Top 10 Food Safety Testing and Technologies Trends Market

Top 10 Food Safety Testing and Technologies Trends Market (Food Safety, GM Food Safety, Food Pathogen, Meat Speciation, Food Authenticity, Pesticide Residue, Mycotoxin, Allergen, Water, and Bottled Water) - Global Forecast to 2028

Report Code: FB 5026 Oct, 2023, by marketsandmarkets.com

[300 Pages Report] The food safety testing market is projected to grow at a CAGR of 8.2% from an estimated value of USD 22.7 billion in 2023 to reach USD 33.7 billion by 2028. The globalization of the food supply chain is a significant trend that has transformed the way food products are produced, distributed, and consumed worldwide. It refers to the increasing interconnectedness of food production, processing, and distribution on a global scale. This trend has several implications for food safety, including the need for standardized pathogen testing.  Strategic developments such as expansions, new product launches, and agreements have been adopted by most key players to strengthen their market presence.

Top 10 Food Safety Testing and Technologies Trends

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Top 10 Food Safety Testing and Technologies Trends

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Market Dynamics

Availability of advanced rapid technology

Manufacturers of food products have multiple testing methods at their disposal to ensure the safety of their products. Various analytical techniques are used to perform chemical testing, including traditional "wet chemical" methods, as well as advanced techniques such as infrared spectroscopy, gas and liquid chromatography, and mass spectrometry. When combined with liquid or gas chromatography, mass spectrometry is the preferred chemical test method as it can detect low concentrations of analyses in complex food matrices.

When it comes to analyzing the microbiology of food, traditional methods involve using selective agars or other biochemical assays. However, DNA-based and biomolecular analytical methods are becoming increasingly popular for testing food safety. These techniques can detect food allergies and potentially harmful bacteria, among other substances. They also provide an efficient way to verify claims about animal or fish-based food sources, which can help combat fraudulent activity and counterfeiting. Unfortunately, microbiological tests and culturing technologies can take two to four days to complete, making them time-consuming. Rapid testing methods are gaining popularity because they generate results within a few hours, which is crucial for ensuring quality and driving the global food pathogen testing market's growth.

In the food industry, accuracy and speed are crucial in preventing and containing the spread of foodborne diseases through microbiological testing. Many scientific techniques are developed and continuously innovated to meet these criteria. Recently, real-time results can be obtained to detect the presence of potentially harmful microbial contaminants in food matrices, albeit with some restrictions. In contrast, traditional culture-based methods take several days to process, delaying decisions on the safety of food products and the need for further investigation. Rapid testing methods like polymerase chain reaction (PCR), immunoassay-based techniques, and chromatography & spectrometry are used to ensure timely analysis of larger sample sizes, reducing the time for food pathogen testing. Moreover, advanced technologies like immunoassay and chromatography & spectrometry can detect food contaminants of biological and chemical origin, leading to increased adoption and driving the market for food pathogen testing.

Scientists and researchers are constantly discovering new and improved methods for testing food pathogens, both chemically and microbiologically. These methods are becoming more efficient and faster, allowing for several compounds to be analyzed in a single test run. The use of techniques such as QuEChERS has also made sample preparation easier and more automated. QuEChERS-based preparations do not require pre-concentration processes and only need minimal extract clean-up, making them the preferred method for evaluating pesticide residues in fruits and vegetables. This technique has also been expanded to include testing for other contaminants like antibiotics and substances found in various food matrices, such as meat, fish, and wine. Advancements in gas chromatography high-resolution mass spectrometry equipment and associated software tools have shown great potential for non-targeted testing and detection of both known and unidentified chemical contaminants and environmental pollutants in the food supply chain.

