Report ID: SQMIG20Q2012
Report ID:
SQMIG20Q2012 |
Region:
Global |
Published Date: July, 2024
Pages:
198
|
Tables:
96 |
Figures:
76
Food Safety Testing Market size was valued at USD 28.5 Billion in 2022 and is expected to grow from USD 30.69 Billion in 2023 to reach USD 55.53 Billion by 2031, at a CAGR of 7.5% during the forecast period (2024-2031).
Technological advances in tasting methods, increasing consumer awareness and global trade in foods are driving the growth of the market. Several dynamic factors have shaped the food safety testing market, including regulatory framework, technological advancements and market demand. The interaction of these factors determines the growth trajectory and innovation in the business. Key market trends include implementation of stringent food safety regulations, advances in technological research, increasing incidence of foodborne diseases, and globalization of food supply chain. These trends together influence the market players’ strategies and other analytical strategies.
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Report ID: SQMIG20Q2012