Food Safety Testing Systems and Services Market Changing Strategies to Provide Competitive Edge
The food and beverage industry was highly unregulated in the early days of the industrial revolution, which led to many unfavorable incidents, such as product recalls and foodborne illnesses. The statutory authorities and governing bodies across regions were pressured to introduce safety standards and regulations to avoid unforeseen circumstances by the end user. The high number of cases related to foodborne illnesses leading to deaths raised a global concern regarding genetically modified foods, chemical residues, and other similar issues in foods, thus having a major impact on the food processing industry in various countries.
Food safety testing is becoming common and fast with each passing day. Food poisoning outbreaks and stringent regulations are supporting the growth of the food safety testing market, globally. The technologies that are being widely used for the testing system include polymerase chain reaction (PCR) based technique, immunoassay, enzyme-linked immunosorbent assay (ELISA), rapid culture detection, biosensors, and others. New tests, such as gluten sensitivities, intolerance, food fraud, rapid pathogen detection, pesticides, and antibiotics, are being introduced.
These technologies are witnessing an increase in the usage by the food manufacturers and the laboratories because of their fast detection feature, which in turn lowers the chances of food recalls leading to the long shelf life of the products. Globalization in the food industry is a major challenge for the food safety testing market. Different regional regulations and oversight between countries could result in supply chain uncertainties and will also affect the food safety testing industry. As food safety testing becomes more accurate, new technologies might detect contamination that older systems may have missed. But if manufacturers continue employing these testing technologies and fixing the safety issues, they detect along the food supply chains, recall instances could decline over time.
The food safety testing practice has increased considerably over the past few years because of the growing incidences of foodborne illnesses and poisoning caused by contaminated food products. Companies engaged in the manufacturing and distribution of food products are mandated by the respective regional and international regulatory agencies to implement food safety testing and certification.
The global market is witnessing an increasing change in the types of systems and services offered, along with a high level of consolidation of players in the regional market. The market is dominated by large corporations that have the wherewithal for expensive systems and technologically advances services that offer accurate and efficient results for food safety. The growth in the global market is attributable to the increasing demand for innovative and efficient systems and services for accurate detection of contaminants. This growth can also be attributed to the rising outbreak of foodborne illness, advancements in the usage of the latest technology for food safety testing, stringent regulations, and globalization of food supply.
High growth in the market is driven by the rising awareness among the consumers about the usage of safe food products along with the need to protect the environment. Further, the rising concerns over global food security and sustainability have led to extensive investments by the various governments across the globe. The key players in the global food safety testing market are expanding their product and service offerings by working upon different patterns of testing, enhancing their products to provide better tests.
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The key players operating in this market have ramped up their mergers and acquisitions over the recent years in order to generate public awareness about their existing and new products and technologies and to compete with the competitors’ product portfolio. This has been the most widely adopted strategy by the players in this market. For instance, in September 2019, 3M Food Safety and Hamilton have partnered to offer food testing laboratories interoperability between the Hamilton foodInspect Nimbus automated multi-channel pipetting technology and the award-winning 3M Molecular Detection System.
Moreover, extensive R&D activities and appropriate regulatory environments are also a prerequisite for the sustained growth of this market. Various government and private research institutes, and favorable trade policies are putting in substantial efforts to identify the benefits of these food safety testing services for augmenting global food production.