July 6, 2024
Food Allergen Testing Market

Food Allergen Testing Market is Estimated to Witness High Growth Owing to Stringent Food Safety Regulations

The global food allergen testing market is estimated to exhibit significant growth, driven by growing cognizance about food-borne illnesses and stringent regulations mandating food safety testing. Food allergen testing helps identify traces of major food allergens including wheat, soy, milk, eggs, tree nuts, peanuts, fish, and shellfish that may cause adverse reactions in sensitive individuals. The increasing prevalence of food allergies among consumers is augmenting demand for reliable and accurate food allergen testing solutions to ensure compliance with labeling requirements.

The Global Food Allergen Testing Market is estimated to be valued at US$ 957.88 Mn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the food allergen testing market are Fable & Mane, Henkel AG, Procter & Gamble Co., Unilever Corporation, Kao Corporation, Aveda Corporation, Avon Products Inc., L€TMOreal S.A., Revlon, Inc., and Johnson & Johnson. The market provides significant opportunities for players engaged in developing innovative testing techniques with reduced turnaround time and cost of operations. Technological advancements such as enzyme-linked immunosorbent assay (ELISA), polymerase chain reaction (PCR) are helping detect trace amounts of allergens in complex food matrices more quickly and accurately.

The key opportunities in the market include increasing health-conscious population, rising adoption of integrated testing techniques, demand for clean label and Non-GMO products. Technological advancement such as microarray chips, liquid chromatography-tandem mass spectrometry (LC-MS/MS) allow highly sensitive, accurate, and reproducible analysis in complex food matrices.

Market Drivers

The Global Food Allergen Testing Market Demand is primarily driven by stringent food safety regulations worldwide. Regulations such as the U.S. Food Allergen Labeling and Consumer Protection Act (U.S. FALCPA) have led to increased focus on eliminating or reducing the risk of allergen cross-contamination during food processing. Compliance with regulations helps companies avoid product recalls and ensure consumer trust. This is a key factor fueling adoption of advanced screening techniques to proactively test for common food allergens.

Current Challenges in Food Allergen Testing Market
The food allergen testing industry is facing several challenges currently. Rising incidences of food allergies have increased the testing needs greatly but traditional testing techniques have limitations. For instance, protein-based ELISA techniques are time-consuming and expensive. Expanding varieties and complex ingredients in packaged foods have increased the scope and need for advanced food allergen testing methods. But the high costs of advanced molecular diagnostic technologies are prohibiting their widespread adoption. Laboratories also face shortages of skilled professionals trained in newer testing methods. Lack of global harmonization of food allergen labeling laws further complicates multi-national food manufacturing and distribution. Overall, timely and cost-effective food allergen testing remains a work in progress to ensure food safety.

SWOT Analysis
Strength: Growing consumer awareness about food allergies is driving up demand for testing. More stringent food safety regulations in developed markets also support growth.
Weakness: High capital costs of advanced technologies limit their adoption. Traditional tests are time-consuming.
Opportunity: Emerging economies present major growth prospects. Development of portable kits for on-site testing can boost market reach.
Threats: Threat from alternative testing techniques. Inconsistent food labeling laws across regions pose challenges.

Geographical Regions
North America currently dominates the global market in terms of value owing to strict food safety laws and high consumer awareness. Europe is another major regional market supported by similar factors. Asia Pacific is poised to be the fastest growing regional market owing to rising incomes, expanding middle class, and growing health consciousness.

Fastest Growing Region
Asia Pacific is projected to be the fastest growing regional market for food allergen testing during the forecast period from 2024 to 2031. This is attributed to growing health awareness, rapidly evolving food safety regulations, and rising middle-class disposable incomes in developing Asian countries. Expansion of global food companies and their manufacturing footprints in Asia will further augment the demand for testing capabilities.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it