Mycotoxin Testing - Global Market Outlook (2017-2023)

Mycotoxin Testing - Global Market Outlook (2017-2023)

  • Published: June 2017
  • ID: SMRC16514

According to Stratistics MRC, the Global Mycotoxin Testing market is estimated at $1.00 billion in 2016 and is expected to reach $1.75 billion by 2023 growing at a CAGR of 8.3% from 2016 to 2023. Factors such as increasing consumer awareness, advancements in technologies and growth opportunities in emerging markets for testing are fueling the market.  Moreover, growing international trade mandates and food recalls are some other factors responsible for market growth.  However, lack of food control systems and inappropriate sample collection & standardization are some key factors hindering the market growth.

Amongst Type, fusarium toxins segment is anticipated to register significant market growth as fusarium genus includes various species which produces a number of toxins. By Application, chromatography segment dominated the global market. In addition, the high performance liquid chromatography (HPLC) based technology is one of the most commonly used and fast liquid chromatography in mycotoxin testing. Europe held the highest market share which can be attributed to diverse testing policies present in this region. Furthermore, U.K. is likely to be the fastest growing country in this region.

Some of the key players in the market include SGS S.A., Vanguard Sciences (Formerly Aegis Food Testing Laboratories), Spectro Analytical Lab Ltd., Silliker, Inc., Microbac Laboratories, Inc., Intertek Group PLC, International Laboratory Services, Eurofins Scientific, Ecolab Inc., DTS Laboratories, Covance Inc., Bureau Veritas S.A., Asurequality Limited, ALS Limited and Symbio Laboratories.

Types Covered:
• Ochratoxins
• Aflatoxins
• Patulin
• Fusarium Toxins
o Trichothecenes
o Zearalenone
o Fumonisin
• Other Toxins
o Cyclopiazonic Acid
o Ergot Alkaloids
o Citrinin
o Alternaria
o Sterigmatocystin

Technologies Covered:
• Immunoassay Based/Elisa (Enzyme Linked Immunosorbent Assay) 
• Spectroscopy
• Chromatography
o Gas
o Liquid
o High Performance Liquid Chromatography (HPLC)
• Other Technologies

Foods Tested Covered:
• Processed Food
• Nuts, Seeds & Spices
• Dairy Products
• Cereals, Grains & Pulses
• Meat & Poultry

Feeds Tested Covered:
• Oil Meals & Cakes
• Forage & Silage
• Cereals & Cereal By-Products
• Other Feed Ingredients & Concentrates

Applications Covered:
• Research Institute
• Enterprise

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain  
o Rest of Europe    
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific    
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


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