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Mycotoxin Feed Testing Market Insights 2025-2034: Growth Forecast and Strategic Priorities
Mycotoxin Feed Testing
Mycotoxin Feed Testing Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the mycotoxin feed testing market has witnessed significant expansion. The market, which was valued at $1.45 billion in 2024, is projected to reach $1.55 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.4%. The escalation during the historical period can be credited to alterations in crop patterns and environment, economic influences, consumer trust, international food safety cognizance, and industry cooperation.
Mycotoxin Feed Testing Market Size Forecast: What's the Projected Valuation by 2029?
The market size for mycotoxin feed testing is anticipated to witness robust expansion in the coming years, reaching a value of "$2.11 billion by 2029 with a compound annual growth rate (CAGR) of 8.1%. This growth during the predicted period can be credited to the impact of climate change, customer requirements, developing markets, and worldwide apprehensions related to food safety. Strict regulations, heightened consumer consciousness, precision agriculture, advanced testing procedures, as well as progress in feed solutions are expected to be the major trends during this period.
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What Are the Drivers Transforming the Mycotoxin Feed Testing Market?
The surge in cases of diseases originating from food sources is anticipated to drive the progress of mycotoxin feed testing. These diseases, termed as food-borne illnesses, arise from the intake of food or beverages tainted with harmful pathogens or microbes. There has been a rise in such diseases due to the heightened usage of commercial food services, advancements in food production and distribution techniques, the appearance of new or re-emerging infectious foodborne agents, dietary changes, among other factors. By decreasing the risk of consuming infected food, mycotoxin feed testing can, in turn, lessen the incidence of food-borne illnesses. For instance, the World Health Organization (WHO), a Switzerland-based agency for global public health, reported in May 2022 that about one-tenth of the world's population or approximately 600 million individuals suffer from food-borne illness and 0.42 million people die from it annually. Thus, the surge in food-borne illness cases is propelling the mycotoxins feed testing market's growth.
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What Long-Term Trends Will Define the Future of the Mycotoxin Feed Testing Market?
Advancements in testing technology are influencing the mycotoxins feed testing market. In September 2022, China-based Ring Biotechnology Co Ltd. launched the iQuanti mycotoxins rapid test kit, a lateral flow test that detects six major mycotoxins in grains within 10 minutes using a simple extraction process.
Which Segments in the Mycotoxin Feed Testing Market Offer the Most Profit Potential?
The mycotoxin feed testing market covered in this report is segmented -
1) By Type: Aflatoxins, Alternaria, Cyclopiazonic Acid, Citrinin, Fusarium Toxins, Ergot Alkaloids, Patulin, Ochratoxins, Sterigmatocystin, Other Types
2) By Sample: Cereals, Seeds And Seed Products, Forage And Silage, Other Samples
3) By Technology: Chromatography Based, Immunoassay-Based, Lateral Flow Assay Based, Spectroscopy Based, Other Technologies
4) By End-User: Food And Beverages, Animal Feed, Pharmaceuticals
Subsegments:
1) By Aflatoxins: Aflatoxin B1, Aflatoxin B2, Aflatoxin G1, Aflatoxin G2
2) By Alternaria: Alternaria Toxins
3) By Cyclopiazonic Acid: Testing For Cyclopiazonic Acid in Feed
4) By Citrinin: Citrinin Testing In Feed Products
5) By Fusarium Toxins: Deoxynivalenol (DON), Zearalenone, Fumonisins, T-2 Toxin
6) By Ergot Alkaloids: Testing For Ergotamine And Ergocristine
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Which Firms Dominate the Mycotoxin Feed Testing Market by Market Share and Revenue in 2025?
Major companies operating in the mycotoxin feed testing market include ALS Limited, AsureQuality Limited, Bureau Veritas SA, Eurofins Scientific SE, Intertek Group plc, Mérieux NutriSciences Corporation, SGS SA, Symbio Laboratories, Bio-Check Ltd., Charm Sciences Inc., EMSL Analytical Inc., IEH Laboratories and Consulting Group LLC, Neogen Corporation, Premier Analytical Services Inc., Romer Labs Division Holding GmbH, Tuv Sud Gesellschafterausschuss Gbr, Biomin Holding GmbH, CDX Laboratories Inc., Wettlab GmbH & Co. KG, Laboratoire du Nord, The Zwick Roell Group, Astell Scientific Ltd., BioAnalytix GmbH, C&K Testing Services Co. Ltd., Ceva Santé Animale, Chem Service Inc., ChromaDex Corporation, Control Union Certifications BV, CTI FoodTech Group, Dako A/S
Which Regions Offer the Highest Growth Potential in the Mycotoxin Feed Testing Market?
North America was the largest region in the mycotoxin feed testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global mycotoxin feed testing market during the forecast period. The regions covered in the mycotoxin feed testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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