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Market Research Report

Global Food Safety Testing Market Size study with COVID-19 Impact, by Testing Technologies, Targets Tested and Regional Forecasts 2020-2026

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Global Food Safety Testing Market Size study with COVID-19 Impact, by Testing Technologies, Targets Tested and Regional Forecasts 2020-2026
Published: May 1, 2020 Content info:
Description

Global Food Safety Testing Market is valued approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than 21 % over the forecast period 2019-2026. Food Safety Testing checks on the Food products for disease producing organisms, chemicals and other hazardous materials which when consumed by the population can source severe diseases. The Food Safety testing is targeted for three primary food contaminants namely, Chemicals, Genetically Modified Organisms and pathogens.. Hence strict government regulations and their implementations across the globe drives the market for food safety testing. As with the tight governmental standards no food processor can pass on food products without testing to the consumers. Furthermore, the rising consumer awareness regarding Food safety and food quality further fuels the market growth. As with the rising awareness consumers are inclined to check on the regulatory marks on the Food packaging to determine the proper testing of the Food. This further drives the market towards growth. Moreover, the growing Food processing and Packaging industry owing to the surge in demand for packaged Food and confectionary food products supports the market growth. The rising manufacturing and Processing, the demand for safety testing increases. Although, a moderate growth is expected from the industry during the pandemic due to the spread of the COVID-19. As relaxations are provided by governments on the food label norms manufacturers to ensure an ample supply of essential food products to the population particularly in economies affected by lockdown. However, Post-Pandemic the industry will witness a surge in the growth rate due to the changing consumer mindset and safety. Moreover, the outbreaks caused due to this disease further encourages the government to introduce various regulations on food safety and its quality. These factors will provide a boost to the market growth post COVID-19. This can be seen through the interim Guidelines issued by the World Health Organization on 7th April 2020 regarding guidance for Food Businesses. These guidelines encourage all the food manufacturing facilities to ensure the disease prevention measures and train the work force to comply to it. Hence, Post COVID-19 rise in adoption of Food Safety testing is projected to prevent such pandemics. However, excessive use of additives in the food products and stringent governmental regulations regarding preservatives hinders the market growth.

The regional analysis of global Food Safety Testing market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to strict government regulations and high demand for packaged foods in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising food processing industries and increasing consumer awareness would create lucrative growth prospects for the Food Safety Testing market across Asia-Pacific region.

Major market player included in this report are:

Eurofins (Luxembourg)

SGS S.A (Switzerland)

Intertek Group plc (UK)

Bureau Veritas (France)

TUV SUD (Germany)

ALS Limited (Australia)

Merieux NutriSciences (US)

TUV Nord Group (Germany)

Microbac Laboratories Inc. (US)

AsureQuality Limited (Australia)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Testing Technologies:

DNA-based

Immunoassay-based

Chromatography- & Spectroscopy-based

By Targets Tested:

Pathogen

GMO

Allergen

Mycotoxin

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2016, 2017, 2018

Base year - 20198

Forecast period - 2020 to 2026

Target Audience of the Global Food Safety Testing Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
    • 1.2.1. Food Safety Testing Market, by Region, 2018-2026 (USD Billion)
    • 1.2.2. Food Safety Testing Market, by Testing Technologies, 2018-2026 (USD Billion)
    • 1.2.3. Food Safety Testing Market, by Targets Tested, 2018-2026 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Food Safety Testing Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Food Safety Testing Market Dynamics

  • 3.1. Food Safety Testing Market Impact Analysis (2018-2026)
    • 3.1.1. Market Drivers
    • 3.1.2. Market Challenges
    • 3.1.3. Market Opportunities

Chapter 4. Global Food Safety Testing Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2016-2026)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Food Safety Testing Market, by Testing Technologies

  • 5.1. Market Snapshot
  • 5.2. Global Food Safety Testing Market by Testing Technologies, Performance - Potential Analysis
  • 5.3. Global Food Safety Testing Market Estimates & Forecasts by Testing Technologies 2016-2026 (USD Billion)
  • 5.4. Food Safety Testing Market, Sub Segment Analysis
    • 5.4.1. DNA-based
    • 5.4.2. Immunoassay-based
    • 5.4.3. Chromatography- & Spectroscopy-based

Chapter 6. Global Food Safety Testing Market, by Targets Tested

  • 6.1. Market Snapshot
  • 6.2. Global Food Safety Testing Market by Targets Tested, Performance - Potential Analysis
  • 6.3. Global Food Safety Testing Market Estimates & Forecasts by Targets Tested 2016-2026 (USD Billion)
  • 6.4. Food Safety Testing Market, Sub Segment Analysis
    • 6.4.1. Pathogen
    • 6.4.2. GMO
    • 6.4.3. Allergen
    • 6.4.4. Mycotoxin

Chapter 7. Global Food Safety Testing Market, Regional Analysis

  • 7.1. Food Safety Testing Market, Regional Market Snapshot
  • 7.2. North America Food Safety Testing Market
    • 7.2.1. U.S. Food Safety Testing Market
      • 7.2.1.1. Testing Technologies breakdown estimates & forecasts, 2016-2026
      • 7.2.1.2. Targets Tested breakdown estimates & forecasts, 2016-2026
    • 7.2.2. Canada Food Safety Testing Market
  • 7.3. Europe Food Safety Testing Market Snapshot
    • 7.3.1. U.K. Food Safety Testing Market
    • 7.3.2. Germany Food Safety Testing Market
    • 7.3.3. Rest of Europe Food Safety Testing Market
  • 7.4. Asia-Pacific Food Safety Testing Market Snapshot
    • 7.4.1. China Food Safety Testing Market
    • 7.4.2. India Food Safety Testing Market
    • 7.4.3. Japan Food Safety Testing Market
    • 7.4.4. Rest of Asia Pacific Food Safety Testing Market
  • 7.5. Latin America Food Safety Testing Market Snapshot
    • 7.5.1. Brazil Food Safety Testing Market
    • 7.5.2. Mexico Food Safety Testing Market
  • 7.6. Rest of The World Food Safety Testing Market

