Report Highlights
The U.S. market for food-safety testing was valued at $3.3 billion in 2011 and is projected to increase slightly in 2012. In 2017, the market should reach nearly $4.4 billion after increasing at a five-year compound annual growth rate (CAGR) of 5.6%.
Report Scope
Global Markets and Technologies for Food Safety Testing organizes information from diverse sources and market segments into a cohesive unit that includes summary, overview, technologies, contaminants tested, foods tested, industry structure, international aspects, patent activity, and company market shares, annual revenues, and profiles. Market measurements/estimates and forecasts are provided for the U.S. markets, and key market dynamics of other major global markets are discussed and their possible effects analyzed. The summary encapsulates the market conclusions and includes a table summarizing the overall U.S. market. The overview provides general information on contaminants and their sources and effects, testing technologies, foods tested, testing sites, and regulatory influences. The following four technology sections detail current and projected (2012 to 2017) market values for contaminants tested, testing technologies, foods tested, and products tested. The industry structure and competitive aspects section discusses the domestic market environment, strategies, and driving forces, while the international aspects section provides general information on the global market. The patent activity section examines 253 patents issued from 2008 through May 2012 and breaks them down into various categories. The company market shares and profiles provide summaries of the leading industry participants and give their estimated annual revenues and market shares. Norovirus microbial contamination costs are excluded from this report because a) noroviruses are instances of contamination due to hygiene right at point of preparation (i.e., fecal-oral is usual route); b) current detection methods are not in routine use but rather used in laboratory studies or medical evaluations/testing.
Analyst Credentials
The author of this report, Project Analyst Kevin Gainer, holds B.A. and M.A. degrees in quantitative economic analysis and technology forecasting and has more than 25 years of economic, industry intelligence, and market research experience. He is the author of six published books and dozens of technical papers, analyses, and studies published in conference proceedings, including many unpublished proprietary analyses within corporations. He has worked as a Research Editor and Project Analyst at BCC Research since 1985, and has authored numerous BCC technology market research reports and periodicals.
Report Highlights
-
The total U.S. food safety testing market is valued at $3.4 billion in 2010 and is projected to increase at a 6.6% compound annual growth rate (CAGR) over the next 5 years. The total sector market value should climb to $4.7 billion in 2015.
-
The need to preserve foreign markets has testing for genetically modified organisms (GMOs) on the upswing and should propel a compound annual growth rate (CAGR) in that market at a projected 4.7% through 2015 when the market value should be $126 million, up from $100 million for 2010.
-
At present, the sheer number of bacteria, and the amount of routine testing conducted, give pathogens the lion’s share ($3 billion) of the $3.4 billion U.S. food-safety testing market value for 2010. This sector will increase at a 6.7% compound annual growth rate (CAGR) to reach $4.2 billion in 2015.
Report Highlights
-
The U.S. food safety testing market value increased from $2.0 billion in 2006 to an estimated $2.1 billion in 2007. it should reach $2.8 billion by 2012, a compound annual growth rate (CAGR) of 5.8%.
-
The growth rate reflects demand for pathogen testing, where implementation of standard hygiene practices and a stringent regulatory environment has slowed the incidence of microbial infections.
-
The potency of toxins should propel testing for contaminants from a $78 million market in 2007 to a $135 million market in 2012, a CAGR of 11.6%.
Report Highlights
-
The U.S. market for food safety testing was valued at $276.7 million in 2004 (31.339 million tests) and should increase to $415.6 million in 2009 (40.309 million tests), rising at an average annual growth rate (AAGR) of 8.5%.
-
The largest share of sales will be for tests to detect pathogens ($171.4 million in 2004 and $259.6 million in 2009), because of the threat they pose to consumer health and safety
-
Tests for pesticide residues represent a significantly smaller market, but will see a similar growth rate.
-
The desire to preserve foreign markets and for food processors to protect themselves at every stage is propelling the 13.7% AAGR for testing for GMOs. Sales of $29.9 million should climb to $56.7 million in 2009.
-
For other contaminants, testing is expected to continue at a sustained pace (5.1%) through 2009.
