The mycotoxin testing market was valued at 865.63 million in 2021 and is expected to reach the value of USD 1509.70 million by 2029, at a CAGR of 7.2%

Data Bridge Market Research completed a qualitative study titled "mycotoxin testing market" with 100+ market data tables, pie charts, graphs, and figures spread across Pages and an easy-to-grasp full analysis. This mycotoxin testing market report considers various factors that have a direct or indirect effect on the development of the business which includes historic data, present market trends, environment, technological innovation, upcoming technologies, and the technical progress in the Frozen Fruit and Vegetable Mix industry. Important industry trends, market size, and market share are analyzed and discussed in detail in this mycotoxin testing market research report. By understanding the minds of target markets, attitudes, feelings, beliefs, and value systems, this market research report has been prepared. The report makes you visualize what the mycotoxin testing market industry is doing which lends more credibility and trust.

Fundamental Aim of Fundamental Aim of mycotoxin testing market Report

In the mycotoxin testing market Industry, every company has goals, this report focuses in on the most important ones, allowing you to gain insight into the competition, the future of the market, potential new products, and other useful information that can boost your sales significantly.

• Factors influencing the mycotoxin testing market size and growth rate.
• Major alterations to the Frozen Fruit and Vegetable Mix Market in the near future.
• Notable Market rivals around the world.
• The mycotoxin testing market’s Future Scope and Product Outlook
• Future-promising emerging markets.
• The Market Presents Difficult Challenges and Threats.
• Sales data and profiles of the world's leading mycotoxin testing market

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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 analyses that the mycotoxin testing market was valued at 865.63 million in 2021 and 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 mold or fungi in the body or home using 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

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

Mycotoxin Testing Market Dynamics

Drivers

• Rising risk of mycotoxin contamination

The mycotoxins testing 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 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 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.

COVID-19 Impact on Mycotoxin Testing Market

COVID-19 has resulted in a significant shift in consumer demand, shifting away from restaurants, food service, and other types of "food away from home" and toward food consumed at home. This has resulted in numerous significant changes in the way food supply chains operate. As the COVID-19 pandemic spread, sales of "food away from home" (food consumed in hotels, restaurants, catering, and cafés) fell precipitously. COVID-19 has caused havoc in the food processing industry. Food companies in this industry have been impacted by social distancing rules, labor shortages due to movement restrictions, and lockdown measures to contain the virus's spread. Furthermore, regional governments' actions have limited the number of people working in small areas, which has hampered the growth of the food industry.

This Market Intelligence Report Analyses Some of the Most Crucial Concerns:

• How will the major segments of this international market develop over the next few years?

• Who are the major players that will dominate the market in the future?

• When it comes to Mycotoxin Testing Market who are the top suppliers and producers?

• How have the most successful companies in the industry planned for future growth and expansion?

• In what sectors might we expect to see the greatest increase in demand over the coming years?

• How many distinct subsets of buyers make up this market?

• Which regional powerhouse do you foresee as becoming the largest player in the international market?

• Does a new coronavirus pandemic have any consequences?

• In what ways are established actors stymied by the entry of newcomers, and how may they be overcome?

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 meager 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.

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

End-user

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

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 mycotoxin testing market report are 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.

Some of the major players operating in the 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)
• 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)
• Krishgen Biosystems (US)

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MAJOR TOC OF THE REPORT

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Chapter Six:  The mycotoxin testing market

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https://www.databridgemarketresearch.com/toc/?dbmr=global-mycotoxin-testing-market

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