Food
Toxin Testing Service are in high demand due to the growing threat of
foodborne diseases, adulteration, and toxicity. Every year, one out of every
ten people becomes ill from a foodborne illness, with children under the age of
five being the most vulnerable.
Newly released data from Food Testing Services Market
analysis by Future Market Insights shows that the global Food Testing Services
Market size is estimated at USD 20 Billion. It is expected to grow at a CAGR of
8.5% for the forecasted year 2022-2032. It is also estimated that the market
size will reach USD 30 Billion by 2032.
Each year, approximately 450,000 people die as a result of
eating contaminated food, according to the World Health Organization (WHO).
These factors highlight the importance of increased care and the construction
of more food-safety facilities.
In developed countries, the Food Toxin Testing Services
market is being driven by rising consumer interest in food quality and
technological advancements. Through safety certifications and compliance, food
processing companies and foodservice organizations are gaining consumer trust.
Increased consumer interest in food safety and quality issues, as well as the
ability to quickly share these issues via social media, combined with expanding
regulatory resourcefulness, such as the Food Safety Modernization Act (FSMA),
are raising the importance of testing.
Key Takeaways from Market Study
- The
United States dominates the global market for Food Toxin Testing Service.
The strict regulations imposed by regulatory bodies are a major factor
driving the growth of the Food Toxin Testing Service market in the United
States.
- The
high occurrence of food safety incidents in China, rising food exports
from China, and globalisation of food trade are driving market growth.
- Because
India is the world’s largest milk producer, rigorous Food Toxin Testing
Services is required before any dairy products are exported or even
consumed in India.
- Spain
is currently driving global market growth and will do so in the future.
- Japan
is one of the most technologically advanced countries in the world. This
helps Japan’s Food Toxin Testing Services industry grow by allowing for
better R&D and, as a result, better measures.
“During the COVID-19 pandemic, there was an increase in
the demand for Food Toxin Testing Service as food manufacturers offered
virus-proof food products to consumers in order to gain a competitive advantage
over other market players. Furthermore, in the face of an increasing virus
threat, government officials are ensuring food product safety,” says a
Future Market Insights analyst.
Who is winning?
Over the last four years, the leading market participants in
the overall Food Toxin Testing Service market have implemented key strategic
developments.
- Eurofins
Scientific, in collaboration with Nestle Research (Lausanne, Switzerland),
developed a new method for identifying fructans in infant formulas and
adult nutrition in October 2020. The method had received official standard
status from the world’s leading standardisation organisations, including
AOAC, ISO, CEN, and IDF.
- SGS
SA’s partnership with RLP AgroScience will benefit the company’s
development of more complex, tailor-made experimental designs for
pesticides, chemicals, biocides, and human/veterinary drugs in February
2021.
- Bureau
Veritas, in collaboration with Leela Palaces (India), launched the
“Surakhsha” initiative in May 2020 to provide high standards of food
safety and hygiene while also leveraging technological services to
maintain hygiene standards.
SGS SA (Switzerland), Intertek Group plc (U.K.), Eurofins
Scientific S.E. (Luxembourg), Thermo Fisher Scientific Inc. (U.S.), ALS Limited
(Australia), Bureau Veritas SA (France), Merieux NutriSciences Corporation
(U.S.), and others are among the key players profiled in the global Food Toxin
Testing Service market.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an
impartial analysis of the global Food Toxin Testing Services market, presenting
historical data (2017-2021) and estimation statistics for the forecast period
of 2022-2032.
Market Segments Covered In Food Toxin Testing Services
Industry Analysis
Type:
- Pathogens
- Salmonella
- Campylobacter
- E.coli
- Listeria
- Others
- Pesticides
- Genetically
Modified Organism (GMO)
- Toxins
- Others
Technology:
- Traditional
- Rapid
- Polymerase
Chain Reaction (PCR)
- DNA
Sequencing/NGS
- Immunoassay
- Chromatography
- Spectroscopy
Food Tested:
- Meat,
Poultry, and Seafood
- Processed
Food
- Fruits
& Vegetables
- Dairy
Products
- Cereals
& Grains
- Others
Region:
- North
America
- Europe
- Asia-Pacific
(APAC)
- Rest
of the World
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individual chapter wise section or region wise report version like North
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Access Full Report: https://www.futuremarketinsights.com/reports/food-testing-market