DUBLIN--(BUSINESS WIRE)--The "Food Allergen And Intolerance Testing Market - Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
According to the World Allergy Organization (WAO), anaphylaxis in emergency rooms ranged from 222, 300-350, and 3,000 episodes on an annual basis in Hungary, Japan, and China respectively. Furthermore, the organization estimates the prevalence rate of anaphylaxis to be 2%, 0.1%, and 0.6-1% of the population in the U.S., Korea, and Australia.[1] Evidently, anaphylaxis is caused majorly due to food allergy, and the growing rates have been offering opportunities in the food allergen and intolerance testing market, which had an impressive valuation of $467.74m in 2018. The market is poised to grow at a profitable compound annual growth rate (CAGR) of 11.20% from 2019 to 2025.
The Food Drugs Administration (FDA) has made food safety an imperative aspect of the food industry, which is making up for the thriving North America food intolerance testing market. Furthermore, there has been a discernible increase in the number of people suffering from food allergies since the 1990s, which is further making the food allergens testing market an important segment of the food and beverages industry in the region. North America had the highest food intolerance testing market share of 35% in 2018.
Food allergy refers to an abnormal response to food, and it is detected by allergen food allergy tests, food allergy blood testing, and skin prick testing. The key application segment of the food allergens testing market is ELISA testing or enzyme-linked immunosorbent assay (ELISA), which is the most commonly used analytical biochemistry assay. Owing to the maximum usage of ELISA in the food intolerance testing market, the application will grow at a substantial CAGR of 13.56% over the forecast period.
The major players of the food allergens and intolerance testing market are Neogen Corporation, Life Technologies Corporation, Alletess Medical Laboratory, Crystal Chem Inc., ImmuneTech, ELISA Technologies, Inc., National Health Services, ALS Limited, Charm Sciences, Inc, and Yorktest Laboratories.
Key Questions Addressed in the Food Allergens Testing Market Report
- Is the market demand for food allergens testing growing? How long will it continue to grow and at what rate?
- Which type of food allergens testing presents the major growth opportunities?
- Is there a possibility for change in the market structure over time?
- Are additional developments needed for the existing product or services offerings or do the existing products meet the customer demands?
- Do the key vendors look for partnerships to expand their businesses with respect to geography or product?
- What are the short-term, long-term, and medium-term growth drivers for the market?
- What are the short-term, medium-term, and long-term challenges for the market?
- What are the short-term, medium-term, and long-term opportunities for the market
- Who are the top players/companies of the market?
- What are the recent innovations in the market?
- How many patents have been filed by the leading players?
- What are the types of patents filed by the leading players?
- What is our Vision 2030 for the food allergens testing market?
Key Topics Covered:
1. Food Allergen And Intolerance Testing Market - Overview
2. Food Allergen And Intolerance Testing Market - Executive summary
3. Food Allergen And Intolerance Testing Market
4. Food Allergen And Intolerance Testing Market Forces
4.1. Drivers
4.2. Constraints
4.3. Challenges
4.4. Porters five force model
5. Food Allergen And Intolerance Testing Market -Strategic analysis
5.1. Value chain analysis
5.2. Opportunities analysis
5.3. Product life cycle
5.4. Suppliers and distributors Market Share
6. Food Allergen And Intolerance Testing Market - By Clinical Test (Market Size -$Million / $Billion)
6.1. Market Size and Market Share Analysis
6.2. Application Revenue and Trend Research
6.3. Product Segment Analysis
7. Food Allergen And Intolerance Testing Market - By Source of Food (Market Size -$Million / $Billion)
7.1. Wheat
7.2. Egg
7.3. Cow's Milk
7.4. Nuts
7.5. Shellfish
7.4. Fish
7.7. Soy
7.6. Pea
7.7. Cola Nut
7.8. Yeast
7.9. Others
8. Food Allergen And Intolerance Testing Market - By Ingredient Testing Type (Market Size -$Million / $Billion)
8.1. Introduction
8.2. By Type
9. Food Allergen And Intolerance Testing Market - By Food Product Type (Market Size -$Million / $Billion)
9.1. By Food Product
10. Food Allergen And Intolerance Testing - By Geography (Market Size -$Million / $Billion)
10.1. Food Allergen And Intolerance Testing Market - North America Segment Research
10.2. North America Market Research (Million / $Billion)
10.3. Food Allergen And Intolerance Testing - South America Segment Research
10.4. South America Market Research (Market Size -$Million / $Billion)
10.5. Food Allergen And Intolerance Testing - Europe Segment Research
10.6. Food Allergen And Intolerance Testing - APAC Segment Research
11. Food Allergen And Intolerance Testing Market - Entropy
11.1. New product launches
11.2. M&A's, collaborations, JVs and partnerships
12. Food Allergen And Intolerance Testing Market Company Analysis
12.1. Market Share, Company Revenue, Products, M&A, Developments
12.2. Life Technologies
12.3. Neogen Corp
12.4. York Test Laboratories
12.5. Alletess Medical Laboratory
12.4. ImmuneTech
12.5. NHS Choices
12.6. Elisa Technologies
13. Food Allergen And Intolerance Testing Market -Appendix
13.1. Abbreviations
13.2. Sources
For more information about this report visit https://www.researchandmarkets.com/r/9rwkdd