Mycotoxin Testing Market Size, Share, Growth, Trends, and Global Industry Analysis: By Technology (Service (HPLC, LCMS, Others), Immunoassay/ Test Kits (ELISA, Rapid LDF)), By Mycotoxin Type (Deoxynivalenol, Ochratoxins, Fumonisins, Aflatoxin, Trichothecenes, Zearalenone, Patulin, T2, HT2 Toxins, Citrinin, Others), By Sample (Food (Meat & Poultry, Dairy, Fruits & Vegetables, Processed Food, Others), Feed (Cereals and cereal by-products, Seeds and seed products, Forage and silage, Others)), By End User (Mycotoxin Testing Laboratories, Food Companies) and Region

Mycotoxin Testing Market size was valued at US$ 1,475.36 million in 2023 and is expected to reach US$ 2,487.77 million by 2030 at a CAGR of 7.81 % from 2024-2030. Moreover, the U.S. Global mycotoxin testing market is projected to grow significantly, reaching an estimated value of US$ 418.89 Million by 2030.

Mycotoxin testing is becoming important as food safety rules, worldwide trade, and consumer awareness grow. To protect public health, regulatory organizations in many regions impose strict restrictions on mycotoxin levels in food and feed products, as mycotoxin exposure can cause serious health problems such as cancer and immunosuppression. Major regulatory frameworks, such as those established by the European Food Safety Authority (EFSA) and the Food and Drug Administration (FDA), emphasize the necessity of regular mycotoxin monitoring, resulting in increased demand for precise and reliable testing technology. Furthermore, worldwide trade needs extensive quality tests to ensure compliance with international standards, as contaminated shipments can result in financial losses from rejected exports or recalls.

Technological improvements in mycotoxin detection, such as the development of high-performance liquid chromatography (HPLC) and liquid chromatography-mass spectrometry (LC-MS/MS), are propelling the market for testing. These solutions provide faster, more accurate, and high-throughput testing, which aligns with industry requirements for efficiently managing huge sample numbers. Innovations in testing technology contribute to lower detection limits and increased specificity, allowing mycotoxin analysis at even trace quantities. These advancements help food producers achieve their goals of maintaining transparency and consumer trust by adapting to consumer expectations for safer, traceable products free of dangerous toxins.

Key Players

The global market size is inclusive of several food ingredients companies such as Bureau Veritas S.A, Intertek Group Plc, SGS SA, ALS Limited, Eurofins, Libios, Symbio Laboratories, Merieux Nutrisciences, Romer Labs, Neogen, Charm’s Science among others.

Key Takeaways

• Based on Technology, Service segment holds the Significantly 52.3% market share. Following That Immunoassay holds 47.7% Market share.
• Based on Mycotoxin type, Zearalenone segment holds the 23.7% market share
• Based on Sample, Food holds the largest market share around 82.6 %

Facts & Figures

• In fact, among mycotoxins, aflatoxins remain the most widely monitored, with a substantial share in the market due to their high prevalence in staples such as maize and nuts. This focus on aflatoxins reflects the severe health risks and carcinogenicity associated with these toxins
• Chromatography and spectroscopy-based methods, including HPLC and LC-MS/MS, are gaining traction in the market due to their precision in detecting complex toxin mixtures in food and feed. This segment is expected to grow faster than immunoassay-based methods, particularly due to its applications in detecting mycotoxins at low concentrations

List of Instances in Food Ingredient Market

• In 2023, ImagoAI, Inc. launched a cost-effective quick mycotoxin test for corn mycotoxins and silage, providing results in 30 seconds. This unique test uses advanced hyperspectral imaging and artificial intelligence to detect many mycotoxins in a single examination.
• In December 2020, SGS SA acquired Synlab Analytics & Services, which has its headquarters in Munich, Germany. This expansion increased the company's global presence in key strategic priority areas such as environment, food, life sciences, and oil condition monitoring.
• In December 2019, ALS Limited acquired Aquimisa Group, a Portuguese firm delivering testing services. Aquimisa Group specializes in supplying food testing services throughout Southern Europe.

Key Developments

• In October 2024, Bureau Veritas announced that it has entered into an agreement to sell its food testing business, which generated EUR 133 million in revenue in 2023, to Mérieux NutriSciences for an enterprise value of EUR 360 million. The transaction is expected to result in net proceeds of approximately EUR 290 million. This divestment aligns with Bureau Veritas' active portfolio management strategy, supporting the Group’s LEAP | 28 plan. By 2028, the company aims to focus on key markets where it seeks to achieve leadership and top performance positions.
• In October 2019, SGS stated that it would expand its new food microbiological testing lab in Fairfield, New Jersey, USA. The 2,000-square-foot microbiological testing facility uses an information technology platform to offer a variety of testing services to food producers, manufacturers, and suppliers from all food categories.
• In September 2021, Ringbio, a developer of drug residue test kits for dairy milk, introduced iQuanti, a quantitative quick test kit for mycotoxins.

Mycotoxin Testing Market Segmentation

By Technology: In Technology, Services hold significant share around 52.3 %. HPLC and LC-MS technologies are favored because they can identify mycotoxins at extremely low concentrations, making them critical for meeting demanding global safety regulations. These approaches provide great accuracy in identifying pollutants such as aflatoxin, fumonisins and deoxynivalenol, which are especially dangerous to human health even in trace concentrations. This precision is critical since regulatory bodies globally establish severe limitations on mycotoxin levels in food and feed products, forcing enterprises to adopt these reliable procedures for their routine testing needs

By Mycotoxin Type: Zearalenone is the most common mycotoxin due to its ubiquity in grains and its estrogenic properties, which pose substantial hazards, especially in cattle feed. This is followed by deoxynivalenol, another important pollutant that is frequently found in wheat and corn, necessitating ongoing monitoring to protect human and animal health. Extensive testing for mycotoxins necessitates improved detection systems capable of properly quantifying even low quantities in diverse samples

By Sample: Within sample type, food has a larger percentage than feed around 82.6%, as consumer safety and high regulations for human food necessitate regular testing. Feed testing is crucial for animal safety, whereas food testing prioritizes consumer health, leading to increased need for mycotoxin detection in food products.

By End User: Mycotoxin testing labs has a significant share around 58.8%. Due to their high precision and regulatory compliance requirements, dedicated mycotoxin testing laboratories use HPLC and LC-MS to deliver services to the food and feed industries. Testing labs outperform food corporations in this regard because they require sophisticated technology and knowledge to examine complicated samples. The broad adoption of these labs is fuelled in part by the growing number of food safety laws, which have created a market demand for frequent testing across a wide range of food and feed samples.