According to the recent study the food safety testing market is projected to reach an estimated $6.7 billion by 2027 from $4.7 billion in 2021, at a CAGR of 6.1% from 2021 to 2027. Growth in this market is primarily driven by growing incidence of foodborne diseases, implementation of food safety and inspection services all over the world and strong growth in food and beverage industry.
Browse 109 figures /
charts and 69 tables in this 226 -page report to understand trends,
opportunities and forecast in food safety testing market by contaminant
(pathogens, pesticides, genetically modified organisms (GMO), toxins,
allergens, and others), technology (traditional and rapid), end use (dairy
products, food grains, meat, poultry, & seafood, fruits & vegetables,
processed foods, beverages, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
Download sample report by clicking on below link
https://www.lucintel.com/food-safety-testing-market.aspx
“Pathogens market is expected to remain
the largest segment during the forecast period.”
Based on contaminant,
the food safety testing market is segmented into pathogens, pesticides,
genetically modified organisms (GMO), toxins, allergens, and others. Lucintel
forecasts that the pathogens market is expected to remain the largest segment
due to growing food safety concerns and regulation due to growing food
poisoning cases. Lucintel predicts that the genetically modified organisms
(GMO) segment is expected to witness the highest growth during the forecast
period due to the technological advancement in agriculture sector to produce
genetically modified crops and increasing consumer awareness regarding health.
“Within the food safety testing market, the meat, poultry, and
seafood segment is expected to remain the largest end use.”
Based on end use the
meat, poultry, and seafood segment is expected to witness the highest growth
over the forecast period due to increasing number of companies that are highly
engaged in providing services related to animal foods, such as seafood, meat,
and others, in which seafood requires special safety services.
“Europe will dominate the food safety testing market in near
future.”
Europe will remain the
largest region over the forecast period due to stringent regulations in the
region for food safety and the presence of giant food and beverage
manufacturers. APAC is expected to witness the highest growth over the forecast
period due to growing international trade which has mandated food safety testing
to comply with the regulatory standards and growing population.
Download Brochure of this report by clicking on https://www.lucintel.com/food-safety-testing-market.aspx.
Major players of food
safety testing market are adopting various growth strategies like new product
launches, expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. Eurofins Scientific,
SGS S.A., Intertek Group, ALS Ltd., Bureau Veritas, Asurequality Limited, and
Mérieux NutriSciences are among the major food safety testing providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/food-safety-testing-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer
solutions for you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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