Food Diagnostics Market
Food Diagnostics Market Size, Share & Trends Analysis Report by Type (Systems, Kits, and Consumables), by Testing Type (Safety and Quality), and by Application (Processed Food, Meat & Poultry, Dairy Products, Cereals, Grains, & Pulses, Seeds & Spices, Nuts, and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Food diagnostics market is anticipated to grow at a CAGR of 13.2% during the forecast period. The consumption of contaminated foods or beverages causes foodborne illness. Many different disease-causing microbes or pathogens can contaminate foods. Most foodborne diseases are infections caused by a variety of bacteria, viruses, and parasites. The increasing cases of food borne illness is rising demand for the food testing and quality check which in turn is driving the growth of the food diagnostics market during the forecast period. For instance, according to the the World Health Organization, each year globally, unsafe food causes 600 million cases of foodborne diseases and 4,20,000 deaths. 30% of foodborne deaths occur among children under 5 years of age. Furthermore, WHO estimated that 33 million years of healthy lives are lost due to eating unsafe food globally each year, and this number is likely an underestimation.
Segmental Outlook
The global food diagnostics market is segmented based on the type, testing type, and application. Based on the type, the market is sub-segmented into the systems, kits, and consumables. Based on the testing type, the market is bifurcated into safety and quality. Based on the application, the market is augmented into the processed food, meat & poultry, dairy products, cereals, grains, & pulses, seeds & spices, nuts, and others.
Among the type, the system segment is expected to hold a significant market share in the food diagnostics market during the forecast period. The benefits such as easy-to-use, convenient, and rapid diagnostics systems, such as immunoassay, PCR systems, PCR-based testing kits, and biosensors are creating demand for food doagnostics systems. The market players are introducing new systems to expand access to testing which will further contribute to the market growth. For instance, in September 2021, 3M Food Safety announced two new innovative solutions for food safety professionals: The 3M Petrifilm Plate Reader Advanced and the 3M Environmental Scrub Sampler with 10 mL wide spectrum neutralizer. It will help to improve lab productivity by giving food safety professionals new options to rapidly and accurately image, count, and document microbiological colonies. Additionally, these new launches are the latest in 3M’s recent string of innovations, which help optimize and modernize every step of the food safety testing process.
Regional Outlooks
The global food diagnostics market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Asia Pacific region is expected to be the fastest growing region during the forecast period owing to the increasing urban population size, and favorable investments by the government in the region. For instance, Food Safety and Standards Authority of India (FSSAI) is working towards having more food testing labs both in the public as well as private sector. It has also initiated a scheme to provide mobile units for food testing to reach out to consumers through as many touch points as possible. These mobile units are called “Food Safety on Wheels”.
Global Food Diagnostics Market Growth, by Region 2022-2028
The Europe Region is Expected to Hold a Remarkable Share in the Global Food Diagnostics Market during the Forecast Period.
The European region is expected to hold a remarkable share in the food diagnostics market during the forecast period. The stringent regulations being implemented by the regulatory and authoritative bodies in the region due to foodborne outbreak in Spain is creating need for the food diagnostics market. For instance, in August 2019, Regional Health Authorities in Andalusia, Spain, reported an outbreak of listeriosis, caused by the bacteria Listeria monocytogenes (L. monocytogenes), associated with the consumption of a chilled roasted pork meat product manufactured in Spain by Magrudis Co. Ltd. and sold under the brand name “La Mechá”.
Market Players Outlook
The major companies serving the global food diagnostics market include 3M, Agilent Technologies Inc., Bio-Rad Laboratories, Inc., Clear Labs, Inc., Danaher Corp., Intertek Group Plc, Life Technologies Corp., Merck KGaA, Omega Diagnostics Group Plc, PerkinElmer Inc., SGS S.A., Thermo Fisher Scientific Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2020, Thermo Fisher Scientific Inc. announced that their boards of directors, as well as the managing board of QIAGEN N.V., have unanimously approved Thermo Fisher's proposal to acquire QIAGEN for €39 per share in cash. The offer price represents a premium of approximately 23% to the closing price of QIAGEN's common stock on the Frankfurt Prime Standard. Thermo Fisher will commence a tender offer to acquire all of the ordinary shares of QIAGEN.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global food diagnostics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Food Diagnostics Market by Type
