Owing to Stringent Regulations, Rise in Foodborne Illness and Globalization of Food Chains, Food Safety Testing Global Market to Witness Robust Growth and Reach $35bn by 2030 – Market Research Report (2024-2030) by Industry Experts, Inc

Monday Aug 26, 2024

Industry Experts, Inc published the new global market research report entitled "Food Safety Testing – A Global Market Overview". As per this report, North America estimated the largest market for Food Safety Testing in 2024 accounting for a share of about 35 while Asia-Pacific is anticipated to grow by the fastest 2024-2030 CAGR of 8%.

According to the World Health Organization (WHO), approximately 600 million people (nearly 1 in 10 globally) fall ill from eating contaminated food, and 420,000 people die annually from foodborne illnesses. Access to clean, safe, and sustainable food is essential for human health. To ensure the safety of the food supply, the food industry has implemented various food safety testing procedures.

The Food Safety Testing market is dominated by meat, poultry & seafood segment, accounting for a share of 30.7% of the overall global market estimated at US$7.3 billion in 2024. Further, this segment is anticipated to post the above average CAGR of 6.9% over the 2024-2030 analysis period. The overall food safety testing market globally estimated to reach nearly US$24 billion in 2024 and a forecast slightly exceeding US$25 billion in 2025.

Global Food Safety Testing Market by Testing Type and Application

The market for Food Safety Testing types studied in this report includes Allergens, Chemicals & Pesticides, GMO, Heavy Metals, Mycotoxins and Pathogens. The applications market for Food Safety Testing studied in this report comprise Beverages, Cereals, Grains & Pulses, Dairy Products, Meat, Poultry & Seafoods, Processed Foods and Others.

The report reviews, analyzes and projects the Food Safety Testing market for global and the regional markets including North America, Europe, Asia-Pacific, South America and Rest of World for the period 2021-2030 in terms of US$. These regional markets further analyzed for 24 independent countries across North America – the United States, Canada and Mexico; Europe – France, Germany, Italy, Russia, Spain and The United Kingdom; Asia-Pacific – Australia, China, India, Japan, New Zealand and South Korea; South America – Argentina, Brazil, Chile and Columbia; Rest of World – Saudi Arabia, South Africa, Turkiye and The United Arab Emirates.

This 259 page study includes 205 charts (includes a data table), supported with a meaningful and easy to understand graphical presentation of the market. The statistical tables represent the data for the global market by testing type and application in each geographic region. This report profiles 20 key major players and also provides a listing of the companies engaged in the manufacturing and supply of Food Safety Testing. The global list of companies covers the addresses, contact numbers and the website addresses of 78 companies.

California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.

For more details, please visit: https://industry-experts.com/verticals/clinical-diagnostics/global-food-safety-testing-market