[288 Pages Report] Global food tester market worth is expected to rise at a rate of 8% per year to US$ 42.81 Billion by 2032, supported by:
Strong trends in meat output and tendencies toward processed foods brought on by changes in lifestyle will favourably impact the expansion of the global market for food tester tools and equipment. Over 40% of the world's meat is produced in the world undergoes food testing and scrutiny before going up for export or general consumption. The outbreak of the Covid-19 pandemic has also provided a huge impetus to the adoption of food testing by several countries that have certainly favoured the market in the following years.
| Report Attribute | Details |
|---|---|
| Estimated Base Year Value (2021) | US$ 18.36 Billion |
| Expected Market Value (2022) | US$ 19.86 Billion |
| Anticipated Forecast Value (2032) | US$ 42.81 Billion |
| Projected Growth Rate (2022 to 2032) | 8% CAGR |
Why Asia Pacific Countries are witnessing a Strong Demand for Food Tester Equipment these Years?
As per the food tester market analysis report by FMI, the market is anticipated to develop at the quickest rate between 2022 and 2032 in the Asia Pacific region. The proliferating food & beverages industries in South Asian countries, supported by increased attention to food safety are anticipated to fuel market expansion. Over the coming years, the Asia Pacific food and beverage sector is expected to grow at a CAGR of over 7.5%, driven by the region's fast urbanization, economic expansion, rising food consumption, and the impact of western trends on its food market.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global market for food safety testing is somewhat fragmented, with both regional and international firms competing against each other to capture as much client base as possible. Among the major players in the sector, some have managed to earn recognition as significant businesses in terms of their geographic reach.
Over the past few years investment in research and development activities to come up with novel technologies with better accuracy and easier-to-use equipment design has become the prominent strategy by manufacturers for their food tester market growth. For instance, in December 2019, ALS Limited introduced Check and Trace, as a novel technology that can identify Salmonella isolates as sensitively as conventional serological techniques. Additionally, Asurequality expanded its line of food safety testing services in June of the year 2020 by adding a new brand called "Kaitiaki Kai" to its existing product portfolio in the market.
On the basis of equipment type, the market for food tester equipment with rapid inspection technology is anticipated to grow at a rate of about 8.3% through 2032. For this reason, PCR and immunoassay methods are the maximum utilized in the construction of food tester machines and other products and account for a sizable portion of fast technologies. These equipment types particularly are attracting more focus from the stakeholders as most of the clients prefer quality over price.
Traditional methods are still widely employed in poor nations in Asia, Latin America, and Europe, and they dominate the worldwide market for food safety testing. So the food tester market players have started extending their production units to these countries in lieu of more lucrative opportunities.
Food tester plays a key role in the food industry. Food analyzers are mostly used by manufacturers to ensure quality control and safety. The agricultural sector uses mass spectrometry/ chromatography to detect the amount of pesticides present in the food.
Food tester is also used to count bacterial colonies in the food sample. Food tester also determines the content of protein, fat, oil, flavor and others. Various parameters need to be considered before buying food testers are the use of food testers based on application, i.e. quality control or amount of contamination in food. Other factors are ease of use, the speed of analysis, type of analysis, sample size, and others.
Food chemistry analysis includes testing of fat, protein, moisture, salt, minerals, contamination, sugar, pH, and others. Food microbiology analysis includes salmonella, lactobacillus, staphylococcus aureus, yeast, E. coli, pseudomonas, mold, Listeria, and others.
Food allergen analysis includes the test for the presence of egg, peanut, soy, and others. Natural food toxin analysis includes testing of fumonisin, histamine, and others. Food quality control determination includes wheat adulteration, GMO analysis.
The food tester market is expected to grow at a significant CAGR during the forecast period due to the strict regulations and standards set by the regulatory bodies of various countries. The other factors creating the demand for food testers are increasing adulteration, use of preservatives, use of pesticides, a rising concern for organic food, and others. All the factors are expected to have a positive impact on the growth of the global food tester market.
In addition to this, regulatory compliance plays a key driver for the growth of the food tester market. Food testing compliance are Food and Drug Administration/Bacteriological Analytical Manual (FDA/BAM), Food Safety and Inspection Service (FSIS), U.S. Department of Agriculture (USDA), International Organization for Standardization (ISO), Association of Official Agricultural Chemists (AOAC), United States Pharmacopeial Convention (USP), American Public Health Association's Compendium of Methods for the Microbiological Examination of Food (CMMEF), and others. With the increasing regulation and continuous advancements in food testers, the market for food testers is expected to grow at a significant rate during the forecast period.
Principal Consultant
The challenges associated with the growth of the global food tester market are variation in regulatory standards for different regions or countries. However, food tester manufacturers are continuously focused on manufacturing food testers based on regional standards and are expected to overcome this challenge by the end of the forecast period.
As per the FMI analysis, Europe dominates the market, accounting for 36% of the market revenue share. The growth is owed to the high prevalence of food-related allergies among the population which further increases the demand for safety testing procedures. Furthermore, enforcement of stringent regulatory norms in the region is projected to lead to a large market size in the region.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
According to Future Market Insights, North America is expected to have the prominent market share of food testers during the forecast period. The strict regulations for maintaining food standards and the massive demand for packaged food is driving the food tester market in the U.S. and Canada. In addition, allergen testing in North America for food safety testing mandated by the Food and Drug Administration (FDA) has significantly added to the growth.
Some of the key participants present in the global food tester market include Labcompare, LabX, Presto Group, Progen Scientific, Thwing Albert, Boekel Scientific, Thermo Fisher Scientific, Amaze Instruments, and others. Attributed to the presence of such a high number of participants, the market is highly competitive.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 8% from 2022 to 2032 |
| Market Value in 2022 | US$ 19.86 Billion |
| Market Value in 2032 | US$ 42.81 Billion |
| Base Year for Estimation | 2021 |
| Historical Data | 2017 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million, Volume in Kilotons and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Countries Profiled |
|
| Key Companies Profiled |
|
| Customization | Available Upon Request |
FMI projects the global food tester market to expand at a 8% value CAGR by 2032
North America is expected to be the most opportunistic food tester market.
Labcompare, LabX, and Presto Group are some prominent food tester manufacturers.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Device 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Device, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Device, 2022-2032 5.3.1. Spectrometers 5.3.2. Refractometers 5.3.3. Titrators 5.3.4. Moisture Analyzers 5.3.5. Others 5.4. Y-o-Y Growth Trend Analysis By Device, 2017-2021 5.5. Absolute $ Opportunity Analysis By Device, 2022-2032 6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By End-use 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By End-use, 2017-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By End-use, 2022-2032 6.3.1. Agricultural Sector 6.3.2. Food Manufacturing Sector 6.3.3. Others 6.4. Y-o-Y Growth Trend Analysis By End-use, 2017-2021 6.5. Absolute $ Opportunity Analysis By End-use, 2022-2032 7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021 7.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032 7.3.1. North America 7.3.2. Latin America 7.3.3. Europe 7.3.4. Asia Pacific 7.3.5. MEA 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 8.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 8.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 8.2.1. By Country 8.2.1.1. U.S. 8.2.1.2. Canada 8.2.2. By Device 8.2.3. By End-use 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Device 8.3.3. By End-use 8.4. Key Takeaways 9. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Device 9.2.3. By End-use 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Device 9.3.3. By End-use 9.4. Key Takeaways 10. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. U.K. 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Europe 10.2.2. By Device 10.2.3. By End-use 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Device 10.3.3. By End-use 10.4. Key Takeaways 11. Asia Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. China 11.2.1.2. Japan 11.2.1.3. South Korea 11.2.1.4. Malaysia 11.2.1.5. Singapore 11.2.1.6. Australia 11.2.1.7. New Zealand 11.2.1.8. Rest of APAC 11.2.2. By Device 11.2.3. By End-use 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Device 11.3.3. By End-use 11.4. Key Takeaways 12. