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Global Food Diagnostic Market- By Type (Systems, Consumables), By Systems (Hybridization-based, Chromatography-based, Spectrometry-based, Immunoassay-based, Biosensors, Testing kits, Others), By Consumables (Reagents, Test accessories, Disinfectants, Others), By Type of Test (Safety, control), and By Region (North America, Europe, Asia Pacific, South America, and Middle East, & Africa)- Global forecast from 2020-2027.
Description
Global Food Diagnostic Market Overview:
The global food diagnostic market is estimated to reach USD 27.6 billion in 2030, with a CAGR growth of 7.1% during the forecast period from 2022-2030 and it was valued at USD 14.9 billion in 2022. The food diagnostic market refers to the testing of food, which requires different sampling equipment to check whether the consumables bacteria contaminate them. Food diagnostics identify the pathogens that can cause chronic health diseases.Global Food Diagnostic Market Insights
The driving force behind this market’s growth is the increased incidence of foodborne diseases, the globalization of the food trade, and the increased demand for efficient, reliable, and real-time food testing. Food safety problems are emerging one after another, and food diagnosis has ushered in rapid development. In recent years, food safety has become the focus of national and social concern, and the demands of manufacturers and consumers for food safety have increased significantly. It is mainly owed to the increasing number of foodborne disease cases caused by the outbreak of food contamination incidents, and the growing demand from consumers for better quality and safer food has led to the continuous expansion of the food diagnostic market. Additionally, the growth of the food safety testing market has been affected by the rise in traded foods and the increasing seriousness of illegal activities such as food scandals, counterfeiting, and adulteration. As food crosses borders, it is often difficult for regulatory authorities to trace adulterated ingredients and protect the supply chain. Food ingredients most at risk of contamination include milk, olive oil, honey, fish, coffee, juice, tea, and spices such as saffron and black pepper. Moreover, food pollution will significantly impact consumers’ health, and food safety problems are more serious, making food pathogen testing more and more needed. Therefore, the food safety diagnostic market has significant growth potential in the next few years. Furthermore, due to trade and domestic demand, the demand for meat and poultry is expected to grow significantly in the next few years. Meat and poultry products often expose various disadvantages, such as deterioration. Therefore, the safety testing of meat and poultry products is expected to grow significantly in the forecast period. Growth Driver Mergers and Integration of Private Enterprises With the gradual market opening, the reform of state-owned institutions accelerates, and the merger and integration of private enterprises are expected to develop rapidly. The company’s existing food testing laboratory can provide customers with nutrition labels, genetic testing, food additives, heavy metal and trace element microorganisms, food packaging materials, isotopes, and healthy food raw materials, and helps create consumer awareness. Technology Advancement The rapid, sensitive, and accurate characteristics of instrument analysis are more evident in a new era of computer technology development and introduction. The combination of multiple technologies makes instrument analysis more widely used, actively promoting the growth of the food diagnostic market and making food analysis positive. By Type Segmental Analysis The global food diagnostic market segments into Systems and consumables based on the type. The Consumable part dominates the largest segment in the global food diagnostic market. It is mainly due to the consumable, which is used to test food diagnostic equipment. Polymerase chain reaction (PCR) equipment tests consumables to check microbial analysis and pathogen testing. Therefore, consumables contribute to the largest share of the global food diagnostic market. By System Segment Analysis Based on the systems, the global food diagnostic market is bifurcated into hybridization-based, chromatography-based, spectrometry-based, immunoassay-based, biosensors, testing kits, and others. The hybridization-based segment dominates the market share for the global food diagnostics market. Polymerase chain reaction (PCR) and microarray systems have become powerful tools for food analysis due to their high analytical accuracy, user-friendly procedures, and accurate output of food diagnostics. Also, hybridization-based systems are the preferred diagnostic for detecting and