Key Trends And Drivers In The Food Pathogen Detection Technology Market 2024
The food pathogen detection technology market has witnessed robust growth, driven by factors such as the increase in global outbreaks of foodborne illnesses and the globalization of food trade.
Current Market Status
- The market size is set to increase from $5.53 billion in 2023 to $5.96 billion in 2024, exhibiting a compound annual growth rate (CAGR) of 7.8%.
- Future projections indicate further expansion, reaching $8.02 billion by 2028, with a CAGR of 7.7%.
Rising Global Foodborne Illness Outbreaks Boost Food Pathogen Detection Technology Market
Impact of Foodborne Illnesses
- The surge in foodborne illness outbreaks worldwide has significantly contributed to the demand for food pathogen detection technology.
- Foodborne diseases pose a threat to public health, driving the need for advanced detection methods to ensure food safety.
Statistical Insights: European Union
- Data from the European Food Safety Authority (EFSA) reveals a notable increase in foodborne outbreaks in the European Union (EU), emphasizing the urgency for effective pathogen detection measures.
- This trend underscores the pivotal role of food pathogen detection technology in safeguarding public health.
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Genetic Testing Transforms Food Pathogen Detection For Rapid And Reliable Results
Advancements in Genetic Testing
- Genetic testing technology is increasingly adopted for its ability to provide rapid, sensitive, and reliable detection of pathogens in food samples.
- These techniques enable early detection of pathogens, even at low concentrations, enhancing food safety measures.
Example: 1health’s Partnership
- 1health, in collaboration with Apollo Health Group, introduced specialized high-performing NGS tests, leveraging genetic testing technology for accurate and efficient pathogen detection.
- The integration of genetic testing into diagnostic workflows enhances efficiency and accuracy in detecting foodborne pathogens.
IDEXX Labs Expands Microbiology Testing With Pathogen Detection Systems Acquisition
Strategic Acquisitions
- IDEXX Laboratories Inc.’s acquisition of Pathogen Detection Systems underscores the company’s commitment to expanding microbiology testing capabilities.
- Pathogen Detection Systems’ innovative technology complements IDEXX’s portfolio, enhancing both lab-based and in-field pathogen detection solutions.
Impact on Market Landscape
- Strategic acquisitions, such as IDEXX’s acquisition, contribute to market growth and innovation, fostering advancements in food pathogen detection technology.
- These initiatives broaden the scope of pathogen detection systems, catering to diverse testing needs across the food industry.
Market Segmentation and Regional Insights
Segmentation Overview
- The food pathogen detection technology market is segmented based on technology, type of product, and food type, addressing varied testing requirements.
- Segments include traditional and rapid detection technology, consumables, equipment, and diverse food categories.
Regional Growth Dynamics
- North America emerged as the largest region in the global food pathogen detection technology market in 2023, driven by stringent food safety regulations and technological advancements.
- The Middle East is poised for rapid growth, reflecting increasing awareness and regulatory focus on food safety in the region.
Conclusion
The evolution of food pathogen detection technology plays a pivotal role in ensuring food safety and public health worldwide. With a focus on rapid, sensitive, and reliable detection methods, the market continues to innovate, driven by rising global foodborne illness outbreaks and regulatory scrutiny. As advancements in genetic testing and strategic acquisitions reshape the market landscape, stakeholders are poised to navigate new opportunities and challenges, contributing to enhanced food safety standards and consumer confidence.
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