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Middle East and Africa Mycotoxin Testing Market – Industry Trends and Forecast to 2030

  • Food & Beverage
  • Upcoming Report
  • Jun 2023
  • MEA
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Middle East and Africa Mycotoxin Testing Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 4.39 Million
Diagram Market Size (Forecast Year) USD 6.63 Million
Diagram CAGR %

Middle East and Africa Mycotoxin Testing Market, By Type (Aflatoxins, Ochratoxins, Fusarium Toxins, Deoxynivalenol, Patulin, Penicillium Toxins, Cyclopiazonic Acid, Ergot Alkaloids, Citrinin, Sterigmatocystin, Alternaria, T-2 Toxin, Zearalenone, and Others), Product Type (Devices, Reagents & Kits, and Services), Technology (Chromatography Based, Immunoassay-Based, Lateral Flow Assay Based, Spectroscopy Based, and Others), Sample (Food, Feed, and Pharmaceuticals), End User (Research Lab, Research Institutes, Food Testing Industries, Feed Testing Industries, and Other) – Industry Trends and Forecast to 2030.

Middle East and Africa Mycotoxin Testing 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 molds. 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 analyzes that the market which was USD 4.39 million in 2022, would rocket up to USD 6.63 million by 2030, and is expected to undergo a CAGR of 5.4% during the forecast period.

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Middle East and Africa Mycotoxin Testing Market​​​​​​​ Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

 By Type (Aflatoxins, Ochratoxins, Fusarium Toxins, Deoxynivalenol, Patulin, Penicillium Toxins, Cyclopiazonic Acid, Ergot Alkaloids, Citrinin, Sterigmatocystin, Alternaria, T-2 Toxin, Zearalenone, and Others), Product Type (Devices, Reagents & Kits, and Services), Technology (Chromatography Based, Immunoassay-Based, Lateral Flow Assay Based, Spectroscopy Based, and Others), Sample (Food, Feed, and Pharmaceuticals), End User (Research Lab, Research Institutes, Food Testing Industries, Feed Testing Industries, and Other

Countries Covered

South Africa, Saudi Arabia, Oman, Qatar, UAE, Kuwait, and Rest of Middle East and Africa

Market Players Covered

           

SGS (Switzerland), Bureau Veritas (France), Eurofins Scientific (Luxembourg), Intertek Group plc (UK), Mérieux NutriSciences Corporation (US), ALS Limited (Australia), Neogen (US), AsureQuality (New Zealand), Bio-Check (UK)

Market Opportunities

  • Growing international food trades
  • Rising food-borne diseases and lack of sanitation
  • Rising incidences of mycotoxin occurrences in developing regions

Market Definition

Mycotoxin testing detects the presence of harmful mycotoxin metabolites caused by mold 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.

Middle East and Africa Mycotoxin Testing Market​​​​​​​ Dynamics

Drivers

  • Rising risk of mycotoxin contamination

The market is expected to grow during the forecast period due to the increased risk of mycotoxin contamination in livestock feed and rising incidences of mycotoxin occurrences in crops.

  • Stringent regulations laid by the government on the implementation of testing

Various governments and regulatory bodies have made testing of animal feed and food ingredients mandatory throughout the world. Animal feed is not approved for marketing unless its safety and efficacy have been proven. Such precautions to avoid contamination, chemicals, and toxic presence have significantly impacted the growth of the Middle East and Africa mycotoxin testing market. Many countries have enacted specific regulations for mycotoxins in food and animal feed to protect human and animal health.

Opportunity

  • Increasing food trade across the borders of emerging markets

Increasing food trade across the borders of emerging markets expands the market's opportunity for growth. The rising number of food-borne illnesses and poor sanitation and processing conditions in factories in a few countries necessitate the need for mycotoxin testing of food. The implementation of regulations in emerging economies that have entered the food trade and the authorization of authorities to prohibit the import and supply of contaminated food and enforce food recalls are expected to increase demand for testing services in these regions. Furthermore, increasing cases of mycotoxicosis outbreaks in Asia and Africa are expected to create significant growth opportunities for mycotoxin testing in these regions.

Restraints/Challenges

  • Mycotoxin testing markets lack organization

Several developing regions in mycotoxin testing markets lack organization, sophistication, and technology. Food control laboratory infrastructure is likely to be scarce in many developing countries due to limited resources, limited technology, and poor management. There are numerous issues concerning food safety, such as a lack of institutional coordination, outdated technology, a lack of expertise for executing regulation at the lowest levels, and a lack of updated standards, all of which have hampered the market. Laboratories are under-equipped and lack appropriate by untrained analytical personnel.

This Middle East and Africa mycotoxin testing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the mycotoxin testing market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

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.

Middle East and Africa Mycotoxin Testing Market Scope

The Middle East and Africa mycotoxin testing market is segmented on the basis of type, product type, technology, sample, and end user.

Type

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

Product type

  • Devices
  • Reagents & kits
  • Services

Technology

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

Sample

  • Food & beverages
  • Feed
  • Pharmaceutical

End-user

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

Middle East and Africa Mycotoxin Testing Market Regional Analysis/Insights

The mycotoxin testing market is analyzed and market size insights and trends are provided by country, type, product type, technology, sample, and end-user as referenced above.

The countries covered in the Middle East and Africa mycotoxin testing market report are South Africa, Saudi Arabia, Oman, Qatar, UAE, Kuwait, and the Rest of the Middle East and Africa.

South Africa dominates the Middle East and Africa mycotoxin testing market because of the strong base of consumers, strong presence of the major players in the market, and the rising number of testing activities in this country in terms of market share. 

South Africa is growing with the highest CAGR due to the establishment of the guidelines and rising concern towards food safety and regulations. South Africa has comprised the highest market share as the country has observed the highest range of mycotoxin in their food and feed products and their engagement in the development of the techniques has made their strong presence in Middle East and Africa region.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data. 

Competitive Landscape and Mycotoxin Testing Market Share Analysis

Mycotoxin testing market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to market.

Some of the major players operating in the Middle East and Africa Mycotoxin Testing Market are:

  • SGS (Switzerland)
  • Bureau Veritas (France)
  • Eurofins Scientific (Luxembourg)
  • Intertek Group plc (UK)
  • Mérieux NutriSciences Corporation (US)
  • ALS Limited (Australia)
  • Neogen (US)
  • AsureQuality (New Zealand)
  • Bio-Check (UK)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Middle East and Africa Mycotoxin Testing Market is known to be worth USD 6.63 million by 2030.
The Growth Rate of the Middle East and Africa Mycotoxin Testing Market is 5.4% by 2030.
The Rising risk of mycotoxin contamination, and Stringent regulations laid by the government on the implementation of testing are growth drivers of the Middle East and Africa Mycotoxin Testing Market.
The major companies in the Middle East and Africa Mycotoxin Testing Market are SGS, Bureau Veritas, Eurofins Scientific, Intertek Group plc, Mérieux NutriSciences Corporation, etc.
The type, product type, technology, sample, and end-user are the factors on which the Polymer Concrete Market research is based on.
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