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.
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.
Reasons to buy the report
NORTH AMERICA FOOD SAFETY TESTING MARKET SEGMENTATION
By Contaminant
By Technology
By Food Type
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 8,109.6 Million |
| Market Size by 2028 | US$ 13,233.6 Million |
| CAGR (2021 - 2028) | 7.2% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Contaminant
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Food Safety Testing Market is valued at US$ 8,109.6 Million in 2021, it is projected to reach US$ 13,233.6 Million by 2028.
As per our report North America Food Safety Testing Market, the market size is valued at US$ 8,109.6 Million in 2021, projecting it to reach US$ 13,233.6 Million by 2028. This translates to a CAGR of approximately 7.2% during the forecast period.
The North America Food Safety Testing Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Food Safety Testing Market report:
The North America Food Safety Testing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Food Safety Testing Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Food Safety Testing Market value chain can benefit from the information contained in a comprehensive market report.
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