Unlocking the Future of the Mycotoxin Feed Testing Market: Growth Rate, Key Trends, and Opportunities for 2025-2034
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What fueled the previous growth in the mycotoxin feed testing market?
The market size for mycotoxin feed testing has observed a sturdy expansion in the past few years. The market, which stood at $1.45 billion in 2024, is expected to reach $1.55 billion in 2025, undergoing a compound annual growth rate (CAGR) of 6.4%. The previous growth session was majorly driven by factors such as changes in crop and environment, economic conditions, consumer trust, a worldwide surge in food safety consciousness, and collaboration within the industry.
What will be the mycotoxin feed testing market size in the future?
The market size of mycotoxin feed testing is projected to experience robust expansion in the upcoming years and is anticipated to reach “$2.11 billion by 2029 with a compound annual growth rate (CAGR) of 8.1%. The growth during the forecast period can be linked to factors such as the effects of climate change, demands from consumers, the rise of emerging markets and concerns regarding global food safety. Notable trends over the forecast period are rigorous regulations, heightened consumer awareness, precision in agriculture, improvement in testing processes, and advancements in feed solutions.
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What main drivers are fueling expansion in the mycotoxin feed testing market?
The rise in occurrences of foodborne diseases is anticipated to boost the expansion of mycotoxin feed testing in the future. Foodborne ailments, which are caused by consuming food or drinks contaminated with pathogens or microbes, have become more prevalent due to increased use of commercial food services, novel methods of food production and distribution, emergence or re-emergence of infectious foodborne agents, dietary changes and other factors. By curbing the risk of consuming contaminated food, Mycotoxin feed testing is expected to reduce foodborne diseases. For example, the World Health Organization (WHO), a Swiss governmental body concerned with global public health, reported in May 2022 that one in ten people worldwide, approximately 600 million individuals, are currently suffering from foodborne diseases. Moreover, foodborne illnesses claim 0.42 million lives each year. Thus, the growing instances of foodborne diseases is propelling the expansion of the mycotoxin feed testing market.
What key areas define the segmentation of the global mycotoxin feed testing market?
The mycotoxin feed testing market covered in this report is segmented –
1) By Type: Aflatoxins, Alternaria, Cyclopiazonic Acid, Citrinin, Fusarium Toxins, Ergot Alkaloids, Patulin, Ochratoxins, Sterigmatocystin, Other Types
2) By Sample: Cereals, Seeds And Seed Products, Forage And Silage, Other Samples
3) By Technology: Chromatography Based, Immunoassay-Based, Lateral Flow Assay Based, Spectroscopy Based, Other Technologies
4) By End-User: Food And Beverages, Animal Feed, Pharmaceuticals
Subsegments:
1) By Aflatoxins: Aflatoxin B1, Aflatoxin B2, Aflatoxin G1, Aflatoxin G2
2) By Alternaria: Alternaria Toxins
3) By Cyclopiazonic Acid: Testing For Cyclopiazonic Acid in Feed
4) By Citrinin: Citrinin Testing In Feed Products
5) By Fusarium Toxins: Deoxynivalenol (DON), Zearalenone, Fumonisins, T-2 Toxin
6) By Ergot Alkaloids: Testing For Ergotamine And Ergocristine
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Who are the dominant players expanding their reach in the mycotoxin feed testing market?
Major companies operating in the mycotoxin feed testing market include ALS Limited, AsureQuality Limited, Bureau Veritas SA, Eurofins Scientific SE, Intertek Group plc, Mérieux NutriSciences Corporation, SGS SA, Symbio Laboratories, Bio-Check Ltd., Charm Sciences Inc., EMSL Analytical Inc., IEH Laboratories and Consulting Group LLC, Neogen Corporation, Premier Analytical Services Inc., Romer Labs Division Holding GmbH, Tuv Sud Gesellschafterausschuss Gbr, Biomin Holding GmbH, CDX Laboratories Inc., Wettlab GmbH & Co. KG, Laboratoire du Nord, The Zwick Roell Group, Astell Scientific Ltd., BioAnalytix GmbH, C&K Testing Services Co. Ltd., Ceva Santé Animale, Chem Service Inc., ChromaDex Corporation, Control Union Certifications BV, CTI FoodTech Group, Dako A/S
How are evolving market trends shaping mycotoxin feed testing Strategies?
The mycotoxins feed testing market is seeing a significant trend with the rise of technological advancements. This process involves the assessment of animal feed samples to determine the concentration and presence of mycotoxins, which are toxic substances formed by fungi that can contaminate animal feed and lead to health issues in livestock. Mycotoxin feed testing kits help users verify the food or feed’s quality, providing assurance and protecting against diseases. An example of this trend came in September 2022, when Ring Biotechnology Co Ltd., a biotech company from China with a specialization in fast animal disease diagnosis and food safety testing, released the innovative iQuanti mycotoxins quantitative rapid test kit. This test kit, based on lateral flow immunoassays, detects the five main mycotoxins found in cereal, namely, aflatoxin B1, zearalenone, fumonisin, T2-toxin, ochratoxin, and vomitoxin. It enables the identification of principal mycotoxins within 10 minutes after a simple specimen extraction procedure.
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Which regions are emerging as leaders in the mycotoxin feed testing market?
North America was the largest region in the mycotoxin feed testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global mycotoxin feed testing market during the forecast period. The regions covered in the mycotoxin feed testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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