Mycotoxin Testing Market Set to Reach Valuation of USD 1509.70 million by 2029, Size, Share, Demand, Future Growth, Challenges and Competitive Analysis

PRESS RELEASE
Published June 19, 2023

Mycotoxin Testing Market  report endows with all-inclusive knowledge and information of rapidly changing market landscape, what already subsists in the market, future trends or market expectations, the competitive environment, and competitor strategies which assists in planning strategies for Mycotoxin Testing Market industry with which it is possible to outdo the competitors. Unsurpassed and well established tools and techniques such as SWOT analysis and Porter’s Five Forces analysis have been used in the whole report for the purpose of forecasting, analysis and estimations. Mycotoxin Testing Market research report makes businesses powerful whether it is large, medium or small for existing and succeeding in the market.

The leading Mycotoxin Testing Market report comprises of data that can be pretty indispensable when it is about dominating the market or making a mark in the market as a latest emergent. It also includes strategic profiling of top players in the market, wide-ranging analysis of their core competencies, and their strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions which are applicable for the businesses. Mycotoxin Testing Market report also provides CAGR value fluctuation during the forecast period of 2023-2030 for the market. Market research report is truly a backbone for every business with which they can not only grow sales but also prosper in the market.

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Mycotoxin Testing Market  Analysis and Size

Global Mycotoxin Testing Market, By Type (Aflatoxins, Ochratoxins, Fusarium Toxins, Deoxynivalenol, Patulin, Cyclopiazonic Acid, Ergot Alkaloids, Citrinin, Sterigmatocystin, Alternaria, T-2 Toxin and Others), Product Type (Devices, Reagents & Kits and Services), Technology (Chromatography Based, Immunoassay-Based, Lateral Flow Assay Based, Spectroscopy Based and Others), Sample (Food & Beverages, Feed, Pharmaceuticals and Others), End User (Research Lab, Research Institutes, Food Testing Industries, Feed Testing Industries and Others) – Industry Trends and Forecast to 2029

Mycotoxin Testing Market

Market Analysis and Size

According to the Food and Agriculture Organization of the United Nations (FAO) nearly 25% of the world’s food contains mycotoxins, which are toxic secondary metabolites of moulds. There are approximately 400 known species of mycotoxins of various chemical compound classes, with 25 being quite common due to their frequency of occurrence. With the world’s population growing, the demand for food is increasing, necessitating a greater emphasis on mycotoxin testing.

Data Bridge Market Research analyses that the mycotoxin testing market was valued at 865.63 million in 2021 is expected to reach the value of USD 1509.70 million by 2029, at a CAGR of 7.2% during the forecast period of 2022 to 2029.

 Market Definition

Mycotoxin testing detects the presence of harmful mycotoxin metabolites caused by mould or fungi in the body or home using a urine or environmental test. Mycotoxin testing ensures that the products are not carcinogenic and that they comply with international regulatory standards. Mycotoxins are toxic chemical compounds produced by fungi that can cause a number of fatal diseases

Report Scope and Market Segmentation

REPORT METRIC DETAILS
Forecast Period 2022 to 2029
Base Year 2021
Historic Years 2020 (Customizable to 2019 – 2014)
Quantitative Units Revenue in USD million, Volumes in Units, Pricing in USD
Segments Covered Type (Aflatoxins, Ochratoxins, Fusarium Toxins, Deoxynivalenol, Patulin, Cyclopiazonic Acid, Ergot Alkaloids, Citrinin, Sterigmatocystin, Alternaria, T-2 Toxin and Others), Product Type (Devices, Reagents & Kits and Services), Technology (Chromatography Based, Immunoassay-Based, Lateral Flow Assay Based, Spectroscopy Based and Others), Sample (Food & Beverages, Feed, Pharmaceuticals and Others), End User (Research Lab, Research Institutes, Food Testing Industries, Feed Testing Industries and Others)
Countries Covered U.S., Canada and Mexico in North America, Germany, Sweden, Poland, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered SGS (Switzerland), Bureau Veritas (France), Eurofins Scientifics (Luxembourg), Intertek Group plc (UK), Mérieux NutriSciences Corporation (US), ALS Limited (Australia), Neogen (US) AsureQuality (New Zealand), Charm Sciences (US), Premier Analytical Services (UK), Dairyland Laboratories (US), Bio-Check (UK), AES Laboratories (India), IEH Laboratories and Consulting Group (US), Envirologix Inc. (US), EMSL Analytical, Inc. (US), and Krishgen Biosystems (US),
Opportunities
  • Growing international food trades
  • Rising food-borne diseases and lack of sanitation
  • Rising incidences of mycotoxin occurrences in developing regions

