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Asia Pacific Food Safety Testing Kits Market
No. of Pages: 158 | Report Code: BMIRE00027856 | Category: Consumer Goods
No. of Pages: 158 | Report Code: BMIRE00027856 | Category: Consumer Goods
Innovations in Food Safety Testing Drives the Growth of Asia Pacific Food Safety Testing Kits Market
Regardless of the restraints posed by the complexity in techniques pertaining to food safety testing, food labs are increasingly developing new and improved testing methods that make the current methods of testing quicker and more affordable. The focus on drawbacks associated with several technologies, cost of testing, sample utilization, and reducing lead time has resulted in development of new technologies and technological innovation. Greater adoption of these technologies is an opportunity for small and medium-scale laboratories to compete with large market players in the industry and expand their service offerings. These technologies offer non-targeted screening with low turnaround time, multi-contaminant testing, better reliability, higher accuracy in results, and higher sensitivity. Technologies such as Polymerase chain reaction (PCR), inductively coupled plasma–mass spectroscopy (ICP-MS), Near-infrared spectroscopy (NIRS), and Nuclear magnetic resonance (NMR). The real time PCR tests give more reliable results since they are more sensitive and provide results within 5 to 12 hours. ICP-MS can produce high-quality data within a few minutes for elements with a wide range of atomic masses, usually helpful in detection of chemical residue or heavy metals in seafood. NIRS is a rapid testing technology that is used for quantitative determination of food constituents in most food items. NMR is spreading quickly in Asia-Pacific region, as the technique is used to examine textures without any physical incursion or marker compounds. The machinery required for NMR spectroscopy is expensive, however, the international players involved in food safety testing market are heavily investing in the technology to make it available in regions such as Asia-Pacific. Moreover, the ease in supply chain enables food manufacturers to get access to technology across the region by sending food samples to obtain accurate results. Thus, the innovations in food safety testing increases the new opportunity for Asia Pacific food safety testing kits market during the forecast period. Additionally, Foodborne diseases are preventable hence numerous organizations along with governments are leading coordinated action across multiple industries to build resilient and strong food safety systems. The involved parties are heavily investing to provide consumers with tools to make safe food choices. Thus, the emergence of foodborne illness drives the Asia Pacific food safety testing kits market growth during the forecast period.
Asia Pacific Food Safety Testing Kits Market Overview
Foodborne illnesses have become a major concern for health systems in the Asia-Pacific. The UN’s Food and Agriculture Organization (FAO) published data in 2019 that suggested that nearly 275 million people fall sick annually in the Asia-Pacific region due to foodborne illnesses. Food safety concerns also have a negative impact on the food trade. The report also suggested that unsafe water and food kill more people each year than measles, malaria, and AIDS combined worldwide, and the issue requires utmost attention by all countries, especially ones in Asia-Pacific as the region has had a poor record in preventing foodborne illnesses. Moreover, there are numerous cases in the region where illnesses and deaths associated with consuming unsafe food could have been prevented. While food security is a major health issue, it also results in damage to livelihoods, lost productivity, and hinders the achievement of the Sustainable Development Goal of Zero Hunger by 2030 set by the UN. The poor mishandling of food and hygiene is one of the main culprits in the region for contamination. Moreover, as the region is becoming a major hub of the food and beverages industry, witnessing aggressive growth for the Asia Pacific food safety testing kits market, food safety is expected to grow over the forecast period.
Strategic insights for the Asia Pacific Food Safety Testing Kits provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Asia Pacific Food Safety Testing Kits refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Asia Pacific Food Safety Testing Kits Strategic Insights
Asia Pacific Food Safety Testing Kits Report Scope
Report Attribute
Details
Market size in 2022
US$ 4,620.38 Million
Market Size by 2028
US$ 7,422.59 Million
Global CAGR (2022 - 2028)
8.2%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Contaminant
By Technology
By Food Type
Regions and Countries Covered
Asia-Pacific
Market leaders and key company profiles
Asia Pacific Food Safety Testing Kits Regional Insights
Asia Pacific Food Safety Testing Kits Market Segmentation
The Asia Pacific food safety testing kits market is segmented into contaminant, technology, food type, and country.
Based on contaminant, the Asia Pacific food safety testing kits market is segmented into pathogen, pesticides, toxins, GMOS, and others. The pathogen segment held the largest market share in 2022. By pathogen, market segmented into salmonella, E.coli, listeria, campylobacter, s. aureus, and others.
Based on technology, the Asia Pacific food safety testing kits market is bifurcated into traditional, and rapid. The rapid segment held the larger market share in 2022.By rapid, market segmented into PCR-based testing, immunoassay-based testing, LAMP, and others.
Based on food type, the Asia Pacific food safety testing kits market is segmented into meat, poultry, & seafood products, dairy products, cereals & grains, processed food, fruits & vegetables, and others. The meat, poultry, & seafood products segment dominated the market share in 2022.
Based on country, the Asia Pacific food safety testing kits market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. The China dominated the market share in 2022.
AES Laboratories Pvt. Ltd.; ALS Limited; AsureQuality; Bureau Veritas; Eurofins Scientific; Intertek Group Plc; NEOGEN Corporation; SGS SA; TÜV NORD GROUP ; and TÜV SÜD are the leading companies operating in the Asia Pacific food safety testing kits market.
The Asia Pacific Food Safety Testing Kits Market is valued at US$ 4,620.38 Million in 2022, it is projected to reach US$ 7,422.59 Million by 2028.
As per our report Asia Pacific Food Safety Testing Kits Market, the market size is valued at US$ 4,620.38 Million in 2022, projecting it to reach US$ 7,422.59 Million by 2028. This translates to a CAGR of approximately 8.2% during the forecast period.
The Asia Pacific Food Safety Testing Kits Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Food Safety Testing Kits Market report:
The Asia Pacific Food Safety Testing Kits Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Food Safety Testing Kits Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Food Safety Testing Kits Market value chain can benefit from the information contained in a comprehensive market report.