Market Size of Food Allergen Testing Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 0.89 Billion |
| Market Size (2029) | USD 1.27 Billion |
| CAGR (2024 - 2029) | 7.42 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players.webp){kind=logo}
*Disclaimer: Major Players sorted in no particular order |
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Food Allergen Testing Market Analysis
The Food Allergen Testing Market size is estimated at USD 0.89 billion in 2024, and is expected to reach USD 1.27 billion by 2029, growing at a CAGR of 7.42% during the forecast period (2024-2029).
With the growing intolerance of allergen food products, such as gluten and dairy, manufacturers tend to test the products for safety, tracing allergens in packaged and processed food products. Furthermore, governments and regulatory bodies worldwide are implementing strict food safety regulations to protect consumers from allergen exposure. Therefore, companies require robust allergen testing solutions to adhere to stringent food testing and safety protocols. Moreover, with increasing consumer awareness about food labeling, companies are investing in food allergen testing to validate their food labels and build consumer trust. Players are also forming mergers and acquisitions with other laboratories to develop their testing properties. For instance, in 2022, Eurofins Scientific acquired majority stakes in Ajal Laboratories to expand its food and pharmaceutical testing offerings in Saudi Arabia. Furthermore, Ongoing advancements in testing technologies, such as PCR (Polymerase Chain Reaction), ELISA (Enzyme-Linked Immunosorbent Assay), and biosensors, contribute to the growth of the allergen testing market. These technologies provide faster, more sensitive, and specific methods for detecting allergens in food products.
