Food Safety Testing - Global Strategic Business Report

The global market for Food Safety Testing is estimated at US$20.3 Billion in 2023 and is projected to reach US$31.3 Billion by 2030, growing at a CAGR of 6.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the food safety testing market is driven by several factors that reflect the increasing demand for comprehensive food safety measures. Firstly, the globalization of the food supply chain has heightened the risk of contamination and adulteration, necessitating stringent testing protocols to ensure food safety across borders. Secondly, the rising incidence of foodborne illnesses and high-profile food recalls have raised awareness about the importance of food safety, driving demand for robust testing solutions. Technological advancements, particularly in rapid testing and automation, have made food safety testing more accessible and efficient, encouraging wider adoption.

Additionally, stringent regulations imposed by governments and international bodies require rigorous testing to comply with safety standards, further propelling market growth. Consumer demand for transparency and safer food products also plays a crucial role, as more individuals seek assurance that the foods they consume are free from harmful substances. These factors collectively ensure that the food safety testing market continues to expand, adapting to new challenges and innovations in the food industry.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Microbiological Testing segment, which is expected to reach US$8.5 Billion by 2030 with a CAGR of a 6.2%. The Residues & Contamination Testing segment is also set to grow at 6.6% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $4.3 Billion in 2023, and China, forecasted to grow at an impressive 8.1% CAGR to reach $2.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Food Safety Testing Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Food Safety Testing Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Food Safety Testing Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as 3M Company, Bio-Rad Laboratories, Inc., ALS Ltd., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 68 Featured):

• 3M Company
• Bio-Rad Laboratories, Inc.
• ALS Ltd.
• ANP Technologies, Inc.
• Charm Sciences, Inc.
• AsureQuality Ltd.
• Biolog, Inc.
• CONGEN Biotechnologie GmbH
• DTS Food Assurance
• ADPEN Laboratories, Inc.
• Avomeen Analytical Services
• Campden BRI
• Anresco Laboratories
• Certified Laboratories, Inc.
• Australian Pork