The new report by Expert Market Research titled, ‘Global Mycotoxin Testing Size, Share, Price, Trends, Growth, Market Report and Forecast 2020-2025’, gives an in-depth analysis of the global mycotoxin testing market, assessing the market based on its segments like types, technologies, food types, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/mycotoxin-testing-market/requestsample
Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
The key highlights of the report include:
Market Overview (2015-2025)
• Forecast CAGR (2020-2025): 8%
• Forecast Market Size (2025): USD 1.43 billion
The growth in demand in the European region has been a significant driving factor for the global mycotoxin testing market. The market is being driven by the significant presence of government administrations in the region, due to which there are many restrictions and regulations pertaining to various mycotoxin testing policies within Europe. In the European Union, the United Kingdom is considered as one of the fastest-growing markets for mycotoxin testing. The Asia Pacific is also expected to see a steady growth in the global mycotoxin testing market. This is supported by the increasing global trade and increasing concern of mycotoxin levels in consumer food items.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/mycotoxin-testing-market
The primary driving factor for the growth of the global mycotoxin testing market has been the accelerating need for food safety. The market is also facilitated by the moist atmosphere, which facilitates the formation of mycotoxins in foods yields like dairy products, cookies, cereals, meat, herbs, bread, and beverages like wine and beer.
Industry Definition and Major Segments
Mycotoxins are chemicals that are toxic in nature and are produced in low concentrations by moulds as they grow in or on feeds or foods. They can also be responsible for causing infections in both animals and human beings. They are considered to be poisonous chemical products, which are created by the fungi that colonize the grains. Thus, there has been a rising need for testing the presence of mycotoxins in food and feed.
Based on type, the market is divided into:
• Cyclopiazonic Acid
• Fusarium Toxins
• Ergot Alkaloids
By technology, the industry can be categorised into:
• High Pressure Liquid Chromatography (HPLC)
On the basis of food type, the industry is segmented into:
• Fruits and Vegetables
• Processed Foods
• Dairy Products
• Meat and Poultry
• Pulses and Cereals
On the basis of major regions, the market can be divided into:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
The global mycotoxin testing market is primarily being driven by the increasing awareness and concerns about the presence of mycotoxins in consumer products and its harmful effects. Increasing innovations and development of new equipment to detect the quantity of mycotoxins in the food product more accurately and efficiently has facilitated the global mycotoxin industry’s demand growth.
Key Market Players
The major players in the market are Symbio Laboratories (TYO: 4582), ALS Limited (ASX: ALQ), Intertek Group plc (LON: ITRK), Mérieux NutriSciences, Bio-Check (UK) Ltd, and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
Aircraft Vertical Stabilizer Market: https://www.expertmarketresearch.com/reports/aircraft-vertical-stabilizer-market
Automotive Fuse Market: https://www.expertmarketresearch.com/reports/automotive-fuse-market
Mycotoxin Testing Market: https://www.expertmarketresearch.com/reports/mycotoxin-testing-market
Pressure Washer Market: https://www.expertmarketresearch.com/reports/pressure-washer-market
Steel Wire Rope Market: https://www.expertmarketresearch.com/reports/steel-wire-rope-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.