Restraints: Complexity in testing techniques

The increasing complexity in testing techniques poses a significant restraint for the food and water safety testing industry. While these advanced techniques offer improved accuracy and sensitivity, they can be costly to implement, require highly skilled personnel, and demand more time for analysis. Many advanced testing methods, such as PCR (Polymerase Chain Reaction) for pathogen detection or mass spectrometry for chemical analysis, require a high level of expertise to operate and interpret results accurately. Skilled personnel are needed to manage and maintain these sophisticated instruments, which can be a challenge for smaller laboratories or regions with a shortage of trained professionals.

The complexity of food and water matrices means that multiple testing techniques are often necessary to detect a wide range of contaminants, including pathogens, allergens, chemical residues, and toxins. Coordinating and managing this array of methods adds complexity to testing regimes and can lead to logistical challenges. This complexity can lead to higher testing costs, delays in results, and resource constraints for both regulatory bodies and food industry stakeholders. Striking a balance between the benefits of advanced testing techniques and the practicality of implementation is a continual challenge in ensuring food and water safety.

Furthermore, some advanced testing methods may not be readily available or accessible in all geographic regions, especially in developing countries. This can result in disparities in food safety testing capabilities and hinder global efforts to ensure the safety of food and water supplies.

Opportunity: The Post-COVID-19 Surge in Food and Water Safety Concerns

The COVID-19 pandemic has prompted a profound shift in consumer priorities, with a marked increase in concern regarding food and water safety. This heightened awareness of health and safety has opened a remarkable window of opportunity for the food and water safety testing industry. Consumers now place a stronger emphasis on products that are rigorously tested and certified as safe for consumption, a trend that is expected to persist. Furthermore, the pandemic has triggered a reevaluation of food and water safety at every stage of the supply chain. Governments and regulatory bodies are responding with stricter regulations and standards, creating a growing demand for testing and compliance services. The need for supply chain resilience has also come into focus, with safety testing playing a pivotal role in ensuring the integrity of products from farm to table. Consumers are demanding greater transparency in the food supply chain, seeking information on the origin and production of their food and water, as well as its compliance with safety standards. This aligns seamlessly with the food safety testing industry's core objectives. Moreover, technology has rapidly advanced within the industry, offering innovative solutions such as rapid testing methods, automation, and digital tools that make safety testing more accessible and cost-effective. The surge in food and water safety concerns presents significant opportunities for the industry in emerging markets. As economies grow and middle-class populations expand, there is considerable potential for investment and growth in regions seeking to bolster food safety standards. Global collaboration is on the rise, with stakeholders worldwide working together to establish universal safety standards and best practices. This interconnected approach will shape the industry's future. So, the post-COVID-19 landscape offers a pivotal moment for the food and water safety testing industry. By embracing technology, expanding services, and advocating the importance of safety testing, stakeholders can not only contribute to public health protection but also experience substantial growth in an evolving and dynamic market.

Challenges: High cost associated with procurement of food safety testing equipment

One of the most pressing challenges confronting the food and water safety testing industry is the high cost associated with procuring advanced testing equipment. Ensuring the safety and quality of food and water products demands state-of-the-art technology and precision testing methods. However, this need for cutting-edge equipment often comes with a substantial financial burden. For many smaller laboratories, startups, or businesses with limited resources, the cost of acquiring and maintaining advanced testing equipment can be a significant barrier to entry. This financial constraint not only limits their ability to participate in the industry but also hinders their capacity to compete with more established players. Even for established stakeholders, the high procurement costs can strain budgets and present an ongoing financial challenge. These organizations often face the dilemma of needing to make capital investments in costly equipment to maintain the highest standards of food and water safety. Consequently, the adoption of newer, more effective testing methods may be slowed down due to these financial constraints.

Market Eco System

Top 10 Food Safety Testing and Technologies Trends

The GMO food safety testing segment is projected to be the fastest growing in the food safety testing market during the forecast period.

