KSA Food Safety Market Outlook to 2028

KSA Food Safety Market Overview

The KSA Food Safety Market has experienced notable growth, this is reflected by Global Food Safety Market reaching a valuation of USD 22.7 billion in 2023. This growth is driven by increasing consumer awareness regarding foodborne illnesses, stringent government regulations, and the rising demand for quality and safe food products.

Key players in the KSA food safety market include: Bio-Rad Laboratories, Thermo Fisher Scientific Inc., Neogen Corporation, Merieux Nutri Sciences, and Eurofins Scientific. These companies play a crucial role in providing advanced food safety solutions, including testing kits, diagnostic instruments, and services.

In June 2022, Eurofins Scientific, a global leader in food testing, announced the acquisition of a majority stake in Ajal Laboratories in Saudi Arabia with an aim to deliver comprehensive food safety solutions across the Kingdom of Saudi Arabia.

KSA Food Safety Current Market Analysis

Innovations in food safety testing, such as real-time PCR and next-generation sequencing, are enhancing the accuracy and efficiency of food safety assessments. Real-time PCR offers high specificity, extremely rapid turnaround times, and the flexibility to assay for multiple pathogens simultaneously.

The food safety market significantly impacts public health by reducing the incidence of foodborne illnesses. It also enhances the reputation of food brands by ensuring the quality and safety of their products, thereby fostering consumer trust and loyalty.

The Central Region of Saudi Arabia, particularly Riyadh, dominates the food safety market due to its dense population, high concentration of food processing units, and stringent enforcement of food safety regulations. The concentration of these facilities in Riyadh facilitates efficient implementation and monitoring of food safety standards.

KSA Food Safety Market Segmentation

By Testing Technologies: KSA Food Safety Market is segmented by End User into Testing services, Certification services, and Inspection services. In 2023, testing services are crucial and significant as they identify potential hazards and contaminants in food products, ensuring they meet safety standards. The rise in foodborne illnesses and stringent regulations have increased the demand for these services, solidifying their market leadership.

By End User: KSA food safety market is segmented by end-user into food manufacturers, food service providers, and regulatory agencies. In 2023, Food manufacturers accounted for the largest market share due to their need to comply with stringent food safety regulations and maintain high-quality standards and they also prioritize food safety to prevent contamination and ensure consumer trust, making them the largest end-user segment.

By Region: The KSA food safety market is segmented by region into North, South, East, and West. In 2023, Northern region, held the highest market share due to the concentration of food processing companies and regulatory bodies. The presence of advanced testing laboratories and strict enforcement of food safety regulations and leading food safety service providers also contributes to the region's market leadership contributes to the region's market leadership.

KSA Food Safety Market Competitive Landscape

Major Players

Establishment Year

Headquarters

Bio-Rad Laboratories

1952

California, USA

Thermo Fisher Scientific

2006

Massachusetts, USA

Neogen Corporation

1981

Michigan, USA

Merieux Nutri Sciences

1967

Chicago, USA

Eurofins Scientific

1987

Luxembourg

Bio-Rad Laboratories: Bio-Rad Laboratories, Inc., headquartered in Hercules, California, is a publicly-traded American company with a market capitalization exceeding $7.8 billion as of July 2024. Its products are extensively used in hospitals, medical testing laboratories, universities, pharmaceutical factories, and biotechnology laboratories.

Neogen Corporation: Neogen is a publicly-traded company specializing in food and animal safety solutions, offering over 8,000 products and services, including food safety testing kits and animal genomics services. In 2022, Neogen launched its Sustainability Solutions division to support clients' sustainability initiatives.

Eurofins Scientific: Eurofins Scientific is a global leader in food safety testing, providing over 200,000 analytical methods to ensure the quality and safety of food products. In September 2022, the company launched its Sustainability Solutions to help clients meet their sustainability goals.

KSA Food Safety Industry Analysis

KSA Food Safety Market Growth Drivers

Technological Advancements in Food Safety Testing: Technological advancements like real-time PCR and next-generation sequencing (NGS) have greatly improved the accuracy and efficiency of food safety testing. Real-time PCR, widely adopted in the food industry, is valued for its speed, sensitivity, and ease of use, making it essential for detecting foodborne pathogens, allergens, and GMOs.

Expansion of the Food Processing Industry: The food processing industry in KSA has been expanding rapidly, supported by the government's Vision 2030 initiative, which aims to diversify the economy and promote the food and beverage sector. This growth has been particularly significant in the dairy and meat processing sectors.

Emphasis on Public Health and Safety: The Saudi government's focus on public health and safety has prioritized the importance of food safety as a key pillar of sustainable development. This emphasis has driven investments, research, and initiatives to strengthen the country's food safety infrastructure and capabilities.

KSA Food Safety Market Challenges

High Costs of Advanced Food Safety Testing Equipment: The cost associated with acquiring and maintaining advanced food safety testing equipment poses a significant challenge for small and medium-sized enterprises (SMEs) in KSA. This financial burden restricts SMEs from investing in these technologies, limiting their ability to adopt comprehensive food safety measures.

Lack of Skilled Professionals: There is a notable shortage of trained food safety professionals in KSA, which impedes the effective implementation of stringent food safety protocols across the industry. The shortage of skilled professionals not only hampers compliance with regulatory standards but also poses challenges in maintaining consistent food safety practices.

Weak Application of Risk Analysis: KSA faces issues with the weak application of risk analysis frameworks like Hazard Analysis and Critical Control Points (HACCP) in the food industry. There is a shortage of training programs and qualified personnel to provide the necessary education and support for HACCP implementation in the KSA food industry.

KSA Food Safety Market Government Initiatives

Saudi Green Initiatives (SGI): Launched in 2021, this program encompasses 77 initiatives representing an investment of more than $186 billion are focused on ensuring quality of life for future generations, including efforts to increase local agricultural productivity and reduce reliance on imported food.

Investments in Testing Capabilities: The government has invested in improving the technical capabilities and training of food inspectors to conduct more robust on-site and laboratory testing of food products. For instance, the Agricultural Development Fund (ADF) has approved funding worth 1.5 billion SAR to support small farm production of vegetables, fish, and poultry

KSA Food Safety Market Future Outlook

By 2028, the KSA food safety market is projected to experience high speed growth, driven by continuous advancements in food safety technologies and increasing government initiatives. The adoption of blockchain for traceability, AI for predictive analytics, and Io T for real-time monitoring are expected to revolutionize food safety practices.

Future Trends:

Blockchain Adoption: By 2028, KSA with the help of promising technology is expected to enable end-to-end supply chain traceability. Food producers and retailers in KSA can also leverage blockchain to build trust with consumers and differentiate their offerings, especially for organic products, integration of blockchain with Io T (Internet of Things) sensors and AI (Artificial Intelligence) technologies enables advanced analytics and predictive capabilities.

Shift towards Eco-Friendly Packaging: Government’s enactment of green laws to promote sustainable packaging options, will be driving the shift in the KSA food industry. Consumers will also be opting for reusable packaging and seeking out products with environmentally friendly packaging. A significant 77% of global businesses are to be committed to adopt more sustainable packaging practices.
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