Food Allergen Testing Market Analysis with Research Report 2020

Global Food Allergen Testing Market - Growth, Trends, And Forecast (2020 - 2023)

The report presents an in-depth assessment of the Global Food Allergen Testing including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Food Allergen Testing investments from 2020 till 2023.

The food allergen testing market is expected to reach a value of about USD 845 million by 2023, registering a CAGR of about 8.3% during 2018-2023 (the forecast period).

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The Global Food Allergen Testing market is highly competitive and consists of a number of major players. Companies, like Als Limited, Asurequality Ltd, Crystal Chem, Inc., Danaher Corporation, Eurofins Scientific Se, Intertek Group Plc, Merieux Nutrisciences Corporation, Microbac Laboratories, Inc., Neogen Corporation, Omega Diagnostics Group Plc, Perkin Elmer, Inc., R-Biopharm Ag, Romer Labs Division Holding Gmbh, Sgs Sa, Symbio Laboratories, Tuv Sud Spb Pte. Ltd among others.

Latest news and developments:

May 29, 2020: MARSS SpA business brand will be changed permanently to "ALS Inspection Chile SpA

This rebranding sees MARSS fully integrating the ALS brand with a change of name and logo. The change of name is a proof of our commitment to all our clients to continue delivering high quality services in Chile and the wider Latin America region under one reputable brand. The process to ensure a smooth integration of Marss into ALS has been a great success and this is largely due to the fantastic attitude and commitment demonstrated by all staff in Chile.

Market Insights

The planned product testing process is the only way to ensure that the food and beverage supply chain is operating in an efficient way. The immunoassay-based /ELISA testing can deliver a quantitative analysis, relatively quickly (in 1-2 hours), and the kits are available that cover eight major allergenic compounds. There are concerns about the interpretation of results, and in some cases, the confirmation of the positive result is necessary.

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Key Market Trends:

Increasing number of Allergic Reactions in Consumers

Consumer choice is the key for any food-based industry, as consumer safety, health concerns, and preferences drive any market. The rise of incidences of food-borne diseases is driving the food allergen testing market. The high probability of allergy is caused by proteins found in milk products that are classified among the Big Eight food, which account for about 90% of all food-allergy reactions in the United States. Despite a range of national and regional legislations, the food industry is unsatisfied with the lack of a harmonized approach toward the issue of allergens, their identification, management, and labeling. Increasing environmental pollution, incidence of allergic conditions, growing aging population, and lifestyle changes/disorders are some factors augmenting the market growth. These factors increase the chances of getting affected from various allergies and lead to allergy diagnosis. High investment cost, and stringent regulatory guidelines and policies are a few challenges faced by the players in this market.

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The key insights of the Food Allergen Testing Market report:
The report provides key statistics on the market status of the Food Allergen Testing market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Food Allergen Testing market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2023 market development trends of Food Allergen Testing Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Food Allergen Testing Industry before evaluating its feasibility.

Finally, Food Allergen Testing Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Food Allergen Testing industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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