Press release
Food Safety Testing Market 2024 - Growth by Regional Segments, Upcoming Business Strategies, Industry Revenue And Forecast by 2033
The new report published by The Business Research Company, titled ""Food Safety Testing Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the food safety testing market size has grown strongly in recent years. It will grow from $23.3 billion in 2023 to $25.56 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The food safety testing market size is expected to see rapid growth in the next few years. It will grow to $37.99 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=6620&type=smp
The Impact Of Convenience And Processed Foods On Food Safety Testing Market Growth
The rise in demand for convenience and processed food is expected to drive the food safety testing market. Increase in income level of people due to the growth of the economy specifically in the developing nations has led to a rise in demand for processed and convenience foods. Food safety testing is used in the processed food industry to ensure the quality of packaged food. For instance, according to a joint study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), India, and Grant Thornton, UK, the processed food area can draw in $33 billion in investments by 2024 and has a degree for huge interests in food handling advances and handling hardware, as the complete food creation in India is assessed to double by 2024. Therefore, rise in demand for convenience and processed food drives the growth of food testing market.
Technological Advancements Shaping The Future Of Food Safety Testing
Technological advancements are shaping the food safety testing market. Advancements and development of smart testing techniques in the field of analytical chemistry designed to provide accurate and cost-effective analytical solutions are being adopted by food and beverages manufacturers all around the globe. These testing systems can be effectively integrated into routine food screening protocols at each stage of the production and manufacturing processes. For instance, in 2020, Eurofins, the world's leading food and feed testing laboratory group, has announced a launch of the SENSIStrip Allergen product range, that quickly detects allergens, which must be labeled on packaged food, and beverage related products.
The food safety testing market covered in this report is segmented -
1) By Contaminant: Pathogens, Pesticides, Genetically Modified Organisms (GMOs), Toxins, Others Containments
2) By Technology: Traditional, Rapid
3) By Application: Meat, Poultry, And Seafood Products, Dairy And Dairy Products, Processed Food, Beverages, Cereals And Grains
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=6620&type=discount
Major companies operating in the food safety testing market include SGS SA, Eurofins Scientific SE, Intertek Group plc, Bureau Veritas SA, ALS Limited, TÜV SÜD AG, AsureQuality Limited, Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Microbac Laboratories Inc., Symbio Laboratories, DNV GL, NSF International, Idexx Laboratories Inc., Neogen Corporation, Agilent Technologies Inc., Shimadzu Corporation, PerkinElmer Inc., Merieux NutriSciences Corporation, The SOCOTEC Group, Aspirata, Danaher Corporation, Mettler-Toledo International Inc., Romer Labs Division Holding GmbH, Charm Sciences Inc., Hygiena LLC, R-Biopharm AG, MilliporeSigma, 3M Company, QIAGEN N.V.
Contents of the report:
1. Executive Summary
2. Food Safety Testing Market Report Structure
3. Food Safety Testing Market Trends And Strategies
4. Food Safety Testing Market - Macro Economic Scenario
5. Food Safety Testing Market Size And Growth
…..
27. Food Safety Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/food-safety-testing-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
As per the report, the food safety testing market size has grown strongly in recent years. It will grow from $23.3 billion in 2023 to $25.56 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The food safety testing market size is expected to see rapid growth in the next few years. It will grow to $37.99 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=6620&type=smp
The Impact Of Convenience And Processed Foods On Food Safety Testing Market Growth
The rise in demand for convenience and processed food is expected to drive the food safety testing market. Increase in income level of people due to the growth of the economy specifically in the developing nations has led to a rise in demand for processed and convenience foods. Food safety testing is used in the processed food industry to ensure the quality of packaged food. For instance, according to a joint study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), India, and Grant Thornton, UK, the processed food area can draw in $33 billion in investments by 2024 and has a degree for huge interests in food handling advances and handling hardware, as the complete food creation in India is assessed to double by 2024. Therefore, rise in demand for convenience and processed food drives the growth of food testing market.
Technological Advancements Shaping The Future Of Food Safety Testing
Technological advancements are shaping the food safety testing market. Advancements and development of smart testing techniques in the field of analytical chemistry designed to provide accurate and cost-effective analytical solutions are being adopted by food and beverages manufacturers all around the globe. These testing systems can be effectively integrated into routine food screening protocols at each stage of the production and manufacturing processes. For instance, in 2020, Eurofins, the world's leading food and feed testing laboratory group, has announced a launch of the SENSIStrip Allergen product range, that quickly detects allergens, which must be labeled on packaged food, and beverage related products.
The food safety testing market covered in this report is segmented -
1) By Contaminant: Pathogens, Pesticides, Genetically Modified Organisms (GMOs), Toxins, Others Containments
2) By Technology: Traditional, Rapid
3) By Application: Meat, Poultry, And Seafood Products, Dairy And Dairy Products, Processed Food, Beverages, Cereals And Grains
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=6620&type=discount
Major companies operating in the food safety testing market include SGS SA, Eurofins Scientific SE, Intertek Group plc, Bureau Veritas SA, ALS Limited, TÜV SÜD AG, AsureQuality Limited, Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Microbac Laboratories Inc., Symbio Laboratories, DNV GL, NSF International, Idexx Laboratories Inc., Neogen Corporation, Agilent Technologies Inc., Shimadzu Corporation, PerkinElmer Inc., Merieux NutriSciences Corporation, The SOCOTEC Group, Aspirata, Danaher Corporation, Mettler-Toledo International Inc., Romer Labs Division Holding GmbH, Charm Sciences Inc., Hygiena LLC, R-Biopharm AG, MilliporeSigma, 3M Company, QIAGEN N.V.
Contents of the report:
1. Executive Summary
2. Food Safety Testing Market Report Structure
3. Food Safety Testing Market Trends And Strategies
4. Food Safety Testing Market - Macro Economic Scenario
5. Food Safety Testing Market Size And Growth
…..
27. Food Safety Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/food-safety-testing-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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