Australia Food Safety Testing Market to 2032

Overview

The Australia Food Safety Testing Market is expected to reach a 2,470.91 USD Billion by 2032 and is projected to grow at a CAGR of 13.51% from 2025 to 2032.

Revenue, 2024 (USD Billion)
1,197.19
Forecast, 2032 (USD Billion)
2,470.91
CAGR, 2024 - 2032
13.51%
Report Coverage
Australia

Australia Food Safety Testing Market 2018-2032 USD Billion

Australia Food Safety Testing Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 1,197.19 USD Billion
  • Projected Market Size (2032): 2,470.91 USD Billion
  • CAGR (2025-2032): 13.51%

Key Findings of Australia Food Safety Testing Market

  • The Australia Food Safety Testing Market was valued at 1,197.19 USD Billion in 2024.
  • The Australia Food Safety Testing Market is likely to grow at a CAGR of 13.51% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Food in Application Segment accounted for the largest share of the market with a revenue of 12,988.55 USD Billion
  • The fastest growing segment Food Authenticity Testing in Type of Test Segment grew Fastest with a CAGR of 14.38% during the forecast period from 2024 to 2032.

Australia Food Safety Testing Market Scope

Australia Food Safety Testing Market Segmentation & Scope
Application
  • Beverages
  • Oilseeds & Pulses
  • Cereals & Grains
  • Nuts
  • Food
Site
  • Outsourcing Facility
  • Inhouse/Internal Lab
Type of Test
  • Food Shelf Life Testing
  • Food Authenticity Testing
  • Food Safety Testing
Testing
  • Consumables
  • Test Kits
  • System

Australia Food Safety Testing Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Billion
Market Value in 2024 1,197.19 USD Billion
Market Value in 2032 2,470.91 USD Billion
CAGR (2025-2032) 13.51%
Historic Data 2016-2023
Market Segments Covered Application,Site,Type of Test,Testing

Regional Insights:

  • Leading Market (2024-2032): Australia, leading in terms of revenue 1,197.19 USD Billion in 2024
    • Key Country: Australia, leading in terms of revenue with value of 1,197.19 USD Billion in 2024.

Segments and Scope

  • Australia Food Safety Testing Market to 2032, By Application
    • Food is the largest segment in Australia Food Safety Testing Market to 2032 with a revenue of 12,988.55 USD Billion in the year 2024.
    • Food is the Fastest growing segment in Australia Food Safety Testing Market to 2032 with a Growth rate of 13.57 % in forecast period 2025-2032.
  • Australia Food Safety Testing Market to 2032, By Site
    • Inhouse/Internal Lab is the largest segment in Australia Food Safety Testing Market to 2032 with a revenue of 841.18 USD Billion in the year 2024.
    • Inhouse/Internal Lab is the Fastest growing segment in Australia Food Safety Testing Market to 2032 with a Growth rate of 13.85 % in forecast period 2025-2032.
  • Australia Food Safety Testing Market to 2032, By Type of Test
    • Food Safety Testing is the largest segment in Australia Food Safety Testing Market to 2032 with a revenue of 862.15 USD Billion in the year 2024.
    • Food Authenticity Testing is the Fastest growing segment in Australia Food Safety Testing Market to 2032 with a Growth rate of 13.75 % in forecast period 2025-2032.
  • Australia Food Safety Testing Market to 2032, By Testing
    • System is the largest segment in Australia Food Safety Testing Market to 2032 with a revenue of 628.77 USD Billion in the year 2024.
    • Test Kits is the Fastest growing segment in Australia Food Safety Testing Market to 2032 with a Growth rate of 13.29 % in forecast period 2025-2032.

Australia Food Safety Testing Market Company Share Analysis

 
Company Name Company Share Analysis
Perkinelmer Inc.
Thermo fisher scientific Inc.
Shimadzu Corporation
BIOMÉRIEUX
Eurofins scientific
Australia Food Safety Testing Market Company Share Analysis

Australia Food Safety Testing Market Geographical Sales Distribution, 2018-2032 USD Billion

Australia Food Safety Testing Market Geographical Sales Distribution, 2018-2032 USD Billion

Australia Food Safety Testing Market Company Profiling

Australia Food Safety Testing Market Company Profiling
Frequently Asked Questions
The Australia Food Safety Testing Market is segmented based on Segmentation Application,Site,Type of Test,Testing.
Australia Food Safety Testing Market was valued at USD 1,197.19(Revenue in USD Billion) in 2021.
Australia Food Safety Testing Market is projected to grow at a CAGR of 13.51% during the forecast period of 2024 to 2032.
The Food segment is expected to dominate the Australia Food Safety Testing Market, holding a largest market share of 12,988.55 USD Billion in 2024

Australia Food Safety Testing Market Scope

Australia Food Safety Testing Market Segmentation & Scope
Application
  • Beverages
  • Oilseeds & Pulses
  • Cereals & Grains
  • Nuts
  • Food
Site
  • Outsourcing Facility
  • Inhouse/Internal Lab
Type of Test
  • Food Shelf Life Testing
  • Food Authenticity Testing
  • Food Safety Testing
Testing
  • Consumables
  • Test Kits
  • System
Frequently Asked Questions
The Australia Food Safety Testing Market is segmented based on Segmentation Application,Site,Type of Test,Testing.
Australia Food Safety Testing Market was valued at USD 1,197.19(Revenue in USD Billion) in 2021.
Australia Food Safety Testing Market is projected to grow at a CAGR of 13.51% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Food Safety Testing Market for final year is USD 2,470.91 (USD Billion).

Australia Food Safety Testing Market Company Profiling

Australia Food Safety Testing Market Company Profiling
Frequently Asked Questions
The Australia Food Safety Testing Market is segmented based on Segmentation Application,Site,Type of Test,Testing.
Australia Food Safety Testing Market was valued at USD 1,197.19(Revenue in USD Billion) in 2021.
Australia Food Safety Testing Market is projected to grow at a CAGR of 13.51% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Food Safety Testing Market for final year is USD 2,470.91 (USD Billion).

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.