How big is the Food Safety Testing Market?

The Food Safety Testing Market size is expected to reach USD 23.58 billion in 2024 and grow at a CAGR of 7.43% to reach USD 33.73 billion by 2029. Read More

What is the current Food Safety Testing Market size?

In 2024, the Food Safety Testing Market size is expected to reach USD 23.58 billion. Read More

Who are the key players in Food Safety Testing Market?

NSF International, SGS Group, Bureau Veritas, Eurofins Scientific SE and Intertek Group PLC are the major companies operating in the Food Safety Testing Market. Read More

Which is the fastest growing region in Food Safety Testing Market?

Middle East and Africa is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Food Safety Testing Market?

In 2024, the Europe accounts for the largest market share in Food Safety Testing Market. Read More

What years does this Food Safety Testing Market cover, and what was the market size in 2023?

In 2023, the Food Safety Testing Market size was estimated at USD 21.95 billion. The report covers the Food Safety Testing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Food Safety Testing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the emerging technologies in the Food Safety Testing?

The emerging technologies in the Food Safety Testing are a) Rapid PCR testing b) Biosensors c) Whole genome sequencing for more precise pathogen detection Read More

Food Safety Testing Market Report and Analysis: Market Share, Growth, and Value

Food Safety Testing Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

Global Food Safety Diagnostics Market is segmented by Contaminant Testing (Pathogen Testing, Pesticide and Residue Testing, Mycotoxin Testing, GMO Testing, Allergen Testing, and Other Contaminant Testing), by Technology (Polymerase Chain Reaction (PCR), Immunoassay-based, Chromatography and Spectrometry, and Other Technologies), by Application (Animal Feed and Pet Food, and Food), and by Geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). The report offers market size and values in (USD Million) for the above segments during the forecast years.

Food Safety Testing Industry Overview

The global food safety testing market is highly competitive owing to the presence of multiple regional and multinational companies. International players dominate the market studied. The leading players, including Eurofins Scientific, SGS SA ALS Limited, Bureau Veritas Group, and Intertek, hold a significant share of the market studied. Major players in the market studied are increasing their investments in research and development and have been expanding their businesses to maintain their position. For instance, in February 2022, following the acquisition of TestAmerica in the United States by Eurofins in 2018, site rationalizations and reorganizations have been progressing continuously. In 2019, an 18,000 m² plot of land that includes a 7,950 m² building in California, United States, was purchased. Subsequently, the building was redeveloped to consolidate the Eurofins Calscience LLC and TestAmerica Irvine laboratories into one premise.