The Food Safety Testing Market is expected to reach $29.6 billion by 2027, at a CAGR of 7.6% during the forecast period of 2020 to 2027. The rising incidence of foodborne diseases, growing consumer awareness regarding food safety, stringent food safety regulations, and rising demand for convenience and packaged food products are some of the major factors driving the growth of the food safety testing market. However, the lack of food control infrastructure in developing nations is hindering the growth of this market to some extent.
Here are the top 10 companies operating in the Food Safety Testing Market
SGS provides inspection, verification, testing, and certification services to various industries. The company operates through nine business segments, namely, Agriculture, Food, & Life; Minerals; Oil, Gas, & Chemicals; Consumer & Retail; Certification & Business Enhancement; Industrial; Environment, Health, & Safety; Transportation; and Governments & Institutions. The company offers inspection services to reduce risk, control quality & quantity, and meet relevant regulatory requirements. The company also provides food safety testing services through its Agriculture, Food, and Life segment.
With more than 2,600 offices and laboratories, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Intertek Group PLC
Intertek engaged in innovative and bespoke assurance, testing, inspection, and certification solutions. The company operates through three business segments, namely, Products, Trade, and Resources. Through its Products segment, the company offers a broad range of food testing services, including microbiology, campylobacter, shelf life testing service, chemical and nutritional, nutritional analysis, meat species identification, allergens, residues and contaminants, food packaging, GMOs, honey analysis, and sensory analysis services.
The company has a global network of over 1,000 laboratories, including 29 state-of-the-art food-testing laboratories with centers of excellence in Germany, the U.K., and China, and expert testing facilities in the U.S., Canada, India, Vietnam, South Korea, Peru, Sweden, Italy, Chile, Poland, Turkey, Indonesia, Sri Lanka, the U.A.E., Thailand, Taiwan, Hong Kong, and the Philippines.
Eurofins Scientific SE
Eurofins Scientific is an international life science company providing analytical testing and services to clients across multiple industries. The company offers its services and testing in food, environment, pharmaceutical, and agriculture industries.
With more than 800 laboratories across 50 countries and four wholly-owned CAP-accredited laboratory facilities in the U.S., Europe, Singapore, and China, the company has its geographic presence across North America, Europe, Asia-Pacific, and Latin America.
Thermo Fisher Scientific, Inc.
Thermo Fisher Scientific is engaged in providing analytical instruments, equipment, reagents & consumables, software, and services for research, manufacturing, analysis, discovery, and diagnostics under the Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, and Unity Lab Services brands. The company operates through four segments, namely, Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services. The company offers food safety testing under the Specialty Diagnostics business segment.
With its subsidiaries and a strong distribution network, the company has its presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
ALS is engaged in the areas of testing, measurement, inspection, & monitoring; food & pharmaceutical quality assurance; mining & mineral exploration; commodity certification; and equipment maintenance & asset care operations. The company operates through three business segments, namely, Life Sciences, Commodities, and Industrial. The company offers food safety testing products through its Life Sciences segment.
The company has its geographic presence in more than 350 sites in over 65 countries across Africa, Asia, Australia, Europe, and the Americas.
Meticulous Research in its latest publication on Food Safety Testing Market has predicted the growth of 7.6% during the forecast year 2020-2027.
Bureau Veritas SA
Bureau Veritas provides testing, inspection, and certification services. The company operates through six business segments, namely, Buildings & Infrastructure, Agri-Food & Commodities, Industry, Consumer Products, Marine & Offshore, and Certification. Its Agri-Food & Commodities segment provides a comprehensive range of inspection, laboratory testing, and certification services for all types of commodities, including oil & petrochemicals, metals & minerals, and food & agriculture.
With more than 1,400 offices and laboratories over almost 140 countries, the company has a geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
AsureQuality provides a wide range of services to the food and primary industries in New Zealand and Australia. These services include mandatory meat inspection, product & process verification, inspection, auditing, testing, training, biosecurity surveillance, and response. The business activities of AsureQuality are divided into two main operating groups—Operations and Laboratories & Diagnostics.
The company has its geographic presence in New Zealand, Australia, and Southeast Asia. As of 2019, the company had a headcount of 1,700 employees.
TÜV SÜD AG
TÜV SÜD provides testing, inspection, and certification services. The company operates through three business segments, namely, Industry, Mobility, and Certifications. It offers services in areas of inspection, knowledge solutions, product certification, testing, energy efficiency, food safety, functional safety, IT security, renewable energy, and water services, among others. The company offers its services to various industries, such as aerospace, automotive & transportation, chemical, oil & gas, consumer products & retail, and food, to name a few.
The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
NEOGEN develops, manufactures, and markets various products and services for food and animal health safety. The company mainly operates through two segments—Food Safety and Animal Safety. The company’s Food Safety segment is primarily engaged in the production and marketing of diagnostic test kits and complementary products marketed to food and feed producers and processors to detect dangerous and unintended substances in food and animal feed, such as foodborne pathogens, spoilage organisms, natural toxins, food allergens, genetic modifications, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns.
The company has its geographic presence in the Americas, Europe, and Asia-Pacific. As of 2019, the company had a headcount of 1,682 employees.
Mérieux NutriSciences Corporation
Founded in 1967 and headquartered in Illinois, U.S., Mérieux NutriSciences is engaged in R&D services. The company offers a wide range of test & consultancy services, including the detection of bacteria, contaminants, or impurities. It also provides products to analyze chemical components to the food & nutrition, water & environment, agrochemical, consumer goods, pharmaceutical, and cosmetics sectors. The company has its geographic presence across North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. As of 2019, the company had a headcount of more than 1,000 employees.
Popular Mentions: Microbac Laboratories, Inc., Romer Labs Division Holding GmbH, FoodChain ID Group, Inc., R J Hill Laboratories Limited, Symbio Laboratories, and BIOTECON Diagnostics GmbH
Authoritative Research on the Food Safety Testing Market – Global Opportunity Analysis and Industry Forecast (2020-2027)
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