Mycotoxin Testing Market

Global Mycotoxin Testing Market Size (2024 to 2032)

The global mycotoxin testing market was valued at USD 1.38 billion in 2023 and is anticipated to reach USD 1.46 billion in 2024 from USD 2.35 billion by 2032, growing at a CAGR of 6.1% from 2024 to 2032.

Mycotoxins are toxic chemical substances produced by molds that affect 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 of which about 200 present health risks to humans and animals. When the conditions are right for their growth, spores of fungiform colonies and mycotoxin levels increase in the infected area.

Market Drivers and Restraints

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.

REPORT COVERAGE

KEY MARKET PLAYERS

Bureau Veritas S.A, Symbio Laboratories, Romer Labs Diagnostic GmbH, Eurofins Scientific SE, Asurequality Ltd., ALS Ltd, Microbac Laboratories, Intertek Group PLC, Silliker, Inc, SGS S.A. these are the market players dominate the global mycotoxin testing market.

DETAILED SEGMENTATION OF THE GLOBAL MYCOTOXIN TESTING MARKET INCLUDED IN THIS REPORT

This research report on the global mycotoxin testing market is segmented and sub-segmented into the following categories.

By Type                              

• Ochratoxins            
• Aflatoxins                
• Patulin      
• Fusarium  

• Fumonisin
• Trichothecenes
• Zearalenone

• Other Toxins          
• Y-o-Y Growth Analysis, By Type    
• Market Attractiveness Analysis, By Type  
• Market Share Analysis, By  Type   

By Technology                 

• HPLC          
• LC-MS/GC-MS       
• Immunoassay Based/Elisa
• Other Tests             
• Y-o-Y Growth Analysis, By Technology        
• Market Attractiveness Analysis, By Technology      
• Market Share Analysis, By Technology        

By Food Tested                               

• Cereals, Grains & Pulses    
• Dairy Products       
• Processed Food    
• Meat & Poultry     
• Nuts, Seeds & Spices          
• Others      
• Y-o-Y Growth Analysis, By Food Tested      
• Market Attractiveness Analysis, By Food Tested   
• Market Share Analysis, By Food Tested

By Feed Tested                               

• Cereals & Cereal By-Products         
• Oil Meals & Cakes
• Forage & Silage     
• Others      
• Y-o-Y Growth Analysis, By Feed, Tested      
• Market Attractiveness Analysis, By Feed, Tested    
• Market Share Analysis, By Feed, Tested   

By Region

• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
• Rest of the World