North America Mycotoxin Testing Market Trends, Share, Industry Size, Demand, Opportunities and Forec

Author : Rahul Sharma | Published On : 01 Apr 2024

This North America Mycotoxin Testing market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in North America Mycotoxin Testing report simplifies managing marketing of goods and services effectively.

Mycotoxin testing market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 8.2% in the forecast period of 2020 to 2027 and is expected to reach USD 9,462.31 thousand by 2027.

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Market Overview:

Mycotoxins are secondary metabolites generated by a variety of filamentous fungi that grow on different foods and feeds. Such compounds cause a wide range of toxicological effects, which present a health risk for both humans and animals. Analysis of mycotoxins is an important method for managing fungal contamination of food and feed. The consequences of certain food-borne mycotoxin are severe, with signs of a serious illness occurring rapidly after the ingestion of mycotoxin-contaminated food items. Many food-borne mycotoxins have been related to long-term health effects, including cancer induction and immune deficiency. The detection method used in mycotoxin quantification methods includes chromatographic techniques, physico-chemical methods, biological methods, and immunological methods. Raising mycotoxins production owing to humid atmospheric conditions and straighten government regulations regarding food safety is driving the mycotoxin testing market. Lack of food control infrastructure & instrumentation in emerging countries and high capital investment is expected to restraint the usage of mycotoxin testing in the forecasted period.

Some of the major players operating in the North America Mycotoxin Testing market are Bureaus Veritas, Group plc, Eurofins Scientific, NEOGEN Corporation., LGC Limited (A SUBSIDIARY OF KOHLBERG KRAVIS ROBERTS & CO. L.P.), EnviroLogix,  TÜV SÜD, VICAM, A Waters Business, SGS SA, Fera Science Limited (A Subsidiary Of Capita plc.), AB Sciex Pte. Ltd., R-Biopharm AG, TLR International Laboratories, Deltamune, Mérieux NutriSciences, QIMA, Certified Laboratories, Romer Labs Division Holding GmbH, OMIC USA Inc., among others.

Global North America Mycotoxin Testing Market Scope

Mycotoxin testing market is segmented on the basis of type, product type, technology, sample and end user.The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of type, the mycotoxin testing market is segmented into aflatoxins, ochratoxins, fusarium toxins, deoxynivalenol, patulin, penicillium toxins, cyclopiazonic acid, ergot alkaloids, citrinin, sterigmatocystin, alternaria, T-2 toxin, zearalenone, others. The fusarium toxins is further sub-segmented into trichothecenes, zearalenone, fumonisin and others. In 2020, alfatoxins segment comprised the highest market share owing to factors such as high prevalence in the agricultural products, which are used for human consumption such as corn, peanuts, groundnuts, cotton seeds, and tree nuts.

  • On the basis of product type, the mycotoxin testing market is segmented into devices, reagents & kits, and services. In 2020, reagents & kits segment have comprised the highest market share due to the utilization of the kits and strips across all laboratory procedures and innovation with the rapid test kits have leading their growth across African region.

  • On the basis of technology, the mycotoxin testing market is segmented into chromatography based, immunoassay-based, lateral flow assay based, spectroscopy based, and others. In 2020, chromatography based segment holds the largest market share as the services involved in the mycotoxin testing provides efficient testing with HPLC and LC chromatography and their accuracy with respect to the content detection in analytical procedures have led their dominance in mycotoxin testing.

  • Based on sample, the mycotoxin testing market is segmented into food, feed, and pharmaceuticals. In 2020, the food segment has comprised the highest market share as mycotoxin majorly causes spoilage to food products especially maize and cereals.

  • On the basis of end user, the mycotoxin testing market is segmented into research lab, research institutes, food testing industries, feed testing industries and other. In 2020, food testing industries segment has comprised the highest market share as testing services are majorly opt by food industry due to the strict government guidelines and framework before commercialization of the food products which have led their dominance in the mycotoxin testing market.

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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global North America Mycotoxin Testing Market Landscape

Part 04: Global North America Mycotoxin Testing Market Sizing

Part 05: Global North America Mycotoxin Testing Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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