The GMO food safety testing market is currently witnessing the fastest growth within the broader food safety testing market. This accelerated growth can be attributed to the increasing adoption of GM crops, driven by the need for higher yields, resistance to pests and diseases, and improved environmental sustainability in agriculture. With the proliferation of GM crops, there is a growing imperative for rigorous safety testing to ensure these products are safe for human consumption and the environment. Stringent regulatory requirements, consumer concerns, and the necessity for comprehensive testing to meet both international and domestic standards have all contributed to the remarkable expansion of the GMO food safety testing market, making it one of the most dynamic and rapidly evolving segments in the field of food safety testing.

The PCR-based testing segment is projected to dominate the GMO food safety market during the forecast period.

The PCR (Polymerase Chain Reaction) based testing segment is currently dominating the GMO food testing market for several compelling reasons. PCR-based methods are highly precise, sensitive, and specific in detecting the presence of specific DNA sequences, which makes them particularly effective in identifying genetically modified ingredients in food products. This technology offers the advantage of rapid results, enabling quick and efficient screening of large batches of food items. As the demand for accurate GMO food testing continues to rise, PCR-based methods have become the gold standard in ensuring compliance with labeling regulations and meeting consumer expectations for transparency and safety in the food industry.

Fruits and vegetables testing is projected to be the fastest-growing segment in the pesticide residue testing market during the forecast period.

The fruit and vegetables segment is currently dominating the pesticide residue testing market due to several compelling factors. As consumer awareness of pesticide-related health concerns grows, the demand for safe and residue-free fruits and vegetables has surged. This has led to stringent regulations and standards for pesticide residue levels, which the industry must adhere to. The fruit and vegetables sector has experienced a substantial increase in testing activities to ensure compliance with these regulations. Additionally, the rising popularity of organic produce and the need to verify claims of pesticide-free products have further bolstered the demand for pesticide residue testing in this segment. As a result, it continues to be a pivotal and thriving market within the broader food safety testing industry.

Asia Pacific region emerged as the fastest-growing region during the forecast period

Asia Pacific region is poised to exhibit the fastest growth during the forecast period in various industries and sectors. This robust expansion can be attributed to several factors, including rapid urbanization, burgeoning middle-class populations, and increasing consumer demand for a wide range of goods and services. As a result, Asia Pacific presents a fertile ground for market opportunities and investments, attracting both domestic and international businesses. The region's dynamic economic landscape, combined with the adoption of new technologies, innovations, and government initiatives, has fueled this accelerated growth, making it a pivotal region to watch for business expansion and market development in 2023 and beyond.

Top 10 Food Safety Testing and Technologies Trends Size, and Share

Key Market Players?

Key players in the food safety testing market include SGS Société Générale De Surveillance SA (Switzerland), Bureau Veritas (France), Intertek Group PLC (UK), Eurofins Scientific (Luxembourg), and ALS (Australia).

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Scope of the Report

Report Metric

Details

Market size available for years

2018-2028

Base year considered

2022

Forecast period

2023-2028

Forecast units

Value (USD million/billion)

Segments covered

Food safety testing, GMO food safety testing, food pathogen testing, meat speciation testing, food authenticity testing, pesticide residue testing, mycotoxin testing, allergen testing, water testing and analysis, and bottled water testing equipment market

Geographies covered

North America, Europe, Asia Pacific, and the Rest of the World (RoW)

Key Companies covered

SGS Société Générale De Surveillance SA (Switzerland), Bureau Veritas (France), Intertek Group PLC (UK), Eurofins Scientific (Luxembourg), ALS (Australia), TUV Nord Group (Germany), AsureQuality (New Zealand), Mérieux NutriSciences Corporation (US), Microbac Laboratories, Inc. (Pennsylvania), IFP Institute for Product Quality GmbH (Germany), EMSL Analytical, Inc. (US), Symbio Laboratories (Australia), Hill Laboratories (New Zealand), Thermo Fisher Scientific Inc. (US), Bio-Rad Laboratories, Inc. (US), Romer Labs (Austria), FoodChain ID (US), Nova Biologicals (US), Certified Laboratories (US),  IEH Inc. (US), PrimusLabs (US), PT Seafood Inspection Laboratory (Indonesia), Eureka (India), BioMedal (Spain), and Element Materials Technology (UK)

