Report Highlights
The global food safety testing market reached $10.5 billion in 2014, and should reach about $13.6 billion in 2019 with a five year compound annual growth (CAGR) of 5.3% through 2019.
Report Includes
- An overview of the global market for food safety testing and related technologies.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Discussion on the development and marketing of food safety testing technologies.
- Descriptions of market trends for various testing technologies in terms of how each test satisfies the needs of food processors and, in turn, consumers.
- Analysis of the market effect of government regulatory programs.
- Relevant patent analysis.
Report Scope
Global Markets and Technologies for Food Safety Testing organizes information from diverse sources and market segments into a cohesive unit that includes summary, overview, technologies, contaminants tested, foods tested, industry structure, international aspects, patent activity and company market shares, annual revenues and profiles. Market measurements/estimates and forecasts are provided for the global market, and key market dynamics are discussed and their possible effects analyzed. The summary encapsulates the market conclusions and includes a table summarizing the overall market. The overview provides general information on contaminants and their sources and effects, testing technologies, foods tested, testing sites and regulatory influences. The following four technology sections detail current and projected (2013 to 2019) market values for contaminants tested, testing technologies, foods tested and products tested. The industry structure and competitive aspects section discusses the domestic market environment, strategies and driving forces, while the international aspects section provides additional general information on the global market. The patent activity section examines 315 patents issued from 2008 through June 2014 and breaks them down into various categories. The company market shares and profiles provide summaries of the leading industry participants and give their estimated annual revenues and market shares.
Analyst Credentials
The author of this report, Project Analyst Kevin Gainer, holds B.A. and M.A. degrees in quantitative economic analysis and technology forecasting and has more than 25 years of economic, industry intelligence and market research experience. He is the author of six published books and dozens of technical papers, analyses, and studies published in conference proceedings, including many unpublished proprietary analyses within corporations. He has worked as a Research Editor and Project Analyst at BCC Research since 1985 and has authored numerous BCC Research technology market research reports and periodicals.
Report Highlights
The U.S. market for food-safety testing was valued at $3.3 billion in 2011 and is projected to increase slightly in 2012. In 2017, the market should reach nearly $4.4 billion after increasing at a five-year compound annual growth rate (CAGR) of 5.6%.
Report Highlights
-
The total U.S. food safety testing market is valued at $3.4 billion in 2010 and is projected to increase at a 6.6% compound annual growth rate (CAGR) over the next 5 years. The total sector market value should climb to $4.7 billion in 2015.
-
The need to preserve foreign markets has testing for genetically modified organisms (GMOs) on the upswing and should propel a compound annual growth rate (CAGR) in that market at a projected 4.7% through 2015 when the market value should be $126 million, up from $100 million for 2010.
-
At present, the sheer number of bacteria, and the amount of routine testing conducted, give pathogens the lion’s share ($3 billion) of the $3.4 billion U.S. food-safety testing market value for 2010. This sector will increase at a 6.7% compound annual growth rate (CAGR) to reach $4.2 billion in 2015.
Report Highlights
-
The U.S. food safety testing market value increased from $2.0 billion in 2006 to an estimated $2.1 billion in 2007. it should reach $2.8 billion by 2012, a compound annual growth rate (CAGR) of 5.8%.
-
The growth rate reflects demand for pathogen testing, where implementation of standard hygiene practices and a stringent regulatory environment has slowed the incidence of microbial infections.
-
The potency of toxins should propel testing for contaminants from a $78 million market in 2007 to a $135 million market in 2012, a CAGR of 11.6%.
Report Highlights
-
The U.S. market for food safety testing was valued at $276.7 million in 2004 (31.339 million tests) and should increase to $415.6 million in 2009 (40.309 million tests), rising at an average annual growth rate (AAGR) of 8.5%.
-
The largest share of sales will be for tests to detect pathogens ($171.4 million in 2004 and $259.6 million in 2009), because of the threat they pose to consumer health and safety
-
Tests for pesticide residues represent a significantly smaller market, but will see a similar growth rate.
-
The desire to preserve foreign markets and for food processors to protect themselves at every stage is propelling the 13.7% AAGR for testing for GMOs. Sales of $29.9 million should climb to $56.7 million in 2009.
-
For other contaminants, testing is expected to continue at a sustained pace (5.1%) through 2009.
Report Highlights
-
Sales in the U.S. of food testing products will increase from $149.5 million in 2000 to $239.4 million in 2005 at an AAGR (average annual growth rate) of 9.9%.
-
The total number of tests for pathogens and pesticides performed in 2000 will be 27.53 million, rising to 34.15 million in 2005.
-
The larger share (82%) will be for tests to detect pathogens. These will rise at an AAGR of 9.4% to $192.5 million in 2005.
-
Sales of pesticide-residue tests will increase at an AAGR of 7.7% from $8.9 million in 2000 to $12.9 million in 2005.
-
The GM testing market, worth $18 million in 2000, is expected to have the fastest growth of 13.6% per year on average.
Related Reports
Yeasts, Yeast Extracts, Autolysates and Related Products: The Global Market
The global market for yeast products reached $5.8 billion in 2013. This market is expected to grow to $9.2 billion in 2019, with a compound annual growth rate (CAGR) of 7.9% from 2013 to 2019.
Compound Feeds and Additives: Global Markets
The global market for animal feed totaled about $99.7 billion in 2012, and sales reached about $106 billion in 2013. At a 6.4% compound annual growth rate (CAGR) from 2013 to 2018, the global animal feed market is expected to rise to almost $144.4 billion in 2018.
Global Markets for Biopesticides
BCC Research projects that the global biopesticide and synthetic pesticide market will grow from $54.8 billion in 2013 to nearly $61.8 billion by 2014, and to $83.7 billion by 2019 at a five-year compound annual growth rate (CAGR) of 6.3%, from 2014 through 2019.
The Probiotics Market: Ingredients, Supplements, Foods
The global market of probiotic ingredients, supplements, and foods reached nearly $23.1 billion in 2012. This market is expected to grow to nearly $27.1 billion in 2013 and $36.7 billion in 2018 with a compound annual growth rate (CAGR) of 6.2% over the five-year period from 2013 to 2018.
Recent Reports
Global Upcycled Food Market
This report presents the global upcycled food market, offering detailed insights into its current scenario and future potential. It includes market projections through 2029, and evaluates the market position of key players.
Nutraceuticals: Global Markets
The global market for nutraceuticals is expected to grow from $418.2 billion in 2024 and is projected to reach $571.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.4% during the forecast period of 2024 to 2029.
Global Market for Coffee Machines
This comprehensive report explores the global coffee machine market, offering detailed insights into its current scenario and future potential. The analysis thoroughly examines market drivers, restraints, challenges, and opportunities, providing stakeholders with a holistic understanding of the industry dynamics.
The Global Market for Food Additives
The global market for food additives is expected to grow from $80.4 billion in 2024 and is projected to reach $106.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.8% during the forecast period of 2024 to 2029.
Processed Meat: Global Markets
This report provides an overview of the global processed meat market, offering detailed insights into its current scenario and future potential. It includes market projections through 2029 and evaluates the market position of key players. The report categorizes the processed meat market based on product type, animal type, distribution channel, and region.
Top Trending Reports
Single-use Technologies for Biopharmaceuticals: Global Markets
The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.
Medical Devices Industry: Competitive Landscape
The global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Market Opportunities and Competitive Landscape for CDMO
The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.
Chronic Disease Management: Therapeutics, Device Technologies and Global Markets
The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More