Food Authenticity Testing Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.95 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Food Authenticity Testing Market Analysis
The global food authentication testing market (henceforth, referred to as the market studied) is projected to register a CAGR of 6.95% during the forecast period, 2021 - 2026.
With the consumer aiming to purchase more authentic, healthy and branded food products during the COVID-19 period, due to the risk of COVID-19 and other viruses in them, therefore the application of services such as food authentication, had further propelled in the year 2020 as compared to other previous years.
Amid the growing prevalence of food fraud in the industry, including the deliberate substitution of ingredients, misleading consumers with false claims, and disruptive labeling, consumers have become skeptical about the authentication of food products meant to serve specific demands, such as vegan, free-form, organic, and others. This, in turn, has led the food manufacturers to opt for food authentication techniques as the most effective way to differentiate their products from conventional offerings, to capture substantial shares in the market.
However, the complexity to maintain the authenticity of the end product, considering identification and management from each stakeholder of the supply chain, makes the food manufacturers opt-out of authentication testing. Moreover, testing, primarily being a voluntary adoption, is perceived to be an extra expense for small manufacturers of the developing regions, like Asia-Pacific and Africa. The testing method poses a budget constraint for the food companies, further posing a restraint to the market.
Food Authenticity Testing Market Trends
This section covers the major market trends shaping the Food Authentication Testing Market according to our research experts:
Shielding from the Increasing Cases of Food Frauds
The growing competition among the food manufacturers has helped the global food fraud cases prevail, giving rise to deliberate substitution, tampering, misrepresentation of food products, faulty packaging, or misleading statements about the products. Small players, in order to aid their economic gains, are tampering common food products, such as milk, by using melamine, urea, and other elements.
According to the Ministry of Health, in 2017, about 143,598 kg of fraudulent food was seized by the financial police in Italy, which majorly constituted fruits, pasta, and legumes. Some of the common products that are susceptible to food frauds are olive oil, milk, honey, and saffron. About 16% of the olive oil consumed, worldwide, is fraudulent in its composition, as indicated by the Food Fraud Database. The acknowledgement of such instances has developed a sense of skepticism among the consumers, regarding the purchase of items based on mere claims.
Europe Dominates the Global Food Authentication Market with Asia-Pacific being the Fastest Growing
Based on geography, Europe has led the global market, owing to the presence of highly-active food companies in the region, which are willing to comply with the stringent regulations in the market. For instance, the Food Standard Agency (FSA) in the United Kingdom is the regulatory body for assuring best food standards in the country. FSA has established the National Food Crime Unit and Food Fraud Unit to monitor any kind of food frauds related to adulteration or mis-labeling of both imported and local products, and the unit is alert in reporting any illegal non-compliance for immediate action.
There have been several instances of food fraud in China and India in the recent years. The fishery and dairy industries in India are highly prone to such cases. Five thousand kilograms of fish preserved with formalin were found in a truck in India. Electronic ID for traceability of products was issued to the aquaculture farmers to prevent the highly prevalent food fraud. Therefore, these cases have led to increased food authentication in these Asian countries.
Food Authenticity Testing Industry Overview
The market studied is a competitive market with key players looking for greater market penetration, especially in the developed markets, where regulatory compliance is strict and public awareness regarding food authentication is also high. Eurofins, Intertek PLC, SGS SA, and Thermo Fisher Scientific are some of the major players in the market studied. Expansions, mergers and acquisitions are some of the most preferred strategies adopted in the food authentication testing industry, globally. Due to the swift nature of the food authentication industry, expansion is the most important strategic approach adopted by these companies.
Food Authenticity Testing Market Leaders
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Intertek Group plc
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SGS SA
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Eurofins Scientific
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Thermo Fisher Scientific
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ALS Limited
*Disclaimer: Major Players sorted in no particular order
Food Authenticity Testing Market News
In October 2019, Eurofins GeneScan Technologies GmbH and UgenTec announced a collaboration on the development of assay plugins for Eurofins GeneScan Technologies' portfolio of molecular biology kits on UgenTec's real-time PCR analysis software platform, FastFinder. The partnership will enable Eurofins to deploy its assays at scale with analysis and automated result reporting included, ensuring the fast sample-to-result times required in food, feed, and seed testing.
