The Food Safety Testing Market: A Comprehensive Analysis

According to recent study by MarkNtel Advisors the Global Food Safety Testing Market valued at approximately USD 19.5 billion in 2023, is projected to witness a compound annual growth rate (CAGR) of around 7.90% between 2024-2030. Various factors, including market trends, size, forecasts, growth factors, challenges, and competitor assessments drive this growth.

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Food Safety Testing Market Segmentation Analysis: 2024-2030

The Food Safety Testing Market is segmented into:

By Testing Type

  • Allergen Testing- Market Size & Forecast 2019-2030, USD Million
  • Residues and Contamination Testing- Market Size & Forecast 2019-2030, USD Million
  • GMO Testing- Market Size & Forecast 2019-2030, USD Million
  • Mycotoxin (Fungi) and Microbiological Testing- Market Size & Forecast 2019-2030, USD Million
  • Pathogen Testing- Market Size & Forecast 2019-2030, USD Million
  • Toxic Heavy Metals Testing- Market Size & Forecast 2019-2030, USD Million
  • Others (Chemical or Nutritional Testing) – Market Size & Forecast 2019-2030, USD Million

By Technology

  • Traditional Technology- Market Size & Forecast 2019-2030, USD Million
  • Rapid Technology – Market Size & Forecast 2019-2030, USD Million
    • Molecular Detection System (MDS) – Market Size & Forecast 2019-2030, USD Million
    • Rapid pathogen testing technology- Market Size & Forecast 2019-2030, USD Million
    • Rapid Antibody-based Technology- Market Size & Forecast 2019-2030, USD Million

By Application

  • Food- Market Size & Forecast 2019-2030, USD Million
    • Dairy Products- Market Size & Forecast 2019-2030, USD Million
    • Fruits & Vegetables- Market Size & Forecast 2019-2030, USD Million
    • Seafood, Meat, and Poultry- Market Size & Forecast 2019-2030, USD Million
    • Processed Food- Market Size & Forecast 2019-2030, USD Million
    • Cereals & Grains- Market Size & Forecast 2019-2030, USD Million
    • Others (Nuts and seeds) – Market Size & Forecast 2019-2030, USD Million
  • Beverages- Market Size & Forecast 2019-2030, USD Million
    • Water- Market Size & Forecast 2019-2030, USD Million
    • Alcoholic Drinks- Market Size & Forecast 2019-2030, USD Million
    • Milk Adulteration- Market Size & Forecast 2019-2030, USD Million

and each segment is further divided into subdivisions, providing a detailed breakdown of the market dynamics.

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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.

Geographical Coverage of Global Food Safety Testing Market

  • North America
  • South America
  • Asia-Pacific
  • Europe
  • Middle East & Africa

North America has captured a significant market share in the Global Food Safety Testing Market, primarily due to high-level investments in the healthcare sector across countries like the US, Canada, and Mexico. North America has emerged as a prominent hub for Food Safety Testing solutions, witnessing rapid growth over the historical period.

Top Leading key Players of Global Food Safety Testing Market

  • The 3M Company
  • Business Description
  • 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

Have Any Query? Ask Our Analyst @: https://www.marknteladvisors.com/query/talk-to-our-consultant/global-food-safety-testing-market.html

Common Queries

  1. What is the current trajectory of cost and profit estimations in the Food Safety Testing Industry?
  2. How do factors like supply and consumption shape the landscape of the industry?
  3. In what ways do import and export considerations impact the dynamics of the Food Safety Testing Industry?
  4. Which technological advancements are anticipated to shape the future of the Food Safety Testing Market?
  5. Who are the noteworthy players highlighted in the Food Safety Testing Market research report?
  6. What are the anticipated USD valuations and the CAGR for the forecasted years?

Who we Are?

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

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, Saudi Arabia, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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