Mycotoxin Testing Market Report by Type (Aflatoxins, Ochratoxin, Fumonisins, Zearalenone, Deoxynivalenol, Trichothecenes, Patulin), Technology (Chromatography- & Spectroscopy- Based, Immunoassay-Based), Sample, & Region - Global Forecast to 2029
[339 Pages Report] According to MarketsandMarkets, the mycotoxin testing market is projected to reach USD 2.3 billion by 2029 from USD 1.6 billion by 2024, at a CAGR of 6.7% during the forecast period in terms of value. The prevalence of mycotoxin contamination in various agricultural commodities, such as cereals, grains, nuts, spices, and dried fruits, necessitates regular testing to detect and mitigate risks throughout the supply chain. Moreover, the globalization of food supply chains has increased the complexity of food production and distribution, elevating the risk of mycotoxin contamination and emphasizing the need for comprehensive testing protocols.
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Market Dynamics
Driver : Rise in Global Food Trade
The rise in global food trade has significantly driven the mycotoxin testing market by increasing the complexity and scope of food supply chains. As food products cross international borders, they encounter diverse climates, storage conditions, and agricultural practices, heightening the risk of mycotoxin contamination. To ensure the safety and quality of food products traded globally, regulatory authorities impose stringent standards on mycotoxin levels, necessitating thorough testing throughout the supply chain. Food producers and exporters must comply with these regulations to access international markets, driving the demand for mycotoxin testing services.
Restraint: High cost
The high cost of mycotoxin testing presents a significant barrier to its widespread adoption in the food industry. This cost encompasses initial investments in specialized equipment, ongoing maintenance, labor expenses for trained personnel, and additional costs associated with sample collection and analysis. For small and medium-sized enterprises with limited financial resources, these expenses can be particularly burdensome, potentially compromising their ability to implement comprehensive testing protocols. Addressing this challenge requires efforts to develop cost-effective testing methodologies and improve efficiency to ensure that food safety standards are upheld without imposing undue financial strain on stakeholders.
Opportunity: Development of Rapid Testing Devices
One opportunity in the mycotoxin testing market lies in the development of portable and rapid testing devices. These innovative technologies would enable on-site testing, providing real-time results and reducing the need for sample transportation and laboratory analysis. This advancement could significantly enhance efficiency and accessibility to mycotoxin testing, particularly in remote or resource-limited areas, ultimately contributing to improved food safety and public health outcomes.
Challenge: Emergence of new mycotoxins
The challenge of the emergence of new mycotoxins poses a significant obstacle in the field of mycotoxin testing. As fungal species evolve and environmental conditions change, new mycotoxins may arise, presenting novel risks to food safety and human health. Detecting and mitigating these emerging mycotoxins requires continuous research and development efforts to understand their properties, prevalence, and potential health impacts. Additionally, adapting existing testing methodologies to accurately identify and quantify these new mycotoxins presents technical challenges.
Mycotoxin Testing Market Ecosystem
Key players within this market consist of reputable and financially robust mycotoxin testing manufacturers. These entities boast extensive industry tenure, offering diversified product portfolios, advanced technologies, and robust global sales and marketing networks. Prominent companies in this market include SGS Société Générale de Surveillance SA (Switzerland), Bureau Veritas (France), Intertek Group plc (UK), DSM-Firmenich (Netherlands), Eurofins Scientific (Luxembourg), ALS (Australia), Neogen Corporation (US), AsureQuality (New Zealand), Symbio Labs (Australia), Microbac Laboratories, Inc. (US), INSTITUT MERIEUX (France), Premier Analytics Services (UK), Charm Sciences (US), OMIC USA INC. (US), and Bio-Check(UK)Ltd. (UK).
In the type segment, deoxynivalenol is to grow at a consistent rate in the global mycotoxin testing market.
Deoxynivalenol (DON) is one of the most prevalent mycotoxins found in cereals, particularly wheat, barley, and maize, which are staple food and feed crops globally. The widespread occurrence of DON contamination in these commodities necessitates regular testing to ensure food and feed safety. Secondly, DON poses significant health risks to humans and animals, including gastrointestinal disturbances, immunotoxicity, and reduced feed intake and growth performance in livestock. The potential health impacts associated with DON contamination drive the demand for testing to mitigate these risks. Thirdly, regulatory agencies worldwide have established maximum limits for DON levels in food and feed products to protect public health. Compliance with these regulations requires thorough testing, further contributing to the demand for DON testing services
By sample type, food samples to grow at the highest rate in the mycotoxin testing market.
