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Food Pathogen Testing Market to surpass $9Bn by 2030, says Global Market Insights Inc.
A few of the leading industry drivers include the presence of key food safety regulations and strict monitoring by food safety organizations. For instance, in the UK, the Food Safety Agency (FSA) was established to address the concerns associated with outbreaks of foodborne illnesses caused by pathogens. Implementation of programs focusing on imported foods, hygiene policy, and compliance to reduce foodborne disease will foster pathogen testing developments.
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Lack of awareness and compliance with food & safety norms among manufacturers in developing countries, in addition to infrastructure deficit, are key factors that could hamper the industry growth. A shifting focus toward advanced storage infrastructure, enhanced food control capabilities and improved awareness may help to tackle the market restrictions.
The study finds that global food pathogen testing market share from campylobacter contaminants will depict over 6.5% CAGR from 2022 to 2030. Campylobacter is a bacteria associated with food poisoning and bacterial gastroenteritis. It causes foodborne illnesses via consumables such as contaminated chicken, raw dairy products, and undercooked meat. Rising incidences of foodborne illnesses in developed countries with greater consumption of processed or raw meat will expand the use of pathogen testing.
Food pathogen testing is prominently done for fruits and vegetables to detect GMOs, chemicals, pesticides, and pathogens, says the report. There is a complex supply chain comprising a long cycle of distribution and consumption for the products. Fresh fruits and vegetables stock needs multiple interventions for quality assessment and pathogen testing prior to consumption. The food pathogen testing market share from fruits and vegetables segment is anticipated to exhibit over 7% CAGR between 2022-2030.
Europe food pathogen testing market share will expand at nearly 7.8% CAGR up to 2030. The region has witnessed strong efforts to strengthen food security, safety, and hygiene for consumers. Rising investments in overall healthcare infrastructure will support the industry outlook. European governments have invested several billion dollars in local healthcare infrastructure to address outbreaks of foodborne diseases. For example, in 2021, the government in Poland had announced an investment worth over USD 1.6 billion for enhancing its healthcare sector over the coming years.
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As the impact of the COVID-19 crisis declines, food manufacturing companies will look to reinforce their supply chain capabilities to ensure better product safety. The changing trends and challenges brought on the pandemic has created a need to develop more secure and sustainable supply chain networks. High consumption of dairy, cereals, packaged meat products and fruits in emerging economies will augment food pathogen testing applications across regions such as Asia Pacific , MEA and Latin America .
The competitive landscape of food pathogen testing industry is comprised of leading organizations such as Lloyd's Register Quality Assurance Limited, Campden BRI, Det Norske Veritas As (Dnv), ILS Limited, RapidBio Systems, Inc., Agilent Technologies, Thermo Fisher Scientific Inc, SGS S.A., Intertek Group PLC, Eurofins Scientific, Asurequality, ALS Limited, Genetic Id Na Inc., Silliker, Inc., Genon Laboratories Ltd, and Genevac Ltd., among many others. These firms are focused on expanding their market position by means of new regional partnerships and acquisitions.
Global Market Insights Inc., headquartered in Delaware , U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
Arun Hegde
Corporate Sales, USA
Global Market Insights Inc.
1-302-846-7766
1-888-689-0688
sales@gminsights.com
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