The Global Market for Food Safety Testing Services is Projected to Reach US$19 Billion by 2022
Concerns over Food Borne Illnesses & Strict
Regulatory Guidelines Fuel Growth in the Global Food Safety Testing Market,
According to a New Report by Global
Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global Food Safety Testing market. The global market for Food Safety Testing services is
projected to reach US$19 billion by 2022,
driven by the increasing focus on food quality; legislation of stringent
government food safety regulations; advances in food testing technologies and commercial
availability of rapid screening tests.
Food safety has become a
major concern for public health systems across the globe. Over the years, there
has been a steady increase in the incidence of foodborne illnesses and
poisoning due to food contamination caused by improper handling, storage and
processing. Rising incidence of food contamination have led consumers and
governments to become vigilant about the safety and health of food products. Virtually
every country has formulated and adopted stringent regulations aimed at
ensuring safety and quality of food products. Growing concerns and awareness over
the importance of food safety is fuelling demand for food safety testing
services. Currently, an expanding range of food safety testing technologies is
becoming available for assessing the quality and safety of foods all through
the food supply chain.
Also driving growth in the
market is the technological shift towards rapid microbial tests. With consumers
demanding information about sourcing, processing and safety of foods, testing
services have become essential for food manufacturers and distributors. Contamination
of the food chain and the ensuing need for continuous monitoring for the presence
of natural toxicants, mycotoxins and residues of unauthorized substances will benefit
adoption of food testing services. The increasing adoption of protected
agriculture and precision farming practices and globalization of food trade are
driving focus on the development of new and improved food safety testing
techniques. Rapid growth of food trade in developing nations and the need to
comply with quality standards of importing nations are also driving demand for
food safety testing services. Pathogen testing represents a large market supported by the inherently high risk of contamination
of food by pathogenic microorganisms at every point in the food chain right
from production conditions, farm environment, during processing, handling,
preparation to cross-contamination by contact with other foods in the plant. This
thereby warrants continuous design, implementation and validation of effective contamination
prevention programs wherein food safety testing will play a pivotal role. Sustained
demand for precise and efficient pathogen detection modalities capable of
protecting the entire food supply chain is expected to foster growth in the
pathogen testing market.
As stated by the new
market research report on Food Safety Testing, Europe represents the largest market worldwide. Asia-Pacific is
forecast to register the fastest CAGR of 8.5% over the analysis period led by growing
population, escalating demand for food, strong emphasis on food security and
safety in emerging markets such as China and India as important aspects of the
right to food; increasing consumer awareness over healthy food options and the
ensuing improvement in industrial hygiene standards in food processing; efforts
of regulatory bodies to ensure safety of food products and manufacturers’
efforts aimed at preventing contamination of food products.
Major players covered in
the report include ALS Limited, Bureau Veritas S.A., DTS Food Laboratories,
Charles River Laboratories International Inc., Covance Inc., Eurofins
Scientific, Genetic ID NA Inc., ifp Institut für Produktqualität GmbH,
International Laboratory Services, Intertek Group PLC, Mérieux NutriSciences,
Microbac Laboratories Inc., Neogen Corporation, Romer Labs Inc., and SGS SA,
among others.
The research report titled
“Food Safety Testing: A Global Strategic Business
Report” announced by Global Industry
Analysts Inc., provides a comprehensive
review of market trends, issues, drivers, mergers, acquisitions and other
strategic industry activities of global companies. The report provides market
estimates and projections for all major geographic markets such as the US,
Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of
Europe), Asia-Pacific (China and Rest of Asia-Pacific), Middle East &
Africa and Latin America. The market is analyzed by Testing Type (Pathogen Testing, Pesticide Testing, GMO
Testing and Other Testing), and End-Use Sector (Processed Food, Dairy, Meat and Others).
Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA,
All Rights Reserved.
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