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Mycotoxin Testing Market worth $2.3 billion by 2029 - Exclusive Report by MarketsandMarkets™
Chromatography and spectroscopy-based technologies are pivotal in mycotoxin testing due to their multifaceted advantages. These techniques offer unparalleled sensitivity and selectivity, enabling precise detection of mycotoxins even at minute concentrations within complex food and feed matrices. Their ability to simultaneously analyze multiple mycotoxins in a single sample ensures comprehensive risk assessment and regulatory compliance. Furthermore, these methods facilitate quantitative analysis, providing accurate measurements crucial for ensuring product safety. The rapid analysis capabilities of chromatography and spectroscopy, coupled with automation and integration with sample preparation processes, streamline testing workflows and enhance laboratory efficiency.
Ochratoxin plays a pivotal role in propelling the mycotoxin testing market due to several influential factors. Primarily, ochratoxin poses substantial health risks to both humans and animals, being identified as a potent nephrotoxin and carcinogen. This heightened awareness of ochratoxin's adverse health effects underscores the necessity for thorough testing to ensure its absence or minimal presence in food and feed products. Moreover, ochratoxin contamination is prevalent in a wide array of agricultural commodities, ranging from cereals to coffee, wine, and dried fruits, necessitating regular testing to mitigate risks. Stricter regulatory standards, established globally to protect public health, further drive the demand for ochratoxin testing, as compliance is essential for market access and trade.
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Europe boasts stringent regulatory standards and regulations regarding food safety, necessitating rigorous testing for mycotoxin contamination to ensure compliance. The European Union, in particular, has established maximum limits for various mycotoxins in food and feed products, compelling manufacturers and producers to adhere to strict testing protocols. Additionally, Europe has a robust food and agriculture industry, with a diverse range of products exported globally. This necessitates comprehensive testing to meet international standards and ensure the quality and safety of European food exports. The presence of key market players, research institutions, and regulatory bodies further strengthens Europe's position as a leader in mycotoxin testing.
Key players in this market include SGS Société Générale de Surveillance SA ( Switzerland ), Bureau Veritas ( France ), Intertek Group plc (UK), dsm-firmenich ( Netherlands ), Eurofins Scientific ( Luxembourg ), ALS ( Australia ), Neogen Corporation (US), AsureQuality ( New Zealand ), Symbio Labs ( Australia ), Microbac Laboratories, Inc. (US), INSTITUT MERIEUX ( France ), Premier Analytics Services (UK), Charm Sciences (US), OMIC USA INC. (US), and Bio-Check (UK) Ltd. (UK).
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Food Diagnostics Market by Type (Systems, Test Kits, and Consumables), Testing Type (Safety and Quality), Site (Outsourcing Facility and Inhouse), Food Tested (Meat, Poultry & Seafood, Dairy Products, Processed Food) and Region - Global Forecast to 2028
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