Food safety products and testing refers to the testing of food in order to detect the presence of disease-causing organism or other harmful products in the food. They are majorly used in processed and ready-to-eat food products. On the basis of technology used, the Food Safety Products and Testing Market is classified into q-PCR-based testing and d- PCR-based testing.
Global food safety products and testing market was valued at US$ 859.1 Million in 2021 in terms of revenue, exhibiting a CAGR of 9.6% during the forecast period (2022 to 2030).
Drivers
The rising prevalence of foodborne disease around the globe is expected to augment the market growth of food safety products and testing. According to the World Health Organization, an estimated 600 million, almost 1 in 10 people in the world, fall ill after eating contaminated food and 420, 000 die every year. Diarrhoeal diseases are the most common illnesses resulting from the consumption of contaminated food, causing 550 million people to fall ill and 230, 000 deaths every year.
Increasing use of pesticides in order to eliminate the pests which destroy the crop yield is expected to fuel the market growth. These pesticides are mainly used to enhance the yield of the crop but they also contain toxic chemicals and their overuse can cause various health issues such as Alzheimer, asthma, amyotrophic lateral sclerosis and others. Consumption of food that has pesticide residues may lead to various chronic diseases such as cancers, diabetes, birth defects and others. Hence, food testing technologies are used to detect the presence of pesticide residue in the crop.
In terms of revenue, Europe is expected to dominate the market growth over the forecast period in the global Food Safety Products and Testing Market. Europe region has numerous food safety issues including misuse of antibiotics, hormones and steroids in farm animals. To combat such issues, food safety policies have been emphasized from European Union Reference Laboratories, National Reference Laboratories and Control Laboratories. These authorities provides guidelines for food safety and therefore play an important role in protecting the health of consumers and ensuring the quality of food across the supply chain. In 2021, Europe accounted for 36.7% share in terms of value, followed by North America and Asia Pacific, respectively.
Figure 1. Global Food Safety Products and Testing Market Value Share (%), By Region, 2021
Market Restraints
Lack of proper regulatory guidelines for the sale and cultivation of genetically modified organism (GMO) food products is expected to hinder the market growth. Moreover, different regions have different guidelines for the trading of food and agriculture products. Complexities associated with the food testing techniques are also expected to restrict the market growth. Furthermore, lack of awareness regarding the food testing solutions among food manufacturers of the emerging economies is expected to hamper the market growth.
Food Safety Products and Testing Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2021 | Market Size in 2021: | US$ 859.1 Mn |
Historical Data for: | 2017 to 2020 | Estimated Year: | 2022 |
Forecast Period 2022 to 2030 CAGR: | 9.6% | Forecast Period: | 2022 to 2030 |
Geographies covered: |
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Segments covered: |
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Companies covered: |
Intertek Group Plc, SGS SA, Eurofins Scientific SE, Thermo Fisher Scientific, Inc., ALS Limited, Asurequality Limited, Bio-Rad Laboratories, Inc., and Bureau Veritas SA. |
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Growth Drivers: |
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Restraints & Challenges: |
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Market Trends
Growing health wellness trend is driving demand for food safety solutions, thereby fuelling the market growth. Rapid urbanization, economic development, and growing disposable income of the consumers are positively shaping the food & beverage industry growth. Additionally, the growing popularity of convenience food products coupled with the growing government initiatives to reduce the prevalence of the foodborne disease would further favor the market growth. Furthermore, growing consumption of frozen meals and ready to eat food products is the current trend in market due to hectic lifestyle and an increasing number of female population. This is expected to augment the market growth of food safety and product testing over the forecast period.
Figure 2. Global Food Safety Products and Testing Market Value Share (%), By End-Use, 2021
On the basis of End-Use, Food segment dominated the Global Food Safety Products and Testing Market in 2021, accounting for 56.5% share in terms of value, followed by Agriculture and Environment. Food segment is dominating the market due to growing demand for different types of products such as processed food, restaurant meals, convenience food products, and others. Processed food has higher shelf life and therefore requires more testing to ensure that it can be preserved without any contamination. This is driving the growth of End-Use segment over the forecast period.
Recent Developments
Competitive Section
Major players operating in the global food safety products and testing market include Intertek Group Plc, SGS SA, Eurofins Scientific SE, Thermo Fisher Scientific, Inc., ALS Limited, Asurequality Limited, Bio-Rad Laboratories, Inc., and Bureau Veritas SA.
Frequently Asked Questions
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