The Global Food Allergen Testing Market will register an 8.2% cagr in terms of revenue, the global market size will reach us$ 8.870 million by 2027.
According to the World Health Organization, food allergies impact 220-250 million people worldwide. In recent decades, the Food Allergen Testing Market has grown from a niche to a mainstream due to the increasing number of patients suffering from food allergies. Food allergies are estimated to affect 2-4 percent of adults and 6-8 percent of children. Food allergies are more common in children, with at least 15% of allergies identified in adults. Furthermore, government regulations and policies aimed at reducing allergy reactions and their repercussions are propelling the Food Allergen Testing Market forward.
Furthermore, rising public awareness about the safety of food ingredients and products is likely to propel the Food Allergen Testing Market forward. National Efforts Laboratories, EU Reference Laboratories, control laboratories, and the European Academy of Allergy and Clinical Immunology have all worked together to assist food allergies (EAAACI). Consumer complaints and labelling compliance were handled by these agencies, which were also employed to apply safety regulations.
Furthermore, rising health consciousness and increased demand for processed foods are fueling the growth of the Food Allergen Testing Market. Low understanding of labelling regulations, a lack of flood control infrastructure, and developing undeveloped countries, on the other hand, are limiting the expansion of the Food Allergen Testing Market.
Top key players in the Food Allergen Testing market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Food Allergen Testing market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include Neogen, Crystal Chem, SGS, Intertek Group, TUV SUD Psb, ALS Limited, Eurofins Scientific, Merieux Nutrisciences, AsureQuality, Microbac Laboratories, Romer Labs Diagnostic GmbH, Symbio Laboratories, Sciex, Thermofisher and other.
Industry news;
Intertek launches testing strategy for the determination of 57 allergens in cosmetics which is optimised for specificity, efficiency, and accuracy
March 23, 2021.-Chalon sur Saône, FR: Intertek, a leading Total Quality Assurance provider to industries worldwide, is pleased to announce the launch of an advanced analytical testing service to determine allergens in cosmetics which is optimized for greater specificity, efficiency, and accuracy. In Europe, Regulation (EC) N°1223/2009, enforces the obligation to inform consumers of the presence of 24 chemically-defined fragrance substances identified as potential allergens in cosmetic products. Following the publication of the Scientific Committee on Consumer Safety’s document (SCCS/1459/11), it was proposed by industry stakeholders to extend that to 57 fragrance substances. Accurate determination of the levels of these allergens in cosmetics is essential to allow suitable labelling for consumers, however, this testing is highly challenging for these complex sample types.
Market is segmented based on the type, applications, companies and regions.
By type, Food Allergen Testing Market has been segmented into
The end user’s industry application on Food Allergen Testing Market is,
Europe is expected to be one of the fastest-growing areas in the food allergen testing market, owing to stringent policies put in place to ensure high levels of food safety in the region. Peanuts, tree nuts, and fish are some of the most popular allergenic foods in Europe, causing allergies in a large percentage of the population. In Europe, the prevalence of food allergies is unknown. In Europe, the prevalence of food allergies was estimated to be between 3% and 4% in children and adults, respectively. According to the European Academy of Allergy and Clinical Immunology, more than 17 million Europeans have a food allergy, and hospital admissions for severe responses in children have increased sevenfold in the last decade.
North america
The Food Allergen Testing market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The global Food Allergen Testing market report also conducted a pestel analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report attributes | Report details |
Report title | Food Allergen Testing Market - global growth, trends and forecast (2022 - 2027) by types, by application, by regions and by key players: Neogen, Crystal Chem, SGS, Intertek Group, TUV SUD Psb, ALS Limited, Eurofins Scientific |
Forecast period 2022 to 2028 cagr | Cagr of 8.2% over the forecast period (2022-2027) |
By type |
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By application |
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By companies | Neogen, Crystal Chem, SGS, Intertek Group, TUV SUD Psb, ALS Limited, Eurofins Scientific, Merieux Nutrisciences, AsureQuality, Microbac Laboratories, Romer Labs Diagnostic GmbH, Symbio Laboratories, Sciex, Thermofisher |
Regions covered |
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Countries covered |
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Base year | 2022 |
Historical year | 2017 to 2021 |
Forecast year | 2022 to 2027 |
Number of pages | 122 |
Customization available | Yes, the report can be customized as per your needs |
What is the study period of this Market?
The Food Allergen Testing market is studied from 2017 - 2027.
What is the growth rate of Food Allergen Testing Market?
The Food Allergen Testing market is growing at a cagr of 8.2% over the next 5 years.
Who are the key players in Food Allergen Testing Market?
Neogen, Crystal Chem, SGS, Intertek Group, TUV SUD Psb, ALS Limited, Eurofins Scientific, Merieux Nutrisciences, AsureQuality, Microbac Laboratories, Romer Labs Diagnostic GmbH, Symbio Laboratories, Sciex, Thermofisher
What regions does this Food Allergen Testing Market report covers?
North america (the United States, canada, and mexico)
europe (germany, france, uk, russia, and italy)
asia-pacific (china, japan, korea, india, and southeast asia)
south america (brazil, argentina, colombia, etc.)
The middle east and africa (saudi arabia, uae, egypt, nigeria, and south africa)
What are the significant types of Food Allergen Testing Market?
Polymerase Chain Reaction (PCR)-based, Immunoassay-based/ELISA, Others
What are the major end-use applications of the Food Allergen Testing Market?
Bakery & Confectionery, Infant Food, Processed Food, Dairy Products & Its Alternatives, Seafood & Meat Products, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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