The Food Allergen Testing Market Landscape: Growth, Size, and Opportunity through Research

 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.

This comprehensive study provides various aspects of business such as important definition, end use and total revenue generated across various regions. Besides this, researchers behind this study put in vigilant and persistent effort to keep a proximate attention on top performers of Food Allergen Testing Market. Import and export, demand and supply, gross margin, supply chain management and distribution channel are the other aspects examined during the research.

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Competitive Terrain:

The global Food Allergen Testing industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed 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

Additional information offered by the report:

  • Along with a complete overview of the global Food Allergen Testing market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Food Allergen Testing market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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Segments Covered in this report are:

  • 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

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

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