Global Mycotoxin Testing Market – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Global Mycotoxin Testing Market By Mycotoxin Type (Ochratoxins, Fusarium Toxins, Aflatoxins, Patulin, Others), By Technology (Chromatography Techniques, Mass Spectroscopy techniques, Enzyme Linked Immunosorbent Assay (ELISA), Others), By Application (Food Products, feed Products, Others), By End User (Food and Feed Testing Industries, Research Institutes), and Geography

 

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Report

Description

Global Mycotoxin Testing Market size was valued at USD 947 million in 2021 and is expected to grow at USD 1,338 million by 2028 recording a CAGR of 7.2% during the forecast period 2022-2028. Testing for Mold/mycotoxins in people is a straightforward and typically noninvasive strategy. By and large, just a pee test is required. Testing should likewise be possible on nasal emissions, sputum or tissue biopsy gathered by a doctor. Patients must be alluded to RealTime Labs by a doctor or social insurance proficient. The main consideration that is driving the mycotoxin testing market is the stringent nourishment security controls that have been executed by a few nations. The expansion in the generation of the mycotoxins in the nourishment and feed items is because of the moist environmental conditions. Alternate factors that add to the development of the market are purchaser protests, augmented worldwide exchange, and developing wellbeing worry among buyers. The interest for the fusarium poison is the most extreme in the worldwide market. Fusarium poison is usually found in grains and their results. The components that are expanding the request of the fusarium poison showcase are ascend in the wares exchange and the pollution in grain because of changing climatic conditions. Lack of framework offices, nourishment controller frameworks, and hardware in the creating economies is projectedto obstructthe development speed of the mycotoxins testing market is the real restriction for the worldwide mycotoxin testing market. Aside from developing requirement for nourishment security, this market is driven by damp air conditions, which is prompting mycotoxins creations in sustenance items, for example, oats, bread and treats, dried natural products, herbs and species, drain and dairy items, refreshments, for example, lager and wine, and meat and poultry items. A few governments over the globe have taken a note of the issues caused by mycotoxins and have presented stringent directions for the players in the nourishment and drink industry to take after. As of now, fusarium poison section has the most extreme request, and is relied upon to stay noticeable all through the figure time frame, because of an immense number of fusarium poison predominance in a few sorts of sustenances and expanding nourishment exchange which requires appropriate sullying check before being moved from two areas of various atmospheres.

Mycotoxin Testing Market

MARKET SUMMARY
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7.2% CAGR
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 7.2%
  • Largest Market– Europe
  • Fastest Growing Market– North-America

Mycotoxin Testing Market

  • The mycotoxin testing market gives historical, current, and future market sizes (US$ Mn) of product type and distribution channel and geographic regions.
  • The mycotoxin testing market is segmented based on mycotoxin type, technology, application,end user and geography.
  • Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers engaged in manufacturing and supply of Infant nutrition
Key Players
  • Eurofins Scientific (Luxembourg)
  • Intertek Group Plc (U.K.)
  • Romer Labs Diagnostic GmbH (Austria)
  • Bureau Veritas SA (France)
  • SGS S.A. (Switzerland)
Mycotoxin Testing Market

Dynamics

Increase in the demand for quality food and feed products coupled with rise in international trading drives the global mycotoxin testing market over the forecast years. Moreover, rise in R&D for the innovation of newer tests to identify the mycotoxins, unfavorable environmental conditions results in mycotoxin growth in food and feed products, stringent food safety regulations, and product recalls due to presence of toxic substances are surge the global mycotoxin testing market over the forecast years. However, lack of awareness about the food and feed regulations among the producers, high cost of testing, poor infrastructure facilities and food controller systems in underdeveloping economies, and lack of skilled professionals for advanced technologies are restrain the growth of global mycotoxin testing market.


North-America Got Significant Share

Mycotoxin Testing Market

Geographically, global mycotoxin testing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America mycotoxin testing market is poised to grow due to rise in R&D for the innovation of newer tests, stringent regulations for the feed safety by USFDA, and rise in demand for quality food products are bolster the market. Europe mycotoxin testing market is driving by rise in number of food and feed testing industries in Europe countries, stringent regulations for food safety by EFSA and EU Reference Laboratories (EURLs), increase in international trading for food and feed products, and rise in consumption of packaged food are surge the market. Asia Pacific mycotoxin testing market has prominent share attributed to increase in the agriculture production, rise in international trading from India and China, grow in awareness about the food and feed toxins, and adoption of newer tests and technologies are propel the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Mycotoxin Testing Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • Eurofins Scientific (Luxembourg)
  • Intertek Group Plc (U.K.)
  • Romer Labs Diagnostic GmbH (Austria)
  • Bureau Veritas SA (France)
  • SGS S.A. (Switzerland)
  • Silliker Inc (U.S.)
  • Microbac Laboratories Inc (U.S.)
  • ALS Limited (Australia)
  • AsureQuality Ltd (New Zealand)
  • Symbio Laboratories (Australia)

Description

Global Mycotoxin Testing Market size was valued at USD 947 million in 2021 and is expected to grow at USD 1,338 million by 2028 recording a CAGR of 7.2% during the forecast period 2022-2028. Testing for Mold/mycotoxins in people is a straightforward and typically noninvasive strategy. By and large, just a pee test is required. Testing should likewise be possible on nasal emissions, sputum or tissue biopsy gathered by a doctor. Patients must be alluded to RealTime Labs by a doctor or social insurance proficient. The main consideration that is driving the mycotoxin testing market is the stringent nourishment security controls that have been executed by a few nations. The expansion in the generation of the mycotoxins in the nourishment and feed items is because of the moist environmental conditions. Alternate factors that add to the development of the market are purchaser protests, augmented worldwide exchange, and developing wellbeing worry among buyers. The interest for the fusarium poison is the most extreme in the worldwide market. Fusarium poison is usually found in grains and their results. The components that are expanding the request of the fusarium poison showcase are ascend in the wares exchange and the pollution in grain because of changing climatic conditions. Lack of framework offices, nourishment controller frameworks, and hardware in the creating economies is projectedto obstructthe development speed of the mycotoxins testing market is the real restriction for the worldwide mycotoxin testing market. Aside from developing requirement for nourishment security, this market is driven by damp air conditions, which is prompting mycotoxins creations in sustenance items, for example, oats, bread and treats, dried natural products, herbs and species, drain and dairy items, refreshments, for example, lager and wine, and meat and poultry items. A few governments over the globe have taken a note of the issues caused by mycotoxins and have presented stringent directions for the players in the nourishment and drink industry to take after. As of now, fusarium poison section has the most extreme request, and is relied upon to stay noticeable all through the figure time frame, because of an immense number of fusarium poison predominance in a few sorts of sustenances and expanding nourishment exchange which requires appropriate sullying check before being moved from two areas of various atmospheres.

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX