Food Safety Testing Market Research: 2023 Value was 19.5 Billion and CAGR Growth Reached approximately 19.5% By 2030

MarkNtel Advisors – Leading Market Research Company found Global Food Safety Testing Market is expected to reach 19.5% CAGR Growth.

Global Food Safety Testing Market Report Overview

Markntel Advisors –Market Resarch Company latest Global Food Safety Testing Market report By Testing Type (Allergen Testing, Residues and Contamination Testing, GMO Testing, Mycotoxin (Fungi) and Microbiological Testing, Pathogen Testing, Toxic Heavy Metals Testing, andOthers (Chemical or Nutritional Testing)), By Technology (Traditional Technology, Rapid Technology [Molecular Detection System (MDS), Rapid pathogen testing technology, Rapid Antibody-based Technology]) and region [2024-30] has undertaken a thorough examination of the Food Safety Testing Market size, share, growth, demand, top companies and industry value by 2030. This market research analysis proves valuable for individuals making data-driven decisions, including business owners and analysts. Whether your goal is to venture into new markets, launch a new product, or stay ahead of competitors, our research report on the Food Safety Testing Market provides well-researched facts and figures pertaining to the industry.

Food Safety Testing Market Value Assessment

The Global Food Safety Testing Market size was valued at around USD 19.5 billion in 2023 & is expected to grow at a CAGR of around 7.90% during the forecast period, i.e., 2024-30. The growth of the market is projected to be driven mainly by rising consumer concerns over food safety, the mounting incidence of foodborne diseases, significant improvements in inspection technologies, and the growing contamination of various food products. Besides, the implementation of stringent rules by different regulatory bodies worldwide on food safety to minimize the adverse effects of contaminated food is another prominent aspect expected to boost the Food Safety Testing Market share in the forecast years.

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Driving Force Behind the Surge of Food Safety Testing Market

Rapidly Rising Cases of Food-borne Illnesses Worldwide - The world is witnessing a swiftly increasing number of individuals being diagnosed with food-borne illnesses, i.e., the primary aspect projected to drive the Global market during 2024-30. The major reason behind the rising incidence of these illnesses is the consumption of spoiled, contaminated, or expired food items with various microorganisms like fungi, bacteria, viruses, & parasites, among others. Consequently, there's a burgeoning demand for advanced food testing kits, equipment, and systems, which are accurate & can provide quick results in real-time, i.e., projected to stimulate the growth of the food safety testing industry in the years to come.

Food Safety Testing Market Global Reach:

On Geographical Scale, the Market Expand Across the:  

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Prominent Segments in the Global Food Safety Testing Market

The Food Safety Testing Market displays a notable combination of robustness and fragmentation, featuring various segments each further subdivided into various sub-segments. Recognizing the significance of market segmentation is crucial for businesses aiming to tailor their strategies, products, and services to align with the specific needs and demands of their target customers. A thorough analysis of market segments and their associated sub-segments empowers businesses to pinpoint new growth opportunities, predict market trends, and devise impactful marketing and sales strategies.

The Global Food Safety Testing Market is segmented as follows:

 By Testing Type

  • Allergen Testing- Market Size & Forecast 2019-2030, USD Million
  • Residues and Contamination Testing- Market Size & Forecast 2019-2030, USD Million
  • GMO Testing- Market Size & Forecast 2019-2030, USD Million
  • Mycotoxin (Fungi) and Microbiological Testing- Market Size & Forecast 2019-2030, USD Million
  • Pathogen Testing- Market Size & Forecast 2019-2030, USD Million
  • Toxic Heavy Metals Testing- Market Size & Forecast 2019-2030, USD Million
  • Others (Chemical or Nutritional Testing) - Market Size & Forecast 2019-2030, USD Million

By Technology

  • Traditional Technology- Market Size & Forecast 2019-2030, USD Million
  • Rapid Technology - Market Size & Forecast 2019-2030, USD Million
    • Molecular Detection System (MDS) - Market Size & Forecast 2019-2030, USD Million
    • Rapid pathogen testing technology- Market Size & Forecast 2019-2030, USD Million
    • Rapid Antibody-based Technology- Market Size & Forecast 2019-2030, USD Million

By Application

  • Food- Market Size & Forecast 2019-2030, USD Million
    • Dairy Products- Market Size & Forecast 2019-2030, USD Million
    • Fruits & Vegetables- Market Size & Forecast 2019-2030, USD Million
    • Seafood, Meat, and Poultry- Market Size & Forecast 2019-2030, USD Million
    • Processed Food- Market Size & Forecast 2019-2030, USD Million
    • Cereals & Grains- Market Size & Forecast 2019-2030, USD Million
    • Others (Nuts and seeds) - Market Size & Forecast 2019-2030, USD Million
  • Beverages- Market Size & Forecast 2019-2030, USD Million
    • Water- Market Size & Forecast 2019-2030, USD Million
    • Alcoholic Drinks- Market Size & Forecast 2019-2030, USD Million
    • Milk Adulteration- Market Size & Forecast 2019-2030, USD Million

Access Full Insight of Study [Include Description + TOC], - https://www.marknteladvisors.com/research-library/global-food-safety-testing-market.html

Leading Food Safety Testing Companies and Their Geographical Dominance

The report delves into key market players and thoroughly examines their strategic approaches, trends, innovations, and manufacturing infrastructure to project their anticipated market presence over the next five years. The researched data has the capability to differentiate even novice entrants in the long term. Armed with pertinent data and actionable insights, our research report presents a comprehensive landscape of the market, empowering investors and stakeholders to establish a robust position in the Food Safety Testing market. Highlighted in the research report are major players, including:

 > The 3M Company

 > Agilent Technologies

 > ALS

 > Bio-merieux SA

 > Bio-Rad Laboratories

 > Bureau Veritas

 > Eurofins Scientific

 > Genetic ID NA Inc

 > Intertek Group

 > Merck Group

 > Merieux NutriSciences

 > Neogen Corporation

 > Qiagen Corporation

 > SGS S.A.

accompanied by their respective net worth and valuation in USD.

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Key Questions Answered in this Food Safety Testing Market Analysis Report

  • What is the current size of the Food Safety Testing Market, and what factors contribute to its growth or contraction?
  • How does the Food Safety Testing Market share compare among key players, and what strategies are they employing to gain a competitive advantage?
  • What latest trends are emerging in the Food Safety Testing Market, and how are these trends expected to evolve in the foreseeable future?
  • What is the demand outlook for the Food Safety Testing Market, and how is it influenced by industry-specific factors and broader economic trends?
  • What opportunities exist in the Food Safety Testing Market for investors, and what are the latest investment trends and preferences in this sector?

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