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Global Food Safety Testing Services Market

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Governments around the world have massively increased their focus on ensuring food safety. The threat of food borne illnesses has led to stringent regulations from food testing authorities worldwide. The global food trade has increased manifold in t
Global Food Safety
Testing Services
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014 - 2020
Future Market Insights
www.futuremarketinsights.com
[email protected]
Report
Description
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Governments around the world have massively increased their focus on ensuring food safety.
The threat of foodborne illnesses has led to stringent regulations from food testing authorities
worldwide. The global food trade has increased manifold in the last decade or so, and
manufacturers have become increasingly reliant on food testing mechanisms to ensure that they
are following all the regulations and guidelines. The growth of the global food industry is
dependent on fool-proof food testing mechanisms. Lack of proper food testing can increase the
risk of food poisoning and other foodborne diseases. In the recent past, several incidents have
happened wherein improper safety mechanisms have led to the outbreak of foodborne
illnesses. The authorities in the developed world have enforced stringent quality checks on their
food imports and many food products have been out rightly banned for failing to meet the
safety guidelines. Increase in the focus on food safety has also led to product recalls from some
of the leading names in the food industry.
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Positive Outlook on the Global Food Safety Testing Services Market
The global food safety testing services market is anticipated to expand at a steady rate through
2020. Growth in developed regions, such as North America and Western Europe,
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and stringent regulations on the quality of food exports in developing countries are projected to
be the key drivers for the growth of this market. However, lack of proper testing mechanisms in
developing economies can pose a challenge to the growth of the global food safety testing
services market.
Global Food Safety Testing Services Market: Segmentation
The global food safety testing services market is segmented into GMOs, pathogens, toxins,
pesticides, and others. Food type segmentation includes fruit and vegetable, meat and poultry,
convenience food, and others. Among these segments, the food safety testing services market
for pathogens is anticipated to witness the fastest growth on account of rising number of
foodborne outbreaks due to Salmonella. Other segments of the global food safety testing
services market are also expected to witness steady growth during the forecast period.
Key Regions for Food Safety Testing Market
North America is currently the dominant region of the global food safety testing services market,
and it is expected to remain the key region through 2020. Stringent regulations on enforcing
food safety guidelines in the U.S. And Canada have fueled the demand for the food safety
testing services market in the region.
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The enaction of Food Safety Modernization Act (FSMA) in the U.S. has augured well for the
growth of the global food safety testing services market.
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Other key regions for the global food safety testing services market include Asia Pacific and
Western Europe. It is anticipated that development of new food safety regulations will fuel the
food safety testing services market in Asia Pacific in the next five years. It is anticipated that Asia
Pacific's food safety testing services market will witness a very high growth rate in the next five
years.
Key Players for Food Safety Testing Services Market
Some of the leading names in the global food safety testing services market include SGS S.A.
(Switzerland), Bureau Veritas S.A. (France), Lloyd’s Register Quality Assurance Ltd. (U.K.), and
Intertek Group Plc. (U.K.)
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