Malaysia Food Safety Testing Market By Testing Type (Allergen Testing, Pathogens Testing, GMO Testing, Mycotoxins Testing, Nutritional Labelling, Heavy Metals Testing, Pesticides Testing, Organic Contaminants Testing and Others), Technology (Culture Media, Polymerase Chain Reaction, Immunoassay, Chromatography, Biochip/Biosensor, Microarrays, Flow Cytometry, Rapid Assay and Others), Food Categories (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, Animal Feed & Pet Food, Tobacco and Others) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Malaysia Food Safety Testing Market
Malaysia food safety testing market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 7.2% in the forecast period of 2021 to 2028 and expected to reach USD 92,389.15 thousand by 2028. Increasing number of foodborne illnesses are leading the growth of the market in Malaysia.
Food testing and analysis is an essential part of the food safety to assure that the food is safe to consume. This includes nourishment of the network of food testing laboratories, assuring the quality of food testing, investment in human resources and carrying out surveillance activities and educating the consumers. In Asia-Pacific, the manufacturers of food products may increase due to high population and demand which will ultimately demand for testing services.
Food safety is a major concern for food manufacturing and retail & hospitality industry. The food quality & hygiene have impact on the productivity. In recent years the intentional and unintentional adulteration both has become high-tech and all the testing laboratories can help to detect these food adulterants.
The most important function of the food testing laboratories is to test foods to check various factors such as adulterants, pathogens and pesticide residues, chemical contaminants such as, microbial contaminants, heavy metals, non-permitted additives colours and antibiotics among other factors in the food. Without food testing the food producers as well as the food manufacturers of the food products, cannot ensure that pesticides, antibiotics, heavy metals and naturally occurring toxins among other possibilities of contamination in the food that are removed completely.
The factors driving the growth of the market are the increasing number of foodborne illness and the government initiatives on food safety. The factor restraining the growth of the market is lack of research and development infrastructure in the developing countries.
This Malaysia food safety testing market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Malaysia Food Safety Testing Market Scope and Market Size
Malaysia food safety testing market is segmented into three notable segments which are based on the basis of testing type, technology and food categories. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of testing type, the Malaysia food safety testing market is segmented into allergen testing, pathogens testing, GMO testing, mycotoxins testing, nutritional labelling, heavy metals testing, pesticides testing, organic contaminants testing and others. In 2020, allergenic testing has the largest market share owing to the factors that the most of the food products have the chances that they contain allergenic factors into it in order to find out those allergens, the allergen testing is widely used.
- On the basis of technology, the Malaysia food safety testing market is segmented into culture media, polymerase chain reaction, immunoassay, chromatography, biochip/biosensor, microarrays, flow cytometry, and others. In 2021, culture media segment dominated the market owing to factors such as it is a traditional method and it gives accurate results.
- On the basis of food categories, the Malaysia 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, animal feed & pet food, tobacco and others. In 2021, fish and seafood segment holds the largest market share owing to factors such as the demand for the products is very high among people many companies are highly engaged in providing services related to animal foods such seafood, meat and others in which seafood safety services requirement is high.
Growth in the Malaysia Food Safety Testing Industry
Malaysia food safety testing market also provides you with detailed market analysis for every country growth in installed base of different kind of products for food safety testing market, impact of technology using life line curves and changes in food safety testing regulatory scenarios and their impact on the food safety testing market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Malaysia Food Safety Testing Market Share Analysis
Malaysia food safety testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Malaysia presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to food safety testing market.
The major players covered in the Malaysia food safety testing market are SGS SA, ALS Limited, Intertek Group plc, TÜV SÜD, QIMA, Bureau Veritas., Mérieux NutriSciences, AsureQuality, Cotecna Inspection SA, Eurofins Scientific, and TÜV NORD GROUP among other players domestic and Malaysia. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product launch, approval, partnership and agreement are also initiated by the companies’ worldwide which are also accelerating the Malaysia food safety testing market.
- In April 2019, Eurofins Scientific has acquired Lab Frontier Co., Ltd. which provides a broad suite of food, environment and cosmetics testing services in South Korea. This will help company as a valuable entry into the analytical testing market in South Korea.
Collaboration, joint ventures and other strategies by the market player is enhancing the company market in the food safety testing market which also provides the benefit for organisation to improve their offering for food safety testing.
Customization Available: Malaysia Food Safety Testing Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.