Precision Business Insights has published a report on the global mycotoxin testing market, estimating its value at USD 1,591 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 7.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-mycotoxin-testing-market/
The Mycotoxin Testing Market refers to the industry that detects hazardous mycotoxins, which are chemical substances generated by fungus and contaminate food and agricultural goods. Mycotoxin testing guarantees food safety, regulatory compliance, and protects against health hazards such as carcinogenicity and toxicity. The market covers several testing technologies such as chromatography-based, spectroscopy-based, and immunoassay-based methods for analyzing pollutants in cereals, grains, nuts, spices, and dried fruits.
Drivers:
- Rising Awareness of Food Safety: Increasing consumer concerns about food contamination and health risks drive demand for mycotoxin testing.
- Increasing Mycotoxin Contamination Risks: Climate change and improper storage conditions contribute to higher fungal growth, necessitating more frequent testing.
The global mycotoxin testing market segmentation:
1) By Technology: Service (HPLC, LCMS, Others), Immunoassay/ Test Kits (ELISA, Rapid LDF)
2) By Mycotoxin Type: Deoxynivalenol, Ochratoxins, Fumonisins, Aflatoxin, Trichothecenes, Zearalenone, Patulin, T2, HT2 Toxins, Citrinin, Others
3) By Sample: Food: (Meat & Poultry, Dairy, Fruits & Vegetables, Processed Food, Others), Feed (Cereals and cereal by-products, Seeds and seed products, Forage and silage, Others)
4) By End User: Mycotoxin Testing Laboratories, Food Companies
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Regional Overview:
The report also examines the current concerns and their Future Effects on the mycotoxin testing market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the mycotoxin testing market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Bureau Veritas S.A, Intertek Group Plc, SGS SA, ALS Limited, Eurofins, Libios, Symbio Laboratories, Merieux Nutrisciences, Romer Labs, Neogen, Charm’s Science.
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