Market Size of North America Food Safety Testing Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 6.30 Billion |
Market Size (2029) | USD 8.19 Billion |
CAGR (2024 - 2029) | 5.39 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America Food Safety Testing Market Analysis
The North America Food Safety Testing Market size is estimated at USD 6.30 billion in 2024, and is expected to reach USD 8.19 billion by 2029, growing at a CAGR of 5.39% during the forecast period (2024-2029).
The impact of COVID-19 has rippled through the domestic and global food and agriculture industries, causing disruptions on a scale never seen before. Owing to such factors, ensuring food safety and strengthening the resilience of food systems to promote food security for the most vulnerable becomes paramount. Thus, in 2021, the US Food and Drug Administration (FDA) took a new approach to food safety, leveraging technology and other tools to create a safer and more digital, traceable food system.
Over the long term, food safety is a global concern and cannot be ignored by consumers. As a result, regulations mandating food safety tests, for tracing elements and inspecting the microbiological quality, have been implemented at every level of the administrative framework in different countries.
The concerns over bacterial pathogens have prompted companies like Eurofins to expand their chemical and microbiological analysis in the country. The presence of local players has resulted in intense competition, particularly in microbial testing. However, they lack on the infrastructural front for comprehensive microbiological analysis.