Food and Beverage Testing Kits Market Growth Forecast: Exploring Trends and Opportunities for the Next Decade
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What Growth Opportunities are Expected to Drive the Food and Beverage Testing Kits Market’s CAGR Through 2034?
There has been a robust growth in the market size of food and beverage testing kits in the past few years. The market, which is predicted to grow from $21.76 billion in 2024 to $23.29 billion in 2025, will experience a compound annual growth rate (CAGR) of 7.0%. Factors such as rigid regulations, incidents impacting public health, industry specifications and certifications, heightened consumer awareness and demand, and compliance on the part of manufacturers and suppliers have all contributed to the growth witnessed in the historical span.
The market for food and beverage testing kits is predicted to witness robust expansion in the coming years. The market is expected to swell to a worth of $33.02 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.1%. The upward trend during the projected period can be ascribed to improvements in data management and analytics, cost-effectiveness, swift response capabilities, supply chain management, along with the industry collaboration and standardization. Key trends anticipated during this period encompass remote surveillance and integration of the Internet of Things (IoT), detection of nascent contaminants, adoption of more sustainable and green testing practices, advancements in microbiological testing, and the integration of blockchain for enhanced traceability.
Which Factors Are Enhancing the Growth of the Food and Beverage Testing Kits Market?
The escalating prevalence of infectious illnesses contributes to the increased necessity for testing services, thereby propelling the food and beverage testing kits industry. Consuming risky foods or drinks that contain dangerous bacteria, chemicals, or other substances can result in an array of infectious illnesses. Testing instruments enable an inspection of the food or beverage quality, safeguarding consumer wellbeing. As per data from the World Health Organization (WHO), roughly 600 million people, which correlates to approximately one out of every ten individuals, become ill from eating contaminated food, and nearly 420000 people perish from such consumption. Expectations are that these escalating incidents of infectious diseases, resulting from contaminated food, will fuel the need for testing equipment, thereby boosting the food and beverage testing kits market during the projected phase.
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What Are the Leading Industry Players Dominating the Food and Beverage Testing Kits Market?
Major companies operating in the food and beverage testing kits market include Eurofins Scientific, Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., Neogen Corporation, PerkinElmer Inc., Merck KGaA, Agilent Technologies Inc., Danaher Corporation, 3M Company, Qiagen N.V., Intertek Group plc, TÜV SÜD, ALS Limited, Romer Labs Division Holding GmbH, Charm Sciences Inc., Hygiena LLC, IDEXX Laboratories Inc., EnviroLogix Inc., Randox Laboratories Ltd., Biomerieux SA, R-Biopharm AG, Biocheck Inc., Ab Sciex LLC, Merck Millipore, SGS SA, Bureau Veritas SA, Covance Inc., GeneDisc Technologies, Envirologix
What Are the Most Significant Trends Transforming the Food and Beverage Testing Kits Market Today?
The food and beverage testing kits market is currently witnessing a new trend with the advent of forward laser light scatter technology. This technology uses forward laser light scatter (FLLS) for identifying the growth of bacteria in food and drink products, aiding in the early determination of antimicrobial susceptibility. It operates by using a laser light to ascertain the optical density (OD) of a liquid sample. The FLLS system can produce results within approximately 6 hours for rapidly growing organisms, while slower ones might require up to 18 hours. The efficacy and speed of this technology proves beneficial in clinical settings to accelerate testing outcomes, thereby enhancing the selection of the fitting antimicrobial treatment and aiding in various supporting processes. Esteemed institutions like Hettich, MIT, Purdue University, and St. Jude are leveraging and researching this technology to enhance their understanding and to improve the precision of pathogen identification.
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Which Market Segments Are Driving Strategic Growth and Trends in the Food and Beverage Testing Kits Market?
The food and beverage testing kits market covered in this report is segmented –
1) By Product: Consumables, Equipment
2) By Technology: Traditional, Rapid
3) By Contaminants Type: Pathogens, GMO’s, Pesticides, Toxins
4) By Application: Meat, Poultry, Seafood, Dairy, Processed Foods, Fruits And Vegetables
Subsegments:
1) By Consumables: Test Strips, Reagents And Chemicals, Sample Collection Kits
2) By Equipment: Portable Testing Devices, Laboratory Analyzers, Spectrophotometers, pH Meters
Which Regions Are Significant to the Growth of the Food and Beverage Testing Kits Market?
The countries covered in the food and beverage testing kits market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
How Is the Food and Beverage Testing Kits Market Classified and Defined in Market Analysis?
Food and beverage testing kits refer to the devices used to carry out procedures and examinations at each stage of the preparation of food and beverages to make sure that all of the ingredients and materials are fit for human consumption.
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