This research report provides the top 10 food safety and testing technologies trends market such as:

  • Food safety testing
  • GMO food safety testing
  • Food pathogen testing
  • Meat speciation testing
  • Food authenticity testing
  • Pesticide residue testing
  • Mycotoxin testing
  • Allergen testing
  • Water testing and analysis
  • Bottled water testing equipment market

Recent Developments:

  1. In May 2023, SGS entered a partnership with Eezytrace. The collaboration with Eezytrace strengthened the testing, inspection, and certification services of SGS Société Générale de Surveillance SA (Switzerland).
  2. In April 2023, Eurofins Scientific (Luxembourg) acquired Rheonix. This partnership enables Eurofins to include the Rheonix Listeria PatternAlert Assay in their microbiology laboratory network.
  3. In March 2023, SGS acquired Asmecruz Laboratory. The acquisition will enhance SGS’s capabilities in the field of seafood testing, strengthening its position as a trusted provider of quality and safety services for the seafood industry.
  4. In March 2022, Bureau Veritas opened its fifth Canadian Microbiology Laboratory located in Winnipeg, Manitoba. The new laboratory will offer Rapid Pathogen testing (E.coli O157:H7, Salmonella & Listeria), as well as Indicators (Generic E.coli/Coliforms, Total Plate Count, Yeast & Mold).
  5. In July 2021, Intertek Group acquired Brazil-based JLA Brasil Laboratório de Análises de Alimentos SA ('JLA'), one of the leading providers of food, agriculture, and environmental testing solutions. This acquisition will help Intertek enhance its food safety testing service portfolio for Brazilian customers.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION 
    1.1. OBJECTIVES OF THE STUDY 
    1.2. MARKET DEFINITION 
    1.3. MARKET SCOPE 
           1.3.1. MARKET SEGMENTATION
           1.3.2. INCLUSION AND EXCLUSIONS
           1.3.3. REGIONS COVERED
    1.4. PERIODIZATION CONSIDERED 
    1.5. CURRENCY CONSIDERED 
    1.6. UNIT CONSIDERED 
    1.7. STAKEHOLDERS 
    1.8. SUMMARY OF CHANGES  
           1.8.1. RECESSION IMPACT
 
2 RESEARCH METHODOLOGY 
    2.1. RESEARCH DATA  
           2.1.1. SECONDARY DATA
                    2.1.1.1. KEY DATA FROM SECONDARY SOURCES 
           2.1.2. PRIMARY DATA
                    2.1.2.1. BREAKDOWN OF PRIMARY INTERVIEWS
                    2.1.2.2. KEY DATA FROM PRIMARY SOURCES 
                    2.1.2.3. KEY INDUSTRY INSIGHTS 
    2.2. MARKET SIZE ESTIMATIONS 
           2.2.1. BOTTOM-UP APPROACH
           2.2.2. TOP-DOWN APPROACH
    2.3. DATA TRIANGULATION 
    2.4. RESEARCH ASSUMPTIONS 
    2.5. RESEARCH LIMITATIONS 
    2.6. RECESSION IMPACT 
 
3 EXECUTIVE SUMMARY 
 
4 PREMIUM INSIGHTS 
 
5 MARKET OVERVIEW 
    5.1. INTRODUCTION 
           5.1.1. MACROECONOMIC INDICATORS
    5.2. MARKET DYNAMICS  
           5.2.1. DRIVERS
           5.2.2. RESTRAINTS
           5.2.3. OPPORTUNITIES 
           5.2.4. CHALLENGES 
 
