Market Overview
Food allergens are substances found in certain foods that can trigger an abnormal immune system response that can lead to adverse health effects for some individuals. The proteins most commonly associated with food allergies are found in milk, eggs, fish, shellfish, tree nuts, peanuts, wheat, and soybeans. Food allergen testing helps manufacturers detect the presence of food allergens to avoid accidental contamination and ensure the safety of consumers. With increasing food safety regulations mandating food allergen testing and labeling across major economies, the demand for allergen testing continues to grow. The rising prevalence of food allergies worldwide has also increased consumer awareness about food safety, driving the need for reliable allergen testing methods.
The global food allergen testing market size is estimated to be valued at US$ 957.88 Mn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period from 2024 to 2031.
Key Takeaways
Key players operating in the food allergen testing market are Fable & Mane, Henkel AG, Procter & Gamble Co., Unilever Corporation, Kao Corporation, Aveda Corporation, Avon Products Inc., L’Oréal S.A., Revlon, Inc., Johnson & Johnson, Natura & Co., and Coty Inc. Food allergen testing helps manufacturers minimize the risk of recalls, liability claims, and loss of brand reputation. Testing methods such as immunoassays and polymerase chain reaction (PCR) allow reliable and accurate detection of trace amounts of allergens. Major players are investing in expanding their service portfolios and global footprint to tap lucrative growth opportunities in emerging markets like Asia Pacific and Latin America.
Market Drivers
The rising prevalence of food allergies among consumers is a key factor driving the need for reliable Food Allergen Testing Market Growth. According to statistics, nearly 50 million Americans have food allergies currently. Various initiatives by food safety regulatory bodies mandating food producers to test for and label allergens are also propelling the market growth. For instance, the Food Allergen Labeling and Consumer Protection Act (FALCPA) in the US requires extensive food allergen testing and labeling.
Market Restraints
The high cost associated with advanced testing methods could restrain the smaller food companies from regularly conducting food allergen testing. Variations in food safety standards across countries and lack of globally harmonized labeling regulations also pose challenges. Food fraud and deliberate mislabeling or substitution of ingredients are some other issues limiting the complete elimination of risks.
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