Global Food Safety Testing Market is Expected to Grow at CAGR of 5.9% in the Forecast Period of 2020 to 2027

Food Safety Testing Market is forecast to grow at 5.9% with factors such as increased in demand safe, high quality and contaminant free foods and beverages across the world.

The major factor boosting the growth of the food safety testing market is the increasing number of the foodborne diseases or allergies. Foodborne diseases are caused due to the consumption of contaminated food or drink. More than 250 known foodborne diseases are available. The majority of the infectious are caused by viruses, bacteria, and parasites and some are caused by chemicals and toxins. Hence to avoid the contaminants in the food products, services providers are highly engaged in providing services for food industries. However, lack of infrastructure can restrict the market growth.

Food Safety Testing Market Scenario

According to Data Bridge Market Research the market for food safety testing market, Europe is dominating the market for food safety testing as there are high food manufacturers due to which food testing requirement is high. The region has various testing guidelines and policies which is mandate to follow by the manufacturers before providing the food products in market. Further, in food safety testing sector, SGS SA has the largest market share of approximately 23.04% to 25.15%. In recent time, SGS SA is playing major role by providing food safety testing services in market and they are helping various food, feed and others manufacturers to fulfill consumer need in food sector with safe and quality foods.

The company operates in different segments and they are agriculture, food and life, minerals, oil, gas and chemicals, consumer and retail, certification and business enhancement, industrial, environment, health and safety, transportation. The company has strong presence around the world.

For instance,

  • In April 2019, SGS SA has opened a new food microbiological testing laboratory in Carson, California. The high-tech facility has expanded the expertise, geographical coverage and capabilities of SGS’s food laboratories to its global network of agriculture and food labs.

 Food Safety Testing MarketTrends impacting the market

Now the question is which other regions SGS SA, Bureau Veritas, Eurofins Scientific are targeting? Data Bridge Market Research has estimated a large growth in Europe food safety testing market and the market leaders targeting France, Germany, and Italy to be their next revenue pockets for 2020.

The food safety testing market is becoming more competitive every year with companies such as SGS SA, Bureau Veritas, Eurofins Scientific for food safety testing services. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the food safety testing market.

For more analysis on the food safety testing market request for a briefing with our analysts https://www.databridgemarketresearch.com/reports/global-food-safety-testing-market

Food Safety Testing Market Development

  • In July 2020, Bureau Veritas and The Ascott Limited (Ascott) which is one of the leading international lodging owner-operators have signed a global agreement for providing audits and certification for the hygiene and safety standards of Ascott’s worldwide properties, this development has helped the company to enhance their business and generate more revenue in the future.
  • In March 2020, SGS SA Company has opened its new food microbiological testing laboratory in Carson, California. This is a 2,400 sq. ft. facility which utilized a strong information technology platform which offered food producers, manufacturers and suppliers a broad spectrum of food and agricultural testing services for almost every food category. This has helped the company to broaden its portfolio in the California.

Scope of the Food Safety Testing Market

All analysis of the food safety testing market is further analyzed based on maximum granularity into further segmentation. On the basis of testing type, the food safety testing market is segmented into allergen testing, pathogens testing, GMO testing, mycotoxins testing, nutritional labeling, heavy metals testing, pesticides testing, organic contaminants testing and others. On the basis of technology, the food safety testing market is segmented into culture media, polymerase chain reaction, immunoassay, chromatography, biochip/biosensor, microarrays, flow cytometry, and others. On the basis of food categories, the food safety testing market is segmented into meat & meat products, egg & poultry products, fish and seafood, bakery products, cereals, grains & pulses, tea & coffee, herbs & spices, beverages, fruits & vegetables, milk & dairy products, honey, nuts and dried fruits, convenience foods, baby food, tobacco and others.

To know more about the study https://www.databridgemarketresearch.com/reports/global-food-safety-testing-market

Key Pointers Covered in the  Food Safety Testing  Market Industry Trends and Forecast to 2027

  • Market Size
  • Food Safety Testing Regulatory Framework and Changes
  • Recent Developments for Market Competitors
  • Sales data for Market Competitors
  • Key vendors and disruptors study
  • Supply Chain Competiveness

Key Market Competitors Covered in the Report

  • SGS SA
  • Bureau Veritas
  • Eurofins Scientific
  • TÜV SÜD
  • ALS Limited
  • Intertek Group plc
  • TÜV NORD GROUP
  • Symbio Laboratories
  • QIMA
  • Pacific Lab
  • Ugene Laboratory Services Pte Ltd.
  • Kedah Bioresources Corporation Sdn. Bhd.
  • Mérieux Nutrisciences
  • FOOD SAFETY NET SERVICES
  • NEOGEN CORPORATION
  • Adpen Laboratories, Inc.
  • Cotecna Inspection SA
  • Spectro Analytical Labs Limited
  • Nsf International
  • R J Hill Laboratories Limited
  • ifp Privates Institut für Produktqualität GmbH
  • Bio Synergy Laboratories

Above are the key players covered in the report to know about more and exhaustive list of food safety testing company’s contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-food-safety-testing-market

Research Methodology: Global Food Safety Testing Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Researchers, Food & Feed Specialists, and Services Providers among others.
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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