PCR System for Food Diagnostics Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Canada, Germany, UK, France - Size and Forecast 2024-2028

PCR System for Food Diagnostics Market Forecast 2024-2028

The PCR system for food diagnostics market size is estimated to grow by USD 959.59 million, at a CAGR of 8.73% between 2023 and 2028. 

The demand for food safety standards arose from the need for nutritious food for healthy living. Food manufacturers must make significant investments to limit the risks associated with consumer exposure to contaminated foods. Some of the food safety management system standards are International Organization for Standardization (ISO) 22000, Foundation Food Safety System Certification (FSSC 22000), International Featured Standards (IFS) Food, and British Retail Consortium (BRC) Food Standards. IFS Food is a recognized food safety standard for assessing the quality of manufacturers' products and processes. Further, numerous market vendors are specialized in providing certifications to the manufacturers. These vendors have a network of food testing laboratories, inspectors, and auditors for the manufacturers. Such standards minimize risks by implementing validated and controlled manufacturing processes and increasing manufacturer's reputations by producing high-quality, safe products. Thus, the market is expected to grow during the forecast period.

The market growth analysis report also includes an in-depth analysis of drivers, trends, and challenges. Our market growth and forecasting report examines historical data from 2018-2022, besides analyzing the current market scenario.

What will be the size of the Market During the Forecast Period?

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Segmentation by Application, Product, and Geography Analysis

By Application Analysis

The market share growth by the household segment will be significant during the forecast period. The segment is expected to witness positive growth during the forecast period, owing to the growing demand from consumers globally for reliable and quick detection of pathogens in foods.

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The households segment was the largest and was valued at USD 831.61 million in 2018. Factors such as increasing control issues, adulteration cases, financial scarcity, lack of hygiene, and lack of information about foodborne diseases and their adverse effects are increasing the number of foodborne diseases, which in turn increases the demand for household application of the polymerase chain reaction (PCR) system for market. Furthermore, the increasing number of government regulations, coupled with the adoption of safety testing procedures by companies for trace element analysis of samples, will have a positive impact on the growth of the household segment of the polymerase chain reaction (PCR) system for food diagnostics market during the forecast period.

By Product Analysis

Consumables include assays, probes, reagents, and kits. Due to the repeated use and wide applicability, easy handling, and transport of consumables, this segment has a higher share of the polymerase chain reaction (PCR) system for the market and will witness high market growth during the forecast period. Further, vendors are designing PCR test kits as packages, which contain both reagents and vials so that the product is purchased as a single solution and that the high costs incurred on consumables can be curtailed. With the use of the Beer Screening Kit, the presence of beer spoilage bacteria in the production process can be quickly and easily detected and identified. The Kit, in combination with the floodproof ShortPrep III Kit, allows the detection of the 30 most important beer-spoiling bacteria in a single reaction, such as genera Lactobacillus, Megasphaera, Pediococcus, and Pectinatus. Hence, the wide variety of consumables for diagnoses, cost efficiency, ease of storage in minimal space, and frequent purchases drive the growth of the segment. These factors will drive the growth of the consumables segment of the market during the forecast period.

Regional Analysis

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North America is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers will shape the PCR system for the market during the forecast period. The presence of several regulatory organizations in the US and Canada makes these countries high revenue contributors, as F and B companies must comply with the standards to ensure the continued marketing of their products. In Canada, Health Canada assesses the Canadian Food Inspection Agency's activities related to safety. Furthermore, six independent surveillance systems are used to estimate foodborne illnesses in the country. These are the Canadian Notifiable Disease Surveillance System (CNDSS), the National Enteric Surveillance Program (NESP), the Enhanced National Listeriosis Surveillance, FoodNet Canada, the Provincial and Territorial Reportable Disease Surveillance System, and the National Studies on Acute Gastrointestinal Illness (NSAGI). The presence of these systems indicates that a stringent regulatory system is in place in these countries. Moreover, with the F&B industry growing primarily due to the advent of GM foods, high market growth can be expected in North America during the forecast period.

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Key Market Players 

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Agilent Technologies Inc. - The company offers PCR system for diagnostics such as AriaMx real time PCR system, which is a fully integrated qPCR solution for amplification, detection, and data analysis, combining a novel thermal cycler, an advanced optical system with LED excitation source, and comprehensive data analysis software.

• Bio Rad Laboratories Inc.
• bioMerieux SA
• EW Group GmBH
• Generon SpA
• Genesystem
• Lumex Instruments
• LuminUltra Technologies Ltd
• Merck and Co. Inc.
• Microsynth AG
• Minerva Biolabs GmbH
• Molbio Diagnostics Pvt. Ltd.
• Mylab Discovery Solutions Pvt Ltd.
• PerkinElmer Inc
• QIAGEN NV
• QuantuMDx Group Ltd.
• R Biopharm AG
• SAN Group GmbH
• Thermo Fisher Scientific Inc
• Xiamen Zeesan Biotech Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Dynamics

There are multiple factors influencing market growth. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, market trends, and challenges. 

