Food Allergen Testing Market Share, Growth & Forecast [2031]
Food Allergen Testing Market Share, Growth & Forecast [2031]
Segments - Food Allergen Testing Market by Sources (Peanuts & Soy, Wheat, Milk, Eggs, Tree Nuts, and Seafood), Technologies (Biosensor-based, Immunoassay-based /ELISA, PCR, and Others), Food Tested (Bakery and Confectionery Products, Baby Food and Infant Formula, Meat and Poultry, Dairy Products, Beverages, and Others), and Regions (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America) - Global Industry Analysis, Growth, Share, Size, Trends, And Forecast 2023 – 2031
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| Report ID :FB-1075
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| 125 Pages
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Report Description
The global food allergen testing market size was valued at USD 778.43 Million in 2022 and is likely to reach USD 1.53 illion by 2031, expanding at a CAGR of 7.91% during 2023 – 2031.The growth of the market is attributed to rising awareness among consumers regarding the food safety.
A food allergy is termed as an abnormal immune response to food. The symptoms of the allergic reaction may be mild to severe. It includes itchiness, swelling of the tongue, vomiting, diarrhea, hives, trouble in breathing, or low blood pressure. This occurs within minutes to several hours of exposure. If the symptoms are severe it is known as anaphylaxis.
Most common foods involved in food allergy includes cow's milk, peanuts, eggs, shellfish, fish, tree nuts, soy, wheat, rice, and fruits. The allergy risk factors include a family history of allergies, vitamin D deficiency, and obesity. Allergies occurs when immunoglobulin E (IgE), a part of the body's immune system, binds to food molecules. It triggers the release of inflammatory chemicals which includes histamine. Treatment is based on a medical history, diet, skin prick test, and blood tests for food-specific IgE antibodies.
Market Trends, Drivers, Restraints, and Opportunities:
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Increasing demand for processed food is expected to boost the market growth.
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Stringent labeling mandates such as advisory labelling on the food products is anticipated to positively impact the growth of the market.
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Growing incidence of allergic disorders among consumers is anticipated to drive the market.
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Low awareness about labeling condition regulations and lack of flood control infrastructure can hinder the food allergen testing market.
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Rising development and ongoing technological advancements in food allergen testing can create remunerative opportunities for the industry players during forecast period.
Scope of the Report
The report on the global food allergen testing market research report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Food Allergen Testing market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Sources (Peanuts & Soy, Wheat, Milk, Eggs, Tree Nuts, and Seafood), Technology (Biosensor-based, Immunoassay-based /ELISA, PCR, and Others), Food Tested (Bakery and Confectionery Products, Baby Food and Infant Formula, Meat and Poultry, Dairy Products, Beverages, and Others) |
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Regional Scope |
North America, Latin America, Europe, Asia Pacific, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Neogen Corporation, Eurofins Scientific, SGS S.A., Bureau Veritas, Intertek Group PLC, and TUV SUD SPB Pte. Ltd |
Food Allergen Testing Market Segment Insights
Peanut & soy segment to dominate the market
Based on sources, the market is segmented into peanut and soy, milk, wheat, seafood, egg, tree nuts, and others. The peanut & soy segment is estimated to dominate the market. Peanut allergy is most common in all age groups. Soy is a major source of allergen among children and infants.
Immunoassay-based/ELISA segment to exhibit a high CAGR
Based on technologies, the global food allergen testing market is divided into biosensor-based, immunoassay-based /ELISA, PCR, and others. The immunoassay-based/ELISA segment is projected to expand at a higher CAGR among all technologies. Low cost of testing, less time, and accurate results of immunoassay-based testing is anticipated to drive the market growth.
Bakery and confectionery segment to account a considerable market share
Based on food tested, the global food allergen testing market is segregated into bakery and confectionery products, baby food and infant formula, meat and poultry, dairy products, beverages, and others. The bakery and confectionery segment is expected to account for a considerable market share during the forecast period. Rising demand for functional ingredients and organic bakery products is expected to propel the segment growth. Its includes wide range of flour, yeast, chocolates, sugar, icing, cream, and nuts, which requires proper sanitation and hygiene through verification, including ATP, microbiological and mycotoxins.
Europe to dominate market
In terms of regions, the market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is anticipated to dominate the market owing to stringent policies, which helps in achieving high levels of food safety. Some of common foods that are allergic to Europe-based population are peanuts, tree nuts, and fish. Rising prevalence of food allergy and growing awareness among the population regarding their sensitivities to certain foods are anticipated to drive the regional market growth.
Segments
Sources
- Peanuts & Soy
- Wheat
- Milk
- Eggs
- Tree Nuts
- Seafood
Technologies
- Biosensor-based
- Immunoassay-based /ELISA
- PCR
- Others
Food Tested
- Bakery & Confectionery Products
- Baby Food and Infant Formula
- Meat and Poultry
- Dairy Products
- Beverages
- Others
Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players
- Neogen Corporation
- Eurofins Scientific
- SGS S.A.
- Bureau Veritas
- Intertek Group PLC
- TUV SUD SPB Pte. Ltd.
Competitive Landscape
Key players operating in the global food allergen testing market includes Neogen Corporation, Eurofins Scientific, SGS S.A., Bureau Veritas, Intertek Group PLC, and TUV SUD SPB Pte. Ltd.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Allergen Testing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Food Allergen Testing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Food Allergen Testing Market - Supply Chain
4.5. Global Food Allergen Testing Market Forecast
4.5.1. Food Allergen Testing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Food Allergen Testing Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Food Allergen Testing Market Absolute $ Opportunity
5. Global Food Allergen Testing Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Food Allergen Testing Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Food Allergen Testing Demand Share Forecast, 2019-2026
6. North America Food Allergen Testing Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Food Allergen Testing Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Food Allergen Testing Demand Share Forecast, 2019-2026
7. Latin America Food Allergen Testing Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Food Allergen Testing Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Food Allergen Testing Demand Share Forecast, 2019-2026
8. Europe Food Allergen Testing Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Food Allergen Testing Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Food Allergen Testing Demand Share Forecast, 2019-2026
9. Asia Pacific Food Allergen Testing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Food Allergen Testing Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Food Allergen Testing Demand Share Forecast, 2019-2026
10. Middle East & Africa Food Allergen Testing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Food Allergen Testing Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Food Allergen Testing Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Food Allergen Testing Market: Market Share Analysis
11.2. Food Allergen Testing Distributors and Customers
11.3. Food Allergen Testing Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Neogen Corporation
11.4.2. Eurofins Scientific
11.4.3. SGS S.A.
11.4.4. Bureau Veritas
11.4.5. Intertek Group PLC
11.4.6. TUV SUD SPB Pte. Ltd.
Methodology
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