Insights on the Food Safety Testing Global Market to 2027 - by Type, Food Tested, Technology and Region - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Food Safety Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global food safety testing market reached a value of US$ 19.2 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 33.4 Billion by 2027, exhibiting at a CAGR of 9.97% during 2022-2027.

Companies Mentioned

• ADPEN Laboratories Inc.
• ALS Limited
• AsureQuality Limited
• Bio-Rad Laboratories Inc.
• Bureau Veritas
• DNV AS (Stiftelsen Det Norske Veritas)
• Eurofins Scientific
• Intertek Group plc
• Merieux NutriSciences
• NEOGEN Corporation
• NSF International
• SGS SA
• TUV SUD

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Poor hygiene during food preparation and processing can lead to contamination and serious diseases, such as diarrhea and cancer. As a result, governing agencies of various countries are implementing stringent food safety guidelines to ensure that food products undergo vigorous testing procedures before being sold in the market. Food safety testing focuses on detecting the presence of potential toxicants, such as harmful organisms, pathogens, preservatives, and chemicals, among different food products. It also assists in identifying adverse effects, maintaining food hygiene, and preventing and controlling foodborne illnesses.

Rising instances of food adulteration and contamination are among the major risk factors for the spread of foodborne diseases that contribute significantly to healthcare costs. This represents one of the key factors catalyzing the need for food safety testing across the globe. It ensures in maintain the quality of food products, which avoids potential health hazards to consumers. Moreover, the growing consumption of packaged food products on account of rapid urbanization, busy lifestyles, and improving income levels is bolstering the market growth. The growing awareness among individuals about food hygiene and safety is also driving the market.

Apart from this, automation, versatility, and the speed of analysis, along with stringent regulatory frameworks on food safety, are encouraging food processors to adopt immunoassays (IAs) in food testing. Furthermore, leading market players are introducing polymerase chain reaction (PCR) kits, standard and chromogenic media, and immune sera for the fast and qualitative detection of pathogens in real-time. They are also focusing on developing methods that help minimize the time and cost of food testing while ensuring accurate results. This is anticipated to positively influence the adoption of food safety testing worldwide.

Key Questions Answered in This Report:

• How has the global food safety testing market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global food safety testing market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the food tested?
• What is the breakup of the market based on the technology?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global food safety testing market and who are the key players?
• What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Food Safety Testing Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Type

7 Market Breakup by Food Tested

8 Market Breakup by Technology

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/7pbhuq