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Food Allergen Testing Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, UK, Germany, France, Italy, China, Australia, India, Japan, Indonesia, Argentina, Brazil, Saudi Arabia, UAE, Kuwait, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
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Food Allergen Testing Market Growth, Industry Analysis Report, Regional Outlook, 2016 – 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Regional Analysis of Food Allergen Testing Market : • North America, driven by the U.S. food allergen testing market size may witness gains owing to huge number of patients and international trade of feed materials. Over 40 million people are allergic to lactose in the U.S., leading to rise of gluten-free products in the U.S. • Within the Europe food allergen testing market, led by UK, France, Germany and Italy, may witness significant gains over the forecast timeframe. Increase in processed meal demand along with rise in health consciousness may contribute towards prominent adoption in the industry growth. • Asia Pacific, driven by Japan, India, and China food allergen testing market size, may witness gains owing to rise in baby products demand. Emerging markets in India, Indonesia, and China may stimulate regional growth in baby product applications.
Application Analysis of Food Allergen Testing Market : • Increase in application outlook in bakery industry should drive food allergen testing market size over the forecast timeframe. Global bakery market may surpass USD 490 billion by 2024, and is slated to gain at over 6%. Growing functional ingredients and organic bakery products demand will fuel product demand. Special nutritional products like gluten-free products have led to rise in functional ingredients demand, thus targeting the health-conscious consumers. It provides wide range of ingredients from wheat, flour and yeast through chocolate, sugar, icing, cream, and nuts. These ingredients need proper sanitation and hygiene through verification including ATP, mycotoxins, and microbiological.
Competitive Market Share of Food Allergen Testing Market : • Global food allergen testing market share is fragmented with some of the prominent companies include General Mills, Neogen, SGS S.A., Alpro UK, Intertek Group, Pamelas Goods, ALS Limited, Amys Kitchen. Other companies in the market are Eurofins Scientific, Nutrition Point, Enjoy Life Natural Brands, Glutino, Livwell, Semper AB and DrSchar.
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