Global Food Safety Testing Market – Industry Trends and Forecast to 2028

Roadmap

Landscape

on type and applications

Value Chain Analysis

on Major Trends

by Top Market Players

Analysis

Safety Testing Market

Global Food Safety Testing Market was valued at USD 15.19 billion in 2021 and is expected to reach USD 25.20 billion by the year 2028, at a CAGR of 7.5%.

The food & beverages industry has witnessed considerable changes over the past couple of decades, owing to two main factors, including evolving consumer preferences and advancements in technology. At present, food safety, hygiene, and other parameters linked with food quality have garnered considerable attention and the trend is likely to continue over the upcoming years due to increasing consumer awareness pertaining to food safety, quality, and more recently, the outbreak of the COVID 19 pandemic. In addition, new technologies and food safety concepts & guidelines are expected to play an imperative role in transforming the food safety sphere in the upcoming years.

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Key Prominent Players In The Food Safety Testing Market:

• SGS SA (Switzerland)

• Eurofins Scientific (Luxembourg)

• Intertek Group plc (UK)

• Bureau Veritas (France)

• ALS Limited (Australia)

• TÜV SÜD (Germany)

• NSF International (US)

• Neogen Corporation (US)

• AsureQuality Ltd (New Zealand) and other major players.

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Market segmentation

The Food Safety Testing market is segmented by type and application. Growth between segments over the period 2022 2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

Food Safety Testing Market Segment by Types, Estimates, and Forecast by 2028

• Pathogen

• Allergens

• Gmo

• Mycotoxins

• Others

Food Safety Testing Market Segment by Applications, Estimates, and Forecast by 2028

• Bakery & Confectionary Products

• Meat & Meat Products

• Seafoods

• Dairy & Dairy Products

Safety Testing Market

• Others

Regional Analysis for COVID 19 Outbreak Global Food Safety Testing Market:

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)

• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)

• North America (U.S., Canada, and Mexico)

• South America (Brazil, Chile, Argentina, Rest of South America)

• MEA (Saudi Arabia, UAE, South Africa)

Food Safety Testing Report provides insights into the following queries:

1.Market growth rate and growth momentum of Food Safety Testing market for the period 2022 2028

2. The estimated size of the Food Safety Testing market for the period 2022 2028

4. Sales (volume), revenue, and value analysis by regions of Food Safety Testing market

5. The associated market risk, opportunity, and market overview of the Food Safety Testing market

6. Major distributors, dealers, end users, and traders of the Food Safety Testing market?

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This study conducts a SWOT analysis to evaluate the strengths and weaknesses of key players in the Food Safety Testing market. Additionally, the report performs a complex inspection of drivers and restraints operating in the market. The report also evaluates the observed trends in the parent market along with macroeconomic indicators, dominant factors and market attractiveness in relation to other segments. The report forecasts the impact of various industry aspects on the Food Safety Testing market segments and regions.

Important Facts About This Market Report:

• This research report reveals this business overview, product overview, market share, demand and supply ratio, supply chain analysis, and import/export details

• The Industry report captivates different approaches and procedures endorsed by the market key players to make crucial business decisions

• This research presents some parameters such as production value, marketing strategy analysis, Distributors/Traders and effect factors are also mentioned

• The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed

• The import and export details along with consumption value and production capability of every region is mentioned in the report

• Porter’s five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth

• The report provides the clients with the facts and figures about the market on the basis of evaluation of the industry through primary and secondary research methodologies

For a deeper understanding of the market, the study also analyses revenue and sales by region, production costs, the industrial chain, market effect factors, Food Safety Testing industry data & graphs, bar & pie charts, tables, and much more. Segmentation analysis is crucial for creating a growth map. As a result, providers can quickly develop plans and maintain supply demand equilibrium in the global market for Food Safety Testing.

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Key Industry Developments

In October 2020, Eurofins Scientific, in collaboration with Nestle Research (Lausanne, Switzerland), innovated a new method for the identification of fructus in infant formulas and adult nutrition. The method has received official standard status from the major organizations in standardization such as AOAC, ISO, CEN, and IDF.

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We are a technology driven research company with strategic analysis. We analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. Our core niches are performing regional demand and estimation and forecasting, Manufacturing and Product sourcing strategy, Competitive and Landscape Analysis, Cost Benefits, Demand Supply Analysis, Mergers and Acquisitions.

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