The global food testing services market stands at US$ 21.7 billion as of now and is expected to reach US$ 49.06 billion by the year 2033 at a CAGR of 8.5% between 2023 and 2033.
Food safety testing seems to be an important and crucial step in the food sector. At every stage of manufacturing, the regulations controlling food safety testing, trace element inspection, and microbiological quality testing are relevant. There is no escaping the reality that national laws and customs differ. As people’s awareness of food safety grows, the global market for food testing services is expected to grow significantly over the course of the projected period.
Various participants in food & beverages sector are emphasizing on streamlining the process of food certification by simplifying data logging and documentation. Plus, the players are on the lookout of optimizing certification costs. As such, the food testing services industry is expected to witness turbulence on the continuous basis in the near future.
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The initiatives taken by governments on this count include GFP (Good Farming Practice), GAP (Good Agricultural Practice), and GMP (Good Manufacturing Practice) for ensuring safety of food.
Even though emerging nations are constructing food regulatory infrastructure, the food testing services sector is being hampered by a lack of resources for restructuring, and this situation is anticipated to continue in the future. These economies will undoubtedly take some time to accelerate. The most recent industry research from Future industry Insights, titled “Food testing Services Industry,” walks through these conclusions with insights. Analysts and consultants need to be put to work.
Key Takeaways:
- The global food testing services market, currently standing at US$ 21.7 billion, is poised to reach US$ 49.06 billion by 2033, reflecting a robust CAGR of 8.5% from 2023 to 2033.
- The imperative role of food safety testing at every stage of the food sector, coupled with evolving regulations, trace element inspection, and microbiological quality testing, is driving the significant growth of the food testing services industry.
- With increasing awareness of food safety, the industry is expected to witness substantial expansion as people prioritize the consumption of safe and quality food products.
- Streamlining the food certification process, simplifying data logging, and optimizing certification costs are key focuses for participants in the food and beverage sector, contributing to the anticipated turbulence in the food testing services industry.
- European dominance in the market, holding over 30% market share, is attributed to a flourishing food and beverage industry, with Germany leading the way in microbiological testing and chemical contamination testing.
- North America maintains a significant market share, with mandatory food safety testing at every manufacturing and processing stage, ensuring safe food for consumers.
- The Asia-Pacific region is expected to witness the fastest growth in the food testing services industry due to the burgeoning food sector in developing economies and the implementation of strict food safety regulations, especially in countries like India.
- Major players in the competitive landscape include NEOGEN, Thermo Fischer Scientific, Bureau Veritas, and ALS Ltd., each contributing unique solutions and services to enhance food testing capabilities.
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Competitive Landscape
- NEOGEN is known for partnering with commercial testing labs for providing a series of services and solutions that are the most sought-after ones in the industry.
- Thermo Fischer Scientific has its microbiology solutions that incorporate molecular instrumentation, PCR technology, sample preparation capability, and lab equipment and plasticware for quality indicator and foodborne pathogen detection, and, not to forget – conventional culture media with immunological and biochemical tests.
- Bureau Veritas, of late, acquired Orion Assessment Services International Inc.’s. The major objective was that of improving the former’s food lab testing capabilities all over Canada.
- Check and Trace has been tabled by ALS Ltd. It is capable of identifying Salmonella isolates with level of sensitivity identical to traditional serological techniques.
“With improvised instrumental techniques like NMR (Nuclear Magnetic Resonance), IR (Infrared Spectroscopy), enzyme-linked immunosorbent assay (ELISA), and mass spectroscopy increasingly being used regarding safety assurance, the global food testing services industry is bound to grow on an unstoppable note going forward”, says an analyst from Future Market Insights.
How does the Report come around?
- The research study is based on type (pathogens, salmonella, campylobacter, E. coli, listeria, GMOs, toxins, and likewise), by technology (traditional, rapid, PCR (Polymerase Chain Reaction), DNA sequencing/NGS, immunoassay, chromatography, and spectroscopy), and by food tested (meat, poultry and seafood, processed food, fruits & vegetables, dairy products, cereals & grains, and likewise).
- With an ever-increasing demand for processed and packaged food in developing and developed countries alike, the food testing services industry is all set to create greater strides in the forecast period.
A Comprehensive Look at Food Testing Services – From Pathogens to Technology, and the Global Demand for Safer Processed Food :
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Food Testing Services Market by Category
By Type:
- Pathogens
- Salmonella
- Campylobacter
- E. coli
- Listeria
- Pesticides
- Genetically Modified Organism
- Toxins
- Others
By Technology:
- Traditional
- Rapid
- Polymerase Chain Reaction
- DNA Sequencing/NGS
- Immunoassay, Chromatography
- Spectroscopy
By Food Tested:
- Meat, Poultry, and Seafood
- Processed Food
- Fruits & Vegetables
- Dairy Products
- Cereals & Grains
- Others
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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