Food Safety Testing Market Forecasts to 2028 – Global Analysis By XX (XX, XX, XX), XX (XX, XX, XX), XX (XX, XX, XX), XX (XX, XX, XX), and By Geography

Food Safety Testing Market Forecasts to 2028 – Global Analysis By XX (XX, XX, XX), XX (XX, XX, XX), XX (XX, XX, XX), XX (XX, XX, XX), and By Geography

According to Stratistics MRC, the Global Food Safety Testing Market is accounted for $20.87 billion in 2022 and is expected to reach $33.48 billion by 2028 growing at a CAGR of 8.2% during the forecast period. Food testing is a procedure of food product verification in order to check safety and decrease risk of contamination which causes food borne illness. Food testing involves validation of food product contents as indicated on the labels. Food safety testing has been important factor for maintaining quality of food in terms of ingredients, taste and appearance. Food safety testing techniques such as microbial contamination and analysis on chemical contents says all aspects of safe food production, processing and delivering the product to the consumer. Food safety testing helps the companies in regulating allergenic components and pathogenic bacteria in food products that provides safe and healthy products to the consumers.

North America had the highest market share of the worldwide food safety testing systems and services market. The North American market share came to 35.7 percent. Combined, the European and U.K. markets amounted to over 30 percent of the worldwide market. In 2020, there were 78 private agencies testing and inspecting food, food additives, and food packages in South Korea. This was an increase over the previous year's number of private agencies. In 2020, about half of all the foreign food, etc. testing laboratories approved by the South Korean government were in China. According to the source, there were 60 such foreign laboratories in total.

Market Dynamics:

Driver:

Increase in global outbreaks of food borne illnesses

The major reason for occurrence of food borne illnesses is due to the consumption of food contaminated with a mycotoxin, pathogens, or the increase of yeast. The existence of pathogens such as Salmonella, Campylobacter, could compromise the microbiological safety of food, thus resulting in food borne illnesses. Besides, in the UK, around 1 million people suffer from food borne illness, and nearly 20,000 people receive medical treatment for food borne illnesses every year. Additionally, around 500 death cases were reported due to food poisoning each year. Thus, the market for food safety testing is progressively rising.

Restraint:

Complexity in testing techniques

Accessible technologies for food accuracy testing engage various difficulties in providing official test results. Most of the chemical tests are incapable to identify and quantify anonymous adulterations. Other viewing methods offered in the laboratories are reported to have shortcomings in identifying and anonymous adulterants. Thu,s lots of market players are investing into research & development in order to expand more proficient and effectual technologies.

Opportunity:

Growing health and wellness trend and intense M&A activities

Consumers have become health conscious and majority of them spend a significant portion of their disposable income on fitness and well-being. They have also become increasingly aware that along with exercise, a proper diet is necessary to achieve physical fitness. High protein food aids in maintaining good health. Thus, the trend of food fortification is rising, which, in turn, fuels the expansion of the food safety testing market. Last few years have seen heightened trend of M&A activities in the global food safety testing market. Top players in the market are increasingly planning expansion and penetration activities in new and emerging markets. Most of the mergers and acquisitions are highly concentrated in MEA and Asian countries. Eurofins Scientific SE, a prominent player in global testing, inspection, and certification industries carried out almost 60 acquisitions in the year 2017, and continued the same trend in 2018 with some notable acquisitions.

Threat:

High Costs of Food Testing Services and Equipment

The food & beverage industry is highly disjointed with the attendance of various large, medium, and small-scale manufacturers. While the cost of the few food testing services and instruments is basically high, some of the small-scale food manufacturers cannot meet the expense of these tests. Moreover, food fraud incidents are determined at this level due to poor implementation of rules and regulations. The poor governing of rules and regulations, and the shortage of funding by governments are likely to threaten the growth of the food testing market. However, there is a substantial demand for food with “free-from” label.

Covid-19 Impact

The COVID-19 pandemic is projected to include a significant impact on the food market. Food security, food safety, and food sustainability are renowned as strongly affected extent of food systems during the Covid-19. The use of e-commerce to order deliveries of groceries and restaurant meals has risen sharply. The pandemic has affected more than 100 countries. There is an increase in the concerns among consumers for processed food owing to the outbreak of COVID-19 across different countries leading to the increased demand for safe food. With increasing health safety concerns among COVID-19, there is an expected increase in the demand for food safety testing. Due to the impact of COVID-19, in some areas, food industry’s supply chain has been disrupted or has drastically changed with food business operators needing to adopt new business models, e.g. suppliers reorienting themselves to new markets. Food supply presents possible risks for infection, both environmentally or through contaminated foods or packaging.

