Malaysia Food Safety Testing Market, By Testing Type (Allergen Testing, Pathogens Testing, GMO Testing, Mycotoxins Testing, Nutritional Labelling, Heavy Metals Testing, Pesticides Testing, Organic Contaminants Testing, Chemical and Nutritional Testing, Microbiological Testing, Residues and Contamination Testing, and Others), Technology (Culture Media, Polymerase Chain Reaction, Immunoassay, Chromatography and Spectrometry, Biochip/Biosensor, Microarrays, Flow Cytometry, Rapid Assay, Convenience-Based and Others), Food Categories (Meat and Meat Products, Egg and Poultry Products, Fish and Seafood, Bakery Products, Cereals, Grains and Pulses, Tea and Coffee, Herbs and Spices, Beverages, Fruits and Vegetables, Milk and Dairy Products, Honey, Nuts and Dried Fruits, Convenience Foods, Baby Food, Animal Feed and Pet Food, Tobacco and Others) – Industry Trends and Forecast to 2031.
Malaysia Food Safety Testing Market Analysis and Size
The food safety testing market plays a crucial role in ensuring the quality and safety of food products. It is utilized by food manufacturers, regulatory bodies, and retailers to detect contaminants, pathogens, and allergens, ensuring compliance with safety standards. This helps prevent foodborne illnesses and safeguards public health.
Data Bridge Market Research analyses that the Malaysia food safety testing market, which was USD 65,259.99 thousand in 2023, is expected to reach USD 1,13,816.52 thousand by 2031, at a CAGR of 7.2% during the forecast period 2024 to 2031. 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.
Malaysia Food Safety Testing Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Years
|
2022 (Customizable to 2016-2021)
|
|
Quantitative Units
|
Revenue in USD Thousand, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Testing Type (Allergen Testing, Pathogens Testing, GMO Testing, Mycotoxins Testing, Nutritional Labelling, Heavy Metals Testing, Pesticides Testing, Organic Contaminants Testing, Chemical and Nutritional Testing, Microbiological Testing, Residues and Contamination Testing, and Others), Technology (Culture Media, Polymerase Chain Reaction, Immunoassay, Chromatography and Spectrometry, Biochip/Biosensor, Microarrays, Flow Cytometry, Rapid Assay, Convenience-Based and Others), Food Categories (Meat and Meat Products, Egg and Poultry Products, Fish and Seafood, Bakery Products, Cereals, Grains and Pulses, Tea and Coffee, Herbs and Spices, Beverages, Fruits and Vegetables, Milk and Dairy Products, Honey, Nuts and Dried Fruits, Convenience Foods, Baby Food, Animal Feed and Pet Food, Tobacco and Others)
|
|
Market Players Covered
|
SGS Société Générale de Surveillance SA. (Switzerland), ALS (Australia), Intertek Group plc (U.K.), TÜV SÜD (Germany), QIMA (Hong Kong), Bureau Veritas (France), Mérieux NutriSciences Corporation (U.S.), AsureQuality (New Zealand), Cotecna (Switzerland), Eurofins Scientific (Luxembourg), Shimadzu Corporation (Japan), Thermo Fisher Scientific Inc. (U.S.), PerkinElmer Inc. (U.S.), FOSS (Denmark), LexaGene Life Sciences, LLC. (U.S.), ROKA BIO SCIENCE (U.S.), TÜV NORD GROUP (Germany)
|
|
Market Opportunities
|
|
Market Definition
Food safety testing is a crucial process that ensures food products are free from contaminants and safe for consumption. It involves analyzing samples for pathogens, toxins, and other harmful substances. Rigorous testing helps identify potential hazards, protect public health, and uphold quality standards in the food industry.
Malaysia Food Safety Testing Market Dynamics
Drivers
- Increasing Consumer Awareness to Foodborne Risks
Consumer awareness of foodborne illnesses and contamination is driving demand for safer food products, compelling producers to prioritize investment in rigorous testing. With heightened concerns about health and safety, consumers are increasingly seeking assurances of product quality, prompting the food industry to enhance testing protocols to meet their expectations.
- Stringent Regulations for Public Safety
Stringent regulations and standards imposed by governing bodies compel food producers to conduct thorough safety testing. Compliance ensures adherence to legal requirements, mitigates risks of contamination, and safeguards public health. Failure to comply may result in penalties, including fines, product recalls, or legal actions, incentivizing rigorous testing practices.