quantifying foodborne pathogens. The system can also identify mutations in food pathogens that cause chronic infections. Therefore, the hybrid-based system helps detect food contaminants and further promotes the growth of the food diagnostic market. By Consumables Segmental Analysis Based on the consumables, the global food diagnostic is classified into Reagents, Test accessories, Disinfectants, and Others. The reagents segment will capture the largest share of the global food diagnostic market. Diagnostic reagents such as qPCR are reliable and provide performance to deliver sensitive and accurate results while testing food samples. It is easy to use, cost-effective, and provides excellent quality. Therefore, reagents are used to detect contamination in food to maintain its quality and safety. By Type of Test Segmental Analysis Based on the type of test, the global food diagnostic market bifurcated into safety and control. The safety type of test segment accounts for the highest global food diagnostic market share. It is mainly owing to the emerging public health concern and food toxicity due to increasing food adulteration. Thus, it raises concern for the food sector, and food contamination can lead to food illness, which can cause severe health problems. Thus, safety types of tests are significant for testing for the global food diagnostic market. By Region Segmental Analysis The global food diagnosis is segmented based on geography into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Europe is the world’s fastest-growing food diagnostic market, accounting for the largest global market share. It is mainly due to maintaining food standards, protecting consumer health, and ensuring the quality of the food supply chain. This, in turn, further promotes the growth of the European food diagnostic market. Competitor Analysis Companies such as Actiw Oy, GEBHARDT Fördertechnik GmbH, HAVER & BOECKER OHG, ATLS Ltd, Joloda International Ltd., C&D Skilled Robotics, Inc., and VDL Systems B.V. among others, are key players in the global food diagnostic market. Key Stakeholders- Market research and consulting firms
- Industry associations
- Global food diagnostic manufacturing companies
- Research organizations and consulting companies’ food diagnostic
- Regulatory bodies
Recent Developments
- In 2020, the company obtained a German firm named Qiagen, a global supplier of molecular diagnostic technological tools. This purchase will assign the company’s manufacturing plant, promoting the company to produce food testing kits.
- In 2019, the company established a 3M molecule detection technology that will deliver power to its technological base and allow it to cater to many screening processes of food grading in labs.
The objective of the Research
- Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
- Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
- Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
- Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
- The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.
Market Modelling
By Type- Systems
- Consumables
- Hybridization-based
- Chromatography-based
- Spectrometry-based
- Immunoassay-based
- Biosensors
- Testing kits
- Others
- Reagents
- Test accessories
- Disinfectants
- Others
- Safety
- control
- Europe
- North America
- Asia Pacific
- South America
- Middle East & Africa
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Table Of Contents
Global Food Diagnostics Market
Report Content
- Research Strategic Development
- Market Modelling
- Product Analysis
- Market Trend and Economic Factors Analysis
- Market Segmental Analysis
- Geographical Mapping
- Country Wise Segregation
- Research Methodology
- Identification of Target Market
- Data Acquisition
- Refining of Data/ Data Transformations
- Data Validation through Primary Techniques
- Exploratory Data Analysis
- Graphical Techniques/Analysis
- Quantitative Techniques/Analysis
- Visual Result/Presentation
- Executive Summary
- Market Insights
- Economic Factor Analysis
- Drivers
- Trends
- Opportunities
- Challenges
- Competitors & Product Analysis
- Regulatory Framework
- Company market share analysis, 2019
- Porter’s Five forces analysis
- New Investment Analysis
- PESTEL Analysis
- Economic Factor Analysis
- Global Food Diagnostics Market Overview
- Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Market Share & Forecast, 2016-2027
- By Type
- Systems
- Consumables
- By Systems
- Hybridization-based
- Chromatography-based
- Spectrometry-based
- Immunoassay-based
- Biosensors
- Testing kits
- Others
- By Consumables
- Reagents
- Test accessories
- Disinfectants
- Others
- By Type of Test
- Safety
- control
- By Region
- Europe
- North America
- Asia Pacific
- South America
- Middle East & Africa
- By Type
- Demand
- Market Size & Forecast, 2016-2027