The testing types segment is expected to be the largest during the forecast period

Based on the Testing Type, the market is classified into toxins, pesticides & fertilizers, lipids, fats & oil analysis, genetically modified organisms (GMO), allergen analysis, and microbiology. Among these segments, Pathogen Testing captures an important share in the market. Throughout the world, millions of cases of infectious gastrointestinal diseases are reported annually due to food borne pathogens, costing billions of dollars in medical care and lost productivity. Pathogen testing is done via conventional techniques or newer ones. Since pathogens are one of the majority ordinary reasons for food borne illnesses, the pathogen segment holds the highest CAGR in the food safety testing market. Pathogen testing is done to get rid of or reduce the occurrence of food borne illnesses. The elimination is considered so essential that the testing process is implemented in the very step of food production to ensure food safety and sanitation. A few most common pathogens that can cause food borne illnesses are E. coli, listeria, and salmonella.

The food type segment is expected to have the highest CAGR during the forecast period

Based on food type, meat & poultry segment is estimated to dominate the largest share of the food safety testing market. This is primarily attributed to the factors such as growing meat production and consumption, increasing demand for seafood products such as shrimp, marlin, crabs, lobsters, and tuna, among others; and increasing consumer awareness and food borne pathogen outbreaks through meat, poultry, and seafood. Meat products are most likely to get contaminated or defected considering the shelf life and nature of these products. Therefore, the testing for these products is mandatory in all countries. Meat products are most likely to get contaminated or defected considering the shelf life and nature of these products. Therefore, the testing for these products is mandatory in all countries. The market for this segment is expected to grow due to the rising consumption of meat, poultry, and seafood products across the world.

Region with highest share:

Asia-Pacific region is expected to witness a rapid growth during the forecast period. The rapid growth of this region is mainly attributed to the increased demand for processed food products in rising and developing countries, increasing number of poisoning outbreaks with consumption of spoiled meat; and rise in cases of food degradation. Strong growth in food and beverage industry supported by enhanced focused on food safety will drive the market expansion. In the next few years, Asia pacific region will be driven by rapid urbanization, economic development, and increasing consumer spending on foods, and influence of western trends on the regional food industry. Robust growth in meat production along with trends towards processed food owing to lifestyle changes will positively influence the industry development.

Region with highest CAGR:

North America accounted for a major CAGR of the global food safety testing market during the forecast period. Key aspects such as technical advancements with elevated penetration of rapid tests in this region will propel the business expansion. Rigid quality requirements for product imports joined with accurate testing of food products will supplement the North American market forecasts. Developing rules on genetically customized organisms will maintain industry statistics over the proposed timeline. Further, safety testing at various production stages has positively inclined business development.
Key players in the market

Some of the key players in Food Safety Testing Market are Microbac Laboratories, Mérieux Nutrisciences, Asurequality Ltd, ALS Limited, Eurofins Scientific, Bureau Veritas S.A., Laboratory Corporation of America Holdings, TUV Nord Group, TUV SUD AG, Intertek Group PLC, SGS SA, Bio-Rad Laboratories, Inc., Accugen Laboratories, Inc., ADPEN Laboratories Inc., Thermo Fisher Scientific Inc., Vanguard Sciences, Ecolab Inc., Covance Inc., Det Norske Veritas.

Key Developments:

In May 2020, Bureau Veritas, in collaboration with Leela Palaces (India), has launched the “Surakhsha” initiative to provide high standards of food safety and hygiene and leverage technological services for maintaining the hygiene standards.

In October 2020, Eurofins Scientific, in collaboration with Nestle Research (Lausanne, Switzerland), developed a new method for the identification of fructans in infant formulas and adult nutrition. The method had received official standard status from the leading organizations in standardization: AOAC, ISO, CEN, and IDF.

In January 2021, Bureau Veritas acquired Orion Assessment Services International Inc.'s. Bureau Veritas' market-leading food laboratory testing capabilities were boosted in Canada, as a result of the acquisition, as was the geographic expansion of its food certification business.

In January 2021, SGS Acquired Analytical & Development Services, an accredited food testing laboratory active in the UK market, offering pesticides, nutrition, microbiology, food molecular biology, and allergen testing services. SGS was able to strengthen its market position in the UK and add new advanced services to its UK food testing and advisory business, including pesticide expertise, as a result of the acquisition.

In February 2021, SGS SA’s partnership with RLP AgroScience will benefit the company development of ore complex, tailor-made experimental designs, for safety assessments of pesticides, chemicals, biocides, and human/veterinary drugs.

Testing Technologies Covered:
• Chromatography
• Enzyme Linked Immunosorbent Assay
• Immunoassay
• Irradiation
• Mass Spectrometry
• Microarrays
• Nuclear Magnetic Resonance (NMR)
• Polymerase chain reaction (PCR)
• Other Testing Technologies

Testing Types Covered:
• Toxins
• Pesticides & Fertilizers
• Lipids, Fats & Oil analysis
• Genetically Modified Organisms (GMO)
• Allergen Analysis
• Microbiology

Food Type Covered:
• Processed Food
• Meat & Poultry
• Fruits & Vegetables
• Dairy Products
• Grains
• Sea foods
• Beverages
• Other Food Types

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements