The Europe Food Allergen Testing market is anticipated to grow at a 7.80% CAGR from 2018 to 2023 and it is estimated that the Europe market was valued at USD 138.41 million in 2018 and is relied upon to achieve USD 201.49 million by 2023.
Food allergies have affected nearly every person at some of point in their lifetime A food allergy causes hypersensitivity of the body’s immune system. It involves an abnormal response triggered by the immune system upon ingestion of certain kind of food. The most common food allergens reported in food allergy or intolerance testing include cow’s milk, peanuts, eggs, seafood, shellfish, soy, wheat and tree nuts such as almonds, Brazil nuts, cashews, pine nuts, pistachios and walnuts. According to the World Allergen Organization (WAO), food allergies affect 220 - 250 million people worldwide. In the last few decades, the Europe market for food allergy and intolerance products has gone from being a niche space to mainstream. As number of people suffering from food allergies are increasing, the market is witnessing promising growth.
The market is mainly driven by the implementation of stringent food safety regulations, growing allergic reactions among consumers and international trade of food materials. Until a few years ago, the sales of foods for people suffering from food intolerance were confined largely to specialized wellness shops and pharmacies. However, that situation has since experienced a change with a few mainstream retail stores now offering these items. Due to the rise in the popularity of such products, there has been an expansion in the product pipeline as well. This has led to large multi-retail players launching their own name brands selling gluten-free foods. The market is witnessing a plethora of bakery items, sauces, cereals, pizzas, and meat items. Supermarkets have begun to advertise intolerance foods on the internet to gain new customers. Moreover, the increase in awareness and popularity of intolerance foods has led many restaurants into offering allergen-free food items on their menus. The growth of the Europe food allergens and intolerance testing market has thus taken off. Gluten- and wheat-free products are thus making advances into the mainstream food and beverages industry. Apart from those suffering from food-related intolerance and allergies, many individuals are opting for specialized food for general health and well-being reasons.
The Europe market for Food Allergen Testing is segmented into source, technology and food tested. On the basis of source, it is segmented into Peanuts & Soy, Wheat, Milk, Eggs, Tree Nuts, Seafood. The market for peanut and soy in this segment, accounts for the largest share. They have a wide range of applications and are used in preparation of various food products. Hence, allergies due to peanuts and soy has been on a rise, leading to an increase in the demand for allergen testing for safety. Soy is one of the complicated allergens to avoid as it is incorporated with a wide number of processed food and hence it is also known as "hidden allergen". Asian cuisine is a high-risk zone for people allergic to Soy due to excessive use of Soy during the preparation of the food. On the basis of technology, it is segmented into PCR-Based and Immunoassay-Based (Elisa). ELISA is one of the most widely used immunoassays in food allergen testing. This technology is economic and is the most commonly used technology to detect and quantify allergens in food products. The key advantages of this technology are Low detection limits and high analytic selectivity. It is projected to grow at the most in this segment. On the basis of food tested it is segmented into Bakery & Confectionery and Infant Food.
On the basis of geography, the market is analyzed under various regions namely Germany, U.K, Italy, Spain and France. The European region is projected to be the fastest growing market due to increase in allergic reactions among its consumers and the growing market for processed food. The incidence of food allergy has risen over the last few years here, thereby enabling the regional market to emerge as a lucrative space for intolerance foods. European countries have recorded many issues related to food allergens; as a result, stringent policies have been established to achieve complete food safety. Germany is projected to be fastest growing country in the European region. The food safety authorities aim at protecting consumer health by ensuring the quality of the food supply chain.
Some of the major companies dominating the market are SGS S.A., Intertek Group plc, TUV SUD Psb Pte. Ltd., ALS Limited, Eurofins Scientific SE, Merieux Nutrisciences Corporation, AsureQuality Ltd., Microbac Laboratories Inc, Romer Labs Diagnostic GmbH and Symbio Laboratories.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Source
5.1.1 Introduction
5.1.2 Peanuts & Soy
5.1.3 Wheat
5.1.4 Milk
5.1.5 Eggs
5.1.6 Tree Nuts
5.1.7 Seafood
5.1.8 Y-o-Y Growth Analysis, By Source
5.1.9 Market Attractiveness Analysis, By Source
5.1.10 Market Share Analysis, By Source
5.2 Technology
5.2.1 Introduction
5.2.2 PCR-Based
5.2.3 Y-o-Y Growth Analysis, By Technology
5.2.4 Market Attractiveness Analysis, By Technology
5.2.5 Market Share Analysis, By Technology
5.3 Food Tested
5.3.1 Introduction
5.3.2 Diagnostics Development
5.3.3 Bakery & Confectionery
5.3.4 Infant Food
5.3.5 Disease Risk Assessment
5.3.6 Other Applications
5.3.7 Y-o-Y Growth Analysis, By Food Tested
5.3.8 Market Attractiveness Analysis, By Food Tested
5.3.9 Market Share Analysis, By Food Tested
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Source
6.1.3.3 By Technology
6.1.3.4 By Food Tested
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Source
6.1.4.3 By Technology
6.1.4.4 By Food Tested
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Source
6.1.5.3 By Technology
6.1.5.4 By Food Tested
6.1.5.5 By Indication
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 SGS S.A.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Intertek Group plc
8.3 ALS Limited
8.4 TUV SUD Psb Pte. Ltd.
8.5 Eurofins Scientific SE
8.6 Merieux Nutrisciences Corporation
8.7 AsureQuality Ltd.
8.8 Microbac Laboratories Inc
8.9 Romer Labs Diagnostic GmbH
8.10 Symbio Laboratories
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
