The Launch of Economic Multi-Toxin Analysis Systems is Proving to be an Opportunity for Growth in the Mycotoxin Testing Market

Northbrook, IL, USA, 2019-Oct-10 — /EPR Network/ —

The global mycotoxin testing market is estimated to be valued at USD 858 million in 2018 and is projected to reach USD 1,157 million by 2023, at a CAGR of 6.1%. The demand for mycotoxin testing is significantly increasing due to factors such as growing recalls and border rejections with growth in the international food trade, stringent regulations across various countries and changing climatic conditions. The high cost associated with the installation of technologies inhibits the growth of the mycotoxin testing market. The European region is projected to account for the largest market, owing to the growing prevalence of Fusarium toxins due to changing climatic conditions, coupled with the strengthening of the feed and food mycotoxin testing policies by the contributed efforts of Control Laboratories (CLs), National reference laboratories (NLRs), and EU Reference Laboratories (EURLs).

The mycotoxin testing market, on the basis of type, is segmented into aflatoxin, ochratoxins, fumonisins, zearalenone, deoxynivalenol, trichothecenes, patulin, and others. The deoxynivalenol segment is faster-growing due to the growing prevalence of the deoxynivalenol toxin, leading to foodborne illnesses among consumers. Hence, the European and North American regions are stringently regulating the presence of it in food crops and products. It is most commonly found in grains such as wheat, oat, and barley.

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Increasing food trade across borders of emerging markets, launch of advanced technologies for the detection of mycotoxins, rise in co-occurrence of mycotoxins, launch of economic multi-toxin analysis systems, and increase in demand for cereal products and oats and the emergence of new mycotoxins in agricultural commodities such as enniatins, beauvericin, moniliformin, fusaproliferin, fusaric acid, culmorin, butenolide, sterigmatocystin, emodin, mycophenolic acid, alternariol, alternariol monomethyl ether, and tenuazonic acid prove to be some of the opportunities in this market.

The major players in the industry are focusing on new service, technology, and product launches; mergers & acquisitions; expansions & investments; and agreements, collaborations, partnerships, and mergers to increase the global footprint in the area of mycotoxin testing.

What challenges arise due to Inappropriate sample collection & standardization?

The food testing process has multiple stages, namely, raw material growing, procurement, processing, packaging, storage, and the supply chain. The exact number of samples required to be collected during testing is not yet standardized. Food and feed manufacturing or growing companies also face challenges in determining the appropriate sample size as this sample represents all the possible products in the food manufacturing value chain in sufficient quantity. Larger sample size would increase the chances of positive results. The testing laboratories do not receive a sufficient number of samples each time from their clients. This can be attributed to their customers’ lack of awareness about the quantity required for mycotoxin testing.

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Standards regarding sample requirements are not published in a reliable reference form. Lack of information, in terms of sample standards, can cause several losses to testing labs. This lack of standardization in collecting samples has been affecting the end results; some testing labs have even lost their accreditation due to inappropriate results. Such issues have been restraining the growth of the testing market to some extent.

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