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Food Safety Testing Market Report Overview
The study analyses the existing and future circumstances in the Food Safety Testing Market, providing unique insights and up-to-date information across key segments. Within the context of the Food Safety Testing market, the report addresses critical research areas such as revenue generation, sales, and overall income. In order to provide a comprehensive overview, the research includes two separate scenarios that cover the full Food Safety Testing market, including expected Food Safety Testing sales during the projection period.
Industry Analysis and Progression: Food Safety Testing Market size was valued at USD 23.24 Billion in 2023 and the total Food Safety Testing revenue is expected to grow at a CAGR of 8.34% from 2024 to 2030, reaching nearly USD 40.72 Billion by 2030.
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Food Safety Testing Market Report Scope and Research Methodology:
The primary purpose of the Food Safety Testing market study is to provide a thorough analysis in clear and simple terms. The analysis covers all of the major companies and essential features of the Food Safety Testing market, assessing numerous metrics such as volume, share, growth, and strategy. This research not only helps established organisations refine their operating plans, but it also provides strategic recommendations to new entrants. MMR's research delves deeply into the Food Safety Testing market, identifying the leading worldwide businesses based on parameters such as volume, share, strategies, and growth. The research also includes tactics for both existing industry participants and potential Food Safety Testing market entrants. Furthermore, the global research for the Food Safety Testing market provides a detailed breakdown of regional share distribution, as well as an examination of development drivers in each area.
Food Delivery Service Market Growth:
Factors Driving Growth in the Food Safety Testing Market
The growing awareness of safe and healthy food is the primary driver of the Food Safety Testing Market. Customers are growing more aware of their nutritional choices and preferring organic, non-GMO items that promote overall wellness. Consumers are looking for items that cater to special dietary requirements as they become more aware of allergens and other dietary restrictions. The Food Safety Testing Market is being driven by a preference for products marked with few additives, preservatives, and artificial agents, as well as a desire for food testing services to guarantee that products are free of GMOs and other dangerous pollutants. The use of rapid technology such as PCR, LC-MS/MS, and immunoassay produces quick and exact findings.
Food Safety Testing Market Segmentation:
by Food Tested
Meat, Poultry, and Sea Food
Dairy Products
Processed Foods
Fruits and Vegetables
Cereals and Grains
Beverages
by Contaminants Targeted
Pathogens
Chemical Contaminants
Allergens
by Technology
Polymerase Chain Reaction
ImmunoAssay Technologies
Chromatography and Spectroscopy
According to Foods Tested, the Meat, poultry, and seafood segment had the greatest market share of about 30% in the worldwide food safety testing market in 2023. According to the MMR analysis, the category is predicted to rise at an 8.5% CAGR during the forecast period, making it the prominent segment in the food safety testing market. Consumers' health consciousness and increased emphasis on higher protein intake, as well as food safety, reinforced this market segment analysis. Furthermore, the quality of meat, poultry, and fish is determined by its tenderness, firmness, and roughness. While other food products can integrate a range of flavours to earn customer favour, meat, poultry, and seafood rely purely on sensory evaluation.
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Food Safety Testing Market Regional Insights:
Europe dominated the global food safety testing market with the highest market share of over 22% in 2023. The region is expected to grow at a CAGR of 8.34% during the forecast period and maintain its dominance by 2030. Europe is at the forefront of adopting new technologies, raising consumer awareness, and focusing on organic foods driving the food safety testing market. In alignment with European Food Safety Regulations (EFSA), every food-related business is required to obtain food safety certification. There is a strong collaboration between government agencies, research institutions, and industry stakeholders that facilitates the development and implementation of an effective food safety testing market.
Food Safety Testing Market Key Players:
1. SGS S.A.
2. NSF International
3. Eurofins Scientific SE
4. Intertek Group PLC
5. Merieux Nutrisciences
6. TUV SUD
7. UL LLC
8. AsureQuality Limited
9. Bureau Veritas S.A.
10. Intertek Group plc
11. ALS Limited
12. Thermo Fisher Scientific Inc.
13. Mérieux NutriSciences Corporation
14. Neogen Corporation
15. Bio-Rad Laboratories, Inc.
16. PerkinElmer, Inc.
17. Romer Labs Division Holding GmbH
Table of Content: Food Safety Testing Market
Part 01: Executive Summary
Part 02: Scope of the Food Safety Testing Market Report
Part 03: Food Safety Testing Market Landscape
Part 04: Food Safety Testing Market Sizing
Part 05: Food Safety Testing Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Key Offerings:
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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