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Food Safety Testing Market Demand 2019 | Industry Survey, Emerging Trend, Global Outlook, Overview and Forecast to 2027

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Food Safety Testing Market Demand 2019 | Industry Survey, Emerging Trend, Global Outlook, Overview and Forecast to 2027

June 30
18:56 2020
Food Safety Testing Market Research Report by Contaminants (GMO, Pathogen, Pesticides and Toxin), Food Types (Dairy Products, Processed Foods, Fruit & Vegetables), Technology (Traditional) – Global Forecast 2027

Market Overview

The Global Food Safety Testing Market is expected to exhibit a stellar growth rate from 2016 to 2027 (forecast period). Availability of advanced testing methods, growing awareness of consumer safety, implementation of tough regulations, and increasing prevalence of foodborne diseases are factors which can drive market growth. The use of food safety units for testing the authenticity of ingredients and discerning the presence of unwanted ingredients which can pose a threat to certain ethnic groups are likely to bolster the market.

The trade of foods and food ingredients among countries due to globalization is likely to elevate the need for stringent food safety testing standards. High demand for convenience, packaged, and pre-processed foods can buttress global market growth.

But lack of awareness among food manufacturers can pose a challenge to the market.

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Leading Players

  • Bureau Veritas S.A.,
  • Avomeen Analytical Services,
  • Aegis Food Testing Laboratories,
  • Campden BRI,
  • Bio-Rad Laboratories,
  • Genevac Ltd,
  • Accugen Laboratories,
  • Adpen Laboratories,
  • ALS Limited

The market is highly competitive in nature with companies investing in research and development to dole out new effective procedures and expand their service portfolio to attract a larger clientele.

Industry News

Clean label claims are the biggest trend in the food safety testing industry. The ‘No Preservatives’ claim has been used by beverage manufacturers to sell their claim of selling drinks made from natural extracts. The inclination of customers to consuming products only clean label products is expected to gain traction with many proposing to exclude artificial preservatives and genetically modified organisms. For instance, Stonyfield Organic has launched a dairy-free drink made with the help of coconut cream and other natural ingredients.

Segmentation

The food safety testing market is segmented by contaminants, technology, and food types.

By contaminants, it is segmented into toxins, GMOs, pesticides, pathogens, and others. Pathogens are expected to be the biggest segment by 2027, followed by GMOs. This can be attributed to rise of food borne diseases and increasing rate of food contamination. Companies in the food industry are conducting rigorous tests to ensure the compliance of manufacturers with the established standards. International events such as concerts and sports are likely to push the segment growth. On the other hand, GMOs can capture a significant market share due to awareness of genetically modified ingredients being included in fast foods.

By technology, it is segmented into rapid and traditional technologies.

By food types, it is categorized into fruit & vegetables, meat & poultry products, dairy products, processed foods, and others.

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Regional Analysis

The Middle East & Africa (MEA), Asia Pacific (APAC), Europe, and the Americas are main regions described in detail in the market report.

The Americas is expected to exhibit a remarkable growth rate due to North America and stringent regulations by federal agencies to ensure the safety of citizens. Ban on certain chemicals and products to prevent any cases of food poisoning are measures likely to bolster the regional market demand. Expansion of food & beverage, hospitality, and tourism sectors can support the growth of the food safety testing market.

The APAC is projected to exhibit a robust CAGR over the forecast period due to being home to two of the world’s biggest economies.

Europe can accumulate revenue at a significant CAGR due to favorable government support and associated initiatives by nations to ensure the safety of citizens. The renewal of economies with declining national growth rates and the expanded healthcare budget can influence the market. Safety policies by reference laboratories

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