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Showing posts from August, 2024

Industry Experts, Inc Reveals Globalization of Food Chains Drives Food Safety Testing Global Market to Witness Robust Growth and Reach $35bn by 2030

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Industry Experts, Inc published the new global market research report entitled " Food Safety Testing – A Global Market Overview ". As per this report, North America estimated the largest market for Food Safety Testing in 2024 accounting for a share of about 35 while Asia-Pacific is anticipated to grow by the fastest 2024-2030 CAGR of 8%. According to the World Health Organization (WHO), approximately 600 million people (nearly 1 in 10 globally) fall ill from eating contaminated food, and 420,000 people die annually from foodborne illnesses. Access to clean, safe, and sustainable food is essential for human health. To ensure the safety of the food supply, the food industry has implemented various food safety testing procedures. The Food Safety Testing market is dominated by meat, poultry & seafood segment, accounting for a share of 30.7% of the overall global market estimated at US$7.3 billion in 2024. Further, this segment is anticipated to post the above average CAGR o