Opportunities
- Globalization of Food Trade Require Reliable Testing
Expanding international food trade necessitates reliable testing to comply with import/export regulations and uphold consumer confidence. Rigorous testing ensures products meet safety standards across borders, mitigating risks of contamination and strengthening trust in the global food supply chain, vital for sustaining market growth and fostering economic development.
- Advamcement in Supply Chain Management
Advanced traceability systems and supply chain management solutions offer opportunities for integrated food safety testing services. These services ensure product safety and integrity at every stage of the supply chain, meeting regulatory requirements and consumer expectations for quality and transparency in the food industry.
Restraints/Challenges
- High Cost of Testing Services and Products
Cost constraints in food safety testing hamper the market by creating barriers to entry for smaller companies, limiting their ability to afford necessary equipment and expertise. This reduces competition, potentially leading to higher prices for testing services and products, and ultimately compromising overall food safety standards in the industry.
- Emerging Contaminants Leads to Adaptation of Testing Methods
The dynamic nature of emerging contaminants in food poses a challenge for the food safety testing market as it demands continuous innovation and adaptation. The demand for modernized testing methods raises research costs, introduces uncertainty, and affects market stability and competitiveness for both testing service providers and manufacturers in the industry.
This Malaysia food safety testing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Malaysia food safety testing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In July 2022, SGS inaugurated a new food analysis laboratory in Naucalpan, Mexico, aimed at supporting the local food industry. This facility will aid organizations in maintaining quality standards and complying with regulatory requirements, thereby enhancing food safety across the region
- In May 2022, Bureau Veritas launched its third U.S. microbiology laboratory in Reno, Nevada, focused on rapid pathogen testing and microbiology indicator analyses for the agri-food sector, amplifying its capabilities in ensuring food safety and quality
- In April 2022, Mérieux NutriSciences expanded its global footprint by acquiring Hortec Pty Ltd in South Africa and Laboratorios Bromatológicos Araba SA in Spain. These strategic acquisitions enable Mérieux NutriSciences to enter the South African pesticide market and enhance its presence in Spain, reinforcing its commitment to food safety and quality worldwide
- In July 2020, Bureau Veritas and The Ascott Limited signed a Malaysia agreement for hygiene and safety audits and certification across Ascott's global properties. This collaboration enhances Ascott's business by ensuring stringent hygiene standards, fostering trust among customers, and potentially generating increased revenue in the future
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Malaysia Food Safety Testing Market Scope
The Malaysia food safety testing market is segmented on the basis of testing type, technology and food categories. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Testing Type
- Allergen Testing
- Pathogens Testing
- GMO Testing
- Mycotoxins Testing
- Nutritional Labelling
- Heavy Metals Testing
- Pesticides Testing
- Organic Contaminants Testing
- Chemical and Nutritional Testing
- Microbiological Testing
- Residues and Contamination Testing
- Others
Technology
- Culture Media
- Polymerase Chain Reaction
- Immunoassay
- Chromatography and Spectrometry
- Biochip/Biosensor
- Microarrays
- Flow Cytometry
- Rapid Assay
- Convenience-Based
- Others
Food Categories
- Meat and Meat Products
- Egg and Poultry Products
- Fish and Seafood
- Bakery Products
- Cereals, Grains and Pulses
- Tea and Coffee
- Herbs and Spices
- Beverages
- Fruits and Vegetables
- Milk and Dairy Products
- Honey, Nuts and Dried Fruits
- Convenience Foods
- Baby Food
- Animal Feed and Pet Food
- Tobacco
- Others
Malaysia Food Safety Testing Market Regional Analysis/Insights
The Malaysia food safety testing market is analysed and market size insights and trends are provided by country, testing type, technology and food categories as referenced above.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Malaysia Food Safety Testing Market Share Analysis
The Malaysia food safety testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Malaysia food safety testing market.
Some of the major players operating in the Malaysia food safety testing market are:
- SGS Société Générale de Surveillance SA. (Switzerland)
- ALS (Australia)
- Intertek Group plc (U.K.)
- TÜV SÜD (Germany)
- QIMA (Hong Kong)
- Bureau Veritas (France)
- Mérieux NutriSciences Corporation (U.S.)
- AsureQuality (New Zealand)
- Cotecna (Switzerland)
- Eurofins Scientific (Luxembourg)
- Shimadzu Corporation (Japan)
- Thermo Fisher Scientific Inc. (U.S.)
- PerkinElmer Inc. (U.S.)
- FOSS (Denmark)
- LexaGene Life Sciences, LLC. (U.S.)
- ROKA BIO SCIENCE (U.S.)
- TÜV NORD GROUP (Germany)
SKU-