6 INDUSTRY TRENDS  
    6.1. INTRODUCTION 
    6.2. VALUE CHAIN ANALYSIS 
    6.3. SUPPLY CHAIN ANALYSIS 
    6.4. ECOSYSTEM MAP 
           6.4.1. DEMAND SIDE
           6.4.2. SUPPLY SIDE
    6.5. TECHNOLOGY ANALYSIS  
    6.6. PATENTS ANALYSIS 
    6.7. PORTER’S FIVE FORCE ANALYSIS  
    6.8. KEY CONFERENCES & EVENTS IN 2023-2024 
    6.9. TRENDS & DISRUPTIONS IMPACTING CUSTOMERS 
           6.10. TRADE ANALYSIS
           6.11. TARIFF AND REGULATORY LANDSCAPE
                    6.11.1. REGULATORY BODIES, GOVERNMENT AGENCIES & OTHER ORGANIZATIONS
                    6.11.2. REGULATORY FRAMEWORKS 
                               6.11.2.1. FOOD SAFETY TESTING
                               6.11.2.2. FOOD PATHOGEN TESTING 
                               6.11.2.3. GM FOOD SAFETY TESTING
                               6.11.2.4. FOOD AUTHENTICITY TESTING
                               6.11.2.5. PESTICIDE RESIDUE TESTING
                               6.11.2.6. MYCOTOXIN TESTING
                               6.11.2.7. ALLERGEN TESTING
           6.12. KEY STAKEHOLDERS IN BUYING PROCESS AND BUYING CRITERIA
           6.13.  CASE STUDY ANALYSIS
 
7 FOOD SAFETY TESTING MARKET 
    7.1. OVERVIEW 
    7.2. COMPETITIVE LANDSCAPE 
           7.2.1. INTRODUCTION
           7.2.2. MARKET SHARE ANALYSIS
           7.2.3. COMPANY EVALUATION MATRIX
                    7.2.3.1. STARS
                    7.2.3.2. EMERGING LEADERS
                    7.2.3.3. PERVASIVE PLAYERS
                    7.2.3.4. PARTICIPANTS
                    7.2.3.5. COMPANY FOOTPRINT
                    7.2.3.6. COMPETITIVE SCENARIO AND TRENDS
           7.2.4. START-UP/SME EVALUATION MATRIX
                    7.2.4.1. PROGRESSIVE COMPANIES
                    7.2.4.2. RESONSIVE COMPANIES
                    7.2.4.3. DYNAMIC COMPANIES
                    7.2.4.4. STARTING BLOCKS 
                    7.2.4.5. COMPETITIVE BENCHMARKING
    7.3. MARKET ANALYSIS 
           7.3.1. REGIONAL MARKET ANALYSIS
           7.3.2. FOOD SAFETY TESTING MARKET, BY CONTAMINANT
           7.3.3. FOOD SAFETY TESTING MARKET, BY TECHNOLOGY
           7.3.4. FOOD SAFETY TESTING MARKET, BY FOOD TESTED
 
8 GM FOOD SAFETY TESTING MARKET 
    8.1. OVERVIEW 
    8.2. COMPETITIVE LANDSCAPE 
           8.2.1. INTRODUCTION
           8.2.2. COMPANY RANKING ANALYSIS
           8.2.3. COMPETITIVE SCENARIO AND TRENDS
    8.3. MARKET ANALYSIS 
           8.3.1. REGIONAL MARKET ANALYSIS
           8.3.2. GM FOOD SAFETY TESTING MARKET, BY TRAIT
           8.3.3. GM FOOD SAFETY TESTING MARKET, BY TECHNOLOGY
           8.3.4. GM FOOD SAFETY TESTING MARKET, BY CROP AND PROCESSED FOOD TESTED
 
9 FOOD AUTHENTICITY TESTING MARKET 
    9.1. OVERVIEW 
    9.2. COMPETITIVE LANDSCAPE 
           9.2.1. INTRODUCTION
           9.2.2. COMPANY RANKING ANALYSIS
           9.2.3. COMPETITIVE SCENARIO AND TRENDS
    9.3. MARKET ANALYSIS 
           9.3.1. REGIONAL MARKET ANALYSIS
           9.3.2. FOOD AUTHENTICITY TESTING MARKET, BY TARGET TESTING
           9.3.3. FOOD AUTHENTICITY TESTING MARKET, BY TECHNOLOGY
 
