Global Food Pathogen Testing market share 2024, Forecast To 2033
4 Mar, 2024
The food pathogen testing market has witnessed robust growth, poised to increase from $10.25 billion in 2023 to$11.23 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. This growth is attributed to stringent food safety regulations, outbreaks, globalization of food trade, heightened consumer awareness, and industry standards. Forecasts suggest rapid growth, with the market projected to reach $16.67 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The expansion in the forecast period is driven by the impact of COVID-19, quality assurance, emerging pathogens, industry collaboration, and public health initiatives. Major trends include continual research and innovation, remote testing solutions, transparency, rapid testing, microbial identification, and automation.
Global Food Pathogen Testing Market Key Driver
The growing incidence of food poisoning is expected to propel the growth of the food pathogen testing market. Food poisoning refers to sickness caused by eating contaminated and unhealthy food. Food pathogen testing help identify pathogenic organisms in manufacturing environments, ingredients, or finished products and reduce the incidences of food poisoning, as a result, the growing incidence of food poisoning increases the demand for the food pathogen testing market. For instance, according to the Food and Drug Administration, a US-based federal agency of the Department of Health and Human Services, as of February 2022, every year there are around 48 million incidents of foodborne illness, which translates to 1 in 6 Americans getting sick. Additionally, these infections cause an estimated 3000 fatalities and 12.8k hospital admissions annually. Therefore, the growing incidence of food poisoning drives the food pathogen testing market. The food pathogen testing market reached $5.2 billion in 2023 and is anticipated to grow to $8.9 billion by 2028.
Get A Free Sample Of The Global Food Pathogen Testing Market ReportGlobal Food Pathogen Testing Market Segments
The global food pathogen testing market covered in this report is segmented –
1) By Type: E.Coli, Salmonella, Listeria, Other Pathogens
2) By Technology: Traditional, Rapid, Immunoassay, Convenience Based, PCR, Other Technologies
3) By Application: Meat And Poultry, Fruits And Vegetables, Dairy, Other Applications
4) By Sales Channel: OEM, Aftermarket
By Geography: The regions covered in the food pathogen testing market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Europe was the largest region in the food pathogen testing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food pathogen testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Food Pathogen Testing Industry Players
Bureau Veritas SA, Lloyd’s Register Quality Assurance Limited, Intertek Group PLC, Asurequality Ltd., Genevac Ltd., Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., Merck Co. & KGaA, Neogen Corporation, bioMerieux SA, Agilent Technologies Inc., Qiagen NV, Shimadzu Corporation, SGS Société Générale de Surveillance SA, Genetic Id Na Inc., RapidBio Systems Inc., Mérieux NutriSciences Corp., FoodChain ID Inc., Ring Biotechnology Co. Ltd., Genon Laboratories Ltd., PerkinElmer Inc., Randox Food Diagnostics Ltd., Omega Diagnostics Group PLC, Romer Labs Inc., Eurofins Scientific SE, Charm Sciences Inc., Hygiena LLC, MilliporeSigma, Hardy Diagnostics, Luminex Corporation
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Food Pathogen Testing Market Overview
Food pathogen testing refers to detecting food pathogens that are implemented for food production to ensure sanitation and food safety, reduce foodborne diseases, and eliminate dangerous organisms that could damage consumers in production settings, ingredients, or final goods.
Food Pathogen Testing Global Market Report 2023 provides data on the global food pathogen testing market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The food pathogen testing market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.