Global Food Diagnostics System Market Overview
Food Diagnostics System Market was valued at US$ 19.9 Billion in 2024 and is projected to grow at a CAGR of 4.9% to reach US$ 30.8 Billion by 2034.
Food diagnostics systems market play a crucial role in ensuring the safety and quality of food products by detecting contaminants, pathogens, allergens, and other quality parameters. These systems are utilized across the food supply chain, from production and processing to distribution and retail. The goal is to prevent the spread of foodborne illnesses, maintain quality standards, and comply with regulatory requirements.
- Dividing this target market into segments:
Food Diagnostics System Market is segmented based on Consumables, Diagnosis Systems, Contaminants Type and Region.
- Consumables Insight
On the basis of Consumables, the target market is segmented into Disinfectants, Test accessories, Reagents, and Others.
- Diagnostics Systems Insight
On the basis of Diagnostics Systems, the target market is segmented into Spectrometry-based, Hybridization-based, Testing kits, Chromatography-based, Biosensors, and Others.
- Contaminants Type Insight
On the basis of Contaminants Type, the target market is segmented into Moulds, Yersinia, Bacillus, Listeria, Pathogens, Shigella, Fusarium, Klebisiella, and Novivirus.
Global Food Diagnostics System Market Dynamics
Drivers |
Restrains |
Increasing Food Safety Regulations |
Complexity of Testing Procedures |
Globalization of the Food Supply Chain |
Data Security Concerns |
Increasing Consumer Awareness |
|
Global Food Diagnostics System Market Segmentation
Regional Insights:
On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
- North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding. North America has been a significant market for food diagnostics systems, driven by the region's focus on food safety, stringent regulations, and advanced technological infrastructure.
- Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. The Asia-Pacific region has seen significant growth in the food diagnostics system market, driven by factors such as population growth, urbanization, and increased awareness of food safety
Food Diagnostics System Market Report Scope:
Attribute |
Details |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Market Segmentation |
By Consumables - Disinfectants, Test accessories, Reagents, and Others By Diagnostics Systems - Spectrometry-based, Hybridization-based, Testing kits, Chromatography-based, Biosensors, and Others By Contaminants Type - Moulds, Yersinia, Bacillus, Listeria, Pathogens, Shigella, Fusarium, Klebisiella, and Novivirus |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.
Global Food Diagnostics System Market Key Players
Key Players:
The key players operating the Food Diagnostics System Market includes, Beckman Coulter Inc., Randox Laboratories Ltd., Biocontrol Systems Inc., E. I. Du Pont De Nemours and Company, Thermofisher Scientific Inc., Perkinelmer Inc., Thermo Electron Corporation, Fermantes, 3M Company, and Omega Diagnostic Group Plc.
Global Food Diagnostics System Market Key Issues Addressed
The New Launched Product News,
In January 2022, the separation announced by PerkinElmer has been finalized. The remaining life sciences and diagnostics companies will be combined into a new, standalone company, and the applied science, food, and enterprise services businesses will be sold to private equity firm New Mountain Capital. In exchange for taking over the three PerkinElmer companies—which manufacture hardware used in semiconductor production, environmental testing, forensics, and food safety New Mountain paid up $2.3 billion in cash up front.
Global Food Diagnostics System Market Highlights
FAQs
Startups can benefit from Market research by gaining insights into their target audience, understanding market trends, identifying competitors, and validating their business ideas.
Market research addresses data privacy by securing participants' informed consent, hiding data, and abiding by applicable data protection laws.
Market research can be conducted through various methods, including surveys, interviews, focus groups, observations, and data analysis.