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October 30, 2024 | Insights

Food Safety Market Report

Bowen has released its Food Safety Market Report, which focuses on historical challenges in the food industry, new innovations coming to market, and the M&A landscape. The report leverages Bowen’s industry expertise and in-depth M&A knowledge to analyze the Food Safety industry and identify areas of opportunity. 

MARKET OVERVIEW

  • The food safety industry has seen consumer demand and regulatory pressure drive significant growth, pushing companies to adopt advanced testing and safety mechanisms
  • Traditional treatment methods often raise significant quality concerns, driving the demand for organic solutions that ensure food safety while preserving product quality
    • Some food categories do not yet have adequate treatment solutions, leaving room for new market entrants to provide effective, organic treatment methods
  • Implementing safe farming practices is essential for minimizing contamination risks, focusing on water quality, soil management, and hygiene to prevent food safety issues
  • The financial impact and reputational damage of food safety incidents can lead to significant losses for the company found responsible
  • Consolidation is occurring in the food safety industry, with many strategics and private equity firms searching for food safety solutions to add to their portfolio

The report digs deeper into these trends and the food safety sector, highlighting industry trends, recent transactions, and market outlooks. Below is a breakdown of some of the key topics covered in the report:

  • Food Safety Market Overview
    • Market Size
    • U.S. Food Recalls & The Costs Associated
    • Regulatory Landscape
    • Impediments to Widespread Food Safety
  • Food Safety in Agriculture
    • Good Agricultural Practices (GAPs)
    • Pest Control 
    • Risk Trends for Top Food Categories
  • Food Safety Treatment Methods
    • Traditional Manufacturing Treatments
    • New Treatment Methods
    • Food Categories Facing Challenges
  • M&A Landscape
    • M&A Activity
    • Market Consolidation
    • Select Strategic Acquirers & Financial Investors

Download the full report.

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