Food Allergen Testing Market Investment Opportunities, Future Trends, Business Demand and Growth Forecast 2029
Food Allergen Testing Market size was valued at USD 804.26 Mn. in 2022 and the total revenue is expected to grow at 6.78% through 2023 to 2029, reaching nearly USD 1273.00 Mn. in the forecast period.
Food Allergen Testing Market Overview:
The goal of this research is to provide an overview of the Food Allergen Testing market as well as detailed market segmentation based on connection type, end-use, and geography. The study contains critical information on the market positions of the leading Food Allergen Testing players, as well as noteworthy industry trends and opportunities.
The analysis also focuses on the Global Food Allergen Testing market’s key top industry players, providing information such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information. This study examines the Food Allergen Testing Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This report analyses the entire Food Allergen Testing Market Size from a global perspective by analyzing historical data and prospects.
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Food Allergen Testing Market Scope:
The report also focuses on the leading industry players in the Global Food Allergen Testing market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information.
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Food Allergen Testing Market Dynamics:
Food Allergy is a disorder that causes the human immune system to react against non-allergic food substances, much as a virus, bacteria, or infectious illness. This allergy causes rashes, itching, abdominal pain, vomiting, nausea, and other symptoms. Allergic reactions differ from person to person and from immune system to immune system. This can be a moderate allergy at times, but it can also progress to a severe allergy.
Food Allergen Testing Market Segmentation:
Peanut & soy
Others (sulfites and other cereals)
Polymerase chain reaction (PCR)
Immunoassay-based /ELISA (Enzyme-linked Immunosorbent assay)
Others (LC-MC/MS, test kits, and other chromatographic equipment)
by Food Tested
Bakery & confectionery
Dairy products & alternatives
Seafood and meat products
Others (savory items, sauce, and food additives)
Peanut and soy are expected to garner greater attention in the source section of the global food allergen testing market, as peanut allergy is the most common and commonly seen allergy across all age groups. Soy allergy is more common in children and newborns. When peanuts enter the body, some people’s immune systems overreact and mistake the peanut protein for a threat to the human body, resulting in peanut allergy. Peanut and soy allergies can cause erratic breathing, throat swelling and soreness, a fast drop in blood pressure, pale skin or blue lips, fainting, and dizziness, all of which can be severe. Peanut allergy is the most frequent in the United States. In the United States, the prevalence of peanut allergy is increasing.
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Food Allergen Testing Market Key Players:
Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. With growing demand, industry participants in the Food Allergen Testing market are projected to benefit from excellent future growth opportunities. The following are a few companies participating in the worldwide Food Allergen Testing industry.
1. SGS SA,
2. Intertek (UK),
3. Eurofins E (Luxembourg)
4. MerieuxNutrisciences Corporation
5. TUV SUD PSB Pte Ltd.
6. Eurofins Scientific SE
8. ALS Limited
9. Asurequality Ltd.
10. Symbio Laboratories
11. Romer Labs Diagnostic GmbH
12. Intertek Group PLC
The research also includes a comprehensive PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, and Africa, and South America, after examining the political, economic, social, and technological variables influencing the Food Allergen Testing market in these regions.
COVID-19 Impact Analysis on Food Allergen Testing Market:
As a result of the COVID-19 outbreak, customer behavior has transformed throughout all sectors of society. Industries, on the other hand, will need to adjust their strategies to account for altering market supplies. This study gives an outline of the COVID-19’s impact on the Food Allergen Testing market and will help you build your business in compliance with the new industry standards.
Key Questions Answered in the Food Allergen Testing Market Report are:
- What will be the CAGR of the Food Allergen Testing market during the forecast period?
- Which segment emerged as the leading segment in the Food Allergen Testing market?
- Which are the prominent players in the Food Allergen Testing market?
- What will be the Food Allergen Testing market size by 2027?
- Which company held the largest share in the Food Allergen Testing market?
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