736 , Shakti Khund III , New Delhi
+1778-732-2565

Global Food Safety Testing Market By Target Tested (Allergens, Mycotoxin, Others), By Technology (Traditional, Rapid Inspection), Application (Processed Food, Beverages, Others), By Region–Forecast & Opportunities to 2026

The global food safety testing market accounted for USD 16.2 in 2019. The global food safety testing market is projected to register growth at a CAGR of 8.2% during the forecast period.

COVID-19 has impacted all the businesses over the globe. The food safety testing market is expected to witness some growth due to corona virus outbreak as people are focusing more on safety of the products. The consumers are adopting healthy lifestyle and spending in a product which assures safety to them. Thus, the requirement for food safety testing market is expected to increase.

Definition:

Food safety testing is defined as the inspection of food products for chemicals, disease-causing organisms and other hazardous material. They mainly target three primary contaminants of food which are pathogens, genetically modified organisms (GMOs) and chemicals.

Market Dynamics (Drivers/Opportunities):

The demand for the packaged and processed food in developing and developed economics as the lifestyle of is changing. The popularity for quick-service restaurant is growing rapidly. The demand for quality test for edible items is also increasing globally. This is the major factors to drive growth in food safety testing market during the forecast period.

The food borne diseases are increasing rapidly in various regions leading to increase in concerns for food safety hence the demands for food safety testing market is increasing. The urbanization is increasing rapidly in developing and developed countries and people are consuming packaged and processed food in food & beverages industry at higher rate. Such food requires a testing and a label to mark its safety. Thus, requirement for food safety testing market is increasing.

The quality and supply is always a major concern of consumers in food and beverage industry globally. In order to certify quality and safety of such product the demand for food safety testing is increasing a lot. Consumer feels satisfy when they check quality and safety label on particular product. This is a primary driving factor for growth in food safety testing market.

Market Insights, by Target Tested

On the basis of target tested, the food safety testing market is segmented into GMOS, pathogens, pesticides, allergens, mycotoxin, heavy metals and others. The GMO segment is expected to register growth at highest CAGR during the forecast period. The awareness for genetically modified organism has been increasing among consumers in food and efficient trends of technology are likely to drive the growth in GMO testing segment during the forecast period.

 

Market Insights, by Technology

 On the basis of technology, the food safety testing is segmented into traditional technology and rapid inspection technology. Traditional technology accounted for maximum market share in 2019. This was the most widely used technology in various regions.

However, rapid inspection technology is expected to register growth at highest CAGR of XX% during the forecast period. Due to technological advancement the developed and developing countries is now upgrading their technology for safety testing purpose. This technique gives more accurate and precise results than traditional. This factor is likely to drive growth in food safety testing market during the forecast period.

Market Insights, by Application

On the basis of application, the food safety testing market is segmented into dairy & dairy products, meat, poultry & seafood products, processed food, beverages, cereals & grains and others. The meat, poultry & seafood products accounted for highest market share of XX% in 2019. Meat, poultry & seafood products consumption is increasing worldwide and it requires mandatory safety testing by consumers. This has driven the growth in market share.

However, the dairy & dairy products segment is projected to register growth at highest CAGR during the forecast period. Due to corona virus outbreak, the consumption of meat has reduced and demand for dairy & dairy products is increasing globally. Due various contamination issue this segment required safety testing. Thus, it is likely to drive growth in dairy & dairy products.

Regional Insights

Europe region is expected to register growth at highest CAGR during the forecast period. This region have recorded so many issues for food safety within few years due to which regulations were made to assure complete food safety for public. The Control Laboratories, EU Reference Laboratories and National Reference Laboratories are the main authorities for maintaining food standards and protecting consumer health by ensuring the quality of food to the consumers. The food safety testing has been made mandatory in this region. This factor drives the growth in this region.

Key Companies & Market Share Insights

The key market players in food safety testing market are SGS, Intertek, Bureau Veritas, Eurofins, ALS Ltd., TUV SUD, Merieux, TUV Nord Group, AsurQuality, Microbac Laboratories, FoodChain, Romer Labs, Symbio Laboratories and RJ Hill Laboratories.

Segments Covered in the Report

This report forecasts The Global Food Safety Testing Market, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2026. For the purpose of this study, Our Company has segmented the global food safety testing market report on the basis of type, target testing, and Technology.

Food Safety Testing Market Size & Forecast (2017-2026)

  1. Research Framework
    • Market Definition and Product Overview
    • Market Segmentation
  2. Research Methodology
    • Qualitative Research
      • Primary & Secondary Sources
    • Quantitative Research
      • Primary & Secondary Sources
    • Breakdown of Primary Research Respondents, By Region
      • Secondary Research
      • Primary Research
    • Breakdown of Primary Research Respondents, By Industry Participants
      • Market Size Estimation
      • Assumption for the Study
      • Market Breakdown & Data Triangulation
  1. Executive Summary
    • Market Snapshot
  2. Industry Insights
    • Industry ecosystem analysis
      • ValueChain Analysis
    • Industry impact and forces
      • Growth Drivers
      • Challenges &Restraints
      • Opportunities
    • Disruptive Technological Analysis
    • Regulatory framework
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
    • Growth potential analysis, 2019
    • Porter’s Five forces analysis
    • Pricing Analysis
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. COVID – Impact Analysis
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  2. Food Safety Testing Market, By Target Tested, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • GMOS
  • Pathogens
  • Pesticides
  • Allergens
  • Mycotoxin
  • Heavy Metals
  • Others
  1. Food safety testing Market, By Technology, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Traditional Technology
  • Rapid Inspection Technology
  1. Food safety testing Market, By Application, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Dairy & Dairy Products
  • Meat, Poultry & Seafood Products
  • Processed Food
  • Beverages
  • Cereals & Grains
  • Others
  1. Food safety testing Market, By Region, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • North America Market Size & Forecast To 2026
    • Market Overview
    • COVID-19 Impact
    • By Target Tested
    • By Technology
    • By Application
    • By Country
      • USA
        • By Application
      • Canada
      • Mexico
    • South America Market Size & Forecast To 2026
      • Market Overview
      • COVID-19 Impact
      • By Target Tested
      • By Technology
      • By Application
      • By Country
        • Brazil
          • By Application
        • Argentina
        • Chile
        • Rest of South America
      • Europe Market Size & Forecast To 2026
        • Market Overview
        • COVID-19 Impact
        • By Target Tested
        • By Technology
        • By Application
        • By Country
          • UK
            • By Application
          • Germany
          • France
          • Italy
          • Rest of Europe
        • APAC Market Size & Forecast To 2026
          • Market Overview
          • COVID-19 Impact
          • By Target Tested
          • By Technology
          • By Application
          • By Country
            • China
              • By Application
            • India
            • Japan
            • South Korea
            • Australia
            • Rest of APAC
          • Middle East & Africa Market Size & Forecast To 2026
            • Market Overview
            • COVID-19 Impact
            • By Target Tested
            • By Technology
            • By Application
            • By Country
              • Saudi Arabia
                • By Application
              • UAE
              • Qatar
              • Kuwait
              • South Africa
              • Rest of Middle East & Africa
  1. Competitive Landscaping
    • Competitive Benchmarking
      • Market Share Analysis, 2019
      • Global Presence and Growth Strategies
        • Mergers & Acquisitions
        • New Product Launches
        • Investments Trends
        • R&D Initiatives
  1. Company Profile
    • RJ Hill Laboratories
      • Company Overview
      • Financial Overview
      • Product Portfolio
      • Recent Developments
      • SWOT Analysis
      • Strategic Outlook
    • SGS
    • Intertek
    • Bureau Veritas
    • Eurofins
    • ALS Ltd.
    • TUV SUD
    • Merieux
    • TUV Nord Group
    • AsurQuality
    • Microbac Laboratories
    • FoodChain
    • Romer Labs
    • Symbio Laboratories
  2. Appendix
    • Interrelated Market

Research Methodology

1.1     Research Methodology

The process of market research at PAN Market Consulting is very intuitive being iterative in nature and usually follows the path where Information gathered from secondary research is used to build data models, which are than validated from primary participants. Then same cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new information type is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the product/services. The revenue generated from the sales of product/services has been calculated through primary and secondary research. The report also analyses the key players operating in the market at the global level which are identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes product segmentation determined using secondary sources and verified through primary sources.

1.2     Secondary Research

The secondary research source that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The source for secondary research includes but is not limited to Factiva, Hoovers and Statista

SecondaryResearch

1.3     Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following end users:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4     Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data products to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, product stage & infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

ResearchMethodology1

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach whereas it acts as starting point for top-down approach.

ResearchMethodology2

Please share your details to receive a sample copy of the report

Single User : $3750
Multi User : $6100
Buy Now

 

Why Choose Us

  • 24*7 Post Sales Support
  • Speak to Analyst for Presentations
  • 15% Free Customization
  • Global, Regional & Country level reports
  • Special Discounts for Startups & Educational Institutions

Questions ?

  • What is 15% Free Customization?
  • What is Report Subscription?
  • What is the Delivery Time of the Report?

What You Get

Data Excel Sheets

Report in PDF

Report Subscription

Analyst Support

What's Included

Market Intelligence

Competitive Intelligence

Opportunities and Challenges

Strategic Recommendations