Food Safety Testing Market Top Players, Revenue Analysis, Top Leaders and Forecast 2030

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The Food Safety Testing Market size was valued at USD 23.24 Billion in 2023 and the total Food Safety Testing revenue is expected to grow at a CAGR of 8.34% from 2024 to 2030, reaching nearly USD 40.72 Billion by 2030.

Food Safety Testing Market Overview:

The complete market estimation analysis of the continuously changing competitive environment offers valuable insights via market share data and intricate profiles of potential global rivals. By meticulously scrutinizing the Food Safety Testing Market, the research exposes pivotal elements influencing regional discrepancies in the expansion of the Food Safety Testing sector.

Food Safety Testing Market Scope: 

After the Food Safety Testing market analysis phase, we initiated in-depth primary research dedicated to assembling, examining, and predicting crucial data. This thorough undertaking included evaluating the market's breadth, forecasting trends, identifying pivotal elements, and meticulously validating data precision through statistical approaches. Leveraging both top-down and bottom-up methodologies, alongside diverse validation strategies, we meticulously scrutinized market segments and sub-categories delineated in the study. Each dataset underwent a rigorous qualitative and quantitative assessment to guarantee the provision of dependable insights in the conclusive report.

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Food Safety Testing Market Dynamics:

Factors Driving Growth in the Food Safety Testing Market

The growing awareness of safe and healthy food is the primary driver of the Food Safety Testing Market. Customers are growing more aware of their nutritional choices and preferring organic, non-GMO items that promote overall wellness. Consumers are looking for items that cater to special dietary requirements as they become more aware of allergens and other dietary restrictions. The Food Safety Testing Market is being driven by a preference for products marked with few additives, preservatives, and artificial agents, as well as a desire for food testing services to guarantee that products are free of GMOs and other dangerous pollutants. The use of rapid technology such as PCR, LC-MS/MS, and immunoassay produces quick and exact findings.

Food Safety Testing Market Segmentation: 

by Food Tested
Meat, Poultry, and Sea Food
Dairy Products
Processed Foods
Fruits and Vegetables
Cereals and Grains
Beverages

by Contaminants Targeted
Pathogens
Chemical Contaminants
Allergens

According to Foods Tested, the Meat, poultry, and seafood segment had the greatest market share of about 30% in the worldwide food safety testing market in 2023. According to the MMR analysis, the category is predicted to rise at an 8.5% CAGR during the forecast period, making it the prominent segment in the food safety testing market. Consumers' health consciousness and increased emphasis on higher protein intake, as well as food safety, reinforced this market segment analysis. Furthermore, the quality of meat, poultry, and fish is determined by its tenderness, firmness, and roughness. While other food products can integrate a range of flavours to earn customer favour, meat, poultry, and seafood rely purely on sensory evaluation.

Food Safety Testing Market Key Players:

1. SGS S.A.
2. NSF International
3. Eurofins Scientific SE
4. Intertek Group PLC
5. Merieux Nutrisciences
6. TUV SUD
7. UL LLC
8. AsureQuality Limited
9. Bureau Veritas S.A.
10. Intertek Group plc
11. ALS Limited
12. Thermo Fisher Scientific Inc.
13. Mérieux NutriSciences Corporation
14. Neogen Corporation
15. Bio-Rad Laboratories, Inc.
16. PerkinElmer, Inc.
17. Romer Labs Division Holding GmbH

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Key questions answered in the Food Safety Testing Market are:

  • What is Food Safety Testing?
  • What was the Food Safety Testing market size in 2023?
  • What is the growth rate of the Food Safety Testing Market?
  • Which are the factors expected to drive the Food Safety Testing market growth?
  • What are the different segments of the Food Safety Testing Market?
  • What growth strategies are the players considering to increase their presence in Food Safety Testing?
  • What are the upcoming industry applications and trends for the Food Safety Testing Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Food Safety Testing Market?
  • Who are the leading companies and what are their portfolios in Food Safety Testing Market?
  • What segments are covered in the Food Safety Testing Market?
  • Who are the key players in the Food Safety Testing market?

Food Safety Testing Market Regional Insights

In the initial Food Safety Testing market estimation phase, we dive into a detailed primary research effort focused on collecting, analyzing, and verifying crucial data. This undertaking comprised evaluating the market's breadth, predicting future trends, identifying key factors, and meticulously confirming data correctness through statistical approaches. Using a combination of top-down and bottom-up approaches, along with diverse validation techniques, we extensively analyzed market segments and sub-categories outlined in the study. Each dataset underwent rigorous qualitative and quantitative examination to guarantee the provision of dependable insights in the ultimate report.

List of Contents : Food Safety Testing Market

Part 01: Executive Summary

Part 02: Scope of the Food Safety Testing Market Report

Part 03: Food Safety Testing Market Landscape

Part 04: Food Safety Testing Market Sizing

Part 05: Food Safety Testing Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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About Maximize Market Research: 

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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