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Thursday, November 25, 2021

Lucintel Forecasts Mycotoxin Testing Market to Grow at a CAGR of 6%-8% from 2020 to 2025

According to the recent study the mycotoxin testing market is projected to reach an estimated grow at a CAGR of 6%-8% from 2020 to 2025. Growth in this market is primarily driven by awareness among consumers of better-quality food and livestock-based products with improved sanitary measures.

Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in mycotoxin testing market by type (aflatoxins, ochratoxin, fumonisins, zearalenone, deoxynivalenol, trichothecenes, and patulin), technology (chromatography & spectroscopy and immunoassay), sample (feed and food), and region (North America, Europe, Asia Pacific, and Rest of the World).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/mycotoxin-testing-market.aspx

“Aflatoxins market is expected to remain the largest segment during the forecast period.”

Based on type, the mycotoxin testing market is segmented into aflatoxins, ochratoxin, fumonisins, zearalenone, deoxynivalenol, trichothecenes, and patulin. Lucintel forecasts that the aflatoxins market is expected to remain the largest segment due to the growing awareness among consumers of better-quality food and proper labelling.

“Within the mycotoxin testing market, the chromatography & spectroscopy segment is expected to remain the largest technology.”

Based on technology the chromatography & spectroscopy segment is expected to witness the highest growth over the forecast period due to the preference of manufacturers to use techniques that give quick results as compared to the traditional methods, which has become more relevant during the spread of the virus in recent times.

“Asia pacific will dominate the mycotoxin testing market in near future.”

Asia Pacific will remain the largest region, and it is also expected to witness the highest growth over the forecast period because the growth in the mycotoxin testing market is attributed to the Chinese government striving to attain global compliance in food safety regulations & standards to enhance the growth of its export industry.

Download Brochure of this report by clicking on https://www.lucintel.com/mycotoxin-testing-market.aspx

Major players of mycotoxin testing market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. SGS, Bureau Veritas, Eurofins, Intertek, Mérieux NutriSciences, ALS, Neogen, AsureQuality, Charm Sciences, and Premier Analytical Services are among the major mycotoxin testing providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
https://www.lucintel.com/mycotoxin-testing-market.aspxor helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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