Food Safety Testing Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0196565
  • Format: Electronic (PDF)
  • Number of Pages: 221
  • Author(s): Joshi, Madhavi

Report Overview

The Food Safety Testing Market size was estimated at USD 18 billion in 2023 and is projected to reach USD 30 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.80% during the forecast period (2024-2030).

Food Safety Testing Market

(Market Size)
$18 billion
$30 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 7.80%
2023 Market Size USD 18 billion
2030 Market Size USD 30 billion
Key Players SGS, Eurofins, Intertek, Bureau Veritas, ALS

Market Summary

The food safety testing market is a critical component of the global food and beverages industry, dedicated to ensuring the safety and quality of food products consumed worldwide. This market encompasses a wide range of testing methodologies and technologies aimed at detecting contaminants, pathogens, toxins, and other harmful substances in food items. The increasing incidence of foodborne illnesses and stringent regulatory frameworks imposed by government bodies worldwide are primary factors propelling the demand for rigorous food safety testing. Companies operating in this space provide essential services and products that help food manufacturers, processors, and retailers comply with safety standards and protect consumer health. The market is characterized by continuous technological advancements, including the adoption of rapid testing methods and automation, which enhance the efficiency and accuracy of detection processes. Key players in this market include renowned laboratories and testing service providers that offer comprehensive solutions across various food categories. The growing consumer awareness regarding food safety and the rising demand for transparency in the food supply chain further underscore the importance of this market. As the global population continues to expand, and food supply chains become more complex, the role of food safety testing becomes increasingly vital in mitigating risks and ensuring public health.

Key Highlights

The food safety testing market is distinguished by several key highlights that underscore its significance and dynamism. One of the foremost aspects is the integration of advanced technologies such as molecular diagnostics, immunoassays, and chromatography, which have revolutionized the speed and precision of contaminant detection. These technological innovations enable faster turnaround times and higher sensitivity, which are crucial for timely decision-making in food production and distribution. Another highlight is the increasing adoption of blockchain and IoT technologies for enhanced traceability and transparency in the food supply chain, allowing stakeholders to monitor and verify safety standards from farm to fork. The market also sees a rising trend towards outsourcing testing services to specialized third-party laboratories, as food companies seek expertise and cost efficiencies. Additionally, there is a growing emphasis on testing for emerging contaminants and allergens, driven by evolving regulatory requirements and consumer preferences. The expansion of testing services to include organic and non-GMO products reflects the market's adaptation to changing consumer demands. Furthermore, strategic collaborations and mergers among key players are common, aimed at expanding geographical reach and service portfolios. These highlights collectively illustrate a market that is not only responsive to current challenges but also proactive in anticipating future needs and opportunities.

Drivers, Opportunities & Restraints

The food safety testing market is driven by a combination of factors that fuel its growth while facing certain restraints that challenge expansion. Key drivers include the escalating number of foodborne illness outbreaks globally, which heighten consumer and regulatory concerns about food safety. Stringent government regulations and standards, such as those enforced by the FDA in the United States and EFSA in Europe, mandate comprehensive testing protocols, compelling food businesses to invest in robust safety measures. The globalization of food supply chains also acts as a significant driver, as it introduces complexities and risks that necessitate rigorous testing to ensure compliance and safety across borders. Opportunities in this market are abundant, particularly in developing regions where increasing disposable incomes and urbanization are driving demand for safer and higher-quality food products. The advent of rapid testing technologies presents opportunities for innovation and market expansion, offering faster and more cost-effective solutions. Additionally, the growing trend towards clean label and organic foods opens new avenues for specialized testing services. However, the market faces restraints such as the high cost of advanced testing equipment and the need for skilled professionals to operate sophisticated technologies. Limited awareness and infrastructure in underdeveloped regions also pose challenges to market penetration. Despite these restraints, the overall trajectory of the market remains positive, driven by unwavering demand for food safety and continuous technological advancements.

Concentration Insights

The concentration insights of the food safety testing market reveal a landscape dominated by a mix of large multinational corporations and specialized niche players. Leading companies such as SGS SA, Eurofins Scientific, Intertek Group plc, and Bureau Veritas SA hold significant market shares, leveraging their extensive global networks, diverse service portfolios, and strong reputations for reliability and accuracy. These giants often engage in strategic acquisitions and partnerships to strengthen their market position and expand their capabilities. For instance, acquiring smaller regional laboratories allows them to enhance their geographical presence and cater to local testing needs more effectively. The market also features numerous small and medium-sized enterprises that focus on specific testing segments or innovative technologies, contributing to a competitive and fragmented environment. Concentration is particularly high in regions with stringent regulatory frameworks, such as North America and Europe, where established players have a strong foothold. In contrast, emerging markets in Asia-Pacific and Latin America exhibit lower concentration levels, offering growth opportunities for both incumbents and new entrants. The competitive dynamics are influenced by factors such as technological expertise, regulatory compliance, service quality, and pricing strategies. Overall, the market's concentration reflects a balance between consolidation among major players and the emergence of innovative specialists driving diversification and advancement.

