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Global Food Allergen Testing Market Growth, Trends and Forecasts 2018 - 2023 - ResearchAndMarkets.comThe "Global Food Allergen Testing Market - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering. The food allergen testing market is expected to reach a value of about USD 845 million by 2023, registering a CAGR of about 8.3% during 2018-2023 (the forecast period). The planned product testing process is the only way to ensure that the food and beverage supply chain is operating in an efficient way. Consumer choice is the key for any food-based industry, as consumer safety, health concerns, and preferences drive any market. The rise of incidences of food-borne diseases is driving the food allergen testing market. The high probability of allergy is caused by proteins found in milk products that are classified among the Big Eight food, which account for about 90% of all food-allergy reactions in the United States. The food allergy testing can be used on all types of food products. These products cover highly perishable, perishable, non-perishable processed and unprocessed foods. By type the market segmentation includes baby food, bakery & confectionary, beverages, convenience food, dairy, sea food, meat & poultry food, and processed food. Together, the sea food, and meat & poultry segments hold a market share of about 22%. Based on technology, the global food allergen testing market is segmented into polymerase chain reaction (PCR (News - Alert))-based, immunoassay-based/ELISA (Enzyme-linked immunosorbent assay), and others that include LC-MC/MS, test kits, and other chromatographic technologies. The factors, like rising consumer awareness regarding food allergies and the benefits of food allergy testing, along with the rise in disposable income, have enabled the Asia-Pacific market to grow at a faster rate. Japan holds a prominent market share in the Asia-Pacific food testing market. Companies Mentioned
Key Topics Covered: 1. Introduction 2. Market Overview 3. Market Overview 4. Market Segmentation 5. Competitive Landscape 6. Company Profiles 7. Appendix For more information about this report visit https://www.researchandmarkets.com/research/xkhbhx/global_food?w=4
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