Global Food Safety Testing Market Size Booming to Cross USD 44.5 Billion by 2029

Published | 01 January 2023

The global food safety testing market is gaining traction due to enterprises’ growing focus on complying with stringent food safety regulations and standards aiming to curb the increased frequency of food-borne diseases.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimates the global food safety testing market size at USD 24.36 billion in 2022. During the forecast period between 2023 and 2029, the global food safety testing market size is projected to grow at a significant CAGR of 8.9% reaching a value of USD 44.53 billion by 2029. The global food safety testing market is expanding at a significant growth rate due to factors such as the increased frequency of food-borne diseases, which has prompted governments in various nations to enact strict food safety standards to safeguard consumers. To comply with the safety requirements of the importing country, food companies are also incorporating food safety testing into various stages of their processing and packaging. It is projected to expand the market's potential during the period in analysis. However, a lack of supporting infrastructure and synergy among market stakeholders may act as a substantial restraining factor for the growth of global food safety testing market.

Global Food Safety Testing Market – Overview

According to Sigma Test Research Centre, “Food safety testing laboratories and food companies constantly conduct food safety tests to ensure that the product produced by them is edible using microbiological analysis.” Some of the most commonly used food safety testing methods are chemical methods, microbiological and biological methods, macro analytical methods, FDA food program methods, and laboratory quality management methods. Food safety testing ensures the quality of the food along with preventing the spread of contamination that can put the consumer’s health at risk.

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Segment Information

Global Food Safety Testing Market – By Food Categories

Based on food categories, the global food safety testing market is segmented into meat, poultry, dairy, processed foods, fruits & vegetables, cereals & grains, and others. The meat segment accounts for the highest market share owing to the increasing prevalence of zoonotic diseases worldwide. The exposure to various pathogens from animal meat, such as campylobacter, salmonella, verotoxigenic, and other pathogenic escherichia coli (E. coli), and yersinia, not only puts the consumers health at risk but also endangers meat workers of cross-contamination. Therefore, the food safety testing of meat is being mandated in different regions. It is boosting the growth of the segment.

Impact of COVID-19 on the Global Food Safety Testing Market

Due to the rapid rise in zoonotic disease prevalence during the COVID-19 pandemic, the need for food testing increased significantly. Consumers are getting more conscious of packaged and processed foods. As a result, the producers subject their goods to different food safety examinations to keep up with the standards and guard against contamination and the transmission of contagious diseases. As a result, it is projected that throughout the forecast period, demand for testing for food safety would soar. It is owing to the strict government restrictions enacted in the wake of the COVID-19 pandemic, which require nearly every level of the food business that deals with food, from producers to suppliers, to submit to food safety testing.

Competitive Landscape

Major players operating in the global food safety testing market include SGS SA, Eurofins Scientific, Intertek Group plc, Bureau Veritas, ALS Limited, TÜV SÜD, Symbio Laboratories, QIMA, Pacific Lab, Ugene Laboratory Services Pte Ltd., Mérieux Nutrisciences, FOOD SAFETY NET SERVICES, NEOGEN CORPORATION, Adpen Laboratories, Inc., Cotecna Inspection SA, Spectro Analytical Labs Limited, NSF International, R J Hill Laboratories Limited, and Symbio Laboratories. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Global Food Safety Testing Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Food Safety Testing Market and industry insights to help decisionmakers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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