Market Introduction
Food safety testing is a scientific analysis of a food product and its contents to find information about various characteristics such as physiochemical properties, composition, and structure. The information is used to determine the safety of the product for consumption. The rising prevalence of foodborne illnesses demands food safety testing for all food and beverage products to prevent health hazards, which boosts the growth of the food safety testing market.
Market Overview and Dynamics
The North America food safety testing market is projected to reach US$ 13,233.6 million by 2028 from an estimated value of US$ 8,109.6 million in 2021; it is estimated to grow at a CAGR of 7.2% from 2021 to 2028. The major factors driving the market’s growth are the greater emergence of foodborne illness and the ascension of North America food & beverages industry. However, the insufficient food safety testing methods are hampering the market growth.
Foodborne illnesses are caused by chemical substances, parasites, and viruses entering the body through contaminated water or food. Examples of unsafe food include raw shellfish containing marine biotoxins, vegetables and fruits contaminated with feces, and uncooked foods of animal origin. E. coli, campylobacter, and salmonella are among the common foodborne pathogens that affect millions of people worldwide annually and result in fatal or severe outcomes. Symptoms include diarrhea, abdominal pain, vomiting, nausea, headache, and fever. Various types of seafood, millet gruel, vegetables, and rice have been implicated in cholera outbreaks. Further, the misuse and overuse of antimicrobials in human and veterinary medicine have been linked to the emergence of resistant bacteria rendering the treatment of humans and animals ineffective. Antimicrobial medicine is identified as one of the biggest threats to modern medicine. Therefore, it has become essential to detect the contaminants beforehand and prevent them from entering the food chain. Thus, the importance of food safety testing has been increasing globally in terms of volume. As per data published by WHO, unsafe food causes 420,000 deaths and 600 million cases of foodborne diseases are reported worldwide each year. Foodborne diseases are preventable; hence, numerous organizations along with governments are leading coordinated action across multiple industries to build resilient and strong food safety systems. The involved parties are heavily investing in providing consumers with tools to make safe food choices. Moreover, a 2018 World Bank report estimated that the economic burden through a total loss of productivity faced due to foodborne illnesses was estimated to be US$ 95.2 billion per year. The annual cost of treating foodborne illnesses is estimated to be US$ 15 billion.
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North America is one of the worst-affected economies due to the COVID-19 pandemic. The unprecedented rise in the number of COVID-19 cases across the US and Canada, along with the subsequent lockdown of manufacturing facilities in the countries, has negatively influenced the growth of various markets. The outbreak of COVID-19 positively impacted the food safety testing market as consumers and governments are more focused on the safety and hygiene of products meant for consumption. The food & beverages industry faced challenges amid the COVID-19 pandemic as the SARS-CoV-2 is highly infectious and could travel through food surfaces. For instance, the US Department of Health & Human Services reported in July 2020 that 239 facilities in 23 states fell subject to COVID-19 infection. Such cases of food-related COVID-19 infections have created apprehensions among consumers and governments alike, leading to a greater demand for food safety testing to mitigate health risks.
Key Market Segments
Based on contaminant, the North America food safety testing market is segmented into pathogens, pesticides, toxins, GMOS, and others. The pathogens segment is further sub-segmented into salmonella, E. coli, listeria, and others. The pathogens segment would hold the largest market share in 2021; however, the GMOS segment is anticipated to register the highest CAGR during the forecast period.
Based on technology, the North America food safety testing market is bifurcated into traditional and rapid. The rapid segment is further sub-segmented into PCR-Based testing, immunoassay-based testing, and others. The rapid segment is likely to hold a larger market share in 2021 and is expected to grow at a faster CAGR from 2021 to 2028.
Based on food type, the North America food safety testing market is segmented into meat, poultry, and seafood products, dairy products, cereals and grains, processed food, fruits and vegetables, and others. The meat, poultry, & seafood products segment would hold the largest share of the market in 2021; however, the fruits and vegetables segment is anticipated to register the highest CAGR during the forecast period.
Major Sources and Companies Listed
A few market players referred to while preparing the report on the North America food safety testing market are SGS SA, Eurofins Scientific, and Intertek Group Plc.
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North America Food Safety Testing Strategic Insights
Strategic insights for the North America Food Safety Testing provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Market leaders and key company profiles
ď‚· SGS SA
ď‚· Eurofins Scientific
ď‚· Intertek Group Plc
ď‚· T?V S?D
ď‚· T?V NORD GROUP.
ď‚· Bureau Veritas
ď‚· NEOGEN Corporation
ď‚· ALS Limited
North America Food Safety Testing Regional Insights
The geographic scope of the North America Food Safety Testing refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights
