Global Food Mycotoxin Testing Market – Industry Trends and Forecast to 2028

Market Analysis and Insights: Global Food Mycotoxin Testing Market

The food mycotoxin testing market size is expected to show market value of USD 1.5 billion by 2028 and will grow at rate of 7.10% in the forecast period 2021 to 2028. Rise in the product acceptance and usage is the factor responsible for the growth of food mycotoxin testing market in the forecast period of 2021 to 2028.

The mycotoxins are generally found in food, they are naturally occurring toxins produced by certain fungi often under warm and humid conditions. They have toxic effects such as neurotoxicity, immunosuppression, birth defects, irritable skin and irritable skin. It is found in crops, cereals, nuts, spices, dried fruits, apples and coffee beans among others. The conventional food processing techniques cannot destroy them so the food samples are generally taken straightaway from the farm.

The demand for safe and healthy food, surging concerns related to food safety coupled with surging incidences of improper sanitation/processing conditions, food-borne illness and cases of mycotoxicosis outbreaks are major factors contributing for growth in market. Additionally, the growth in consumer awareness and the government and regulatory bodies across the world have made testing of food ingredients mandatory which are estimated to contribute to growth of the food mycotoxin testing market. However, the scarce food control infrastructure due to factors such as limited resources, limited technology and poor management in many developing countries is estimated to obstruct the overall growth of the market.

Moreover, the increase in international trade and its usage in pharmaceutical industry are estimated to further generate new opportunities for the market in the forecast period of 2021 to 2028. The customers’ lack of awareness about the quantity required for mycotoxin testing can challenge the market’s growth because the lack of standardization in sample collection or inappropriate collection affects the results which can impact the market negatively.

This food mycotoxin testing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on food mycotoxin testing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Food Mycotoxin Testing Market Scope and Market Size

Food mycotoxin testing market is segmented on the basis of product, technology and pathogen. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of product, the food mycotoxin testing market is segmented into cereals, grains and pulses, milk and milk products, meat, poultry, and seafood, nuts, seeds, spices, fruits and vegetables and others.
• On the basis of technology, the market is segmented into chromatography and spectroscopy based and immunoassay based. The chromatography and spectroscopy based segment is further sub-segmented into high-performance liquid chromatography (HPLC), GC, LC, coupled chromatography and tandem spectrometry.
• On the basis of pathogen, the market is segmented aflatoxins, ochratoxin, fumonisins, zearalenone, deoxynivalenol, trichothecenes, patulin, fusarium toxins and others. The others include sterigmatocystin, alkaloids, cyclopiazonic acid and citrinin.

Food Mycotoxin Testing Market Country Level Analysis

Food mycotoxin testing market is analyses and market size, volume information is provided product, technology and pathogen as referenced above.

The countries covered in the food mycotoxin testing market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Europe dominates the market due to high awareness related to food security, stringent food safety regulations in the countries which results in high amount of food mycotoxin testing within the region. Asia- Pacific, on the other hand is projected to show lucrative growth due to growing increased per capita income of consumers, increasing population and it is also the biggest food manufacturer which are significant drivers for the food mycotoxin testing market.

The country section of the food mycotoxin testing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Food Mycotoxin Testing Market Share Analysis

Food mycotoxin testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facility, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to food mycotoxin testing market.

The major players covered in the food mycotoxin testing market report are Bureaus Veritas,  Fera Science Limited (“Fera”), Symbio Laboratories, Intertek Group plc, Eurofins Scientific, NEOGEN Corporatio, EnviroLogix, TÜV SÜD, VICAM, Waters Corporation., SGS SA, SYNLAB International GmbH, R J Hill Laboratories Limited, Japan Food Research Laboratories, Soft Flow Ltd, TLR International Laboratories, Deltamune, MÉRIEUX NUTRISCIENCES TESTING SERVICES, QIMA, Certified Laboratories, Romer Labs Division Holding GmbH, OMIC USA Inc., and AsureQuality, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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