Report : Food Allergen Testing Market Forecast to 2027 - Covid-19 Impact and Global Analysis by Source (Peanut and Soy, Wheat, Milk, Egg, Tree Nuts, Seafood, and Others); Technology (PCR (Polymerase Chain Reaction)-Based, Immunoassay Based/ELISA, and Other Tests/Techniques); Food Tested (Bakery and Confectionery, Infant Food, Processed Food, Dairy Products and Alternatives, Seafood and Meat Products, and Other Foods); and Geography
Rising Prevalence of Food Allergiesto Escalate Food Allergen Testing Market at 8.2%CAGR During 2019–2027
According to our latest market study on “Global Food Allergen Testing Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Source (Peanut and Soy, Wheat, Milk, Egg, Tree Nuts, Seafood, and Others); Technology (PCR (Polymerase Chain Reaction)-Based, Immunoassay- Based /ELISA, and Other Tests/Techniques); and Food Tested (Bakery and Confectionery, Infant Food, Processed Food, Dairy Products and Alternatives, Seafood and Meat Products, and Other Foods); and Geography”the market was valued at US$ 592.39million in 2018 and is projected to reach US$ 1,198.53millionby 2027; it is expected to grow at a CAGR of 8.2% from 2019 to 2027.The report highlightskey factors driving the market growth and prominent players along with their developmentsin the market.
Food allergens are naturally present proteins in foods or ingredients that cause abnormal immune response. It is caused when the human immune system wrongly recognizes these proteins in food as harmful. The most common food allergens reported around the globe include eggs, seafood, milk, peanuts, shellfish, soy, wheat, tree nuts, Brazil nuts, pine nuts, cashews, pistachios, and walnuts. As food allergens represent an ever-increasing risk for people with allergies, it is critical for food producers to conduct routine tests for the potential presence of allergens in their food products. Food allergen testing helps verify if raw materials and the final food product are free of unwanted food allergens.
Anaphylaxis and food allergies are an increasing public health risks in developed countries such as the US, Canada, Germany, France, Italy, the UK, Australia, and Japan. Their prevalence is higher in young children, but recent studies also indicate it is also becoming more common in adolescents and young adults. The food allergy affects ~7% of children in the UK and 9% of those in Australia. Across Europe, 2% of adults have food allergies.According to the Food Allergy Research and Education (FARE),~32 million people in the US have food allergies;~11%of population from the age group 18–26 has food allergies. ~40% of children in the country with food allergies are allergic to more than one food type. Every year in the US, 200,000 people require emergency medical care for allergic reactions caused due to food. The adoption of medical procedures to treat anaphylaxis or food allergies increased by 377% from 2007 to 2016 in the US.Moreover, there is growing evidence of the increasing prevalence of food allergies in rapidly developing countries such as China and India. Therefore, a rising number of food allergy cases across the globe have prompted public health authorities to take significant measures to control the number of food allergen cases. This further bolsters the growth of the food allergen testing market.
Dicentra, Eurofins Scientific SE, Intertek Group Plc, Mérieux NutriSciences, Microbac Laboratories Inc., Neogen Corporation, ALS Limited, Romer Labs Diagnostic Gmbh, SGS S.A., TUV SUD SPB PTE. LTD. and R-Biopharm AG are among the well-established players in the global food allergen testing market.
Impact of COVID-19 Pandemic on Food Allergen Testing Market
The COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace worldwide. As of July 2020, the US, Brazil, India, Russia, Peru, South Africa, Mexico, and UK are some of the worst affected countries in terms confirmed cases and reported deaths.. The outbreak has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Food & beverages is one of the major industries suffering serious disruptions such as office and factory shutdown, supply chain breaks, and technology event cancellations, as a result of this outbreak.
The report includes the segmentation of the global food allergen testing market as follows:
By Food Tested