Food Safety Testing Market Size Is Expected To Witness Significant Growth Of USD $30.1 Billion By 2025 | Grand View Research, Inc.

Food Safety Testing Market Size Is Expected To Witness Significant Growth Of USD $30.1 Billion By 2025 | Grand View Research, Inc.

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According to a new report by Grand View Research, Inc., The global food safety testing market size was estimated at USD 18.0 billion in 2018, growing at a CAGR of 7.7% from 2019 to 2025. A rise in the cases of chemical contamination in food processing industries owing to improper use of techniques in the production of ready-to-eat meals is likely to boost the product demand in the market over the forecast period.

The global food safety testing market size is expected to reach USD 30.1 billion by 2025, escalating at a CAGR of 7.7% over the forecast period, as per a new report by Grand View Research Inc. Rise in the outbreak of foodborne diseases and the enforcement of stringent regulatory norms regarding optimum quality of edible items are expected to drive the demand for product safety in the market over the projected period.

The food safety testing market is expected to witness a moderate growth owing to relaxations provided by governments on the food label norms manufacturers have to comply with during the pandemic outbreak. This is necessarily done to ensure an ample supply of essential food products to the population particularly in economies affected by lockdown. We at GVR are trying to quantify the impact of this pandemic on the food safety testing market. Get your copy now to gain deeper insights on the same.

The global market is highly consolidated and dominated by major players including SGS S.A.; Eurofins Scientific; Intertek Group plc; Bureau Veritas S.A.; ALS Ltd.; Mérieux NutriSciences; and AsureQuality Ltd. Major players control close to 50% of the market share. Processing companies are increasing their investments to ensure a higher quality of edible items.

Governments and food producers have undertaken extensive efforts to improve the quality of edible products owing to health concerns and economic losses caused by contamination. In addition, the presence of authorities, such as the FDA and FSSAI, to ensure conformance to quality standards for the products, is expected to result in increased safety checks. The market for this type of safety checks is highly competitive in nature as key players compete not only with other companies that conduct tests but also with the internal analytics departments of end users and government agencies.

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The food safety testing market is witnessing notable technological developments such as the usage of electrical biosensors in microbiological safety testing. This is expected to reduce the analysis time with increased accuracy in results. In addition, increasing expenditure by processing companies to ensure higher quality of edible items is expected to bode well for market growth.

The existence of inadequate regulatory infrastructure in underdeveloped countries due to limited resources and lack of restructuring of food regulatory agencies is expected to limit growth. However, the industry in Asia Pacific is expected to grow owing to notable growth of food processing sector in developing economies such as India and China and the enforcement of stringent regulations regarding product safety. Increasing awareness regarding quality checks and the examining of edible products are also expected to contribute to the market growth over the forecast period.

Further key findings from the report suggest:

  • Allergen segment accounted for 12.8% of the revenue share of the market in 2018 owing to its extensive usage in advanced production processes and minimize contamination risks
  • Dairy & dairy products segment is expected to grow at a CAGR of 7.7% from 2019 to 2025 owing to increasing assessment of shelf-life for milk & dairy products to demonstrate compliance with statutory requirements
  • The food safety testing market in Asia Pacific is expected to grow at 8.9% from 2019 to 2025.

Rising demand for packaged and processed food in developed and developing economies owing to factors, such as changing lifestyle and growing popularity of quick-service restaurants, is anticipated to drive the need for safety testing of edible items. In addition, rising demand for quality tests for processed and unprocessed meats is expected to drive the food safety testing market growth.

In the U.S., chemical and nutritional testing segment accounted for 17.5% of the revenue share in 2018. The segment is expected to witness a high growth rate on account of increasing demand by consumers to gather knowledge concerning the nutritional composition of edible products and to ensure their compliance with labeling regulations and specifications by retailers.

Enhanced instrumental techniques such as nuclear magnetic resonance (NMR), infrared (IR) spectroscopy, ELISA (enzyme-linked immunosorbent assay), and mass spectroscopy are exclusively used for safety assurance. The development of advanced technologies concerning safety test procedures is expected to drive market growth over the forecast period. Factors such as lack of harmonization of food safety legislation across the globe are anticipated to hamper the overall market growth.

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Food safety has often been used as a means to control trade and impose taxes and tariffs. In addition, shift in the behavior and demographics of population across Asia Pacific is expected to spur the consumption of packaged food, which is expected to drive the demand for safety assessment of edible items over the forecast period. Technological improvements concerning the expansion of reliable, rapid quality and safety check techniques such as biosensors, polymerase chain reaction (PCR), and rapid culture detection are presenting new opportunities for market development. In addition, rising use of electrical biosensors in microbiological testing to reduce analysis time is likely to drive the market for safety evaluation of edible items over the forecast period.

Microbiological testing segment emerged as a dominant segment in 2018 and accounted for 28.0% of the market revenue share. The segment is expected to gain momentum as it helps detect microorganisms in edible products with the use of chemical, biological, molecular, and biochemical methods, providing highly accurate results with respect to their composition.

Microbiological tests are carried out to determine the presence of indicator microorganisms in edible products including acid-resistant micro-organisms, heat-resistant micro-organisms, and fecal contamination. These tests also determine the presence of industrial microorganisms such as Bifidobacteria, Lactobacillus casei, and Lactobacillus rhamnosus.

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Residues & contamination testing was the second-largest market segment both in terms of volume and revenue in 2018 on account of extensive safety and quality checks done to detect the overuse of chemicals such as pesticides and herbicides and growth in the utilization of antimicrobial drugs and additives. A rise in the demand for contamination checks for meat, poultry, and meat products is expected to drive the segment growth.

Genetically modified organism (GMO) testing segment is expected to witness the fastest growth rate, in terms of revenue, over the forecast period, primarily driven by rising awareness among consumers regarding the presence of harmful GMO in edible products. In addition, growth in the production of GMO edible products is expected to drive the demand for such safety tests to ensure optimum food quality.

Grand View Research has segmented the global food safety testing market on the basis of test, end-use:

Food Safety Testing Test Outlook (Revenue, USD Million, 2014 – 2025)

  • Allergen Testing
  • Chemical & Nutritional Testing
  • Genetically Modified Organism (GMO) Testing
  • Microbiological Testing
  • Residues & Contamination Testing
  • Others

Food Safety Testing Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Meat, Poultry & Seafood Products
  • Dairy & Dairy Products
  • Processed Food
  • Beverages
  • Cereals & Grains
  • Others

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Meat, poultry, & seafood products segment accounted for a dominant food safety testing market revenue share of over 29.6% in 2018 and the trend is expected to continue over the forecast period. Increasing consumption of meat and meat products across the globe and high risk of diseases in red meats are expected to drive the segment growth over the forecast period.

Processed food emerged as the second-largest segment, in terms of revenue, in 2018, which is anticipated to register notable gains owing to the growing demand for packaged products such as frozen meals, snacks, ready-to-eat convenient products, and cake mixes. In addition, high shelf life of processed products leads to the enforcement of stringent regulations related to such products. Dairy & dairy products segment is expected to record a high growth rate in the market over the forecast period on account of a number of instances of contamination during the production process. In addition, demand for safety tests conducted for the segment is expected to rise on account of stringent regulations in place concerning standard milk composition.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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