- Europe Food Diagnostics Market Overview
- Europe Food Diagnostics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Europe Food Diagnostics Market Share & Forecast, 2016-2027
- By Type
- Systems
- Consumables
- By Systems
- Hybridization-based
- Chromatography-based
- Spectrometry-based
- Immunoassay-based
- Biosensors
- Testing kits
- Others
- By Consumables
- Reagents
- Test accessories
- Disinfectants
- Others
- By Type of Test
- Safety
- control
- By Country
- Germany
- UK
- France
- Italy
- Rest of Europe
- Company Market Share (Top 3-5)
- Economic Impact Study on Europe Food Diagnostics Market
- By Type
- Demand
- Europe Food Diagnostics Market Size & Forecast, 2016-2027
- North America Food Diagnostics Market Overview
- North America Food Diagnostics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- North America Food Diagnostics Market Share & Forecast, 2016-2027
- By Type
- Systems
- Consumables
- By Systems
- Hybridization-based
- Chromatography-based
- Spectrometry-based
- Immunoassay-based
- Biosensors
- Testing kits
- Others
- By Consumables
- Reagents
- Test accessories
- Disinfectants
- Others
- By Type of Test
- Safety
- control
- By Country
- US
- Canada
- Mexico
- Company Market Share (Top 3-5)
- Economic Impact Study on North America Food Diagnostics Market
- By Type
- Demand
- North America Food Diagnostics Market Size & Forecast, 2016-2027
- Asia Pacific Food Diagnostics Market Overview
- Asia Pacific Food Diagnostics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Asia Pacific Food Diagnostics Market Share & Forecast, 2016-2027
- By Type
- Systems
- Consumables
- By Systems
- Hybridization-based
- Chromatography-based
- Spectrometry-based
- Immunoassay-based
- Biosensors
- Testing kits
- Others
- By Consumables
- Reagents
- Test accessories
- Disinfectants
- Others
- By Type of Test
- Safety
- control
- By Country
- China
- India
- Japan
- Australia
- Rest of Asia Pacific
- Company Market Share (Top 3-5)
- Economic Food Diagnostics Market Overview
- By Type
- South America Food Diagnostics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- South America Food Diagnostics Market Share & Forecast, 2016-2027
- By Type
- Systems
- Consumables
- By Systems
- Hybridization-based
- Chromatography-based
- Spectrometry-based
- Immunoassay-based
- Biosensors
- Testing kits
- Others
- By Consumables
- Reagents
- Test accessories
- Disinfectants
- Others
- By Type of Test
- Safety
- control
- By Country
- Brazil
- Argentina
- Rest of South America
- Company Market Share (Top 3-5)
- Economic Impact Study on South America Food Diagnostics Market
- By Type
- Demand
- Demand
- Asia Pacific Food Diagnostics Market Size & Forecast, 2016-2027
- Middle East & Africa Food Diagnostics Market Overview
- Middle East & Africa Food Diagnostics Market Size & Forecast, 2016-2027
- Demand
- By Value (USD Million)
- Middle East & Africa Food Diagnostics Market Share & Forecast, 2016-2027
- By Type
- Systems
- Consumables
- By Systems
- Hybridization-based
- Chromatography-based
- Spectrometry-based
- Immunoassay-based
- Biosensors
- Testing kits
- Others
- By Consumables
- Reagents
- Test accessories
- Disinfectants
- Others
- By Type of Test
- Safety
- control
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- Company Market Share (Top 3-5)
- Economic Impact Study on Middle East & Africa Food Diagnostics Market
- By Type
- Demand
- Middle East & Africa Food Diagnostics Market Size & Forecast, 2016-2027
- Competitor Analysis
- Company Description
- Financial Analysis
- Key Products
- Key Management Personnel
- Contact Address
- SWOT Analysis
- Company Profile
- 3M Company
- Merck KGaA
- Thermo Fisher Scientific Inc.
- bioMérieux SA
- Danaher Corporation
- Bio-Rad Laboratories, Inc.
- Neogen Corporation
- Biorex Food Diagnostics
- Randox Food Diagnostics
- FOSS
- Hygiena, LLC
- Agilent Technologies Inc.
- Qiagen
- EnviroLogix Inc.
- GEN-IAL
- Other players
Methodology
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Frequently Asked Questions (FAQ)
The global food diagnostic market was valued at USD 14.9 billion in 2022, and it is expected to reach USD 27.6 billion in 2030, with a CAGR growth of 7.1% during the forecast period from 2022-2030.
The growth factors in the global food diagnostics market are the increased incidence of foodborne diseases, the globalization of the food trade, and the demand for efficient, reliable, and real-time food testing.
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Europe is the world’s fastest-growing food diagnostic market, accounting for the largest global market share.
Companies such as Actiw Oy, GEBHARDT Fördertechnik GmbH, HAVER & BOECKER OHG, ATLS Ltd, Joloda International Ltd., C&D Skilled Robotics, Inc., and VDL Systems B.V. among others, are key players in the global food diagnostic market.
