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Food Allergen Testing Kits Sales Market 2019 Ready to Compete Globally by Top 10 Major Players Up to 2025 : Players Like Neogen, Crystal Chem, SGS S.A, Intertek Group Plc

Food Allergen Testing Kits Sales Market - Increasing Peanut Allergy Among Children Is Expected To Propel Growth Of The Global Food Allergen Testing Kits Market

 

Seattle, WA -- (SBWIRE) -- 12/18/2019 -- In this report, the Global Food Allergen Testing Kits Market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2019 and 2025.

Food allergen testing kits include the kits for testing and detection of allergens. Some of the methods used in testing food allergen are Polymerase Chain Reaction (PCR)-based, immunoassay-based, and enzyme substrate-based. Mandatory declaration of presence of allergens in food products is expected to boost growth of the global food allergen testing kits market. For instance, The Food Allergen Labelling and Consumer Protect Act (FALCPA) of the U.S. requires all food labels in the country to list ingredients that may cause allergic reactions.'

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Increasing peanut allergy among children is expected to propel growth of the global food allergen testing kits market over the forecast period. For instance, according to the study, 'The Public Health Impact of Parent-Reported Childhood Food Allergies in the United States', published in the journal Pediatrics in December 2018, around 2.2% of children were allergic to peanut, 1.9% to milk, 1.3% to shellfish, 1.2% to tree nut, 0.9% to egg and 0.6% to fin fish.

Moreover, increasing demand for immunoassay-based/ELISA-based technology is also expected to propel growth of the market. The enzyme-linked immunosorbent assay (ELISA) offers simple procedure and is beneficial for allergen testing in manufacturing plants at various stages of the value chain. Increasing demand for processed food, dairy products, and meat is expected to aid in growth of the food allergen testing kits market. For instance, according to Information Resources, Inc.'s January 2018 statistics, the market for meat products was valued at 48.6 billion in 2017 in the U.S.

Increasing awareness among consumers regarding the safety of food products and growing demand for allergen-free food products is expected to boost growth of the global food allergen testing kits market. For instance, according to Information Resources, Inc.'s January 2018 statistics, 17% millennials and 20% generation X prefer foods that comply with dietary restrictions and certain allergies.

The market in Asia Pacific is driven by stringent regulations governing food allergen labeling. For instance, in August 2018, the Taiwan (China) Food and Drug Administration (TFDA) issued a new regulation governing food allergen labeling on packaged food, which is expected to come into effect on July 1, 2020. The TFDA is set to expand the labeling list from the existing six allergens (shrimp, crabs, mango, peanuts, eggs and milk) to 11, which include soy, gluten, sesame, sulfur dioxide (greater than 10ppm), fish, and nuts.

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Key Takeaways:

- Mandatory declaration of presence of allergens in food products is expected to augment growth of the global food allergen testing kits market

- Increasing awareness among consumers regarding the safety of food products is also expected to propel growth of the market

- Major players operating in the global food allergen testing kits market include, Neogen, Crystal Chem, SGS S.A., Intertek Group plc., TUV SUD Psb Pte. Ltd., ALS Limited, Eurofins Scientific SE, Merieux Nutrisciences Corporation, AsureQuality Ltd., Microbac Laboratories Inc., Romer Labs Diagnostic GmbH, Symbio Laboratories, Sciex, Thermofisher, and Crystalchem

Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Food Allergen Testing Kits for these regions, from 2014 to 2025 (forecast), covering United States, China, Europe, Japan, Southeast Asia, India

Global Food Allergen Testing Kits market competition by top manufacturers/players, with Food Allergen Testing Kits sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including Neogen, Crystal Chem, SGS S.A., Intertek Group plc, TUV SUD Psb Pte. Ltd, ALS Limited, Eurofins Scientific SE, Merieux Nutrisciences Corporation, AsureQuality Ltd, Microbac, Laboratories Inc, Romer Labs Diagnostic GmbH, Symbio Laboratories, Sciex, Thermofisher, Crystalchem, Neogen

On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into Polymerase Chain Reaction (PCR)-based, Immunoassay-based/ELISA, Others

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Food Allergen Testing Kits for each application, including Bakery & Confectionery, Infant Food, Processed Food, Dairy Products & Its Alternatives, Seafood & Meat Products, Others

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