Food safety concerns among consumers and regulatory authorities have heightened awareness of the risks associated with mycotoxin contamination in food products. As a result, there is increased scrutiny and regulation of mycotoxin levels in food samples, necessitating comprehensive testing to ensure compliance with safety standards. Secondly, the globalization of food supply chains has expanded the reach of food products across borders, increasing the likelihood of mycotoxin contamination during production, storage, and transportation. This has led to a greater need for testing to identify and mitigate contamination risks throughout the supply chain.
In technology segment, chromatography- & spectroscopy- based technology to grow at highest rate in the given forecast period.
Spectroscopy-based technologies include mass spectroscopy and tandem spectroscopy. Mass spectroscopy is used to determine the elemental composition of a sample or a molecule. Tandem spectroscopy technique is used in the detection of multi toxins such as trichothecenes, aflatoxins (B1, B2, G1, and G2), OTA, ZEA, fumonisins, and Alternaria toxins. These methods offer high sensitivity and specificity, allowing for the accurate detection and quantification of mycotoxins even at low concentrations. Secondly, chromatography and spectroscopy techniques provide excellent resolution, enabling the separation and identification of complex mixtures of mycotoxins and matrix components present in food and feed samples. This has led to higher adoption of chromatography- & spectroscopy- based technology in mycotoxin testing.
Europe to dominate the mycotoxin testing market during the forecast period.
In Europe, food safety policies have been emphasized by efforts from Control Laboratories (CLs), National Reference Laboratories (Knurls), and EU Reference Laboratories (EURLs). These authorities have played an important role in maintaining food standards and protecting consumer health by ensuring the quality of the food supply chain. Europe has a highly developed food safety infrastructure, including well-established laboratories and testing facilities equipped with advanced chromatography and spectroscopy-based technologies for mycotoxin analysis. This infrastructure supports comprehensive testing programs and ensures the accuracy and reliability of results. Additionally, Europe has a diverse and extensive agricultural industry, producing a wide range of crops that are susceptible to mycotoxin contamination, such as cereals, grains, nuts, and dried fruits. The prevalence of contamination in these commodities underscores the importance of testing to mitigate risks and ensure food safety.
Key Market Players
The key players in this market include SGS Société Générale de Surveillance SA (Switzerland), Bureau Veritas (France), Intertek Group plc (UK), DSM-Firmenich (Netherlands), Eurofins Scientific (Luxembourg), ALS (Australia), Neogen Corporation (US), AsureQuality (New Zealand), Symbio Labs (Australia), Microbac Laboratories, Inc. (US), INSTITUT MERIEUX (France), Premier Analytics Services (UK), Charm Sciences (US), OMIC USA INC. (US), and Bio-Check (UK) Ltd. (UK). These market participants are emphasizing the expansion of their footprint via agreements and partnerships. They maintain a robust presence in North America, Asia Pacific, South America, RoW, and Europe, and they are supported by manufacturing facilities and well-established distribution networks spanning these regions.
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Report Metric |
Details |
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Market size estimation |
2024–2029 |
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Base year considered |
2023 |
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Forecast period considered |
2024–2029 |
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Units considered |
Value (USD Million) |
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Segments Covered |
By Type, Sample, Technology, and Region |
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Regions covered |
North America, Europe, South America, Asia Pacific, and RoW |
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Companies studied |
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This research report categorizes the mycotoxin testing market based on type, sample technology, and region.
Target Audience
- Mycotoxin testing traders, retailers, and distributors
- Mycotoxin testing manufacturers & suppliers
- Related government authorities, commercial research & development (R&D) institutions.
- Regulatory bodies, including government agencies and NGOs.
- Commercial research & development (R&D) institutions and financial institutions.
- Government and research organizations.
- Venture capitalists and investors.
- Technology providers to mycotoxin testing and mycotoxin testing companies.
- Associations and industry bodies.
