Food Safety Testing Market Share, CAGR, Trends, Segmentation and Forecast 2020 to 2027

Torri Donley

The MarketWatch News Department was not involved in the creation of this content. Sep 30, 2020 (Profound via COMTEX) — The global food safety testing market size was valued at USD 17.43 billion in 2019 and expanding over USD 32.21 billion by 2027, predicted to record a compound annual growth […]

The MarketWatch News Department was not involved in the creation of this content.

Sep 30, 2020 (Profound via COMTEX) —
The global food safety testing market size was valued at USD 17.43 billion in 2019 and expanding over USD 32.21 billion by 2027, predicted to record a compound annual growth rate (CAGR) of around 7.2% during period 2020 to 2027.

A recent study by Precedence Research on the Food Safety Testing market offers a forecast for 2020 and 2027. The study analyzes crucial trends that are currently determining the growth of the Food Safety Testing market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of Food Safety Testing. The study also provides the dynamics that are responsible for influencing the future status of the Food Safety Testing market over the forecast period.

A detailed assessment of the Food Safety Testing market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the Food Safety Testing market along with their product portfolio enhances the reliability of this comprehensive research study.

In this study, the years considered to estimate the market size of Food Safety Testing are as follows:

  • History Year: 2016-2019

  • Base Year: 2019

  • Estimated Year: 2020

  • Forecast Year 2020 to 2027

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Report Summary

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the Food Safety Testing market across the globe.

A comprehensive estimate on the Food Safety Testing market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of Food Safety Testing during the forecast period. Price point comparison by region with global average price is also considered in the study.

Market Size Evaluation

The Food Safety Testing market has been analyzed for each market segment in terms of volume (kilo tons) and value (US$ Bn).

Market estimates at global and regional levels for Food Safety Testing are available in terms of “US$ Bn” for value and in “kilo tons” for volume. A Y-o-Y growth contrast on prominent Food Safety Testing market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a manufacturer/distributor can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global Food Safety Testing market.

Key Players:

  • SGS S.A.

  • Eurofins SGS Group

  • TUV SUD

  • Bureau Veritas

  • Intertek

  • Agilent Technologies Inc

  • Thermo fisher Scientific Inc

  • Shimadzu Corporation

  • PerkinElmer Inc

Segmentation

By Application

  • Beverages

  • Meat, poultry, amp; seafood products

  • Dairy amp; dairy product

  • Cereal, grain, amp; pulse

  • Processed food

  • Others

By Technology

  • Genetically Modified Organism Testing

  • Allergen Testing

  • Chemical amp; Nutritional Testing

  • Residues amp; Contamination Testing

  • Microbiological Testing

  • Others

By Regional Outlook

  • North America
  • Europe
  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Middle East amp; Africa

  • Latin America

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Inspected Assessment on Regional Segments

Key sections have been elaborated in the Food Safety Testing market report, which have helped deliver projections on regional markets. These chapters include regional macros (political economic and business environment outlook), which are expected to have a momentous influence on the growth of Food Safety Testing market during the forecast period.

Country-specific valuation on demand for Food Safety Testing has been offered for each regional market, along with market scope estimate sand forecasts, price index, and impact analysis of dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value amp; volume for emerging countries has also been included in the report.

In-Depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of Food Safety Testing, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of Food Safety Testing has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the Food Safety Testing market.

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Table of Content

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions amp; Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Food Safety Testing Market, By Technology

7.1. Food Safety Testing Market, by Technology Type, 2020-2027
7.1.1. Genetically Modified Organism Testing
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Allergen Testing
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Chemical amp; Nutritional Testing
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Residues amp; Contamination Testing
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Microbiological Testing
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Others
7.1.6.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Food Safety Testing Market, By Application

8.1. Food Safety Testing Market, by Application, 2020-2027
8.1.1. Beverages
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Meat, poultry, amp; seafood products
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Dairy amp; dairy product
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Cereal, grain, amp; pulse
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Processed food
8.1.5.1. Market Revenue and Forecast (2016-2027)
8.1.6. Others
8.1.6.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Food Safety Testing Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Forecast, by Technology (2016-2027)
9.1.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Technology (2016-2027)
9.1.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Technology (2016-2027)
9.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Technology (2016-2027)
9.2.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Technology (2016-2027)
9.2.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Technology (2016-2027)
9.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Technology (2016-2027)
9.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Technology (2016-2027)
9.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Technology (2016-2027)
9.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Technology (2016-2027)
9.3.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Technology (2016-2027)
9.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Technology (2016-2027)
9.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Technology (2016-2027)
9.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Technology (2016-2027)
9.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Technology (2016-2027)
9.4.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Technology (2016-2027)
9.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Technology (2016-2027)
9.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Technology (2016-2027)
9.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Technology (2016-2027)
9.5.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Technology (2016-2027)
9.5.3.2. Market Revenue and Forecast, by Application (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Technology (2016-2027)
9.5.4.2. Market Revenue and Forecast, by Application (2016-2027)

Chapter 10. Company Profiles

10.1. SGS S.A.
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Eurofins SGS Group
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. TUV SUD
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Bureau Veritas
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Intertek
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Agilent Technologies Inc
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Thermo fisher Scientific Inc
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Shimadzu Corporation
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. PerkinElmer Inc
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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About Us

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace amp; defense, among different ventures present globally. We endeavor to give our clients latest insights on upcoming technologies, new developing markets, dynamically changing business conditions and most recent business-driven applications. These insights help our clients to take informed decisions for their business growth.

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