Mycotoxin Testing Market by Type (Aflatoxins, Ochratoxin, Fumonisins, Zearalenone, deoxynivalenol, Trichothecenes, Patulin), Technology (Chromatography- & Spectroscopy-Based, Immunoassay-Based), Sample (Feed & Food), and Region – Global Forecast to 2025

2020-09-01
Price :
Published : Sep-2020
No. of Pages : 374

“Implementation of stringent government regulations regarding mycotoxin testing and awareness among the consumer for certification are projected to drive the mycotoxin testing market”

The global mycotoxin testing market size estimated at USD 946 million in 2020 and is projected to reach USD 1,337 million by 2025, at a CAGR of 7.1%. The market is driven by factors such as growing recalls and border rejections with the growth in international food trade, stringent regulations across various countries, and changing climatic conditions. High costs associated with the installation of technologies inhibit the growth of the mycotoxin testing market.

COVID-19 has led to a drastic shift in consumer demand away from restaurants, food service and other types of “food away from home” towards food consumed at home, requiring important changes in the way food supply chains operate. As the COVID-19 pandemic gathered pace, sales of “food away from home” (consumed in hotels, restaurants, catering and cafés) collapsed.

COVID-19 has led to disruptions in food processing industries, which have been affected by rules on social distancing, by labour shortages due to movement restrictions, and by lockdown measures to contain the spread of the virus. and the other measures taken by the regional governments, thereby limiting the number of people who can work together in small areas. Thus, the decline in 2020 in the mycotoxin testing market growth is mainly due to the impact of COVID-19 pandemic. However, as these restrictions relax, and as certification requirements on products gain more attention via consumers, the market for mycotoxin testing would witness a significant growth in the next five years.

The segmentation of the mycotoxin testing market is based on type, sample, technology, and region. Based on type, the mycotoxin testing market is segmented into a flatoxin, ochratoxins, fumonisins, zearalenone, deoxynivalenol, trichothecene, patulin, and others. The market is further segmented, based on sample such as,Food (cereals, grains, and pulses, milk and milk products, meat, poultry, and seafood, nuts, seeds, and spices, fruits and vegetables and others), and feed (cereals and cereal by-products, seeds and seed products, forage and silage, and others). The market is further segmented, based on technology such as, Chromatography- & spectroscopy-based, Immuno assay-based Pichia spp., and high-performance liquid chromatography (HPLC).The mycotoxin testing market, by region, is segmented into North America, South America, Europe, Asia Pacific, and RoW.

“Cereals, grains, and pulses: The largest-growing segment of the mycotoxin testing market, by sample market”

Based on sample, the mycotoxin testing market is segmented into food and feed. Among food samples tested, cereals, grains, and pulses recorded the highest CAGR, due to a greater level of contamination with various mycotoxins. Cereals, grains, and pulses are more susceptible to the co-occurrence of mycotoxins, thereby leading to an increased demand for testing, as they are used in various products for food processing.

“By type, the a flatoxin segment is projected to witness the highest growth during the forecast period.”

The aflatoxin segment is estimated to grow at the highest CAGR due to the growing prevalence of fungi–Aspergillus flavus and Aspergillus parasiticus. There are four major types of a flatoxins, namely, B1, B2, G1, and G2. Of these a flatoxins, aflatoxin B1 is a majorly produced toxin, and therefore it is regulated in the US at 20 ppb in agricultural products, which are used for human consumption. Crops such as maize, peanuts, groundnuts, cotton seeds, and tree nuts are prone to a flatoxin contamination.Exposure to a flatoxins for a prolonged period of time causes birth defects among infants, chronic diarrhea, and immuno suppression. Aflatoxins are potent carcinogens and could lead to cases of liver cancer. These factors have lead a growth in the mycotoxin testing market.

“Asia Pacific: The largest-growing segment of the mycotoxin testing market, by mycotoxin testing region”

Food security standards are increasingly becoming stringent in the Asia Pacific region to ensure a safer supply of food and feed to individuals and livestock inside and outside the region. Governments have introduced various regulations for consumers, producers, and regulators. Japanese companies have been determined to match up to their national standards to international levels to gain a leading market position for food products in the global market. The lack of awareness among companies about food and feed safety standards has hindered the public health, for which the complete knowledge management system has to be specified.

