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Food Safety Testing Market Analysis

  • Report ID: GMI824
  • Published Date: Apr 2023
  • Report Format: PDF

Food Safety Testing Market Analysis  

The food safety testing market from pathogens segment will reach USD 1 billion by 2032, due to the increasing prevalence of foodborne diseases through multiple sources, such as wrong handling, undercooking, and unhygienic food storage conditions. The rising need for proper food preparation and handling procedures to reduce the possibility of contamination is set to promote segment growth.
 

Food Safety Testing Market Revenue Share, By Technology, (2023)

The rapid technology segment is set to observe around 7% CAGR through 2032. Rapid technologies, such as PCR, immunoassay, and convenience-based techniques, produce results in less than 48 hours, which lowers the likelihood of contamination in products scheduled for testing. The growing need for pathogen detection through rapid testing methodologies will allow interferences and corrective actions to be performed in advance.
 

Asia Pacific Food Safety Testing Market Size, 2020- 2032 (USD Billion)

The food safety testing market share from the processed food segment is estimated to exceed USD 9.5 billion by 2032. Food safety is a critical concern for producers since contaminants can appear at any stage of production or supply. However, food contamination is more likely to occur when food supervisors and customers are unaware of the need to follow basic sanitary procedures while manufacturing, selling, and purchasing food, which is increasing the need for food safety testing solutions in the expanding processed food industry.
 

Asia Pacific food safety testing market will exhibit a CAGR of 7.5% between 2023 and 2032. Food product testing before import and export is a major concern worldwide in order to meet quality standards. The APAC region is estimated to expand substantially throughout the review period owing to the growth of trade across APAC countries, which has augmented the need for food safety and high shelf-life foods that can last over extended periods of time and long distances. 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global food safety testing industry was valued at more than USD 21.6 billion in 2023 and is anticipated to expand at a 8.1% CAGR over the projected timeline, attributable to burgeoning food consumption worldwide.

Rapid technology segment is likely to develop at more than 7% CAGR through 2032 owing to the escalating need for rapid technologies to detect contamination in food items and to allow interferences and corrective actions to be conducted in advance.

Asia Pacific food safety testing market is projected to depict over 7.5% CAGR through 2032 owing to the growth of the trade sector across APAC countries, which is impelling the need for food safety.

The major manufacturers operating in the food safety testing industry are Eurofins Central Analytical Laboratories, Inc, Intertek Group PLC, Adpen Laboratories, ALS Limited, Avomeen, AsureQuality Limited, Bureau Veritas SA, Bio-Rad Laboratories, Institut Für Produktqualität (IFP)GmbH, NSF International, Exova, and SGS AG, Det Norske Veritas AS (DNV), and others.

Food Safety Testing Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 24
  • Tables & Figures: 278
  • Countries covered: 20
  • Pages: 330
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