North America Food Safety Testing Market Trends, Size, Segment and Growth by Forecast to 2030

The North America food safety testing market is experiencing significant growth, projected to reach US$ 13,233.6 million by 2028 from an estimated US$ 8,109.6 million in 2021, demonstrating a compound annual growth rate (CAGR) of 7.2% from 2021 to 2028. This expansion is primarily driven by a rise in foodborne illnesses and the growth of the North American food and beverage industry. However, limitations in current food safety testing methods are hindering market growth.

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Understanding Foodborne Illnesses and Their Impact

Foodborne illnesses, caused by contaminants like chemical substances, parasites, and viruses in food or water, pose a substantial global health and economic burden. Common culprits include bacteria such as E. coli, Campylobacter, and Salmonella, which can lead to severe or fatal outcomes, including diarrhea, abdominal pain, vomiting, and fever. The World Health Organization (WHO) reports approximately 600 million cases of foodborne diseases and 420,000 deaths annually worldwide.

The economic consequences are also significant. A 2018 World Bank report estimated an annual productivity loss of US$ 95.2 billion due to foodborne illnesses, with treatment costs reaching an estimated US$ 15 billion per year. Additionally, the misuse of antimicrobials in both human and veterinary medicine has led to the emergence of resistant bacteria, making treatments less effective and posing a major threat to modern medicine. These factors underscore the critical need for advanced food safety testing to prevent contaminants from entering the food chain.

COVID-19's Influence on Food Safety Testing

The COVID-19 pandemic, despite its overall negative impact on various markets in North America, positively influenced the food safety testing sector. The highly infectious nature of SARS-CoV-2 and its potential to spread via food surfaces heightened consumer and government focus on product safety and hygiene. Instances of food-related COVID-19 infections, such as the 239 facilities affected in the US in July 2020, fueled apprehensions and subsequently increased the demand for robust food safety testing to mitigate health risks.

Key Market Segments

The North America food safety testing market is segmented based on contaminant, technology, and food type:

• Contaminant:

  • The market is segmented into pathogens, pesticides, toxins, GMOs, and others.

  • The pathogens segment, which includes sub-segments like Salmonella, E. coli, and Listeria, held the largest market share in 2021.

  • However, the GMOs segment is projected to exhibit the highest CAGR during the forecast period.

• Technology:

  • The market is bifurcated into traditional and rapid testing methods.

  • The rapid segment, encompassing PCR-based testing, immunoassay-based testing, and others, is expected to hold a larger market share in 2021 and grow at a faster CAGR from 2021 to 2028.

• Food Type:

  • Key segments include meat, poultry, and seafood products; dairy products; cereals and grains; processed food; fruits and vegetables; and others.

  • While the meat, poultry, and seafood products segment held the largest share in 2021, the fruits and vegetables segment is anticipated to register the highest CAGR during the forecast period.

Leading Market Players

Prominent companies in the North America food safety testing market include SGS SA, Eurofins Scientific, and Intertek Group Plc.

Why this Report is Essential

This report offers valuable insights for stakeholders, enabling them to:

• Identify lucrative investment opportunities through detailed trend analysis of the North America food safety testing market.

• Gain a comprehensive understanding of demand drivers, industry trends, and technological advancements.

• Pinpoint major market channels to analyze future opportunities and facilitate revenue expansion.

• Strategically allocate resources by understanding ongoing programs across various countries within the North America food safety testing market.

North America Food Safety Testing Strategic Insights

Strategic insights for the North America Food Safety Testing provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Food Safety Testing Regional Insights

The geographic scope of the North America Food Safety Testing refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights