Food Diagnostics Market by Type (Consumables, Systems, Test Kits), Testing Type (Quality, Safety), Site, Food Tested - Global Forecast 2024-2030

Food Diagnostics Market by Type (Consumables, Systems, Test Kits), Testing Type (Quality, Safety), Site, Food Tested - Global Forecast 2024-2030

The Food Diagnostics Market size was estimated at USD 17.60 billion in 2023 and expected to reach USD 18.97 billion in 2024, at a CAGR 8.00% to reach USD 30.18 billion by 2030.

Food diagnostics refers to the space that envelops a wide array of methods and techniques employed to validate and quantify food products' safety and quality parameters. This comprises a collection of equipment, systems, and consumables that ensure the food regulatory standards are met, maintaining food hygiene and subsequent safety. Stringent food safety regulations enforced by governmental and international bodies alike, consumer awareness about food safety, and rising incidences of foodborne illnesses and microbial contamination driving the market growth. In contrast, the lack of food control infrastructure and complications related to quantifying test results restrict the adoption of food diagnostics. However, several researches are going on in this area, which leads to reliable, quality, and safe food diagnostic solutions. Furthermore, technological advancements in food testing kits and technologies and innovations in multi-contaminant analyzing technology and DNA-based kits for testing pathogens provide substantial growth opportunities.

Regional Insights



The Americas hold a considerable share in the worldwide food diagnostics market. In recent years, the region has seen a surge in consumer awareness regarding food safety and increased consumption of packaged foods. This region has an impressive portfolio of patents for innovative food diagnostics technologies, reflecting a robust research and development climate. Rising cases of foodborne diseases have propelled regulatory authorities to increase their investments toward enhancing food safety protocols, further driving the food diagnostics market. Furthermore, the EMEA region, comprising EU countries, the Middle East, and Africa, shows a diverse scenario for food diagnostics. In the EU, strict food safety regulations reflect the advanced sanitary protocols, creating an encouraging environment for the food diagnostics market. The EU is investing significantly in research and development to uphold its rigorous food safety standards, leading to various patented innovations in food diagnostics. The Middle Eastern and African countries show promise with their increasing initiatives to improve food safety by the Food and Agriculture Organization (FAO) and World Health Organization (WHO) guidelines. Asia Pacific is arguably one of the fastest-growing regions for the food diagnostics market. Several countries have a significant role in contributing to this growth. In this region, increasing demand for food diagnostics is attributed to the rising middle-class population, governmental initiatives towards improving food safety, and the extensive reach of the e-commerce sector.

Market Insights



Market Dynamics



The market dynamics represent an ever-changing landscape of the Food Diagnostics Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers


Increasing incidences of foodborne illnesses and microbial contamination
Emerging initiatives from the government and regulatory bodies to improve food safety
Rising consumer awareness of food safety and efficiency

Market Restraints


Dearth of standard infrastructure across economies

Market Opportunities


Technological advancements and improvements in food testing technologies
Development of multi-contaminant analyzing technology and DNA-based kits for testing pathogens

Market Challenges


Concerns of complications related to quantification of test results

Market Segmentation Analysis


Type: Extensive use of systems for proper food testing and providing accurate result
Testing Type: Consumer preference for quality testing service to enhance their food quality
Site: Significant role of food diagnostics in outsourcing facilities as it is an attractive option for small to mid-sized businesses and even industry
Food Tested: Increasing usage of food diagnostics for cereals, grains, and pulses owing to the rising health awareness among consumers

Market Disruption Analysis


Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix



The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Food Diagnostics Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis



The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Food Diagnostics Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments




Gold Standard Diagnostics expands its global Food Safety solutions portfolio!

Gold Standard Diagnostics has acquired the assets of Microgen Bioproducts Ltd. from Novacyt Group as part of their ongoing efforts to enhance their global Food Safety solutions portfolio. This acquisition includes well-established and widely recognized product ranges, such as Microgen Path-Chek Biochemical Identification Kits and Latex Agglutination Kits, distributed through global channels.


ALS expands food testing, quality control, and certification capabilities by acquiring Corthorn Quality S.A. Chile

ALS Limited has acquired Corthorn Quality S.A. Chile vinos y alcoholes, which has expanded its capabilities in food testing, quality control, and certification. This acquisition brings in-depth industry knowledge and experience to ALS's operations in the Pacific Region.


New Year, New Biorex Food Diagnostics

Biorex Food Diagnostics relocated to its newly constructed headquarters, a 30,000-square-foot facility in Antrim Technology Park. With an investment of GBP 8 million, the company equipped the facility with state-of-the-art research and development equipment. The new site encompassed two advanced laboratories, spacious warehouses, and temperature-controlled rooms for product storage.

Strategy Analysis & Recommendation



The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Food Diagnostics Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles



The report delves into recent significant developments in the Food Diagnostics Market, highlighting leading vendors and their innovative profiles. These include 3M Company, ALS Limited, AsureQuality Ltd., Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., Bureau Veritas SA, Charm Sciences, Inc., EMSL Analytical Inc., Equinox Labs, Eurofins Scientific SE, Intertek Group PLC, Microbac Laboratories, Inc., Mérieux NutriSciences Corporation, R J Hill Laboratories Limited, Romer Labs Diagnostic GmbH, Romer Labs Division Holding GmbH, SCIEX, SGS Société Générale de Surveillance SA, Symbio Laboratories, TÜV Nord Group, UL LLC, and VWR International, LLC..

Market Segmentation & Coverage



This research report categorizes the Food Diagnostics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Consumables
Disinfectants
Reagents
Test Accessories
Systems
Biosensors
Chromatography-Based
Gas Chromatography
Liquid Chromatography
Hybridization-Based
Gene Amplifiers
Microarrays
Polymerase Chain Reaction
Sequencers
Immunoassay-Based
Spectrometry-Based
Test Kits
Testing Type
Quality
Safety
Site
Inhouse
Outsourcing Facility
Food Tested
Cereals, Grains, & Pulses
Dairy Products
Fruits & Vegetables
Meat, Poultry, & Seafood
Nuts, Seeds, & Spices
Processed Food
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year