Europe Food Safety Testing Market is expected to grow with the CAGR of 7.5% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.
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Europe food safety testing market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in global food safety testing market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, In December 2019, Bureau Veritas has acquired the Kuhlmann Monitoramento Agrícola Ltda. (KMA) which is a Brazilian company specialized in monitoring and auditing services for the agri-food sector. This helped the company to expand its Agri-Food Business in Brazil.
Bureau Veritas is dominating player in the food safety testing market. The other players covered in the report are SGS SA, Eurofins Scientific, TÜV SÜD, ALS Limited, Intertek Group plc, TÜV NORD GROUP, QIMA, NEOGEN Corporation, NSF International., ifp Institut für Produktqualität GmbH, SCIEX, FoodChain ID Group Inc., Thermo Fisher Scientific Inc., Cotecna Inspection SA, and Mérieux NutriSciences, among others.
Bureau Veritas
Bureau Veritas is headquartered Puteaux, France was founded in 1828. The company focuses to reduce the clients’ risks, improve their performance and help them innovate to meet the challenges of quality, health & safety, environmental protection and social responsibility. Some of the service category include Automotive & Transport, Buildings & Infrastructure, Chemicals, Commodities & Agriculture, Consumer Products & Retail, Food, Marine & Offshore, Oil & Gas, Power & Utilities, Cross-market Services out of which Food is the market focused category.
- In December 2019, Bureau Veritas has acquired the Kuhlmann Monitoramento Agrícola Ltda. (KMA) which is a Brazilian company specialized in monitoring and auditing services for the agri-food sector. This helped the company to expand its Agri-Food Business in Brazil.
The company has wide global presence across Americas, Europe, Asia-Pacific, Middle East & Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Bureau Veritas Services (France), Bureau Veritas Services France (France), Bureau Veritas Exploitation(France), Bureau Veritas Construction (France), Bureau Veritas GSIT (France), among others.
TÜV NORD GROUP
TÜV NORD GROUP is headquartered in Hannover, Germany and was founded in 1869. The company offers a comprehensive & diverse range of technical services to the large clientele of several thousand customers that includes leading corporate houses, public sector organizations and medium and small scale enterprises. Some of the service category include Railway Technology, Construction Services (Infrastructure & Buildings), Product Testing Services, Petroleum, Chemical and Gas Inspection and Testing Services, ZED Assessment, RMC / RMC 9000+ Capability Certification, Certification - Management Systems, Food Safety, Second Party Audits, Sustainability | Energy | Water | Carbon, Laboratory Services, Information Technology, Automotive Industry, Product Certification (CE, ATEX, SIL, Risk Assessment), TUV India Training Academy, European Approval, Third Party Inspection, Project Management Services, Indian Boiler Regulations (IBR) Inspection, ASME AIA Services, Renewable Energy, Social Accountability out of which Laboratory Services is the market focused category.
- In January 2019, The TÜV NORD GROUP has expanded its food testing laboratory in Bangalore, which is towards one more step to equip the food testing team with the best facility. The increased capacity will be able to serve the customer in a better turnaround time.
The company has presence across the globe in Europe, Asia-Pacific, Africa, and America.
Eurofins Scientific
Eurofins Scientific is headquartered in Luxembourg, Europe and was founded in year 1987. The company focuses to contribute to a safer and healthier world by providing the customers with innovative and high quality laboratory, research and advisory services whilst creating opportunities for the employees and generating sustainable shareholder value. Some of the service category include Food Testing Services, Industries, Food Testing Flyers, Food Testing Laboratories out of which Food Testing Services is the market focused category.
- In December 2020, Eurofins Scientific launched the SENSI Strip Allergen product range to detect food allergens in packaged food products. This new product launch helped the company in enhancing its product portfolio
The company has wide global presence across the world as Americas, Middle East & Africa, Asia- Pacific, Europe. In addition to it, the company also generates its revenue from the various subsidiary companies such as Eurofins Product Service GmbH (Germany), Eurofins Genomics BV (The Netherlands), Eurofins Pharma Services France Lux Holding SARL (Luxembourg), Eurofins GSC Finance NV (Belgium), and Eurofins Food Chemistry Testing France Lux Holding SARL (Luxembourg).