Key Drivers

Rising foodborne illnesses are notably driving market growth. The meals that people consume is mostly plant-based and animal-based and usually contain many types of microorganisms. During the production and consumption of food, there are chances for microbes from natural sources to come in contact with food and contaminate it. For instance, raw meat may get contaminated while slaughtering the animal, while fruits and vegetables may get contaminated while growing or during processing. The contamination of food results in its spoilage; the consumption of such food leads to foodborne illnesses.

Moreover, foodborne illnesses are serious public health issues globally. Around 48 million people become sick due to these illnesses, out of which around 128,000 are hospitalized, and about 3,000 people die each year. PCR diagnostic systems are used to check for the presence of microorganisms or human pathogens such as Salmonella, E. coli, and Listeria. Therefore, rising illnesses will drive the growth of the market during the forecast period.

Significant  Trends

Increasing consumer awareness about food safety is an emerging trend shaping market growth. With the world becoming more connected through various forms of electronic, print, and digital media, awareness about safety among consumers is also increasing; consumers are able to make informed decisions on which food to buy or not to buy. Consumers these days look for vital nutritional and safety information on labels. Social media is another avenue that is being promoted to increase safety awareness. The IFIC constantly monitors data flow through traditional and social media to ensure that correct technical data is disseminated globally.

Additionally, the CDC has its website through which it distributes several safety best practices, which consumers can refer to. With increasing consumer awareness created through these various platforms and collaborative efforts between industry-leading authorities and social media companies, the need for safety systems increases. Therefore, increasing consumer awareness about food safety will drive the growth of the market during the forecast period.

Major  Challenges

A shortage of skilled laboratory professionals in food diagnostics is a significant challenge hindering market growth. Awareness about safety and associated systems is increasing at a rapid rate. Conducting an efficient food diagnosis requires correct handling and compliance with regulatory procedures and good manufacturing practices (GMPs). However, the shortage of skilled professionals affects the proper use of these systems. The dearth of skilled professionals is the root cause of the non-compliance of laboratory safety workers and researchers, resulting in shortcomings in the manufacturing of safe products. 

Furthermore, many professionals working in laboratories are resigning from their jobs or pursuing different fields in medicine. The high attrition rate among laboratory professionals is attributed to several factors, such as dissatisfaction with salaries and inadequate training programs, which are some of the reasons that contribute to the declining number of laboratory professionals. Therefore, a shortage of skilled professionals will hinder the growth of the market during the forecast period.

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Key Market Customer Landscape

The market report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

 Customer Landscape

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

• Application Outlook
  • Household
  • Commercial

• Product Outlook
  • Consumables
  • Instruments

• Region Outlook
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia
    • China
    • India
  • Rest of World (ROW)
    • Brazil
    • Argentina 
    • Australia 

Market Analyst Overview 

The market is witnessing significant advancements driven by the integration of cutting-edge technologies and a focus on enhancing food safety. Utilizing Polymerase Chain Reaction (PCR) devices, this market targets precise identification of DNA sequences associated with microbiological pathogens and genetic materials. Notable technological improvements, including multiplexing and integration with IoT, enhance multi-pathogen detection capabilities.

The market's emphasis on Big Data and molecular biology methods aligns with evolving safety regulations, addressing concerns related to toxins and allergens. The adoption of portable PCR equipment facilitates on-site testing, catering to diverse environments such as processing facilities, retail stores, and farms. This shift towards decentralized food safety testing is pivotal in mitigating outbreaks and ensuring robust food quality control through predictive analytics in the dynamic landscape of the market.

PCR System for Food Diagnostics Market Scope
Report Coverage	Details
Page number	156
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 8.73%
Market Growth 2024-2028	USD 959.59 million
Market structure	Fragmented
YoY growth 2023-2024(%)	8.04
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 41%
Key countries	US, Canada, Germany, UK, and France
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Agilent Technologies Inc., Bio Rad Laboratories Inc., bioMerieux SA, EW Group GmBH, Generon SpA, Genesystem, Lumex Instruments, LuminUltra Technologies Ltd, Merck and Co. Inc., Microsynth AG, Minerva Biolabs GmbH, Molbio Diagnostics Pvt. Ltd., Mylab Discovery Solutions Pvt Ltd., PerkinElmer Inc, QIAGEN NV, QuantuMDx Group Ltd., R Biopharm AG, SAN Group GmbH, Thermo Fisher Scientific Inc., and Xiamen Zeesan Biotech Co. Ltd.
Market dynamics	Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this PCR System for Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the between 2024 and 2028
• Precise estimation of the size and its contribution n of the market in focus to the parent market
• Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria 
• Companies landscape comparing criticality of inputs and factors of differentiation
• Exclusive Matrix on companies position and classification
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market industry across North America, Europe, Asia, and Rest of World (ROW)
• A thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of companies

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