Food Allergen Testing: Expert Insights on Market Performance - PowerPoint PPT Presentation

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Food Allergen Testing: Expert Insights on Market Performance

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The food production industry continues to be highly susceptible to food allergies, resulting in serious health concerns. Read more about Food Allergen Testing Market. – PowerPoint PPT presentation

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Updated: 5 April 2023
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Title: Food Allergen Testing: Expert Insights on Market Performance


1
Food Allergen Testing Expert Insights on Market
Performance By Sanjana Rajpal The food production
industry continues to be highly susceptible to
food allergies, resulting in serious public
health concerns worldwide. In contrast to other
pathogens, allergenic proteins are persistent,
heat resistant, and difficult to eradicate once
they have entered the food supply chain. In this
situation, allergen segregation and accurate food
allergen labeling are emerging as the best
strategies for managing them in the modern food
production ecosystem.
The food allergen testing market is anticipated
to surge at a CAGR of 7.01 during the forecasted
period, 2022-2028. Factors supplementing this
growth are continuously rising food production,
government regulations and the increasing
prevalence of food allergies. However, the
absence of laws in developing nations is one of
the reasons restricting the markets expansion.
Another challenge to the market is small-sized
companies reluctance to comply with regulations
to implement cost-cutting strategies. In
addition, government bureaucracy, permissive
attitudes,
and corruption further hamper the studied market
geographically.
2
A Dig in the Food Allergen Testing Market The
identification of food allergens and evaluating
protein residues for food safety and labeling are
crucial. These testing use the ELISA method,
which identifies allergens in various foods,
including meat, dairy, nuts, soybean, fruit
juices, and others. In ELISA, color changes are
produced to show the presence of a particular
antigen using chromogenic reporters and
substrates. The method also produces high
sensitivity in applications, in some cases down
to ppm, making it the widely used product for
food allergen testing. In addition, rapid growth
in the food beverages industry and increasing
international trade of food and food ingredients
provide opportunities to the key players
operating in the market. The United States Food
and Drug Administration (FDA) is one of ELISA's
major proponents for food production allergen
testing. Also, most companies like SGS SA, TUV
SUD, 3M Company etc., are engaged in food
allergen testing and have ELISA method-based
products in their portfolio. Technological
advancement is another trend propelling the
markets advancement. PCR is expected to hold the
fastest growth rate of 8.24 in the technology
segment during the forecast period. It is used to
identify antibodies in food that cause allergic
reactions. One of the factors that are pushing
the popularity of the technology is its frequent
use by companies like ALS Ltd. Also, it is widely
utilized in bakery products due to its
sensitivity and ease in detecting the allergens
DNA molecules, thereby accelerating the market
growth. Another trending segment contributing to
the market is the food testing segment. Among
all, beverages is estimated to dominate the
category during the forecast period. Some of the
allergens found in the beverages are egg protein,
gluten, grapes, histamines, hops, rye, and
seafood proteins. The UK Food Safety Act
compelled beverage makers to list all known
allergens on the labels of their products. This
resulted in the increased use of Liquid
chromatography-mass spectrometry (LC-MS) testing,
thus boosting the market growth. Regional
Progression The rising prevalence of food
allergens in Europe and Asia-Pacific is expected
to
drive the regional markets.
3
  • The Asia-Pacific food allergen testing market is
    expected to witness the fastest growth at a 7.80
    CAGR, with total revenue of 345.88 million by
    2028. The markets services are expanding in the
    region owing to the rising demand for food
    processing products. Biotech companies such as
    ALS Limited, Eurofins Scientific SE, Auriga
    Research and Intertek Group Plc are focusing on
    penetrating the untapped countries of the region,
    thereby propelling the regional market. Also, due
    to the growing awareness of food allergies and
    safety in Japan, South Korea, China, Singapore,
    Australia and New Zealand, consumers are
    pressurizing the government to implement
    regulations and norms.
  • Conclusive Statement
  • The food allergen testing market is highly
    dynamic and intensely competitive. The
  • leading players such as Eurofins Scientific SE,
    Microbac Laboratories, Romer Labs, and Tuv Sud
    are formulating strategic initiatives such as
    expansion and acquisition to sustain their
    position among the new entrants. Therefore,
    expanding business operations service offerings
    and new product launches are some aftermaths of
    the growing rivalry.
  • Strategic actions of players to sustain the
    competition
  • Eurofins acquired Modern Testing Services as part
    of its planned entry into the consumer goods
    sector.
  • With the acquisition of Israeli business Sher
    Consulting and Training, Mérieux NutriSciences
    expanded the scope of its service offering.
  • Romer Labs launched Biopure reference materials
    for most commonly
  • tested mycotoxins.
  • Bureau Veritas expanded its business operations
    in North America by opening a food safety and
    quality testing laboratory in Canada.

FAQ gt What are the top technologies studied in
the market?
4
The food allergen testing market by technology is
divided into biosensors-based, immunoassay
based/ELISA, PCR, and other technologies. gt
Which is the largest region in the market? Europe
leads the food allergen testing market with a
CAGR of 7.15 during the forecast period.
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