Food Safety Testing Market Worth $29.6 Billion by 2027- Exclusive Report Covering Pre and Post COVID-19 Market Analysis by Meticulous Research - Seite 2

COVID-19 has caused disruptions to the food supply chains around the world and raised concerns about food security. Increased insecurity about the quality of food amid COVID-19 has created a risk for food fraud. Amid the COVID-19 situation, people across the globe are demanding safer food for consumption as a precautionary measure. Thus, with growing demand for safe food, food safety testing is expected to increase, thereby boosting the market growth in coming years.

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The global food safety testing market study presents historical market data in terms of value (2018 and 2019), estimated current data (2020), and forecasts for 2027. The market is segmented on the basis of testing type, technology, food tested, and geography. The study also evaluates industry competitors and analyses the market at a country level.

Based on testing type, the pathogens segment is estimated to command the largest share of the overall food safety testing market in 2020. The large share of this segment is mainly attributed to the factors such as increasing food poisoning due to mishandling of raw poultry and consumption of undercooked poultry and unpasteurized milk; implementation of stringent regulations pertaining to food safety; and growing consumer awareness regarding health. However, the GMO segment is expected to grow at the fastest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the factors such as growing customer awareness about GM food, rising investments in biotech research & developments, and rising need for nutritional food products.

Moreover, the pathogen food safety segment is further segmented into salmonella, campylobacter, E. coli, listeria, and others. The salmonella segment is estimated to command the largest share of the overall pathogen food safety testing market in 2020. The large share of this segment is mainly attributed to rise in prevalence of food products infection and increasing Salmonella bacteria infection in foods such as meat & poultry, dairy, processed food, cereal and grain, and fruits & vegetables. However, the E. coli segment is expected to grow at the fastest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the rising awareness regarding hygiene; government regulations regarding water and food management; and increasing prevalence of water-borne diseases, such as diarrhea and Hemolytic Uremic Syndrome (HUS).