Type Insights

The food safety testing market is segmented by type into various testing methodologies, each addressing specific contaminants and safety concerns. Pathogen testing represents a significant segment, focusing on the detection of harmful microorganisms such as Salmonella, Listeria, E. coli, and Campylobacter, which are common causes of foodborne illnesses. This segment is critical due to the severe health implications of pathogen contamination and is supported by rapid testing technologies that provide quick and accurate results. Another key type is pesticide testing, which ensures that residue levels in food products comply with regulatory limits to prevent chronic health issues. GMO testing is gaining prominence as consumer demand for non-GMO products rises, involving the identification of genetically modified organisms in food samples. Allergen testing is essential for detecting substances like peanuts, gluten, and dairy that can trigger allergic reactions, catering to the growing awareness and labeling requirements. Additionally, toxins testing targets natural contaminants such as mycotoxins and marine toxins, which can be prevalent in certain food commodities. Each testing type utilizes specialized techniques, including PCR, immunoassays, and chromatography, tailored to detect specific hazards effectively. The diversity in testing types underscores the comprehensive approach required to address the multifaceted nature of food safety risks, driven by evolving regulatory standards and consumer expectations for safe and transparent food products.

Application Insights

Application insights in the food safety testing market highlight the diverse sectors within the food and beverages industry that utilize testing services to ensure product safety and compliance. The meat, poultry, and seafood segment is a major application area, given the high risk of pathogen contamination and spoilage in these products. Rigorous testing is employed to detect pathogens, toxins, and residues, ensuring these perishable items meet safety standards before reaching consumers. Dairy products represent another critical application, requiring testing for contaminants like antibiotics and bacteria to maintain quality and safety. Processed foods undergo extensive testing for additives, preservatives, and allergens to comply with labeling laws and consumer safety demands. The fruits and vegetables segment focuses on pesticide residue testing and microbial contamination, especially with increasing consumption of fresh produce. Beverages, including alcoholic and non-alcoholic drinks, are tested for contaminants such as mycotoxins in juices and additives in soft drinks. Additionally, there is growing application in emerging areas like functional foods and infant formula, where safety is paramount due to vulnerable consumer groups. Each application sector has unique testing requirements driven by product characteristics, regulatory frameworks, and consumer concerns, leading to tailored testing protocols and technologies that address specific risks and ensure comprehensive safety across the food supply chain.

Regional Insights

Regional insights into the food safety testing market reveal varying dynamics across different geographical areas, influenced by regulatory environments, economic development, and consumer behavior. North America holds a substantial market share, driven by stringent food safety regulations enforced by agencies like the FDA and USDA, high consumer awareness, and advanced technological adoption. The presence of major market players and well-established infrastructure further strengthens the region's dominance. Europe follows closely, with robust regulatory frameworks from bodies such as EFSA and a strong emphasis on food quality and safety, particularly in countries like Germany, France, and the UK. The Asia-Pacific region is experiencing rapid growth due to increasing urbanization, rising disposable incomes, and growing incidents of food safety issues that prompt governmental actions and consumer demand for safer food. Countries like China, India, and Japan are key contributors, with expanding food processing industries and investments in testing capabilities. Latin America and the Middle East & Africa are emerging markets, where economic development and gradual regulatory improvements are fostering market growth, though challenges such as limited infrastructure and awareness persist. Each region presents unique opportunities and challenges, shaped by local regulations, cultural factors, and economic conditions, influencing the strategies of testing service providers aiming to capitalize on regional demands and enhance global food safety standards.

Company Insights

Company insights in the food safety testing market highlight the strategic approaches and competitive positioning of key players that dominate the industry. Leading companies such as SGS SA, Eurofins Scientific, Intertek Group plc, Bureau Veritas SA, and ALS Limited are renowned for their comprehensive service offerings, global reach, and technological expertise. These players invest heavily in research and development to innovate testing methodologies, enhance accuracy, and reduce turnaround times. For instance, Eurofins Scientific has expanded its capabilities through acquisitions, strengthening its presence in emerging markets and specialized testing segments. SGS SA focuses on integrating digital solutions like blockchain for traceability, aligning with modern supply chain demands. Intertek Group plc emphasizes customer-centric services and regulatory compliance, catering to diverse food industry needs. Bureau Veritas SA leverages its extensive network to provide localized testing solutions while maintaining global standards. ALS Limited specializes in offering tailored services for specific contaminants and food categories. These companies also engage in partnerships with food manufacturers and regulatory bodies to stay ahead of evolving standards and consumer expectations. The competitive landscape is characterized by a blend of organic growth and strategic mergers, aimed at expanding service portfolios and geographical footprint. Smaller players and niche laboratories often focus on innovative technologies or regional specialties, contributing to a dynamic and competitive market environment that drives continuous improvement in food safety testing.