Since the region is among the major growers and exporters of fruits & vegetables, it witnesses increasing concerns about the food safety of agricultural food products. The mycotoxin testing will experience significant growth in the mycotoxin testing market. The pandemic situation caused due to the outbreak of COVID-19 will impact food safety, as the consumers are becoming more aware regarding health issues and the safety of food products. These factors are projected to drive the growth of the mycotoxin testing market.

Breakdown of primaries

The study contains insights from various industry experts, ranging from equipment and testing kits providers to Tier 1 companies and food & feed processors and manufacturers.

The break-up of the primaries is as follows:

  • By Company Type – Tier 1 45-%, Tier 2- 30%, Tier 3- 25%
  • By Designation – C level- 50%, Managers- 20%, Executives- 30%
  • By Region – APAC- 40%, Europe- 30%, North America- 20%, and RoW*- 10%

*RoW includes Middle east and Africa

The market for mycotoxin testing globally is consolidated, with established players occupying a major share in the industry. Major testing service providers for mycotoxin such as SGS (Switzerland), Bureau Veritas (France), Eurofins (Luxembourg), Intertek (UK), Mérieux NutriSciences (US), ALS Limited (Australia), Neogen (US), Romer Labs (US), Symbio Laboratories (Australia), OMIC USA (US), AsureQuality(New Zealand), and Microbac Laboratories (US). Service providers are adopting strategies such as new service launches, expansion & investments, mergers & acquisitions, agreements, collaborations, joint ventures, and partnerships to strengthen their position in the market.

Research Coverage

This report segments the mycotoxin testing market by type (aflatoxin, ochratoxins, fumonisins, zearalenone, deoxynivalenol, trichothecene, patulin, and others), sample (cereals, grains, and pulses, milk and milk products, meat, poultry, and seafood, nuts, seeds, and spices, seeds and seed products, forage and silage, fruits and vegetables, and others), technology (chromatography- & spectroscopy-based, immuno assay-based (high performance liquid chromatography (HPLC), and others)), and region (North America, Europe, Asia Pacific, South America, and ROW). In terms of insights, this research report focuses on various levels of analysis—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the mycotoxin testing market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Key Benefits of Buying the Report

The report will help the leaders/ new entrants in the market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the mycotoxin testing market and provides them information on key market drivers, restraints, challenges, and opportunities.

Filed in: Food & Beverage
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Pies and Savory Appetisers (Savory and Deli Foods) Market in China – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Pies and Savory Appetisers (Savory and Deli Foods) Market in China - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Pies and Savory Appetisers (Savory and Deli Foods) Market in China - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Pies & Savory Appetisers market in China. Pies & Savoury Appetisers - includes all hot and cold pies, sausage rolls, scotch eggs, samosas and spring rolls etc. Pies & Savory Appetisers market in China registered a positive compound annual growth rate (CAGR) of 7.38% during the period 2014 to 2019 with a sales value of CNY 61,940.41 Million in 2019, an increase of 6.49% over 2018. The market achieved its strongest performance in 20......
$500

Pates (Savory and Deli Foods) Market in Japan – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Pates (Savory and Deli Foods) Market in Japan - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Pates (Savory and Deli Foods) Market in Japan - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Pates market in Japan. Pates - meat based spreads featuring ground or minced meat products and which have been variously seasoned. Includes rillettes. Excludes highly processes meat pastes (usually sold in tubes). Pates market in Japan registered a positive compound annual growth rate (CAGR) of 2.39% during the period 2014 to 2019 with a sales value of JPY 6,220.62 Million in 2019, an increase of 2.51% over 2018. The market achieved its strongest performance in 2016, when......
$500

Fermented Meats (Savory and Deli Foods) Market in the United Kingdom – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Fermented Meats (Savory and Deli Foods) Market in the United Kingdom - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Fermented Meats (Savory and Deli Foods) Market in the United Kingdom - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Fermented Meats Market in the United Kingdom. Fermented Meats - a subset of cured meats this includes salami, pepperoni, chorizo etc. Excludes meat snacks. Excludes cooked sliced meats - e.g. packets of cooked and sliced ham, turkey & beef. Also excludes meat snacks like Pepperami. Fermented Meats market in the United Kingdom registered a positive compound annual growth rate (CAGR) of 2.64% during the period 2014 to 2019 with ......
$500

