Press release
Mycotoxin Feed Testing Market Surges Amid Rising Food Safety Concerns and Livestock Health Demand 2025 | Top key players - Bureau Veritas, Intertek Group plc, AsureQuality.
The Global Mycotoxin Feed Testing Market reached US$ 912.10 million in 2023 and is expected to reach US$ 2,242.25 million by 2031, growing with a CAGR of 11.9% during the forecast period 2024-2031.The Mycotoxin Feed Testing Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Mycotoxin Feed Testing Market involves the analysis and detection of toxic fungal metabolites in animal feed to ensure safety and quality. It plays a crucial role in preventing livestock health issues and economic losses. Driven by stringent regulations, rising awareness of feed safety, and increasing outbreaks of mycotoxin contamination, this market supports global food chain integrity and animal productivity.
Prominent Industry players in the Mycotoxin Feed Testing Market
The prominent players in Mycotoxin Feed Testing market research report are: Eurofins Scientific, SGS Société Générale de Surveillance SA, Bureau Veritas, Intertek Group plc, AsureQuality, Dairyland Laboratories Inc., IEH Laboratories and Consulting Group, ENVIROLOGIX INC., Romer Labs Division Holding, Thermo Fisher Scientific Inc.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry News
In September 2023, ImagoAI launched the world's fastest mycotoxin test, capable of delivering results in under 30 seconds. This breakthrough technology offers a more cost-effective and efficient solution for food producers, processors, feed mills, grain elevators, milling companies, and those involved in mycotoxin risk management streamlining safety checks across the supply chain.
In August 2021, Volac acquired Micron Bio-Systems, a bioscience company specializing in environmental products, nutraceuticals, silage additives, and mycotoxin remediation solutions. The acquisition also included Micron's advanced, UKAS-accredited testing facility, which plays a key role in detecting mycotoxins in feedstuffs and enhancing feed safety standards.
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Market Segments
By Type of Mycotoxin: Aflatoxins, Ochratoxin, Fumonisins, Deoxynivalenol, Patulin, Others.
By Technology: Chromatography Based, Immunoassay Bed, Lateral Flow Assay Based, Spectroscopy Based, Others.
By End-user: Feed Manufactures, Regulatory Agencies, Research Institutions, Others.
The Mycotoxin Feed Testing industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Mycotoxin Feed Testing Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Mycotoxin Feed Testing Market?
✒ Who are the prominent players in the Mycotoxin Feed Testing Market?
✒ How is the regulatory landscape affecting the Mycotoxin Feed Testing Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Mycotoxin Feed Testing Market?
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