Global Food Safety Solutions Market – Industry Trends and Forecast to 2030

The Food Safety Solutions market is experiencing robust expansion, with market size projected to increase from XX billion in 2024 to xx billion by 2030, demonstrating a consistent year-over-year growth rate of 7.82%. Food Safety Solutions Market Size, Share, Competitive Landscape and Trend Analysis Report, , And regions (North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa)) : Industry Forecast and Opportunity Analysis for 2024 - 2030

The food safety solutions market sector is based on technologies and services that guarantee the safety and quality of food products. It consists of the development and implementation of food safety management systems, their testing and analysis services, and their hygiene products, including, but not limited to, sanitary and disinfecting agents and devices. Several factors are anticipated to drive the growth of the market, including the increasing awareness amongst consumers concerning food safety levels, the increasingly stringent government policies, and the need to safeguard public health. With the expansion and complication of the food industry, effective food safety solutions will also be in higher demand.

Food Safety Solutions Report Highlights

Report Metrics	Details
Forecast period	2019-2030
Base Year Of Estimation	2023
Growth Rate	CAGR of 7.82%
Forecast Value (2030)	USD 36.01 billion
Key Market Players	ALS Limited (Australia) AsureQuality Ltd (New Zealand) Bio-Rad Laboratories, Inc. (U.S.) Bureau Veritas (France) Deibel Laboratories (U.S.) Eurofins Scientific SE (Luxembourg) Intertek Group PLC Solutions (U.K.) Mérieux NutriSciences (U.S.) SGS S.A. (Switzerland) Thermo Fisher Scientific Inc. (U.S.)
By Region	North America(United States.Canada.Mexico) South America(Brazil.Argentina.Chile.Rest of South America) Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe) Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific) MEA(Middle East.Africa)

Food Safety Solutions Market Trends

There is a recent shift in the food safety solutions market towards the embracement of more sophisticated techniques like IoT and blockchain in enhancing the food management systems in terms of their traceability, monitoring, and even compliance during processing and distribution of food. Systems and devices connected to the internet, such as smart temperature and humidity sensors, are being employed to monitor the temperature, humidity, and other contamination concerns as food products remain in transit to ensure proper conditions have been maintained within the supply chain. People are also adopting this technology because it allows users to document the history of the product, including food movements, and to allow other parties—consumers and stakeholders—to trace back the product’s origin and its handlers. Additionally, the organic and natural food safety solutions are also on the upswing, being driven by the trend where consumers are concerned about the use of chemicals for preservation and their health. This shift is compelling firms to look for chemical-free solutions like natural preservatives and other modern packaging technologies that do not affect the quality of the product but prolong its shelf life. In addition, a better understanding concerning the dangers posed by unsafe food is leading to a shift in the market towards more sophisticated, more responsible, and more cutting-edge solutions.

Food Safety Solutions Market Leading Players

The key players profiled in the report are ALS Limited (Australia), AsureQuality Ltd (New Zealand), Bio-Rad Laboratories, Inc. (U.S.), Bureau Veritas (France), Deibel Laboratories (U.S.), Eurofins Scientific SE (Luxembourg), Intertek Group PLC Solutions (U.K.), Mérieux NutriSciences (U.S.), SGS S.A. (Switzerland), Thermo Fisher Scientific Inc. (U.S.)

Growth Accelerators

The food safety solutions market is mainly encouraged by the ever-increasing consumer inclination toward quality and safe food products, as well as the rising incidence of food-related diseases and contamination. In relation to that, as the food supply chain grows even more globalized, the incorporation of food safety high-end technologies, such as enhanced traceability systems, monitoring sensors, and antifouling devices, has been increasing. Governments in different regions have made efforts to limit foodborne illnesses, which puts pressure on companies to adopt measures that will help them comply with the law and keep people safe. Consequently, food safety measures have been embraced by industries and individuals within them, i.e., manufacturers, retailers, and food service operators who want to mitigate any risk of wastage or spoilage and enhance trust from the consumers. Another important factor is the increasing rate of growth of the food industry on a global scale, more so with food delivery and international business making huge growth under e-commerce. When this increases, the supply chain from the processing of fresh or frozen food to ready-made meals must guarantee food safety to its consumers. Therefore, the introduction of products that allow real-time tracking and monitoring on such systems as blockchain and IoT serves to protect the products from recalls.

