Global Food Safety Testing Market is Growing at a CAGR of 7.5% in the Forecast Period 2018-2025

Food Safety Testing Market
The Food Safety Testing Industry report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Global Food Safety Testing Market is expected to reach USD 22,327.02 million by 2025 from USD 12,760.00 million in 2017, at a CAGR of 7.5% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Segmentation: Global Food Safety Testing Market

Global Food Safety Testing Market By Testing Type (Pathogens, GMO, Toxins, Pesticides, Others), By Technology (Polymerase Chain Reaction, Immunoassay, Enzyme Linked Immunosorbent Assay, Chromatography, Biochip/Biosensor, Microarrays, Rapid assay, Flow cytometry, Others), By Contaminants (Salmonella, Escherichia coli, Pseudomonas, Bacillus, Moulds, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025

Drivers: Global Food Safety Testing Market

The major factors contributing to the growth of the market includes factors such as rising outbreak of food borne illness, stringent regulations imposed in food industry, increased globalization of food trade, advancements in technology, rising demand of convenience and packaged food products and augmented incidences of outbreaks of chemical contamination in food processing.

RISING PREVALENCE OF NEWBORN SCREENING

Foodborne illness causes infections in the gastrointestinal (GI) tract due to the harmful bacteria, parasites, viruses, or chemicals present in the food or beverages. Vomiting, diarrhoea, abdominal pain, fever and chills are the most common symptoms of foodborne illnesses. Acute foodborne illness occurs unexpectedly and lasts for the short time. Some patients with foodborne illness can be recuperated on their own or without any treatment. Foodborne illnesses rarely lead to serious complications. Its symptoms of are as follows:

Diarrhoea and/or vomiting are the common symptoms of foodborne illness, which typically last for 1 to 7 days.

Abdominal cramps, nausea, fever, joint/back aches and fatigue are the other frequent symptoms observed during illness.

Stomach flu is another common illness caused due to contaminated food or drink by pathogens such as virus, bacteria, or parasite.

According to an article published by Germany’s Federal Institute for Risk Assessment, (BFR), it was discovered that out of 84 people tested, 73 people were suffering with food prone illness in the year 2012.  Furthermore, According to the same article, inadequate hygiene and unsuitable temperature management had caused many food-borne illness outbreaks in the year 2013. WHO stated that countries in European region have reported significant numbers of infections from verocytotoxin bacteria which are producing Escherichia coli O104:H4. This is resulting in a large number of cases of bloody diarrhoea and haemolytic uremic syndrome.

According to World Health Organization (WHO), an article reports that children under 5 years of age carry 40.0% of the foodborne disease burden, with 125 000 deaths every year. Diarrhoeal diseases are the most common illnesses due to consumption of contaminated food. It makes 550 million people ill and 230 000 deaths every year.

According to Centers for Disease Control and Prevention (CDC), there are more than 250 foodborne diseases. It reports that about 1 in 6 Americans i.e. 48 million people get sick from a foodborne illness, 128,000 are hospitalized, and 3,000 die of foodborne diseases each year.

According to Centers for Disease Control and Prevention (CDC), 31 unspecified agents cause 38.4 million episodes of foodborne illness in the U.S. each year.

 

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STRINGENT REGULATIONS IMPOSED IN FOOD INDUSTRY

Food safety is a scientific study that refers to handling, preparation, and storage of food in numerous ways to prevent food-borne diseases. The occurrence of two or more cases of similar illnesses due to ingestion of a common food is identified as a food-borne disease outbreak. If the common food has led to food borne outbreak, the regulations are strictly applied to constrain the growth of the outbreaks through food. Food is governed by a complexity of laws and regulations by food processing and services industries such as European Food Safety Authority (EFSA) and Rapid Alert System for Food and Feed (RASFF.) These bodies ensure that the food is safe and has adequate quality across all the countries. The General Food Law Regulation is implemented as it ensures great level of protection to the human life.

The various stringent regulations which are imposed on food industry are as follows for the European region are:

General Food Law (Regulation (EC) No 178/2002) this law imposes general obligations to provide safe food.

Regulation (EC) No 852/2004 is imposed on the hygiene of foodstuffs, food businesses.

The FDA Food Safety Modernization Act (FSMA) is imposed to transform nation’s food safety system as it helps to shift the focus from responding to foodborne illness to preventing foodborne illness.

Regulation (EC) 178/2002, the General Food Law Regulation, lays down definitions, principles, and obligations covering all stages of food/feed production and distribution.

EU Regulation No. 2073/2005 is on microbiological criteria for foods. This legislation is for the food testing and to maintain its hygiene

INCREASED GOVERNMENT INITIATIVES

Globalization has encouraged the flow of goods, services, capital, and labor among national economies. Lowered tariffs and quotas have enlarged open trade among nations and significantly assisted in globalizing the world economy. In addition, transportation and communication technologies have considerably attributed to accelerate the pace of globalization. Expansion in the disposable income along with elevated lifestyle of the costumer has steered shifting in the preferences towards products such as canned food and luxury healthcare remedies. This has notably propelled the growth of the market. The trade also acts as an asset for non-European countries as products such as seasonal fruits, sea food are imported and exported from other countries are been imported to Europe which helps in growth of different markets in the country. The Europe region boasts an important trade surplus in food industry, and the European food specialties are well appreciated overseas. According to an article published by Alliance experts, the European commission has discovered that in the last 10 years, in Europe food and drink exports have doubled, and has reached to an approximate value of USD 111.94 billion.  This growth has been contributing to an affirmative balance of almost USD 37.15 billion per year. The food and beverage industry in Europe is deliberated as a pillar of the European economy. Numerous trade shows are held across the globe to promote the international trade, for example SIAL performed an international trade show in Paris in the year 2016. The show endorsed investors to find good prospects in several sectors such as bakery, confectionery, food, beverages, and meat industry. The Food and Agriculture Organization (FAO) of the United Nations initiates an Agri-Food Trade and Regional Integration. This initiative focuses on strengthening national and regional capacities in Europe and Central Asia so to deal efficiently with the challenges caused by the larger trade integration. The main components of this integration are:

Food Safety: This is an International food standards which contribute to the safety, quality and fairness of international food trade

Trade agreements: The countries of the region are engaged in multiple trade negotiation processes, each with its own challenges and benefits

Wheat trade for food security: Wheat production and trade plays an important role in ensuring food security in the Europe region.

The process of globalisation and trade liberalization reduces hurdles to trade between larger markets on a global scale which maximizes the world economy. This globalization gives market players opportunity to enter the market and supply their product.

Major Players: Global Food Safety Testing Market

Some of the major players operating in this market are SGS SA, Eurofins Scientific, Bureau Veritas, Bio-Rad Laboratories, Inc., ALS Limited. Intertek Group plc, TÜV SÜD, TÜV NORD GROUP, AsureQuality, Mérieux NutriSciences, LabCorp, Microbac Laboratories, Inc., Accugen Laboratories, Inc., ADPEN Laboratories Inc., Genetic ID NA, Inc. among others.

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