Pates (Savory and Deli Foods) Market in Canada – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Pates (Savory and Deli Foods) Market in Canada - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Pates (Savory and Deli Foods) Market in Canada - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Pates market in Canada. Pates - meat based spreads featuring ground or minced meat products and which have been variously seasoned. Includes rillettes. Excludes highly processes meat pastes (usually sold in tubes). Pates market in Canada registered a positive compound annual growth rate (CAGR) of 2.07% during the period 2014 to 2019 with a sales value of CAD 5.75 Million in 2019, an increase of 1.81% over 2018. The market achieved its strongest performance in 2015, when......
$500

Fermented Meats (Savory and Deli Foods) Market in Israel – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Fermented Meats (Savory and Deli Foods) Market in Israel - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Fermented Meats (Savory and Deli Foods) Market in Israel - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Fermented Meats market in Israel. Fermented Meats - a subset of cured meats this includes salami, pepperoni, chorizo etc. Excludes meat snacks. Excludes cooked sliced meats - e.g. packets of cooked and sliced ham, turkey & beef. Also excludes meat snacks like Pepperami. Fermented Meats market in Israel registered a positive compound annual growth rate (CAGR) of 3.19% during the period 2014 to 2019 with a sales value of ILS 574.41 Million in 2019, an ......
$500

Cured Meats (Savory and Deli Foods) Market in Spain – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Cured Meats (Savory and Deli Foods) Market in Spain - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Cured Meats (Savory and Deli Foods) Market in Spain - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Cured Meats market in Spain. Cured Meats - all types of cured meats which DO NOT require further cooking. E.g. Parma Ham, Spanish hams, Bresaola etc. Excludes Meat Snacks. Excludes cooked sliced meats - e.g. packets of cooked and sliced ham, turkey & beef. In China and other asian countries includes dried meats (e.g. packs of shredded pork) Cured Meats market in Spain registered a positive compound annual growth rate (CAGR) of 2.42% during the period 2014 to 2......
$500

Fermented Meats (Savory and Deli Foods) Market in Australia – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Fermented Meats (Savory and Deli Foods) Market in Australia - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Fermented Meats (Savory and Deli Foods) Market in Australia - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Fermented Meats market in Australia. Fermented Meats - a subset of cured meats this includes salami, pepperoni, chorizo etc. Excludes meat snacks. Excludes cooked sliced meats - e.g. packets of cooked and sliced ham, turkey & beef. Also excludes meat snacks like Pepperami. Fermented Meats market in Australia registered a positive compound annual growth rate (CAGR) of 3.23% during the period 2014 to 2019 with a sales value of AUD 299.38 Million ......
$500

Cured Meats (Savory and Deli Foods) Market in France – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Cured Meats (Savory and Deli Foods) Market in France - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Cured Meats (Savory and Deli Foods) Market in France - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Cured Meats market in France. Cured Meats - all types of cured meats which DO NOT require further cooking. E.g. Parma Ham, Spanish hams, Bresaola etc. Excludes Meat Snacks. Excludes cooked sliced meats - e.g. packets of cooked and sliced ham, turkey & beef. In China and other asian countries includes dried meats (e.g. packs of shredded pork) Cured Meats market in France registered a positive compound annual growth rate (CAGR) of 7.24% during the period 2014 ......
$500

Savory Baked Goods (Savory and Deli Foods) Market in Peru – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Savory Baked Goods (Savory and Deli Foods) Market in Peru - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Savory Baked Goods (Savory and Deli Foods) Market in Peru - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Savory Baked Goods market in Peru. Savoury Baked Goods - includes all croque monsieurs, flans, quiches and tourtes. In China includes savory buns. Savory Baked Goods market in Peru registered a positive compound annual growth rate (CAGR) of 3.47% during the period 2014 to 2019 with a sales value of PEN 236.01 Million in 2019, an increase of 3.24% over 2018. The market achieved its strongest performance in 2017, when it grew by 4.27% over its previo......
$500

Prepared Salads (Savory and Deli Foods) Market in Saudi Arabia – Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)

Prepared Salads (Savory and Deli Foods) Market in Saudi Arabia - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Prepared Salads (Savory and Deli Foods) Market in Saudi Arabia - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) is a broad level market review of Prepared Salads market in Saudi Arabia. Prepared Salads - prepared salads (including both leaf and potato salads) sold in tubs or packs. Excludes fruit salads. Prepared Salads market in Saudi Arabia registered a positive compound annual growth rate (CAGR) of 4.10% during the period 2014 to 2019 with a sales value of SAR 38.15 Million in 2019, an increase of 1.92% over 2018. The market achieved its strongest performance in 2018, when it gr......
$500
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy