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Food Allergen Testing Market- Global Forecast to 2022

The food allergen testing market, in terms of value, is projected to reach USD 760.7 million by 2022, at a CAGR of 6.8% from 2016. The market growth is driven by various factors such as stringent labeling mandates and demand for advisory labeling, growth in incidences of allergic disorders among consumers, globalization of food trade, and increase in food recall for undeclared allergen products.<br><br>The food allergen testing market, based on food tested, is categorized into bakery & confectionery, infant food, processed food, dairy products & its alternatives, seafood & meat products, and others (which include savory items, sauce, and other additives). <br><br>Read more: https://www.marketsandmarkets.com/Market-Reports/food-allergen-testing-market-54689653.html

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Food Allergen Testing Market- Global Forecast to 2022

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  1. MarketsandMarkets™ Presents Food Allergen Testing Market- Global Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/food-allergen-testing-market-54689653.html

  2. The report "Food Allergen Testing Market by Source (Peanuts & Soy, Wheat, Milk, Eggs, Tree Nuts, Seafood), Technology (PCR-Based, Immunoassay-Based (Elisa)), Food Tested (Bakery & Confectionery, Infant Food), and Region - Global Forecast to 2022",The food allergen testing market is projected to reach USD 760.7 Million by 2022, at a CAGR of 6.8% from 2016 to 2022. The market is driven by the implementation of stringent food safety regulations, growing allergic reactions among consumers and international trade of food materials. Browse 125 market data tables and 53 figures spread through 199 pages and in-depth TOC on “Food Allergen Testing Market by Source (Peanuts & Soy, Wheat, Milk, Eggs, Tree Nuts, Seafood), Technology (PCR-Based, Immunoassay-Based (Elisa)), Food Tested (Bakery & Confectionery, Infant Food), and Region - Global Forecast to 2022”  Allergic patients completely rely on the labeling of ingredients before purchasing the product, to gain information that will help them avoid any allergens. The Food Allergen Labelling and Consumer Protect Act (FALCPA) has mandated the declaration of eight major allergens on the food labels. Such labeling mandates are fueling the growth of the food allergen testing market. The years considered for the study are as follows: Base year: 2015 Forecast period: 2016 to 2022 Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=54689653

  3. Target Audience: • The stakeholders for the report are as follows: • Manufacturers, importers & exporters, traders, distributors, and suppliers of equipment, reagents, chemicals, and other related consumables • Food allergen testing solutions providers • Food allergen testing laboratories • Food processors • Food manufacturers • Government and research organizations • Trade associations and industry bodies • Regulatory bodies • Food and Agriculture Organization (FAO) • Food Safety Council (FSC) • World Allergen Organization (WAO) • Food Allergen and Allergen Risk Management (FAAM) • Food Allergy Research & Education (FARE) • The European Federation of National Associations of Measurement, Testing, Analytical Laboratories (EUROLAB) • Raw material suppliers • Make an Inquiry:https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=54689653

  4. Scope of the Report: • This research report categorizes the food allergen testing market based on source, food tested, technology, and region. • Based on source, the market has been segmented as follows: • Peanut & soy • Wheat • Milk • Egg • Tree nuts • Seafood • Others (sulfites and other cereals) • Based on technology, the market has been segmented as follows: • Polymerase chain reaction (PCR) • Immunoassay-based /ELISA (Enzyme-linked immunosorbent assay) • Others (LC-MC/MS, test kits, and other chromatographic equipment) • Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=54689653

  5. Based on food tested, the market has been segmented as follows: • Bakery & confectionery • Infant food • Processed foods • Dairy products & alternatives • Seafood and meat products • Others (savory items, sauce, and food additives) • Based on region, the market has been segmented as follows: • North America • Europe • Asia-Pacific • RoW (Brazil, Argentina, and South Africa) • The food allergen testing market size is projected to reach USD 760.7 million by 2022, at a CAGR of 6.8% from 2016. Allergic patients completely rely on the labeling of ingredients before purchasing the product, to gain information that will help them avoid any allergens. The Food Allergen Labelling and Consumer Protect Act (FALCPA) has mandated the declaration of eight major allergens on the food labels. Such labeling mandates are fueling the growth of the food allergen testing market. • Undeclared allergens in packaged foods cause serious health hazards for allergic consumers. The data on food recalls collected by various food safety organizations for undeclared allergens encourage the need for allergen testing in the food products before and after they are packed.

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  7. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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