4.1.1. Systems
4.1.2. Kits
4.1.3. Consumables
4.2. Global Food Diagnostics Market by Testing Type
4.2.1. Safety
4.2.2. Quality
4.3. Global Food Diagnostics Market by Application
4.3.1. Processed Food
4.3.2. Meat & Poultry
4.3.3. Dairy Products
4.3.4. Cereals, grains, and Pulses
4.3.5. Seeds & Spices
4.3.6. Nuts
4.3.7. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. 3M
6.2. Agilent Technologies Inc.
6.3. ALS Ltd.
6.4. Beckman Coulter, Inc.
6.5. bioMerieux SA
6.6. Bio-Rad Laboratories, Inc.
6.7. Biorex Food Diagnostics
6.8. Clear Labs, Inc.
6.9. Danaher Corp.
6.10. Eurofins Scientific SE
6.11. Foss India Pvt. Ltd.
6.12. Intertek Group Plc
6.13. Invisible Sentinel
6.14. Life Technologies Corp.
6.15. Neogen Corp.
6.16. Noack Group
6.17. Merck KGaA
6.18. Omega Diagnostics Group Plc
6.19. PerkinElmer Inc.
6.20. Randox Laboratories
6.21. Ring Biotechnology Co., Ltd.
6.22. Roka Bio Science
6.23. Shimadzu Corp.
6.24. SGS S.A.
6.25. Thermo Fisher Scientific Inc.
1. GLOBAL FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL FOOD DIAGNOSTICS BY SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL FOOD DIAGNOSTICS BY KITS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL FOOD DIAGNOSTICS BY CONSUMABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY TESTING TYPE, 2021-2028 ($ MILLION)
6. GLOBAL FOOD DIAGNOSTICS FOR SAFETY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL FOOD DIAGNOSTICS FOR QUALITY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
9. GLOBAL FOOD DIAGNOSTICS FOR PROCESSED FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL FOOD DIAGNOSTICS FOR MEAT & POULTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL FOOD DIAGNOSTICS FOR DAIRY PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL FOOD DIAGNOSTICS FOR CEREALS, GRAINS, AND PULSES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL FOOD DIAGNOSTICS FOR SEEDS AND SPICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL FOOD DIAGNOSTICS FOR NUTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL FOOD DIAGNOSTICS FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. NORTH AMERICAN FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
19. NORTH AMERICAN FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY TESTING TYPE, 2021-2028 ($ MILLION)
20. NORTH AMERICAN FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
21. EUROPEAN FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. EUROPEAN FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
23. EUROPEAN FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY TESTING TYPE, 2021-2028 ($ MILLION)
24. EUROPEAN FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY TESTING TYPE, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
29. REST OF THE WORLD FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. REST OF THE WORLD FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY TESTING TYPE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD FOOD DIAGNOSTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL FOOD DIAGNOSTICS MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL FOOD DIAGNOSTICS BY SYSTEMS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL FOOD DIAGNOSTICS BY KITS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL FOOD DIAGNOSTICS BY CONSUMABLES MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL FOOD DIAGNOSTICS MARKET SHARE BY TESTING TYPE, 2021 VS 2028 (%)
6. GLOBAL FOOD DIAGNOSTICS FOR SAFETY MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL FOOD DIAGNOSTICS FOR QUALITY MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL FOOD DIAGNOSTICS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
9. GLOBAL FOOD DIAGNOSTICS FOR PROCESSED FOOD MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL FOOD DIAGNOSTICS FOR MEAT & POULTRY MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL FOOD DIAGNOSTICS FOR DAIRY PRODUCTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL FOOD DIAGNOSTICS FOR CEREALS, GRAINS, AND PULSES MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL FOOD DIAGNOSTICS FOR SEEDS & SPICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL FOOD DIAGNOSTICS FOR NUTS MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL FOOD DIAGNOSTICS FOR OTHER MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL FOOD DIAGNOSTICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. US FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
19. UK FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD FOOD DIAGNOSTICS MARKET SIZE, 2021-2028 ($ MILLION)
