Food safety is a highly documented effort conducted across the world in many ways. Players in the global food safety products and food safety testing market are constantly required to be on their toes regarding policy changes and implementations, strictly adhering to the regulatory framework set up by known organizations such as the Food and Drug Association.
The food safety testing market is estimated to grow at a CAGR of 7.2% from 2018 to 2025, to reach USD 11.5 billion by 2025. The market is expected to exhibit potential growth in the coming years, due to the recent outbreaks in foodborne diseases and strict regulations by various agencies.
The practice of food safety includes safe preparation of food in terms of handling, storage, and preparation, in a manner that averts adulteration. According to a 2017 statistic published by The ... Read more
Looking at the current rate of transformation in the food industry, it can be confidently said that the future seems bright for the global Food Safety Testing Market. In the year 2016, this market generated a revenue of USD 11.8 billion. Whereas, in the coming years it is projected to earn around USD 17.45 billion. In terms of CAGR, the market is estimated to tread forward at the rate of 7.34%.
The Food Safety Testing Market is continuously growing at the rapid pace; mainly due to the growing concerns for food contamination and the burgeoning food & beverage sector. Validating the product quality and ingredient authenticity is a paramount concern for the F&B industry. Also, confirmation that food does not contain ingredients unacceptable to certain ethnic groups is highly important. Testing facilities should be ... Read more
Food safety testing is performed to supervise the quality and prevent unwanted incidents of foodborne illnesses, toxicity, or poisoning. According to Food Legislation, Law No 18, 2012, “Food safety is a condition and effort that is required to prevent food from the possibility of biological, chemical, and other pollution that can interfere, harm, and endanger the human health as well as not conflicting with religion, belief, and culture of the society so that it is safe for consumption ... Read more
The market for food safety testing is projected to grow from USD 17.0 billion in 2018 to USD 24.6 billion by 2023, at a CAGR of 7.7% during the forecast period. This is attributed to the growth in demand for convenience and packaged food products, an increase in outbreaks of chemical contamination in food processing industries, and the rise in consumer awareness about food safety. However, the increase in ... Read more
Food safety testing is performed to supervise the quality and prevent unwanted incidents of foodborne illnesses, toxicity, or poisoning. According to Food Legislation, Law No 18, 2012, “Food safety is a condition and effort that is required to prevent food from the possibility of biological, chemical, and other pollution that can interfere, harm, and endanger the human health as well as not conflicting with religion, belief, and culture of the society so that it is safe for consumption.” ... Read more
Food safety testing is very essential in the modern era. Over the years, adulteration has made its way inside the food industry and to ensure optimal quality of consumable products this procedure is crucial. In the last few years people are becoming more conscious of what they eat and hence the demand for this inspection method has risen. Resultantly, the global food safety testing market is getting boosted.
