Mycotoxins can be defined as the harmful chemicals that are the produced by molds and fungi. These chemicals are a cause of a number of potential harmful diseases affecting everyone coming in contact with the affected food grain. This requires the need for testing and identifying these harmful chemicals in food grains and crops being grown over farms.

Pune, India -- (SBWire) -- 03/17/2020 --Mycotoxin Testing Market: Inclusive Insight

The Mycotoxin Testing Market report provides estimations about the growth rate and the market value based on market dynamics and growth inducing factors. While preparing this Global Mycotoxin Testing market analysis report, few of the attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology.

Global Mycotoxin Testing Market is expected to rise from its initial estimated value of USD 873 million in 2018 to an estimated value of USD 1400.91 million by 2026, registering a CAGR of 6.09% in the forecast period of 2019-2026. This rise in market value can be attributed to growing volumes and prevalence of international trades requiring

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What ideas and concepts are covered in the report?

– The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.

– The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.

– Data regarding the Mycotoxin Testing Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.

Region-based analysis of the Mycotoxin Testing Industry market:

– The Mycotoxin Testing Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.

The well-established Key players in the market are: Bureau Veritas; Eurofins Scientific; AsureQuality; Romer Labs Division Holding GmbH; SGS SA; ALS Limited; Symbio Laboratories; Microbac Laboratories, Inc.; NEOGEN CORPORATION; Intertek Group plc; VICAM, A Waters Business; OMIC USA Inc.; Mérieux NutriSciences and EnviroLogix.

In January 2019, Bureau Veritas and AsureQuality announced that they had collaborated to form a food testing company based out of Singapore that will provide vast levels of food and water testing capabilities and equipment services to the Asia region.

Mycotoxin Testing Market Trends | Industry Segment by Type (Aflatoxins, Ochratoxins, Fumonisins, Deoxynivalenol, Trichothecenes, Zearalenone, Patulin, Others), Sample (Food, Feed), Technology (Chromatography & Spectroscopy Based, Immunoassay-Based), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Mycotoxins can be defined as the harmful chemicals that are the produced by molds and fungi. These chemicals are a cause of a number of potential harmful diseases affecting everyone coming in contact with the affected food grain. This requires the need for testing and identifying these harmful chemicals in food grains and crops being grown over farms.

Competitive Analysis: Global Mycotoxin Testing Market

Global mycotoxin testing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mycotoxin testing market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Market Drivers:

Variations in temperature and rise in levels of humidity leading to prevalence of mycotoxins; this factor is expected to drive the market growth
Growing awareness regarding presence of harmful toxins present in the various food and beverages has resulted in increasing demand for food testing services

Market Restraints:

Requirement of high cost equipment and capabilities in providing testing services; this factor is expected to act as a restraint to the market growth
Lack of regulations and infrastructure required for the adoption of services is expected to act as a restraint to the market growth

Increasing Disposable Income

Rising disposable income of the population is believed to positively impact the growth of the smart furniture over the forecast period. Further, changing lifestyle of the people such as increasing preference for smart furniture is anticipated to intensify the growth of global smart furniture market over the forecast period.

However, high cost of Mycotoxin Testing products is one of the key factors which are expected to limit the growth of global smart furniture market over the forecast period.

Some of the Major Highlights of TOC covers:

Mycotoxin Testing Industry Regional Market Analysis

– Mycotoxin Testing Industry Production by Regions

– Global Mycotoxin Testing Industry Production by Regions

– Global Mycotoxin Testing Industry Revenue by Regions

– Mycotoxin Testing Industry Consumption by Regions

Mycotoxin Testing Industry Segment Market Analysis (by Type)

– Global Mycotoxin Testing Industry Production by Type

– Global Mycotoxin Testing Industry Revenue by Type

– Mycotoxin Testing Industry Price by Type

Mycotoxin Testing Industry Segment Market Analysis (by Application)

– Global Mycotoxin Testing Industry Consumption by Application

– Global Mycotoxin Testing Industry Consumption Market Share by Application (2014-2019)

Mycotoxin Testing Industry Major Manufacturers Analysis

– Mycotoxin Testing Industry Production Sites and Area Served

– Product Introduction, Application and Specification

– Mycotoxin Testing Industry Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)

– Main Business and Markets Served

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At the Last, Mycotoxin Testing industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher's disclaimer.

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