The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s food testing kits market report forecasts the food testing kits market size to grow to $3.98 Billion by 2027, with a CAGR (compound annual growth rate) of more than 9%.

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Food Testing Kits Market Size Forecast
The global food testing kits market is expected to grow from $2.56 billion in 2022 to $2.79 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The food testing kits market size is expected to grow to $3.98 billion in 2027 at a CAGR of 9.3%.

North America held the largest food testing kits market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Food Testing Kits Market Driver ­– Rise In Cases Of Food-Borne Illness
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 led to increased focus on food safety for people, thereby contributing to the growth of the food testing kits market.

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Key Food Testing Kits Market Trend – Technological Advancement
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. For instance, in December 2020, Eurofins Technologies, a Hungary-based supplier of test kits and systems for laboratory analyses, launched the SENSIStrip Allergen product range. SENSIStrip Allergen kits are immunoassay-based, simple to use and rapid tests that need only a short incubation time. In terms of food matrices, rinse water, and machinery, this ensures adequate allergy management at various phases of the food manufacturing process.

Food Testing Kits Market Segment
1) By Technology: PCR-based, Immunoassay-based, Enzyme Substrate-based
2) By Target Tested: Pathogens, Meat Species, GMOs, Allergens, Mycotoxins, Other Target Tested
3) By Sample: Meat, Poultry, And Seafood, Dairy Products, Packaged Food, Fruits and Vegetables, Cereals, Grains, and Pulses, Nuts, Seeds, and Spices, Other Samples

Food Testing Kits Market Major Players and Strategies
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.

In September 2021, Battery Ventures, a US-based technology-focused investment firm, acquired ifp, the Institut für Produktqualität GmbH, for an undisclosed amount. With this acquisition, Battery Ventures aims to target the food safety kits technological market. Battery ventures will leverage the safety and development labs of ifp Institut für Produktqualität GmbH to enter the food safety sector. ifp Institut für Produktqualität GmbH is a Germany-based company engaged in manufacturing diagnostic test kits for detection of GMOs, food allergens, vitamins, pathogens, and other substances.

The Food Testing Kits Global Market Report 2023 covers regional data on food testing kits market size, food testing kits market trends and drivers, opportunities, strategies, and food testing kits market competitor analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Food testing kits are specifically designed for testing and detection of pathogens, meat species, GMOs, allergen, and mycotoxin in the food. These kits are more efficient and effective to test the integrity and quality of foods. Food testing is important for standard quality control, and it begins with laboratory or field testing.

View More Reports Related To The Food Testing Kits Market –
Food And Beverage Testing Kits Global Market Report 2023
Food Pathogen Detection Technology Global Market Report 2023
Food Safety Testing Global Market Report 2023

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