Global Food Allergen Testing Market to Surge at a CAGR of 7.01% by 2028

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Global Food Allergen Testing Market to Surge at a
CAGR of 7.01 by 2028
Triton Market Research presents the Global Food
Allergen Testing Market segmented by Technology
(Biosensors-based, Immunoassay-based/ELISA, PCR,
Other Technologies), Food Tested (Processed Food
Dairy Products, Bakery and Confectionary, Meat
and Seafood, Convenience Foods, Other Processed
Foods, Baby Food, Beverages), and Geography
(North America, Latin America, Europe,
Asia-Pacific, and the Middle East and
Africa). It further discusses the Market
Summary, Industry Outlook, Impact of COVID-19,
Key Insights, Porters Five Forces Model, Market
Attractiveness Index, Vendor Scorecard,
Regulatory Framework, Key Market Strategies,
Drivers, Challenges, Opportunities, Competitive
Landscape, Research Methodology Scope, Global
Market Size, Forecasts Analysis
(2022-2028). Triton Market Researchs report
states that the global market for food allergen
testing would expand with a 7.01 CAGR during the
forecasted years between 2022 and 2028.
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est-free- sample Food allergy is a common health
risk in almost 3 of the worlds population. It
is a harmful immune system response due to the
consumption of specific foods. In this regard,
food allergen
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testing helps evaluate the cleaning procedures
and check for unwanted food allergens in finished
goods and raw materials. The high growth of the
global food trade and increasing cases of food
allergies have shifted the focus of governments
to safeguard consumer health. In this regard,
food laws help eliminate unethical actions like
adulteration and incorrect measurement, thereby
expanding the growth of the food allergen testing
market. However, implementing food allergy
services in underdeveloped nations is restricted
due to bureaucracy and government corruption. As
a result, the market for food allergen testing is
negatively impacted. Globally, the Asia-Pacific
is expected to witness the fastest growth rate in
the food allergen testing market. The growth is
attributed to the rise in population, which
increases the demand for food processing goods.
Besides this, the region is a part of the
international food trade, which makes it
mandatory to comply with food regulations.
Therefore, these factors are propelling the
growth of the food allergen testing market. The
key companies listed in the food allergen testing
market are Eurofins Scientific SE, ALS Limited,
SGS SA, Neogen Corporation, Intertek Group PLC,
Microbac Laboratories, Romer Labs Diagnostic
GmbH, TUV SUD, Asurequality Limited, Merieux
Nutrisciences, Quest Diagnostics Incorporated,
3M, Bureau Veritas SA, Symbio Laboratories, and
Auriga Research Pvt Ltd. Due to heavy food
regulations in developed nations, there is
intense rivalry between the market players. For
instance, Bureau Veritas has nearly 1600 offices
and laboratories worldwide. Also, the company
expanded its business operations in North America
by opening a food safety and quality testing
laboratory. Thus, such steps by market players
are expected to increase the competition levels
globally.
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