Market Overview: Global Food Safety Testing Market
MarkNtel Advisors, a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on the Global Food Safety Testing Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.
Food Safety Testing Market Insights 2024-30
The Global Food Safety Testing Market size was valued at around USD 19.5 billion in 2023 & is expected to grow at a CAGR of around 7.90% during the forecast period, i.e., 2024-30.
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Top Players in the Food Safety Testing Market:
- The 3M Company
- Agilent Technologies
- ALS
- Bio-merieux SA
- Bio-Rad Laboratories
- Bureau Veritas
- Eurofins Scientific
- Genetic ID NA Inc
- Intertek Group
- Merck Group
- Merieux NutriSciences
- Neogen Corporation
- Qiagen Corporation
- SGS S.A.
- Others
Segmentation Analysis of Food Safety Testing Market
Food Safety Testing Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
-By Testing Type
- Allergen Testing
- Residues & Contamination Testing
- GMO Testing
- Mycotoxin (Fungi) & Microbiological Testing
- Pathogen Testing
- Toxic Heavy Metals Testing
- Others (Chemical or Nutritional Testing)
Of them all, pathogen testing holds a notable share of the Global Food Safety Testing Market. Rapid pathogen testing techniques have become highly popular worldwide and are carried out extensively on dairy, meat, & seafood products, mainly due to the mounting prevalence of various foodborne diseases caused due to improper handling, undercooking, & unhygienic food storage conditions.
Mishandling of raw poultry and consumption of undercooked poultry & unpasteurized milk are the main reasons behind the growing cases of food poisoning. Governments of various countries are thus implementing stringent regulations on food safety as more & more consumers are becoming increasingly health conscious. As a result, numerous pathogen tests are being carried out on different food products to ensure proper food preparation & handling and reduce the possibilities of contamination, i.e., enhancing the Food Safety Testing Market size.
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-By Technology
- Traditional Technology- Market Size & Forecast 2019-2030, USD Million
- Rapid Technology – Market Size & Forecast 2019-2030, USD Million
-By Application
- Food- Market Size & Forecast 2019-2030, USD Million
- Beverages- Market Size & Forecast 2019-2030, USD Million
A Comprehensive Geographical Analysis:
-By Region
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
North America holds a noteworthy share of the Global Food Safety Testing Market. It owes primarily to stringent regulations on food safety implemented by the regulatory bodies, the rapidly increasing production & consumption of packaged food, which makes safety testing crucial during every stage of food production, coupled with the rising incidence of foodborne diseases, especially in the US & Canada.
Consequently, food safety testing types, such as microbial & GMO testing, have been made mandatory by regulatory bodies across North America at all stages of food production & processing in order to ensure that consumers eat safe food. In addition, the ever-increasing health consciousness among people, entwined with the extensive presence of the leading food & beverage manufacturers and testing companies working actively on discovering more innovative technologies, are other prominent aspects driving the North America Food Safety Testing Market.
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