The food pathogen safety testing equipment and supplies market is estimated to be valued at USD 7.4 billion in 2023 and is projected to reach USD 10.4 billion by 2028, at a CAGR of 7.1% from 2023 to 2028. The food pathogen safety testing equipment and supplies market is experiencing significant global growth due to growing concerns about food safety and its impact on consumer health. Stricter regulations and high-profile foodborne illness outbreaks have increased public awareness, driving the demand for advanced testing solutions. The European region’s food industry, known for its strict food safety regulations, demands robust testing procedures to maintain the integrity of its food supply chain. As the food industry expands, the risk of contamination increases, prompting food manufacturers and suppliers to invest in advanced testing technologies. Advancements in testing technology, such as PCR and NGS, have revolutionized the field of food pathogen safety testing, enabling rapid and accurate detection of pathogens. Consumer awareness and demand for safe food products are driving market growth in Europe, with consumers willing to pay a premium for products with higher safety standards. Supportive government initiatives, financial backing, and infrastructure upgrades encourage businesses to adopt modern testing methodologies, leading to market expansion.
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Drivers: Food manufacturers’ growing emphasis on food quality and protecting brand reputation
Food manufacturers face increasing pressure to protect their brand reputation and gain consumer trust due to the devastating impact of pathogen-contaminated foods on public health and brand image. The presence of harmful pathogens like Salmonella, E. coli, and Listeria in food products can lead to severe consequences, including widespread illnesses, product recalls, lawsuits, and irreversible damage to consumer trust. Consumers today are more vigilant and vocal, making it crucial for manufacturers to prioritize food safety and minimize the risk of contamination. High-profile cases of foodborne illnesses traced back to specific brands have resulted in a loss of consumer confidence, reduced sales, and even the demise of once-thriving businesses. The proliferation of social media and online review platforms has amplified the impact of negative publicity, making investing in rigorous pathogen safety testing a strategic imperative to protect its brand reputation and maintain its competitive edge in the market.
Opportunities: Growing budgetary focus on ensuring food safety
Recent instances of foodborne illnesses and contaminations have sparked a paradigm shift in how consumers perceive food safety. Governments around the world are allocating more significant resources to bolster their food safety programs, including robust pathogen testing measures. This renewed commitment has provided a favorable environment for businesses operating in the food pathogen safety testing sector. The growing budgetary focus on food safety has driven manufacturers to invest heavily in research and development, leading to innovative solutions and technological advancements. Innovative testing equipment with enhanced sensitivity, accuracy, and rapid detection capabilities is now in demand. Companies are competing to provide innovative equipment and supplies that meet the stringent requirements of food safety regulators and cater to the needs of food processors and laboratories alike.
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Asia Pacific is estimated to grow at the highest CAGR in the food pathogen safety testing equipment and supplies market.
With the region’s vast population, rapid urbanization, and increasing disposable incomes, there is a growing demand for safe and high-quality food products, prompting the food industry to invest in advanced pathogen safety testing equipment to comply with stringent regulations and ensure consumer trust. Additionally, Asia Pacific countries have been actively working to strengthen their food safety standards, fostering the adoption of advanced testing technologies. The thriving food and beverage industry in the region further fuels the demand for efficient testing methods to monitor and control potential contaminants. Technological advancements and international collaborations have also facilitated the development and dissemination of innovative and cost-effective testing solutions in the region.
Key Market Players:
Thermo Fisher Scientific Inc. (US), Bio-Rad Laboratories, Inc. (US), Merck KGaA (Germany), Neogen Corporation (US), BIOMÉRIEUX (France), Agilent Technologies, Inc. (US), QIAGEN (Germany), and Shimadzu Corporation (Japan) are among the key players in the global food pathogen safety testing equipment and supplies market.
