Global Food Safety Testing Market Report: 2024-2030
According to MarkNtel Advisors recent report “Global Food Safety Testing Market”. The report takes a numbers-based approach, breaking down precise data in a straightforward way. It consists of information on all the periods – past, present, and future. The report covers important topics like customer behavior, industry size, share, ongoing trends, market segments, and leading companies, and other valuable aspects related to the industry.
Key Highlights of the Report
- Market Performance (2019-2030)
- Market Outlook (2024-2030)
- Market Drivers and Challenges
- Competitive Benchmarking
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Food Safety Testing Market Overview
The Global Food Safety Testing Market size was valued at around USD 19.5 billion in 2023 is expected to grow at a CAGR of around 7.90% during the forecast period, i.e., 2024-30. The growth of the market is projected to be driven mainly by rising consumer concerns over food safety, the mounting incidence of foodborne diseases, significant improvements in inspection technologies, and the growing contamination of various food products.
Food Safety Testing Industry Driver
Rapidly Rising Cases of Food-borne Illnesses Worldwide.
- The world is witnessing a swiftly increasing number of individuals being diagnosed with food-borne illnesses, i.e., the primary aspect projected to drive the Global market during 2024-30. The major reason behind the rising incidence of these illnesses is the consumption of spoiled, contaminated, or expired food items with various microorganisms like fungi, bacteria, viruses, parasites, among others. Consequently, there's a burgeoning demand for advanced food testing kits, equipment, and systems, which are accurate can provide quick results in real-time, i.e., projected to stimulate the growth of the food safety testing industry in the years to come.
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Food Safety Testing Market Segmentation
By Testing Type
- Allergen Testing- Market Size Forecast 2019-2030, USD Million
- Residues and Contamination Testing- Market Size Forecast 2019-2030, USD Million
- GMO Testing- Market Size Forecast 2019-2030, USD Million
- Mycotoxin (Fungi) and Microbiological Testing- Market Size Forecast 2019-2030, USD Million
- Pathogen Testing- Market Size Forecast 2019-2030, USD Million
- Toxic Heavy Metals Testing- Market Size Forecast 2019-2030, USD Million
- Others (Chemical or Nutritional Testing) - Market Size Forecast 2019-2030, USD Million
By Technology
- Traditional Technology- Market Size Forecast 2019-2030, USD Million
- Rapid Technology - Market Size Forecast 2019-2030, USD Million
- Molecular Detection System (MDS) - Market Size Forecast 2019-2030, USD Million
- Rapid pathogen testing technology- Market Size Forecast 2019-2030, USD Million
- Rapid Antibody-based Technology- Market Size Forecast 2019-2030, USD Million
By Application
- Food- Market Size Forecast 2019-2030, USD Million
- Dairy Products- Market Size Forecast 2019-2030, USD Million
- Fruits Vegetables- Market Size Forecast 2019-2030, USD Million
- Seafood, Meat, and Poultry- Market Size Forecast 2019-2030, USD Million
- Processed Food- Market Size Forecast 2019-2030, USD Million
- Cereals Grains- Market Size Forecast 2019-2030, USD Million
- Others (Nuts and seeds) - Market Size Forecast 2019-2030, USD Million
- Beverages- Market Size Forecast 2019-2030, USD Million
- Water- Market Size Forecast 2019-2030, USD Million
- Alcoholic Drinks- Market Size Forecast 2019-2030, USD Million
- Milk Adulteration- Market Size Forecast 2019-2030, USD Million
Geographical Insights:
- North America
- Europe
- Asia Pacific
- Middle East/Africa
- South America
Competitive Landscape
The competitive landscape of the market has been studied in the report with detailed profiles of key players operating in the Food Safety Testing market.
Key Players
- The 3M Company
- Agilent Technologies
- ALS
- Bio-merieux SA
- Bio-Rad Laboratories
- Bureau Veritas
- Eurofins Scientific
- Genetic ID NA Inc
- Intertek Group
- Merck Group
- Merieux NutriSciences
- Neogen Corporation
- Qiagen Corporation
- SGS S.A.
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Why This Report:
- Strategic Insights: These reports aid strategic decision-making for multinational corporations, financial institutions, and governments by providing crucial market insights.
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- Expertise in Niche Industries: The specialized team's expertise in niche industries and emerging geographies allows for detailed and accurate market analysis, vital for informed decision-making.
- Integrated Strategic Parameters: Covering strategic parameters such as Go-to-Market strategies, product development, and trend analysis empowers clients to develop tailored and informed strategies.
- Identifying Growth Opportunities: The reports enable clients to identify investment opportunities, emerging market trends, and white spaces, aiding in maximizing returns and gaining a competitive edge.
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