Report Highlights
-
Sales in the U.S. of food testing products will increase from $149.5 million in 2000 to $239.4 million in 2005 at an AAGR (average annual growth rate) of 9.9%.
-
The total number of tests for pathogens and pesticides performed in 2000 will be 27.53 million, rising to 34.15 million in 2005.
-
The larger share (82%) will be for tests to detect pathogens. These will rise at an AAGR of 9.4% to $192.5 million in 2005.
-
Sales of pesticide-residue tests will increase at an AAGR of 7.7% from $8.9 million in 2000 to $12.9 million in 2005.
-
The GM testing market, worth $18 million in 2000, is expected to have the fastest growth of 13.6% per year on average.
Related Reports
Global Markets for Animal Therapeutics and Diagnostics
The total market for animal therapeutics and diagnostics was $30 billion in 2011, up from $25 billion in 2008. By 2016, this market is likely to exceed $42 billion, with a five-year compound annual growth rate (CAGR) of 7.2% from 2011 through 2016.
Global Markets for Sterilization Technologies
Global sales of sterilization capital equipment and filtration consumables were $3.3 billion in 2010 and $3.8 billion in 2011. This market is expected to grow to nearly $5.3 billion by 2016, a compound annual growth rate (CAGR) of 7%.
The Global Compound Feed Market: Technology Developments and Market Changes
The global market value of feed additives products was $16.1 billion in 2010 and is expected to grow to $27.6 billion in 2017 at an estimated compound annual growth rate (CAGR) of 8.1% from 2010 to 2017.
Plastics for Barrier Packaging
The U.S. barrier packaging market totaled 8.1 billion lbs in 2011 and should grow at a compound annual growth rate (CAGR) of 1.5% over the next five years reaching 8.7 billion lbs in 2016.
Recent Reports
Compound Feeds and Additives: Global Markets
The global compound feed and additives market was valued at $508.1 billion in 2023. The market is estimated to grow from $526.6 billion in 2024 to $636.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2029.
Plant-based Meat: Global Markets
The global market for plant-based meat is expected to grow from $8.8 billion in 2023 to $17.1 billion by the end of 2028, at a compound annual growth rate (CAGR) of 14.1% from 2023 through 2028.
Global e-cigarette Market
The report provides an overview of the global e-cigarette markets and analyzes market trends. Using 2022 as the base year, the report estimates market data for 2023 to 2028. The report covers the characteristics of the market, the leading e-cigarettes companies, various trends in end-user preferences and a range of geographic market opportunities.
Air Fryer Products and Technologies: Global Markets
The global market for air fryer products and technologies is expected to grow from $916.5 million in 2023 to $1.34 billion by the end of 2028, at a compound annual growth rate (CAGR) of 7.9% during the forecast period of 2023-2028.
Bubble Food & Beverages: Global Market
This study provides an overview of the current and future global market for bubble food & beverage. This report will provide information on the different types of companies, manufacturers, and other market participants involved in the bubble food & beverage market. It will describe current trends, product type, source type and channel type related to bubble food & beverage, along with a five-year forecast.
Top Trending Reports
Cell Therapy Biomanufacturing: Global Markets
The global market for cell therapy biomanufacturing is expected to grow from $9.7 billion in 2024 and is projected to reach $16.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.5% during the forecast period of 2024 to 2029.
Electric Vehicles and Fuel Cell Vehicles: Global Markets
The global market for electric vehicles and fuel cell vehicles was valued at $655.9 billion in 2023. The market is expected to grow from $758.0 billion in 2024 to $1.8 trillion by 2029, at a compound annual growth rate (CAGR) of 18.6% from 2024 to 2029.
Artificial Intelligence (AI) in Life Sciences Market
The global market for artificial intelligence (AI) in life sciences products was valued at $8.0 billion in 2023. The market is estimated to grow from $9.8 billion in 2024 to $33.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.9% from 2024 to 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Plastics Recycling: Global Markets
The global market for plastic recycling is expected to grow from $42.4 billion in 2024 to $57.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More