DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Mycotoxin Testing Market - Global Forecast to 2022" report to their offering.
The mycotoxin testing market is projected to reach USD 1.56 billion by 2022, at a CAGR of 6.0% from 2016 to 2022.
The market is driven by factors such as humid atmospheric conditions leading to increase in mycotoxins production in food & feed products, implementation of stringent food safety regulations, international trade mandates, growing health concern among consumers, consumer complaints (food recalls). Increased consumer awareness for food safety, and availability of advanced technologies capable of rapid testing provide new opportunities for market players. Lack of food control systems, technology, infrastructure & resources in developing countries are the factors restraining the market growth.
The Fusarium toxin segment is projected to grow at the highest CAGR during the forecast period, due to the large number of Fusarium toxin prevalence and presence in various food & feed products. The increase in food trade and contamination in grain due to changing climatic conditions is also a significant driver. The exposure to these mycotoxins has caused concerns among consumers of possible health consequences, which in turn has increased the demand for Fusarium toxin testing. This is followed by the aflatoxin segment, which is projected to remain the second-largest market through 2022.
The HPLC technology is found to be the most common and economic technology to detect and quantify mycotoxins in food & feed products. High-pressure (or high-performance) liquid chromatography is one of the most powerful tools in analytical testing of foods. It has the ability to separate, identify, and quantitate compounds present in any sample that can be dissolved in a liquid.
- ALS Limited
- Asurequality Ltd.
- Bureau Veritas S.A.
- Eurofins Scientific Se
- Intertek Group PLC
- Microbac Laboratories, Inc.
- Romer Labs Diagnostic GmbH
- SGS S.A.
- Silliker, Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Mycotoxin Testing Market, By Type
7 Mycotoxin Testing Market, By Technology
8 Mycotoxin Testing Market, By Food & Feed Tested
9 Mycotoxin Testing Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/sk69h7/mycotoxin_testing