Mycotoxin Testing Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Market Overview

The global mycotoxin testing market is projected to grow at a CAGR of 11.7% during the forecast period.

• The mycotoxin testing ensures that the products are carcinogenic-free, and complies with the International regulation standards. Mycotoxins are toxic chemical compounds produced by a fungus, which can lead to various diseases and even death.
• Cereals and grains are the products that get affected by the fungus, during storage. Therefore, mycotoxin testing becomes necessary for such products, to eliminate the risk of health hazards.
• Fusarium mycotoxins likely to hold a major portion of the global mycotoxin testing market share.

Impact of COVID-19 on the Market:

• The distorting effect of the virus in the region was majorly attributed to bad health profiles and low immunity, majorly contributed by the prevalence of unhealthy eating habits and lack of physical activities practiced by consumers. Europeans are now expected to be extra conscious about their food choices, with more focus toward health-building supplements, functional foods, and juices. This depicts promising applications for food safety testing services in the future.
• Despite no evidences being found on the spread of virus through food and its packaging, food manufacturers in the region are constantly looking for a double check, in terms of providing safe food to consumers.
• Considering the possible contingencies of food manufacturers to offer virus-proof food products to consumers and gain a competitive edge over other market players, the demand for Mycotoxin testing may be moderately uplifted in 2020 and in the following years.

Scope of the Report

The global mycotoxin testing market is segmented by technology into HPLC-based, LC-MS/MS-based, Immunoassay-based, and Other Technologies. By pathogen type into Aflatoxins, Ochratoxin A, Patulin, Fusarium Toxins, Other Mycotoxins. By application into beverages and foods. By geography, the scope includes North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

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Key Market Trends

Immunoassay-based is the Fastest Growing Mycotoxin Testing Technology

ELISA (enzyme-linked immunosorbent assay) is one of the most popular immunologically-based methods used in test kits for the analysis of mycotoxins in foods and feeds. ELISA method for detection of mycotoxins has been used by a number of food safety manufacturers and has been available for a decade now. The method is based on the ability of a specific antibody to distinguish the three-dimensional structure of a specific mycotoxin. 

ELISA mycotoxin tests are considered as high throughput assays with low sample volume requirements and often less sample extract clean-up procedures in comparison to the conventional methods, such as TLC and HPLC. ELISA detection method is reliable, rapid, specific, sensitive, easier, and portable for use in the field for the detection of mycotoxins in foods and feeds.

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