Market Overview:
The global Food Allergen Testingmarket was valued at USD 518.4million in 2016 and is projected to reach USD 921.4millionby 2025, growing at a CAGR of 8.1% from 2017 to 2025.
In reality, all foodstuffs contain ingredients that can result in allergic reaction. To prevent such allergic reactions and improve labeling standards the food allergen testing has become of utmost importance. The introduction of new products with varied flavors is expected to boost the importance of food allergen testing.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Labeling compliance
1.2 Rise in allergic reactions among consumers
2. Market Restraints
2.1 Lack of food control infrastructure & resources in developing countries
2.2 Low awareness about labeling regulations
Market Segmentation:
The global Food Allergen Testingmarket is segmented on the source, technology, food tested, and region.
1. By Source:
1.1 Peanut and Soy
1.2 Milk
1.3 Wheat
1.4 Seafood
1.5 Egg
1.6 Tree Nuts
1.7 Others
2. By Technology:
2.1 Polymerase Chain Reaction
2.2 Enzyme Linked Immunosorbent Assay
2.3 Others
3. By Food Tested:
3.1 Infant Food
3.2 Bakery and Confectionery
3.3 Processed Food
3.4 Seafood and Meat Products
3.5 Dairy Products and Alternatives
3.6 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. SGS SA
2. MerieuxNutrisciences Corporation
3. TUV SUD PSB Pte Ltd.
4. Eurofins Scientific SE
5. MicrobacLaboartories
6. ALS Limited
7. Asurequality Ltd.
8. Symbio Laboratories
9. Romer Labs Diagnostic GmbH
10. Intertek Group PLC
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Food Allergen Testingmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL FOOD ALLERGEN TESTINGMARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL FOOD ALLERGEN TESTINGMARKETOUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL FOOD ALLERGEN TESTINGMARKET, BY SOURCE
5.1 Overview
5.2 Peanut and Soy
5.3 Milk
5.4 Wheat
5.5 Seafood
5.6 Egg
5.7 Tree Nuts
5.8 Others
6 GLOBAL FOOD ALLERGEN TESTING MARKET, BY TECHNOLOGY
6.1 Overview
6.2 Polymerase Chain Reaction
6.3 Enzyme Linked Immunosorbent Assay
6.4 Others
7 GLOBAL FOOD ALLERGEN TESTING MARKET, BY FOOD TESTED
7.1 Overview
7.2 Infant Food
7.3 Bakery and Confectionery
7.4 Processed Food
7.5 Seafood and Meat Products
7.6 Dairy Products and Alternatives
7.7 Others
8 GLOBAL FOOD ALLERGEN TESTINGMARKET, BY GEOGRAPHY
8.1 Overview
8.2 North AmericaRegional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 EuropeRegional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia PacificRegional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin AmericaRegional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the WorldRegional Market Estimates and Forecasts, 2012 - 2025
9 GLOBAL FOOD ALLERGEN TESTINGMARKETCOMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 SGS SA
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 MerieuxNutrisciences Corporation
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 TUV SUD PSB Pte Ltd.
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Eurofins Scientific SE
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Microbac Laboratories
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 ALS Limited
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Asurequality Ltd.
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Symbio Laboratories
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Romer Labs Diagnostic GmbH
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Development
10.10 Intertek Group PLC
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Development
11 Appendix
11.1 Related Reports
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