Recent Developments

Recent developments in the food safety testing market reflect ongoing innovations and strategic movements that shape the industry's trajectory. Technological advancements continue to be a focal point, with companies introducing rapid testing kits that deliver results in minutes rather than days, enhancing efficiency for food producers. For example, new PCR-based and immunoassay technologies have been developed to detect pathogens and allergens with higher sensitivity and specificity. There is also a growing integration of artificial intelligence and machine learning to analyze testing data, predict contamination risks, and optimize supply chain safety. Strategic acquisitions and partnerships are prevalent, as major players seek to expand their capabilities and geographic presence. Recent mergers have enabled companies to enter new markets, such as Asia-Pacific and Latin America, where demand for testing services is rising. Additionally, there is increased emphasis on sustainability and organic testing, responding to consumer trends towards environmentally friendly and health-conscious products. Regulatory updates, such as new food safety standards in various countries, have prompted companies to adapt their testing protocols accordingly. Furthermore, the COVID-19 pandemic has accelerated the adoption of contactless and automated testing solutions to ensure safety and continuity in operations. These developments underscore a market that is rapidly evolving to meet contemporary challenges, leveraging innovation and collaboration to enhance food safety globally.

Report Segmentation

The report segmentation of the food safety testing market provides a structured analysis by dividing the market into distinct categories based on various parameters. Segmentation by type includes pathogen testing, pesticide testing, GMO testing, allergen testing, toxins testing, and others, each addressing specific safety concerns with tailored methodologies. Pathogen testing dominates due to its critical role in preventing foodborne illnesses, while allergen testing is growing rapidly with increasing consumer awareness. By technology, the market is segmented into traditional methods and rapid methods, with rapid methods gaining traction for their speed and accuracy, incorporating techniques like PCR, immunoassays, and chromatography. Application-based segmentation covers meat, poultry, and seafood; dairy products; processed foods; fruits and vegetables; beverages; and others, reflecting the diverse sectors that rely on testing services. Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa, each region analyzed for its unique drivers and opportunities. Additionally, segmentation by service provider includes in-house testing and outsourced testing, with outsourced services increasingly preferred for cost efficiency and expertise. This comprehensive segmentation enables a detailed understanding of market dynamics, helping stakeholders identify growth areas, tailor strategies, and make informed decisions based on specific segment characteristics and trends.

FAQs

What are the common methods used in food safety testing? Common methods include traditional culturing techniques and rapid methods such as polymerase chain reaction (PCR), immunoassays, and chromatography, which offer faster and more accurate detection of contaminants like pathogens, allergens, and pesticides.

Why is food safety testing important? Food safety testing is crucial for preventing foodborne illnesses, ensuring compliance with regulatory standards, protecting consumer health, and maintaining brand reputation by verifying that food products are safe for consumption.

Which contaminants are most frequently tested in food? The most frequently tested contaminants include pathogens (e.g., Salmonella, E. coli), pesticides, allergens (e.g., peanuts, gluten), genetically modified organisms (GMOs), and toxins (e.g., mycotoxins), depending on the food type and regulatory requirements.

How does food safety testing vary by region? Testing varies due to differing regulatory frameworks, with regions like North America and Europe having stringent standards, while emerging regions in Asia-Pacific and Latin America are developing their protocols, influenced by local risks and economic factors.

What trends are shaping the food safety testing market? Key trends include the adoption of rapid testing technologies, integration of digital tools like blockchain for traceability, increasing outsourcing to third-party labs, and growing focus on testing for emerging contaminants and organic products.

Citius Research has developed a research report titled “Food Safety Testing Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Food Safety Testing Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Food Safety Testing Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Food Safety Testing Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Food Safety Testing Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Food Safety Testing Market
• Research Methodology
• Executive Summary
• Market Dynamics of Food Safety Testing Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Food Safety Testing Market
• Cost and Gross Margin Analysis of Food Safety Testing Market
• Food Safety Testing Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Food Safety Testing Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Food Safety Testing Market Key Stakeholders

Below are the key stakeholders for the Food Safety Testing Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Food Safety Testing Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Food Safety Testing Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Food Safety Testing Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Food Safety Testing Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Food Safety Testing Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Food Safety Testing Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Food Safety Testing Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Food Safety Testing Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Food Safety Testing Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Food Safety Testing Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Food Safety Testing Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Food Safety Testing Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Food Safety Testing Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Food Safety Testing Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Food Safety Testing Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Food Safety Testing Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Food Safety Testing Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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