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The Global Food Allergen Testing Market is Segmented by Technology (into, Biosensors-based, Immunoassay-based /ELISA, PCR, and Other Technologies), by Food Tested (into Bakery and Confectionery Products, Baby Food and Infant Formula, Meat and Poultry, Dairy Products, Beverages, and Others), and by Geography.
Fastest Growing Market:
The global food allergen testing market is projected to register a CAGR of 8.32% during the forecast period (2020 - 2025).
The global food allergen testing market is segmented by technology (into biosensors-based, immunoassay-based /ELISA, PCR, and other technologies) by food tested (as bakery and confectionery products, baby food and infant formula, meat and poultry, dairy products, beverages, and others), and by geography. By geography, the global food allergen testing market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Owing to the robust demand for processed food products, and the number of ingredients and additives that are utilized in processing operations, the allergens have a high probability of detection in such food types.
|PCR (Polymerase Chain Reaction)-based|
|By Food Tested|
|Meat and Poultry|
|Bakery and Confectionery Products|
|Baby Food and Infant Formula|
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Food allergy has emerged as a serious public health concern. The prevalence of food allergies is estimated to be around 2-4% in adults and 6-8% in children. Children are the most vulnerable population group to food allergy. Tthey are also two to four times more vulnerable to other allergic conditions, such as asthma or eczema. The global food allergen testing market is driven by the increasing number of food allergies reported to medical establishments. Although children and teenagers are more prone to food allergies, at least 15% of food allergies are diagnosed for the first time in adulthood. Moreover, with the adverse non-toxic reactions (hypersensitivity), the prevalence rate of food allergies is mounting exponentially. The rising number of food allergy cases have prompted public health authorities around the world to take significant measures to curb the allergic reactions and its consequences.
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Europe is projected to be one of the fastest-growing regions in the food allergen testing market, due to stringent policies that were established to achieve high levels of food safety in the region. Peanuts, tree nuts, and fish are some of the common allergenic foods that caused frequent allergies in the European population. The prevalence of food allergy in Europe is uncertain. The prevalence of food allergy in Europe was estimated to be between 3% and 4 %, in children and adults, respectively. More than 17 million Europeans have a food allergy, and hospital admissions for severe reactions in children rose by seven-fold during the past decade, according to the European Academy of Allergy and Clinical Immunology. One of the main objectives of the Joint Research Centre (JRC) of the European Commission is to minimize the occurrence of food allergic reactions triggered by the consumption of undeclared allergens. The food allergen testing market in Europe is driven by the rising awareness among Europeans regarding their sensitivities to certain foods, coupled with the strictest compliance enforced by regulatory authorities.
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The global market of the food allergen is highly dynamic and intensely competitive, with key players looking for greater market penetration, especially in the developed markets, where the regulatory compliance is the strictest and the public awareness regarding food allergens is also high. Major players in the global food allergen testing market include Neogen Corporation, Eurofins SGS Group, Bureau Veritas, Intertek Group PLC, and TUV SUD.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Technology
5.1.2 Immunoassay-based /ELISA
5.1.3 PCR (Polymerase Chain Reaction)-based
5.1.4 Other Technologies
5.2 By Food Tested
5.2.1 Meat and Poultry
5.2.2 Dairy Products
5.2.4 Bakery and Confectionery Products
5.2.5 Baby Food and Infant Formula
5.3.1 North America
126.96.36.199 United States
188.8.131.52 Rest of North America
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
18.104.22.168 Rest of Asia-Pacific
5.3.4 South America
22.214.171.124 Rest of South America
5.3.5 Middle East & Africa
126.96.36.199 South Africa
188.8.131.52 Saudi Arabia
184.108.40.206 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Most Active Companies
6.3 Most Adopted Strategy
6.4 Company Profiles
6.4.1 Intertek Group PLC
6.4.2 TUV SUD SPB Pte. Ltd
6.4.3 Eurofins Scientific
6.4.4 Merieux NutriSciences
6.4.5 ALS Limited
6.4.6 Asurequality Ltd
6.4.7 Neogen Corporation
6.4.8 Romer Labs Diagnostic GmbH
6.4.9 SGS SA
6.4.10 Microbac Laboratories Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability