Food Safety Testing Market Size, Share, Trends and Growth
The food safety testing market is projected to grow at a CAGR of 8.2% from an estimated value of USD 22.7 billion in 2023 to reach USD 33.7 billion by 2028. The food safety testing market is experiencing growth due to various factors. These include the global nature of the food supply chain has increased the complexity of ensuring food safety. With food products crossing international borders, there...
Top Driving Factors of the Food Safety Testing Market
The global food safety testing market size is estimated to reach $31.1 billion by 2027, growing at a 8.1% compound annual growth rate (CAGR). The global market size was valued $21.1 billion in 2022.
The food safety testing market refers to the industry involved in ensuring that the food we consume meets safety and quality standards. This market encompasses various testing methods, technologies,...
New Revenue Sources in Food Safety Testing Market
The food safety testing market has been experiencing steady growth globally. With increasing concerns about foodborne illnesses, stringent regulations, and consumer awareness regarding food safety, the demand for food safety testing has been on the rise. The global food safety testing market size is estimated to reach $31.1 billion by 2027, growing at a 8.1% compound annual growth rate (CAGR)....
Opportunities for New Market Entrants in Food Safety Testing Market
The Food Safety Testing Market is estimated at USD 21.1 billion in 2022; it is projected to grow at a CAGR of 8.1% to reach USD 31.1 billion by 2027, according to a new report by MarketsandMarkets™.
The importance of food safety testing is rising as a result of growing public interest in food safety and quality issues, as well as the ability to broadcast these issues quickly via social media...
Food Safety Testing Market: Growth Opportunities and Recent Developments
The market for food safety testing is estimated to be USD 19.5 billion in 2021; it is projected to grow at a CAGR of 7.9% to reach USD 28.6 billion by 2026. The growth in the food safety testing market is attributed to the worldwide increase in the number of outbreaks of foodborne illnesses, implementation of stringent food safety regulations, and globalization of food supply. Lack of coordination...
Food Safety Testing Market to Witness Revolutionary Growth by 2026
The market for food safety testing is estimated to be USD 19.5 billion in 2021; it is projected to grow at a CAGR of 7.9% to reach USD 28.6 billion by 2026. The growth in the food safety testing market is attributed to the worldwide increase in the number of outbreaks of foodborne illnesses, implementation of stringent food safety regulations, and globalization of food supply. Lack of...
Key Trends Shaping the Food Safety Testing Market
The report “Food Safety Testing Market by Target Tested (Pathogens, Pesticides, GMOs, Mycotoxin, and Allergens), Technology (Traditional and Rapid), Food Tested (Meat, Poultry, Seafood, Dairy, Processed Foods, and Fruits & Vegetables), and Region-Global Forecast to 2023″, published by MarketsandMarkets™. Consumers are becoming more sensitive about the impact of food products on their...
Key Trends Shaping the Food Safety Testing Market
The report “Food Safety Testing Market by Target Tested (Pathogens, Pesticides, GMOs, Mycotoxin, and Allergens), Technology (Traditional and Rapid), Food Tested (Meat, Poultry, Seafood, Dairy, Processed Foods, and Fruits & Vegetables), and Region-Global Forecast to 2023″. Consumers are becoming more sensitive about the impact of food products on their health.
With the...
Global Increase in Outbreaks of Foodborne Illnesses to Drive the Market for Food Safety Testing
The food safety testing market is projected to grow at a CAGR of 7.60% from 2017, to reach a projected value of USD 18.54 Billion by 2022. The growth of this market can be attributed to the global rise in foodborne outbreaks, advancements in testing technologies, globalization of food supply, and stringent international food safety regulations.
The food safety testing market caters to the food &...
Food on the go!
The world, often labeled a global village, seems to be drawing closer and closer each day. Years ago, food was always produced, distributed, and consumed locally, but times have changed. With the growing population, comes the need for transporting food and to densely populated areas and to areas where food is not produced or is insufficiently produced. The world’s population is estimated to reach...