Europe Food Safety Testing Market Top Players, Growth Opportunities and Current Status by 2028
The Europe food safety testing market is projected to reach US$ 9,146.8 million by 2028 from an estimated value of US$ 5,758.8 million in 2021; it is likely to grow at a CAGR of 6.8% from 2021 to 2028. The major factors driving the market’s growth are the greater emergence of foodborne illness and the ascension of Europe food & beverages industry. However, the insufficient food safety testing methods are hampering the market growth.
The food and beverages industry encompasses the distribution, packaging, and processing of food materials. It is increasingly leveraging mechanical manipulation and advanced technologies to create value-added products. Changing lifestyles and busy schedules have led to a surge in the consumption of ready-to-eat meals. While many industries faced significant losses, stagnation, or low growth during the global lockdowns imposed in 2020 due to the COVID-19 pandemic, the food and beverages industry was one of the few sectors that experienced growth. This growth was particularly notable in fast-moving consumer goods (FMCG), with food products recording double-digit growth in 2020. Although the demand for oilseeds and grains in the foodservice sector declined, negatively impacting sales, the reopening of foodservice platforms in Europe and higher selling prices are expected to boost the market in the coming years.
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The fruit, vegetables, and specialty foods sector, which includes fresh, frozen, and canned products, saw strong growth due to increased demand. Consumers stockpiled frozen food products amid concerns over lockdowns and potential food shortages. The dairy sector also experienced high growth rates and is expected to continue expanding during the forecast period. However, the dairy industry remains one of the most vulnerable to foodborne illnesses, as dairy products can harbor various microorganisms. Since pasteurization may not eliminate all pathogens in milk, rigorous testing is essential to ensure safety. The high consumption of milk and dairy products has led to increased demand for food safety testing, further driving market growth.
In Europe, the UK, France, and Russia were among the hardest-hit countries by the COVID-19 outbreak. The UK, in particular, faced significant economic challenges due to revenue losses across various industries, as it recorded the highest number of COVID-19 cases, followed by France, Spain, Italy, and Germany. Many European countries implemented strict measures, including travel restrictions and partial border closures, which impacted market growth. However, as lockdown restrictions were gradually lifted in some countries—such as Denmark, where shops and restaurants reopened, and Italy, which transitioned to the "yellow zone" and eased restrictions—the food and beverages industry began to recover. These developments are expected to positively influence the industry and contribute to the recovery of the food safety testing market in the region.
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Suryakant
Gadekar
Senior Market Research Expert at Business Market Insights
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