Global Mycotoxin Testing Market
17 Jul 2021
FMCG & Food
Impact Analysis on the Growth of Market
Activating Probable Propositions Amidst COVID-19 Crisis
With things going haywire, we analyze key points to make sure that the businesses around the globe are completely prepared to tackle potential implications caused by COVID-19. Be it protecting employees, customers or the overall business operations, we ensure that the employers take the right decisions, make strategic investments and maintain a healthy work culture along with taking probable measures to minimize the financial loss. Know More
The Research Report is Updated with 2021 Base Year, 2022 Estimated year and Forecast till 2031 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2021 as base year, 2022 as estimated year and forecast to 2031. This will have market drivers, recovery rate in the market, insights and competitive analysis.
The global Mycotoxin Testingmarket was valued at USD 4.89billion in 2016 and is projected to reach USD 9.29billionby 2025, growing at a CAGR of 7.4% from 2017 to 2025.
Mycotoxins are chemical products that are produced by fungi and bacteria. The fermented foods are highly susceptible to mycotoxin contamination. The dangerous side effects of mycotoxins is expected to boost the usage of mycotoxin testing services.
1. Market Drivers
1.1 Growing consumer awareness
1.2 Implementation of stringent regulation
2. Market Restraints
2.1 Lack of food control infrastructure & resources in developing countries
2.2 High costs
The global Mycotoxin Testingmarket is segmented on the type, technology, food and feed tested, and region.
1. By Type:
2. By Technology:
2.1 High Performance Liquid Chromatography
2.3 Immunoassay Based
3. By Food and Feed Tested:
3.1.1 Dairy Products
3.1.2 Cereals, Grains and Pulses
3.1.3 Processed Food
3.1.4 Nuts, Seeds and Spices
3.1.5 Poultry and Meat
3.2.1 Cakes and Oil Meals
3.2.2 Cereals and Cereal By Products
3.2.3 Forage and Silage
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. Bureau Veritas SA
2. ALS Limited
3. Symbio Laboratories
4. Intertek Group PLC
5. Silliker Inc.
6. Romer Labs Diagnostic GmbH
7. Microbac Laboratories Inc.
8. SGS SA
9. Eurofins Scientific SE
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Mycotoxin Testingmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook