About Food Allergen Testing
The global Food Allergen Testing market is expected to witness high demand in the forecasted period due to an increase in processed meal demand along with the rise in health consciousness. Food allergy has emerged as a serious public health concern. Children are the most vulnerable population group to food allergy. they are also two to four times more vulnerable to other allergic conditions, such as asthma or eczema. Peanuts, tree nuts and fish are some of the common allergenic foods causing frequent allergies.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The global market of the food allergen testing is highly dynamic and intensely competitive with key players looking for greater market penetration, especially in the developed markets where the regulatory compliance is strictest and the public awareness regarding food allergens is also high. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Food Allergen Testing market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Intertek Group plc (United Kingdom), TUV SUD SPB Pte. Ltd. (Singapore), Eurofins Scientific (Luxembourg), Merieux NutriSciences (United States), ALS Limited (Australia), Asurequality Ltd. (New Zealand), Neogen Corporation (United States), Romer Labs Diagnostic GmbH (Austria), SGS S.A. (Switzerland) and Microbac Laboratories, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Food Allergen Testing market by , Application (Meat and Poultry, Dairy, Fruits and Vegetables, Processed Foods, Crops and Others) and Region.
On the basis of geography, the market of Food Allergen Testing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Technology, the sub-segment i.e. HPLC-based will boost the Food Allergen Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Peanut & Soy will boost the Food Allergen Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Increasing Number of Allergic Reactions in Consumers and Increase in Application Outlook in the Bakery Industry
Market Growth Drivers:
The Growing Awareness Regarding the Safety of Food Products and Growing Consumer Demand for Fresh and Suitable Products
Restraints:
Stringent Government Regulations Regarding Food Allergen Testing
Opportunities:
Confectionery & bakery products are witnessing the highest gains in the meal sector. Increasing confectionery product demand has led to a rise in quality check procedures, thereby stimulating food allergen testing market size. Rising dark chocolate demand by the consumers have impacted the industry growth.
Market Leaders and their expansionary development strategies
In April 2022, Mérieux NutriSciences, a global leader in food safety, quality, and sustainability, has acquired of Hortec Pty Ltd ('Hortec') in South Africa and Laboratorios Bromatológicos Araba, S.A. ('Aralab') in Spain. Hortec Pty Ltd is specialized in testing for pesticide residues in fresh produce and other undesirable or regulated residues in various food commodities, while Laboratorios Bromatológicos Araba, S.A. is known for comprehensive microbiology, chemistry, and consulting services.
In May 2023, Metropolis has launched AI-powered allergy component testing for various allergy types. Through this molecular component-based allergy diagnostic test, the allergen sensitisation of a patient can be mapped at the protein level, allowing for better identification and characterisation of the specific molecules that trigger the allergic reactions.
Key Target Audience
Food Allergen Testing Providers, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.