Market Share of Food Safety Testing Industry
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.
Food Safety Testing Market Leaders
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NSF International
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SGS Group
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Bureau Veritas
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Eurofins Scientific SE
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Intertek Group PLC
*Disclaimer: Major Players sorted in no particular order
