South and Central America Food Safety Testing Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Contaminant (Pathogens, Pesticides, Toxins, GMOs, and Others), Technology (Traditional and Rapid), and Food Type (Meat, Poultry, & Seafood Products, Dairy Products, Cereals & Grains, Processed Food, Fruits & Vegetables, and Others)

Code: TIPRE00026210 | Pages: 127 | Industry: Food and Beverages | Date: Dec 2021
Covid

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.

 


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Market Overview and Dynamics

The South and Central America food safety testing market is projected to reach US$ 1,905.2 million by 2028 from an estimated value of US$ 1,140.3 million in 2021; it is estimated to grow at a CAGR of 7.6% from 2021 to 2028. The major factors driving the market's growth are the greater emergence of foodborne illness and the ascension of South and Central America food and beverage 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.

Brazil reported the highest number of COVID-19 cases, followed by Ecuador, Chile, Peru, and Argentina. South America's government has taken various actions to protect its citizens and contain the spread of COVID-19. It is anticipated that South America will face lower export revenues, both from the drop-in commodity prices and reduction in export volumes, especially to China, Europe, and the US, which are important trade partners. Containment measures in several South American countries had reduced economic activity in the food & beverages industry for at least the next quarter, with a rebound once the epidemic is contained. Manufacturers are comprehending strategies to revive from the current situation by reshaping their strategies and product innovation. One of the marketing strategy manufacturers prefer adopting is food safety assurance due to growing consumer awareness, which has led to growth of the food safety testing market.

 

Key Market Segments

Based on contaminant, the South and Central 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 South and Central 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 South and Central 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 market share 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 South and Central America food safety testing market are SGS SA, Eurofins Scientific, and Intertek Group Plc.

 

Reasons to buy the report

  • Determine prospective investment areas based on a detailed trend analysis of South and Central America food safety testing market over the next years.
  • Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
  • Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels driving the South and Central America food safety testing market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs undertaken by the different countries within the South and Central America food safety testing market.

SOUTH AND CENTRAL AMERICA FOOD SAFETY TESTING MARKET SEGMENTATION

By Contaminant

  • Pathogens
  • Salmonella
  • E. coli
  • Listeria
  • Others
  • Pesticides
  • Toxins
  • GMOs
  • Others

By Technology

  • Traditional
  • Rapid
  • PCR-Based Testing
  • Immunoassay-Based Testing
  • Others

By Food Type

  • Meat, Poultry, & Seafood Products
  • Dairy Products
  • Cereals & Grains
  • Processed Food
  • Fruits & Vegetables
  • Others

By Country

  • Brazil
  • Argentina
  • Rest of South and Central America

Company Profiles

  • SGS SA
  • Eurofins Scientific
  • Intertek Group Plc
  • TÜV SÜD
  • TÜV NORD GROUP.
  • Bureau Veritas
  • NEOGEN Corporation
  • ALS Limited

TABLE OF CONTENTS

1.           Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.           Key Takeaways

3.       Research Methodology

3.1       Scope of the Study

3.2       Research Methodology

4.           Food Safety Testing Market Landscape

4.1       Market Overview

4.2       Expert Opinion

5.           Food Safety Testing Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Greater Emergence of Foodborne Illness Outbreaks

