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Food Safety Testing Equipment and Consumables Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027

Format: PDF | Pages: 310 | Report ID: MRS1019


Report Description

The global Food Safety Testing Equipment and Consumables market size is estimated at USD 19.0 billion in 2020, expanding at a CAGR of 8.3% from 2021-2027.

Market Dynamics

The rising number of foodborne diseases due to consumption of contaminated food and with increasing adoption of food safety tests are the key driving factors of the market growth. Increasing demand for the food & beverage industry results in increased tests and research and development in food safety is anticipated to boost the market growth during the forecast period.

In addition, technological advancements in the testing industry and the rise in adoption of these technologies in laboratories as they offer accuracy, reliability, multi-contaminant and non-targeted screening in minimal turnaround time, estimated to fuel the market growth during the forecast period. However, the lack of global uniform regulatory guidelines and complexity in testing techniques are likely to restrain the market growth.

Based on Containment Type, the market is bifurcated into Microbiological Analysis, Allergens Analysis, GMO Testing, Pesticides and Fertilizers, Natural Toxins Analysis, Drugs and Antibiotics, and others. The Microbiological Analysis segment is estimated to hold the largest market share during the forecast period owing to the rising demand for fast, accurate, and sensitive microbial detection equipment.

Based on Food Type, the market is segmented into Milk and Dairy Products, Beverages, Fruits & Vegetables, Meat & Poultry, Sea Food, Cereals & Grains, Processed food, and others. The Meat & Poultry segment witnessed the largest market share during the forecast period due to an increase in consumption of meat & meat products across the world.

Based on Technology, the market is bifurcated into Chromatography & spectrometry, Polymerase chain reaction (PCR), Immunoassay, Hybrid Systems, Nuclear Magnetic Resonance (NMR) Systems, Flow Cytometry Systems, and others. The Polymerase chain reaction (PCR) segment is projected to hold the largest market share in the Food Safety Testing Equipment and Consumables market during the forecast period due to the detection of various microbes & pathogens present in the food sample.

Regionally, the European region holds the largest revenue share in 2020 and is estimated to register significant growth during the forecast period due to a high level of awareness about healthy foods and nutrition. On the other hand, North America accounted for the significant growth rate during the forecast period owing to high usage of processed food, strict food laws, awareness among customers, and advancements in food testing technologies.

Some of the prominent players are AMETEK, Inc., Agilent Technologies Inc., Shimadzu Corporation, Perkin Elmer Inc., Danaher Corporation, Thermo Fisher Scientific, Bruker Corporation, Roka Bioscience, 3M Company, Bio-Rad Laboratories, Inc., Qiagen N.V., Idexx Laboratories, Inc., Eurofins Scientific, Neogen Corporation and Foss A/S among others.

The report begins with an overview of Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of the Food Safety Testing Equipment and Consumables Market by containment type, food type, technology, and region. In addition, this report introduces the market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):

  • AMETEK, Inc.
  • Agilent Technologies Inc.
  • Shimadzu Corporation
  • Perkin Elmer Inc.
  • Danaher Corporation
  • Thermo Fisher Scientific
  • Bruker Corporation
  • Roka Bioscience
  • 3M Company
  • Bio-Rad Laboratories, Inc.
  • Qiagen N.V
  • Idexx Laboratories, Inc.
  • Eurofins Scientific
  • Neogen Corporation
  • Foss A/S

Containment Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Microbiological Analysis
  • Allergens Analysis
  • GMO Testing
  • Pesticides and Fertilizers
  • Natural Toxins Analysis
  • Drugs and Antibiotics
  • Others

Food Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Milk and Dairy Products
  • Beverages
  • Fruits & Vegetables
  • Meat & Poultry
  • Sea Food
  • Cereals & Grains
  • Processed food
  • Others

Technology Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

  • Chromatography & spectrometry
  • Polymerase chain reaction (PCR)
  • Immunoassay
  • Hybrid Systems
  • Nuclear Magnetic Resonance (NMR) Systems
  • Flow Cytometry Systems
  • Others

Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • Latin America (Brazil, Mexico, Argentina, etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)

Frequently Asked Questions

The global Food Safety Testing Equipment and Consumables market size is estimated at USD 19.0 billion in 2020, expanding at a CAGR 8.3% from 2021-2027.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global industry is growing at a promising growth rate over the study period.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
The worldwide market is characterized by the presence of large number of small scale and medium scale players.

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