Food Safety Solutions Market Segmentation analysis

The Global Food Safety Solutions is segmented by and Region.
. Geographically, the market is assessed across key Regions like North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

The market for food safety solutions is marked by the presence of both leading global brands and emerging own-tech companies that grow and provide services. Major players seek to integrate food safety management systems via the provision of testing solutions, sensors, software, and compliance support services. Companies like Thermo Fisher Scientific, 3M, and Intertek invest heavily in research and development and have an expansive range of products, resulting in their focus on the food processing, agriculture, and retail sectors. Such companies place emphasis on product performance, adherence to set standards, and more advanced features such as artificial intelligence and the Internet of Things owing to the rising demand from consumers and regulatory authorities on food safety. It is not only the large corporations who are competing in the current environment, but also an increasing number of specialized start-ups and technology-based companies offering products for particular areas of focus such as rapid testing apparatus, blockchain for product traceability, and automated systems for monitoring. These players do offer better food safety strategies as they aim at analysing and monitoring data collected in real time.

Challenges In Food Safety Solutions Market

The growing intricacy of the food supply chains gives rise to some additional issues that the market for food safety solutions will have to overcome. With the increasing globalization and usage of e-commerce, the need to provide safety and traceability of food products is becoming more challenging. The importation and exportation of food products involves risks such as contamination and spoilage, which necessitates the use of tracking and monitoring technology that is extremely advanced. This complexity requires periodic breakthroughs in food safety solutions, including advanced testing and detection systems, as well as regulatory compliance, so as to reduce the associated risks. Another issue is the expense of advanced food safety technologies, which is more pronounced in small and medium-sized enterprises (SMEs). Numerous enterprises within the food sector are unable to purchase the required apparatus and systems for effective food safety compliance, prompting slow adoption. Furthermore, the absence of standardization across regions and countries further complicates the exertion towards ensuring consistent safety regimes. There is a plethora of regulations that each of these companies have to comply with, which ultimately means that operational costs are raised and complications arise when it comes to the implementation of global food safety solutions.

Risks & Prospects in Food Safety Solutions Market

The market for food safety solutions is expected to expand greatly given the rising food safety and quality concerns among the customers and the government. With the burgeoning of global food trade and the intricate networks of supply chains, the companies look to more sophisticated ways of avoiding contamination, managing risk, and protecting health. Solutions involving real-time monitoring systems, food safety management software, traceability, and others are some of the technologies currently in demand, and hence the prospects for companies looking to innovate in providing solutions to problems such as foodborne infections, food waste, and contamination are vast. In addition to that, the elevating trends of automation, IoT, and AI in the food industry open a new avenue for food safety solution providers. For instance, automation technologies like sensors and robots can enhance the efficacy and cut the human error involved in food production on the quality control aspect.

Key Target Audience

The primary market for food safety solutions comprises food manufacturers, food processors, and food suppliers, all of whom focus on the quality and security of their goods from production to distribution. Safety solutions are sought out by these firms where there are regulations to be adhered to, contamination to avoid, or health to protect. Pathogenic detection systems, traceability, monitoring, and related technologies are of utmost importance in the food industry in ensuring that products remain unchanged for longer periods and ensuring minimal food-related illnesses.,, Another important segment comprises foodservice providers such as restaurants, catering companies, and retailers who have to make sure that food safety practices are observed across all their work processes. This entails everything in respect to food safety, practices like food handling, food storage provisions, hygiene, and control of temperatures. These businesses also purchase food safety products to meet the growing need from consumers for clean and safe food, as well as the need to protect their image, run their operations better, and avoid expensive recalls or lawsuits that arise from food safety class action cases.

Merger and acquisition

An extremely noteworthy recent merger in the food safety solutions market is the completion of Neogen Corporation's merger with 3M Food Safety business. Announced in December 2021, the merger between Neogen and 3M Food Safety was completed in September 2022. It brought together two heavyweights in the food-based safety sector. In return for this merger, Neogen was able to access the advanced food safety testing solutions offered by 3M, which are employed across the globe to assist producers in the control of foodborne diseases. The merger also moves Neogen's position as the industry leader to greater heights with a wider geographical radius, more product range, as well as enhanced online services. Also, another indication of the ongoing consolidation is the acquisition of Thai-Neo Biotech in mid-2022 by Neogen. The latter was long a distributor of Neogen products in Bangkok. This deal enables Neogen to reinforce its positions in the briskly advancing Asia Pacific region, more so in countries like India and China.