Share on

Asia Pacific Mycotoxin Testing Market By Type (Aflatoxins, Ochratoxin A, Patulin, Fusarium Toxins), By Technology (HPLC-Based, LC-MS/MS-Based, Immunoassay-Based), By Food And Feed Tested (nuts, Spices, Grains, Seed, Processed Foods, Dairy Products, Meat And Pulses) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecast (2022 to 2027)

Published: March, 2023
ID: 4872
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia Pacific Mycotoxin Testing Market Growth (2022 - 2027):

Asia Pacific Mycotoxin Testing Market was worth USD 0.8 billion in 2021, and is expected to grow at a CAGR of 7.3%, to reach USD 0.38 million by 2026.

Mycotoxins are toxic chemical substances produced by molds which effect plants and crops. These mycotoxins are hazardous and can cause harmful effects or can be life threatening in animals and humans. The effect of toxins on humans can affect normal cell function and can cause diseases such as Kidney toxicity, Autism, Cancer, Immune suppression and Birth Defects.

Almost 50,000 species of molds are identified in which about 200 of them present health risks to humans and animals. When the conditions are right for their growth, spores of fungi form colonies and mycotoxin levels increase in the infected area. Food processing may not necessarily remove the contamination and hence mycotoxin testing is necessary for the detection of these toxins.

Fungi have better-growing conditions in a moist atmosphere and most of the food products have some amount of moisture. Hence, mycotoxin testing is increasing in demand with the increase in food demand across the world. Increasing concerns for food safety and increasing awareness among people regarding the mycotoxin effects are increasing the demand for mycotoxin testing. All these factors are expected to drive the market. Lack of proper equipment in developing countries and complex regulatory standards are restraining the market.

Market Segmentation:

Asia Pacific Mycotoxin Testing Market is categorized based on type, technology, food and feed tested and region. Based on type, the market is categorized into Ochratoxins, Fusarium, Aflatoxins, Patulin and Others. Aflatoxins are the largest market segment as it is the most common mycotoxin produced by molds. Fusarium segment is expected to be the fastest growing segment due to wide number of toxins produced by fusarium genus. Based on technology, the market is categorized into High pressure liquid chromatography (HPLC), Immunoassay-based or Enzyme-linked immunosorbent assay (ELISA) and LC-MC/GC-MS Based. HPLC is expected to be the largest market segment because it is considered to be the most effective tests for mycotoxin testing. Based on food tested, the market is categorized into Cereals, Grains & Pulses, Dairy Products, Processed Food, Meat & Poultry, Nuts, Seeds & Spices and others. Based on feed tested, the market is categorized into Cereals & Cereal By-Products, Oil Meals & Cakes, Forage & Silage and other feed ingredients.

Geographical Analysis :

Based on geography, the Asia Pacific market is categorized into

  • China
  • India
  • Australia
  • Japan
  • South Korea.

Asia Pacific is expected to be the fastest growing segment due to growing food safety concerns and increase in demand for processed food in China and India.

Major Key Players:

Some of the major players in this region are Bureau Veritas S.A, Symbio Laboratories, Romer Labs Diagnostic GmbH, Eurofins Scientific SE, Asurequality Ltd., ALS Ltd, Microbac Laboratories, Inc., Intertek Group PLC., Silliker, Inc., and SGS S.A

Please wait. . . . Your request is being processed

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample