Global Food Safety Testing Market Strategy Report 2023-2030: Focus on Microbiological Testing, Residues & Contamination Testing, Chemical & Nutritional Testing, Allergen Testing, GMO Testing

Dublin, Sept. 07, 2023 (GLOBE NEWSWIRE) -- The "Food Safety Testing: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Food Safety Testing Market to Reach $31.3 Billion by 2030

The global Food Safety Testing market, valued at US$19.2 Billion in 2022, is projected to expand to US$31.3 Billion by 2030, with a CAGR of 6.3% during 2022-2030.

The market analysis delves into various segments, including Microbiological Testing, Residues & Contamination Testing, Chemical & Nutritional Testing, Allergen Testing, GMO Testing, and more.

The report provides insights into annual sales, percentage CAGR, and value distribution across applications like Meat, Poultry, & Seafood Products, Processed Food, Dairy & Dairy Products, Beverages, Cereals & Grains, and Others. Notably, Microbiological Testing is predicted to attain a 6.1% CAGR and reach US$8.5 Billion during the analysis period. The Residues & Contamination Testing segment is expected to exhibit a growth rate of 6.6% post-pandemic recovery.

The U.S. Food Safety Testing market is valued at US$4.1 Billion in 2022, while China is poised to achieve a market size of US$2.2 Billion by 2030 with an 8.1% CAGR. Japan and Canada are also anticipated to experience growth, along with Germany in Europe. The Asia-Pacific market, led by countries like Australia, India, and South Korea, is projected to reach US$2.5 Billion by 2030.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial

Key Attributes:

MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of COVID-19 on Food Safety Testing Industry
• Increasing Risk of Food Fraud a Major Concern for Food Companies
• Rising Need for Universal Food Safety and Security Regulatory Reforms
• US Implements Safety Norms for Food Safety Companies
• FDA's New Era of Smarter Food Safety
• Requirements on Food Labeling Eased Temporarily in the United States
• Food Safety Emerges as a Major Concern for Public Health Systems
• Increasing Focus on Safe and High-Quality Foods Propels Food Safety Testing Market
• A Bird's Eye View of Food Testing Market
• Growing Need to Curb Foodborne Illnesses Drives Food Safety Testing Market
• Developed Economies Lead the Food Safety Testing Market
• Developing Economies to Spearhead Future Market Growth
• Microbiological Testing Segment Leads, GMO Testing Poised to Post High Growth
• Rising Threat of Pathogen Contamination Drives Growth in Pathogen Testing Market
• Comparison of Foodborne Pathogen Testing Methods
• E.coli Testing Market: Technology Advancements Drive Growth
• GMO Testing: The Fastest Growing Testing Category
• Pesticide Residue Testing Market Rides on the Growing Need to Limit Pesticide Remnants in the Food Supply Chain
• Meat, Poultry & Seafood Products: The Largest End-Use Segment
• Rapid Screening Gains Preference over Traditional Food Testing Procedures
• Traditional Testing Technologies Continue to Rule the Roost
• Leading Food Processors Exhibit Inclination Towards Rapid Microbiological Testing
• Competitive Landscape
• Key Brands in Food Testing Market
• Recent Market Activity
• Food Safety Testing - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

MARKET TRENDS & DRIVERS

• Increase in Number and Complexity of Foodborne Outbreaks and Product Recalls: Food Safety Testing Market Positioned for Growth
• Number of Food Allergen Recalls in the US: Breakdown by FDA-Regulated Foods and FSIS-Regulated Foods for 2019
• Foodborne Illness Outbreak Investigations in the US (2019 & 2020)
• Rising Food Needs of an Expanding Global Population Turns Focus onto Food Safety
• World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
• Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
• Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
• Globalization Injects Universal Demand for Food Diagnostics
• Highly Regulated Food & Beverage Industry Presents Opportunities for Testing Market
• Food Contract Laboratories to Outdo In-house Labs
• Outsourcing of Food Safety Testing Gathers Steam
• Food Microbiology Testing Market on a Growth Spree
• Global Food Microbiology Testing Market Breakdown of Value Sales (IN %) by Pathogen and Routine Tests for 2019
• Rapid and Automated Tests: Attractive Solution for Food Processors
• Emerging Technologies Transform Food Safety Testing Market
• NGS-based Food Safety Testing: A Technology with High-Growth Promise
• Novel & Tested Technologies to Spur Growth
• Blockchain Technology to Play Important Part in Meat Recall-Related Losses
• Number of Meat Recalls by Issue in the US for 2018
• Number of Meat Recalls in the US for the Years 2012-2018
• Nanotechnology in Food Testing
• Biosensors and Smartphones Set New Frontiers
• Biotechnology and Bioinformatics: The Backbone of New Testing Technologies
• Process Testing to Gain Prominence
• Automation Picks Up Momentum
• Smart Labels and Tags Gains Significance
• Consumer Packaged Goods Companies: Technology Innovations Aid in Compliance with Food Safety Requirements
• Adulteration of Meat Products on the Rise
• Meat Irradiation: A Solution to Curb Contamination?
• Poultry Industry Embraces Rapid Microbiological Testing Technologies
• Mycotoxin: A High-Grade Food Contaminant
• Food Safety Services Challenged by Emerging Raw Materials
• Environmental Monitoring Gaining Prominence in Food Processing
• Mandatory Labeling Requirements Bode Well for Food Safety Testing Market
• An Insight into Food Safety Testing Market by Technology
• Real-time PCR/qPCR Technologies Fundamental in Food Safety Testing
• Growing Prominence of Immunoassays in Food Sciences and Quality Control
• Growing Concerns over GMOs Demand Rapid Tests for GMOs Detection
• PCR Technique Plays a Vital Role in GMOs Detection
• ELISA and Lateral Flow Tests Adoption in Identification of GMOs to Zoom
• Metabolomic Profiling in Food Safety Testing: An Opportunity to Tap
• Multiplexing for Food Pathogen Testing
• LC/MS Technologies Gains Space in Food Safety Testing
• Promising Prospects for Molecular Diagnostics in Food Safety Testing
• Regulatory Environment
• Stringent Norms Necessitate Food Safety Testing
• Need for Standardization of Pesticide Residue Testing
• Food Safety Modernization Act (FSMA)
• HACCP
• Codex Alimentarius Commission Agreement for Pre-Market GMO Testing
• Key Issues
• Food Industry's Growing Threat: Genetically Modified Organisms (GMOs)
• Herbicide Resistant Genetically Engineered Plants Pose Problem
• Food Safety Issues in Food Production
• Global Companies Resist Standardization of Testing Procedures
• Technical and Cost Related Hurdles Hamper the Microbiology Testing Market
• Test Kits Remain Insufficient for Detecting All Allergens
• Ban on Antibiotics Fuel Food Residue Testing

FOCUS ON SELECT PLAYERS (Total 68 Featured)

• ALS Limited
• Bureau Veritas S.A.
• DTS Food Assurance
• Eurofins Scientific
• FoodChain ID Testing
• ifp Institut fur Produktqualitat GmbH
• Intertek Group PLC
• Merieux NutriSciences
• Microbac Laboratories, Inc.
• Neogen Corporation
• Romer Labs, Inc.
• SGS SA
• 3M Company
• Biolog, Inc.
• Charm Sciences, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/go5evs

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• Global Market for Food Safety Testing