Navigating Food Safety Testing Market Trends: USD 19.5 Billion in 2023 and Boasting a CAGR of 7.90% Projections by 2030

Market Overview: Food Safety Testing Market

MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on Food Safety Testing Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.

Food Safety Testing Market Insights 2024-30

The Food Safety Testing Market is estimated to grow at a CAGR of around 7.90% during the forecast period 2024-30.

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Driving Innovation: Exploring the Food Safety Testing Market and its Key Drivers

Global Food Safety Testing Market Driver: Rapidly Rising Cases of Food-borne Illnesses Worldwide

The world is witnessing a swiftly increasing number of individuals being diagnosed with food-borne illnesses, i.e., the primary aspect projected to drive the Global market during 2024-30. The major reason behind the rising incidence of these illnesses is the consumption of spoiled, contaminated, or expired food items with various microorganisms like fungi, bacteria, viruses, & parasites, among others. Consequently, there’s a burgeoning demand for advanced food testing kits, equipment, and systems, which are accurate & can provide quick results in real-time, i.e., projected to stimulate the growth of the food safety testing industry in the years to come.

Top Players in the Food Safety Testing Market:

The 3M Company, Agilent Technologies, ALS, Bio-merieux SA, Bio-Rad Laboratories, Bureau Veritas, Eurofins Scientific, Genetic ID NA Inc, Intertek Group, Merck Group, Merieux NutriSciences, Neogen Corporation, Qiagen Corporation, SGS S.A., Others

Food Safety Testing Industry Recent Development:

• On 17 April 2023, SGS S.A. announced giving certifications to Medjool Village, Jordan’s largest vertically integrated grower, packer & exporter of Medjool dates, for BRCGS Global Food Safety Standard. This new addition is on top of ISO 9001 & FSSC 22000 certifications, which has once again demonstrated Medjool Village’s commitment to food quality & safety.
• On 2 May 2022, Bureau Veritas, a global leader in TIC (Testing, Inspection, & Certification) services, announced the opening of its third US microbiology laboratory in Reno, Nevada, which offers rapid pathogen testing & microbiology indicator analyses to ensure the safety of food & agriculture commodities.

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Segmentation Analysis of Food Safety Testing Market

Food Safety Testing Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

By Testing Type

-Allergen Testing

-Residues and Contamination Testing

-GMO Testing

-Mycotoxin (Fungi) and Microbiological Testing

-Pathogen Testing

-Toxic Heavy Metals Testing

-Others (Chemical or Nutritional Testing)

• Pathogen testing holds a notable share of the Global Food Safety Testing Market. 

By Technology

-Traditional Technology

-Rapid Technology

–Molecular Detection System (MDS)

–Rapid pathogen testing technology

–Rapid Antibody-based Technology

By Application

-Food

–Dairy Products

–Fruits & Vegetables

–Seafood, Meat, and Poultry

–Processed Food

–Cereals & Grains

–Others (Nuts and seeds)

-Beverages

–Water

–Alcoholic Drinks

–Milk Adulteration

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A Comprehensive Geographical Analysis:

By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific

• North America holds a noteworthy share of the Global Food Safety Testing Market. 

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About Us 

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others. 

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. 

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