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Global Food Allergen Testing Market Top Leading Players with Strategies and Forecast 2022-2028

05-13-2022 11:29 AM CET | Health & Medicine

Press release from: Orion Market Reports

The global food allergen testing market is anticipated to grow at a significant CAGR of 7.6% during the forecast period (2022-2028). The food allergen testing market will grow as people become more conscious about the safety of food ingredients and products. Food allergen testing usually uses immunoassay-based technologies, such as the enzyme-linked immunosorbent assay, which are analytical measurement techniques that use antibodies to test components. In addition, low cost, quick turnaround time, and accurate results of these testing are also propelling the growth of the market. However, polymerase chain reaction-based technology is predicted to grow with the highest CAGR due to technological advancements. Polymerase chain reaction testing is a DNA-based technology that can provide accurate results and can be used to test for a variety of allergies.
The rising cases of food allergy is one of the major drivers of the food allergen testing market. According to the Asthma and Allergy Foundation of America, the majority of food allergy reactions are caused by eight items, including milk, soy, eggs, wheat, peanuts, tree nuts, fish, and shellfish. In the US, over 32 million people have food allergies in 2018. Food allergies affect around 26 million (10.8%) adults in the US while the remaining 6 million were children. Environmental pollution and an unhealthy lifestyle are some of the reasons behind this rising prevalence of food allergies. These factors raise the demand for allergy diagnoses, which in turn drives the market growth.

Allergies can be triggered by bakery and confectionery items, infant food, processed foods, dairy products and alternatives, seafood and meat products, and other foods. Furthermore, when animal feed quality deteriorates, there is a risk that meat will cause allergies in people. Despite the fact that demand for animal feed additives capable of boosting feed quality is increasing in the food and beverage industry.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Technology
o By Food Type

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- SGS SA., MERIEUX NUTRISCIENCES TESTING SERVICES, TUV SUD, Eurofins Scientific, and Microbac Laboratories, Inc., among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Food Allergen Testing Market is available at:
https://orionmarketreports.com/global-food-allergen-testing-market/45506/

Global Food Allergen Testing Market Report by Segment

By Technology
• Polymerase Chain Reaction
• Enzyme-Linked Immunosorbent Assay

By Food Type
• Infant Food
• Bakery & Confectionery
• Processed Food
• Others

Company name: Orion Market Reports
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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