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Pharmacy benefit management market
Food Allergen Testing Market REPORT OVERVIEW
global food allergen testing market size was USD 716.1 Million in the year 2022 and market is projected to touch 1262.18 Million by 2031, exhibiting a CAGR of 6.5% during the forecast period.
The rise in the prevalence of food allergies, more knowledge of food allergens and their negative effects, and the rising demand for high-quality food products are all factors contributing to the expansion of this industry. This market is expanding as a result of the rising use of food allergy testing kits in the food and beverage sector. A food allergy is a protein that the immune system of the body incorrectly perceives as harmful. The immune system overreacts as a result, producing a variety of symptoms. Cow's milk, hen's eggs, peanuts, tree nuts, fish, crustaceans, soybeans, and wheat are the most typical food allergens. Additionally, some people are allergic to sesame seeds.
The most popular kind of allergy test kits uses Polymerase Chain Reaction (PCR) technology. The DNA of an allergen is amplified so that it may be detected using a method known as polymerase chain reaction. The accuracy of this kind of kit allows it to identify allergens in even the smallest quantities. A form of food allergen testing kit called an immunoassay-based/ELISA employs antibodies to find allergens in food. The sample is added after the allergen has been placed on a carrier to immobilize it. IgE antibodies will bind to the allergen if they are present in the sample. The next step is to add a detectable enzyme-linked label. If this label attaches to any of the IgE antibodies, a colored reaction will result.
COVID-19 Impact: High Cost Associated with Procedures to Hinder Market Growth
Although constraints like the high cost associated with allergen testing procedures may restrain market expansion, the rise in allergic reactions among people is clearly boosting the food allergen testing market. Our research experts have analysed historical data to determine the major market factors, as well as the effect of the COVID-19 pandemic on the market for testing for food allergens. Predicting end goals and improving marketing tactics to acquire a competitive edge will be made easier with the help of a comprehensive analysis of the drivers.
LATEST TRENDS
"Prevention of Foodborne Illnesses to Augment Market Growth"
More and more, disease prevention strategies rely on food safety. The focus of the governments of various nations is on food safety regulations. For instance, the US FDA's FSMA addresses the problem of food safety by establishing guidelines that must be followed during the production and processing of food. The CDC focuses on data collection, outbreak investigations, and evaluating the efficacy of preventative and control actions to lower the incidence of foodborne illnesses. As a result, the market is anticipated to expand within the given time frame.
Food Allergen Testing Market SEGMENTATION
- By Type
Based on type market is classified as polymerase chain reaction (PCR)-based, immunoassay-based/Elisa and others.
- By Application
Based on application market is classified as bakery & confectionery, infant food, processed food, dairy products & its alternatives, seafood & meat products and others.
DRIVING FACTORS
"Need for Detection of Allergens to Enhance Market Growth"
In order to check whether food products contain allergens, bakeries and confectioneries utilise food allergen testing kits. If allergens are not removed from food products before consumption, they can result in severe health issues, and even death. Manufacturers can use food allergen testing system to make sure their products are free of allergens and safe for consumers. To detect the presence of allergens in processed foods, testing kits for food allergens are utilised. Allergic reactions, which include skin rashes, itching, sneezing, and runny noses, can be brought on by allergens. Asthma or other respiratory issues can coexist with allergies in certain persons. Many different foods, such as peanuts, eggs, milk, wheat, soybeans, fish, and shellfish, have food allergens. The most common food allergens are proteins found in these foods.
"Necessity For Wholesome Food to Support a Healthy Lifestyle to Propel Market Growth"
The rising significance of food safety regulations is notably fuelling industry expansion. The necessity for wholesome food to support a healthy lifestyle gave rise to the desire for food safety regulations. To reduce the hazards linked to consumer exposure to tainted foods, food producers must invest heavily. International Organisation for Standardisation (ISO) 22000, Foundation Food Safety System Certification (FSSC) 22000, International Featured Standards (IFS) Food, and British Retail Consortium (BRC) Food Standards are a few examples of the standards for food safety management systems.
RESTRAINING FACTORS
"Evolving Food Rules to Impede Market Growth"
The evolving food rules are one of the main issues limiting industry expansion. One of the sectors in the EU with the most regulations is the food business. Most laws requiring food producers to do something fall into one of three categories: laws governing the product, laws governing the preparation, and laws governing the display of food goods. New laws like (EC) 178/2002, which outline the duty of food producers to guarantee the safety of their products, provide difficulties for the food industry. They must utilise an internal production control system since they are required to have a harmonised HACCP system. As a result, they are accountable for the safety of the items they manufacture.
Food Allergen Testing Market REGIONAL INSIGHTS
"North American to Dominate the Market Due to Food Allergies Becoming More Common"
It is anticipated that the North American region would hold the greatest market share for food allergen testing system worldwide. Food allergies are becoming more common, people are becoming more aware of them and their negative effects, and there is an increased need for high-quality food products. This market is expanding as a result of the rising use of food allergy testing kits in the food and beverage sector. The expansion of the middle class, rising disposable income, and growing consumer awareness of food allergies are all contributing reasons to the growth of this industry. This market is expanding as a result of the rising demand for high-quality food items.
KEY INDUSTRY PLAYERS
"Key Players Focus on Partnerships to Gain a Competitive Advantage"
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Neogen (U.S.)
- Crystal Chem (U.S.)
- SGS (U.S.)
- Intertek Group (U.K.)
- TUV SUD Psb (India)
- ALS Limited (India)
- Eurofins Scientific (Brazil)
- Merieux Nutrisciences (U.S.)
REPORT COVERAGE
The report anticipates a detailed analysis of the global market size at the regional and national level, the ssegmentation market growth and market share. The prime objective of the report is to help user understand the market in terms of definition, market potential, influencing trends, and the challenges faced by the market. Aanalysis of sales, the impact of the market players, recent developments, opportunity analysis, strategic market growth analysis, territorial market expansion, and technological innovations are the subject matter explained in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 716.1 Million in 2022 |
Market Size Value By |
US$ 1262.18 Million by 2031 |
Growth Rate |
CAGR of 6.5% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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Which are the driving factors of the food allergen testing market?
Need for detection of allergens and necessity for wholesome food to support a healthy lifestyle are the driving factors of the food allergen testing market growth.
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What is the leading region in the food allergen testing market?
North American to dominate the food allergen testing market share due to food allergies becoming more common.
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Which are the top companies operating in the Food Allergen Testing market?
ADPEN Laboratories Inc., Agilent Technologies Inc., ALS Ltd., AsureQuality Ltd., Bio Rad Laboratories Inc., bioMerieux SA, Bureau Veritas SA, Campden BRI, Cotecna Inspection SA, Element Materials Technology Group Ltd., EMSL Analytical Inc., Eurofins Scientific SE, FoodChain ID Group Inc., Intertek Group Plc, Merieux NutriSciences Corp., Microbac Laboratories Inc., Neogen Corp., Perkin Elmer Inc., RJ Hill Laboratories Ltd., and Romer Labs Division Holding GmbH are the top companies operating in the Food Allergen Testing market.