Food Allergen Testing Market Share, Trend Analysis, Key Drivers, Size And Forecast To 2033

The new report published by The Business Research Company, titled Food Allergen Testing Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, 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 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%.

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Rising Food Allergies Fuel Growth In Food Allergen Testing Market
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.

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.

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

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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

Contents of the report:
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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