DBMR - Food & Beverage

Global Mycotoxin Testing Market – Industry Trends and Forecast to 2026

  • Food & Beverage
  • Upcoming Report
  • Mar 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Mycotoxin Testing Market By Type (Aflatoxins, Ochratoxins, Fumonisins, Deoxynivalenol, Trichothecenes, Zearalenone, Patulin, Others), Sample (Food, Feed), Technology (Chromatography & Spectroscopy Based, Immunoassay-Based), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Mycotoxin Testing Market

Global Mycotoxin Testing Market is expected to rise from its initial estimated value of USD 873 million in 2018 to an estimated value of USD 1400.91 million by 2026, registering a CAGR of 6.09% in the forecast period of 2019-2026. This rise in market value can be attributed to growing volumes and prevalence of international trades requiring

Market Definition: Global Mycotoxin Testing Market

Mycotoxins can be defined as the harmful chemicals that are the produced by molds and fungi. These chemicals are a cause of a number of potential harmful diseases affecting everyone coming in contact with the affected food grain. This requires the need for testing and identifying these harmful chemicals in food grains and crops being grown over farms.

Market Drivers:

  • Variations in temperature and rise in levels of humidity leading to prevalence of mycotoxins; this factor is expected to drive the market growth
  • Growing awareness regarding presence of harmful toxins present in the various food and beverages has resulted in increasing demand for food testing services

Market Restraints:

  • Requirement of high cost equipment and capabilities in providing testing services; this factor is expected to act as a restraint to the market growth
  • Lack of regulations and infrastructure required for the adoption of services is expected to act as a restraint to the market growth

Segmentation: Global Mycotoxin Testing Market

  • By Type

    • Aflatoxins
    • Ochratoxins
    • Fumonisins
    • Deoxynivalenol
    • Trichothecenes
    • Zearalenone
    • Patulin
    • Others

  • By Sample

    • Food

      • Cereals, Grains & Pulses
      • Milk & Milk Products
      • Meat, Poultry & Seafood
      • Nuts, Seeds & Spices
      • Fruits & Vegetables
      • Others

    • Feed

      • Cereals & Cereal By-Products
      • Seeds & Seed Products
      • Forage & Silage
      • Others

  • By Technology

    • Chromatography & Spectroscopy Based

      • High Performance Liquid Chromatography (HPLC)
      • Others

        • Liquid Chromatography
        • Coupled Chromatography
        • Gas Chromatography
        • Tandem Chromatography

      • Immunoassay-Based

  • By Geography

    • North America

      • US
      • Canada
      • Mexico

    • South America

      • Brazil
      • Argentina
      • Rest of South America

    • Europe

      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Turkey
      • Belgium
      • Netherlands
      • Rest of Europe

    • Asia-Pacific

      • Japan
      • China
      • South Korea
      • India
      • Australia
      • Singapore
      • Malaysia
      • Indonesia
      • Thailand
      • Philippines
      • Rest of Asia-Pacific

    • Middle East and Africa

      • South Africa
      • Egypt
      • Saudi Arabia
      • United Arab Emirates
      • Israel
      • Rest of Middle East and Africa

Key Developments in the Market:

  • In January 2019, Bureau Veritas and AsureQuality announced that they had collaborated to form a food testing company based out of Singapore that will provide vast levels of food and water testing capabilities and equipment services to the Asia region.
  • In November 2017, Eurofins Scientific announced that they had acquired Spectro Analytical Labs Ltd. With this acquisition Eurofins will be able to provide their expertise in testing and analysis to India and the neighbouring regions.

Competitive Analysis: Global Mycotoxin Testing Market

Global mycotoxin testing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mycotoxin testing market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Mycotoxin Testing Market

Few of the major competitors currently working in the mycotoxin testing market are Bureau Veritas; Eurofins Scientific; AsureQuality; Romer Labs Division Holding GmbH; SGS SA; ALS Limited; Symbio Laboratories; Microbac Laboratories, Inc.; NEOGEN CORPORATION; Intertek Group plc; VICAM, A Waters Business; OMIC USA Inc.; Mérieux NutriSciences and EnviroLogix.

Research Methodology: Global Mycotoxin Testing Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. 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, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Competitive analysis of key competitors involved in the market
  • Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
  • Market drivers and restraints analysis along with the analysis of the market structure

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