Chapter 8. Competitive Intelligence

  • 8.1. Top Market Strategies
  • 8.2. Company Profiles
    • 8.2.1. Eurofins (Luxembourg)
      • 8.2.1.1. Key Information
      • 8.2.1.2. Overview
      • 8.2.1.3. Financial (Subject to Data Availability)
      • 8.2.1.4. Product Summary
      • 8.2.1.5. Recent Developments
    • 8.2.2. SGS S.A (Switzerland)
    • 8.2.3. Intertek Group plc (UK)
    • 8.2.4. Bureau Veritas (France)
    • 8.2.5. TUV SUD (Germany)
    • 8.2.6. ALS Limited (Australia)
    • 8.2.7. Merieux NutriSciences (US)
    • 8.2.8. TUV Nord Group (Germany)
    • 8.2.9. Microbac Laboratories Inc. (US)
    • 8.2.10. AsureQuality Limited (Australia)

Chapter 9. Research Process

  • 9.1. Research Process
    • 9.1.1. Data Mining
    • 9.1.2. Analysis
    • 9.1.3. Market Estimation
    • 9.1.4. Validation
    • 9.1.5. Publishing
  • 9.2. Research Attributes
  • 9.3. Research Assumption

List of Tables

  • TABLE 1. List of secondary sources, used in the study of global Food Safety Testing market
  • TABLE 2. List of primary sources, used in the study of global Food Safety Testing market
  • TABLE 3. Global Food Safety Testing market, report scope
  • TABLE 4. Years considered for the study
  • TABLE 5. Exchange rates considered
  • TABLE 6. Global Food Safety Testing market estimates & forecasts by region 2016-2026 (USD billion)
  • TABLE 7. Global Food Safety Testing market estimates & forecasts by Testing Technologies 2016-2026 (USD billion)
  • TABLE 8. Global Food Safety Testing market estimates & forecasts by Targets Tested 2016-2026 (USD billion)
  • TABLE 9. Global Food Safety Testing market by segment, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 10. Global Food Safety Testing market by region, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 11. Global Food Safety Testing market by segment, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 12. Global Food Safety Testing market by region, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 13. Global Food Safety Testing market by segment, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 14. Global Food Safety Testing market by region, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 15. Global Food Safety Testing market by segment, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 16. Global Food Safety Testing market by region, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 17. Global Food Safety Testing market by segment, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 18. Global Food Safety Testing market by region, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 19. Global Food Safety Testing market by segment, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 20. Global Food Safety Testing market by region, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 21. Global Food Safety Testing market by segment, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 22. Global Food Safety Testing market by region, estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 23. U.S. Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 24. U.S. Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 25. U.S. Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 26. Canada Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 27. Canada Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 28. Canada Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 29. UK Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 30. UK Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 31. UK Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 32. Germany Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 33. Germany Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 34. Germany Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 35. RoE Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 36. RoE Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 37. RoE Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 38. China Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 39. China Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 40. China Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 41. India Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 42. India Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 43. India Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 44. Japan Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 45. Japan Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 46. Japan Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 47. RoAPAC Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 48. RoAPAC Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 49. RoAPAC Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 50. Brazil Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 51. Brazil Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 52. Brazil Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 53. Mexico Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 54. Mexico Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 55. Mexico Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 56. RoLA Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 57. RoLA Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 58. RoLA Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 59. RoW Food Safety Testing market estimates & forecasts, 2016-2026 (USD billion)
  • TABLE 60. RoW Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)
  • TABLE 61. RoW Food Safety Testing market estimates & forecasts by segment 2016-2026 (USD billion)

List of Figures

  • FIG 1. Global Food Safety Testing market, research methodology
  • FIG 2. Global Food Safety Testing market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Food Safety Testing market, key trends 2019
  • FIG 5. Global Food Safety Testing market, growth prospects 2020-2026
  • FIG 6. Global Food Safety Testing market, porters 5 force model
  • FIG 7. Global Food Safety Testing market, pest analysis
  • FIG 8. Global Food Safety Testing market, value chain analysis
  • FIG 9. Global Food Safety Testing market by segment, 2016 & 2026 (USD billion)
  • FIG 10. Global Food Safety Testing market by segment, 2016 & 2026 (USD billion)
  • FIG 11. Global Food Safety Testing market by segment, 2016 & 2026 (USD billion)
  • FIG 12. Global Food Safety Testing market by segment, 2016 & 2026 (USD billion)
  • FIG 13. Global Food Safety Testing market by segment, 2016 & 2026 (USD billion)
  • FIG 14. Global Food Safety Testing market by segment, 2016 & 2026 (USD billion)
  • FIG 15. Global Food Safety Testing market by segment, 2016 & 2026 (USD billion)
  • FIG 16. Global Food Safety Testing market, regional snapshot 2016 & 2026
  • FIG 17. North America Food Safety Testing market 2016 & 2026 (USD billion)
  • FIG 18. Europe Food Safety Testing market 2016 & 2026 (USD billion)
  • FIG 19. Asia pacific Food Safety Testing market 2016 & 2026 (USD billion)
  • FIG 20. Latin America Food Safety Testing market 2016 & 2026 (USD billion)
  • FIG 21. Global Food Safety Testing market, company market share analysis (2019)
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