Food Diagnostics Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2031


Posted March 12, 2024 by mansi3210

Food diagnostics market is anticipated to grow at a CAGR of 13.2% during the forecast period.

 
Food diagnostics market is anticipated to grow at a CAGR of 13.2% during the forecast period. The consumption of contaminated foods or beverages causes foodborne illness. Many different disease-causing microbes or pathogens can contaminate foods. Most foodborne diseases are infections caused by a variety of bacteria, viruses, and parasites. The increasing cases of food borne illness is rising demand for the food testing and quality check which in turn is driving the growth of the food diagnostics market during the forecast period. For instance, according to the the World Health Organization, each year globally, unsafe food causes 600 million cases of foodborne diseases and 4,20,000 deaths. 30% of foodborne deaths occur among children under 5 years of age. Furthermore, WHO estimated that 33 million years of healthy lives are lost due to eating unsafe food globally each year, and this number is likely an underestimation.


The global food diagnostics market is segmented based on the type, testing type, and application. Based on the type, the market is sub-segmented into the systems, kits, and consumables. Based on the testing type, the market is bifurcated into safety and quality. Based on the application, the market is augmented into the processed food, meat & poultry, dairy products, cereals, grains, & pulses, seeds & spices, nuts, and others.

Among the type, the system segment is expected to hold a significant market share in the food diagnostics market during the forecast period. The benefits such as easy-to-use, convenient, and rapid diagnostics systems, such as immunoassay, PCR systems, PCR-based testing kits, and biosensors are creating demand for food diagnostics systems. The market players are introducing new systems to expand access to testing which will further contribute to the market growth. For instance, in September 2021, 3M Food Safety announced two new innovative solutions for food safety professionals: The 3M Petrifilm Plate Reader Advanced and the 3M Environmental Scrub Sampler with 10 mL wide spectrum neutralizer. It will help to improve lab productivity by giving food safety professionals new options to rapidly and accurately image, count, and document microbiological colonies. Additionally, these new launches are the latest in 3M’s recent string of innovations, which help optimize and modernize every step of the food safety testing process.

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Food Diagnostics Market Segmentation

By Type

· Systems

· Kits

· Consumables

By Testing Type

· Safety

· Quality

By Application

· Processed Food

· Meat & Poultry

· Dairy Products

· Cereals, grains, and Pulses

· Seeds & Spices

· Nuts

· Others

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Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Company Profiles

· 3M

· Agilent Technologies Inc.

· ALS Ltd.

· Beckman Coulter, Inc.

· bioMerieux SA

· Bio-Rad Laboratories, Inc.

· Biorex Food Diagnostics

· Clear Labs, Inc.

· Danaher Corp.

· Eurofins Scientific SE

· Foss India Pvt. Ltd.

· Intertek Group Plc

· Invisible Sentinel

· Life Technologies Corp.

· Neogen Corp.

· Noack Group

· Merck KGaA

· Omega Diagnostics Group Plc

· PerkinElmer Inc.

· Randox Laboratories

· Ring Biotechnology Co., Ltd.

· Roka Bio Science

· Shimadzu Corp.

· SGS S.A.

· Thermo Fisher Scientific Inc.

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Last Updated March 12, 2024