The Future of Food Security: Global Food Safety Testing Market Analysis and Forecast 2022-2030

The Global Food Safety Testing Equipment and Consumables Market Size is projected to grow from USD 16.1 billion in 2022 to USD 25.2 billion by 2030 at a CAGR of 7.6% during the forecast period.

The Global Food Safety Testing Equipment and Consumables Market Size is projected to grow from USD 16.1 billion in 2022 to USD 25.2 billion by 2030 at a CAGR of 7.6% during the forecast period.

Food safety, a balanced diet, and food security are closely interconnected. Unsafe food can perpetuate a cycle of infections and malnutrition, particularly affecting infants, children, the elderly, and those with health issues. Ensuring a safe food supply not only supports food and nutrition security but also enhances national economies, trade, and tourism, all of which contribute to sustainable development. Food safety is increasingly influenced by global population growth, climate change, and a rapidly evolving food system.

This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Food Safety Testing Equipment and Consumables market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;

Agilent Technologies, Inc. Thermo Fisher Scientific Inc. Shimadzu Corporation PerkinElmer Inc. Bruker QIAGEN ROKA BIO SCIENCE DuPont. 3M

Our expert team is consistently working on updated data and information on the key player's related business processes that value the market for future strategies and predictions

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Market Segmentation:

By Type

  • Chromatography Systems
  • Mass Spectrometry Systems
  • PCR Equipment
  • Immunoassay Systems
  • Hybrid Systems
  • NMR Systems
  • Flow Cytometry Systems

By Contaminant Type

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

Covered in this Report:

1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Industry Developments:

In August 2019, Agilent Technologies, Inc. announced the completion of its acquisition of Bio Tek Instruments, a global leader in the design, manufacture, and distribution of novel life science instrumentation.

Regional Analysis for Food Safety Testing Equipment and Consumables Market:

✫ North America: (U.S., Canada, Mexico)
✫ Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America: (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➥ What is the market size of the Food Safety Testing Equipment and Consumables market?
➥ What is the market growth rate of the Food Safety Testing Equipment and Consumables market?
➥ What are the Food Safety Testing Equipment and Consumables market opportunities and threats faced by the vendors in the global Food Safety Testing Equipment and Consumables Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Food Safety Testing Equipment and Consumables market?
➥ What are the different sales, marketing, and distribution channels in the global industry?

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About the Spherical Insights

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Rani Waghmare

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