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Global Food Safety Testing Market to Reach US$ 27.5 Billion by 2026, Impelled by Rising Instances of Food Adulteration and Contamination

Published on Nov 25, 2021

IMARC Group’s latest report, titled “Food Safety Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” finds that the global food safety testing market size reached US$ 17.7 Billion in 2020. Food safety testing refers to the analysis of various edible products to determine the presence of disease-causing microorganisms, chemicals and other potentially hazardous compounds. It plays a crucial part in maintaining the overall health and well-being of consumers by ensuring food quality. Some commonly used food safety testing methods include microbiological, chemical and nutritional, allergen, residues and contamination, and genetically modified organism (GMO) testing. These tests aid in ensuring proper food hygiene while controlling and preventing foodborne diseases. Due to this, governments of various countries are implementing stringent food safety regulations, making it mandatory for food products to undergo vigorous testing procedures before being sold in the market.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.   

Global Food Safety Testing Market Trends:

The rising instances of food adulteration and contamination that increase the risks of foodborne diseases represent the primary factor driving the global market. Additionally, the growing awareness regarding food hygiene and safety is another major factor augmenting the demand for food safety testing to maintain the quality of products and prevent potential health hazards to consumers. Besides this, the increasing consumption of packaged and processed foods due to rapid urbanization, hectic lifestyles and elevating incomes, coupled with the rising popularity of quick-service restaurants, is catalyzing the market growth. Moreover, technological advancements in testing procedures and stringent food safety regulations are encouraging food processors to adopt immunoassays (IAs) in food safety testing. Furthermore, several leading players are developing polymerase chain reaction (PCR) kits, immune sera, and standard and chromogenic media to detect pathogens in real-time with more speed and accuracy. This, in confluence with the introduction of innovative food testing methods, is creating a favorable market outlook. On account of these factors, the market is anticipated to reach US$ 27.5 Billion by 2026, expanding at a CAGR of 7.6% during 2021-2026. 

Market Summary:

  • Based on the type, the market has been classified into pathogens, genetically modified organisms, chemicals and toxins, and others. 
  • The market has been divided based on the food tested into meat and meat products, dairy and dairy products, cereals, grains and pulses, processed food, and others. 
  • Based on technology, the market has been segregated into agar culturing, PCR-based assay, immunoassay-based, and others. 
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico and others), and Middle East and Africa. 
  • The competitive landscape of the market has also been analyzed, with some of the key players being ADPEN Laboratories Inc., ALS Limited, AsureQuality Limited, Bio-Rad Laboratories Inc., Bureau Veritas, DNV AS (Stiftelsen Det Norske Veritas), Eurofins Scientific, Intertek Group plc, Mérieux NutriSciences, NEOGEN Corporation, NSF International, SGS SA and TÜV SÜD.

 

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