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Global Mycotoxin Testing Market an estimated value of USD 1400.91 million by 2026 | Key Players-SGS SA; ALS Limited; Symbio Laboratories; Microbac Laboratories, Inc.; NEOGEN CORPORATION; Intertek Group plc, VICAM, A Waters Business; OMIC USA Inc.

04-05-2019 09:34 PM CET | Science & Education

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Global Mycotoxin Testing Market – Industry Trends and Forecast to 2026

Global Mycotoxin Testing Market – Industry Trends and Forecast to 2026

The Global Mycotoxin Testing marketing research report could be a skilled and in-depth study on the present state of Market. The market Report additionally calculates the market size, the report considers the revenue generated from the sales of This Report and technologies by varied application segments. an in depth study of product image and specifications, revenue, cost, price, gross, capability and production, company profiles, and speak to data is disbursed within the analysis of Global Mycotoxin Testing Market trade key manufacturer’s section. The report provides key statistics on the market standing of worldwide and regional Global Mycotoxin Testing Market makers and could be a valuable supply of steerage and direction for corporations and people inquisitive about the trade.

This report represents the overall size of the Global Mycotoxin Testing Market from a global perspective by analyzing historical data and future prospects. This report categorizes North America, Europe, China, Japan, Southeast Asia and India's production, apparent consumption, export and import of Global Mycotoxin Testing Market.

Market Analysis:

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

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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.

Market Definition:

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

Segmentation:

By Type (Aflatoxins, Ochratoxins, Fumonisins, Deoxynivalenol, Trichothecenes, Zearalenone, Patulin, Others),
By Sample (Food, Feed),
By Technology (Chromatography & Spectroscopy Based, Immunoassay-Based),
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Key Features of the Report
1. Key developments and product launches by the top players and brands
2. Key parameters which are driving the market
3. Key trends of the market
4. Challenges of market growth
5. What are the challenges being faced by the new entrants
6. Market volume

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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 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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About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact Us-

Data Bridge Market Research
US: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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Mycotoxin Testing Market: Snapshot As per the Food and Agriculture Organization, around 25% of the food produced worldwide contains mycotoxins, which is not seen by the eye and is toxic. Mycotoxins can cause infection in both human beings and animals and thus, there arises a need mycotoxin testing. Mycotoxins, made of fungi, colonize the grains and can come in various types. There are over 400 different categories of mycotoxins. With
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Mycotoxin binders are the substances used to bind or adsorb specific mycotoxin, thereby prevent them from being absorbed through the gut and into the blood circulation. Mycotoxins contaminate the feed and cause negative effects in the animals such as organ damage (liver/kidney), reproduction problems, reduced performance, and greater susceptibility to infectious diseases. Mycotoxin binders are added to the feed in order to reduce toxicity of mycotoxins. Substances used as mycotoxin