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Food Safety Testing Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030

Food Safety Testing Market Size, Share & Trends Analysis -...

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Food Safety Testing Market Size, Share & Trends Analysis - Global Opportunity Analysis And Industry Forecast 2030
Food Safety Testing Market Size,...
Report Code
RO13/107/2070

Publish Date
28/Jun/2022

Pages
210
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The global food safety testing market size was US$ 17.1 million in 2021. The global food safety testing market is forecast to grow to US$ 31.1 million by 2030 by registering a compound annual growth rate (CAGR) of 7.9% during the forecast period from 2022 to 2030. 
Food safety testing is a type of physical food testing that uses the scientific investigation of the food's varied physical qualities or nutrient content. Microbial development causes a variety of foodborne illnesses and disorders; therefore, food safety testing has become necessary. Food testing serves as a quality indicator by revealing data related to the food's structure, texture, color, ingredients, etc.

Factors Influencing the Market
Government initiatives aimed at ensuring consumer safety will fuel the growth of the food safety testing market during the forecast period. 
Rising consumer knowledge related to the harmful effects of contaminated food and rising incidents of food-borne diseases will escalate the demand for food safety testing during the study period. Moreover, the fact that safety certification ensures the high quality of food will benefit the food safety testing market during the study period. 
Rising demand for product information, mainly related to ingredients, nutritional content, etc., will also drive the demand for food safety testing during the forecast period. In addition, growing cases of allergies to a specific ingredient or product will also contribute to the growth of the food safety testing market. On the flip side, additional costs added to the product due to food safety testing may limit the growth of the market during the forecast period.

COVID-19 Impact Analysis
Many services were affected due to the expansion of the virus, which resulted in rise in the public health awareness. Because of the fear of disease spread, the adoption of a healthy lifestyle increased among the general public. The food safety testing market witnessed significant growth due to the rise in consumer awareness related to the health hazards of unsafe food. Moreover, governments also took several steps and introduced various food standards for food manufacture, storage, and processing. As a result, the demand for food safety testing increased during the pandemic period.

Regional Analysis
North America is forecast to dominate the food safety testing market due to mounting urbanization and the busy schedules of the people, which is increasing the consumption of processed food. Furthermore, stringent regulations imposed by the governments in the region to ensure food safety will also drive the demand for food safety testing in the coming years, thereby prompting the market growth.

Competitors in the Market
• Bureau Veritas S.A.
• Genetic ID NA, Inc
• Covance, Inc
• Bio-Rad Laboratories
• Neogen Corporation
• Intertek Group PLC
• ALS Limited
• FoodChain ID
• Mérieux (US)
• Other Prominent Players

Market Segmentation
The global food safety testing market segmentation focuses on Contaminants, Food Type, Testing Method, and Region. 
By Contaminants
• Pesticides
• Genetically Modified Organisms
• Toxins
• Allergens
• Pathogens
By Food Type 
• Processed Foods
• Dairy Products
• Fruits and Vegetables
• Meat and Poultry
• Others (food grains, beverages)
By Testing Method
• Microbiology Testing
• Analytical Chemistry Testing
• Sensory Testing
• Nutrition Analysis 
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America
 

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