Exploring Key Insights of the Food and Beverage Testing Kits Market: Growth Prospects, Emerging Trends, and Opportunities
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How has the food and beverage testing kits market grown over the years?
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.
What Is the forecasted market size and growth rate for the food and beverage testing kits market?
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.
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What are the major factors driving growth in 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.
What key areas define the segmentation of the global 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
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What are the top market players propelling the growth of the food and beverage testing kits industry?
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 key trends shaping the future of the food and beverage testing kits market?
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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What regions are dominating the food and beverage testing kits market growth?
North America was the largest region in the food and beverage testing kits market in 2024. Western Europe was the second largest region in the food and beverage testing kits market report. The regions covered in the food and beverage testing kits market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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