Food Safety Testing Market May Set a New Growth Story | SGS Group, Bureau Veritas, TUV SUD, UL LLC
IMR posted new studies guide on Food Safety Testing Market Insights with self-defined Tables and charts in presentable format. In the Study you may locate new evolving Trends, Drivers, Restraints, Opportunities generated via targeting market related stakeholders. The boom of the Food Safety Testing marketplace became specifically driven with the aid of the growing R&D spending internationally.
Food Safety Testing Market Size Was Valued at USD 17.64 Billion in 2023, and is Projected to Reach USD 34.8 Billion by 2032, Growing at a CAGR of 7.84% From 2024-2032.
Some of the Top Leading Key Players:
- Eurofins Scientific SE (Luxembourg)
- SGS Group (Switzerland)
- Bureau Veritas (France)
- NSF International (United States)
- Intertek Group PLC (United Kingdom)
- Merieux Nutrisciences (France)
- TUV SUD (Germany)
- ALS Limited (Australia)
- Asurequality Limited (New Zealand)
- UL LLC (United States)
- Mérieux NutriSciences (France)
- Covance (United States)
- Silliker (United States)
- SGS Tecnomatic Argentina (Argentina)
- Eurofins Lancaster Laboratories (United States)
- TÜV Austria (Austria)
- Bureau Veritas Italia (Italy)
- QIMA (Switzerland)
- Intertek Testing Services (Malaysia)
- Bureau Veritas Japan (Japan)
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Food safety testing is essential to ensuring food products are free from contaminants, pathogens, and hazards that could harm consumers. This process involves rigorous analysis of microbiological, chemical, and physical parameters to maintain quality standards. The global food safety testing market has grown significantly due to rising awareness of foodborne illnesses and contamination risks. Stringent regulations and increasing demand for high-quality, safe food have driven the adoption of advanced testing methods, making food safety a top priority for manufacturers, regulatory bodies, and consumers worldwide.
Segmentation Analysis of the Food Safety Testing Market
By Type
- Pathogen
- Allergens
- Gmo
- Mycotoxins
By Technology
- Culture Media
- Immunoassay
- Polymerase Chain Reaction
By Application
- Bakery & Confectionary Products
- Meat & Meat Products
- Seafoods
- Dairy & Dairy Products
Food Safety Testing Market Trend Analysis
The rising prevalence of foodborne diseases is a key driver for the growth of the food safety testing market. As global population increases and food supply chains become more complex, the risk of contamination and pathogen transmission has surged, prompting the need for rigorous safety protocols. Consumers are increasingly aware of the potential health risks associated with contaminated food and are demanding reliable testing procedures. In response, governments and regulatory bodies are enforcing stricter food safety regulations, further propelling the adoption of advanced and comprehensive testing methodologies.
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Regional Analysis
Asia Pacific is Expected to Dominate the Market Over the Forecast period
Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
- Middle East & Africa (Türkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Key Industry Developments in the Food Safety Testing Market:
In January 2023, Eurofins, a leading food safety testing company, launched a new rapid pathogen detection platform called BactiQuant MQS+. This platform utilizes molecular sequencing technology to identify foodborne pathogens like Salmonella and Listeria in under 24 hours.
In May 2023, SGS, another major player in the industry, introduced its "Farm to Fork" traceability solution. This cloud-based platform provides end-to-end visibility of food supply chains, allowing stakeholders to track food products from farm to table and ensure transparency.
The Global Food Safety Testing Market Report Delivers A Comprehensive Analysis Of The Following:
- Market projections for the years 2024-2032
- Market growth factors, opportunities, and challenges
- Current and emerging market trends
- Market participant capacity, production, and revenue (value)
- Analysis of supply (production), consumption, export, and import
- Application/End-User Analysis
Strategic Points Covered in Table of Content of Global Food Safety Testing Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Food Safety Testing market
Chapter 2: Exclusive Summary - the basic information of the Food Safety Testing Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Food Safety Testing
Chapter 4: Presenting the Food Safety Testing Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2024-2032
Chapter 6: Evaluating the leading manufacturers of the Food Safety Testing market which consists of its Competitive Landscape, Competitive Positioning, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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