The food safety products and testing market comprises food safety testing equipment, continuous monitoring systems, food safety audits, and food safety training & certification. Food safety products helps to ensure food products meet the standards of safety, composition, contaminants, labelling and other criteria. The food safety products and testing equipment ensure that the food meets quality and regulatory standards before reaching the consumers.
The Global Food Safety Products and Testing Market is estimated to be valued at US$ 2.43 Bn in 2025 and is expected to exhibit a CAGR of 7.7% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the food safety products and testing market are Intertek Group Plc, SGS SA, Eurofins Scientific SE, Thermo Fisher Scientific, Inc., ALS Limited, Asurequality Limited, Bio-Rad Laboratories, Inc., Bureau Veritas SA., NSF International, Merieux Nutrisciences, TUV SUD, UL LLC, AsureQuality Limited, Cotecna, and FSNS.
With stringent regulations and increasing demand from consumers and producers for food safety, the Food Safety Products and Testing Market Demand is growing rapidly. Technological advancements in testing methods have enabled the development of faster, portable, and reliable testing equipment and solutions.
Market Trends
Growing international food trade presents opportunities for exports but also risks related to spread of pests and diseases. This is driving increased investments in testing and monitoring equipment for exports. Rapid testing solutions are gaining popularity as they provide instant results and enable making quick decisions. Portable and miniaturized testing devices allow on-site and on-the-go testing.
Market Opportunities
Stringent regulations related to food contamination and outbreaks of foodborne illnesses present growth opportunity. The FDA Food Safety Modernization Act in the US focuses on prevention of food safety issues. Emerging economies in Asia Pacific and Latin America are expected to increase investments to strengthen food safety oversight. This will drive the demand for advanced testing solutions and auditing services. Growing consumer focus on food transparency and traceability also creates scope for blockchain based food safety platforms.
Impact of COVID-19 on Food Safety Products and Testing Market Growth
The COVID-19 pandemic has significantly impacted the food safety products and testing market. With lockdowns enforced to curb the spread of the virus, supply chain disruptions were experienced globally. This posed serious food safety challenges as transportation of food products was delayed. There was increased demand for testing of food items to check for contamination. Laboratories faced constraints in performing tests due to reduced staff and issues in procuring necessary materials. Social distancing norms also made on-site inspections difficult.
However, with gradual lifting of restrictions, the market is recovering. There is continued focus on ensuring safety of food supplies. Companies are employing advanced technologies like automation and AI to overcome pandemic-related obstacles. Drive-through sample collection facilities are being utilized. The crisis has highlighted the importance of reliable and efficient food safety infrastructure. It is expected that investments in this sector will rise post-pandemic to build resilient systems. Governments worldwide are working on strengthening regulatory frameworks and boosting testing capacities.
Geographical Regions with High Market Concentration
North America holds a significant share of the global food safety products and testing market in terms of value. This can be attributed to stringent food safety laws in countries like the US. There is established infrastructure for surveillance and monitoring. Rising health consciousness is also driving demand. Europe is another major regional market supported by strict regulatory environment. On the other hand, the Asia Pacific region is fast emerging. With increasing food trade and changing consumer trends, governments in countries like India and China are prioritizing food safety.
Fastest Growing Region for the Market
The Asia Pacific region is poised to witness the highest growth over the coming years for the food safety products and testing market. This can be accredited to surging population, rapid urbanization and rising per capita incomes in the region. Countries are investing heavily to develop their agriculture and food processing sectors. At the same time, concerns around contamination of domestically produced and imported food items have increased. This has led to bolstering of regulatory mechanisms and boosting of testing capabilities. The region presents lucrative opportunities for market players.
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