July 2, 2024
Food Allergen Testing Market

Food Allergen Testing Market is Estimated to Witness High Growth Owing to Increased Concerns Over Food Safety.

Food allergen testing plays a critical role in ensuring the safety of food products and protecting public health. It helps to identify and quantify major food allergens in processed foods, which can prevent severe allergic reactions in susceptible individuals. The increasing instances of foodborne illnesses alongside growing food safety concerns have compelled food manufacturers to undertake strict measures to check the presence of allergens in foods. The stringent regulations being enacted by international food standardization organizations and regional regulatory bodies to address food contamination issues have augmented the demand for food allergen testing services.

The Global Food Allergen Testing Market is estimated to be valued at US$ 957.88 Mn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the Food Allergen Testing are Fable & Mane, Henkel AG, Procter & Gamble Co., Unilever Corporation, Kao Corporation, Aveda Corporation, Avon Products Inc., L€TMOreal S.A., Revlon, Inc., Johnson & Johnson, Natura & Co., and Coty Inc.

The key opportunities in the market include development of rapid testing technologies and vertical integration by market players. Rapid testing technologies are helping food producers to test allergen contamination during production, enabling early corrective actions. Companies are also focusing on offering end-to-end solutions covering testing, monitoring, and certification.

Globally, the Food Allergen Testing Market Growth is witnessing expansion in developing regions owing to rising health and wellness trends. Countries like China, India, Brazil, South Korea are observing increased demand for allergen-free foods due to growing middle-class population and changing lifestyles. Manufacturers are developing specialized product lines tailored for these emerging markets.

Market drivers

The stringent food safety regulations enacted by regulatory bodies like Codex Alimentarius Commission are a major factor driving the adoption of food allergen testing worldwide. Non-compliance to these regulations can result in product recalls and legal liabilities for food companies. This has encouraged proactive allergen testing and risk assessment practices along the supply chain.

PEST Analysis

Political: Food safety regulations and allergen labeling are becoming stricter globally, driving the demand for robust allergen testing solutions. Governments are mandating testing and certification for food establishments and manufacturers.
Economic: The growth of the packaged and processed food industry is fueling demand for cost-effective food allergen testing services. Consumers’ rising disposable incomes allow for premium and allergen-free products.
Social: Growing food allergy prevalence, increasing health awareness, and rising demand for allergen-free diets from millennial consumers are key social drivers.
Technological: Advancements in rapid immunoassay tests, PCR techniques, ELISA methods, and biosensors aid fast and accurate allergen detection. Portable devices enable on-site testing.

The North American region accounts for over 30% of the global market value due to strict food safety mandates and a high awareness of food allergies among consumers. The US FDA alone testing over 200,000 food samples annually increases testing outsourcing. Europe is also a major regional market with rising demand from UK, Germany, France, and Italy driven by a proactive approach to food safety.

The Asia Pacific region is projected as the fastest growing regional market during the forecast period. Factors such as growing health consciousness, increasing disposable incomes, rising demand from small and medium food businesses for cost-effective testing services, and supportive government initiatives will boost the APAC food allergen testing market. Rapidly developing economies like China and India present substantial growth opportunities.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it