Dairy Products and Alternatives Segment to Dominate APAC Food Allergen Testing Market during 2019–2027

According to a new market research study on “Asia Pacific Food Allergen Testing Market Forecast to 2027–COVID-19 Impact and Analysis - by Source (Peanut and Soy, Wheat, Milk, Egg, Tree Nuts, Seafood, and Others), Technology (PCR-Based, Immunoassay Based/ELISA, and Other Tests/Techniques), and Food Tested (Bakery and Confectionery, Infant Food, Processed Food, Dairy Products and Alternatives, Seafood and Meat Products, and Other Foods),”the market is expected to reach US$ 231.32 million by 2027 from US$ 112.73 million in 2018; it is estimated to grow at a CAGR of 8.4% from 2019 to 2027. The report provides trends prevailing in the APAC food allergen testing market, and drivers and restraints pertaining to the market growth. The rise in food allergy incidence and strict food allergen labeling compliance imposed on producers are the major factors driving the growth of the APAC food allergen testing market. However, the limited development of food allergen labelling regulations in developing countries hinders the growth of APAC food allergen testing market.

The food allergen testing market in APAC is segmented on the basis of source, technology, and food tested. Based on source, the market is segmented into peanut and soy, wheat, milk, egg, tree nuts, seafood, and others. In 2018, the milk segment held the largest share in the market in this region. Based on technology, the APAC food allergen testing market is divided into polymerase chain reaction-based (PCR-based), immunoassay-based / ELISA, and other tests/techniques. The immunoassay-based / ELISA segment is expected register the highest CAGR in the market during the forecast period. Further, amid the ongoing COVID-19 pandemic, the APAC food allergen testing market players are striving for business growth as most of the industries, including the food industry, are facing severe impact of the viral outbreak, and the virus spread has critically affected several countries such as China, India, Japan, and Australia. The majority of the countries have imposed lockdown or restricted transportation, which has led to severe impact on production due to less labor footfall.

Dicentra, Eurofins Scientific SE, Intertek Group Plc, Mérieux NutriSciences, ALS Limited, Romer Labs Diagnostic GmbH, SGS S.A., TUV SUD SPB PTE. LTD., and R-Biopharm AG are among the leading companies in the APAC food allergen testing market. The key companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, Eurofins Scientific acquired Protec Group’s water and food testing businesses in France.

APAC Food Allergen Testing Market, by Country, 2018 and 2027 (%)

The report segments the APAC Food Allergen Testing Market as follows:

APAC Food Allergen Testing Market – by Source

• Peanut and Soy
• Wheat
• Milk
• Egg
• Tree nuts
• Seafood
• Others

APAC Food Allergen Testing Market – by Technology

• PCR (Polymerase Chain Reaction)-Based
• Immunoassay Based/ELISA
• Other Tests/Techniques

APAC Food Allergen Testing Market – by Food tested

• Bakery and Confectionery
• Infant Food
• Processed Food
• Dairy Products and Alternatives
• Seafood and Meat Products
• Other Foods

APAC Food Allergen Testing Market – by Country

• Australia
• China
• India
• Japan
• South Korea
• Rest of APAC