HOME Research Insight Eurofins Scientific SE (Luxembourg) and Intertek Group plc (U.K.) are the Active Players in the Mycotoxin Testing Market

Eurofins Scientific SE (Luxembourg) and Intertek Group plc (U.K.) are the Active Players in the Mycotoxin Testing Market

The mycotoxin testing market is projected to grow at a CAGR of 6.0% from 2016 to 2022. The market is driven by humid atmospheric conditions leading to increase in mycotoxins production in food & feed products, implementation of stringent food safety regulations, international trade mandates, growing health concern among consumers, consumer complaints (food recalls). The growth in international trading of food materials and growing mycotoxin prevalence due to various factors have led to the need for mycotoxin testing in food & feed.

The key market players have adopted strategies such as new product/service launches, expansions & investments, acquisitions, agreements, collaborations, partnerships & new technology launches of business operations to meet the growing demand for mycotoxin testing in food & feed.

SGS S.A. (Switzerland), Bureau Veritas S.A. (France), Intertek Group plc (U.K.), Eurofins Scientific SE (Luxembourg), ALS Limited (Australia) are the major players. The other players who are active in the industry are Microbac Laboratories Inc (U.S.), AsureQuality Ltd (New Zealand), Silliker Inc (U.S.), Romer Labs Diagnostic GmbH (Austria), and Symbio Laboratories (Australia).

Eurofins Scientific SE (Luxembourg) is one of the leading food & feed mycotoxin testing service providers due to its strong global presence and service infrastructure. The company focused on increasing its geographic presence through acquisitions and expansions between 2011 and 2016. In December 2016, Eurofins expanded its network by widening geographic presence in Asia. Eurofins developed new team which is in operation at Philippines. This facility offers various services including food & feed testing. In November 2014, Eurofins Scientific launched patented test kit ‘rapidust’ for on-site testing of mycotoxins in grains lot.

Intertek Group plc (U.K.) is one of the active players in the mycotoxin testing market. It provides ELISA & LC-MS methods to detect, and quantify the mycotoxins in food & feed products. In May 2016 Intertek acquired the Italian company Food International Trust (FIT-Italia), which provided a wide range of assurance, testing, and certification services. It was the first Italian company to receive ISI accreditation as an inspection body for the food sector and the first company in Italy to be accredited to deliver the International Food Standard (IFS) Food Store program. In April 2014, Intertek expanded its global footprint by setting up three new food testing laboratories in Bremen, Germany.

Related Reports:

Mycotoxin Testing Market by Type (Aflatoxins, Ochratoxin A, Patulin, Fusarium Toxins), Technology (HPLC-Based, LC-MS/MS-Based, Immunoassay-Based), Food Tested (Feed & Food), and Region - Global Forecast to 2022

UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support

US : 1-888-600-6441

Search reports