Food Safety Testing Market Revenue, Demand, Sales, Top Companies Competitive Landscape Analysis Research Report 2027


Posted October 14, 2021 by leonfrancis

Food safety testing market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.9% in the forecast period

 
Food safety testing market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.9% in the forecast period of 2020 to 2027 and is expected to reach USD 4,124,140.72 thousand by 2027. Increasing number of foodborne illnesses are leading the growth of the market. Food safety is a major concern for food manufacturing and retail & hospitality industry. The food quality & hygiene have impact on the productivity. In recent years the intentional and unintentional adulteration both has become high-tech and all the testing laboratories can help to detect these food adulterants.

The most important function of the food testing laboratories is to test foods to check various factors such as adulterants, pathogens and pesticide residues, chemical contaminants such as, microbial contaminants, heavy metals, non-permitted additives colors and antibiotics among other factors in the food. Without food testing the food producers as well as the food manufacturers of the food products, cannot ensure that pesticides, antibiotics, heavy metals and naturally occurring toxins among other possibilities of contamination in the food that are removed completely. The factors driving the growth of the market are the increasing number of foodborne illness and the government initiatives on food safety. The factor restraining the growth of the market is lack of research and development infrastructure in the developing countries.

Global Food Safety Testing Market By Testing Type (Allergen Testing, Pathogens Testing, GMO Testing, Mycotoxins Testing, Nutritional Labelling, Heavy Metals Testing, Pesticides Testing, Organic Contaminants Testing, Others), Technology (Culture Media, Polymerase Chain Reaction, Immunoassay, Chromatography, Biochip/Biosensor, Microarrays, Flow Cytometry, Others), Food Categories (Meat & Meat Products, Egg & Poultry Products, Fish and Seafood, Bakery Products, Cereals, Grains & Pulses, Tea & Coffee, Herbs & Spices, Beverages, Fruits & Vegetables, Milk & Dairy Products, Honey, Nuts and Dried Fruits, Convenience Foods, Baby Food, Tobacco, Others), Country (U.S., Canada, Mexico, Germany, France, Spain, Turkey, U.K., Netherlands, Russia, Switzerland, Poland, Belgium, Sweden, Denmark, Italy, Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, New Zealand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Oman, Qatar, Kuwait, Rest of Middle East and Africa) Industry Trends and Forecast to 2027. This food safety testing market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Food Safety Testing Market Scope and Market Size:
Food safety testing market is segmented into three notable segments which are based on the basis of testing type, technology and food categories. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of testing type, the food safety testing market is segmented into allergen testing, pathogens testing, GMO testing, mycotoxins testing, nutritional labeling, heavy metals testing, pesticides testing, organic contaminants testing and others. In 2020, allergenic testing has the largest market share owing to the factors that the most of the food products have the chances that they contain allergenic factors into it in order to find out those allergens, the allergen testing is widely used.
On the basis of technology, the food safety testing market is segmented into culture media, polymerase chain reaction, immunoassay, chromatography, biochip/biosensor, microarrays, flow cytometry, and others. In 2020, culture media segment dominated the market owing to factors such as it is a traditional method and it gives accurate results.
On the basis of food categories, the food safety testing market is segmented into meat & meat products, egg & poultry products, fish and seafood, bakery products, cereals, grains & pulses, tea & coffee, herbs & spices, beverages, fruits & vegetables, milk & dairy products, honey, nuts and dried fruits, convenience foods, baby food, tobacco and others. In 2020, fish and seafood segment holds the largest market share owing to factors such as the demand for the products is very high among people many companies are highly engaged in providing services related to animal foods such seafoods, meat and others in which seafoods safety services requirement is high.

Market Competitors:
The major players covered in the report are SGS SA, Bureau Veritas, Eurofins Scientific, TÜV SÜD, ALS Limited, Intertek Group plc, TÜV NORD GROUP, Symbio Laboratories, QIMA, Pacific Lab, Ugene Laboratory Services Pte Ltd., Kedah Bioresources Corporation Sdn. Bhd., Mérieux Nutrisciences, FOOD SAFETY NET SERVICES, NEOGEN CORPORATION, Adpen Laboratories, Inc., Cotecna Inspection SA, Spectro Analytical Labs Limited, Nsf International, R J Hill Laboratories Limited, ifp Privates Institut für Produktqualität GmbH, and Bio Synergy Laboratories among other players domestic and global. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product launch, approval, partnership and agreement are also initiated by the companies’ worldwide which are also accelerating the food safety testing market.
In April 2019, Eurofins Scientific has acquired Lab Frontier Co., Ltd. which provides a broad suite of food, environment and cosmetics testing services in South Korea. This will help company as a valuable entry into the analytical testing market in South Korea.
Collaboration, joint ventures and other strategies by the market player is enhancing the company market in the food safety testing market which also provides the benefit for organization to improve their offering for food safety testing.

Key Pointers Covered in the Food Safety Testing Market:
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market by Brands
Market Procedure Volumes
Market Product Price Analysis
Market Healthcare Outcomes
Market Cost of Care Analysis
Market Regulatory Framework and Changes
Prices and Reimbursement Analysis
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study

MAJOR TOC OF THE REPORT:
Chapter One: Food Safety Testing Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Food Safety Testing Market Competition, by Players
Chapter Four: Food Safety Testing Market Size by Regions
Chapter Five: Food Safety Testing Market Revenue by Countries
Chapter Six: Food Safety Testing Market Revenue by Type
Chapter Seven: Food Safety Testing Market Revenue by Application
Chapter Eight: Food Safety Testing Market Revenue by Industries
Chapter Nine: Food Safety Testing Market Revenue by Deployment Model
Chapter Ten: Food Safety Testing Market Revenue by End User

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Last Updated October 14, 2021