Precision Business Insights has published a report on the global mycotoxin and food testing market, estimating its value at USD 8.25 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 11.5% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/mycotoxin-and-food-testing-market
The Mycotoxin and Food Testing Market is a global business that detects and analyzes hazardous substances known as mycotoxins generated by molds that contaminate food and feed. These poisons pose substantial health concerns to humans and animals, necessitating strict regulatory control and broad testing across the agricultural supply chain.
Drivers:
- Growing demand for toxin-free, traceable food products is driving investment in testing infrastructure and third-party analytics.
- Events like aflatoxin-contaminated maize in Malawi and rejected Turkish figs have heightened awareness and demand for testing.
The global mycotoxin and food testing market segmentation:
1) By Type: Aflatoxin, Deoxynivalenol, Ochratoxins, Fumonisins, Trichothecene, Zearalenone, Patulin and Others
2) By Sample: Food (Cereals, grains, and pulses, Milk and milk products, Meat, poultry, and seafood, Nuts, seeds, spices, Fruits and vegetables and Others), Feed (Cereals and cereal by-products, Seeds and seed products, Forage and silage and Others)
3) By Technology: Chromatography- & spectroscopy-based and Immunoassay-based
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Regional Overview:
The report also examines the current concerns and their Future Effects on the mycotoxin and food testing market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the mycotoxin and food testing market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like SGS SA, Eurofins Scientific SE, Alta Bioscience, Romer Labs Division Holding GmbH, Charm Sciences, Inc., Intertek Group plc., Trilogy Analytical Laboratories, R-Biopharm AG, ELISA Technologies, Inc., EMSL Analytical, Inc., Belcosta Labs, Inc., ALS Limited
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