The Food Pathogen Testing Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Food Pathogen Testing Global Market Report 2024, The food pathogen testing market size has grown strongly in recent years. It will grow from $10.25 billion in 2023 to $11.23 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to food safety regulations, outbreaks and contamination incidents, globalization of food trade, consumer awareness and demand, industry standards and best practices..
The food pathogen testing market size is expected to see rapid growth in the next few years. It will grow to $16.67 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to covid-19 impact, quality assurance and consumer trust, emerging pathogens and disease outbreaks, industry collaboration and standardization, focus on public health initiatives.. Major trends in the forecast period include continual r&d and innovation, remote and mobile testing solutions, consumer demand for transparency, rapid testing solutions, microbial identification systems, automation and robotics..
The growing incidence of food poisoning is expected to propel the growth of the food pathogen testing market. Food poisoning refers to sickness caused by eating contaminated and unhealthy food. Food pathogen testing help identify pathogenic organisms in manufacturing environments, ingredients, or finished products and reduce the incidences of food poisoning, as a result, the growing incidence of food poisoning increases the demand for the food pathogen testing market. For instance, according to the Food and Drug Administration, a US-based federal agency of the Department of Health and Human Services, as of February 2022, every year there are around 48 million incidents of foodborne illness, which translates to 1 in 6 Americans getting sick. Additionally, these infections cause an estimated 3000 fatalities and 12.8k hospital admissions annually. Therefore, the growing incidence of food poisoning drives the food pathogen testing market.
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The food pathogen testing market covered in this report is segmented –
1) Food Pathogen Testing Market By Type: E.Coli, Salmonella, Listeria, Other Pathogens
2) Food Pathogen Testing Market By Technology: Traditional, Rapid, Immunoassay, Convenience Based, PCR, Other Technologies
3) Food Pathogen Testing Market By Application: Meat And Poultry, Fruits And Vegetables, Dairy, Other Applications
4) Food Pathogen Testing Market By Sales Channel: OEM, Aftermarket
Top Major Players
Lloyd’s Register Quality Assurance Limited
Technological advancements have emerged as the key trend gaining popularity in the food pathogen testing market. Major companies operating in the food pathogen testing market are developing innovative technologies to strengthen their position in the market. For instance, In July 2023, Spectacular Labs, a US-based laboratory, launched the future of food safety testing, which includes a fast, accurate, and automated pathogen testing platform. The platform is designed to provide food and beverage companies with the ability to detect pathogens on-site easily while testing laboratories can scale operations cost-effectively. The company’s innovative solution combines speed, accuracy, and affordability to offer top-tier food safety testing services.
The food pathogen testing market report table of contents includes:
1. Executive Summary
2. Food Pathogen Testing Market Characteristics
3. Food Pathogen Testing Market Trends And Strategies
4. Food Pathogen Testing Market – Macro Economic Scenario
5. Global Food Pathogen Testing Market Size and Growth
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31. Global Food Pathogen Testing Market Competitive Benchmarking
32. Global Food Pathogen Testing Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Food Pathogen Testing Market
34. Food Pathogen Testing Market Future Outlook and Potential Analysis
35. Appendix
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