The global food safety testing market was valued at USD 19.81 billion in 2022 and is projected to expand from USD 21.25 billion in 2023 to USD 36.01 billion by 2030, reflecting a compound annual growth rate (CAGR) of 7.82% throughout the forecast period. In 2022, North America held a dominant position in the market with a share of 44.42%. The U.S. market is expected to witness substantial growth, reaching approximately USD 15.44 billion by 2032, primarily due to strict regulatory frameworks surrounding food safety and the presence of key industry players.
Food safety testing plays a critical role in the supply chain, ensuring that food products are safe for consumption. It involves the scientific analysis of food to assess its microbiological, chemical, and physical properties. With projections indicating that over half of the global population will depend on imported food by 2050, many nations are under increasing pressure to scale up their domestic food production to meet demand, making food safety testing more essential than ever.
Information Source: https://www.fortunebusinessinsights.com/food-safety-testing-market-108286
Market Segmentation
The food testing market is segmented by test type into pathogens, GMOs, allergens, chemicals and pesticides, and others, with pathogen testing holding the largest share due to the increasing incidence of foodborne illnesses and the global push to reduce their impact. By food type, the market includes meat, poultry and seafood, dairy, processed foods, fruits and vegetables, and others. Among these, testing in the meat, poultry, and seafood segment is expected to lead, driven by rising global demand for protein-rich foods.
In terms of technology, the market is divided into conventional and rapid testing methods, with conventional testing currently dominating due to its higher accuracy, even though rapid methods offer greater convenience. Geographically, the market spans North America, Europe, Asia Pacific, South America, and the Middle East and Africa.
Report Overview
The report provides both qualitative and quantitative assessments of the food safety testing market. It examines current industry trends, regulatory impacts, and the effects of the COVID-19 pandemic. The study also highlights strategic activities such as partnerships, acquisitions, and new product introductions by major players.
Market Drivers and Restraints
Rising Incidents of Food Adulteration Fuel Demand for Testing Solutions
The global increase in food adulteration cases has resulted in a surge in foodborne health risks, prompting regulatory bodies to implement stricter guidelines. This regulatory pressure is expected to significantly accelerate the demand for food safety testing solutions.
However, the shortage of skilled professionals capable of handling sophisticated testing equipment remains a key challenge that could hinder market growth.
Regional Insights
North America to Lead Market Due to Increasing Food Imports
North America is forecast to remain the leading region in the food safety testing market, particularly as the U.S. ranks among the world’s largest food importers. The volume of food imports necessitates rigorous food safety checks, boosting regional demand.
Europe to Experience Steady Growth Amid Health Concerns
Europe is expected to register stable growth, driven by rising health concerns over food contaminated with pesticide residues and veterinary drug substances, which have been linked to acute poisoning cases.
Competitive Landscape