North America Mycotoxin And Food Testing Market Rising Demand for Immunoassay-based Testing

According to Precision Business Insights (PBI) latest report, the North America Mycotoxin and Food Testing market is expected to be worth USD 455.5 million in 2022, growing at a 10.9% CAGR from 2022 to 2028. North America Mycotoxin and Food Testing Market By Type (Aflatoxin, Deoxynivalenol, Ochratoxins, Fumonisins, Trichothecene, Zearalenone, Patulin, and Others), By Sample (Food (Cereals, grains, and pulses, Milk and milk products, Meat, poultry, and seafood, Nuts, seeds, and spices, Fruits and vegetables and Others), Feed (Cereals and cereal by-products, Seeds and seed products, Forage and silage and Others), By Technology (Chromatography- & spectroscopy-based and Immunoassay-based), and Geography Forecast to 2028.

View the detailed report description here - https://precisionbusinessinsights.com/market-reports/north-america-mycotoxin-and-food-testing-market/

Immunoassay-based Testing are Dominate the Mycotoxin and Food Testing Market:
Immunoassay-based accounted for 61.2% of the market and is expected to grow at a CAGR of 10.3% between 2022 and 2028. ELISA (enzyme-linked immunosorbent assay), for the testing of mycotoxins in foods and feeds, the ELISA detection method is effective, quick, specific, sensitive, inexpensive, and transportable. In addition, this methos requires low sample requirements in comparison to the conventional method.

United States Leads Mycotoxin and Food Testing Market:
The United States holds the market share of 87.2% in the mycotoxin and food testing market in the forecast period, and it is projected to grow at a CAGR of 10.4% in the coming years. Different microorganisms, such as parasites, bacteria, and viruses, can cause foodborne illness in the gastrointestinal (GI) tract as a result of chemicals found in food and beverage products. Diarrhea, vomiting, fever, abdominal discomfort, and chills are some of the foodborne symptoms in the region. Leads to Increase the demand for mycotoxin testing drive the market in the region.

Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players:
North America Mycotoxin and Food Testing market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In October 2018, Eurofins Scientific acquired EnvironeX Group Inc. (Canada) to expand its presence in the Canadian market. EnvironeX Group Inc. EnvironeX Group Inc. provides testing services to the environment, agricultural, food, health and pharmaceutical sectors with three laboratories. In January 2022, Bureau Veritas acquired Orion Assessment Services International Inc. Bureau Veritas' market-leading food laboratory testing capabilities were boosted in Canada, and this acquisition helped to the geographic expansion of its food certification business.

Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=62538

Key player's profiles in the report are SGS SA, Eurofins Scientific SE, Alta Bioscience, Romer Labs Division Holding GmbH, Charm Sciences, Inc., Intertek Group plc., Trilogy Analytical LaboratoriesR-Biopharm AG, ELISA Technologies, Inc., EMSL Analytical, Inc., Belcosta Labs, Inc. and ALS Limited.

Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 85278174

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.