Global Food Safety Testing Market Strategy Report 2023-2030: Pesticide Residue Testing Market Rides on the Growing Need to Limit Pesticide Remnants in the Food Supply Chain
Global Food Safety Testing Market to Reach $31.3 Billion by 2030
The global Food Safety Testing market, valued at US$19.2 Billion in 2022, is projected to expand to US$31.3 Billion by 2030, with a CAGR of 6.3% during 2022-2030.
The market analysis delves into various segments, including Microbiological Testing, Residues & Contamination Testing, Chemical & Nutritional Testing, Allergen Testing, GMO Testing, and more.
The report provides insights into annual sales, percentage CAGR, and value distribution across applications like Meat, Poultry, & Seafood Products, Processed Food, Dairy & Dairy Products, Beverages, Cereals & Grains, and Others. Notably, Microbiological Testing is predicted to attain a 6.1% CAGR and reach US$8.5 Billion during the analysis period. The Residues & Contamination Testing segment is expected to exhibit a growth rate of 6.6% post-pandemic recovery.
The U.S. Food Safety Testing market is valued at US$4.1 Billion in 2022, while China is poised to achieve a market size of US$2.2 Billion by 2030 with an 8.1% CAGR. Japan and Canada are also anticipated to experience growth, along with Germany in Europe. The Asia-Pacific market, led by countries like Australia, India, and South Korea, is projected to reach US$2.5 Billion by 2030.
What's New?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of COVID-19 on Food Safety Testing Industry
Increasing Risk of Food Fraud a Major Concern for Food Companies
Rising Need for Universal Food Safety and Security Regulatory Reforms
US Implements Safety Norms for Food Safety Companies
FDA's New Era of Smarter Food Safety
Requirements on Food Labeling Eased Temporarily in the United States
Food Safety Emerges as a Major Concern for Public Health Systems
Increasing Focus on Safe and High-Quality Foods Propels Food Safety Testing Market
A Bird's Eye View of Food Testing Market
Growing Need to Curb Foodborne Illnesses Drives Food Safety Testing Market
Developed Economies Lead the Food Safety Testing Market
Developing Economies to Spearhead Future Market Growth
Microbiological Testing Segment Leads, GMO Testing Poised to Post High Growth
Rising Threat of Pathogen Contamination Drives Growth in Pathogen Testing Market
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