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Global Food Allergen Testing Market : Industry Size, Share, Analysis, Trend & Forecast 2023

Press Release   •   Apr 05, 2018 12:38 IST

Bharat Book Bureau Provides the Trending Market Research Report on “Global Food Allergen Testing Market, Forecast to 2023” under Food & Beverages category. The report provides information on industry overview, market size, latest developments, industry trends, Major Players, global presence, and their future prospects.

Food Allergen Testing market size will grow from USD 539.9 Million in 2017 to USD 814.9 Million by 2023, at an estimated CAGR of 7.1%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

The market is driven by labelling-compliance in various food industries, growing allergic reactions among consumers, consumer complaints (food recalls), implementation of stringent food safety regulations, and international trade of food materials. The global market, based on type, has been segmented as peanut & soy, wheat, milk, egg, tree nuts, seafood, and others which include sulfites and other cereals. The high occurrence of food allergy in children and adults due to peanut & soy allergen has driven the market.

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Additionally, consumer shift toward the consumption of vegan food products is also expected to affect the market growth.

By Market Players:

SGS S.A., Intertek Group PLC, TUV SUD PSB Pte. Ltd., ALS Limited, Eurofins Scientific Se, Merieux Nutrisciences Corporation, Asurequality Ltd., Microbac Laboratories, Inc., Romer Labs Diagnostic GmbH, Symbio Laboratories

By Source

Peanut & Soy, Wheat, Milk, Egg, Tree Nuts

By Technology

PCR (Polymerase Chain Reaction)-Based, Immunoassay Based/Elisa (Enzyme Linked Immunosorbent Assay), Other Tests/Techniques

By Food Tested

Bakery & Confectionery, Infant Food, Processed Food, Dairy Products & Alternatives, Seafood & Meat Products

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

Points Covered in The Report:

- The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
- The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
- Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
- The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase

- To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
- Assess the production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the market and its impact in the global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the market.
- Besides the standard structure reports, we also provide custom research according to specific requirements.

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