PUBLISHER: TechNavio | PRODUCT CODE: 1727140
PUBLISHER: TechNavio | PRODUCT CODE: 1727140
The food safety testing market is forecasted to grow by USD 15,384.8 mn during 2024-2029, accelerating at a CAGR of 9% during the forecast period. The report on the food safety testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in involvement of government agencies, growing importance of food safety standards, and rising demand for analytical instruments in food and beverage industries.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 8% |
CAGR | 9% |
Incremental Value | $15,384.8 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's food safety testing market is segmented as below:
By Type
By Technology
By Product Type
By Geographical Landscape
This study identifies the adoption of advanced robotics for automation of food safety testing as one of the prime reasons driving the food safety testing market growth during the next few years. Also, increasing applications of microorganisms and rising improvisation and development of testing technology will lead to sizable demand in the market.
The report on the food safety testing market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading food safety testing market vendors that include ADPEN Laboratories Inc., Agilent Technologies Inc., ALS Ltd., AsureQuality Ltd., Bio Rad Laboratories Inc., BioMerieux SA, Bureau Veritas SA, Campden BRI, Element Materials Technology, EMSL Analytical Inc., Eurofins Scientific SE, FoodChain ID Group Inc., Intertek Group Plc, Merieux NutriSciences Corp., Microbac Laboratories Inc., Neogen Corp., RJ Hill Laboratories Ltd., Romer Labs Division Holding GmbH, Thermo Fisher Scientific Inc., and TUV SUD AG. Also, the food safety testing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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