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Recent Development

  • SGS announced the expansion of its new food microbiological testing lab in Fairfield, New Jersey, USA, in October 2019. The 2,000-square-foot microbiological testing facility employs an information technology platform to provide various testing services to food producers, manufacturers, and suppliers across all food categories.
  • SGS announced the expansion of its new food microbiological testing lab in Carson, California, in March 2019. The microbial testing facility is 2,400 square feet in size. This expansion aims to broaden the company’s geographical coverage and its global network of agriculture and food labs.

 Global Mycotoxin Testing Market Scope

The mycotoxin testing market is segmented on the basis of type, product type, technology, sample and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Aflatoxins
  • Ochratoxins
  • Fusarium toxins
  • Deoxynivalenol
  • Patulin
  • Cyclopiazonic acid
  • Ergot alkaloids
  • Citrinin
  • Sterigmatocystin
  • Alternaria
  • T-2 toxin
  • Others

On the basis of type, the mycotoxin testing market is segmented into aflatoxins, ochratoxins, fusarium toxins, deoxynivalenol, patulin, cyclopiazonic acid, ergot alkaloids, citrinin, sterigmatocystin, alternaria, t-2 toxin and others.

Product type

  • Devices
  • Reagents & kits
  • Services

On the basis of product type, the mycotoxin testing market is segmented into devices, reagents & kits and services.

Technology

  • Chromatography based
  • Immunoassay-based
  • Lateral flow assay based
  • Spectroscopy based
  • Others

On the basis of technology, the mycotoxin testing market is segmented into chromatography based, immunoassay-based, lateral flow assay based, spectroscopy based and others.

Sample

  • Food & beverages
  • Feed
  • Pharmaceuticals
  • Others

On the basis of sample, the mycotoxin testing market is segmented into food & beverages, feed, pharmaceuticals and others.

End-user

  • Research lab
  • Research institutes
  • Food testing industries
  • Others

On the basis of end-user, the mycotoxin testing market is segmented into research lab, research institutes, food testing industries, feed testing industries and others.

Mycotoxin Testing Market,By investing in this study, you will gain access to a wealth of valuable information, including:

Product Information for the Mycotoxin Testing Market: Detailed insights into the global  Mycotoxin Testing Market,, with a breakdown by regions.

Regional Analysis: An in-depth examination of the market split across key regions, namely North America, Europe, Asia Pacific, South America, Middle East & Africa.

Country-wise Market Size Breakdown: Comprehensive information on the market size of significant countries that hold a major market share.

Mycotoxin Testing Market, Share and Revenue/Sales of Leading Players: Detailed data on the market share and revenue/sales generated by the industry’s leading players.

Mycotoxin Testing Market, Trends: Exploration of emerging technologies, innovative products, and start-ups, along with a comprehensive analysis using tools such as PESTEL Analysis, SWOT Analysis, and Porter’s Five Forces.

Product Information Mycotoxin Testing Market Size: Detailed information on the size of the Mycotoxin Testing market, focusing on different product segments.

Mycotoxin Testing Market, Size Analysis by Application/Industry Verticals: A thorough understanding of the market size within specific application areas or industry verticals.

Market Projections and Forecast: Valuable insights into the future projections and forecasts for the  Mycotoxin Testing Market,

With access to this information, you will be equipped to make informed decisions, identify growth opportunities, and stay ahead of the competition in the ever-evolving  Mycotoxin Testing Market,

Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-mycotoxin-testing-market

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