Chicago, Nov. 01, 2022 (GLOBE NEWSWIRE) — According to MarketsandMarkets™, the “Food Safety Testing Market by Target Tested, Technology (Traditional and Rapid), Foods Tested (Meat, Poultry, Seafood, Dairy, Processed Foods, Fruits & Vegetables, Cereals & Grains), and Region – Global Forecast up to in 2027″, published by MarketsandMarkets, the food safety testing market is estimated at USD 21.1 billion in 2022; it is expected to grow at a CAGR of 8.1% to reach USD 31.1 billion by 2027.
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The meat, poultry and seafood segment by food tested is expected to achieve the highest CAGR growth in the food safety testing market.
One of the major societal concerns has been the safety of meat and meat products, which is defined by a number of issues related to either microbial infections or other issues (whether biological or not), such as food additives, chemical residues, genetically modified organisms, and microbial pathogens. Factors such as an increase in the number of consumers at risk of infection and increased consumer interest, awareness and scrutiny have all been identified as potential explanations for growing meat safety concerns in recent years. One of the major factors driving the growth of the seafood testing services industry is the high demand for seafood products, such as crustaceans, shrimps, crabs, lobsters, tuna, marlin and swordfish, due to their nutritional values such as the presence of omega fatty acids and other essential nutrients.
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By target tested, the pathogens segment is expected to account for the highest market share in the food safety testing market.
The pathogen is the primary cause of food contamination that leads to disease-infected hosts. They are an important part of food contaminants. According to the WHO, Salmonella, Campylobacter and enterohaemorrhagic Escherichia coli are among the most common foodborne pathogens that affect millions of people each year, sometimes with serious and fatal results. The increase in foodborne illnesses, coupled with the growing importance of food safety, has dramatically increased the demand for food safety testing services in recent years.
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The traditional technology segment is expected to account for the second largest market share in the food safety testing market during the forecast period.
Traditional technology finds its application in microbial testing, visual inspection and culture methods. Enzyme immunoassay (ELISA) and culture methods require a minimum of two to three days. The only major drawback of this technology is that it is time consuming. However, the traditional segment is expected to grow gradually, as regular testing is an indispensable part of common food safety testing laboratories.
Europe is expected to achieve the highest market share in the food safety testing market.
High food safety regulations that safeguard the health of consumers and promote the efficient functioning of the European market have been established by the food policy base of the European Union (EU). Different evidence of foodborne illness and food contamination has reduced consumer confidence in the ability of the food industry and food safety authorities. Therefore, food safety policies in Europe follow the “farm to fork” strategy – testing carried out from the raw material sourcing stage to the final distribution stage.
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Main market players
The main players in this market are SGS SA (Switzerland), Eurofins Scientific (Luxembourg), Intertek Group plc (United Kingdom), Bureau Veritas (France), ALS Limited (Australia), TÜV SÜD (Germany), TÜV Nord Group ( Germany), NEOGEN Corporation (USA), Mérieux NutriSciences (USA), AsureQuality (New Zealand), FoodChain ID (USA), RJ Hill Laboratories Limited (New Zealand), Microbac Laboratories, Inc. ( United States), Romer Labs (Austria) and Symbio Laboratories (Australia). These players in this market are focused on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia-Pacific and Europe. They also have manufacturing facilities as well as strong distribution networks in these regions.
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