Mycotoxin and Food Testing Market Research Insights 2022-28
The global mycotoxin and food testing market size was valued at USD X million in 2021 and is poised to grow at a CAGR of 11.5% during the forecast period 2022 to 2028 Global Mycotoxin and Food Testing Market segmented By Type (Aflatoxin, Deoxynivalenol, Ochratoxins, Fumonisins, Trichothecene, Zearalenone, Patulin and Others) By Sample, (Food (Cereals, grains, and pulses, Milk and milk products, Meat, poultry, and seafood, Nuts, seeds, and spices, Fruits and vegetables and Others), Feed (Cereals and cereal by-products, Seeds and seed products, Forage and silage and Others), By Technology, (Chromatography- & spectroscopy-based and Immunoassay-based) and Geography.
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Asia Pacific Leads Mycotoxin and Food Testing Market
Asia Pacific expected to hold the market share of % in the mycotoxin and food testing market over the forecast period, and it is projected to grow at a CAGR of xx% in the coming years. Increased the demand for mycotoxin testing and customer concerns driving the market in the region.
Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players
Global Mycotoxin and Food Testing market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In 2017, Eurofins, boosted its product offering in the food testing market by acquiring Institut Nehring GmbH, a major food testing laboratory in Germany, thereby increasing its market share in the German food testing market
Key player’s profiles in the report are SGS SA, Eurofins Scientific SE, Alta Bioscience, Romer Labs Division Holding GmbH, Charm Sciences, Inc., Intertek Group plc., Trilogy Analytical LaboratoriesR-Biopharm AG, ELISA Technologies, Inc., EMSL Analytical, Inc, Belcosta Labs, Inc. and ALS Limited.
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