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. GCC Countries 12.2.1.2. South Africa 12.2.1.3. Israel 12.2.1.4. Rest of MEA 12.2.2. By Device 12.2.3. By End-use 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Device 12.3.3. By End-use 12.4. Key Takeaways 13. Key Countries Market Analysis 13.1. U.S. 13.1.1. Pricing Analysis 13.1.2. Market Share Analysis, 2021 13.1.2.1. By Device 13.1.2.2. By End-use 13.2. Canada 13.2.1. Pricing Analysis 13.2.2. Market Share Analysis, 2021 13.2.2.1. By Device 13.2.2.2. By End-use 13.3. Brazil 13.3.1. Pricing Analysis 13.3.2. Market Share Analysis, 2021 13.3.2.1. By Device 13.3.2.2. By End-use 13.4. Mexico 13.4.1. Pricing Analysis 13.4.2. Market Share Analysis, 2021 13.4.2.1. By Device 13.4.2.2. By End-use 13.5. Germany 13.5.1. Pricing Analysis 13.5.2. Market Share Analysis, 2021 13.5.2.1. By Device 13.5.2.2. By End-use 13.6. U.K. 13.6.1. Pricing Analysis 13.6.2. Market Share Analysis, 2021 13.6.2.1. By Device 13.6.2.2. By End-use 13.7. France 13.7.1. Pricing Analysis 13.7.2. Market Share Analysis, 2021 13.7.2.1. By Device 13.7.2.2. By End-use 13.8. Spain 13.8.1. Pricing Analysis 13.8.2. Market Share Analysis, 2021 13.8.2.1. By Device 13.8.2.2. By End-use 13.9. Italy 13.9.1. Pricing Analysis 13.9.2. Market Share Analysis, 2021 13.9.2.1. By Device 13.9.2.2. By End-use 13.10. China 13.10.1. Pricing Analysis 13.10.2. Market Share Analysis, 2021 13.10.2.1. By Device 13.10.2.2. By End-use 13.11. Japan 13.11.1. Pricing Analysis 13.11.2. Market Share Analysis, 2021 13.11.2.1. By Device 13.11.2.2. By End-use 13.12. South Korea 13.12.1. Pricing Analysis 13.12.2. Market Share Analysis, 2021 13.12.2.1. By Device 13.12.2.2. By End-use 13.13. Malaysia 13.13.1. Pricing Analysis 13.13.2. Market Share Analysis, 2021 13.13.2.1. By Device 13.13.2.2. By End-use 13.14. Singapore 13.14.1. Pricing Analysis 13.14.2. Market Share Analysis, 2021 13.14.2.1. By Device 13.14.2.2. By End-use 13.15. Australia 13.15.1. Pricing Analysis 13.15.2. Market Share Analysis, 2021 13.15.2.1. By Device 13.15.2.2. By End-use 13.16. New Zealand 13.16.1. Pricing Analysis 13.16.2. Market Share Analysis, 2021 13.16.2.1. By Device 13.16.2.2. By End-use 13.17. GCC Countries 13.17.1. Pricing Analysis 13.17.2. Market Share Analysis, 2021 13.17.2.1. By Device 13.17.2.2. By End-use 13.18. South Africa 13.18.1. Pricing Analysis 13.18.2. Market Share Analysis, 2021 13.18.2.1. By Device 13.18.2.2. By End-use 13.19. Israel 13.19.1. Pricing Analysis 13.19.2. Market Share Analysis, 2021 13.19.2.1. By Device 13.19.2.2. By End-use 14. Market Structure Analysis 14.1. Competition Dashboard 14.2. Competition Benchmarking 14.3. Market Share Analysis of Top Players 14.3.1. By Regional 14.3.2. By Device 14.3.3. By End-use 15. Competition Analysis 15.1. Competition Deep Dive 15.1.1. Labcompare 15.1.1.1. Overview 15.1.1.2. Product Portfolio 15.1.1.3. Profitability by Market Segments 15.1.1.4. Sales Footprint 15.1.1.5. Strategy Overview 15.1.1.5.1. Marketing Strategy 15.1.1.5.2. Product Strategy 15.1.1.5.3. Channel Strategy 15.1.2. LabX 15.1.2.1. Overview 15.1.2.2. Product Portfolio 15.1.2.3. Profitability by Market Segments 15.1.2.4. Sales Footprint 15.1.2.5. Strategy Overview 15.1.2.5.1. Marketing Strategy 15.1.2.5.2. Product Strategy 15.1.2.5.3. Channel Strategy 15.1.3. Presto Group 15.1.3.1. Overview 15.1.3.2. Product Portfolio 15.1.3.3. Profitability by Market Segments 15.1.3.4. Sales Footprint 15.1.3.5. Strategy Overview 15.1.3.5.1. Marketing Strategy 15.1.3.5.2. Product Strategy 15.1.3.5.3. Channel Strategy 15.1.4. Progen Scientific 15.1.4.1. Overview 15.1.4.2. Product Portfolio 15.1.4.3. Profitability by Market Segments 15.1.4.4. Sales Footprint 15.1.4.5. Strategy Overview 15.1.4.5.1. Marketing Strategy 15.1.4.5.2. Product Strategy 15.1.4.5.3. Channel Strategy 15.1.5. Thwing Albert 15.1.5.1. Overview 15.1.5.2. Product Portfolio 15.1.5.3. Profitability by Market Segments 15.1.5.4. Sales Footprint 15.1.5.5. Strategy Overview 15.1.5.5.1. Marketing Strategy 15.1.5.5.2. Product Strategy 15.1.5.5.3. Channel Strategy 15.1.6. Boekel Scientific 15.1.6.1. Overview 15.1.6.2. Product Portfolio 15.1.6.3. Profitability by Market Segments 15.1.6.4. Sales Footprint 15.1.6.5. Strategy Overview 15.1.6.5.1. Marketing Strategy 15.1.6.5.2. Product Strategy 15.1.6.5.3. Channel Strategy 15.1.7. Thermo Fisher Scientific 15.1.7.1. Overview 15.1.7.2. Product Portfolio 15.1.7.3. Profitability by Market Segments 15.1.7.4. Sales Footprint 15.1.7.5. Strategy Overview 15.1.7.5.1. Marketing Strategy 15.1.7.5.2. Product Strategy 15.1.7.5.3. Channel Strategy 15.1.8. Amaze Instruments 15.1.8.1. Overview 15.1.8.2. Product Portfolio 15.1.8.3. Profitability by Market Segments 15.1.8.4. Sales Footprint 15.1.8.5. Strategy Overview 15.1.8.5.1. Marketing Strategy 15.1.8.5.2. Product Strategy 15.1.8.5.3. Channel Strategy 16. Assumptions & Acronyms Used 17. Research Methodology
Explore Testing Equipment Insights
View Reports
Food Tester Market
