Global Food Safety Testing Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Global Food Safety Testing Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The global food safety testing market is projected to register a CAGR of 8.2% during the forecast period (2021 - 2026).

During the COVID-19 pandemic, the demand for the food safety testing market got increased as food manufacturers offer virus-proof food products to consumers and gain a competitive edge over other market players. Furthermore, the government authorities are ensuring the safe production of food products amid the surging virus threat. In response, the European Commission has laid guidelines for food manufacturers to stand off the lack of official control encountered during lockdowns.

Food safety testing is a major and unavoidable factor in the food industry. Regulations regarding food safety tests, for tracing elements and inspecting the microbiological quality, etc. have been implemented at each and every level of processing. The regulations and standards vary from country to country. The food safety testing market is driven by increased consumer awareness regarding the safety aspects of food products.

Multi-dimensional analytical separation methods, combined with High-Resolution Accurate Mass Spectrometers (HRMS) are expected to shape the future of food testing and analysis. Such techniques are aimed at achieving multi-target detection efficiencies by identifying a large number of food contaminants in one workflow.

Key Market TrendsGrowing Consumer Interest in Food Safety and Quality

The rising number of foodborne diseases, adulteration cases, and toxicity have been a threat to food safety and increased the need for food safety testing. The Centre for Disease Control and Prevention (CDCP) has reported that every year, one out of 10 people fall sick due to foodborne illness, mostly children under the age of five years. According to WHO around 420,000 people die every year after eating contaminated food. These factors highlight the need for increased care and the introduction of more facilities for food safety. Growing consumer interest in food quality with high technological advancements is driving the food safety testing market in developed countries. The safety certifications and compliance are undertaken by food processing companies and foodservice organizations are helping in gaining the consumer's trust. Increased consumer interest in food safety and quality issues, and the capability to rapidly share these issues through social media, combined with expanding regulatory resourcefulness, such as the Food Safety Modernization Act (FSMA), are enhancing the prominence of testing.

North America is the Largest Market for Food Safety Testing

North America holds the major share of the global food safety testing market. The key factor driving the growth of the food safety testing market in North America is stringent regulations by the regulatory bodies. The market is also driven by the increased production in the food segment in North America. The large market in North America is also attributed to the outbreaks of foodborne diseases. Food safety testing is made mandatory during every stage of production and processing, which ensures safe food to the consumers as well as fuels the market. Microbial testing and GMO testing are the major types of testing done in North America. The North American food safety market has the presence of various players such as Eurofins Scientific, Intertek, NSF International, etc.

Competitive Landscape

The global food safety testing market is a highly competitive market with the presence of various global and local players. Major market players, provide a wide range of analytical services for the testing of raw materials and finished products. Players also provide microbiological testing of food products residue and contaminant analysis, shelf-life testing, and other services. The global food safety testing market is dominated by players like Eurofins SGS Group, Bureau Veritas, Intertek, and TUV SUD. Companies are marking their presence in the region by pro-active participation in several events such as those associated with food safety, general health, and health awareness.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

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