Mycotoxin Testing Market:
By Type
- Aflatoxins
- Ochratoxins
- Fumonisins
- Deoxynivalenol
- Trichothecenes
- Zearalenone
- Patulin
- Other types
By Sample
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Food
- Cereals, Grains, and Pulses
- Milk and Milk Products
- Meat, Poultry, and Seafood
- Nuts, Seeds, and Spices
- Fruits and Vegetables
- Other Food Type
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Feed
- Cereals and Cereal-by Products
- Seeds and Seed Products
- Forage and Silage
- Other Feed Type
By Technology
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Chromatography- & Spectroscopy- Based
- High Performance Liquid Chromatography (HPLC)
- Other Type
- Gas Chromatography
- Liquid Chromatography
- Coupled Chromatography
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Tandem Spectrometry
- Immnuno-assay Based
By Region:
- North America
- Europe
- Asia Pacific
- South America
- Rest of the World (RoW)
Recent Developments
- In August 2023, ALS (Australia) disclosed the acquisition of the Proanaliz Group of Laboratories (Turkey), a prominent entity specializing in food testing. This acquisition empowers ALS to provide extensive coverage to the Turkish market, boasting a collective of nine laboratories alongside robust technical support services.
- In May 2023, Symbio Labs in Australia expanded its capabilities to accurately detect a range of mycotoxins at low concentrations. With detection sensitivity reaching parts per billion, Symbio Labs guarantees precise reporting even at minimal levels. This enhancement establishes Symbio Labs as one of the few in Australia capable of promptly and accurately identifying mycotoxins in grain, finished feed, and food items.
- In March 2023, SGS Société Générale de Surveillance SA (Switzerland) finalized the acquisition of Asmecruz's testing business and assets, previously operated by a cooperative of mussel producers in Boiro, Spain. This strategic decision is in line with SGS's objective to bolster its food services and laboratory infrastructure across Europe, particularly to meet the growing demand for nutrition, health, and wellness-related services. Furthermore, it reinforces SGS's footprint in Spain.
Frequently Asked Questions (FAQ):
Which are the major companies in the mycotoxin testing market? What are their major strategies to strengthen their market presence?
The key players in this include SGS Société Générale de Surveillance SA (Switzerland), Bureau Veritas (France), Intertek Group plc (UK), DSM-Firmenich (Netherlands), Eurofins Scientific (Luxembourg), ALS (Australia), Neogen Corporation (US), AsureQuality (New Zealand), Symbio Labs (Australia), Microbac Laboratories, Inc. (US), INSTITUT MERIEUX (France), Premier Analytics Services (UK), Charm Sciences (US), OMIC USA INC. (US), and Bio-Check(UK)Ltd. (UK). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities and strong distribution networks across these regions.
What are the drivers and opportunities for the mycotoxin testing market?
One opportunity in mycotoxin testing lies in the integration of blockchain technology. Blockchain offers the potential to create transparent and immutable records of mycotoxin testing data, from sample collection to analysis and results dissemination. By leveraging blockchain, stakeholders across the food supply chain can access real-time information about mycotoxin levels in food and feed products, enhancing traceability and accountability. This technology can also facilitate compliance with regulatory requirements and enable more effective risk management strategies. Additionally, blockchain-based systems can enhance consumer trust by providing transparent information about the safety and quality of food products, ultimately driving demand for mycotoxin testing services.
Which region is expected to hold the highest market share?
The European region holds the highest market share of the mycotoxin testing market due to several factors. Firstly, stringent regulatory standards imposed by the European Union (EU) regarding mycotoxin levels in food and feed products drive the demand for testing services to ensure compliance. EFSA's (The European Food Safety Authority) collection and evaluation of occurrence data on mycotoxins in food and feed, along with its provision of guidance for conducting safety assessments of feed additives to mitigate mycotoxin contamination, play a significant role in driving mycotoxin testing in Europe. By providing risk managers with scientific advice on setting maximum levels of mycotoxins in food and feed, EFSA informs regulatory decision-making processes aimed at safeguarding human and animal health. Additionally, EFSA's assessment of the risks posed by various mycotoxins and the establishment of Tolerable Daily Intakes further underscore the importance of robust testing protocols to monitor and mitigate mycotoxin contamination in European food and feed supply chains.
What are the key technology trends prevailing in the mycotoxin testing market?
Technology trends in mycotoxin testing include the continued development and adoption of rapid testing methods such as immunoassays and molecular techniques, which offer faster turnaround times and increased sensitivity compared to traditional methods. Additionally, advancements in chromatography and spectroscopy technologies are improving the accuracy and precision of mycotoxin analysis, allowing for more comprehensive and reliable testing results.
Technological advancements like Artificial Intelligence (AI) are revolutionizing the mycotoxin testing market by offering faster, cheaper, and more user-friendly methods. ImagoAI's Galaxy test is a prime example. This AI-powered system utilizes hyperspectral imaging (HIS) to analyze a sample and detect aflatoxins, deoxynivalenol, fumonisins, and zearalenone in corn within seconds. Traditionally, this process could be lengthy and involve expensive equipment. Galaxy's speed, ease of use, and affordability open doors for wider adoption of mycotoxin testing, ultimately leading to a safer food supply.
