The market perceives currently Market Research Future (MRFR) in its recently published
study report asserts that the Global Food Safety Testing Market is booming and expected to
grow at a CAGR of 7.2% between 2015 and 2025, accruing voluminously by 2025.
Factors substantiating the market growth include the stringent food safety regulations, the
increasing number of food poisoning outbreaks, and spreading consumer awareness towards
food safety and its implications. Simultaneously, the trend of globalization in food supply
trade is expected to create huge traction in the food safety testing market further.
Inadequate cooking, poor handling, and improper storage systems lead to contamination.
Besides, the factors such as the requirement of implementation of quality measures in the
bakery products, dried processed products, ready to eat meals, infant diet, and preserved &
canned food products owing to its easy contaminant retention nature drives the market
growth to an extent.
Furthermore, augmented import and export activities provide impetus to the market
growth, resulting in the food supply trade globalization that increases contaminant level due
to the inadequate control and monitoring. Also, the increasing adulteration level to improve
product shelf life along with some significant entities such as Good Agricultural Practices
(GAP), Good Manufacturing Practices (GMP), Good Hygiene Practices (GHP), and Hazard
Analysis Critical Control Point (HACCP) support the market growth.
However, lack of awareness of manufacturers on the food regulations due to which they
overlook to perform food safety testing is likely to impede the market growth.
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Key Players:
The market leaders profiled in the MRFR analysis include Bureau Veritas, SGS SA, Intertek
Group Plc., and Cotecna Inspection SA.
Global Food Safety Testing Market – Segments:
The MRFR analysis is segmented into four key dynamics for the convenience of
understanding;
By Contaminants Detection: Comprises Pathogens, GMOs, Pesticides, and Toxins, among
others.
By Testing Technology: Natural (plants & animals) and Synthetic among others.
By Food Type: Meat and Poultry Products, Dairy Products, Fruit & Vegetables, and Processed
Foods, among others.
By Region: North America, Europe, APAC and the Rest-of-the-World.
The subsegment - Pathogens, By Contaminants Detections accounts for a significant market
share followed by GMOs which hold a considerable market share.
Global Food Safety Testing Market – Regional Analysis:
Globally, the North American region accounts for the largest market for food safety testing.
Owing to some of the burgeoning sectors such as food and beverage, healthcare,
hospitality, pharmaceuticals, and personal care in the region, the market is expected to at
more than a 7% CAGR during the forecast period. Further, the demanding research and
development initiatives are expected to create a substantial revenue pocket. Factors
substantiating the market growth include high healthcare expenditures and substantial
investments in the R&D activities in the field of healthcare.
Europe accounts for the second-largest market for food safety testing which is expected to
grow at a considerable CAGR. Favorable governmental support and initiatives drive the
growth in the market extensively. The proliferating healthcare sector in the region, backed
by the resurging economy is fostering the market growth brilliantly allowing the region to
acquire 34% of the market share.
Whereas, the Asia Pacific food safety testing market is proliferating rapidly, emerging as one
of the lucrative markets, globally. Countries in the Asian region especially, provide immense
growth opportunities for the food safety testing market, accounting over half of the world’s
total population. The region is estimated to register over 9.5% CAGR during the review
period.