The Global Salmonella Testing Market is estimated to be valued at US$ 2.91 Bn or Mn in 2023 and is expected to exhibit a CAGR of 7.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Salmonella testing plays a significant role in ensuring food safety and preventing outbreaks of foodborne illnesses. It identifies the presence of Salmonella bacteria in food products, which if left undetected can cause diseases like typhoid fever and gastrointestinal illness. Rapid detection methods help food manufacturers and regulatory agencies take prompt corrective actions.
Market key trends:
One of the key trends in the market is the use of PCR (Polymerase Chain Reaction) and immunoassay-based testing methods. PCR tests provide accurate results within 24 hours, while immunoassays offer faster results within 1-3 hours. With growing demand for timely test results from food producers and distributors, PCR and immunoassay-based tests are gradually replacing traditional culturing methods. Another major trend is the increasing R&D investments by industry players to develop automated, portable and higher throughput systems for on-site Salmonella testing at production facilities and border checkpoints. This enables real-time monitoring and maintaining global food safety standards.
Market Key Trends:
Salmonella testing market is witnessing increasing adoption of rapid testing methods. The rapid testing methods can help provide results within hours as compared to traditional testing methods that may take days. The rapid methods are gaining popularity as they help reduce costs associated with recalls and enable swift action to contain outbreaks. Various new rapid testing kits and solutions have entered the market in recent years which has supplemented the growth of this market.
SWOT Analysis:
Strength: Rapid testing methods provide quick results within hours, helping address issues faster.
Weakness: Traditional testing methods still remain popular which hampers revenue growth potential for rapid testing companies.
Opportunity: Increasing outbreaks of foodborne illness enhance the need for reliable and widespread testing, presenting an opportunity.
Threats: High prices of rapid testing kits limit their adoption in developing regions.
Key Takeaways
The Global Salmonella Testing Market is expected to witness high growth, exhibiting CAGR of 7.8% over the forecast period, due to increasing prevalence of foodborne illnesses.
North America dominated the salmonella testing market in 2023, owing to stringent food safety regulations and rapid adoption of new testing technologies. Asia Pacific is anticipated to witness fastest growth during the forecast period driven by growing cases of salmonellosis and strengthening food safety standards in countries such as India and China.
Key players operating in the salmonella testing market are Thermo Fisher Scientific, Merck KGaA, bioMérieux SA, Neogen Corporation, QIAGEN N.V., 3M Company, PerkinElmer Inc., Romer Labs Division Holding GmbH, Eurofins Scientific, Hardy Diagnostics, Charles River Laboratories International Inc., LabCorp, R-Biopharm AG, Biomerica Inc., Zeulab S.L. These companies are focused on launching innovative rapid testing kits and solutions to strengthen their positions in the market.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it