10 FOOD PATHOGEN TESTING MARKET 
     10.1. OVERVIEW 
     10.2. COMPETITIVE LANDSCAPE 
               10.2.1. INTRODUCTION
               10.2.2. MARKET SHARE ANALYSIS
               10.2.3. COMPANY EVALUATION MATRIX
                           10.2.3.1. STARS
                           10.2.3.2. EMERGING LEADERS
                           10.2.3.3. PERVASIVE PLAYERS
                           10.2.3.4. PARTICIPANTS
                           10.2.3.5. COMPANY FOOTPRINT
                           10.2.3.6. COMPETITIVE SCENARIO AND TRENDS
               10.2.4. START-UP/SME EVALUATION MATRIX
                           10.2.4.1. PROGRESSIVE COMPANIES
                           10.2.4.2. RESONSIVE COMPANIES
                           10.2.4.3. DYNAMIC COMPANIES
                           10.2.4.4. STARTING BLOCKS 
               10.2.5. COMPETITIVE BENCHMARKING
     10.3. MARKET ANALYSIS 
               10.3.1. REGIONAL MARKET ANALYSIS
               10.3.2. FOOD PATHOGEN MARKET, BY PATHOGEN TYPE
               10.3.3. FOOD PATHOGEN MARKET, BY FOOD TYPE
               10.3.4. FOOD PATHOGEN MARKET, BY TECHNOLOGY
 
11 MEAT SPECIATION TESTING MARKET 
     11.1. OVERVIEW 
     11.2. COMPETITIVE LANDSCAPE 
               11.2.1. INTRODUCTION
               11.2.2. COMPANY RANKING ANALYSIS
               11.2.3. COMPETITIVE SCENARIO AND TRENDS
     11.3. MARKET ANALYSIS 
               11.3.1. REGIONAL MARKET ANALYSIS
               11.3.2. MEAT SPECIATION MARKET, BY SPECIES
               11.3.3. MEAT SPECIATION TESTING MARKET, BY TECHNOLOGY
 
12 PESTICIDE RESIDUE MARKET 
     12.1. OVERVIEW 
     12.2. COMPETITIVE LANDSCAPE 
               12.2.1. INTRODUCTION
               12.2.2. COMPANY RANKING ANALYSIS
               12.2.3. COMPETITIVE SCENARIO AND TRENDS
     12.3. MARKET ANALYSIS 
               12.3.1. REGIONAL MARKET ANALYSIS
               12.3.2. PESTICIDE RESIDUE MARKET, BY FOOD TESTED
               12.3.3. PESTICIDE RESIDUE MARKET, BY TECHNOLOGY
 
13 MYCOTOXIN TESTING MARKET 
     13.1. OVERVIEW 
     13.2. COMPETITIVE LANDSCAPE 
               13.2.1. INTRODUCTION
               13.2.2. COMPANY RANKING ANALYSIS
               13.2.3. COMPETITIVE SCENARIO AND TRENDS
     13.3. MARKET ANALYSIS 
               13.3.1. REGIONAL MARKET ANALYSIS
               13.3.2. MYCOTOXIN TESTING MARKET, BY TYPE
 
14 FOOD ALLERGEN TESTING MARKET 
     14.1. OVERVIEW 
     14.2. COMPETITIVE LANDSCAPE 
               14.2.1. INTRODUCTION
               14.2.2. COMPANY RANKING ANALYSIS
               14.2.3. COMPETITIVE SCENARIO AND TRENDS
     14.3. MARKET ANALYSIS 
               14.3.1. REGIONAL MARKET ANALYSIS
               14.3.2. FOOD ALLERGEN TESTING MARKET, BY SOURCE
               14.3.3. FOOD ALLERGEN TESTING MARKET, BY TECHNOLOGY
               14.3.4. FOOD ALLERGEN TESTING MARKET, BY FOOD TESTED
 
