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Stock impact report

Food Safety Testing Industry Overview 2024: Market to Reach $25 Billion by 2025 - Technological Advancements Such as AI and ML are Revolutionizing this Essential Industry [Yahoo! Finance]

Neogen Corporation (NEOG) 
Last neogen corporation earnings: 3/24 08:45 am Check Earnings Report
US:NASDAQ Investor Relations: neogen.com/en/investor-information
Company Research Source: Yahoo! Finance
This report reviews, analyzes and projects the global Food Safety Testing market for the period 2021-2030 in terms of value in US$ and the compound annual growth rates (CAGRs) projected from 2024 through 2030. The Food Safety Testing market is dominated by meat, poultry & seafood segment, accounting for a share of 30.7% of the overall global market estimated at US$7.3 billion in 2024. Further, this segment is anticipated to post the above average CAGR of 6.9% over the 2024-2030 analysis period. The overall food safety testing market globally estimated to reach nearly US$24 billion in 2024 and a forecast slightly exceeding US$25 billion in 2025. According to the World Health Organization (WHO), approximately 600 million people (nearly 1 in 10 globally) fall ill from eating contaminated food, and 420,000 people die annually from foodborne illnesses. Access to clean, safe, and sustainable food is essential for human health. To ensure the safety of the food supply, the food industry Show less Read more
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