Europe to Dominate Mycotoxin Testing Market through 2025
Increase in instances of
foodborne illness due to mycotoxin contamination to drive the growth of global mycotoxin
testing market
According
to TechSci Research report, “Global
Mycotoxin
Testing Market By Type (Aflatoxins, Ochratoxin,
Fumonisins, Zearalenone, deoxynivalenol, Trichothecenes, Patulin, Others), By Sample
(Feed & Food), By Technology (Chromatography- & Spectroscopy-Based
Vs Immunoassay-Based), By Region, Forecast & Opportunities, 2025”, global
mycotoxin testing market is expected to witness robust CAGR during the forecast
period. Increasing population across the globe is leading to growing demand for
food, which in turn makes it obligatory to emphasize more on mycotoxin testing,
thereby accounting for the growth
of global mycotoxin testing market. Moreover, growing health consciousness
among consumers is further expected to bode well for the growth of global mycotoxin
testing market through 2025. In addition to this, changing atmospheric
conditions is leading to the production of mycotoxin in food products such as
cereals, dried fruits, bread and cookies, herbs and species, milk and dairy
products, beverages such as beer and wine, among others, which in turn is expected
to positively influence the growth of global mycotoxin testing market in the
years to come. Also, governments all around the globe are taking initiates to
resolve the issues which are being caused by mycotoxins such as introduction of
stringent regulations for the players in the food and beverage industry to
follow, which is making headway for the growth of global mycotoxin testing
market across the globe. Along with this, increased international trade
mandates as well as food recalls is positively contributing to the market
growth. Furthermore, continuous development of advanced technologies to rapidly
and effectively test the presence of mycotoxins is anticipated to fuel the
market through 2025. However, there are some factors that can act as major
impediments to the growth of global mycotoxin testing market through 2025 such
as lack of food control systems, infrastructure, technology in the emerging economies,
etc.
Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on"Global Mycotoxin Testing Market"
https://www.techsciresearch.com/report/mycotoxin-testing-market/4600.html
Global
mycotoxin testing market can be segmented based on type, sample, technology, company
and region. Considering the sample, the market is fragmented into feed &
food. The food segment dominated the global mycotoxin testing market in terms
of largest market share until 2019 and is further anticipated to maintain its
dominance during the forecast period as well, which can be accredited to the
fact that food samples are tested more often for the presence of mycotoxins
when compared to feed samples. Moreover, mycotoxins in food can have toxic
effects on the host such as immunosuppression, birth defects, irritable skin,
and neurotoxicity, which makes its testing necessary, thereby spurring the
growth of this segment. In terms of technology, the market is fragmented into chromatography-
& spectroscopy-based and immunoassay-based. Out of which, the chromatography
& spectroscopy-based segment is anticipated to grow at the highest rate
during the forecast period. This high growth is due to introduction of faster
liquid chromatograph technologies for high-performance liquid chromatography.
SGS, Bureau Veritas, Intertek, Eurofins,
Als Limited, Neogen, Asurequality, Microbac, Romer Labs, Symbio Laboratories are
among others are the leading players operating in global mycotoxin testing
market. The players are adopting several growth
strategies to enhance the market scenario of mycotoxin testing. Other
competitive strategies include product launches; mergers & acquisitions;
agreements, partnerships, and collaborations; and expansions to diverse their
product portfolio in order to strengthen their market position.
Download sample report @ https://www.techsciresearch.com/sample-report.aspx?cid=4600
customers can also request for 10% free customization on
this report.
“Europe is
forecast to dominate the global mycotoxin testing market during the next five
years on account of a reflection of food safety policies in this region by NATIONAL
REFERENCE LABORATORIES (NRLs), Control Laboratories (CLs), European Food Safety
Authority (EFSA), and EU Reference Laboratories (EURLs). Furthermore, growing
food and feed mycotoxin testing is further anticipated to bolster the market
growth until 2025.”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Global Mycotoxin Testing Market By Type
(Aflatoxins, Ochratoxin, Fumonisins, Zearalenone, deoxynivalenol,
Trichothecenes, Patulin, Others), By Sample (Feed & Food), By Technology (Chromatography-
& Spectroscopy-Based Vs Immunoassay-Based), By Region, Forecast &
Opportunities, 2025” has
evaluated the future growth potential of global mycotoxin testing market and
provides statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global mycotoxin testing market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]