Global Food Safety Testing Market, By Target Test (Allergen Testing, Chemical & Nutritional Testing, Genetically Modified Organism (GMO) Testing, Microbiological Testing, Residues & Contamination Testing, Others), By Test Technology (Traditional, Rapid), By Application (Bakery & Confectionery, Dairy Products, Processed & Packaged Food, Infant Food, Alcoholic & Non-alcoholic Beverages, Functional Food, Meat & Poultry Products, Seafood), and opportunities and forecast 2020-2027
Food Safety Testing Market Overview
Food safety testing refers to the examination of food products for disease-causing organisms, chemicals, and other hazardous materials. It is generally targeted at three primary food contaminants namely, pathogens, chemicals, and genetically modified organisms (GMOs).
Presently, food safety, hygiene, and other parameters associated with food quality have gained significant attention and this trend is expected to continue in the coming period. This is because of growing consumer awareness relating to food safety, quality, and recently, the outbreak of the COVID-19 pandemic. Hence, with stringent policies and regulations related to food safety, the global Food Safety Testing market is projected to rise at a significant rate in the forecast period. Moreover, food safety testing market players are progressively working on minimizing certification costs, increasing risk assessment, and introducing new innovative technologies to address existing challenges with food safety testing. Therefore, the trend of new and improved technologies with enhanced capabilities is anticipated to play an important role in boosting the growth of the Food Safety Testing market in the forthcoming years.
Furthermore, research and development activities in the private laboratories and government-funded research institutes have augmented at a rapid pace across the globe, which, in turn, are anticipated to create a various way for innovations and accurate food safety testing procedures throughout the forecast period. This crucial fact further propels the growth of the market. In addition, the growing demand for healthy products that are free from GMO, gluten, and other added ingredients. This key fact is projected to create several growth opportunities for the food safety testing market in the near future.
Covid-19 Impact on Food Safety Testing Market
A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, supply chain, training, safety, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in the beverage industry is facing a devastating effect of a pandemic. Around 13% to 15% of the craft beer sector in the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, the shortage of raw materials caused to shut down of many small to medium food processing companies around the world.
Food Safety Testing Market Segment Overview
Based on Test, the Microbiological Testing segment has significant growth in the global Food Safety Testing market. This is because as it helps detect microorganisms in edible products with the use of chemical, biological, molecular, and biochemical methods, providing very accurate results concerning their composition. According to the Application, the Meat & Poultry Products and Seafood segments are projected to account for the maximum market share of the Food Safety Testing market in the forecast period. This is due to easy susceptibility to microbial and other contaminations along with the increasing number of tests for meat, poultry, seafood products. Additionally, stringent government policies & rules for meat, poultry, and seafood products and assurance of safe meat to consumers have led to constant food safety testing with checkpoints at different stages to remove any incidences of meat contamination.
Region-wise, Europe emerged as a dominant region in the global Food Safety Testing market. The high incidence of food-related allergies among consumers in the region increases the dependence on Food Safety Testing procedures. This factor is expected to fuel the growth of the market in this region. Similarly, enforcement of strict regulatory norms is likely to lead to large market size in the region. North American food safety testing market is expected to rise at a considerable rate owing to norms mandated by the Food and Drug Administration (FDA) in the U.S. Additionally, the food allergen testing industry has garnered considerable traction across North America, especially due to the high volume of processed food and beverages consumed daily. The market in the Asia Pacific is expected to register the fastest growth during the forecast period. This is because of efforts undertaken by concerned agencies regarding the safety of edible products. The Food Safety and Standards Authority of India (FSSAI) invested heavily to strengthen food testing infrastructure, which is projected to boost the market’s growth in this region.
Food Safety Testing Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Food Safety Testing Market, Key Players
· Thermo Fischer Scientific Inc. · UL LLC · EMSL Analytical Inc. · Microbac Laboratories, Inc. · Silliker, Inc. · Covance Inc. · Intertek Group Plc. · SGS SA · Bureau Veritas S.A. · Eurofins Scientific SE · The SOCOTEC Group · International Laboratory Services · ALS Limited · AsureQuality Limited · DTS Food Laboratories · Aspirata · Symbio
Food Safety Testing Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Food Safety Testing Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Target Test