Press release
Food Allergen Testing Market to Reach USD 1.36 Billion by 2030, Growing at a CAGR of 6.78%
๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ ๐จ๐จ๐ ๐๐ฅ๐ฅ๐๐ซ๐ ๐๐ง ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ฆ๐ข๐ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐ฐ๐๐ซ๐๐ง๐๐ฌ๐ฌThe global Food Allergen Testing Market, valued at USD 858.78 million in 2023, is projected to grow at a CAGR of 6.78% through 2030, reaching USD 1.36 billion. This rapid growth is driven by increased awareness of food safety, rising prevalence of food allergies, and stringent regulations to ensure consumer health and safety.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/113132/
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐ ๐จ๐จ๐ ๐๐ฅ๐ฅ๐๐ซ๐ ๐๐ง ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ
Thailand's Food Allergen Testing Market Trends and Consolidation Opportunities
In Thailand, the growing focus on food safety in both local and international markets is fueling the demand for allergen testing solutions. The trend toward organic and allergen-free food products is evident, with consumers becoming more health-conscious. As a result, Thailand's food allergen testing market is poised for consolidation, offering opportunities for both regional and global companies to expand their footprint.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ง๐ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐ ๐จ๐จ๐ ๐๐ฅ๐ฅ๐๐ซ๐ ๐๐ง ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐๐ญ๐จ๐ซ
Singapore's Role in the Growth of the Food Allergen Testing Market and Technological Advancements
Singapore has become a hub for innovation in food safety testing, particularly in the realm of allergen detection. The country's well-established food safety regulations and significant investment in biotechnology make it an attractive market for food allergen testing companies. The ongoing trend toward technological advancements in allergen detection methods offers growth opportunities for players looking to innovate and lead the market.
๐๐๐ฉ๐๐ง ๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐จ๐จ๐ ๐๐ฅ๐ฅ๐๐ซ๐ ๐๐ง ๐๐๐ฌ๐ญ๐ข๐ง๐
Japan's Growth in Food Allergen Testing: Market Trends and Future Opportunities
Japan's food allergen testing market is expected to grow significantly due to its aging population and increased awareness of food allergies. The country's regulatory framework is evolving to include stricter allergen labeling, presenting a clear opportunity for businesses in the allergen testing industry. In addition, Japan's emphasis on precision food technologies is driving innovation in allergen detection.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ ๐จ๐จ๐ ๐๐ฅ๐ฅ๐๐ซ๐ ๐๐ง ๐๐๐ฌ๐ญ๐ข๐ง๐
South Korea's Food Allergen Testing Market: Trends, Growth, and Technological Opportunities
South Korea is positioning itself as a leader in the food safety sector, with increased government efforts to regulate food allergen labeling. The market is witnessing consolidation, with both domestic and international companies investing in food allergen testing technologies. Additionally, advancements in testing methods, particularly through molecular diagnostics, present a huge opportunity for growth and expansion.
๐๐ฎ๐ซ๐จ๐ฉ๐๐๐ง ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ ๐๐ซ๐ฌ, ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ ๐จ๐จ๐ ๐๐ฅ๐ฅ๐๐ซ๐ ๐๐ง ๐๐๐ฌ๐ญ๐ข๐ง๐
European Food Allergen Testing Market: Key Mergers, Acquisitions, and Growth Trends
Europe remains one of the largest markets for food allergen testing due to rigorous food safety regulations and increasing consumer demand for allergen-free food products. Mergers and acquisitions among key players are helping strengthen market consolidation, and ongoing technological innovation is expected to create new growth opportunities, particularly in Western and Eastern Europe.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/113132/
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ ๐จ๐จ๐ ๐๐ฅ๐ฅ๐๐ซ๐ ๐๐ง ๐๐๐ฌ๐ญ๐ข๐ง๐
Food Allergen Testing Market in the US: Consolidation, Innovation, and Growth Opportunities
The United States is a major player in the food allergen testing market, driven by growing awareness of food allergies, especially among children. The market is witnessing consolidation, with several large companies merging to offer comprehensive allergen testing solutions. Regulatory bodies like the FDA are also increasing their scrutiny of allergen labeling, which further propels the demand for allergen testing services. Opportunities for market players include innovations in testing methods and the expansion of allergen testing in the food service industry.
๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
Advancements in Technology: The adoption of Enzyme-Linked Immunosorbent Assay (ELISA) and PCR-based methods is revolutionizing the market by providing precise and efficient allergen detection.
Processed Food Segment: With its complex ingredient compositions, processed food leads the growth in allergen testing, accounting for significant market revenue.
Regional Insights: Europe dominates the market due to high food allergy incidence rates, with North America and Asia-Pacific following closely.
๐๐๐ซ๐ ๐๐ซ๐ฌ & ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐๐ญ๐ซ๐๐ง๐ ๐ญ๐ก๐๐ง๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Global players like Eurofins Scientific SE, Intertek Group PLC, and SGS SA have spearheaded strategic collaborations and acquisitions to expand their portfolios:
Eurofins Scientific acquired smaller diagnostic firms across the US and Asia to enhance allergen testing capabilities.
Intertek Group expanded its network in Vietnam and Thailand, focusing on local allergen compliance.
SGS SA partnered with Asian food manufacturers to address region-specific allergens like seafood and peanuts.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/113132/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
Asia-Pacific: Countries like Vietnam, Thailand, Singapore, Japan, and South Korea are seeing heightened demand for allergen testing due to rapid urbanization and changing dietary patterns.
Europe: With stringent allergen-labeling regulations, the region reported over 17 million allergy cases, pushing governments to invest heavily in testing infrastructure.
US: The prevalence of peanut and soy allergies (affecting 1 in 250 children) has made allergen testing critical, driving technological innovation and market growth.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/market-report/global-food-allergen-testing-market/113132/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐จ๐จ๐ ๐๐ฅ๐ฅ๐๐ซ๐ ๐๐ง ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
๐๐๐๐๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ก๐๐ซ๐ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
Eurofins Scientific SE (Luxembourg) - Pioneering allergen-specific test kits.
Intertek Group PLC (UK) - Expanding allergen testing solutions across Asia and
Europe.
SGS SA (Switzerland) - Focusing on sustainable allergen testing methods.
ALS Limited (Australia) - Diversifying into ELISA and PCR-based testing.
Merieux NutriSciences Corporation - Strengthening global presence through strategic acquisitions.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
Consumer Awareness: Increased recognition of the health risks associated with undeclared allergens in food products.
Regulatory Pressure: Governments in Europe, the US, and Asia are mandating rigorous testing and labeling.
Technological Advancements: Innovations in testing technologies, particularly ELISA, are making allergen detection faster and more cost-effective.
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