Food Allergen Testing Market to Reach US$ 1,198.53 million, Globally, by 2027 at 8.2% CAGR: The Insight Partners

According to our latest market study on "Food Allergen Testing Market Forecast to 2027 - Covid-19 Impact and Global Analysis by Source (Peanut and Soy, Wheat, Milk, Egg, Tree Nuts, Seafood, and Others); Technology (PCR (Polymerase Chain Reaction)-Based, Immunoassay Based/ELISA, and Other Tests/Techniques); Food Tested (Bakery and Confectionery, Infant Food, Processed Food, Dairy Products and Alternatives, Seafood and Meat Products, and Other Foods); and Geography," the market accounted for US$ 592.39 million in 2019 and is expected to grow at a CAGR of 8.2% during 2020-2027 to reach US$ 1,198.53 million by 2027. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

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Food allergens are naturally present proteins in foods or ingredients that cause abnormal immune response. It is caused when the human immune system wrongly recognizes these proteins in food as harmful. The most common food allergens reported around the globe include eggs, seafood, milk, peanuts, shellfish, soy, wheat, tree nuts, Brazil nuts, pine nuts, cashews, pistachios, and walnuts. As food allergens represent an ever-increasing risk for people with allergies, it is critical for food producers to conduct routine tests for the potential presence of allergens in their food products. Food allergen testing helps verify if raw materials and the final food product are free of unwanted food allergens. Food industries commonly use Enzyme-Linked Immunosorbent Assay (ELISA) to detect allergens in food products as it is an easy and less time-consuming technique; moreover, the assay is highly sensitive, cost-effective, reliable, and accurate. ELISA is successfully used to detect allergens in milk and milk products, meat and meat products, fish and fish products, nuts, soybean, and nut-based products, and fruit juices and their ingredients, among others.

Market Insights

Growing International Trade of Food and Food Ingredients

Rapid growth in the food & beverages industry as well as increasing international trade of food and food ingredients provide opportunities for the growth of the key players operating in the food allergen testing market. The food and food ingredients imported in North America, Europe, and the Middle East are strictly checked against quality and labeling standards. Therefore, the food and beverage manufacturers exporting their products in countries in these regionsneed to follow stringent food safety and labeling regulations, which further raises the necessity for food allergen testing. The world has seen an overall increase in food demand due to increases in population, urbanization, and higher purchasing power, coupled with a shift in dietary preferences. Countries such as India, Japan, Australia, Brazil, and Mexico have well-established food industries, and the food produced in these countries is mainly exported in countries such as the US, Germany, France, Saudi Arabia, and the UAE. The food producers are focusing on increasing the overall export to earn greater profits. Various types of food and food ingredients such as dairy, seafood, eggs, fruit and vegetables, luxury foods, organic food, meat, packaged food, condiments, and cereal-based products are exported globally.

Source Insights

The food allergen testing market, based on source, is segmented into Peanut and Soy, Wheat, Milk, Egg, Tree Nuts, Seafood, and Others. In 2018, the milk segment accounted for the largest share of the market. The largest share of the milk segment is primarily attributed to the increasing incidence of food allergies caused by milk in regions such as North America, Europe, and Asia Pacific. Lactose intolerance is a digestive disorder caused by the inability to digest lactose, which is the main carbohydrate found in dairy products. Therefore, people suffering from lactose intolerance avoid milk and dairy products. Allergy to cow milk is the most common food allergy in infants and young children. ~2.5% of children below 3 years of age are allergic to milk. An increasing number of people suffering from lactose intolerance worldwide is boosting the growth of the food allergen testing market for the milk segment.

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Food Tested Insights

Bakery products and confectionery, infant food, processed food, dairy products and alternatives, seafood and meat products, and other foods are susceptible to cause allergies. Additionally, the degrading quality of animal feed gives rise to the possibility of meat causing allergies in humans. Although the food &beverages industry is witnessing rise in demand for animal feed additives capable of improving the quality of feed, the food intolerance testing market yet holds strong position owing to ameliorate allergies caused by meat.

Global Food Allergen Testing Market – by Source
• Peanut and Soy
• Wheat
• Milk
• Egg
• Tree Nuts
• Seafood
• Others

Global Food Allergen Testing Market – by Technology
• PCR-Based
• Immunoassay-Based/ELISA
• Other Tests/Techniques

Global Food Allergen Testing Market – by Food Tested
• Bakery and Confectionery
• Infant Food
• Processed Food
• Dairy Products and Alternatives
• Seafood and Meat Products
• Other Foods

Key points from Table of Content:

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Food Allergen Testing Market Landscape

5. Food Allergen Testing Market– Key Market Dynamics

6. Food Allergen Testing - Global Market Analysis

7. Global Food Allergen Testing Market Analysis – By Source

8. Food Allergen Testing Market Analysis – By Technology

9. Food Allergen Testing Market Analysis – By Food Tested

10. Food Allergen Testing Market - Geographic Analysis

11. Industry Landscape

12. Company Profiles

13. Appendix

LIST OF TABLES

LIST OF FIGURES

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This release was published on openPR.