Food Safety Testing Market Size, Share, Growth, Trends and Industry Analysis Report, 2019 to 2025

The global food safety testing market size was estimated at USD 18.0 billion in 2018, growing at a CAGR of 7.7% from 2019 to 2025. A rise in the cases of chemical contamination in food processing industries owing to improper use of techniques in the production of ready-to-eat meals is likely to boost the product demand in the market over the forecast period.

(firmenpresse) - The global food safety testing market size is expected to reach USD 30.1 billion by 2025, escalating at a CAGR of 7.7% over the forecast period, as per a new report by Grand View Research Inc. Rise in the outbreak of foodborne diseases and the enforcement of stringent regulatory norms regarding optimum quality of edible items are expected to drive the demand for product safety in the market over the projected period.

Governments and food producers have undertaken extensive efforts to improve the quality of edible products owing to health concerns and economic losses caused by contamination. In addition, the presence of authorities, such as the FDA and FSSAI, to ensure conformance to quality standards for the products, is expected to result in increased safety checks. The market for this type of safety checks is highly competitive in nature as key players compete not only with other companies that conduct tests but also with the internal analytics departments of end users and government agencies.

The food safety testing market is witnessing notable technological developments such as the usage of electrical biosensors in microbiological safety testing. This is expected to reduce the analysis time with increased accuracy in results. In addition, increasing expenditure by processing companies to ensure higher quality of edible items is expected to bode well for market growth.

The existence of inadequate regulatory infrastructure in underdeveloped countries due to limited resources and lack of restructuring of food regulatory agencies is expected to limit growth. However, the industry in Asia Pacific is expected to grow owing to notable growth of food processing sector in developing economies such as India and China and the enforcement of stringent regulations regarding product safety.
Increasing awareness regarding quality checks and the examining of edible products are also expected to contribute to the market growth over the forecast period.

Further key findings from the report suggest:


& dairy products segment is expected to grow at a CAGR of 7.7% from 2019 to 2025 owing to increasing assessment of shelf-life for milk & dairy products to demonstrate compliance with statutory requirements

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Datum: 10.10.2019 - 04:54 Uhr
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