Mycotoxin Testing Market:  By Type (Aflatoxins, Ochratoxin A, Patulin, Fusarium Toxins), By Technology (HPLC-Based, LC-MS/MS-Based, Immunoassay-Based), Food Tested (Feed, Food) By Geography  

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Global Mycotoxin Testing Market was valued at USD 947 million in 2020 and is anticipated to grow at USD 1,338 million by 2027 recording a CAGR of 7.2% during the forecast period 2021-2027. Testing for Mold/mycotoxins in people is a straightforward and typically noninvasive strategy. By and large, just a pee test is required. Testing should likewise be possible on nasal emissions, sputum or tissue biopsy gathered by a doctor. Patients must be alluded to RealTime Labs by a doctor or social insurance proficient. The main consideration that is driving the mycotoxin testing market is the stringent nourishment security controls that have been executed by a few nations. The expansion in the generation of the mycotoxins in the nourishment and feed items is because of the moist environmental conditions. Alternate factors that add to the development of the market are purchaser protests, augmented worldwide exchange, and developing wellbeing worry among buyers. The interest for the fusarium poison is the most extreme in the worldwide market. Fusarium poison is usually found in grains and their results. The components that are expanding the request of the fusarium poison showcase are ascend in the wares exchange and the pollution in grain because of changing climatic conditions. Lack of framework offices, nourishment controller frameworks, and hardware in the creating economies is projectedto obstructthe development speed of the mycotoxins testing market is the real restriction for the worldwide mycotoxin testing market. Aside from developing requirement for nourishment security, this market is driven by damp air conditions, which is prompting mycotoxins creations in sustenance items, for example, oats, bread and treats, dried natural products, herbs and species, drain and dairy items, refreshments, for example, lager and wine, and meat and poultry items. A few governments over the globe have taken a note of the issues caused by mycotoxins and have presented stringent directions for the players in the nourishment and drink industry to take after. As of now, fusarium poison section has the most extreme request, and is relied upon to stay noticeable all through the figure time frame, because of an immense number of fusarium poison predominance in a few sorts of sustenances and expanding nourishment exchange which requires appropriate sullying check before being moved from two areas of various atmospheres. In 2017, Neogen Corporation propelled new progressive test unit for mycotoxin identification.  

 

Mycotoxin Testing Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.2%

Largest Market

Europe

Fastest Growing Market

Asia-Pacific
Growth

Consumer awareness of the presence of mycotoxins in products has increased by many times in recent years, which is another driver that could enhance the Mycotoxin Testing Market. Other factors that encourage market growth include advanced technologies for swiftly and efficiently testing the presence of mycotoxins. Apart from the increased demand for food safety, the global Mycotoxin Testing Market is propelled by the wet environment, which favours the production of mycotoxins in food items such as dairy products, herbs, cookies, bread, cereals, meat and poultry products, and beverages such as wine and beer. The absence of infrastructure facilities, food controller systems, and equipment in developing economies, on the other hand, is expected to stifle the global mycotoxin testing market's growth.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2015 to 2020) and forecast (2021 to 2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Mycotoxin Testing Market Segmentation

By Type
  • Aflatoxins
  • Ochratoxin A
  • Patulin
  • Fusarium Toxins
By Technology
  • HPLC-Based,
  • LC-MS/MS-Based,
  • Immunoassay-Based
By Food Tested
  • Feed
  • Food
Geography

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Based on End User, Mycotoxin Testing Market is segmented into

  • HPLC-Based
  • LC-MS/MS-Based
  • Immunoassay-Based

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

  • Bureau Veritas S.A. (France)
  • SGS S.A. (Switzerland)
  • Intertek Group plc (U.K.)
  • ALS Limited (Australia)
  • Eurofins Scientific SE (Luxembourg)
  • Microbac Laboratories Inc (U.S.)
  • Silliker Inc (U.S.)
  • AsureQuality Ltd (New Zealand)
  • Romer Labs Diagnostic GmbH (Austria)
  • Symbio Laboratories (Australia)

Adjacent Markets