Market Research Future (MRFR) speculates that the global food safety testing market is likely to demonstrate a CAGR of 7.2% during the forecast period (2015-2025) owing to the rising concern for food contamination. Food safety testing is referred to as a technical method which is used to perform development works, product storage in order to prevent foodborne diseases, and handling of products. Food safety testing is generally performed under the supervision of experts which constantly tracks the ongoing process. The process is mainly performed to maintain the food quality and prevent it from unwanted diseases which can occur in the form of toxicity, illness, and poisoning.
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Factors substantiating the market growth include the stringent food safety regulations, the increasing number of food poisoning outbreaks, and spreading consumer awareness towards food safety and its implications. Simultaneously, the trend of globalization in food supply trade is expected to create huge traction in the food safety testing market further.
Inadequate cooking, poor handling, and improper storage systems lead to contamination. Besides, the factors such as the requirement of implementation of quality measures in the bakery products, dried processed products, ready to eat meals, infant diet, and preserved & canned food products owing to its easy contaminant retention nature drives the market growth to an extent
Global Food Safety Testing Market – Segments
The MRFR analysis is segmented into four key dynamics for the convenience of understanding;
By Contaminants Detection : Comprises Pathogens, GMOs, Pesticides, and Toxins, among others.
By Testing Technology : Natural (plants & animals) and Synthetic among others.
By Food Type : Meat and Poultry Products, Dairy Products, Fruit & Vegetables, and Processed Foods, among others.
By Region : North America, Europe, APAC and the Rest-of-the-World.
The sub segment – Pathogens, By Contaminants Detections accounts for a significant market share followed by GMOs which hold a considerable market share.
Geographically, the food safety testing market span across regions namely, Europe, North America, Asia Pacific, and the Middle East and Africa.
Considering the global scenario, the North American region is estimated to occupy the largest market share and is likely to retain its dominance in the coming years. The growth in this region is predicted to the burgeoning sectors such as healthcare, food & beverage, pharmaceuticals, hospitals, and personal care. Moreover, the increasing R&D initiatives are anticipated to foster the market growth in this region.
The European region is estimated to occupy the second-largest market share and is likely to expand at a considerable CAGR during the forecast period. The growth is credited to the favorable government initiatives and support. Moreover, the proliferation of the healthcare sector supported by the resurging economy is bolstering the market growth throughout the appraisal period.
The Asia Pacific region is anticipated to expand at a rapid pace and is emerging as one of the lucrative regions across the world. Factors such as strong growth in the F&B industry backed by an enhanced focus on food safety is likely to foster the market expansion. Nations such as India, China, Japan, and Thailand are considered the largest F&B markets and contribute to the market growth.
In February 2018, a mobile food-testing van was launched in Hyderabad which was sanctioned by the Food Safety and Standards Authority of India to maintain hygiene standards and food safety, mainly in eateries.
The prominent players operating the global food safety testing market are Cotecna Inspection SA, Intertek Group Plc, Bureau Veritas, SGS SA, and others.
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