What is the total CAGR expected to be recorded for the mycotoxin testing market during 2024-2029?
The CAGR is expected to record as of 6.7% from 2024-2029. .
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The study involved four major activities in estimating the current size of the mycotoxin testing market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
This research study involved the extensive use of secondary sources—directories and databases such as Bloomberg Businessweek and Factiva—to identify and collect information useful for a technical, market-oriented, and commercial study of the mycotoxin testing market.
In the secondary research process, various sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles from recognized authors, gold & silver standard websites, directories, and databases were referred to identify and collect information. This research study involved the extensive use of secondary sources—directories and databases such as Bloomberg Businessweek and Factiva—to identify and collect information useful for a technical, market-oriented, and commercial study of the mycotoxin testing market.
Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.
Primary Research
Extensive primary research was conducted after obtaining information regarding the mycotoxin testing market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors from business development, marketing, research, and development teams, and related key executives from distributors and key opinion leaders. Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to type, sample, technology, and region.
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Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the mycotoxin testing market. These approaches were also used extensively to estimate the size of various dependent submarkets. The research methodology used to estimate the market size includes the following:
- Key players were identified through extensive secondary research.
- The industry’s value chain and market size were determined through primary and secondary research.
- All percentage share splits and breakdowns were determined using secondary sources and verified through primary sources.
- All the possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
- The following figure provides an illustrative representation of the complete market size estimation process implemented in this research study for an overall estimation of the mycotoxin testing market in a consolidated format.
The following sections (bottom-up & top-down) depict the overall market size estimation process employed for the purpose of this study.
Global Mycotoxin Testing Market: Bottom-Up Approach
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Global Mycotoxin Testing Market: Top-Down Approach
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. Data triangulation and market breakdown procedures were employed, wherever applicable, to estimate the overall mycotoxin testing market and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.
Market Definition
According to the World Health Organization (WHO), “Mycotoxins are toxic compounds that are naturally produced by certain types of moulds (fungi). Moulds that can produce mycotoxins grow on numerous foodstuffs such as cereals, dried fruits, nuts, and spices. Mould growth can occur either before or after harvest; during storage; on/in the food itself often under warm, damp, and humid conditions. Most mycotoxins are chemically stable and survive food processing”.
Key Stakeholders
Manufacturers, importers & exporters, traders, distributors, and suppliers of mycotoxin testing kits, equipment, reagents, chemicals, and other related consumables
- R&D institutes
- Mycotoxin testing laboratories
- Food & feed manufacturers
- Raw material suppliers
- Research institutes and organizations
- Regulatory bodies such as the Food and Agriculture Organization (FAO), the European Federation of National Associations of Measurement, Testing and Analytical Laboratories (EUROLAB), the Codex Alimentarius Commission (CAC), and the Canadian Food Inspection Agency (CFIA)
- Trade associations and industry bodies
Report Objectives
Market Intelligence
- Determining and projecting the size of the mycotoxin testing market with respect to type, sample, technology, and region.
- Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments
- Providing detailed information about the key factors influencing the market growth (drivers, restraints, opportunities, and industry-specific challenges)
- Providing the regulatory framework and market entry process related to the mycotoxin testing market
- Analyzing the micro markets with respect to individual growth trends, prospects, and their contribution to the total market
Competitive Intelligence
- Identifying and profiling the key players in the mycotoxin testing market
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Providing a comparative analysis of market leaders based on the following:
- Product offerings
- Business strategies
- Strengths and weaknesses
- Key financials
- Understanding the competitive landscape and identifying the major growth strategies adopted by players across the country
- Providing insights on key product innovations and investments in the mycotoxin testing market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
The following customization options are available for the report:
Product Analysis
- Product Matrix, which gives a detailed comparison of the product portfolio of each company.
Geographic Analysis
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
- Further breakdown of the Rest of Europe into Netherlands, Belgium, Sweden and other EU & non-EU countries.
- Further breakdown of the Rest of Asia Pacific into Taiwan, South Korea, Indonesia, Malaysia, Philippines, Thailand, Bangladesh, Singapore, and Vietnam.
- Further breakdown of the Rest of South America into Chile, Colombia, and Uruguay.
Company Information
- Detailed analyses and profiling of additional market players (up to five)
Growth opportunities and latent adjacency in Mycotoxin Testing Market