Precedence Research recently published a report on “Food Safety Testing Market Size, Share and Growth Analysis, By Application (Beverages, Meat, Poultry, & Seafood products, Dairy & Dairy Product, Cereal, grain, & pulse, Processed food, Others), By Technology (Genetically Modified Organism Testing, Allergen Testing, Chemical & Nutritional Testing, Residues & Contamination Testing, Microbiological Testing, Others) – Global Industry Analysis, Trends, Regional Outlook and Forecast 2020 – 2027”. Amid the COVID-19 crisis, the global food safety testing market value is projected to reach US$ 32.21 billion by 2027, rising at a CAGR of 7.2% from 2020 to 2027.
Food safety testing is a technical process that involves production, management, and storage of food items to inhibit food borne illnesses. It is achieved to administer the quality of food items and avoid undesirable incidents of food borne infections, poisoning and toxicity. Food safety regulations have been executed firmly on account of swelling cases of food adulteration and poisoning. Testing of food is imperative and essential to authenticate that food safety controls are vigorously involved, and in specific situations, can even serve as precautionary measures. The upsurge in global food production influences the development of the food safety testing market, with cumulative number of food safety controls in every stage from raw material procurement until the food items approaches customers, who seek for accredited certification when they procure food items to safeguard the safety of food.
Recently, Massachusetts Institute of Technology has established an innovative technology that offers faster and cheaper food testing method. Present-day food safety testing frequently comprises placing food samples in a culture dish to observe harmful bacterial colonies form. It is a lengthy process that takes around 2 to 3 days. However, the new MIT test is grounded on an innovative kind of liquid drop that may bind to bacterial proteins. This interaction can be recognized with the help of bare eye or smart phone and delivers a much less expensive and faster substitute to prevalent food safety tests.
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Growth Factors
Escalating sales of processed and packaged food in developing and developed nations due to influences such as increasing popularity of quick-service restaurants and varying lifestyles is expected to push the requirement for safety testing of eatable items. Furthermore, intensifying need for quality tests for unprocessed and processed meats is influencing the growth of global food safety testing market. Upsurge in the frequencies of food-borne infections that have led to the employment of stern food safety regulations is also projected to drive the market expansion during years to come.
The fruits and vegetables testing demand is anticipated to propagate at noteworthy growth rate throughout the assessment period. Countless outbreaks of food-borne infection principally in the U.S., Japan, and Canada have been credited to pathogen contamination, particularly E. coli 0157 and Salmonella in fruit juices and sprouted seeds. Good agricultural practices and noble sanitation practices are the foundation for the safe production of fresh vegetables and fruits. Nevertheless, the monitoring and detection of effective acute control points in the production of vegetables and fruits still remains a fact of apprehension Fresh fruits and vegetables testing need traditional and rapid technical methods, however, rapid technology is generally utilized for GMO testing of vegetables and fruit.
Report Highlights
Regional Snapshots
Europe occupied prevalent revenue share in the global food safety testing market with more than 35% share in 2019. High pervasiveness of food-related a version amongst users in the region is anticipated to lead to an amplified confidence on safety testing measures. Likewise, implementation of rigorous regulatory standards in the region is anticipated to lead to enormous market revenue in the region. Further, Asia Pacific is projected to list notable gains due to attempts commenced by concerned agencies concerning the safety of eatable items. The Food Safety and Standards Authority of India capitalized about USD 72.3 million to reinforce food testing infrastructure, which is similarly estimated to trigger the growth of food testing market in this economy.
Key Players & Strategies
Many manufacturers in the marketplace are concentrating on outfitting to the growing requirements of the consumers to make sure excellence and lengthier shelf life of beverages such as energy drinks, soft drinks, and fruit juices. Also, progression in the usage of concentrates and preservatives in milk and milk products is likely to result in augmented safety testing measures.
Global food safety testing marketplace is an extremely fragmented market with the existence of numerous global and local companies. Foremost market players deliver a comprehensive range of analytical services for the testing of finished products and raw materials. Companies also deliver microbiological testing of food products residue, shelf-life testing, contaminant analysis, and other services.
At present, the global food safety testing market is conquered by market participants such as
Market Segmentation
By Application
By Technology
By Regional Outlook
Key Takeaways
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Food Safety Testing Market, By Technology
7.1. Food Safety Testing Market, by Technology Type, 2020-2027
7.1.1. Genetically Modified Organism Testing
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Allergen Testing
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Chemical & Nutritional Testing
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Residues & Contamination Testing
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Microbiological Testing
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Others
7.1.6.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Food Safety Testing Market, By Application
8.1. Food Safety Testing Market, by Application, 2020-2027
8.1.1. Beverages
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Meat, poultry, & seafood products
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Dairy & dairy product
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Cereal, grain, & pulse
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Processed food
8.1.5.1. Market Revenue and Forecast (2016-2027)
8.1.6. Others
8.1.6.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Food Safety Testing Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Technology (2016-2027)
9.1.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Technology (2016-2027)
9.1.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Technology (2016-2027)
9.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Technology (2016-2027)
9.2.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Technology (2016-2027)
9.2.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Technology (2016-2027)
9.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Technology (2016-2027)
9.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Technology (2016-2027)
9.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Technology (2016-2027)
9.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Technology (2016-2027)
9.3.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Technology (2016-2027)
9.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Technology (2016-2027)
9.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Technology (2016-2027)
9.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Technology (2016-2027)
9.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Technology (2016-2027)
9.4.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Technology (2016-2027)
9.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Technology (2016-2027)
9.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Technology (2016-2027)
9.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Technology (2016-2027)
9.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Technology (2016-2027)
9.5.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Technology (2016-2027)
9.5.4.2. Market Revenue and Forecast, by Application (2016-2027)
Chapter 10. Company Profiles
10.1. SGS S.A.
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Eurofins SGS Group
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. TUV SUD
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Bureau Veritas
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Intertek
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Agilent Technologies Inc
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Thermo fisher Scientific Inc
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Shimadzu Corporation
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. PerkinElmer Inc
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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