2025-2034 Mycotoxin Feed Testing Market Evolution: Disruptions, Innovations, and Untapped Opportunities

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What Is the Expected CAGR for the Mycotoxin Feed Testing Market Through 2025?
In recent times, there has been a significant increase in the market size of mycotoxin feed testing. The market, which stood at $1.45 billion in 2024, is forecasted to escalate to $1.54 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.2%. This growth during the historical period can be linked to elements such as alterations in crop and environment, economic variables, consumer trust, global attention to food safety, and collaboration within the industry.

What's the Projected Size of the Global Mycotoxin Feed Testing Market by 2029?
In the upcoming years, the mycotoxin feed testing market is anticipated to experience robust growth, reaching $2.11 billion by 2029 with a compound annual growth rate (CAGR) of 8.1%. Factors such as the effects of climate change, consumer demands, emerging markets, and worldwide food safety issues contribute to the growth predicted for this forecast period. Notable trends for this period include strict regulatory norms, increasing consumer awareness, precision farming, advanced testing methodologies, and progress in feed solutions.

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Top Growth Drivers in the Mycotoxin Feed Testing Industry: What's Accelerating the Market?
Rising instances of food-borne diseases are projected to boost the growth of mycotoxin feed testing. Food-borne diseases refer to illnesses that happen as a result of consuming foods or drinks contaminated with pathogens or microorganisms. The increase in such diseases is influenced by factors like the growing reliance on commercial food services, novel ways of food production and distribution, the appearance of new or resurfacing infectious foodborne agents, and changes in diet among others. Implementing mycotoxin feed testing can lower the probability of consuming contaminated food, thus decreasing food-borne diseases. For example, based on the information released by the World Health Organization (WHO), a government agency in Switzerland in charge of international public health, in May 2022, over 600 million people or nearly one in ten individuals worldwide are affected by food-borne diseases and around 0.42 million people lose their lives annually. Consequently, the surge in food-borne disease cases is fueling the growth of the mycotoxin feed testing market.

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What Trends Will Shape the Mycotoxin Feed Testing Market Through 2029 and Beyond?
One significant trend emerging in the mycotoxins feed testing market is the progression of technology. Mycotoxin feed testing focuses on the examination of animal feed for the identification and quantification of mycotoxins, which are toxic substances naturally produced by fungi that have the capacity to contaminate animal feed and result in health issues for livestock. Mycotoxin feed testing kits allow users to gain more certainty and verify the quality of food or feed, as well as safeguard them from diseases. For example, Ring Biotechnology Co Ltd., a leading biotechnology firm from China known for its rapid food safety testing and animal disease diagnosis, introduced the new innovative iQuanti mycotoxins quantitative rapid test kit in September 2022. This lateral flow immunoassays-based test kit aids in the detection of the five principal mycotoxins found in cereals including aflatoxin B1, zearalenone, fumonisin, T2-toxin, ochratoxin, and vomitoxin. The kit can swiftly detect these major mycotoxins in as short as 10 minutes after a straightforward specimen extraction.

What Are the Main Segments in the Mycotoxin Feed Testing Market?
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 Top Companies are Driving Growth in the Mycotoxin Feed Testing Market?
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 Will Dominate the Mycotoxin Feed Testing Market Through 2029?
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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