Food Safety Testing Market Set to Record Exponential Growth by 2030: Grand View Research Inc.

 Food Safety Testing Market Growth & Trends

The global food safety testing market size is expected to reach USD 38.25 billion by 2030, registering a CAGR of 7.8% from 2024 to 2030, according to 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.

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Food Safety Testing Market Report Highlights 

• Allergen segment accounted for 12.8% of the revenue share of the market in 2023 owing to its extensive usage in advanced production processes and minimize contamination risks
• Dairy & dairy products segment is expected to grow at a CAGR of 7.7% from 2024 to 2030 owing to increasing assessment of shelf-life for milk & dairy products to demonstrate compliance with statutory requirements
• The Asia Pacific food safety testing market is anticipated to grow at a CAGR of 9.0% over the forecast period. The market is growing owing to the implementation of stringent rules and regulation regarding the food.

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Food Safety Testing Market Segmentation

Grand View Research has segmented the global food safety testing market based on test, application, and region:

Food Safety Testing Test Outlook (Revenue, USD Billion, 2018 - 2030)

• Allergen Testing
• Chemical & Nutritional Testing
• Genetically Modified Organism (GMO) Testing
• Microbiological Testing
• Residues & Contamination Testing
• Others

Food Safety Testing Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Meat, Poultry, & Seafood Products
• Dairy & Dairy Products
• Processed Food
• Beverages
• Cereals & Grains
• Others

Food Safety Testing Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
• Asia Pacific
  • China
  • Japan
  • India
• Central & South America
  • Brazil
  • Peru
  • Ecuador
  • Bolivia
  • Colombia
  • Paraguay
  • Costa Rica
  • Guatemala
• Middle East & Africa
  • South Africa

List Of Key Players Food Safety Testing Market

• SGS S.A.
• NSF International
• Bureau Veritas
• Eurofins Scientific SE
• Intertek Group PLC
• Merieux Nutrisciences
• TUV SUD
• UL LLC
• Asurequality Limited

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.