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The food testing kits market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 8%, as per The Business Research Company’s market report!

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The Food Testing Kits Market Size In 2022 And Forecast

The global food testing kits market is expected to grow from $2.33 billion in 2021 to $2.55 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.50 billion in 2026 at a CAGR of 8.2%.

The food testing kits market consists of sales of food testing kits by entities (organizations, sole traders, and partnerships) that are specifically designed for testing and detection of pathogens, meat species, GMOs, allergen, and mycotoxin in the food.

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The Rising Cases Of Food-Borne Illness Is Driving The Growth Of The Food Testing Kits Market

According to the World Health Organization (WHO) report in 2020, every year an estimated 600 million individuals, nearly one out of every ten people on the planet become unwell after eating tainted food. The surge in food-borne illness has lead to increased focus on food safety for people, thereby contributing to the growth of the food testing kits market.

Competitive Landscape And The Regional Analysis Of The Food Testing Kits Market

Major players in the food testing kits market are Agilent Technologies, Bio-Rad Laboratories Inc, BioMérieux, EnviroLogix Inc, Eurofins Scientific, Merck Millipore, Neogen Corporation, PerkinElmer Inc, Qiagen, Romer Labs Inc, Thermo Fisher Scientific, Danaher Corporation, Erber Group, DNA Diagnostic A/S, Elabscience,and Creative Diagnostics.

Additionally, as per TBRC’s research – North America was the largest region in the food testing kits market in 2021 holding the largest market share and Asia Pacific is expected to be the fastest-growing region in the forecast period.

The Food Testing Kits Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food testing kits market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the food testing kits market.

Technological Advancement – A Key Trend In The Food Testing Kits Market

Rapid analytical food testing kits (RAFT), a new technology that allows people to use kits that detect and identify food pathogens, food allergens, food adulterants, pesticide leftovers, food pathogens, antibiotics/drug residues, and other harmful food toxins that contaminate the food products. These kits enable users to gain more assurance and check the quality of their food as well as protecting them from illnesses.

Food Testing Kits Market Segmentation By The Business Research Company

1) By Technology: PCR-based, Immunoassay-based, Enzyme Substrate-based

2) By Target Tested: Pathogens, Meat Species, GMOs, Allergens, Mycotoxins, Others

3) By Sample: Meat, Poultry, And Seafood, Dairy Products, Packaged Food, Fruits And Vegetables, Cereals, Grains, And Pulses, Nuts, Seeds, And Spices, Others

Here Are Some Reports Related To The Food Testing Kits Market –

Food Pathogen Detection Technology Global Market Report 2022

GMO Testing Global Market Report 2022

Food and Beverage Testing Kits Global Market Report 2022

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