Lucintel’s latest market report analyzed that food safety testing provides attractive opportunities in various end use industries, such as dairy products, food grains, meat, poultry, & seafood, fruits & vegetables, processed foods, and beverages. The food safety testing market is expected to reach $6.7 billion by 2027 with a CAGR of 6.1%. In this market, pathogens is the largest segment by contaminant, whereas meat, poultry, and seafood is largest by end use. Usage of DNA-based PCR-testing method for GMOs and introduction of mass spectral detection provides strategic growth path in this market.
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Based on contaminant, the food safety testing market is segmented into pathogens, pesticides, genetically modified organisms (GMO), toxins, allergens, and others. The pathogens segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, 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.
Browse in-depth TOC on “Food Safety Testing Market”
69 – Tables
109 – Figures
226 – Pages
The Food Safety Testing Market is marked by the presence of several big and small players. Some of the prominent players offering food safety testing include Eurofins Scientific, SGS S.A., Intertek Group, ALS Ltd., Bureau Veritas, Asurequality Limited, and Mérieux NutriSciences.
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