Food Safety Testing Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: SGS SA, Eurofins Scientific, Intertek Group Plc (UK), Bureau Veritas SA

Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Food Safety Testing Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.2% during the review period (2022 to 2027).

Food Safety Testing Market Overview

Implementation of numerous regulations on food safety, particularly in the developed economies, drives the growth of the global market. Recycling of animal by-products, sale of goods past their use by date, inclusion of dangerous ingredients, and unsafe food handling processes are some of the main food fraud activities. The consumption of contaminated food, including toxic chemicals and radioactive materials, results in foodborne illness, which may even lead to death. The implementation of stringent regulations by many leading food safety organizations, such as Food Standards Agency, European Food Safety Authority, Food Safety and Standards Authority of India, and Canadian Food Inspection Agency, to prevent ill health of consumers and food fraud is expected to drive the growth of the global food safety testing market. The growing consumption and production of meat products and technological advancement will boost new market opportunities for the market's growth rate. Furthermore, rise in strategic collaborations and emerging new markets will act as market drivers and further boost beneficial opportunities for the market's growth rate.

Industry Developments:

Bureau Veritas Announces Opening of Food Safety and Quality Testing Laboratory in the United States

May 02, 2022: Bureau Veritas, a world leader in testing, inspection and certification (TIC) services, announced the opening of its third US microbiology laboratory located in Reno, Nevada. The new laboratory offers rapid pathogen testing as well as microbiology indicator analyses to ensure the safety of food and agriculture commodities.

Who are the Major Players in Food Safety Testing Market?

The Foldable Intermediate Bulk Containers (IBC) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes SGS SA, Eurofins Scientific, Intertek Group Plc (UK), Bureau Veritas SA, ALS Limited, TUV SUD., AsureQuality Ltd., DNV GL, Bio-Rad Laboratories, Laboratory Corporation of America Holdings and others.

What are the major Applications, Types and Regions for Food Safety Testing Market?

Food Safety Testing Market is segmented based on the Product , Food Tested , Technology , applications, End users, companies and regions.

Global Food Safety Testing Market, by Type

• Pathogen


• Genetically modified organism (GMO)


• Chemical & toxin


• Others

Global Food Safety Testing Market, by Food Tested

• Meat & meat product


• Dairy & dairy product


• Cereals, grains, & pulses


• Processed food


• Others

Global Food Safety Testing Market, by Technology

• Agar culturing


• PCR-based assay


• Immunoassay-based


• Others

Food Safety Testing Market Regional Analysis

North America is projected to command the main share of the global food safety testing market in previous year, followed by Europe, Asia-Pacific, Latin America, and the Middle East and Africa. However, Asia-Pacific region is expected to witness a rapid growth during the forecast period. The rapid growth of this region is mainly attributed to the increasing demand for processed food products in emerging and developing countries such as India, China, Indonesia, and Thailand; increasing number of poisoning outbreaks with consumption of contaminated meat; and rise in cases of food degradation, such as contamination, pesticides, and artificial taste enhancers.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Food Safety Testing Market report scope?

Key Takeaways from this Food Safety Testing Report

• Evaluate Food Safety Testing market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Food Safety Testing market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.


• It further investigates the specifics that are positively impacting the profit graph of this business sphere.


• The study also elaborates the critical factors which will augment the commercial terrain of the Food Safety Testing market.

Frequently Asked Questions

What is the study period of this market?

The Food Safety Testing Market is studied from 2017 - 2027.

What is the growth rate of Food Safety Testing Market?

The Food Safety Testing Market is growing at a CAGR of 7.2% over the next 5 years.

Who are the leading key players in Food Safety Testing Market?

SGS SA, Eurofins Scientific, Intertek Group Plc (UK), Bureau Veritas SA, ALS Limited, TUV SUD., AsureQuality Ltd., DNV GL, Bio-Rad Laboratories, Laboratory Corporation of America Holdings

What regions regions does this Food Safety Testing Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Food Safety Testing Market?

Pathogen, Genetically modified organism (GMO), Chemical & toxin, Others

What are the significant applications of Food Safety Testing Market?

Agar culturing, PCR-based assay, Immunoassay-based, Others

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.