Food Safety Monitoring System Market Synopsis

Food Safety Monitoring System Market Size Was Valued at USD 39.91 Million in 2023 and is Projected to Reach USD 71.54 Million by 2032, Growing at a CAGR of 6.7 % From 2024-2032.

The food safety monitoring System is the comprehensive framework that ensures that food safety hazards are under control, and procedures are being followed and implemented to support the safety status of our food production and supply.

• Globally the monitoring process is regulated by the food safety regulations. It includes approval certifications from various agencies including SQF, BRC, FSSC 22000, IFS, Global GAP, etc.
• It is an integration of If you have a HACCP-based food safety program implemented in your food business, you should be familiar with CCP monitoring or monitoring of critical limits. Food safety monitoring, in this context, seeks to ensure that potential hazards do not become uncontrolled and subsequently result in illness or injury to food consumers.
• Another aspect under food safety monitoring is for GMP programs or PRP programs which say allergenic materials and non-allergenic materials should be placed separately, then it's necessary to install some system to keep check about the same.  Food monitoring ensures that food is handled securely throughout the whole process, safeguarding the quality and safety of our food supply. Food service organizations can monitor temperature and trace the history of each item to spot problems before they make customers sick by implementing best practices and temperature monitoring to prevent contamination.
• Reliable temperature monitoring is a must for freezers, coolers, and refrigerators in the food service sector. When food storage temperatures approach the danger zone, modern food safety systems use wireless, remote technology to notify staff and management.

Statistics of food safety inspection data according to hazardous substance.

With increasing oversight, regulatory agencies and associated enterprises are attempting to exploit the existing regulatory structure to establish real-time data monitoring solutions. Data on food safety inspections were gathered for this study via the information release platform of management departments throughout China. These data were processed using chemical hazardous substances as the objects of concern and then categorized based on hazardous substances, record product name, inspection location, and other criteria. The most frequent dangerous compounds in China are enrofloxacin, chloramphenicol, and chlorpyrifos, which account for 68.45% and 26.43% of total toxins, respectively. Other prominent hazards include Cd, Pb, carbofuran, and clenbuterol. Mycotoxins like AFB1 and DON are also relevant.

Food Safety Monitoring System Market Trend Analysis

Installation Of Hybrid Regulatory System

• Along with the mandatory HACCP system the combination of other performance standards for finished products is also installed for regulating food safety. This ensures speedier testing procedures and eventually develops more accurate results.
• The use of these techniques plays a crucial role in safeguarding public health along with identifying and mitigating health hazards. The installation of a Hybrid Regulatory System integrates mandatory HACCP protocols with additional performance standards for finished food products, expediting testing processes and enhancing result precision. This multifaceted approach not only ensures efficient regulatory oversight but also prioritizes public health by swiftly identifying and mitigating potential health hazards.
• By incorporating various techniques, this system serves as a robust safeguard, fortifying food safety measures and bolstering confidence in the integrity of the food supply chain.

Awareness about food concerns after COVID-19

• The pandemic highlighted the need for a food safety monitoring system to avoid the impact of various health risk factors including contamination, improper handling, and spoilage. The rising awareness amongst the people has increased the need for installing the food safety monitoring system.
• The aftermath of COVID-19 underscored the critical importance of a comprehensive food safety monitoring system to mitigate health risks stemming from contamination, mishandling, and spoilage. Heightened public awareness post-pandemic has amplified the imperative for implementing such monitoring mechanisms.
• Recognizing the potential threats to health and wellbeing, individuals and authorities alike are increasingly advocating for robust systems to ensure the safety and integrity of the food supply chain. This growing awareness underscores the necessity of proactive measures to safeguard public health and restore trust in food safety standards, emphasizing the pivotal role of effective monitoring and regulatory frameworks.

Food Safety Monitoring System Market Segment Analysis:

Food Safety Monitoring System Market is segmented based on type, technology, and end-users.

By Type, The Hardware Segment Is Expected To Dominate The Market During The Forecast Period

• In 2022, the hardware segment held the largest share of the food safety monitoring system market. This segment includes vital components like sensors and detectors, which are essential for effective monitoring and control.
• These devices help detect contaminants, pathogens, and other potential hazards in the food supply chain. With robust hardware solutions, real-time data collection and analysis are possible, enabling quick responses to security threats. Advanced technologies such as IoT-enabled devices further enhance traceability and monitoring capabilities.
• Hardware plays a crucial role in strengthening food safety infrastructure by providing reliability and accuracy in identifying risks. It ensures the integrity of food products from the point of production to consumption.

By End-Users, The Food Manufacturing Segment Held The Largest Share In 2023

• Food safety monitoring systems are paramount in ensuring the quality and safety of food products, with food manufacturing companies playing a central role in their development and implementation. These companies are driven by regulatory compliance, as strict guidelines govern the safety of food products, prompting heavy investments in monitoring systems to avoid penalties and maintain a positive reputation.
• Mitigating risks associated with foodborne illnesses and product recalls is another critical factor driving their investment in monitoring technologies. With substantial financial resources and technical expertise at their disposal, food manufacturers can deploy sophisticated monitoring systems throughout their supply chains. By exercising control over various stages of production and distribution, these companies can manage food safety risks effectively.
• Moreover, meeting consumer expectations for safe and high-quality products necessitates robust monitoring efforts to reassure customers and maintain trust. While food manufacturing companies dominate food safety monitoring systems due to these reasons, collaboration among regulatory agencies, research institutions, consumer advocacy groups, and technology providers remains essential for the continued advancement and effectiveness of food safety initiatives.

