South Korea Food Safety Testing Market By Technology (Agar culturing, PCR-based assay, Immunoassay-based, Others), By Food Tested (Meat and meat product, Dairy and dairy product, Cereals, grains, and pulses, Processed food, Others), By Type (Pathogen, Genetically modified organism (GMO), Chemical and toxin, Others): Opportunity Analysis and Industry Forecast, 2021-2031
The South Korea food safety testing market is expected to grow at a notable pace due to the introduction of advanced technologies, which ensure the safety of food products. Manufacturers are adhering to good manufacturing practice (GMP) with regard to food safety standards, which acts as a key driving force of the market. Thus, the South Korea food safety testing market is a well-developed sector that has made numerous advances in processing and testing methods such as approaches include agar culturing, PCR-based assay, immunoassay-based procedures, and other testing approaches. Moreover, food manufacturers use various testing methods to ensure the safe transport and distribution of food products to their customers.
In addition, the food safety testing market in South Korea is driven by federal government mandates and policies relating to the security of food. Furthermore, the country has become more familiar with the requirement for food safety, local authorities stringent procedures & policies concerning the quality of food production procedures and the security of food product. This has led to surge in demand from food processing organizations for latest and modern technologies in food safety testing.
In addition, the development of the food sector in Korea sustains the development of the food safety testing market. As food production and retail operations increase, the demand for reliable food safety testing approaches is expected to rise simultaneously to ensure risk-free shipment of food. Furthermore, increase in consumer awareness pertaining to food security is fostering the food safety testing market in South Korea. Consumers are gradually becoming aware of the quality of the food they purchase, which drives food mill and manufacturers to use more advanced testing technologies. However, high cost related to innovative technologies for evaluating the safety of food products hinders the market growth. In addition, reluctance to adopt these technologies due to their time-consuming procedures and requirement of skilled technicians hamper the market growth.
On the contrary, companies are focusing on developing clean label food, which are without GMP, irritant, or chemical deposits. Such initiatives drive the demand for advanced technological testing procedures for food security. Moreover, the food safety testing market in South Korea is expected to gain high traction due to rise in customer awareness pertaining to food safety & security. As customers become cautious of the safety & security requirements of the food they purchase, they significantly require food products that are safe and adhere to safety regulations. This is expected to boost the demand for advanced testing systems that detect any type of pollutants or toxins existing in food.
Moreover, the proliferation of new age technologies to conduct numerous examinations in a single run & precisely spot the existence of adulterants and impurities notably contributes toward the growth of the market. In addition, customer need for clean label food products is anticipated to rise eventually, which is likely to foster the need for food safety testing kits. Moreover, genetic diagnostic technologies are anticipated to play a crucial role in the future of the food safety testing market. This involves examinations that analyze the safety of food ingredients, their genetic make-up and their potential for allergy. In addition, companies are expected to invest in innovations that focus on the health & safety of the production procedure, such as use of genomic testing for identification of irritants and confirmation of high quality.
Analysis of raw material in a product (by %)
Consumer Buying Behavior Analysis
Industry life cycle assessment, by region
Product Life Cycles
Technology Trend Analysis
Pain Point Analysis
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Brands Share Analysis
Expanded list for Company Profiles
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
Per Capita Consumption Trends
SWOT Analysis
Volume Market Size and Forecast
Key Market SegmentsBy Food TestedMeat and meat product
Dairy and dairy product
Cereals, grains, and pulses
Processed food
Others
By TypePathogen
Genetically modified organism (GMO)
Chemical and toxin
Others
By TechnologyAgar culturing
PCR-based assay
Immunoassay-based
Others
Key Market PlayersSGS S.A.
Bureau Veritas
Intertek
ALS Limited
Korea Quality Control Association
Korea Testing & Research Institute
AJR International Co., Ltd.
Asia Pacific Services Co., Ltd.
Dong Yang Myung Jin Co., Ltd.
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