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Food Safety Testing Market Size

  • Report ID: GMI824
  • Published Date: Apr 2023
  • Report Format: PDF

Food Safety Testing Market Size

Food Safety Testing Market size crossed USD 21.6 billion in 2023 and is anticipated to grow at 8.1% CAGR from 2024 to 2032, owing to the burgeoning food consumption worldwide.The rising demand for safe food supplies in India, Indonesia, Thailand, Brazil, Mexico, etc., to accomplish food & nutrition security. Increasing population suffering from foodborne illnesses, mainly due to food contamination from various sources will drive the market growth.

 

With rapid urbanization, surging consumer income, and mounting purchasing power, the value of convenience and cleanliness has increased, resulting in an upsurge in the global consumption of processed foods. Moreover, changing demographics, along with a gradual shift in dietary habits, are expected to support the industry's growth. Furthermore, rising concerns about product quality and recalls have compelled businesses to employ food safety testing methods. The increasing consumer awareness about food safety is forecast to significantly impact business expansion. Shifting demographics and the global food trade are the key factors responsible for the prevention and control of contamination to ensure food safety.
 

Meat, poultry, & seafood testing dominates the global food safety testing market. Strong growth in meat products demand owing to rise in consumer spending on food & beverages along with increasing heath consciousness is fueling the market through meat, poultry, & seafood applications. The bacterial contamination takes place at all the stages of slaughtering. Defeathering or skinning is stage of maximum contamination due to handling of animals and improper hygiene conditions.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global food safety testing industry was valued at more than USD 21.6 billion in 2023 and is anticipated to expand at a 8.1% CAGR over the projected timeline, attributable to burgeoning food consumption worldwide.

Rapid technology segment is likely to develop at more than 7% CAGR through 2032 owing to the escalating need for rapid technologies to detect contamination in food items and to allow interferences and corrective actions to be conducted in advance.

Asia Pacific food safety testing market is projected to depict over 7.5% CAGR through 2032 owing to the growth of the trade sector across APAC countries, which is impelling the need for food safety.

The major manufacturers operating in the food safety testing industry are Eurofins Central Analytical Laboratories, Inc, Intertek Group PLC, Adpen Laboratories, ALS Limited, Avomeen, AsureQuality Limited, Bureau Veritas SA, Bio-Rad Laboratories, Institut Für Produktqualität (IFP)GmbH, NSF International, Exova, and SGS AG, Det Norske Veritas AS (DNV), and others.

Food Safety Testing Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 24
  • Tables & Figures: 278
  • Countries covered: 20
  • Pages: 330
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