Food Safety Monitoring System Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast Period

• These include robust regulatory frameworks ensuring stringent adherence to food safety standards, significant investments in advanced technology and infrastructure, and a strong culture of consumer awareness regarding food safety.
• Additionally, the presence of key market players and research institutions contributes to innovation and the development of cutting-edge solutions. Combined, these factors position North America as a leader in the food safety monitoring system market, driving growth and maintaining a competitive edge in the global landscape.

 Food Safety Monitoring System Market Top Key Players:

• Neogen Corporation (United States)
• 3M Food Safety (United States)
• Thermo Fisher Scientific (United States)
• Eurofins Scientific (Luxembourg)
• Romer Labs (Austria)
• Mérieux NutriSciences (France)
• Bio-Rad Laboratories (United States)
• Hygiena (United States)
• Charm Sciences (United States)
• Intertek Group plc (United Kingdom)
• Bureau Veritas (France)
• SGS SA (Switzerland)
• Waters Corporation (United States)
• PerkinElmer (United States)
• Randox Laboratories (United Kingdom)
• QIAGEN (Germany)
• Agilent Technologies (United States)
• Shimadzu Corporation (Japan)
• LabCorp (United States)
• Agri-Neo (Canada)
• FoodLogiQ (United States)
• Clear Labs (United States)
• Certus (United States)
• Kemin Industries (United States)
• DNV GL (Norway)
• NSF International (United States)
• Cargill (United States)
• Tyson Foods (United States)
• Nestlé (Switzerland)
• Danone (France) and other key players

Key Industry Developments in the Food Safety Monitoring System Market:

• In Jul 2021, One of the top Brazilian suppliers of food, agricultural, and environmental testing solutions, JLA Brasil Laboratório de Análises de Alimentos S.A. ('JLA'), was bought by Intertek Group. Through this acquisition, Intertek will be able to better serve Brazilian clients by expanding its offering of food safety testing services.
• In May 2021, The UK-based Eurofins Scientific Alliance Technical Laboratories (ATL) Ltd. was purchased by Eurofins Scientific. The company's food, water, and feed testing service facilities in the UK will be improved by this acquisition.
• In May 2020, The "Surakhsha" program was started in May 2020 by Bureau Veritas and Leela Palaces (India) to provide high standards of food safety and hygiene and use technology services to uphold the requirements. Through this partnership, Bureau Veritas will be able to provide more food safety testing services.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. FOOD SAFETY MONITORING SYSTEM MARKET BY TYPE (2017-2032)
   1. FOOD SAFETY MONITORING SYSTEM MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. SEGMENT SOFTWARE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. SEGMENT HARDWARE
7. FOOD SAFETY MONITORING SYSTEM MARKET BY END-USER (2017-2032)
   1. FOOD SAFETY MONITORING SYSTEM MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. SEGMENT FOOD PROCESSING COMPANIES
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. SEGMENT FOOD RETAILERS
   5. SEGMENT FOOD MANUFACTURERS
   6. SEGMENT RESTAURANTS
   7. SEGMENT BAKERIES
   8. SEGMENT BEVERAGES COMPANIES
8. FOOD SAFETY MONITORING SYSTEM MARKET BY TECHNOLOGY (2017-2032)
   1. FOOD SAFETY MONITORING SYSTEM MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. SEGMENT CLOUD
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. SEGMENT ON-PREMISES
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Benchmarking
      2. FOOD SAFETY MONITORING SYSTEM Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. COMPANY NEOGEN CORPORATION (UNITED STATES)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. 3M FOOD SAFETY (UNITED STATES)
   4. THERMO FISHER SCIENTIFIC (UNITED STATES)
   5. EUROFINS SCIENTIFIC (LUXEMBOURG)
   6. ROMER LABS (AUSTRIA)
   7. MÉRIEUX NUTRISCIENCES (FRANCE)
   8. BIO-RAD LABORATORIES (UNITED STATES)
   9. HYGIENA (UNITED STATES)
   10. CHARM SCIENCES (UNITED STATES)
   11. INTERTEK GROUP PLC (UNITED KINGDOM)
   12. BUREAU VERITAS (FRANCE)
   13. SGS SA (SWITZERLAND)
   14. WATERS CORPORATION (UNITED STATES)
   15. PERKINELMER (UNITED STATES)
   16. RANDOX LABORATORIES (UNITED KINGDOM)
   17. QIAGEN (GERMANY)
   18. AGILENT TECHNOLOGIES (UNITED STATES)
   19. SHIMADZU CORPORATION (JAPAN)
   20. LABCORP (UNITED STATES)
   21. AGRI-NEO (CANADA)
   22. FOODLOGIQ (UNITED STATES)
   23. CLEAR LABS (UNITED STATES)
   24. CERTUS (UNITED STATES)
   25. KEMIN INDUSTRIES (UNITED STATES)
   26. DNV GL (NORWAY)
   27. NSF INTERNATIONAL (UNITED STATES)
   28. CARGILL (UNITED STATES)
   29. TYSON FOODS (UNITED STATES)
   30. NESTLÉ (SWITZERLAND)
   31. DANONE (FRANCE)
10. GLOBAL FOOD SAFETY MONITORING SYSTEM MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Type
       4. Historic And Forecasted Market Size By End-user
       5. Historic And Forecasted Market Size By Technology
       6. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies