Published on: December 04, 2019
The global food safety testing market size is estimated to grow at a CAGR of 8.28% between 2023 and 2028. Manufacturers are increasingly investing in robust food safety management systems to mitigate the risks associated with consumer exposure to contaminated foods. Certification providers with networks of laboratories and auditors support manufacturers in implementing validated and controlled processes.
The food safety market involves testing methods and technologies used to assess microbiological, physical, and chemical compositions of food items, addressing concerns related to contaminants, allergens, adulterants, and food fraud. Technologies range from laboratory testing to rapid on-site testing methods. Driven by increasing awareness of foodborne illnesses and stringent regulatory standards, the food safety testing market continues to expand. The market size is expected to grow steadily, driven by advancements in testing devices, rapid testing methods, and the implementation of stringent food safety regulations globally.
Key trends in the food safety testing market include the adoption of portable and handheld testing equipment, leveraging technologies such as ultraviolet and infrared sensors for quick and accurate analysis. There is a rising demand for rapid testing methods to enhance efficiency in pathogen detection and contamination prevention, alongside increasing focus on supply chain transparency and food labeling.
The market is driven by concerns over public health safety, driven by incidents of foodborne disease outbreaks and increasing globalization of food trade. Technological advancements in testing devices and regulatory compliance requirements further propel market growth, as does consumer awareness and demand for safe food products.
Challenges facing the food safety testing market include the complexity of supply chains, ensuring compliance with diverse regulatory requirements across regions, and addressing emerging pathogens and contaminants. Maintaining quality assurance, managing food safety cultures across industries, and the need for continuous monitoring and training also present ongoing challenges.
North America is projected to account for 41% of the global market’s growth by 2028. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market.
The increasing government funding in the food and beverage industry contributes to the demand in North America. In December 2021, the US FDA issued the Final Rule Laboratory Accreditation for the analyses of food, which is required by the Food Safety and Modernization Act (FSMA) that was passed in 2011. The FSMA aims to revolutionize food safety in the country by focusing on preventing contamination rather than just the prevention of foodborne diseases. The implementation of the FSMA to ensure that only safe products enter the market is expected to drive the adoption of safety testing solutions in the country during the forecast period.
Technavio's food safety testing industry reports monitor the leading players in the global market along with their current and forecasted market share. Our analysis covers regional and global companies. Some of the top companies covered in our food safety testing market reports include:
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Technavio reports insights include:
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