Food Diagnostics Market, By Type (Pathogens Testing, Allergens Testing, Toxins/Contaminants Testing, Residues Testing, and Others), By Sample Type (Meat, Poultry, and Seafood, Dairy Products, Fruits and Vegetables, Processed Foods, and Beverages), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Aug 2024

Code : CMI7247

Pages :135

Formats :

Excel and PDF

Industry : Food and Beverages

Market Concentration and Competitive Landscape

Food Diagnostics Market Concentration By Players

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Growing outbreaks of foodborne illnesses

Rise in international food trade and long complex supply chains have increased risk of cross-contamination and spread of pathogens globally. Fast evolving microbial threats and antimicrobial resistance also pose challenges. Although more outbreaks get reported due to better surveillance, increasing instances indicate food safety still requires a lot of progress. Every year, globally close to 600 million people - almost one in 10 - fall ill after consuming contaminated food. Of these, around 420,000 people die, majority being children under the age of five. Developing nations report a bigger share of burden but even developed country consumers are not spared.

A few high-profile incidents have dented consumer trust in recent times. Other notable outbreaks were linked to salmonella in papayas, chicken and eggs in different parts of world. Handling of fresh produce from farm to retail continues to pose challenges given the propensity of pathogens to survive and spread. Mitigation requires strategies around on-farm hygiene, pest/wildlife control, water quality, packing/processing hygiene and timely recalls.

With rising awareness, consumers are increasingly demanding assurance on safety of foods they consume. They closely follow new outbreak reports and expect companies and regulators to act decisively through testing, traceability and recalls. Whereas developed world sees lower tolerance for risk today due to widespread availability of food options; developing countries need to strengthen basic food safety infrastructure to reduce illness burden. Therefore, governments and food businesses recognize ongoing need to bolster surveillance systems and adopt modern preventive controls through technologies like diagnostics testing. This is driving continued growth for food diagnostics industry.

Key Players Insights