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Europe food safety testing market: Leading players include SGS SA, Bureau Veritas & Silliker

Press Release   •   Jul 30, 2013 12:31 BST

The Europe food safety testing market is forecast to grow to a value of around $4.07 billion by the end of 2018, growing at a CAGR of 6.5% between 2013 and 2018. In 2012, Germany was the largest market for food safety testing and it is projected to be the fastest growing market in Europe. In 2012, U.K. was second largest market followed by the France. In 2012, contaminant testing in fruit and vegetable was the largest segment in European market.

Increasing outbreak of foodborne illnesses and poisoning risks in Europe has resulted European Food Safety Authority (EFSA) to impose strict food safety regulations. The food safety regulations specify maximum permitted level of any contaminant in food. EFSA has also specified that all the food manufacturers are responsible for safety of food. So, food safety testing has to be implemented during all the stage of food production to ensure absence of contaminations and prevent any potential health risks upon consumption of contaminated food. The regulatory bodies in Europe have been implementing Hazard Analysis Critical Control Point (HACCP) systems to ensure food safety. Implementation of these food safety regulations has been driving the food safety testing market. Globalization of food supply and demand of the consumer for food safety and information has further helped the market to grow.

In 2011, foodborne outbreak of STEC E. coli in Germany was responsible for hemolytic-uremic syndrome (HUS) in more than three thousand consumers and resulted in rigorous implementation of food safety regulations. In 2012, Germany dominated the food safety testing market and is projected to be the fastest growing food safety testing market in Europe. The EFSA have been strictly supervising the implementation of HACCP systems by food manufacturers. The food safety concern among consumers has also been increasing due to the media influence and contamination of genetically modified food that may pose as an unknown risk upon consumption. The market has been driven by the testing of food material during every stage of food production and processing.

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