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Mycotoxin Testing Market Poised to Expand at a Robust Pace Over 2017 – 2025

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Global Mycotoxin Testing Market Report by TMR Research

According to the latest market intelligence report by TMRR, the global market size of keyword pegged US$ xx Mn/Bn in 2018 with a CAGR of xx%, and is spectated to register US$ xx Mn/Bn by the end of 2029 with a CAGR of xx% from 2018 to 2029.

The present scenario of the keyword market is elaborated in terms of volume (x units), value (Mn/Bn USD), production, and consumption. The report scrutinizes the market into various segments, end uses, regions and players on the basis of demand pattern, and future prospect.

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Vital insights in the keyword market research:

  • General information regarding the keyword, including definition, classification and uses.
  • SWOT analysis to help readers understand the behavior of each keyword vendor.
  • Adoption pattern of keyword across key regions.
  • Mycotoxin Testing market segmentation on the basis of product type, and end use industry alongwith respective market share.
  • Innovative manufacturing techniques implemented by keyword vendors in brief.

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Influential factors

This mycotoxin testing market is primarily driven by stringent food safety regulations across several countries. Humid atmospheric conditions, which leading to an increase in mycotoxins production in food & feed products is another prominent factor augmenting the demand for mycotoxin testing. Additionally, incremented International trade, consumer complaints, and growing health concern among consumers are some of the other factors expected to positively influence the market during the forecast period.

The mycotoxin testing market report observes that among all types of mycotoxins, the demand for fusarium toxin is maximum. The Fusarium genus have various species, which produce a large number of toxins such as trichothecenes, fumonisins, and zearalenone. As fusarium toxin are commonly present in cereals and by-products, factors such as contamination in grain due to changing climatic conditions and the increase in commodities trade have grown into significant drivers for the Fusarium testing market. Among all technologies used for mycotoxin testing, HPLC is most common as it is economical technology and is helpful to detect and quantify mycotoxins in food products.

Global Mycotoxin Testing Market: Regional Outlook

Currently, North America and Europe serve the maximum demand for mycotoxin, owing to strict regulatory in the countries of the U.S., the U.K. Germany, and France. The U.K. is estimated for the best growth rate among the European countries during the forecast period. However, Asia Pacific, which resides nearly half the world’s population, is expected to escalate the demand for mycotoxin testing over the course of next few years.

Companies mentioned in this research report

Some of the key vendors in global mycotoxin testing market are SGS S.A., Bureau Veritas S.A., Eurofins Scientific SE, Intertek Group plc, ALS Limited, AsureQuality Ltd, Microbac Laboratories Inc, Silliker Inc, Romer Labs Diagnostic GmbH, and Symbio Laboratories.

The keyword market research also takes into account the important countries that hold significant share in the respective regions.

The keyword market research gets rid of the following queries:

  1. How many units is the keyword market expected to produce in 2019?
  2. Why are the keyword market players focusing on region for better market footprint?
  3. What are the applications of keyword in end use industry?
  4. Which version of keyword is witnessing the highest demand?
  5. From which year the growth rate of global keyword market starts slowing down?

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Why go for TMR Research?

TMR Research thrive to provide unique business solutions to its clients beneficial for tackling various market challenges. With modern technologies, such as artificial intelligence, our analysts provide updated industry trends, and consumption patterns. We perform a three-step quality check process, which includes data collection, triangulation, and validation. Our analysts are active round-the-clock to facilitate clients with our expertise.

This post was originally published on Space Market Research

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