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New Zealand Food Testing and Certification Market is expected to grow at a CAGR of 7.97 % during the forecasting period (2020-2027).

Syndicated report on "New Zealand Food Testing and Certification Market – Size, Share and Forecast (2020-2027)" has been added to DataM Intelligence’s product offering.

2021-06-11

New Zealand Food testing and certification market valued USD 438.48 million in 2019 and is estimated to reach USD XX million by 2027, growing at a CAGR of 7.97% during the forecast period (2020-2027).

Food testing and certification has been an essential part of the food safety ecosystem in New Zealand. Dairy, seafood and meat have been on the forefront of testing services in the country. The increasing adoption of food safety testing operations by food manufacturers coupled with safety and quality consciousness among consumers is the primary factor driving the growth of the food testing and certification market in the country. 

Also, the efforts laid by government bodies to ensure safety of food is promoting testing services. In New Zealand, the Ministry for Primary Industries (MPI) is leading the food safety system and is responsible for the overall food safety in the country. All the regulatory testing services are performed by MPI approved laboratories

The fast paced growth in the food manufacturing and retail service industry is another factor driving the growth of the market. As of 2018, the retail food service in the country reached USD 35 billion and is expected to grow at over 5% in near future. Urbanization, tourism, rising interest for global diverse cuisines are all set to add market growth. Also, New Zealand has been a major exporter of food products to the global markets. The certification programs are supporting exporters and trading partners in gaining trust for safety and quality of their produce.

Market Dynamics

Drivers

  • Rising food safety and quality concerns
  • Stringent food safety regulations

Restraints

  • High cost of certification
  • Lack of awareness related to food safety among the food processors

Rising food safety and quality concerns

The rising health consciousness among consumers and interest towards quality and safety of their diet is the key driving factor for the food testing and certification market in New Zealand. Dairy industry is leading the market growth coupled with high safety requirements for products such as Cheese and Butter. The well-established dairy processing industry in the country has been a major adopter of certification services to promote their products in the global markets

The rapidly growing food industry is also supporting the growth of the food safety testing and certification market. According to MPI statistics, the annual turnover of the food manufacturing industry reached USD 49.4 billion in 2018.

The large food exports from New Zealand is another key driver for the market growth. The exporters of dairy products, meat, honey and wine among other food categories are relying on testing and certification programs to gain trust and premium price for their products

New Zealand has been a major food exporter. The products originated in the country are reputed for their safety and quality across the globe. In 2019, the country exported food products worth USD 32.7 billion representing one of the key export sectors.

Competitive Scenario

New Zealand food testing and certification market is highly competitive and consists of several global players. Although the market is fragmented, the market is dominated by companies such as SGS, Bureau Veritas, Hill Laboratories, AsureQuality and Intertek. Enterprises across industries, like food, utilities, and public sector, are still dependent on in-house testing and certification services. These companies are leveraging on strategic collaborative initiatives to increase their market share and increase their profitability.

Most of these companies are focusing towards acquisition of new testing facilities and companies to widen their range of services. Several global players have acquired or partnered with New Zealand based testing companies to hold foothold in the high growth testing and certification market

In April 2016, AsureQuality partnered with Bureau Veritas to acquired Australian food testing firm Dairy Technical Services (DTS). The acquisition leveraged the testing potential of the companies particularly in the dairy segment

Eurofins acquired New Zealand based Agfirst Bay of Plenty Ltd. in July 2016. Agfirst Bay of Plenty Ltd. was a renowned provider of fruit maturity testing services in the country. Companies are focusing towards gaining various accreditations and technologies with respect to honey testing.  For instance, Analytica is actively involved in research, and development of new honey tests.

Microbiology testing is arranged by Analytica through its partnership with CAIQTEST (Pacific) and Gribbles Dunedin (LABNET). Standard testing methodology suitable to meet international standards such as CODEX are available as well as Chinese National (GB) methods required to meet export requirements for China. 

The Eurofins Laboratory in Nantes has developed a new analytical technique to test different kinds of honey. Developed as part of a collaborative research project, this method significantly improves the detection of adulteration. The technique used is high resolution Nuclear Magnetic Resonance (NMR) profiling. This is an innovative high-throughput technique, providing a wide range of information that is both targeted (quantification of defined substances) and non-targeted (identifying deviations from reference spectra). AsureQuality provides quality assurance services to the apiculture industry, ensuring  bee products comply with food safety and export standards.

Moreover, Laboratory testing of honey is emerging as a significant cost for beekeeping businesses. Many beekeepers that sell honey destined for markets that require official assurance for export eligibility need to pay for tests to be performed at a recognized laboratory. The most common and required tests are for the detection and quantification of the level of tutin in honey, and the confirmation of honey as monofloral or multifloral mānuka honey, or non-mānuka honey.  Other tests routinely undertaken are to determine C4 sugar concentrations and tests for glyphosate levels, and in addition for mānuka honey, industry grading systems such as UMF®, MGO™ or equivalent.

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For more information:

Sai Kiran

Sales Manager at DataM Intelligence

Email: info@datamintelligence.com

Tel: +1 877 441 4866

Website: www.datamintelligence.com

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Sai Kiran
Sales Manager at DataM Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866

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