In January 2018, SGS acquired Vanguard Sciences Inc. to introduce the expertise and capabilities of the company's two food laboratories to its global network of agriculture and food labs. The two laboratories offer a broad spectrum of food and agricultural testing services, including product testing and research and development (which includes process and product validation).
In February 2018, NSF International launched its new, independent testing protocol and verification program under the name NSF DNA Authenticated for raw botanical ingredients that are used in the dietary supplement industry.
Food Authenticity Testing Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Technology
- 5.1.1 PCR Technique
- 5.1.2 DNA Sequencing/Barcoding
- 5.1.3 Next-generation Sequencing
- 5.1.4 ELISA
- 5.1.5 NMR Technique/Molecular Spectrometry
- 5.1.6 Mass Spectrometry (Liquid or Gas Chromatography)
- 5.1.7 Other Technologies
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5.2 Geography
- 5.2.1 North America
- 5.2.1.1 United States
- 5.2.1.2 Canada
- 5.2.1.3 Mexico
- 5.2.1.4 Rest of North America
- 5.2.2 Europe
- 5.2.2.1 Spain
- 5.2.2.2 United Kingdom
- 5.2.2.3 Germany
- 5.2.2.4 France
- 5.2.2.5 Italy
- 5.2.2.6 Russia
- 5.2.2.7 Rest of Europe
- 5.2.3 Asia-Pacific
- 5.2.3.1 China
- 5.2.3.2 Japan
- 5.2.3.3 India
- 5.2.3.4 Australia
- 5.2.3.5 Rest of Asia-Pacific
- 5.2.4 South America
- 5.2.4.1 Brazil
- 5.2.4.2 Argentina
- 5.2.4.3 Rest of South America
- 5.2.5 Middle-East and Africa
- 5.2.5.1 South Africa
- 5.2.5.2 United Arab Emirates
- 5.2.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
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6.4 Company Profiles
- 6.4.1 Eurofins Scientific
- 6.4.2 Intertek Group PLC
- 6.4.3 SGS SA
- 6.4.4 NSF International
- 6.4.5 EMSL Analytical Inc.
- 6.4.6 Merieux NutriSciences Corporation
- 6.4.7 Thermo Fisher Scientific Inc.
- 6.4.8 Danaher (AB SCIEX LLC)
- 6.4.9 ALS Limited
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. THE IMPACT OF COVID-19 IN THE MARKET
** Subject To AvailablityFood Authenticity Testing Industry Segmentation
Food authentication is the process that verifies that food is in compliance with its label description. The food authentication testing market studied is segmented by technology into PCR Technique, DNA Sequencing/Barcoding, Next-generation Sequencing, ELISA, NMR Technique/Molecular Spectrometry, Mass Spectrometry (Liquid or Gas Chromatography), and other technologies. Based on geography, the market is segmented into North America, Europe, Asia-Pacific, South America, Middle-East and Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
| By Technology | PCR Technique | |
| DNA Sequencing/Barcoding | ||
| Next-generation Sequencing | ||
| ELISA | ||
| NMR Technique/Molecular Spectrometry | ||
| Mass Spectrometry (Liquid or Gas Chromatography) | ||
| Other Technologies | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | Spain |
| United Kingdom | ||
| Germany | ||
| France | ||
| Italy | ||
| Russia | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | South Africa |
| United Arab Emirates | ||
| Rest of Middle-East and Africa |
Food Authenticity Testing Market Research FAQs
What is the current Food Authentication Testing Market size?
The Food Authentication Testing Market is projected to register a CAGR of 6.95% during the forecast period (2024-2029)
Who are the key players in Food Authentication Testing Market?
Intertek Group plc, SGS SA, Eurofins Scientific, Thermo Fisher Scientific and ALS Limited are the major companies operating in the Food Authentication Testing Market.
Which is the fastest growing region in Food Authentication Testing Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Food Authentication Testing Market?
In 2024, the Europe accounts for the largest market share in Food Authentication Testing Market.
What years does this Food Authentication Testing Market cover?
The report covers the Food Authentication Testing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Food Authentication Testing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Food Authenticity Testing Industry Report
Statistics for the 2024 Food Authenticity Testing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Food Authenticity Testing analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
