Asia-Pacific Food Safety Testing Market Share | Factors Contributing to Growth and Forecast up to 2030
Food Safety Testing Market Scope:
The supply and quality of food are under a constant global threat. Due to this prevalent threat, there lies a growing demand for test products that can ensure both food safety and optimal food quality. Food safety is a process wherein the food is managed, prepared, and stored in different ways to protect it from being unhealthy or unsafe to eat. The testing is conducted to avoid food from being ineffective for consumption. It ensures that the food contains the necessary nutrients. Unsafe or unhealthy food and water are ones that are exposed to dirt or germs and can cause diseases and infection. Lack of food safety can cause food poisoning and other diseases, which can spread from one person to another. To avoid such occurrences, food safety principles are followed and performed.
The region represents a dynamic and rapidly growing Asia-Pacific Food Safety Testing Market services. With a burgeoning population, urbanization, and changing dietary preferences, ensuring the safety and integrity of the food supply is of paramount importance. The region encompasses a diverse landscape of cultures, cuisines, and regulatory frameworks, presenting unique challenges and opportunities for food safety testing providers. Key drivers of the market include increasing incidents of foodborne illnesses, tightening regulations, and growing consumer awareness about food safety issues. Governments across the region are enacting stricter food safety laws and regulations to align with international standards and address emerging risks. Market players are investing in research and development to innovate new testing methodologies and technologies tailored to the specific needs of the Asia-Pacific market. Additionally, partnerships and collaborations between industry stakeholders, government agencies, and research institutions are driving knowledge sharing and capacity building in food safety testing. As the region continues to undergo rapid economic development and urbanization, the demand for reliable and efficient food safety testing solutions is expected to escalate, presenting lucrative opportunities for market growth and expansion.
Over the years, the practice of Food Safety Testing Market has gained significant traction due to the growing incidences of food-borne diseases and food-poisoning caused by contaminated food items. Also, increasing consumer awareness concerning the safety of food items and the availability of the requisite technology to test food are further pushing the expansion of the market. Some of the measures followed herein are the proper storage of food items at suitable temperature and usage of secure raw materials and water. According to the research conducted by Market Research Future (MRFR), Food Safety Testing Market size expected USD 21.31 billion in 2030 and is estimated to grow at over 7.10% CAGR between 2023 and 2030.
Amidst all these positives, it is worth mentioning that a lack of awareness about food safety and regulations among food manufacturers as well as the lack of infrastructure can hinder the market growth of Food Safety Testing Market.
Competitive Analysis:
Some of the major companies identified under this Food Safety Testing Market Companies segmentation are Avomeen analytical services, Campden bri, Bureau veritas sa, Adpen laboratories, Genevac ltd, ALS limited, Accugen laboratories, Bio-Rad laboratories, aegis food testing laboratories, among others.
Market Segmentation:
The Food Safety Testing Market is segmented on the basis of technology, food types, and contaminants.
By Technology: This segmentation includes traditional and rapid technology.
By Contaminant: This segmentation includes contaminants such as GMOs, Pathogens, Pesticides, Toxins, and others. Herein, pathogens will be expected to attain the highest revenue with a projected CAGR of $ 27,334.4 million by 2030.
By Food Type: This segmentation includes dairy products, fruits & vegetables, meat & poultry products, processed food, and others.
Industry News:
January 2019 saw the creation of a new computer program in the US, named Environmental monitoring with an Agent-based Model of listeria (EnABLe). Developed by the scientists at the Cornell University the program will help food professionals that are working to keep the production facilities to be free of food-borne pathogens.
January 2019 saw Fapas, a testing division that is part of the Fera Science, launch a pool of proficiency tests to ensure the safety of baby cereals and food products. The tests are specifically designed to identify the inclusion of ergot alkaloids in multigrain baby food and cereals.
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