Food Safety Testing Market

Food Safety Testing Market Size & Share - Future Growth Prediction

By 2027, the food safety testing industry is expected to increase at a compound annual growth rate (CAGR) of 8.1% to reach $31.1 billion globally. In 2022, the food safety testing market size was estimated to be $21.1 billion worldwide.

Factors Driving the Food Safety Testing Market Growth

  • Stringent Regulations: Increasing regulatory mandates regarding food safety standards are compelling food manufacturers to implement robust testing protocols to ensure compliance. Governments worldwide are enforcing stricter regulations to safeguard public health, thus driving the demand for food safety testing.
  • Rising Incidences of Foodborne Illnesses: With growing concerns over foodborne diseases and contamination incidents, consumers are becoming more vigilant about the safety of the food they consume. This heightened awareness is prompting food producers to invest in comprehensive testing measures to detect and prevent contamination throughout the supply chain.
  • Globalization of Food Supply Chains: The globalization of food supply chains has increased the complexity of food production and distribution networks. As food travels across borders, it encounters diverse environments and handling practices, increasing the risk of contamination. To mitigate these risks, food safety testing becomes imperative to ensure the integrity and safety of the products.
  • Technological Advancements: Technological innovations in food safety testing methodologies have enhanced the efficiency, accuracy, and speed of detection. Advanced techniques such as PCR (Polymerase Chain Reaction), immunoassay, biosensors, and rapid testing methods enable quicker and more precise identification of contaminants, pathogens, and adulterants in food products.
  • Consumer Demand for Quality and Transparency: Consumers are increasingly demanding transparency and quality assurance from food manufacturers. They expect detailed information about the sourcing, production, and safety of the food they purchase. Food safety testing helps meet these expectations by providing assurances of compliance with safety standards and regulations.
  • Industry Initiatives and Collaborations: Collaboration between governments, industry stakeholders, and research institutions is driving innovation and investment in food safety testing technologies. Public-private partnerships and initiatives to standardize testing protocols and improve regulatory frameworks contribute to market growth.

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

Food Safety Testing Market Share - Global Industry Landscape

Food safety testing industry is characterized by the presence of several key players competing for market share.

Top Food Safety Testing Companies

Corteva Agriscience (US):

  • Development and distribution of agricultural inputs such as pesticides, herbicides, and fertilizers.
  • Research and innovation in seed technology and genetic modification.
  • Collaboration with food safety testing laboratories to ensure the safety and compliance of agricultural products.
  • Support for regulatory compliance and monitoring of pesticide residues and other contaminants in food products.

BASF (Germany):

  • Production and distribution of agricultural chemicals including pesticides, herbicides, and fungicides.
  • Research and development in crop protection and seed technology.
  • Collaboration with food safety testing laboratories to monitor and manage chemical residues in food products.
  • Contribution to regulatory compliance and safety assessments related to agricultural inputs.

Bayer (Germany):

  • Manufacturing and marketing of crop protection products, seeds, and traits.
  • Research and innovation in agricultural biotechnology and seed technology.
  • Collaboration with food safety testing laboratories to ensure the safety and quality of agricultural products.
  • Support for regulatory compliance and monitoring of pesticide residues, GMOs, and allergens in food products.

Syngenta (Switzerland):

  • Development and distribution of crop protection products, seeds, and traits.
  • Research and development in seed technology, genetic modification, and agronomic solutions.
  • Collaboration with food safety testing laboratories to address concerns related to pesticide residues, GMOs, and chemical contaminants in food products.
  • Support for regulatory compliance and monitoring of food safety standards.

ADAMA (Israel):

  • Production and distribution of crop protection products, including herbicides, insecticides, and fungicides.
  • Research and development in agrichemicals and agricultural solutions.
  • Collaboration with food safety testing laboratories to ensure the safety and compliance of agricultural products.
  • Support for regulatory compliance and monitoring of pesticide residues in food products.

Arysta LifeScience (US):

  • Development and marketing of crop protection products, including herbicides, fungicides, and insecticides.
  • Research and innovation in agricultural chemicals and biotechnology.
  • Collaboration with food safety testing laboratories to address concerns related to chemical residues and contaminants in food products.
  • Support for regulatory compliance and monitoring of food safety standards and regulations.

These companies play integral roles in various aspects of the agricultural industry, which indirectly impact the requirements, standards, and practices of food safety testing to ensure the safety and quality of food products.

Related Reports:

Food Safety Testing Market by Target Tested, Technology (Traditional and Rapid), Food Tested (Meat, Poultry, Seafood, Dairy, Processed Foods, Fruits & Vegetables, and Cereals & grains) and Region - Global Forecast to 2027

Food Safety Testing Market Size,  Share & Growth Report
Report Code
FB 3059
RI Published ON
9/26/2022
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