Food Allergen Testing Market- Global Forecast 2022

1. MarketsandMarkets™ Presents Food Allergen Testing Market- Global Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/food-allergen-testing-market-54689653.html

2. The report "Food Allergen Testing Market by Source (Peanuts & Soy, Wheat, Milk, Eggs, Tree Nuts, Seafood), Technology (PCR-Based, Immunoassay-Based (Elisa)), Food Tested (Bakery & Confectionery, Infant Food), and Region - Global Forecast to 2022",The food allergen testing market is projected to reach USD 760.7 Million by 2022, at a CAGR of 6.8% from 2016 to 2022. The market is driven by the implementation of stringent food safety regulations, growing allergic reactions among consumers and international trade of food materials. Browse 125 market data tables and 53 figures spread through 199 pages and in-depth TOC on “Food Allergen Testing Market - Global Forecast to 2022” Allergic patients completely rely on the labeling of ingredients before purchasing the product, to gain information that will help them avoid any allergens. The Food Allergen Labelling and Consumer Protect Act (FALCPA) has mandated the declaration of eight major allergens on the food labels. Such labeling mandates are fueling the growth of the food allergen testing market. This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as SGS S.A. (Switzerland), Intertek Group plc (U.K.), TUV SUD Psb Pte. Ltd. (Germany), ALS Limited (Australia), Eurofins Scientific SE (Luxembourg), Merieux Nutrisciences Corporation (U.S), AsureQuality Ltd (New Zealand), Microbac Laboratories Inc (U.S.), Romer Labs Diagnostic GmbH (Austria), and Symbio Laboratories (Australia). Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=54689653

3. Target Audience: The stakeholders for the report are as follows:  Manufacturers, importers & exporters, traders, distributors, and suppliers of equipment, reagents, chemicals, and other related consumables  Food allergen testing solutions providers  Food allergen testing laboratories  Food processors  Food manufacturers  Government and research organizations  Trade associations and industry bodies  Regulatory bodies • Food and Agriculture Organization (FAO) • Food Safety Council (FSC) • World Allergen Organization (WAO) • Food Allergen and Allergen Risk Management (FAAM) • Food Allergy Research & Education (FARE) • The European Federation of National Associations of Measurement, Testing, Analytical Laboratories (EUROLAB)  Raw material suppliers The years considered for the study are as follows: Base year: 2015 Forecast period: 2016 to 2022 Make an Inquiry:https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=54689653

4. The peanut & soy segment accounted for the largest share in the food allergen testing market in 2015 The market for peanut & soy among the types of food allergens, accounted for the largest share in 2015. Peanut and soy ingredients have a wide range of applications and are incorporated in various food products. Hence, allergy prevalence due to peanuts & soy has been increasing which is leading to increased demand of allergen testing for safety. Soy is one of the complicated allergens to avoid as it is incorporated with a wide number of processed food and hence it is also known as "hidden allergen". For soy allergic people, Asian cuisine is a high risk zone due to the excess usage of soy as an ingredient and cross contact possibility due to consumption of soy-free items. Immunoassay (ELISA)-based segment is projected to be the largest and fastest growing segment, by technology ELISA is one of the most widely used immunoassays in food allergen testing. Immunoassay (ELISA) technology is the most common and economic technology to detect and quantify allergens in food products. Low detection limits and high analytic selectivity are the key advantages of this technology. It is projected to grow at the highest CAGR from 2016 to 2022. Europe is projected to be the fastest growing region in the food allergen testing market The European region is projected to be the fastest growing market through 2022 due to the increasing allergic reactions among the consumers and the growing market for processed food. Germany is projected to be fastest growing country in the European region. European countries have recorded many issues related to food allergens; as a result, stringent policies have been established to achieve complete food safety. The food safety authorities in Europe aim at protecting consumer health by ensuring the quality of the food supply chain. Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=54689653

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