Australia Food Diagnostics Market to 2032

Overview

The Australia Food Diagnostics Market is expected to reach a 1,901.86 USD Million by 2032 and is projected to grow at a CAGR of 13.34% from 2025 to 2032.

Revenue, 2024 (USD Million)
936.09
Forecast, 2032 (USD Million)
1,901.86
CAGR, 2024 - 2032
13.34%
Report Coverage
Australia

Australia Food Diagnostics Market 2018-2032 USD Million

Australia Food Diagnostics Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 936.09 USD Million
  • Projected Market Size (2032): 1,901.86 USD Million
  • CAGR (2025-2032): 13.34%

Key Findings of Australia Food Diagnostics Market

  • The Australia Food Diagnostics Market was valued at 936.09 USD Million in 2024.
  • The Australia Food Diagnostics Market is likely to grow at a CAGR of 13.34% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment In-house in Site Segment accounted for the largest share of the market with a revenue of 647.65 USD Million
  • The fastest growing segment Cereals & Grains in Application Segment grew Fastest with a CAGR of 15.28% during the forecast period from 2024 to 2032.

Australia Food Diagnostics Market Scope

Australia Food Diagnostics Market Segmentation & Scope
Type of Tests
  • Food Shelf Life Testing Market
  • Food Authenticity Testing
  • Food Safety Testing
Testing Type
  • Consumables
  • Test Kits
  • System
Site
  • Outsourcing Facility
  • In-house
Application
  • Beverages
  • Nuts
  • Oilseeds & Pulses
  • Cereals & Grains
  • Food

Australia Food Diagnostics Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 936.09 USD Million
Market Value in 2032 1,901.86 USD Million
CAGR (2025-2032) 13.34%
Historic Data 2016-2023
Market Segments Covered Type of Tests,Testing Type,Site,Application

Regional Insights:

  • Leading Market (2024-2032): Australia, leading in terms of revenue 936.09 USD Million in 2024
    • Key Country: Australia, leading in terms of revenue with value of 936.09 USD Million in 2024.

Segments and Scope

  • Australia Food Diagnostics Market to 2032, By Type of Tests
    • Food Safety Testing is the largest segment in Australia Food Diagnostics Market to 2032 with a revenue of 527.20 USD Million in the year 2024.
    • Food Authenticity Testing is the Fastest growing segment in Australia Food Diagnostics Market to 2032 with a Growth rate of 13.17 % in forecast period 2025-2032.
  • Australia Food Diagnostics Market to 2032, By Testing Type
    • System is the largest segment in Australia Food Diagnostics Market to 2032 with a revenue of 567.85 USD Million in the year 2024.
    • System is the Fastest growing segment in Australia Food Diagnostics Market to 2032 with a Growth rate of 14.13 % in forecast period 2025-2032.
  • Australia Food Diagnostics Market to 2032, By Site
    • In-house is the largest segment in Australia Food Diagnostics Market to 2032 with a revenue of 647.65 USD Million in the year 2024.
    • In-house is the Fastest growing segment in Australia Food Diagnostics Market to 2032 with a Growth rate of 13.41 % in forecast period 2025-2032.
  • Australia Food Diagnostics Market to 2032, By Application
    • Food is the largest segment in Australia Food Diagnostics Market to 2032 with a revenue of 328.04 USD Million in the year 2024.
    • Cereals & Grains is the Fastest growing segment in Australia Food Diagnostics Market to 2032 with a Growth rate of 11.48 % in forecast period 2025-2032.

Australia Food Diagnostics Market Company Share Analysis

 
Company Name Company Share Analysis
Thermo Fisher Scientific Inc.
Shimadzu Corporation
SGS Société Générale de Surveillance SA
Agilent Technologies, Inc.
ALS
Australia Food Diagnostics Market Company Share Analysis

Australia Food Diagnostics Market Geographical Sales Distribution, 2018-2032 USD Million

Australia Food Diagnostics Market Geographical Sales Distribution, 2018-2032 USD Million

Australia Food Diagnostics Market Company Profiling

Australia Food Diagnostics Market Company Profiling
Frequently Asked Questions
The Australia Food Diagnostics Market is segmented based on Segmentation Type of Tests,Testing Type,Site,Application.
Australia Food Diagnostics Market was valued at USD 936.09(Revenue in USD Million) in 2021.
Australia Food Diagnostics Market is projected to grow at a CAGR of 13.34% during the forecast period of 2024 to 2032.
The In-house segment is expected to dominate the Australia Food Diagnostics Market, holding a largest market share of 647.65 USD Million in 2024

Australia Food Diagnostics Market Scope

Australia Food Diagnostics Market Segmentation & Scope
Type of Tests
  • Food Shelf Life Testing Market
  • Food Authenticity Testing
  • Food Safety Testing
Testing Type
  • Consumables
  • Test Kits
  • System
Site
  • Outsourcing Facility
  • In-house
Application
  • Beverages
  • Nuts
  • Oilseeds & Pulses
  • Cereals & Grains
  • Food
Frequently Asked Questions
The Australia Food Diagnostics Market is segmented based on Segmentation Type of Tests,Testing Type,Site,Application.
Australia Food Diagnostics Market was valued at USD 936.09(Revenue in USD Million) in 2021.
Australia Food Diagnostics Market is projected to grow at a CAGR of 13.34% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Food Diagnostics Market for final year is USD 1,901.86 (USD Million).

Australia Food Diagnostics Market Company Profiling

Australia Food Diagnostics Market Company Profiling
Frequently Asked Questions
The Australia Food Diagnostics Market is segmented based on Segmentation Type of Tests,Testing Type,Site,Application.
Australia Food Diagnostics Market was valued at USD 936.09(Revenue in USD Million) in 2021.
Australia Food Diagnostics Market is projected to grow at a CAGR of 13.34% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Food Diagnostics Market for final year is USD 1,901.86 (USD Million).

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