Global Food Allergen Testing Market Size To Worth USD 1874.60 Million by 2033 | CAGR of 8.37%
Category: Food & BeveragesGlobal Food Allergen Testing Market Size To Worth USD 1874.60 Million by 2033
According to a research report published by Spherical Insights & Consulting, The Global Food Allergen Testing Market Size is Expected to Grow from USD 839.20 Million in 2023 to USD 1874.60 Million by 2033, at a CAGR of 8.37% during the forecast period 2023-2033.
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Browse key industry insights spread across 200 pages with 110 Market data tables and figures & charts from the report on the "Global Food Allergen Testing Market Size, Share, and COVID-19 Impact Analysis, By Technology (Biosensors-Based, Immunoassay-Based/ELISA, PCR-Based, and Others), By Food Test (Processed Food, Baby Food, and Beverages), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/food-allergen-testing-market
The scientific analysis of food and food ingredients to identify allergens is known as food allergen testing. These tests are intended to detect particular proteins or compounds that cause allergic reactions in susceptible people. Mass spectrometry, polymerase chain reaction (PCR), and enzyme-linked immunosorbent assays (ELISA) are a few of the techniques utilized in food allergen testing. These tests’ main objective is to guarantee food safety by confirming that products satisfy legal criteria and are free of unintentional allergies. One of the market's driving forces is the growing awareness among consumers about food allergies, which has raised the need for trustworthy testing techniques. Comprehensive allergen testing is necessary to prevent cross-contamination due to the growing demand for processed and convenience foods, which is the expansion of the food allergen testing market. The market for food allergen testing is expected to increase as a result of the growing trends toward clean-label products, which focus on transparency and allergen-free ingredients. These trends also encourage innovation and improvement in allergen testing procedures. However, the lack of technological sophistication and the unorganized and simplistic food systems in developing countries can restrict the food allergen testing market.
The PCR-based segment is predicted to hold a significant market share through the forecast period.
Based on the technology, the food allergen testing market is classified into biosensors-based, immunoassay-based/ELISA, PCR-based, and others. Among these, the PCR-based segment is predicted to hold a significant market share through the forecast period. PCR (polymerase chain reaction) technology is essential due to it provides accurate identification of allergenic DNA in food products. Allergen residues, even in tiny levels, can be identified due to PCR, which amplifies particular DNA sequences.
The beverages segment is anticipated to hold a significant market share during the projected timeframe.
Based on the food test, the food allergen testing market is divided into processed food, baby food, and beverages. Among these, the beverages segment is anticipated to hold a significant market share during the projected timeframe. The market for food allergen testing is also heavily focused on beverages, as products like protein shakes, smoothies, and flavored beverages can contain allergies like milk, almonds, or gluten.
North America is estimated to hold the largest share of the food allergen testing market over the forecast period.
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North America is estimated to hold the largest share of the food allergen testing market over the forecast period. The US's diversified food sector, which includes dairy, seafood, and processed foods, is the primary driver of the large demand for food allergen testing in the North American region. The market is well-represented in urban regions with dense populations due to the increased awareness of food allergies in these locations.
Asia Pacific is predicted to have the highest CAGR growth in the food allergen testing market over the forecast period. There are several reasons for the increased prevalence of food allergies in China, including dietary modifications, environmental influences, and genetic predisposition.
Major key players in the food allergen testing market include Gold Standard Diagnostics, ALS Limited, Asurequality Ltd, SGS SA, Bureau Veritas, Eurofins Scientific SE, Intertek Group PLC, Merieux Nutrisciences Corporation, Microbac Laboratories Inc., Neogen Corporation, Omega Diagnostics Group PLC, Crystal Chem Inc., Danaher Corporation, and Others.
Recent Development
- In March 2024, the acquisition of York Analytical Laboratories, located in the Northeastern United States, and Wessling Holding GmbH & Co. KG, located in Western Europe, was announced by ALS Limited. With eight locations, York specializes in environmental testing with a focus on drinking water, soil, air, and water quality studies.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the food allergen testing market based on the below-mentioned segments:
Global Food Allergen Testing Market, By Technology
- Biosensors-Based
- Immunoassay-Based/ELISA
- PCR-Based
- Others
Global Food Allergen Testing Market, By Food Test
- Processed Food
- Baby Food
- Beverages
Global Food Allergen Testing Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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