mitigate health risks.
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Key Questions To Ask For Food Safety Testing Market:
- Can you list some of the major players operating in the global food safety testing market?
- In 2020, which region held the largest share of the global food safety testing market?
- Which category segment accounted for the largest share of the global food safety testing market?
- Which technology segment is experiencing the fastest growing in the global food safety testing market?
- In 2020, which country held the largest market share in the global food safety testing market?
- What is the main driver for the growth of the global food safety testing market?
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