Canada Food Safety Testing Market to Witness 8.60% CAGR until 2032

Canada Food Safety Testing Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 8.60% (2024-2032)

According to the latest Canada food safety testing market report by IMARC Group, the market is projected to exhibit a growth rate (CAGR) of 8.60% during 2024-2032. The market is witnessing a steady rise driven by increasing consumer awareness about foodborne illnesses and stringent regulatory standards. 

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Canada Food Safety Testing Industry Trends and Drivers:

  • Investment in Advanced Testing Technologies:
    • Businesses are increasingly investing in advanced testing technologies, such as rapid testing methods, to comply with Health Canada’s regulations.
    • There is a growing demand for microbial testing, especially for pathogens like E. coli and Salmonella, as companies aim to protect public health and avoid costly recalls.
    • Automated testing solutions are being adopted widely, enhancing the efficiency and accuracy of testing processes.
  • Rising Need for Transparency in the Supply Chain:
    • Companies are implementing robust testing protocols to maintain brand integrity and consumer trust.
    • The demand for transparency in food production is driving the adoption of advanced testing methods.
  • Growing Consumer Awareness and Demand for Food Safety:
    • Health-conscious consumers are pushing for stricter food safety standards, leading businesses to adopt advanced testing methods.
    • The globalization of food supply chains is increasing complexity and risks, further driving demand for food safety testing.
  • Technological Advancements in Testing:
    • Development of rapid testing kits and the integration of AI and IoT in monitoring systems are propelling market growth by enabling more efficient and accurate detection of contaminants.
  • Tighter Food Safety Regulations:
    • Regulatory bodies in Canada are tightening food safety regulations, requiring businesses to invest in more robust testing procedures.
    • This trend is particularly significant in sectors like meat, dairy, and processed foods, where stringent testing is essential for both domestic and export standards.
  • Increasing Frequency of Food Recalls:
    • The rising number of food recalls is pushing companies to prioritize food safety testing to avoid financial and reputational damage.

Canada Food Safety Testing Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights:

  • Pathogen
  • Genetically Modified Organism
  • Allergen
  • Chemical and Toxin
  • Others

Food Tested Insights:

  • Meat and Meat Products
  • Dairy and Dairy Products
  • Cereals, Grains, and Pulses
  • Processed Food
  • Others

Technology Insights:

  • Immunoassay-based
  • PCR-based Assay
  • Agar Culturing
  • Others

Regional Insights:

  • Ontario
  • Quebec
  • Alberta
  • British Columbia
  • Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Ask Our Expert & Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=23983&flag=C

Key highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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