Europe Mycotoxin Testing Market: By Type (Aflatoxin, Deoxynivalenol, Ochratoxins, Fumonisins, Trichothecene, Zearalenone, Patulin, and Others) By Sample, (Food (Cereals, grains, and pulses, Milk and milk products, Meat, poultry, and seafood, Nuts, seeds, and spices, Fruits and vegetables, and Others), Feed (Cereals and cereal by-products, Seeds and seed products, Forage and silage and Others), By Technology, (Chromatography- & spectroscopy-based and Immunoassay-based) and Country  

The Europe Mycotoxin Testing Market size was valued at US$ 242.9 million in 2023 and is poised to grow at a high CAGR of 11.3% from 2024 to 2030 to reach US$ 513.9 million by 2028. Food rules are getting more stringent in Europe, and producers are being held to a higher standard, exposing various attempts to deceive customers. As a result, the European Union's Administrative Assistance and Cooperation System Food Fraud (AAC-FF), introduced in 2015, dedicates an IT tool that allows members of the EU Food Fraud Network to share information on non-compliances and potential intentional violations of EU Agri-food chain legislation.

As a result, Europeans, particularly Italians, have a higher proclivity to pay a higher average price for items that claim to have lower mycotoxin levels, underlining the need for food safety testing. For instance, However, the lack of standardization in collecting samples and the lack of infrastructure development in emerging countries hampers the Mycotoxin Testing Market. The Mycotoxin Testing Market is surging owing to frequent acquisitions and launchings by the market players. Strategic alliances by the players such as acquisitions, mergers, expansions and new product launches may enhance the company's growth. 

Europe Mycotoxin Testing Market Key Developments:

In October 2020, Eurofins Scientific developed a novel method for identifying fructans in infant formulae and adult nutrition in partnership with Nestle Research (Lausanne, Switzerland). The approach has been given official standard status by the key standardization bodies, including the AOAC, ISO, CEN, and IDF.