Top 10 Food Safety Testing And Technologies Market Statistics And Research Analysis

Food , Cooking & Drink

‘Farm to Fork’ Food Safety Trend on a Rise Due to the Growing Consumer Awareness for Health and Wellness

The tremendously growing global food trade is evolving into complexity. Food safety has become a growing concern for consumers who are aware of the various technologies, and they demand more information regarding the products they are consuming. Food safety is an assurance that food is not contaminated and is good for consumption by the consumers. The key trends in the food safety testing industry are GMO testing, food authenticity testing, food pathogen testing, meat speciation testing, pesticide residue market, mycotoxin testing, and allergen testing.

Genetically modified foods (GM foods), also known as genetically engineered foods (GE foods), or bioengineered foods are foods produced from organisms that have had changes introduced into their DNA using the methods of genetic engineering. Genetic engineering techniques allow for the introduction of new traits as well as greater control over traits when compared to previous methods, such as selective breeding and mutation breeding.

Commercial sale of genetically modified foods began in 1994, when Calgene first marketed its unsuccessful Flavr Savr delayed-ripening tomato. Most food modifications have primarily focused on cash crops in high demand by farmers such as soybean, corn, canola, and cotton. Genetically modified crops have been engineered for resistance to pathogens and herbicides and for better nutrient profiles. GM livestock have been developed, although, as of November 2013, none were on the market.

There is a scientific consensus that currently available food derived from GM crops poses no greater risk to human health than conventional food, but that each GM food needs to be tested on a case-by-case basis before introduction. Nonetheless, members of the public are much less likely than scientists to perceive GM foods as safe. The legal and regulatory status of GM foods varies by country, with some nations banning or restricting them, and others permitting them with widely differing degrees of regulation.

However, there are ongoing public concerns related to food safety, regulation, labelling, environmental impact, research methods, and the fact that some GM seeds, along with all new plant varieties, are subject to plant breeders’ rights owned by corporations.

– https://en.wikipedia.org/wiki/Genetically_modified_food

Along with this, regulatory mandates for each level in the value chain are also boosting the market growth.

The global market for food safety testing and technologies is projected to reach USD 18.4 billion by 2022, recording a CAGR of 7.4%

The growing population has resulted in the rising demand for convenience and processed food. The growing food industry is eventually contributing to the growth of the food safety testing market, as farmers and manufacturers are compelled to offer high-quality agriculture produce and food products. Last few decades have observed an increase in the globalization of food trade, which has increased the risk of food contamination. The changing climatic conditions add to the problem of food safety threats. This is the reason the food safety testing markethas gained importance recently. Furthermore, the rising awareness among consumers about the safety of health is fueling the global food safety testing market. With the technological advancement, the market growth is projected to be for in the next few years.

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Market Dynamics

Drivers

• Worldwide Increase in Foodborne Illness Outbreaks
• Implementation of Stringent Food Safety Regulations
• Globalization of Food Supply
• Availability of Advanced Technology Capable of Rapid Testing
• Media Influence on Consumer Awareness About Food Safety

Restraints

• Lack of Food Control Infrastructure & Resources in Developing Countries
• Lack of Awareness About Safety Regulations Among Food Manufacturers

Opportunities

• Emerging Markets for Food Safety Testing
• Increasing Consumer Awareness About Food Safety

Challenges

• Time-Consuming Testing Methods
• Inappropriate Sample Collection Standardization
• Lack of Harmonization of Food Safety Regulations

Scope of the Report

The food safety testing and Technologies industry has been segmented into:

• Food safety testing market
o Food safety testing market
o GM food safety testing market
o Food pathogen testing market
o Meat speciation testing market
o Food authenticity testing market
o Pesticide residue testing market
o Mycotoxin testing market
o Allergen testing market
• Water safety testing & technologies market
o Water testing and analysis market
o Bottled water testing equipment market

On the basis of Region, the food safety testing and technologies industry has been segmented into:

• North America
• Europe
• Asia-Pacific
• RoW

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Conclusion

Rising awareness among consumers about food safety is the reason for the growth of the food safety testing market. Furthermore, the rising global food trade and foodborne illnesseshave fueled the market for food safety testing. Using the right techniques and GMP for food preparation and handling processes can reduce the chance of food contamination. With technological advancement, various technologies were introduced in the food safety testing market. These includeLC-MS, GC-MS, and HPCL. Among the various targets of food safety testing, GMO testing is estimated to witness the highest growth rate. The market for GMO testing is driven by the need to ensure sufficient nutrient consumption and safeguarding crops against damage. North America and Europe are the dominating regions in the food safety testing market.As water testing and analysis is an important aspect of food safety, the global bottled water testing market is projected to witness significant growth with CAGR of 5.3%. The food safety testing market is competitive, with a large number of players. The major players in the market are SGS (Switzerland), Mérieux (US), Intertek (UK), Eurofins (Luxemburg), and Bureau Veritas (France). The Asia Pacific region is an emerging market receiving investments from various multinational manufacturers, especially in countries such as China, Japan, and Australia.

Article Source: https://www.123articleonline.com/articles/1191501/top-10-food-safety-testing-and-technologies-market-statistics-and-research-analysis

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