5.1.2        Ascension of Global Food and Beverage Industry

5.2       Market Restraint

5.2.1        Insufficient Food Safety Testing Methods

5.3       Market Opportunities

5.3.1        Innovations in Food Safety Testing

5.4       Future Trends

5.4.1        The Use of Whole-Genome Sequencing (WGS) in Food Safety Testing

5.5       Impact Analysis of Drivers and Restraint

6.           Food Safety Testing – South and Central America Market Analysis

6.1       Food Safety Testing Market –Revenue and Forecast to 2028 (US$ Million)

7.           Food Safety Testing Market Analysis – By Contaminant

7.1       Overview

7.2       Food Safety Testing Market, By Contaminant (2020 and 2028)

7.3       Pathogens

7.3.1        Overview

7.3.2        Pathogens: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

7.3.2.1      Salmonella: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

7.3.2.2      E. coli: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

7.3.2.3      Listeria: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

7.3.2.4      Others: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

7.4       Pesticides

7.4.1        Overview

7.4.2        Pesticides: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

7.5       Toxins

7.5.1        Overview

7.5.2        Toxins: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

7.6       GMOs

7.6.1        Overview

7.6.2        GMOs: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

7.7       Others

7.7.1        Overview

7.7.2        Others: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

8.           Food Safety Testing Market Analysis – By Technology

8.1       Overview

8.2       Food Safety Testing Market, By Technology (2020 and 2028)

8.3       Traditional

8.3.1        Overview

8.3.2        Traditional: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

8.4       Rapid

8.4.1        Overview

8.4.2        Rapid: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

8.4.2.1      PCR-Based Testing: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

8.4.2.2      Immunoassay-Based Testing: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

8.4.2.4      Others: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

9.           Food Safety Testing Market Analysis – By Food Type

9.1       Overview

9.2       Food Safety Testing Market, By Food Type (2020 and 2028)

9.3       Meat, Poultry, & Seafood Products

9.3.1        Overview

9.3.2        Meat, Poultry, & Seafood Products: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

9.4       Dairy Products

9.4.1        Overview

9.4.2        Dairy Products: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

9.5       Cereals & Grains

9.5.1        Overview

9.5.2        Cereals & Grains: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

9.6       Processed Food

9.6.1        Overview

9.6.2        Processed Food: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

9.7       Fruits & Vegetables

9.7.1        Overview

9.7.2        Fruits & Vegetables: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

9.8       Others

9.8.1        Overview

9.8.2        Others: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

10.        Food Safety Testing Market –South and Central America Analysis

10.1    South and Central America: Food Safety Testing Market

10.1.1     South and Central America: Food Safety Testing Market – Analysis and Forecast to 2028 (US$ Million)

10.1.2     South and Central America: Food Safety Testing Market, by Contaminant

10.1.3     South and Central America: Food Safety Testing Market, by Technology

10.1.4     South and Central America: Food Safety Testing Market, by Food Type

10.1.5     South and Central America: Food Safety Testing Market, by Key Country

10.1.5.1    Brazil: Food Safety Testing Market –Analysis and Forecast to 2028 (US$ Million)

10.1.5.1.1    Brazil: Food Safety Testing Market, by Contaminant

10.1.5.1.2    Brazil: Food Safety Testing Market, by Technology

10.1.5.1.3    Brazil: Food Safety Testing Market, by Food Type

10.1.5.2    Argentina: Food Safety Testing Market –Analysis and Forecast to 2028 (US$ Million)

10.1.5.2.1    Argentina: Food Safety Testing Market, by Contaminant

10.1.5.2.2    Argentina: Food Safety Testing Market, by Technology

10.1.5.2.3    Argentina: Food Safety Testing Market, by Food Type

10.1.5.3    Rest of South and Central America: Food Safety Testing Market –Analysis and Forecast to 2028 (US$ Million)

10.1.5.3.1    Rest of South and Central America: Food Safety Testing Market, by Contaminant

10.1.5.3.2    Rest of South and Central America: Food Safety Testing Market, by Technology

10.1.5.3.3    Rest of South and Central America: Food Safety Testing Market, by Food Type

11.        Overview- Impact of Coronavirus Outbreak

11.1    South and Central America: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1    Strategy & Business Planning

13.        Company Profiles

13.1    SGS SA

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2    Eurofins Scientific

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3    Intertek Group Plc

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4    TÜV SÜD

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5    TÜV NORD GROUP.

