Allergens Residue Testing Service Market Report: Trends, Forecast and Competitive Analysis to 2030

Allergens Residue Testing Service Market Report: Trends, Forecast and Competitive Analysis to 2030

Allergens Residue Testing Service Trends and Forecast

The future of the global allergens residue testing service market looks promising with opportunities in the feed & pet food, dairy, processed foods, nuts, seeds and spices, agricultural crops, and food & beverages markets. The global allergens residue testing service market is expected to grow with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing prevalence of allergies, particularly food allergies and growing adoption of preventive measures.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Allergens Residue Testing Service by Segment

The study includes a forecast for the global allergens residue testing service by type, application, and region.

Allergens Residue Testing Service Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Chromatography
• Immunoassay
• Spectroscopy
• Other

Allergens Residue Testing Service Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Feed & Pet Food
• Dairy
• Processed Foods
• Nuts
• Seeds And Spices
• Agricultural Crops
• Food & Beverages

Allergens Residue Testing Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Allergens Residue Testing Service Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies allergens residue testing service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the allergens residue testing service companies profiled in this report include-

• AB SCIEX
• ALS
• Arbro Pharmaceuticals
• Bureau Veritas
• Eurofins Scientific
• Fera Science
• Intertek
• Microbac Laboratories
• SGS
• SciCorp

Allergens Residue Testing Service Market Insights

Lucintel forecasts that chromatography is expected to witness the highest growth over the forecast period.

Within this market, feed & pet food is expected to witness the highest growth.

North America is expected to witness the highest growth over the forecast period.

Features of the Global Allergens Residue Testing Service Market

Market Size Estimates: Allergens residue testing service market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Allergens residue testing service market size by type, application, and region in terms of value ($B).

Regional Analysis: Allergens residue testing service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the allergens residue testing service market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the allergens residue testing service market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the growth forecast for allergens residue testing service market?

Answer: The global allergens residue testing service market is expected to grow with a CAGR of 6.5% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the allergens residue testing service market?

Answer: The major drivers for this market are increasing prevalence of allergies, particularly food allergies and growing adoption of preventive measures.

Q3. What are the major segments for allergens residue testing service market?

Answer: The future of the allergens residue testing service market looks promising with opportunities in the feed & pet food, dairy, processed foods, nuts, seeds and spices, agricultural crops, and food & beverages markets.

Q4. Who are the key allergens residue testing service market companies?

Answer: Some of the key allergens residue testing service companies are as follows:

• AB SCIEX
• ALS
• Arbro Pharmaceuticals
• Bureau Veritas
• Eurofins Scientific
• Fera Science
• Intertek
• Microbac Laboratories
• SGS
• SciCorp

Q5. Which allergens residue testing service market segment will be the largest in future?

Answer: Lucintel forecasts that chromatography is expected to witness the highest growth over the forecast period.

Q6. In allergens residue testing service market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness the highest growth over the forecast period.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the allergens residue testing service market by type (chromatography, immunoassay, spectroscopy, and other), application (feed & pet food, dairy, processed foods, nuts, seeds and spices, agricultural crops, and food & beverages), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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