Mycotoxin Testing Market is estimated to witness surging demand at a CAGR of 7.2% by 2029
Published: 2023-05-23 05:20:28

The mycotoxin testing market was valued at 865.63 million in 2021 and is expected to reach the value of USD 1509.70 million by 2029, at a CAGR of 7.2% during the forecast period of 2022 to 2029

The mycotoxin testing market analysis report presents the company profile, product specifications, capacity, production value, and market shares for each company for the forecast period. It identifies and analyses the emerging trends along with major drivers, inhibitors, challenges, and opportunities in the Food & Beverage industry. This market research report is generated with a combination of steps that uses a nice blend of industry insights, practical solutions, and the latest tools and technology. The winning mycotoxin testing market report forecasts the size of the market with information on key vendor revenues, development of the industry by upstream and downstream, industry progress, and key companies, along with market segment type and market application.

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This Market Intelligence Report Analyses Some of the Most Crucial Concerns:

How will the major segments of this international market develop over the next few years?
Who are the major players that will dominate the market in the future?
When it comes to this industry, who are the top suppliers and producers?
How have the most successful companies in the industry planned for future growth and expansion?
In what sectors might we expect to see the greatest increase in demand over the coming years?
How many distinct subsets of buyers make up this market?
Which regional powerhouse do you foresee as becoming the largest player in the international market?
Does a new coronavirus pandemic have any consequences?
In what ways are established actors stymied by the entry of newcomers, and how may they be overcome?

Market Analysis and Size

According to the Food and Agriculture Organization of the United Nations (FAO) nearly 25% of the world's food contains mycotoxins, which are toxic secondary metabolites of melds.
There are approximately 400 known species of mycotoxins of various chemical compound classes, with 25 being quite common due to their frequency of occurrence. With the world's population growing, the demand for food is increasing, necessitating a greater emphasis on mycotoxin testing.
Data Bridge Market Research analyses that the mycotoxin testing market was valued at 865.63 million in 2021 is expected to reach the value of USD 1509.70 million by 2029, at a CAGR of 7.2% during the forecast period of 2022 to 2029.

Global Mycotoxin Testing Market Scope

The mycotoxin testing market is segmented on the basis of type, product type, technology, sample and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type
Aflatoxins
Ochratoxins
Fusarium toxins
Deoxynivalenol
Patulin
Cyclopiazonic acid
Ergot alkaloids
Citrinin
Sterigmatocystin
Alternaria
T-2 toxin
Others
On the basis of type, the mycotoxin testing market is segmented into aflatoxins, ochratoxins, fusarium toxins, deoxynivalenol, patulin, cyclopiazonic acid, ergot alkaloids, citrinin, sterigmatocystin, alternaria, t-2 toxin and others.
Product type
Devices
Reagents & kits
Services
On the basis of product type, the mycotoxin testing market is segmented into devices, reagents & kits and services.
Technology
Chromatography based
Immunoassay-based
Lateral flow assay based
Spectroscopy based
Others
On the basis of technology, the mycotoxin testing market is segmented into chromatography based, immunoassay-based, lateral flow assay based, spectroscopy based and others.
Sample
Food & beverages
Feed
Pharmaceuticals
Others
On the basis of the sample, the mycotoxin testing market is segmented into food & beverages, feed, pharmaceuticals, and others.
End-user
Research lab
Research institutes
Food testing industries
Others

 

Mycotoxin Testing Market Regional Analysis/Insights

The mycotoxin testing market is analyzed and market size insights and trends are provided by country, type, product type, technology, sample and end-user as referenced above.

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

Competitive Landscape and Mycotoxin Testing Market Share Analysis

The 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 facilities, 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 mycotoxin testing market.

Key words

Some of the major players operating in the mycotoxin testing market are:

SGS (Switzerland)
Bureau Veritas (France)
Eurofins Scientific (Luxembourg)
Intertek Group plc (UK)
Mérieux NutriSciences Corporation (US)
ALS Limited (Australia)
Neogen (US)
AsureQuality (New Zealand)
Charm Sciences (US)
Premier Analytical Services (UK)
Dairyland Laboratories (US)
Bio-Check (UK)
AES Laboratories (India)
IEH Laboratories and Consulting Group (US)
Envirologix Inc. (US)
EMSL Analytical, Inc. (US)
Krishgen Biosystems (US)

 

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MAJOR TOC OF THE REPORT

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Chapter Six: Global Mycotoxin Testing Market

 

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