Food Safety Testing Market Analysis & Opportunity Outlook 2023-2035

Global Food Safety Testing Market Size, Forecast, and Trend Highlights Over 2023 - 2035

The global food safety testing market is estimated to garner a revenue of USD 50 Billion by the end of 2035 by growing at a CAGR of ~8% over the forecast period, i.e., 2023 – 2035. Further, the market generated a revenue of USD 20 Billion in the year 2022. The growth of the market can be attributed to the increasing number of people concerned about food quality and safety. A study of around 8500 people in different nations, including Australia, Brazil, China, France, India, Nigeria, Pakistan, Russia, and the United States that around 60% of people were concerned about the sanitary and safety of the food they purchase and they believe that food safety is equal to a healthy life. This is especially true in China, where 80% of respondents associated safe food with being healthy.

In addition to these, factors that are believed to fuel the market growth of food safety testing include the rising cases of foodborne illness and the increasing sensitivity of people towards food. Food safety testing is essential for identifying the allergen component in the product as well as to increase the shelf life of the final product to reduce the attack of the pathogen. Food allergies are becoming more common worldwide and can be exceedingly dangerous, even fatal. Around one in every four persons who are unfortunate enough to develop a food allergy, no matter how mild, are expected to eventually have a serious reaction. Moreover, from around 1,015 admissions in 2013 to nearly 1,746 entries in 2019, the number of hospital admissions for children due to anaphylaxis caused by food increased by approximately 72% in England.

Global Food Safety Testing Market: Growth Drivers and Challenges

Growth Drivers

Rising Global Trade of Food – Food testing ensures that food quality matches the global parameters before trading. It is important to be transparent about product validation during international trade. According to a new report released today by the Food and Agriculture Organization of the United Nations, exports from emerging and developing nations are increasing and make up more than one-third of global exports. Moreover, the world's agri-food trade has increased by more than twofold since 1995, reaching USD 1.5 trillion in 2018.
Higher Cases of Foodborne Illness – Food testing prevents the risk of foodborne illness and any hazards related to it. According to the World Health Organization, every year, 420 000 people worldwide die and an estimated 600 million get sick from eating spoiled food, resulting in 33 million years of healthy life. Moreover, 40% of foodborne disease deaths occur in children under the age of five, which results in 125 000 deaths annually.
Technological Advancement of Food Safety– New innovation and the introduction of advanced technologies is expected to bring lucrative opportunities for market growth. For instance, in November 2020, the FOSS organization announced the launch of targeted-adulteration models, that enables milk testing facilities to design test equipment to identify the cause of milk adulteration by checking the samples of raw milk. Which further improves food safety in the dairy supply chain.
Growing Popularity of Processed Food– To identify the accurate time of processed food is difficult, therefore it is important to regulate its shelf life through food testing. Nearly two-thirds of the world's population will reside in urban areas by 2050, which will increase demand for processed foods and meat protein. In Asia, protein intake will have increased by approximately 128%.
Rising Public Concern for Food Safety – with the rising concern associated with food safety, food testing has become crucial to ensure the safety of the food. A study has observed around a 10% increase in global worry about food safety and future food supply in 2020, which is now at nearly 40%, up from about 30% in 2019. Furthermore, more than 50% of consumers consider increasing food safety to be not only the manufacturers’ responsibility despite the most urgent problem that needs to be addressed.

Challenges

Lack of proper facility in food testing infrastructure- food safety testing is crucial for the health of the people, and it is important that testing should be performed at competent laboratories which are equipped with standard lab equipment. Moreover, these laboratories should be kept clean in order to obtain correct findings for food tests. There are many food testing facilities that lack the necessary infrastructure, adequate water, the latest technologies, and standardized procedure of testing. These drawbacks are likely to hamper the market growth.
High cost of food safety equipment and their maintenance
Shortage of technical expertise among small enterprises

Global Food Safety Testing Market Segmentation

The global food safety testing market is segmented and analyzed for demand and supply by application into dairy products, bakery & confectionary, processed & packages food, infant food, functional food, meat & poultry products, alcoholic & non-alcoholic beverages, and seafood. Out of the eight applications of food safety testing, the meat & poultry segment is estimated to gain the largest market share in 2035. The growth of the segment can be attributed to the rising production of meat and poultry. Food safety testing is consequently essential for meat and poultry owing to their potential for harm if handled poorly, as raw meat, lab-grown meat, and eggs are referred to as high products. Over 86 million eggs were produced in 2021, and 87 million in 2021 across the globe. The volume of eggs produced globally has increased by more than 100% since 1990. In addition to this, according to the OECD-FAO Agricultural forecast the world's meat supply would increase and probably reach 374 Mt by 2030. Increased productivity per animal and extension of the herd and flock are projected to be the majority in the Americas and China.

The global food safety testing market is also segmented and analyzed for demand and supply by target test into pathogens, allergens, residues & contaminants, GMO, chemical & nutritional, shelf life, and others. Amongst these seven segments, the pathogens segment is expected to garner a significant share in the year 2035. Food testing is mainly done to ensure any sort of pathogen attack on the food. Sometimes in contaminated food, pathogens are accidentally consumed along the food as it creates a toxin when sits for a longer period on a food. Moreover, the pathogen can also cause foodborne diseases in the human host. The segment growth is mainly expected on the account of foodborne illness causes by pathogens and its adverse effects on socio-economic conditions. The World Health Organization asserts that foodborne illnesses hinder socioeconomic growth by damaging international trade, tourism, and country economies. Moreover, it also put a strain on the healthcare system. In low- and middle-income nations, unhealthy food costs USD 110 billion annually in lost productivity and medical costs.

Our in-depth analysis of the global food safety testing market includes the following segments:

By Technology	Traditional Rapid
By Target Test	Pathogens Allergens Residues & Contaminants GMO Chemical & Nutritional Shelf Life Others
By Application	Dairy Products Bakery & Confectionary Processed & Packages Food Infant Food Functional Food Meat & Poultry Products Alcoholic & Non-Alcoholic Beverages Seafood

Global Food Safety Testing Market Regional Synopsis

The European food safety testing market, amongst the market in all the other regions, is projected to hold the largest market share of around 31% by the end of 2035. The growth of the market can be attributed majorly to the rising production of milk in the region. Nutritional labeling is important for the milk, for which food testing is done on the composition of the milk at various stages to guarantee fat management and identity requirements are met. According to Eurostat, in 2021, the European Union generated 161 million tons of raw milk. Additionally, in 2021, the average apparent milk yield per cow in the EU was 7,682 kg. Furthermore, the diet of Europeans includes a significant amount of seafood as a source of their protein. Therefore, market growth is also expected on the account of high consumption of seafood. The average European consumes about 3.3 kg more fish or seafood than the rest of the globe, or about 24 kg each year. Moreover, the most consumed seafood is salmon, tuna, and cod.

The Asia Pacific food safety testing market, amongst the market in all the other regions, is projected to hold the second largest share of nearly 23% during the forecast period. The growth of the market can be attributed majorly to the increasing cases of foodborne illness. In China, poisonous mushrooms continue to be a serious issue, as they were responsible for the majority of outbreaks and fatalities this past year. There was a total of around 7,000 foodborne outbreaks in 2020, which led to nearly 37,000 illnesses and about 143 fatalities. In addition to this, in India, every year around 100 million foodborne illnesses, and nearly 120,000 foodborne illness-related fatalities are reported. Moreover, around 8 million people lose their life after a prolonged disability caused by foodborne illness.

Further, the market in North American, amongst the market in all the other regions, is projected to hold a significant share of 19% by the end of 2035. The growth of the market can be attributed majorly to the increasing prevalence of food allergies. By 2021, there were roughly 20 million food-allergic Americans, of which 16 million are adults and the remaining 4% are children. Moreover, in the same year, almost 1 million persons in the United States were identified as being severely allergic to sesame. Besides this, among children, milk stands as the top allergic food followed by peanuts and eggs. Furthermore, the rising consumption of meat and poultry, and processed food is also expected to boost the market growth in the region. In 2021, around 30 billion pounds of beef were consumed in the United States

Food-Safety-Testing-Market-regional

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Top Featured Companies Dominating the Global Food Safety Testing Market

DTS Food Assurance
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

AssureQuality
Eurofins Scientific SE
Bureau Veritas
SGS Societe Generale de Surveillance SA
Intertek Group Plc.
Covance Inc.
Merieux NutriSciences Corporation
Microbac Laboratories, Inc.
EMSL Analytical Inc.

In The News

Intertek Group Plc. announce the acquisition of Brasil Laboratório de Análises de Alimentos S.A, a leading food testing company. Through this acquisition, Intertek plans to expand its reach into the agri-food & beverage market in Brazil and enable end-to-end Total Quality Assurance (TQA).
Eurofins Scientific SE a leading player in the food testing industry has signed a contract to sell its Digital Testing division to Stirling Square Capital Partners ("Stirling Square") for USD 234 million in cash and debt-free terms.

Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the global food safety testing market?

Ans: Increasing incidences of foodborne illness, rising concern towards food safety, growing international trade of food, and introduction of advanced technologies in food testing are the major factors driving the market growth.

2) What would be the CAGR of global food safety testing market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~8% over the forecast period, i.e., 2023 – 2035.

3) What are the challenges affecting the global food safety testing market growth?

Ans: Lack of technologies and skilled technicians followed by the high cost of deploying machinery is estimated to be the growth hindering factors for the market expansion.

4) Which region will provide more business opportunities for growth of global food safety testing market in future?

Ans: The market in the Europe region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

5) Who are the major players dominating the global food safety testing market?

Ans: The major players in the market are Assure Quality Limited, Eurofins Scientific SE, Bureau Veritas S.A., SGS SA, Intertek Group Plc., Covance Inc., Silliker, Inc., Microbac Laboratories, Inc., EMSL Analytical Inc., and DTS Food Laboratories.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the food safety testing market?

Ans: The market is segmented by technology, target test, application, and by region.

8) Which segment captures the largest market size in the application segment in the food safety testing market?

Ans: The meat & poultry segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Base Year	2022
Forecast Year	2023-2035
CAGR	~8%
Base Year Market Size (2022)	~ USD 20 Billion
Forecast Year Market Size (2035)	~ USD 50 Billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)