The global mycotoxin testing market is expected to grow at a CAGR of 7.80% in the forecast period of 2025-2034 to attain a value of USD 2.42 Billion by 2034.
The market for mycotoxin testing is being driven by the accelerating need for food safety. It is further aided by the moist atmosphere, which is a pre-requisite to the production of mycotoxins in food yields like herbs, dairy products, cookies, cereals, meat and poultry products, bread, and beverages like wine and beer.
The market for mycotoxin testing is being driven by the growing concern and awareness about the presence of mycotoxins in products in the recent years. The market is further aided by the introduction of advanced technologies to immediately and efficiently test the presence of mycotoxins in food products. However, the market may face a slow down as a result of a lack of food controller systems, infrastructure facilities and equipment in the developing economies. This is a major drawback, which is restraining the growth of the market.
Accelerating Need for Food Safety to Aid the Market Growth of Mycotoxin Testing
The global market for mycotoxin testing is being significantly supported by the European region. The region is being driven by the governing administrations’ presence in the market who have imposed many mycotoxin testing policies within Europe. Within Europe, the United Kingdom is expected to be the fastest growing country. The Asia-Pacific region is anticipated to witness a comparatively high growth in the mycotoxin testing industry globally. This can be attributed to the increasing concern for food safety among the consumers, along with the rising global trade.The market for mycotoxin testing is being driven by the accelerating need for food safety. It is further aided by the moist atmosphere, which is a pre-requisite to the production of mycotoxins in food yields like herbs, dairy products, cookies, cereals, meat and poultry products, bread, and beverages like wine and beer.
Mycotoxin Testing: Market Segmentation
Mycotoxin is the secondary metabolites of moulds, which foul the crops and plants. Mycotoxin can cause infection to both human beings and animals. They are known to be poisonous chemical products that are created by the fungi that colonize the grains.On the basis of type, the market is divided into:
- Aflatoxins
- Alternaria
- Cyclopiazonic Acid
- Citrinin
- Fusarium Toxins
- Ergot Alkaloids
- Patulin
- Ochratoxins
- Sterigmatocystin
- Others
Based on technology, the industry can be segmented into:
- LC-MC/GC-MS
- High Pressure Liquid Chromatography (HPLC)
- Immunoassay-Based
- Others
By food type, the industry is divided into:
- Nuts
- Grains
- Fruits and Vegetables
- Processed Foods
- Dairy Products
- Meat and Poultry
- Pulses and Cereals
- Others
The regional markets for the product include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
The market for mycotoxin testing is being driven by the growing concern and awareness about the presence of mycotoxins in products in the recent years. The market is further aided by the introduction of advanced technologies to immediately and efficiently test the presence of mycotoxins in food products. However, the market may face a slow down as a result of a lack of food controller systems, infrastructure facilities and equipment in the developing economies. This is a major drawback, which is restraining the growth of the market.
Key Industry Players in the Global Mycotoxin Testing Market
The report gives a detailed analysis of the following key players in the global mycotoxin testing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Symbio Laboratories
- ALS Limited
- Intertek Group plc
- Mérieux NutriSciences
- Bio-Check (UK) Ltd
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Mycotoxin Testing Market Analysis
6 North America Mycotoxin Testing Market Analysis
7 Europe Mycotoxin Testing Market Analysis
8 Asia-Pacific Mycotoxin Testing Market Analysis
9 Latin America Mycotoxin Testing Market Analysis
10 Middle East and Africa Mycotoxin Testing Market Analysis
11 Market Dynamics
13 Competitive Landscape
Companies Mentioned
The key companies featured in this Mycotoxin Testing market report include:- Symbio Laboratories
- ALS Limited
- Intertek Group plc
- Mérieux NutriSciences
- Bio-Check (UK) Ltd
