About Food Testing Kits
Food Testing Kits are used to test food to identify problems with food products. The government as well as various food regulations such as the U.S. Food and Drug Administration (FDA), the Ministry of Food and Drug Safety (MFDS), the European Food Safety Authority, and others owing to rising foodborne illnesses in the countries. For instance, the Food Safety and Standards Authority of India announced that it will spend INR 20 crores to procure rapid food testing kits or devices. The regulatory has approved 30 rapid food testing kits/devices. This growing interest of the government for the adoption of food testing kits is boosting the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.0% |
In food testing kits market, the companies are seeking ways to reduce cost, improve product quality and production efficiency of their food testing kits. Also, these companies are partnering with government and food service providers and many more strategies to sustain in the competitive market.The Vendors having a strong hold in the market are Thermo Fisher, Agilent, Eurofins, bioMérieux, Neogen. Analyst at AMA Research estimates that United States and Europe Vendors will contribute the maximum growth to Global Food Testing Kits market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Thermo Fisher (United States), Agilent (United States), Eurofins (Luxembourg), bioMérieux (France), Neogen (United States), PerkinElmer (United States), Bio-Rad (United States), QIAGEN (Germany), EnviroLogix (United States), IFP Institut Für Produktqualität (Germany), Romer Labs (Austria) and Millipore Sigma (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Food Testing Kits market by and Region.
On the basis of geography, the market of Food Testing Kits has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Food Type, the sub-segment i.e. Meat, Poultry and Seafood Products will boost the Food Testing Kits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. PCR-Based will boost the Food Testing Kits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Test Target, the sub-segment i.e. Pathogens will boost the Food Testing Kits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Application, the sub-segment i.e. Food Chemistry Analysis will boost the Food Testing Kits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Quality Food Testing Kits
Market Growth Drivers:
Increasing Strict Regulations and Standards for Adulteration In Food, Rising Concern For Organic Food, Growing Preferences for Onsite Testing and Rising Number of Foodborne Illnesses
Challenges:
Complexity in Quantification of Test Results
Restraints:
Lack of Awareness of Food Safety Regulations among Food Manufacturers and Lack of Management by Food Safety Regulations
Opportunities:
Development of Multi-Contaminant Analyzing Technology, Increasing Global Demand for Food and Growing Consumer Awareness and Inclination to Test Food Samples Directly
Market Leaders and their expansionary development strategies
In October 2023, R-Biopharm, a leading provider of food and environmental diagnostics, announced a partnership with Bio-Gene Technology, a Chinese manufacturer of rapid test kits, to develop and distribute new food allergen detection kits in China.
In January 2024, HYPO Allergenics launched a new at-home food allergy test kit that can detect 10 common food allergies, including peanut, milk, egg, soy, wheat, fish, shellfish, tree nuts, sesame, and mustard.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Food Testing Kits Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.