Government Initiatives Play a Critical Role in the Global Food Diagnostics Market which will Positively Impact the Market Growth during the Forecast Period.

Published: Aug 2022

The global food diagnostics market is anticipated to grow at a CAGR of 13.2 % during the forecast period (2022-2028). Foodborne diseases are preventable and government plays a critical role in taking global leadership in investment and coordinated action across multiple sectors to provide consumers with tools to make safe food choices. Governments are using next-generation technologies to ensure food safety and quality. For instance, in July 2021, the Food Safety and Standards Authority of India stated that they explored next-generation technological tools such as blockchain and machine learning to ensure food safety and quality. During the pandemic, these tools gained importance as the situation negatively affected many aspects of routine regulatory inspections, monitoring, and surveillance at both the domestic level and border points. These regulatory inspections are essential for ensuring food safety and quality which is positively impacting the market growth during the forecast period.

Browse the full report description of “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)” at https://www.omrglobal.com/industry-reports/food-diagnostics-market

Furthermore, in December 2019, the food regulator adopted several new rapid food testing devices and kits for the detection of food-borne pathogens and toxins in the food. These devices ensure faster, better, cheaper real-time testing of food. Moreover, these testing devices are expected to become an integral part of quality assurance and control programs in the food industry and also for regulatory and surveillance purposes. FSSAI planned to spend over Rs 20 crore and procure rapid food testing kits and devices which as result is driving the growth of the market over the forecast period. 

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Type

o By Testing Type

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including 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.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How has COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Food Diagnostics Market Report Segment

By Type

  • Systems
  • Kits
  • Consumables

By Testing Type

  • Safety 
  • Quality 

By Application

  • Processed Food
  • Meat & Poultry
  • Dairy Products
  • Cereals
  • Grains, & Pulses
  • Seeds & Spices
  • Nuts
  • Others

Global Food Diagnostics Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa

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