Global Food Testing Services Market Size, Share, Opportunities, And Trends By Technology (Rapid, Traditional), By Component Tested (GMOS, Pathogens, Allergens, Others), By Food Tested (Food And Vegetables, Cereals And Grains, Poultry And Seafood, Dairy Products, Others), And By Geography – Forecast From 2019 To 2024

Published:  Feb 2021 Report Code: KSI061612767 Pages: 108

Food testing is a method to know the components present in a food mixture, this helps in delivering safe, quality products which can meet national and international regulations. Growing outbreaks of food-borne diseases raise the concern for food safety which is expected to grow the market. Increasing demand for convenience food products along with raising awareness among the consumers for food safety is anticipated to propel the growth of the market. Stringent regulations by the government for regulating food quality are further expected to boost the market. Technological innovations to develop advanced testing methods and equipment for the testing industry are creating new opportunities for the market to grow. Moreover, the rise in outbreaks of chemical contamination in food processing industries is expected to surge the growth of the market. However, the high cost associated with the food testing equipment along with the lack of development of food safety standards in emerging economies is expected to hamper the market. The market is segmented on basis of technology, component tested, food tested, and geography. Based on food tests, fruits and vegetable is expected to hold a significant share in the market due to the high susceptibility to contamination as demand for fruits and vegetables is increasing. Geographically, Europe is projected to be a substantial shareholder in the market during the forecasted period due to the presence of major food testing companies along with continuous investment and collaboration for the development of advanced testing technologies in countries like Germany.

DRIVERS

Stringent regulations for food safety.

Rising cases of food adulteration and foodborne diseases

RESTRAINTS

The high procurement cost of food safety testing equipment.

INDUSTRY UPDATE

In August 2018, Eurofins acquired Covance Food Solutions to expand its business in U.S.

In April 2019, Bureau Vertias acquired Shenzhen Total – Test to further expand their market in China.

In March 2019, Neogen launched coconut food allergens test kits which include products Reveal 3-D and Veratox for testing food and beverage samples of coconut.

The major players profiled in the food testing services market are Eurofins, Bureau Vertias, Neogen Corporation, Asurequality, Intertek, Als Limited, Rj Hills Laboratories, TUV Nord Group, Romer labs and Mérieux.

Segmentation

The food testing services market has been analyzed through the following segments:

By Technology

Rapid

Traditional

By Component Tested

GMOS

Pathogens

Allergens

Others

By Food Tested

Food and Vegetables

Cereals and Grains

Poultry and Seafood

Dairy Products

Others

By Geography

North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

Germany

France

United Kingdom

Spain

Others

Middle East and Africa

Saudi Arabia

Israel

Others

Asia Pacific

China

Japan

South Korea

India

Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Currency

1.5. Assumptions

1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Porter’s Five Force Analysis

4.5.1. Bargaining Power of Suppliers

4.5.2. Bargaining Power of Buyers

4.5.3. Threat of New Entrants

4.5.4. Threat of Substitutes

4.5.5. Competitive Rivalry in the Industry

4.6. Life Cycle Analysis - Regional Snapshot

4.7. Market Attractiveness

5. FOOD TESTING SERVICES MARKET BY TECHNOLOGY

5.1. Rapid

5.2. Traditional

6. FOOD TESTING SERVICES MARKET BY COMPONENT TESTED

6.1. GMOS

6.2. Pathogens

6.3. Allergens

6.4. Others

7. FOOD TESTING SERVICES MARKET BY FOOD TESTED

7.1. Fruits and Vegetables

7.2. Cereals and Grains

7.3. Poultry and Seafood

7.4. Dairy Products

7.5. Others

8. FOOD TESTING SERVICES MARKET BY GEOGRAPHY

8.1. North America

8.1.1. USA

8.1.2. Canada

8.1.3. Mexico

8.2. South America

8.2.1. Brazil

8.2.2. Argentina

8.2.3. Others

8.3. Europe

8.3.1. Germany

8.3.2. France

8.3.3. United Kingdom

8.3.4. Spain

8.3.5. Others

8.4. Middle East and Africa

8.4.1. Saudi Arabia

8.4.2. Israel

8.4.3. Others

8.5. Asia Pacific

8.5.1. China

8.5.2. Japan

8.5.3. South Korea

8.5.4. India

8.5.5. Others

9. COMPETITIVE INTELLIGENCE

9.1. Competitive Benchmarking and Analysis

9.2. Recent Investment and Deals

9.3. Strategies of Key Players

10. COMPANY PROFILES

10.1. Eurofins

10.2. Bureau Vertias

10.3. Neogen Corporation

10.4. Asurequality

10.5. Intertek

10.6. Als Limited

10.7. Rj Hills aboratories

10.8. TUV Nord Group

10.9. Romer labs

10.10. Mérieux.

LIST OF FIGURES

LIST OF TABLES

Eurofins

Bureau Vertias

Neogen Corporation

Asurequality

Intertek

Als Limited

Rj Hills Laboratories

TUV Nord Group

Romer labs

Mérieux.

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