The Global Food Safety Testing Market is projected to reach a value of over USD 30.4billion by 2027 at a CAGR of around 6.4%.
Food safety testing is referred to as the inspection of food products for disease-causing chemicals, organisms, and other hazardous materials. It is generally targeted by three primary food contaminants such as chemicals, genetically modified organisms (GMO), and pathogens. Sales of food that is unfit and potentially harmful and deliberate misdescription of food are two main types of food frauds specified by the Food Standard Agency (FSA). Food safety testing is major and unavoidable factor in the food industry and helps businesses regulate pathogenic bacteria and allergic components to be present in food products.
Market Driver:
Increased outbreaks of foodborne diseases across the globe, various regulatory bodies are implementing stringent food safety regulations to support the demand for food safety testing. According to World Health Organization (WHO), in 2019, almost 1 in 10 persons become ill because of eating contaminated food, and over 420,000 people die every year as a result of food-borne diseases, resulting in the loss of 33 million healthy life years. Factors such as growing complexity in the food supply chain, instances of adulteration, and lack of adoption of proper hygiene and sanitation have increased the instance of contamination of food products resulting in the outbreak of illness and poisoning in humans. This has caused severe concern among producers, end consumers, and regulatory authorities. Owing to these concerns stringent food safety regulations have been imposed by various bodies such as Food and Drug Administration (FDA), ISO, FSSAI, and amongst others. Thus, growing concern regarding the outbreak of foodborne diseases has lead to stringent food safety regulations by various food authorizes, which is further expected to drive the food safety testing market growth.
Market Challenge:
The food processing industry in developing countries is dominated by small-scale regional players and is highly fragmented. In countries such as Cuba, Ethiopia, and Bangladesh lack the basic supporting infrastructure required for setting up of testing laboratories. Moreover, such countries do not have adequate frameworks for food safety testing due to various constraints such as economic instability, limited awareness, and lack of government support. Thus, limited supporting infrastructure in developing countries has expected to hinder the growth of the food safety testing market during the forecasted period.
The report on the food safety testing market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
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Base Year for Market Calculation |
2020 |
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Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
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Measured Units |
Value (USD Million) |
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Segments Included |
Test, Technology, Food Tested, and Region |
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Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Food Safety Testing Market, by Test
Food Safety Testing Market, by Technology
Food Safety Testing Market, by Food Tested
Food Safety Testing Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE FOOD SAFETY TESTING MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
