Global food safety testing market is anticipated to grow at an impressive rate during the forecast period owing to increasing awareness among customers regarding food safety. Additionally, increasing prevalence of food-borne diseases is further expected to increase the demand for food safety testing, thereby driving the market growth. 30% of foodborne deaths occur among children under 5 years of age. WHO estimated that every year around 33 million lives are lost due to eating unsafe food globally. Further, the rising prevalence of various diseases which might occur due to food contamination is also acting as growth driver for this market. More than 200 diseases are caused due to the consumption of food contaminated with bacteria, parasites, viruses, or chemical substances like heavy metals. The growing demand for packaged and processed food is also supporting the growth of food safety testing market. Moreover, increasing requirement for quality tests of processed and unprocessed meats is expected to fuel the global food safety testing market through 2028.
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Since the COVID-19 outbreak, consciousness among the consumers related to food safety has significantly increased especially in regards to the food that is ordered online or consumed in restaurants. With the use of information technology (IT) to track client information and smartphone apps for food order and delivery using a drone and robotic technologies, a new business potential in the food sector has arisen as a result of the lockdown. The crisis offers a chance to change the food system in ways that are less susceptible to disruption. More than ever, consumers are concerned about food safety and the technology that upholds it.
Stringent regulations related to food safety in various regions is further contributing to the increasing demand of food safety testing. Increasing import and export of food items has led to increased contaminant levels due to improper monitoring. This is further creating a need for food safety testing. Additionally, growth in food & beverage industry is poised to support the growth of food safety testing market in the coming years.
Increasing Prevalence of Food-Borne Diseases
Around the world, food-borne diseases are severe public health hazard. Pathogenic bacteria can contaminate food through contact with animal dung, lax processing controls, cross-contamination, and inappropriate cooking or storage practices. Production holdups, plant closures, food spoilage, brand protection, and product recalls are costly to a company’s reputation. Therefore, to guarantee that the consumer only obtains the safest food, efficient, simple to use testing methods are required. According to the WHO, contaminated food contributes to 4,20,000 deaths and 600 million cases of foodborne illnesses worldwide each year. Increase in food-borne illnesses is boosting Global Food Safety Testing market expansion in the coming years.
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Increasing Consumer’s Awareness Regarding Food Contamination
The COVID-19 pandemic has increased people’s concern about their health. People today spend their money efficiently on foods that give them nutrition and are beneficial to their health. Customers have a right to anticipate that the food they buy and eat will be healthy and of excellent quality. Social media sites had an impact on customer perceptions of consumer rights and has increased awareness among the population regarding food safety. People around the globe are more aware about the quality, packaging, shelf-life, ingredients, date of manufacturing & expiry, etc used in different food items. This has significantly increased the demand for food safety testing worldwide.
Market Segmentation
Global food safety testing market can be segmented based on technology, food tested, target tested and region. Based on technology, the market is segmented into traditional and rapid technologies. Based on food tested, the market is divided into Meat & Poultry, Dairy Products, Fruits & Vegetables, Processed Food and Others. Based on target tested, the market is further divided into Pathogens, GMO, Toxins, Pesticides and Others.
Market Players
Major companies operating in the global food safety testing market include SGS S.A., Romer Labs Division Holding GmbH, Intertek Group plc, Bureau Veritas SA, NSF International, Eurofins Scientific SE, Microbac Laboratories, Inc., Covance Inc., Merieux NutriSciences and Nova Biologicals, Inc., among others. The key trend being observed in the market is merger & acquisitions to expand the global market share. The recent outbreak of COVID-19 has also led to the surge in demand for food safety testing services.
Report Scope:
In this report, global food safety testing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Food Safety Testing Market, By Technology:
- Traditional
- Rapid
- Food Safety Testing Market, By Food Tested:
- Meat & Poultry
- Dairy Products
- Fruits & Vegetables
- Processed Food
- Others
- Food Safety Testing Market, By Target Tested:
- Pathogens
- GMO
- Toxins
- Pesticides
- Others
- Food Safety Testing Market, By Region:
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global food safety testing market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
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