15 WATER TESTING AND ANALYSIS MARKET 
     15.1. OVERVIEW 
     15.2. COMPETITIVE LANDSCAPE 
               15.2.1. INTRODUCTION
               15.2.2. COMPANY RANKING ANALYSIS
               15.2.3. COMPETITIVE SCENARIO AND TRENDS
     15.3. MARKET ANALYSIS 
               15.3.1. REGIONAL MARKET ANALYSIS
               15.3.2. WATER TESTING AND ANALYSIS MARKET, BY PRODUCT
               15.3.3. WATER TESTING AND ANALYSIS MARKET, BY PRODUCT TYPE
               15.3.4. WATER TESTING AND ANALYSIS MARKET, BY APPLICATION
 
16 BOTTLED WATER TESTING EQUIPMENT MARKET 
     16.1. OVERVIEW 
     16.2. COMPETITIVE LANDSCAPE 
               16.2.1. INTRODUCTION
               16.2.2. COMPANY RANKING ANALYSIS
               16.2.3. COMPETITIVE SCENARIO AND TRENDS
     16.3. MARKET ANALYSIS 
               16.3.1. REGIONAL MARKET ANALYSIS
               16.3.2. BOTTLED WATER TESTING EQUIPMENT MARKET, BY COMPONENT
               16.3.3. BOTTLED WATER TESTING EQUIPMENT MARKET, BY TECHNOLOGY
               16.3.4. BOTTLED WATER TESTING EQUIPMENT MARKET, BY TEST TYPE
 
17 COMPANY PROFILES  
     17.1. KEY PLAYERS  
            17.1.1. SGS S A 
                     17.1.1.1. COMPANY OVERVIEW
                     17.1.1.2. OPERATIONAL BUSINESS OVERVIEW
                     17.1.1.3. PRODUCT OFFERED
                     17.1.1.4. RECENT DEVELOPMENTS
                     17.1.1.5. MNM VIEW 
            17.1.2.  BUREAU VERITAS S.A
            17.1.3. INTERTEK GROUP PLC
            17.1.4. EUROFINS SCIENTIFIC SE
            17.1.5. ALS LIMITED
            17.1.6. THERMO FISHER SCIENTIFIC, INC.
            17.1.7. MERIEUX NUTRISCIENCES CORPORATION
            17.1.8. ASUREQUALITY LTD.
            17.1.9. MICROBAC LABORATORIES, INC.
            17.1.10. ROMER LABS DIAGNOSTIC GMBH
            17.1.11. LGC SCIENCE GROUP LTD.
            17.1.12. EMSL ANALYTICAL INC.
            17.1.13. GENETIC ID NA INC
            17.1.14. TÜV SÜD
            17.1.15. NEOGEN CORPORATION
     17.2. OTHER PLAYERS/START-UPS 
            17.2.1. VWR INTERNATIONAL LLC
            17.2.2. INTERNATIONAL LABORATORY SERVICES LTD.
            17.2.3. AB SCIEX LLC
            17.2.4. GENEIUS LABORATORIES LTD.
            17.2.5. SCIENTIFIC ANALYSIS LABORATORIES LTD.
            17.2.6. SILLIKER, INC.
            17.2.7. SYMBIO LABORATORIES
            17.2.8. VICAM
            17.2.9. ENVIROLOGIX
            17.2.10. CHARM SCIENCES INC.
 
18 APPENDIX 
     18.1. DISCUSSION GUIDE 
     18.2. KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     18.3. AVAILABLE CUSTOMIZATIONS 
     18.4. RELATED REPORTS 

The study involves identifying the top trends in the food safety testing market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. These findings, assumptions, and market sizes were validated by industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation approaches were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet, were referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.

