According to a new market report published by Lucintel, the future of the food allergen testing market looks promising with opportunities in bakery & confectionery and infant food testing. The global food allergen testing market is expected to grow with a CAGR of 7% from 2020 to 2025. The major drivers for this market are stringent labeling mandates, demand for advisory labeling, growth in incidences of allergic disorders among consumers, globalization of food trade, and increase in food recall for undeclared allergen products.
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Food allergen testing is a process used to find out if you or your child has an allergy to a specific food. In this market, peanuts & soy, wheat, milk, eggs, tree nuts, and seafood are the major sources food allergens. Lucintel forecasts that peanuts & soy allergen testing will remain the largest source segment over the forecast period, as peanut allergy is common among all age groups and soy is considered a major source of allergen, especially among children and infants.
Within this market, immunoassay will remain the largest technology segment over the forecast period due to the simplicity of this method which aids in its implementation and it is beneficial for allergen testing in manufacturing plants at different stages of the value chain.
Europe will remain the largest region over the forecast period due to gradually increasing public awareness of food allergens and the health hazards caused by them in countries, such as Germany, the UK, France, and Italy.
SGS, Intertek, TÜV SÜD, Eurofins, and ALS are among the major suppliers in the global food allergen testing market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global food allergen testing market by source, technology, food tested, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Food Allergen Testing Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global food allergen testing market by source, technology, food tested, and region as follows:
By Source [Value ($ Million) shipment analysis for 2014 – 2025]:
Peanuts & Soy
Wheat
Milk & Eggs
Tree Nuts
Seafood
By Technology [Value ($ Million) shipment analysis for 2014 – 2025]:
PCR (Polymerase Chain Reaction )-Based
Immunoassay-Based
By Food Tested [Value ($ Million) shipment analysis for 2014 – 2025]:
Bakery & Confectionery
Infant Food
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This more than 150-pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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