The global food allergen testing market encompasses various diagnostic tests and kits that allow accurate and definitive identification of allergens present in food products. These tests help ensure the safety of food products for consumers with food allergies by eliminating the risk of cross-contact. Traditional tests include enzyme-linked immunosorbent assay (ELISA) and polymerase chain reaction (PCR)-based testing. Recent advancements include lateral flow immunoassay strips that provide fast and easy-to-use on-site testing.
The Global Food Allergen Testing Market is estimated to be valued at US$ 957.88 Mn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the food allergen testing market are Fable & Mane, Henkel AG, Procter & Gamble Co., Unilever Corporation, Kao Corporation, Aveda Corporation, Avon Products Inc., L€TMOreal S.A., Revlon, Inc., Johnson & Johnson, Natura & Co., and Coty Inc.
The growing incidences of food allergies globally are driving the demand for food allergen testing. According to studies, nearly 220 million people across the world suffer from at least one food allergy. Stringent food safety regulations mandating labeling of allergens and testing of food products are also fueling market growth.
The global expansion of key food companies into new regions is augmenting demand for authentic food allergen testing services that help comply with diverse international regulations. Manufacturers are also adopting advanced testing solutions to streamline quality control checks and mass production processes.
Market key trends
The adoption of rapid testing technologies such as lateral flow assays is gaining traction in the Food Allergen Testing Market Growth. Unlike traditional tests requiring extensive laboratory setup and skilled technicians, rapid tests provide instant results at the production site itself. This enables real-time quality monitoring and corrective actions to prevent allergen contamination. Ongoing R&D investments are further innovating rapid tests with higher sensitivity and wider allergen panels.
Porter’s Analysis
Threat of new entrants: Low barriers such as technology and resource requirements for new labs entering the market.
Bargaining power of buyers: High number of buyers in retail and consumer goods segments.
Bargaining power of suppliers: Dependent on few suppliers for raw materials and equipment.
Threat of new substitutes: Low threat as testing helps ensure safety and alternatives do not provide same benefit.
Competitive rivalry: Intense competition among existing labs to expand service offerings and capabilities.
The North American region currently accounts for the largest share in the global food allergen testing market in terms of value due to growing health concerns and stringent food safety regulations. The Asia Pacific region is expected to be the fastest growing market during the forecast period due to improving consumer awareness, increasing disposable incomes and expanding food processing industries in countries like India and China.