Latin America Food Allergen Testing Market 2022-2028

Latin America Food Allergen Testing Market 2022-2028

MARKET OUTLOOK

The Latin America food allergen testing market is expected to advance with a CAGR of 7.34% over the forecasting years from 2022 to 2028, according to a report by Triton Market Research. Brazil, Mexico, and Rest of Latin America are studied in the market in this region.

Argentina and Chile are two important markets in Rest of Latin America. The National Institute of Statistics and Census of Argentina estimates that the value of food exported and imported by Argentina in 2019 was worth $21,968 million and $753 million, respectively. Cereals containing gluten, crustaceans & their products, table eggs & related products, fish & their products, peanuts & peanut products, soybeans & soybean products, milk & products, nuts, sulfur dioxide & sulfites, and tartrazine are food allergens that must be labeled, according to the Argentinian government. Such active efforts by the government to regulate the food processing industry are expected to support the market growth in the coming years.

Chile has strengthened its position as a major player in the global food industry. The $34 billion food processing industry in the nation contributes nearly 25% to the overall economy. Chile also benefits from a strong commercial network as a result of its 29 trade agreements with 65 nations. With exports of US’ processed food products to Chile exceeding $479.1 million in 2021, and reaching an all-time high, Chile has become the second-largest market in South America. As an active effort to monitor the food industry, laws governing food allergens, such as crustacean shellfish, eggs, fish, milk, peanuts, soy, tree nuts, wheat, and gluten-containing cereals, have been implemented in the country. This is expected to bolster the food allergen testing market in Chile.

COMPETITIVE OUTLOOK

Major players engaged in the food allergen testing market include Quest Diagnostics Incorporated, Mérieux NutriSciences, Intertek Group Plc, Auriga Research Pvt Ltd, Microbac Laboratories, TÜV SÜD, Neogen Corporation, and 3M.


1. Latin America Food Allergen Testing Market – Summary
2. Industry Outlook
2.1. Impact Of Covid-19 On The Food Allergen Testing Market
2.2. Key Insights
2.2.1. Elisa Is The Most Commonly Used Method For Food Allergen Testing
2.2.2. Growing Adoption Of Food Allergen Testing Due To Food Recalls
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitute
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Regulatory Framework
2.7. Key Market Strategies
2.7.1. Acquisitions
2.7.2. Product Launches
2.7.3. Business Expansions
2.8. Market Drivers
2.8.1. High Growth Of Global Food Trade
2.8.2. Stringent Government Regulations
2.8.3. High Cases Of Food Allergy
2.9. Market Challenges
2.9.1. Lack Of Regulations In Developing Countries
2.10. Market Opportunities
2.10.1. Advancements In Food Biotechnology In Recent Years
3. Global Food Allergen Testing Market Outlook – By Technology
3.1. Biosensor-based
3.2. Immunoassay-based/Elisa
3.3. Pcr
3.4. Other Technologies
4. Global Food Allergen Testing Market Outlook – By Food Tested
4.1. Processed Food
4.1.1. Dairy Products
4.1.2. Bakery And Confectionery
4.1.3. Meat And Seafood
4.1.4. Convenience Foods
4.1.5. Other Processed Foods
4.2. Baby Food
4.3. Beverages
5. Latin America Food Allergen Testing Market – Country Outlook
5.1. Brazil
5.2. Mexico
5.3. Rest Of Latin America
6. Competitive Landscape
6.1. 3m
6.2. Als Limited
6.3. Asurequality Limited
6.4. Auriga Research Pvt Ltd
6.5. Bureau Veritas Sa
6.6. Eurofins Scientific Se
6.7. Intertek Group Plc
6.8. Mérieux Nutrisciences
6.9. Microbac Laboratories
6.10. Neogen Corporation
6.11. Quest Diagnostics Incorporated
6.12. Romer Labs Diagnostic Gmbh
6.13. Sgs Sa
6.14. Symbio Laboratories
6.15. Tüv Süd
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources Of Data
7.3. Research Methodology
Table List
Table 1: Vendor Scorecard
Table 2: Regulatory Framework
Table 3: List Of Acquisitions
Table 4: List Of Product Launches
Table 5: List Of Business Expansions
Table 6: Latin America Food Allergen Testing Market, By Country Outlook, 2022-2028 (In $ Million)
Table 7: Latin America Food Allergen Testing Market, By Technology, 2022-2028 (In $ Million)
Table 8: Latin America Food Allergen Testing Market, By Food Tested, 2022-2028 (In $ Million)
Table 9: Latin America Food Allergen Testing Market, By Processed Food, 2022-2028 (In $ Million)
Figure List
Figure 1: Market Attractiveness Index
Figure 2: Latin America Food Allergen Testing Market, By Technology, 2021 & 2028 (In %)
Figure 3: Latin America Food Allergen Testing Market, By Biosensor-based, 2022-2028 (In $ Million)
Figure 4: Latin America Food Allergen Testing Market, By Immunoassay-based/Elisa, 2022-2028 (In $ Million)
Figure 5: Latin America Food Allergen Testing Market, By Pcr, 2022-2028 (In $ Million)
Figure 6: Latin America Food Allergen Testing Market, By Other Technologies, 2022-2028 (In $ Million)
Figure 7: Latin America Food Allergen Testing Market, By Food Tested, 2021 & 2028 (In %)
Figure 8: Latin America Food Allergen Testing Market, By Processed Food, 2022-2028 (In $ Million)
Figure 9: Latin America Food Allergen Testing Market, By Processed Foods, 2021 & 2028 (In %)
Figure 10: Latin America Food Allergen Testing Market, By Dairy Products, 2022-2028 (In $ Million)
Figure 11: Latin America Food Allergen Testing Market, By Bakery And Confectionery, 2022-2028 (In $ Million)
Figure 12: Latin America Food Allergen Testing Market, By Meat And Seafood, 2022-2028 (In $ Million)
Figure 13: Latin America Food Allergen Testing Market, By Convenience Foods, 2022-2028 (In $ Million)
Figure 14: Latin America Food Allergen Testing Market, By Other Processed Foods, 2022-2028 (In $ Million)
Figure 15: Latin America Food Allergen Testing Market, By Baby Food, 2022-2028 (In $ Million)
Figure 16: Latin America Food Allergen Testing Market, By Beverages, 2022-2028 (In $ Million)
Figure 17: Latin America Food Allergen Testing Market, Country Outlook, 2021 & 2028 (In %)
Figure 18: Brazil Food Allergen Testing Market 2022-2028 (In $ Million)
Figure 19: Mexico Food Allergen Testing Market 2022-2028 (In $ Million)
Figure 20: Rest Of Latin America Food Allergen Testing Market 2022-2028 (In $ Million)

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