Press release
What's Driving the Food Allergen Testing Market 2025-2034: Rising Food Allergies Fuel Growth In Food Allergen Testing Market
What Are the Projections for the Size and Growth Rate of the Food Allergen Testing Market?In recent years, the market size for food allergen testing has experienced rapid growth. The market, which was valued at $1.01 billion in 2024, is projected to increase to $1.12 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.8%. Factors such as a surge in food allergy incidences, stricter regulatory criteria, heightened consumer awareness, global expansion of food supply chains, and advancements in testing technologies have contributed significantly to the growth observed during the historical period.
There is an anticipated swift expansion in the food allergen testing market, with predicted growth to $1.66 billion in 2029, stretching at a compound annual growth rate (CAGR) of 10.4%. The factors contributing to this growth in the coming years include escalated food industry regulations, a surge in demand for allergen-free products, advancements in testing techniques, an increase in global food allergies, and intensified emphasis on food safety and quality assurance. The forthcoming period also signifies major trends like the implementation of quick and moveable testing solutions, the incorporation of blockchain technology for traceability, broadening of point-of-care testing alternatives, the evolution of multiplex testing assays, and the appearance of AI and machine learning in data interpretation.
What Is Driving the Growth Trajectory of the Food Allergen Testing Market?
The escalating occurrence of food allergies is predicted to fuel the growth of the food allergen testing market. Food allergies occur as a consequence of adverse immunological responses prompted by specific food proteins, potentially causing a wide range of symptoms from mild discomfort to severe reactions. The surge in food allergies traces its origin to factors such as genetic predispositions, lifestyle changes, increased awareness and precise diagnosis, and environmental influences. Food allergen testing aids in identifying and quantifying allergenic substances in food products, thereby preventing potential allergic reactions in individuals with food allergies. For instance, CPD Online College Limited, a UK-based firm, indicated in March 2024 that about two million people are believed to have diagnosed food allergies in the UK. Moreover, it is thought that approximately 33 million people in the US suffer from allergies. Australia, with one of the highest allergy rates in the world, sees about 10% of infants, 4 to 8% of children, and 2% of adults affected by food allergies. Hence, the upsurge in the prevalence of food allergies is fuelling the expansion of the food allergen testing market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15569&type=smp
Which Businesses Are at the Forefront of Food Allergen Testing Market Development?
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
What Are the Latest Innovations in the Food Allergen Testing Market?
Leading businesses in the food allergen testing market are concentrating on the advancement of quick tests like immunochromatographic assays for identification, in order to secure a competitive benefit in the industry. This refers to a swift diagnostic technique utilised to identify specific allergenic proteins in food items, incorporating chromatography and immune response principles. Take, for example, Gold Standard Diagnostics Budapest Kft, a diagnostic solutions provider based in Hungary. They introduced the SENSIStrip Gluten PowerLine lateral flow test in March 2024 to help reduce false negatives in rapid gluten tests. The test utilizes an immunochromatographic assay and is primarily a sensitive detection system designed to identify gluten residues in food matrices, rinse water, and swabs. This test, based on a monoclonal antibody, facilitates speedy and sensitive gluten detection, a critical factor for individuals suffering from gluten intolerance or celiac disease. A hook line to eliminate false-negative readings of highly contaminated samples is also incorporated. The results can be interpreted visually, with a quantitative assessment also feasible when paired with their RapidScan ST5 lateral flow reader.
How Is the Food Allergen Testing Market Segmented?
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
Subsegments:
1) By Allergen Testing: Immunoassay-Based Tests, PCR-Based Tests, Mass Spectrometry-Based Tests, Luminex xMAP Technology, Chromatography-Based Tests
2) By Intolerance Testing: Breath Tests, Blood Tests, Elimination Diets And Food Challenge Testing
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/food-allergen-testing-global-market-report
Where Is the Food Allergen Testing Market Growth Most Prominent?
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.
What Is Covered In The Food Allergen Testing Global Market Report?
- Market Size Analysis: Analyze the Food Allergen Testing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Food Allergen Testing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Food Allergen Testing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Food Allergen Testing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15569
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's Driving the Food Allergen Testing Market 2025-2034: Rising Food Allergies Fuel Growth In Food Allergen Testing Market here
News-ID: 3861464 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Test
Vitamin Test Market: Global Vitamin Test Analysis and Forecast (2023-2029)Vitami …
12.04.2024: Vitamin Test Market Overview
The development of companion diagnostic tools and advances in personalised treatment are driving considerable growth and revolution in the oncology Vitamin Test market. In the era of precision medicine, where healthcare is increasingly customised for individual individuals based on their own genetic and molecular profiles, this market segment is essential. Ongoing innovation and development define the oncology Vitamin Test market. To find particular biomarkers, genetic mutations,…
CAGR 8.1% Homecare Pregnancy Test Kits Market By Type of Test (Urine Test For H …
The Homecare Pregnancy Test Kits market report by Reports and Data provides an extensive overview of the vital elements of the Homecare Pregnancy Test Kits market and factors such as the drivers, restraints, latest trends, supervisory scenario, competitive landscape, technological advancements, and others. Further, it mentions the market shares associated with the market in terms of both value and volume along with the segmentation. Space-age industrial and digitalization tools are…
Home Safety Test Kits Market, Home Safety Test Kits Market Trends, Home Safety T …
“Home Safety Test Kits Market” 2020-2025 Research Report is a professional and in-depth study on the current state of the market. Global Home Safety Test Kits market containing a complete view of the market size, business share, profit estimates, SWOT analysis and the regional landscape of the Industry. The report explains key challenges and future development prospects of the market. The Global Home Safety Test Kits analysis is provided for…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Hearing Screening and Diagnostic Devices Market Demands with Major Tests: pure T …
New Market Research Reports Title "Hearing Screening And Diagnostic Devices Market 2018" Has Been Added to Crystal Market Research Report database.
Hearing Screening and Diagnostic Devices - Competitive Insights:
The leading players in the market are Gn Otometrics A/S, Otodynamics, Nashua Hearing Group, Siemens Healthineers, Natus Medical Incorporated, Interacoustics A/S, Neurosoft S.A, Accent Hearing Pty Ltd, MAICO Diagnostics GmbH and IntriCon Corporation. The major players in the market are profiled in detail…
Global Low Temperature Test Equipment Market Outlook 2017 : Ektron Tek, IEC Test …
Global Low Temperature Test Equipment Market 2017-2022
A market study ” Global Low Temperature Test Equipment Market ” examines the performance of the Low Temperature Test Equipment market 2017. It encloses an in-depth Research of the Low Temperature Test Equipment market state and the competitive landscape globally. This report analyzes the potential of Low Temperature Test Equipment market in the present and the future prospects from various angles in detail.
The Global…
