The Asia Pacific Food Safety Testing Market would witness market growth of 7.7% CAGR during the forecast period (2023-2030).
Food safety is a paramount concern, and ensuring the integrity of the food supply chain is a shared responsibility among producers, regulators, and consumers. As the complexity of the food industry grows, so does the need for robust and advanced food safety testing measures. The market is pivotal in safeguarding public health by identifying and mitigating potential hazards, contaminants, and pathogens in the food supply.
Additionally, the implementation of this has recently experienced a substantial surge, propelled by heightened consciousness regarding infectious illnesses, the expansion of the food industry, and rigorous regulatory obligations. With consumers demanding transparency and traceability in the origin of their food, regulatory bodies across the globe have tightened their standards, necessitating a comprehensive approach to food safety testing.
India has diverse dairy products, including milk, yogurt, cheese, ghee, and traditional dairy-based sweets. The expansion of dairy production has led to a broader array of products entering the market, necessitating comprehensive safety testing protocols to address the specific risks associated with each product. As per the data from India’s Ministry of Commerce and Industry, India's export of dairy products was 67,572.99 MT to the worth Rs. 2,269.85 Crores/ 284.65 USD million from 2022-23. Hence, the growing production of dairy products in the Asia Pacific will assist in the growth of the regional market.
The China market dominated the Asia Pacific Food Safety Testing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,378.7 million by 2030. The Japan market is experiencing a CAGR of 7% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 8.4% during (2023 - 2030).
Free Valuable Insights: The Global Food Safety Testing Market is Predict to reach $32.5 Billion by 2030, at a CAGR of 7.1%
Based on Food Tested, the market is segmented into Processed Food, Meat & Meat Product, Cereals, Grains & Pulses, Dairy & Dairy Product and Others. Based on Technology, the market is segmented into PCR-Based Assay, Immunoassay-Based, Agar Culturing and Others. Based on Type, the market is segmented into Pathogen, Genetically Modified Organism (GMO), Chemical & Toxin and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Food Tested
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