The global Food Allergen Testing Market was valued at US$ 774.2 Million in 2022, according to the Global Food Allergen Testing Market report, By Technology (Biosensors-based, Immunoassay-based/ELISA (Enzyme-Linked Immunosorbent Assay), PCR (Polymerase Chain Reaction)-based, and Other Technologies), By Food Tested (Processed Food, Baby Food, and Beverages), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa), as published by Coherent Market Insights.
The global food allergen testing market is expected to surpass US$1,478.5 Million by 2030 and exhibit a CAGR of 8.4% during the forecast period (2023-2030). Food allergy testing is a valuable tool for confirming or excluding allergies. Allergy testing is not only helpful in reducing adverse reactions, but it can also limit the need for unnecessary avoidance and medication. Food allergy testing can also help to reduce the risk of adverse reactions to food allergens. By identifying the specific allergens that trigger allergic reactions, individuals with food allergies can take steps to avoid these allergens and reduce the risk of accidental exposure. This can help to prevent allergic reactions and improve the quality of life for individuals with food allergies.
Global Food Allergen Testing Market: Drivers
The growing demand for allergen-free foods is propelling the growth of the food allergen testing market. For instance, Enjoy Life Foods, a global marketer in the allergen-free category, maintains its ingredient suppliers to complete non-contamination certificates for every item that was supplied. Additionally, it performs its own internal allergen tests for gluten, casein, peanut, and soy proteins.
Global Food Allergen Testing Market: Opportunities
The growing popularity of allergen protein arrays is projected to bring lucrative growth opportunities for key players in the near future. This technology is used to detect antibodies to common allergens like milk, eggs, peanuts, tree nuts, soy, wheat, fish, and shellfish. In this process, recombinant allergen proteins are marked onto a glass slide surface, and then probed with serum in order to evaluate the presence of serum-specific IgE and/or IgG antibodies targeting these allergens.allergen protein arrays can provide more detailed information about the specific allergens present in a food product. By detecting the presence of specific allergenic proteins, allergen protein arrays can help to identify the source of the allergen and provide more accurate information about the potential risk of exposure.
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https://www.coherentmarketinsights.com/market-insight/food-allergen-testing-market-5313
Global Food Allergen Testing Market: Restraints
Lack of awareness about labelling regulations is projected to hamper the market growth.
The lack of awareness about labelling regulations is projected to hamper the market growth. Without proper awareness and understanding of labelling regulations, manufacturers may not be able to accurately label their products, which can lead to accidental exposure to allergens for individuals with food allergies. Additionally, consumers may not be able to interpret food labels accurately, which can lead to confusion and potential risks for individuals with food allergies. To address this challenge, efforts are being made to improve awareness and understanding of labelling regulations related to food allergens. Regulatory bodies such as the US Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA) are working to establish guidelines and regulations for allergen labelling. Additionally, consumer advocacy groups and non-profit organizations are working to educate consumers and manufacturers about the importance of accurate allergen labelling.
Global Food Allergen Testing Market - Impact of Coronavirus (COVID-19) Pandemic
The outbreak of COVID-19 has had an adverse impact on various industries around the globe. Due to the strict rules and regulations undertaken by the government to curb the spread of the infection, companies are looking to function remotely. Moreover, various companies are looking to implement strict measures to operate at minimum risks. Additionally, various companies had shut down their manufacturing units which had an adverse impact on the food allergen testing market.
Key Takeaways:
The immunoassay-based/ELIS segment held the dominant position in the global food allergen testing market in 2022, accounting for 40% shares in terms of value. Increasing product approvals and launch of new products are expected to propel the growth of the segment during the forecast period.
Global Food Allergen Testing Market Trends:
Multi-allergen screening systems are gaining popularity in the market. It is a more effective, quicker, cheaper, and accurate method. For instance, the Mass Spectrometry (MS) technique allows multiple direct detection of proteins from allergenic compounds in a single test. Hence, the growing popularity of multi-allergen screening systems will favour the market growth over the forecast period.
New product launches due to continuous innovations in food testing technology are acting as a major trend in the market. For instance, in September 2022, NEOG made an addition to its ELISA product line. The company announced the launch of its Veratox VIP assay to detect cashew allergens. This is the second assay in Neogen's Veratox VIP line of enhanced quantitative ELISA products.
Global Food Allergen Testing Market: Competitive Landscape
ALS Limited, Asurequality Ltd, SGS SA, Bureau Veritas, Eurofins Scientific SE, Intertek Group PLC, Merieux Nutrisciences Corporation, Microbac Laboratories Inc., Neogen Corporation, Omega Diagnostics Group PLC, Crystal Chem Inc., and Danaher Corporation
Global Food Allergen Testing Market: Recent Developments
For instance, in June 2022, Eurofins Scientific acquired majority stakes in Ajal Laboratories to expand its food and pharmaceutical testing offerings in Saudi Arabia.
For instance, in September 2021, SGS SA expanded its food testing capabilities by establishing the Advance Center of Testing (ACT) laboratory in Ambattur, Chennai. ACT offers robust solutions to the agriculture and food industries to improve product quality through fast, precise, and reliable results.
