Report Description

Vietnam Food Safety Testing Market is projected to grow at a double digit CAGR during the forecast period owing to public awareness of food quality and safety, which has grown tremendously in Vietnam. Furthermore, stringent regulations, growing number of food-borne illness, opening of food testing services to foreign investment, food export etc. are other major factors driving the Food Safety Testing Market in Vietnam. Based on technology, the market has been categorised into Traditional and Rapid.

In 2021, the rapid technology segment dominated the Vietnam Food Safety Testing market owing to its various offerings like easy to use, efficiency and better performance due to which the segment is projected to further dominate the market during the forecast period as well. Moreover, the recent technological advancements have contributed to establishment of the food safety regulatory landscape, giving an extra push to the food safety testing industry. 

Some of the leading players in the Vietnam Food Safety Testing Market are Bureau Veritas S.A., SGS SA, ALS Limited, Asurequality Ltd, Mérieux Nutrisciences, Microbac Laboratories, Intertek Group PLC, Eurofins Scientific, TUV SUD AG, Laboratory Corporation of America Holdings etc.

Objective of the Study:

  • To analyse and forecast the market size of Food Safety Testing Market, in terms of value.
  • To classify and forecast Vietnam Food Safety Testing Market based on technology, food tested, target tested and regional distribution.
  • To identify drivers and challenges for Vietnam Food Safety Testing Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Food Safety Testing Market.
  • To conduct the pricing analysis for Food Safety Testing Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Vietnam Food Safety Testing Market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across Vietnam. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across Vietnam.

TechSci Research calculated the market size of Vietnam Food Safety Testing Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Food safety testing manufacturers
  • Food safety testing technology suppliers
  • Professional food testing providers
  • Food safety agencies
  • Industry associations and experts
  • Dealers/Distributors
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations

·         Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

 

Base Year

2021

 

Historical Data

2017 – 2020

 

Estimated Year

2022

 

Forecast Period

2023 – 2027

 

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Technology

·         Food Tested

·         Target Tested

 

Regional scope

Central Region, Northern Region, Southern Region

 

Key companies profiled

Bureau Veritas S.A., SGS SA, ALS Limited, Asurequality Ltd, Mérieux Nutrisciences, Microbac Laboratories, Intertek Group PLC, Eurofins Scientific, TUV SUD AG, Laboratory Corporation of America Holdings.

 

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

 

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

 

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Vietnam Food Safety Testing Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Vietnam Food Safety Testing Market, By Technology:
    • Traditional
    • Rapid
  • Vietnam Food Safety Testing Market, By Food Tested:
    • Meat & Poultry
    • Dairy Products
    • Fruits & Vegetables
    • Processed Food
    • Others
  • Vietnam Food Safety Testing Market, By Target Tested:
    • Pathogens
    • GMO
    • Toxins
    • Pesticides
    • Others
  •  Vietnam Food Safety Testing Market, By Region:
    • Vietnam
      • South Vietnam
      • North Vietnam
      • Central Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam Food Safety Testing Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Vietnam Food Safety Testing Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Product Awareness

5.2.  Product Pricing

5.3.  Product Quality

6.    Vietnam Food Safety Testing Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Technology (Traditional and Rapid)

6.2.2.     By Food Tested (Meat & Poultry, Dairy Products, Fruits & Vegetables, Processed Food and Others)

6.2.3.     By Target Tested (Pathogens, GMO, Toxins, Pesticides and Others)

6.2.4.     By Region

6.2.5.     By Company

6.3.  Market Attractiveness Index

7.    Vietnam Meat & Poultry Food Safety Testing Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Technology

7.2.2.     By Target Tested

7.2.3.     By Country

7.3.  Market Attractiveness Index

8.    Vietnam Dairy Products Food Safety Testing Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Technology

8.2.2.     By Target Tested

8.2.3.     By Country

8.3.  Market Attractiveness Index

9.    Vietnam Fruits & Vegetables Food Safety Testing Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Technology

9.2.2.     By Target Tested

9.2.3.     By Country

9.3.  Market Attractiveness Index

10.  Vietnam Processed Food Safety Testing Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Technology

10.2.2.  By Target Tested

10.2.3.  By Country

10.3.              Market Attractiveness Index

11.  Price Point Analysis

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Policy & Regulatory Landscape

15.  Vietnam Economic Profile

16.  Competitive Landscape

16.1.              Competition Outlook

16.2.              Company Profiles (Top 10 Companies)

16.2.1.  Bureau Veritas S.A.

16.2.2.  SGS SA

16.2.3.  ALS Limited

16.2.4.  Asurequality Ltd,

16.2.5.  Mérieux Nutrisciences

16.2.6.  Microbac Laboratories

16.2.7.  Intertek Group PLC

16.2.8.  Eurofins Scientific

16.2.9.  TUV SUD AG

16.2.10.                Laboratory Corporation of America Holdings

17.  Strategic Recommendation

Figures and Tables

Frequently asked questions

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Growing public awareness of food quality and safety, stringent government regulations and advancements ion food safety testing technology are driving the demand for the Vietnam Food Safety Testing Market in the forecast period.

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Bureau Veritas S.A., SGS SA, ALS Limited, Asurequality Ltd, Mérieux Nutrisciences, Microbac Laboratories, Intertek Group PLC, Eurofins Scientific, TUV SUD AG, Laboratory Corporation of America Holdings are the leading market players in the Vietnam Food Safety Testing Market.

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Based on technology, the market is divided into traditional and rapid. Rapid technology is expected to hold largest market share in the forecast period as it is highly accurate, precise and have lower turnaround time.

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Based on food tested, the market is divided into meat & poultry, dairy products, fruits & vegetables, processed food and others. Meat & poultry segment is expected to account for a significant market share in the forecast period.

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Sakshi Bajaal

Business Consultant
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