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Food Safety Testing and Technologies Market, Global Outlook and Forecast 2023-2030

Food Safety Testing and Technologies Market, Global Outlook and Forecast 2023-2030

  • Published on : 03 February 2023
  • Pages :68
  • Report Code:SMR-7550664

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Report overview

Food safety testing and its technology are the scientific analysis of food and its ingredients. This is done to provide information on various properties of the food, including structure, composition and physicochemical properties. The food safety testing and technology industry includes genetically modified food safety testing market, food pathogen testing market, meat form testing market, food authenticity testing market, pesticide residue testing market, mycotoxin testing market, allergen testing market, etc.
Food safety testing techniques are some of the most common analytical laboratory methods used by the Food and Drug Administration (FDA) to ensure food safety testing. Most companies in the food industry also use some of the technologies mentioned below. These include:
PCR technology: An ideal and convenient technology in use for pathogen detection in food industry. PCR is one of the most frequently used technologies. The test enables the detection of a single bacterial pathogen, including E. Coli, Salmonella and Listeria, present in food by detecting a specific target DNA sequence. Aiding to such advantages, various business conglomerates that are involved in the food pathogen testing industry are taking strategic measures to bring forth novel innovations and practices in the space.
ELISA assays: The Enzyme-Linked Immunosorbent Assay (ELISA) method is the most common and preferred technique in detecting food allergens. ELISA methods detect the allergen protein molecule by binding antibodies to the allergen. The samples are processed and change color to confirm the presence of the allergen protein. However, ELISA methods may not provide reliable results depending on the situation. Some food types interfere with the ELISA method or can cause cross-reactivity, as is seen with chocolate or different kinds of nuts. The ELISA method may not be suitable for cooked or heated products, as the protein molecules are destroyed or broken down. The allergen may no longer be detectable but can still cause problems for sensitive individuals.
This report contains market size and forecasts of Food Safety Testing and Technologies in Global, including the following market information:
Global Food Safety Testing and Technologies Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global top five companies in 2022 (%)
The global Food Safety Testing and Technologies market was valued at US$ 19000 million in 2022 and is projected to reach US$ 26190 million by 2030, at a CAGR of 4.7% during the forecast period 2023-2030.
SGS and Intertek Group are the top 2 companies in global food safety testing and technologies market and account for about 10% of total market share. Geographically speaking, Asia Pacific holds about 40% of global market share, followed by North America with about 30% share. In terms of type, microbiological testing segment holds an main share of about 25%. In terms of end users, government users segment accounts for about 67% of the global share.
We surveyed the Food Safety Testing and Technologies companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Food Safety Testing and Technologies Market, by Type, 2018-2023, 2023-2030 ($ millions)
Global Food Safety Testing and Technologies Market Segment Percentages, by Type, 2022 (%)
Residue Testing
Microbiological Testing
Nutritional Composition Testing
Others
Global Food Safety Testing and Technologies Market, by Application, 2018-2023, 2023-2030 ($ millions)
Global Food Safety Testing and Technologies Market Segment Percentages, by Application, 2022 (%)
Enterprise Users
Government Users
Global Food Safety Testing and Technologies Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions)
Global Food Safety Testing and Technologies Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Food Safety Testing and Technologies revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Food Safety Testing and Technologies revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
SGS
Intertek Group
Bureau Veritas
Eurofins Scientific
Tentamus Analytics
UL
ALS
AsureQuality
Romer Labs Diagnostic
CCIC