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6    Bureau Veritas

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7    ALS Limited

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8    NEOGEN Corporation

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

14.        Appendix

14.1    About The Insight Partners

14.2    Word Index


LIST OF TABLES

Table 1.             South and Central America Food Safety Testing Market, by Contaminant – Revenue and Forecast to 2028 (US$ Million)

Table 2.             South and Central America Food Safety Testing Market, by Technology– Revenue and Forecast to 2028 (US$ Million)

Table 3.             South and Central America Food Safety Testing Market, by Food Type– Revenue and Forecast to 2028 (US$ Million)

Table 4.             Brazil Food Safety Testing Market, by Contaminant – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Brazil Food Safety Testing Market, by Technology– Revenue and Forecast to 2028 (US$ Million)

Table 6.             Brazil Food Safety Testing Market, by Food Type– Revenue and Forecast to 2028 (US$ Million)

Table 7.             Argentina Food Safety Testing Market, by Contaminant – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Argentina Food Safety Testing Market, by Technology– Revenue and Forecast to 2028 (US$ Million)

Table 9.             Argentina Food Safety Testing Market, by Food Type– Revenue and Forecast to 2028 (US$ Million)

Table 10.          Rest of South and Central America Food Safety Testing Market, by Contaminant – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Rest of South and Central America Food Safety Testing Market, by Technology– Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of South and Central America Food Safety Testing Market, by Food Type– Revenue and Forecast to 2028 (US$ Million)

Table 13.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           Food Safety Testing Market Segmentation

Figure 2.           Food Safety Testing Market Segmentation – By Country

Figure 3.           South and Central America Food Safety Testing Market Overview

Figure 4.           South and Central America Food Safety Testing Market, by Technology

Figure 5.           South and Central America Food Safety Testing Market, by Country

Figure 6.           Expert Opinion

Figure 7.           Food Safety Testing Market Impact Analysis of Drivers and Restraints

Figure 8.           Global: Food Safety Testing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 9.           Food Safety Testing Market Revenue Share, By Contaminant (2020 and 2028)

Figure 10.        Pathogens: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 11.        Salmonella: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 12.        E. coli: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 13.        Listeria: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 14.        Others: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 15.        Pesticides: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 16.        Toxins: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 17.        GMOs: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 18.        Others: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 19.        Food Safety Testing Market Revenue Share, By Technology (2020 and 2028)

Figure 20.        Traditional: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 21.        Rapid: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 22.        PCR-Based Testing: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 23.        Immunoassay-Based Testing: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 24.        Others: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 25.        Food Safety Testing Market Revenue Share, By Food Type (2020 and 2028)

Figure 26.        Meat, Poultry, & Seafood Products: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 27.        Dairy Products: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 28.        Cereals & Grains: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 29.        Processed Food: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 30.        Fruits & Vegetables: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 31.        Others: Food Safety Testing Market – Revenue and Forecast To 2028 (US$ Million)

Figure 32.        South and Central America: Food Safety Testing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        South and Central America: Food Safety Testing Market Revenue Share, by Contaminant (2020 and 2028)

Figure 34.        South and Central America: Food Safety Testing Market Revenue Share, by Technology (2020 and 2028)

Figure 35.        South and Central America: Food Safety Testing Market Revenue Share, by Food Type (2020 and 2028)

Figure 36.        South and Central America: Food Safety Testing Market Revenue Share, by Key Country (2020 and 2028)

Figure 37.        Brazil: Food Safety Testing Market –Revenue and Forecast to 2028 (US$ Million)

Figure 38.        Argentina: Food Safety Testing Market –Revenue and Forecast to 2028 (US$ Million)

Figure 39.        Rest of South and Central America: Food Safety Testing Market –Revenue and Forecast to 2028 (US$ Million)

Figure 40.        Impact of COVID-19 Pandemic in South and Central America

  1. SGS SA
  2. Eurofins Scientific
  3. Intertek Group Plc
  4. TÜV SÜD
  5. TÜV NORD GROUP.
  6. Bureau Veritas
  7. NEOGEN Corporation
  8. ALS Limited
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America food safety testing market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the South and Central America food safety testing market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

 

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