Primary Research

The market comprises several stakeholders in the supply chain, which include suppliers, manufacturers, and end-use product manufacturers. Various primary sources from both the supply and demand sides of both markets have been interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include key opinion leaders, executives, vice presidents, and CEOs of companies manufacturing biologicals. The primary sources from the supply side include research institutions involved in R&D, key opinion leaders, and manufacturing companies.

Top 10 Food Safety Testing and Technologies Trends Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the market. These approaches were also used extensively to estimate the size of various dependent submarkets.

The research methodology used to estimate the market size includes the following:

  • The key players were identified through extensive secondary research.
  • The 'industry's supply chain and market size were determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All the possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Market size estimation: Bottom-up approach

Top 10 Food Safety Testing and Technologies Trends Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Market size estimation methodology: top-down approach

In the top-down approach, the overall market size was used to estimate the size of individual markets (target tested, food tested, technology, and region) through percentage splits from secondary and primary research. To calculate each specific market segment, the most appropriate and immediate parent market size was used to implement the top-down approach. The data obtained was further validated by conducting primary interviews with industry experts, key suppliers, and manufacturers of food safety testing in the market.

Top 10 Food Safety Testing and Technologies Trends Size, and Share

Data Triangulation

In order to evaluate the overall food safety testing market and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides.

Market Definition:

 Food safety testing is performed to supervise the quality and prevent unwanted incidents of foodborne illnesses, toxicity, or poisoning.

  • “Food safety audit” means a systematic and functionally independent examination of food safety measures adopted by manufacturing units to determine whether such measures and related results meet the objectives of food safety.
  • “Food Safety Management System (FSMS)” means adopting good manufacturing practices, good hygienic practices, hazard analysis, critical control points, and other practices as may be specified by the regulations for the food business.

According to Governing Food Security in Indonesia, the Food Law No 18/2012: “Food safety is a condition and effort that is required to prevent food from the possibility of biological, chemical, and other pollution that can interfere, harm, and endanger the human health as well as not conflicting with religion, belief, and culture of the society so that it is safe for consumption.”

Key Stakeholders:

  • Manufacturers, importers & exporters, traders, distributors, and suppliers of food safety testing kits, equipment, reagents and chemicals
  • Food safety testing laboratories
  • Food raw material suppliers
  • Food ingredient, intermediate, and end-product manufacturers, and processors
  • Government, research organizations, and institutions
  • World Health Organization (WHO)
  • Codex Alimentarius Commission (CAC)
  • Food traders, trade associations, and industry bodies
  • Regulatory bodies
  • Food and Agriculture Organization (FAO)
  • Food Safety Council (FSC)
  • The European Federation of National Associations of Measurement, Testing, and Analytical Laboratories (EUROLAB)
  • European Food Safety Authority (EFSA)
  • Food Standards Australia New Zealand (FSANZ)
  • Canadian Food Inspection Agency (CFIA)
  • Mexico’s National Service of Health, Food Safety, and Agro-Alimentary Quality (SENASICA)
  • Food Safety Commission (FSC)
  • Ministry of Health, Labor, and Welfare (Japan)
  • Food Safety and Standards Authority of India (FSSAI)
  • Commercial research & development (R&D) institutions and financial institutions
  • Regulatory bodies, including government agencies and NGOs   

Report Objectives

  • To describe, segment, and project the global market size for the food safety testing market
  • To offer detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To evaluate the micro-markets, concerning individual growth trends, prospects, and their contribution to the total food safety testing market
  • To propose the size of the submarkets, in terms of value, for various regions
  • To profile the major players and comprehensively analyze their core competencies
  • To understand the competitive landscape and identify the major growth strategies adopted by the players across key regions
  • To analyze competitive developments such as expansions & investments, mergers & acquisitions, new product launches, partnerships, joint ventures, and agreements.

Available Customizations

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Company Information

  • Detailed analysis and profiling of additional market players (up to five)
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We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Report Code
FB 5026
Published ON
Oct, 2023
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