Mycotoxin And Food Testing Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Mycotoxin And Food 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 Geography  

 

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Report

Description

Mycotoxin And Food Testing Market size was valued at USD x billion in 2021 and is projected to reach USD x billion by 2028 at a CAGR of 11.5% during the forecast period 2022 to 2028. The mycotoxin and food testing market are driven the wide range of its applications in cosmetic industry. The growing demand of bioethanol, rising mycotoxins production owing to humid atmospheric conditions and stringent government regulations regarding food safety, rapidly rising in the food & beverage industry, rise in the consumption of animal products are the few factors driving the growth. In October 2019, SGS announced the expansion of its new food microbiological testing lab in Unite States. The 2,000 sq. ft. microbiological testing facility utilizes an information technology platform to offer food producers, manufacturers, and suppliers with a broad spectrum of testing services across every food category. However, Lack of food control infrastructure & instrumentation in emerging countries hampers the Mycotoxin and Food Testing market. Several moulds that are typically found on agricultural products, when eaten by humans or animals it produces toxic effect. They can produce chemical compounds that are toxic. Mycotoxins are chemical metabolites that are derived from the words “myco” (fungus) and “toxin” (poison). In 2021, the Aflatoxin had a significant market revenue and from 2022 to 2028, it is predicted to increase at a substantial CAGR. In March 2019, SGS announced the expansion of its new food microbiological testing lab in United States. The microbiological testing facility is of 2,400 sq. ft. This expansion is aimed at expanding geographical coverage and its global network of agriculture and food labs

Mycotoxin and Food Testing Market

MARKET SUMMARY
-
11.5%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 11.5%
  • Largest Market– North-America
  • Fastest Growing Market– Asia Pacific

Mycotoxin And Food Testing Market

  • The report on global mycotoxin and food testing market gives historical, current, and future market sizes (US$ Bn) on the basis of type, sample, technology, and geography.
  • The mycotoxin and food testing market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa
Key Players
  • SGS SA
  • Eurofins Scientific SE
  • Alta Bioscience
  • Romer Labs Division Holding GmbH
  • Charm Sciences, Inc.
  • Intertek Group plc.
Mycotoxin And Food Testing Market

DRIVERS AND RESTRAINTS

Mycotoxin and Food 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.


North-America Got Significant Share

Mycotoxin And Food Testing Market

North America is predicted to have the largest share of the Mycotoxin and Food Testing market by 2027, and it is expected to grow at a rapid pace in the following years. The increasing awareness of health effects due to mycotoxin in cereals, grains & pulses and growing investment are propelling the mycotoxin and food testing market in the North American region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

Mycotoxin And Food 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

Company Profile

  • SGS SA
  • Eurofins Scientific SE
  • Alta Bioscience
  • Romer Labs Division Holding GmbH
  • Charm Sciences, Inc.
  • Intertek Group plc.
  • Trilogy Analytical LaboratoriesR-Biopharm AG
  • ELISA Technologies, Inc.
  • EMSL Analytical, Inc
  • Belcosta Labs, Inc.
  • ALS Limited

Description

Mycotoxin And Food Testing Market size was valued at USD x billion in 2021 and is projected to reach USD x billion by 2028 at a CAGR of 11.5% during the forecast period 2022 to 2028. The mycotoxin and food testing market are driven the wide range of its applications in cosmetic industry. The growing demand of bioethanol, rising mycotoxins production owing to humid atmospheric conditions and stringent government regulations regarding food safety, rapidly rising in the food & beverage industry, rise in the consumption of animal products are the few factors driving the growth. In October 2019, SGS announced the expansion of its new food microbiological testing lab in Unite States. The 2,000 sq. ft. microbiological testing facility utilizes an information technology platform to offer food producers, manufacturers, and suppliers with a broad spectrum of testing services across every food category. However, Lack of food control infrastructure & instrumentation in emerging countries hampers the Mycotoxin and Food Testing market. Several moulds that are typically found on agricultural products, when eaten by humans or animals it produces toxic effect. They can produce chemical compounds that are toxic. Mycotoxins are chemical metabolites that are derived from the words “myco” (fungus) and “toxin” (poison). In 2021, the Aflatoxin had a significant market revenue and from 2022 to 2028, it is predicted to increase at a substantial CAGR. In March 2019, SGS announced the expansion of its new food microbiological testing lab in United States. The microbiological testing facility is of 2,400 sq. ft. This expansion is aimed at expanding geographical coverage and its global network of agriculture and food labs

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