Ascension of Global Food and Beverage Industry to Boost the Demand for Food Safety Testing Kits
According to our latest market study on “Food Safety Testing Kits Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Contaminants, Technology, and Food Type,” the food safety testing kits market size is projected to grow from US$ 22,247.0 million in 2022 to US$ 34,142.5 million by 2028; the market expected to record a CAGR of 7.4% from 2022 to 2028. The report highlights key factors driving the market and prominent players along with their developments in the market.
Food safety testing is a scientific analysis of a food product and its contents to find information about various characteristics such as physiochemical properties, composition, and structure. Rising emergence of foodborne illnesses and growth of food & beverages industry are fueling the growth of global food safety testing market. However, insufficient food safety testing methods is hampering the market growth.
Food Safety Testing Kits Market Breakdown – by Region
Food Safety Testing Kits Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Contaminant [Pathogens (Salmonella, E.coli, Listeria, Campylobacter, S. aureus, and Others), Pesticides, Toxins, GMOs, and Others], Technology [Traditional and Rapid (PCR-Based Testing, Immunoassay-Based Testing, LAMP, and Others)], and Food Type (Meat, Poultry, and Seafood Products; Dairy Products; Cereals and Grains; Processed Food; Fruits and Vegetables; and Others)
Food Safety Testing Kits Market Size, Analysis Report 2028
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The food and beverages industry is all companies involved in distributing, packaging, and processing of food materials. This includes non-alcoholic beverages, alcoholic beverages, packaged foods, and fresh foods. Almost all products meant for human consumption, excluding pharmaceutical products, are included in this industry. The food and beverage industry is becoming increasingly focused on mechanical manipulation and technology to create more value-added products. Moreover, with population growth and rising middle class in developing countries, the demand for variety of food products is increasing. Changing lifestyles and hectic schedules are leading to increased consumption of ready to eat meals. Moreover, many industries suffered heavy losses and reported stagnancy or low growth during 2020 amid lockdowns enforced worldwide due to COVID-19 pandemic. However, food and besverages industry was one of the very few industries that reported growth during the year 2020. The growth was especially observed in fast moving consumer goods (FMCG) in food products recording double digit growth in 2020. As many public places, including entertainment sections were closed during 2020, the savings and increased disposable income are expected to support the growth in food consumption. Thus, with grpwing food & beverage industry driving the food safety testing kits market growth.
SGS SA, Eurofins Scientific, Intertek Group Plc, TÜV SÜD, AES Laboratories Pvt. Ltd., TÜV NORD GROUP., Bureau Veritas, ALS Limited, NEOGEN Corporation, and AsureQuality are among the major players operating in the global food safety testing kits market.
Impact of COVID-19 Pandemic on Fishing Equipment Market
The consumer goods industry suffered severe disruptions due to disturbances in supply chains and shutdowns of production plants amid the COVID-19 pandemic. The pandemic induced recession across the global economies as the marketplace remained shut due to lockdowns and border restrictions. All food and beverage sectors face challenges amid the outbreak of COVID-19 as the SARS-CoV-2 is highly infectious in nature and could possibly travel through food surfaces. Meat and poultry processing facilities faced distinctive challenges with respect to the virus as workers in several facilities around the world were found to be infected. In November 2020, China reported that a frozen pork knuckle sample imported from China had triggered a new coronavirus case in China. Such cases of food related COVID-19 infections have created apprehensions among consumers and governments alike, leading to a greater demand for food safety testing to mitigate health risks.
The report includes the segmentation of the food safety testing kits marketas follows:
Based on contaminants, the food safety testing kits market is segmented into pathogens, pesticides, toxins, GMOs, and others. The pathogens segment is further sub-segmented into Salmonella, E. coli, Listeria, Campylobacter, S. aureus, and others. Based on technology, the market is bifurcated traditional and rapid. The rapid segment is categorized into PCR-based testing, immunoassay-based testing, LAMP, and others. Based on food type, the food safety testing kits market is segmented into meat, poultry, & seafood products; dairy products; cereals & grains; processed food; fruits & vegetables; and others. By geography, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The food safety testing kits marketin North America is further segmented into the US, Canada, and Mexico. The European market is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The food safety testing kits marketin Asia Pacific is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the MEA is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The food safety testing kits market in South & Central America market is categorized into Brazil, Argentina, and the Rest of South & Central America.
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