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Food Allergen Testing Global Market Report 2024 by The Business Research Company | Thermo Fisher Scientific, Ecolab Inc., Eurofins Scientific, SGS SA, Bureau Veritas, Intertek Group plc, Bio-Rad Laboratories Inc., ALS Limited, Neogen Corporation, IEH Labo
The food allergen testing market size has grown rapidly in recent years. It will grow from $0.91 billion in 2023 to $1.01 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increased incidence of food allergies, stringent regulatory requirements, rising consumer awareness, globalization of food supply chains, and advancements in testing technologies.The food allergen testing market size is expected to see rapid growth in the next few years. It will grow to $1.5 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to expanding food industry regulations, growing demand for allergen-free products, technological innovations in testing methods, rising incidence of food allergies worldwide, and increasing focus on food safety and quality assurance. Major trends in the forecast period include adoption of rapid and portable testing solutions, integration of blockchain technology for traceability, expansion of point-of-care testing options, development of multiplex testing assays, and emergence of AI and machine learning in data analysis.
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Food Allergen Testing Market Major Segments
The food allergen testing market covered in this report is segmented -
1) By Test Type: Allergen Testing, Intolerance Testing
2) By Technology : Biosensors, Immunoassay Or Enzyme Linked Immunosorbent Assay (ELISA), Polymerase Chain Reaction (PCR), Other Technologies
3) By Application: Seafood And Meat Products, Dairy Products, Beverages, Bakery And Confectionery, Baby Food And Infant Formula, Other Applications
Key Driver - Leukocyte Adhesion Deficiency Management Market Grows In Response To Rising Prevalence Of Primary Immunodeficiency.
The increasing incidences of food allergies are expected to propel the food allergen testing market going forward. Food allergies refer to adverse immune responses triggered by specific food proteins, potentially causing a range of symptoms from mild discomfort to severe reactions. The increasing incidences of food allergies are caused due to genetic predispositions, environmental influences, dietary changes, and improved awareness and diagnosis. Food allergen testing identifies and quantifies allergenic substances in food products, preventing allergic reactions in individuals with food allergies. For instance, in January 2023, according to findings published by the Centers For Disease Control and Prevention, a US-based governmental organization, 6.2% of adults and 5.8% of children in the United States reported food allergies in 2021. Therefore, the increasing incidences of food allergies are driving the growth of the food allergen testing market.
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Prominent Trend - New Rapid Gluten Test Promises Accurate Detection And Eliminates False Negatives
Major companies operating in the food allergen testing market are focused on developing rapid tests such as immunochromatographic assays for detection and to gain a competitive edge in the market. Immunochromatographic assay refers to a rapid diagnostic test method used to detect specific allergenic proteins in food products using the principles of chromatography and immunological reactions. For instance, in March 2024, Gold Standard Diagnostics Budapest Kft, a Hungary-based company providing diagnostic solutions, launched the SENSIStrip Gluten PowerLine lateral flow test to ensure the rapid gluten test minimizes the occurrence of false negative results. It uses an immunochromatographic assay. It is a sensitive detection system based on a monoclonal antibody and is particularly capable of detecting gluten residues in food matrices, rinse water, and swabs. This test allows for a quick and sensitive detection of gluten, which is crucial for people with gluten intolerance or celiac disease. It also includes an introduced hook line to exclude false-negative interpretations of highly contaminated samples. The results can be interpreted visually, and a quantitative evaluation is also possible in combination with their RapidScan ST5 lateral flow reader.
Food Allergen Testing Market Players
Major companies operating in the food allergen testing market are Thermo Fisher Scientific, Ecolab Inc., Eurofins Scientific, SGS SA, Bureau Veritas, Intertek Group plc, Bio-Rad Laboratories Inc., ALS Limited, Neogen Corporation, IEH Laboratories & Consulting Group, AsureQuality Limited, Mérieux NutriSciences, Microbac Laboratories Inc, R-Biopharm AG, TUV SUD America, Symbio Laboratories, Campden BRI, Romer Labs, Q Laboratories Inc., NSL Analytical Services Inc., Emport LLC, Allergenis Inc., Crystal Chem Inc., BioFront Technologies, Bia Diagnostics
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Largest And Fastest Growing Region In The Market
North America was the largest region in the food allergen testing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food allergen testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Food Allergen Testing Market Report Structure
3. Food Allergen Testing Market Trends And Strategies
4. Food Allergen Testing Market - Macro Economic Scenario
5. Food Allergen Testing Market Size And Growth
…..
27. Food Allergen Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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