Food Safety Testing Industry - Regional Synopsis
Europe Market Forecast
The European food safety testing market, amongst the market in all the other regions, is projected to hold the largest market share of around 31% by the end of 2037. The growth of the market can be attributed majorly to the rising production of milk in the region. Nutritional labeling is important for the milk, for which food testing is done on the composition of the milk at various stages to guarantee fat management and identity requirements are met. According to Eurostat, in 2021, the European Union generated 161 million tons of raw milk. Additionally, in 2021, the average apparent milk yield per cow in the EU was 7,682 kg. Furthermore, the diet of Europeans includes a significant amount of seafood as a source of their protein. Therefore, market growth is also expected on the account of high consumption of seafood. The average European consumes about 3.3 kg more fish or seafood than the rest of the globe, or about 24 kg each year. Moreover, the most consumed seafood is salmon, tuna, and cod.
APAC Market Statistics
The Asia Pacific food safety testing market, amongst the market in all the other regions, is projected to hold the second largest share of nearly 23% during the forecast period. The growth of the market can be attributed majorly to the increasing cases of foodborne illness. In China, poisonous mushrooms continue to be a serious issue, as they were responsible for the majority of outbreaks and fatalities this past year. There was a total of around 7,000 foodborne outbreaks in 2020, which led to nearly 37,000 illnesses and about 143 fatalities. In addition to this, in India, every year around 100 million foodborne illnesses, and nearly 120,000 foodborne illness-related fatalities are reported. Moreover, around 8 million people lose their life after a prolonged disability caused by foodborne illness.
North American Market Forecast
Further, the market in North American, amongst the market in all the other regions, is projected to hold a significant share of 19% by the end of 2037. The growth of the market can be attributed majorly to the increasing prevalence of food allergies. By 2021, there were roughly 20 million food-allergic Americans, of which 16 million are adults and the remaining 4% are children. Moreover, in the same year, almost 1 million persons in the United States were identified as being severely allergic to sesame. Besides this, among children, milk stands as the top allergic food followed by peanuts and eggs. Furthermore, the rising consumption of meat and poultry, and processed food is also expected to boost the market growth in the region. In 2021, around 30 billion pounds of beef were consumed in the United States
