Market Size of Food Safety Testing Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 23.58 Billion |
| Market Size (2029) | USD 33.73 Billion |
| CAGR (2024 - 2029) | 7.43 % |
| Fastest Growing Market | Middle East and Africa |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Food Safety Testing Market Analysis
The Food Safety Testing Market size is estimated at USD 23.58 billion in 2024, and is expected to reach USD 33.73 billion by 2029, growing at a CAGR of 7.43% during the forecast period (2024-2029).
Widespread foodborne infections, food adulteration, and other factors threatening public health are prompting local governments and concerned authorities to impose stringent rules. This factor has led to a growth in food safety testing in packaged, processed, and other raw materials, such as vegetables and fruits, which fuelled the growth of the market.
Customers' increasing intolerance to allergens, such as gluten and dairy, is leading to allergy-free product advances worldwide. This has subsequently led to the introduction of allergy-free products, often tested by manufacturers for allergens and trace particles in packaged and processed food products. Chemical testing in organic products is growing in popularity in the market, owing to companies operating throughout the world testing these products for evidence of listed or banned chemicals to comply with various country-level regulatory agencies. The European Union, for example, maintains a list of over 500 chemicals and hazardous compounds that must be removed from organic products shipped to European countries.
The market's growth was further propelled over the past few years by the COVID-19 pandemic, a factor which led to the increased testing of food products to curb the spread of the virus.
