Food Safety Testing Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Food Safety Testing Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Food Safety Testing Market

The food safety testing market size was valued at USD 19.81 billion in 2022, and the market is now projected to grow from USD 21.25 billion in 2023 to USD 36.01 billion by 2030, exhibiting a CAGR of 7.82% during the forecast period of 2023-2030.

The COVID-19 was not a major concern to consumers when it comes to food safety before the virus outbreak but the crisis somehow changed the overall consumers’ perception of food safety. This resulted in a rapid elevation of consumer awareness about infrastructure and services in food logistics. First, due to the Covid pandemic, food consumption in the retail segment increased sharply, and shops’ shelves were left empty purchases. Therefore, to prevent contaminated food from being imported, countries began very rigorous testing of local and imported food.

Over the last decade, food safety offences and contaminations or adulterations have increased across the globe, and largely owing to the length of the food chain. This has resulted to higher consumer risks associated with foods products, their labels, ingredients, and safety thus questioning the authenticity of the food products. The Consumer Guidance Society of India stated that only 21% out of the milk samples obtained from Maharashtra complied with the FSSAI requirements. These issues have led to the development of firmer national norms and increased claims from the leading members of the food processing industry for better examination and observation of food safety.

To fill the above gap, there has been a growing need for more accurate point of need food safety testing equipment given that conventional testing requires one to access a lab which may be expensive and time consuming. In response to such challenges, funding from the government and the private sector has boosted the technological drive resulting to portable device for sample collection that does not require transportation to laboratories for analysis. These palm-size equipment’s employ ultraviolet, infrared, and other sensors to identify adulterants, contaminants, and allergies in food articles. For example, in July 2023, Bia Analytical enters a partnership with trinamiX in the development of a portable, rapid testing kit that could detect food fraud the result of which can be view in a connected app for real-time truth.

Comprehensive Analysis of Food Safety Testing Market

The food safety testing market growth is also increasing exponentially because of the segmentation of its market. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by test type analysis, by food tested analysis, and by technology analysis. By test type analysis incudes pathogens, genetically modified organisms, allergens, chemicals & pesticides, and others. By food tested analysis incudes meat, poultry & seafood, dairy products, processed foods, fruits & vegetables, and others. By technology analysis incudes rapid and conventional.

The North America region lead the food safety testing market share by benefitting a market size of USD 8.80 billion in 2022 due to its robust consumer demand.

Top players in the market have their responsibility of food & beverages industrial prospectus growth of the retailing industry and the markets. These players include, ALS Limited, AsureQuality Ltd, Bio-Rad Laboratories, Inc., Bureau Veritas, Deibel Laboratories, Eurofins Scientific SE, Intertek Group PLC Solutions, Mérieux NutriSciences, SGS S.A., Thermo Fisher Scientific Inc these market players provide a level-playing competitive landscape.

In December 2023, Neogen Corporation launched a quantitative Elisa assay for detecting walnut allergens.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2017-2030

Base Year 2022

Forecast Period 2023-2030

Historical Period 2017-2021

Growth Rate CAGR of 7.82% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Test Type

Pathogen

Genetically Modified Organism

Allergen

Chemical and pesticides

Others

By Food Tested

Meat, Poultry & Seafood

Dairy Products

Processed Foods

Fruits & Vegetables

Others

By Technology

Traditional

Rapid

Geography

North America (By Test Type, By Food Tested, By Technology and By Country)

U.S

Canada

Mexico

Europe (By Test Type, By Food Tested, By Technology and By Country)

U.K.

Germany

France

Spain

Italy

Rest of Europe

Asia Pacific (By Test Type, By Food Tested, By Technology and By Country)

China

India

Japan

Singapore

Australia

Rest of the Asia Pacific

South America (By Test Type, By Food Tested, By Technology and By Country)

Brazil

Argentina

Rest of South America

Middle East & Africa (By Test Type, By Food Tested, By Technology and By Country)

South Africa

UAE

Rest of the Middle East & Africa