The latest report, titled ‘Global Food Allergen Testing Market,’ offers a holistic outlook of the global Food Allergen Testing market, bringing the significant paradigm shifts in the market to readers’ attention. The report is targeted at the readers who take enormous interest in this business sector and look forward to capitalizing on the study’s deep insights to make strategic business decisions. The latest study is a compilation of the industry-wide data & information intended to help create a database containing all the fundamental aspects of the Food Allergen Testing market. The report takes a closer look at the historical and current market scenarios to accurately predict the global Food Allergen Testing market outlook over the forecast duration.

 

The global food allergen testing market size reached USD 760.7 Million in 2022 and is expected to register a rapid revenue CAGR of 6.9% during the forecast period. Rising allergic reactions among consumers is a key factor driving market revenue growth. Food allergies develop when the immune system overreacts to normally harmless foods and can cause stomachache, diarrhea, dizziness, asthma, rashes, and stinging or tingling in the mouth. Food allergy testing helps to determine whether the individual is allergic to a particular food. According to research, every year around 200,000 people in the U.S. require emergency medical care for allergic reactions to food.

 

These facts and figures help readers evaluate the global market growth, production, and consumption rates, volatility in demand and product prices, and upcoming market trends over the projected period. The market research report contains significant details on the global Food Allergen Testing market value based on market dynamics and various growth factors. It scrutinizes several key aspects of the market, including the latest technological innovations in the industry, ongoing trends, and developmental opportunities. One of the most vital components of the report is the SWOT analysis, coupled with a detailed overview of the market’s competitive landscape.

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Radical Highlights of the Food Allergen Testing Market Report:

  • Comprehensive overview of the Food Allergen Testing market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and R&D advancements on the Food Allergen Testing market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Food Allergen Testing market expected to boost the growth of the industry in the coming years.

Food Allergen Testing Market Segmentation:

 

  • Source Outlook (Revenue, USD Million; 2019–2032)

    • Peanut & Soy
    • Wheat
    • Gluten
    • Milk
    • Egg
    • Fish
    • Shellfish
    • Tree nut
    • Seafood
    • Others

 

 

  • Technology Outlook (Revenue, USD Million; 2019–2032)

    • Polymerase Chain Reaction (PCR)-Based
    • Immunoassay Based
    • Others

 

 

  • Food Tested Outlook (Revenue, USD Million; 2019–2032)

    • Bakery & Confectionery
    • Packaged Food
    • Dairy Products & Alternatives
    • Seafood & Meat Products
    • Beverages
    • Others

 

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Food Allergen Testing market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

Key Companies Profiled in the Report are:

Intertek Group plc, SGS Société Générale de Surveillance SA, Bureau Veritas, Eurofins Scientific, Neogen Corporation, AsureQuality, Charm Sciences, Premier Analytics Servies, AES Laboratories Pvt. Ltd., and EnviroLogix

Regional Landscape section of the Food Allergen Testing report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

Regional Analysis:

This section of the report offers valuable insights into the geographical segmentation of the  Food Allergen Testing market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.

The report classifies the global  Food Allergen Testing market into various regions, including:

  • North America (U.S., Canada)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

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Highlights of Table of Contents (TOC):

  • Overview of Global Food Allergen Testing Market
  • Competitive analysis of the Food Allergen Testing market
  • Regional analysis of Global Food Allergen Testing market production and revenue
  • Regional analysis of Global Food Allergen Testing market supply, consumption, and export & import
  • Type-based market analysis of global Food Allergen Testing production, revenue, and price trends
  • Application-based analysis of the global Food Allergen Testing market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Food Allergen Testing market
  • Conclusion of the research report
  • Appendix

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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