DUBLIN, Aug. 11, 2022 (GLOBE NEWSWIRE) — Global Food Allergen Testing Market 2022-2028 Report Added of ResearchAndMarkets.com Recruitment.
A publisher’s report shows that the global food allergen testing market will register growth at a CAGR of 7.01% during the forecast phase from 2022 to 2028.
Rise in food allergy cases among people worldwide is one of the major factors driving the growth of the market. In addition, factors such as growing global food trade and stringent government regulations are also supporting the development of the market.
Conversely, issues related to the regulation of food processing companies in developing countries are a major hurdle on their growth path. However, technological advancements in food biotechnology over the past few years offer lucrative opportunities for market growth.
The global market for food allergen testing covers North America, Asia Pacific, Latin America, Europe, Middle East and Africa.
The Asia-Pacific market is expected to exhibit the fastest growth rate in the coming years. More than 4.7 billion people live in this region, which has the world’s largest population. Here too, the incidence of food allergies is on the rise. The growing need for processed food products to accommodate this growing population has increased the demand for food allergen testing services. This growing demand is expected to drive the market growth in the coming years.
- High growth in global food trade
- strict government regulation
- food allergy case
- Lack of regulation in developing countries
- Recent advances in food biotechnology
1. Global Food Allergen Testing Market – Overview
2. Industry Outlook
3. Global Food Allergen Testing Market Outlook – By Technology
4. Global Food Allergen Testing Market Outlook – By Food Tested
5. Global Food Allergen Testing Market – Regional Outlook
6. Competitive environment
7. Survey method and scope
- Assure Quality Limited
- Auriga Research Pvt Ltd
- Bureau Veritas Sa
- Eurofins Scientific Se
- Intertek Group plc
- Menu Nutrisciences
- microbag laboratory
- Neogen Co., Ltd.
- Quest Diagnostics Incorporated
- Romer Labs Diagnostic GmbH
- Symbio Institute
- Tov Sud
For more information on this report, please visit https://www.researchandmarkets.com/r/sc54ap.