As per the food authenticity network, there was a 37%growth in the cases of food fraud when comparing with the initial half of 2020 to the same period in 2019. Food fraud is a major violation of food law which is done by deceiving consumers. Food fraud can be of many types such as adulteration, tampering and mislabeling, theft, and many other. Therefore increasing food fraud cases will need proper food authenticity testing, to ensure that the products are safer for the consumers which will enhance the market growth in the coming years.
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Data Bridge Market Research analyses that the Food Authenticity Testing Market is expected to reach USD 15.28 billion by 2029 from USD 7.50 billion in 2021, growing with a CAGR of 9.30% in the forecast period of 2022 to 2029. Rapidly increasing awareness among consumers about food safety will provide potential opportunities for the market growth in the forecast period.
Increasing government initiatives to promote food safety is expected to drive the market's growth rate
The government authorities have taken several initiatives to promote food safety which is expected to drive the growth of the food authenticity testing market. For instance, According to Study IQ in June 2019, the Union Ministry of Health has introduced several initiatives for food safety where states such as Maharashtra, Tamil Nadu, Chandigarh, Kerala, Goa, Gujrat and Madhya Pradesh will be measured on five parameters for food safety, such as Compliance, Food Testing- Infrastructure and Surveillance, Human Resources and Institutional Arrangements, Training and Capacity Building and Consumer Empowerment. As a result of these initiatives, the demand for the food authenticity testing increases which will likely to enhance the market growth.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (PCR (Polymerase Chain Reaction)-Based, Isotope Methods, Immunoassay-Based/ELISA (Enzyme-Linked Immunosorbent Assay), DNA Sequencing/Barcoding, Next-Generation Sequencing, NMR Technique/Molecular Spectrometry, Mass Spectrometry), Category (Organic, Protected Denomination of Origin (PDO), Protected Geographical Indication (PGI), Adulteration Tests, False Labelling, GMO Testing, Allergen Testing, Meat Speciation, Halal Verification, Kosher Verification, and Others), Application (Food and Beverages)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Market Players Covered
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SGS (Switzerland), Bureau Veritas (France), Eurofins (Luxembourg), Intertek (U.K.), Mérieux NutriSciences (U.S.), ALS Limited (Australia), Neogen (U.S.) AsureQuality (New Zealand), Charm Sciences (U.S.), Premier Analytical Services (U.K.), Dairyland Laboratories (U.S.), Bio-Check (U.K.), AES Laboratories (India), IEH Laboratories and Consulting Group (U.S.), Envirologix Inc. (U.S.), EMSL Analytical, Inc. (U.S.), and Krishgen Biosystems (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The food authenticity testing market is segmented on the basis of type, category and application.
- On the basis of type, the global food authenticity testing market is segmented into PCR (polymerase chain reaction)-based, isotope methods, immunoassay-based/ELISA (enzyme-linked immunosorbent assay), DNA sequencing/barcoding, next-generation sequencing, NMR technique/molecular spectrometry, and mass spectrometry. The mass spectrometry segment is expected to dominate the market with the market share of 25.28% because this method is extensively used in the market for numerous food testing.
- On the basis of category, the global food authenticity testing market is segmented into organic, protected denomination of origin (PDO), protected geographical indication (PGI), adulteration tests, false labeling, GMO testing, allergen testing, meat speciation, halal verification, kosher verification, and others.
The adulteration tests segment of category segment is anticipated to dominate the food authenticity testing market
The adulteration tests segment is expected to dominate the market with a market share of 22.04% because of increasing concern regarding adulterants for many food products such as herbs, milk and others.
- On the basis of application, the global food authenticity testing market is segmented food, oilseeds & pulses, nuts, and beverages.
The food segment of application segment is anticipated to dominate the food authenticity testing market.
The food segment is expected to dominate the market with the market share of 62.69% due to increased demand for food safety testing related to health hazards and food contamination and augmented cases of foodborne diseases.
Major Players
Data Bridge Market Research recognizes the following companies as the major food authenticity testing market players in food authenticity testing market KSM66 Food authenticity testing (U.S.), Bioprex Labs (India), Medikonda Nutrients (India), Aunutra (U.S.), Herbochem (India), HERBAL CREATIONS (India) Dabur (India), Patanjali Ayurved (India).
Market Development
- In 2019, Mérieux NutriSciences acquired Advanced Laboratory Testing which is offering premium microbiology and chemistry testing services to food sector in Ireland. Both these companies shared the same spirit and pursued the same goals to serve food products with the highest quality standards. Hence this acquisition has aided the company to enter in the Irish food safety market and strengthen its presence in Europe.
- In 2019, SGS SA started new food microbiological testing laboratory in California. This is a 2,400 sq. ft. facility which used a robust information technology platform. This offered a broad spectrum of food and agricultural testing services for almost every food category. This has aided the company to widen its portfolio in California.
Regional Analysis
Geographically, the countries covered in the food authenticity testing market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
As per Data Bridge Market Research analysis:
Europe is the dominant region in food authenticity testing market during the forecast period 2022 to 2029
Europe dominates the food authenticity testing market due to the presence of presence of highly-active food companies in this region. Furthermore, increasing numerous incidents of meat adulteration will further boost the growth of the food authenticity testing market.
Asia-Pacific is estimated to be the fastest-growing region in food authenticity testing market the forecast period 2022 to 2029
Asia-Pacific is expected to grow during the forecast period of 2022-2029 owing to the increasing awareness among consumers regarding the health safety in this region. Furthermore, growing demand for packaged food and increasing need for food safety measures are expected to propel the market's growth rate in this region.
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