Mycotoxin Testing Kits Market Revenue was valued at USD 1.5 Billion in 2024 and is estimated to reach USD 2.9 Billion by 2033, growing at a CAGR of 8.1% from 2026 to 2033.
In 2022, the global mycotoxin testing kits market was valued at approximately USD 1.24 billion and is projected to reach USD 2.41 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.72% during the forecast period. Europe held the largest share of the market, driven by stringent food safety regulations and a well established food safety infrastructure. North America also accounted for a significant portion, with the United States experiencing annual losses of around USD 1 billion due to mycotoxin contamination, highlighting the regions focus on rigorous testing protocols. The Asia Pacific region is anticipated to witness the fastest growth, with an estimated CAGR of 11.2% in the coming years. This surge is attributed to rapid urbanization, population growth, and increased agricultural production in countries like China and India, necessitating enhanced mycotoxin testing to ensure food safety and compliance with export standards. Latin America, particularly Brazil, is also expected to see growth due to its substantial cereal grain production and export activities, which require stringent testing to meet international safety standards. The Middle East and Africa present opportunities for market expansion, as investments in food safety infrastructure and regulatory frameworks are needed to address the challenges posed by mycotoxin contamination in these regions.
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EnviroLogix
Charm Sciences
Neogen
Romer Labs
VICAM
Generon
Scigiene
Eurofins Abraxis
Elabscience
Meizheng Bio-Tech
Beacon Analytical Systems
Biopanda
Asianmedic
R-Biopharm AG
Shenzhen Bioeasy Biotechnology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Mycotoxin Testing Kits Market
Immunoassay-based Mycotoxin Testing Kits
Chromatography-based Mycotoxin Testing Kits
Enzyme-linked Immunosorbent Assay (ELISA) Mycotoxin Testing Kits
Rapid Test Strips
Aflatoxins
Ochratoxins
Fumonisins
Deoxynivalenol (DON)
Zearalenone
Food & Beverages
Animal Feed
Agricultural Products
Fluorescence Polarization Immunoassay (FPIA)
High-Performance Liquid Chromatography (HPLC)
Enzyme-Linked Immunosorbent Assay (ELISA)
Surface Plasmon Resonance (SPR)
Food Testing Laboratories
Research and Academic Institutions
Government Agencies
Private Companies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Mycotoxin Testing Kits Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Mycotoxin Testing Kits Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Mycotoxin Testing Kits Market, By Type
6. Global Mycotoxin Testing Kits Market, By Application
7. Global Mycotoxin Testing Kits Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Mycotoxin Testing Kits Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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