Health & Safety Industry Today
Food Allergen Testing Market Size Growing at 6.78% CAGR, Led by Europe
Food AllergenTesting Market: Introduction
The global Food Allergen Testing Market Size is expected to grow from USD 858.78 Million in 2023 to USD 1359.30 Million by 2030 at a CAGR of 6.78% during the forecast period.
Drivers And Opportunities In The Growth Of The Market
Also, the increase in food allergies globally, especially in children, has significantly increased market for food allergen testing. Up to 8% of children and 4% of adults have food allergies, according to the World Health Organization, highlighting the need for robust testing protocols. Highly efficient and accurate allergen detection can be done through rapid testing kits or multiplex assays, which is why a significant improvement in the detection of allergens is done through technology and it is becoming a lucrative opportunity for the market. The food industry also collaborates with testing laboratories to comply with the regulatory and testing requirements imposed on the final product for health-conscious consumer segment.
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Segmentation Analysis
By Source: Allergen testing is driven by key sources such as peanuts and soy. Peanut allergies are particularly common in people of all ages, while soy allergies tend to be more common among children and infants. These allergens can provoke adverse reactions such as respiratory distress and even anaphylaxis, highlighting that thorough testing is of utmost importance.
Under Based on Technology, enzyme-linked immunosorbent assay (ELISA) has been able to hold son lot share in the food allergen testing market. ELISA builds on this principle, where specific proteins are allowed to bind to enzyme-labeled antibodies to accurately identify allergens. As one of the testing methodologies, its advantages—simplicity as well as high specificity and sensitivity—render it a preferred method.
By Food Tested: Processed foods comprise a bulk segment requiring allergen testing. Unlike raw foods, processed food products are complex mixtures that can contain hundreds of ingredients, and can be difficult to assess for allergens, creating a strong need for robust testing protocols.
Regional Insights
United States: The U.S. food allergen testing market was valued at around US$684.1 million in 2022. The growing incidence of food allergies and stringent regulations worldwide have accelerated the need for advanced testing technologies.
Germany: The market is expected to grow at a CAGR of around 1.9% during the forecast period (2022 - 2030) due to increased consumer awareness and stringent food safety regulations.
China: Market Estimates and Forecasts Market growth in the report and through the analysis period is expected to be in the 6.9% range with a market size of US$720.9 million by 2030. This trend is being driven by a growing middle-class population and rising health consciousness.
India: The market in India is expected to grow at a CAGR of 7.7% during the forecast period owing to rising disposable incomes and increasing food allergies awareness among consumers.
Brazil: With a projected CAGR of 8.1% until 2034, the expansion of Brazil's market is driven by elevating health awareness and adherence to stringent food safety standards.
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Competitor Analysis
The food allergen testing market contains some internationally recognized players, such as:
Thermo Fisher Scientific Inc. (NYSE: TMO) — a leading company in the scientific instrument & reagent which further provides complete solution for food safety testing.
Neogen Corporation — develops and markets products dedicated to food and animal safety, including allergen testing kits.
Eurofins Scientific SE: Offers comprehensive testing services, from food allergen detection to compliance with international standards.
SGS S.A.: Specializing in inspection, verification, testing and certification, we also provide an array of services to ensure food safety and quality.
Intertek Group PLC — Provides quality assurance services to numerous industries, including extensive food allergen testing.
These are some of the best companies in the field of testing, and they are constantly improving their methods of testing to accommodate the needs of both consumers as well as regulatory requirements.
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Conclusion
It is anticipated that the global food allergen testing market will witness significant growth during this period owing to a rise in food allergies, technological advancement in testing methodologies, and rigorous regulatory frameworks. With increasing consumer awareness about food safety, the need for accurate and efficient allergen testing is projected to grow, providing considerable opportunities to the market participants.
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