Middle East and Africa 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)
Number of Pages: 87
Market Introduction
The MEA region includes countries such as South Africa, Saudi Arabia, UAE, and the rest of MEA. The region is expected to witness a rapid increase in commercialization and industrialization, which would further boost the varied industrial sectors. The Gulf countries are economically developed countries, whereas the African countries are yet to match up to the economic conditions of the Gulf countries and lag far behind. The harsh weather conditions of the desert, lack of unskilled laborers, and high labor wages in the region act as huge hindrances to the establishment of the production plant. However, Urbanization in the Middle Eastern is transforming the outlook of countries. Middle Eastern countries look ahead for the adoption of advanced technologies and also stand amongst the most highly urbanized region which faces construction of with new cities. Responding towards a shift occurring in global economic power has positioned the Middle East firmly as a world’s fastest-growing market, including Dubai and Abu Dhabi, with an aim to turn into global hubs.
Market Overview and Dynamics
The food allergen testing market in the MEA is expected to grow from US$ 55.45 million in 2018 to US$ 98.28 million by 2027; it is estimated to grow at a CAGR of 6.6% during 2019–2027. Rapid growth in the food and beverages industry and growing international trade activities involving food and food ingredients are projected to provide opportunities for the growth of key players operating in the food allergen testing market. The imported food and food ingredients are strictly checked against quality and labeling standards. Therefore, the food and beverage manufacturers exporting their products in developed regions have to follow stringent food safety and labeling regulations. This further raises the need for food allergen testing products and services.
COVID 19 has impacted the major countries in the MEA. Most of the countries in the MEA are under lockdown, which is limiting the food allergen testing market growth. Saudi Arabia has the highest number of COVID-19 cases, followed by South Africa and the UAE, among others.
Key Market Segments
In terms of source, the milk segment accounted for the largest share of the MEA food allergen testing market in 2018. In terms of technology, the immunoassay-based /ELISA segment held the largest market share in 2018. In terms of food tested, the dairy products and alternatives segment account for the largest share of the MEA food allergen testing market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the MEA food allergen testing market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Eurofins Scientific SE, Intertek Group Plc, Mérieux NutriSciences, ALS Limited, SGS S.A., and TUV SUD SPB PTE. LTD.
Reasons to Buy Report
MEA Food Allergen Testing Market Segmentation
MEA Food Allergen Testing Market – By Source
MEA Food Allergen Testing Market – by Technology
MEA Food Allergen Testing Market – by Food Tested
MEA Food Allergen Testing Market – by Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 55.45 Million |
| Market Size by 2027 | US$ 98.28 Million |
| CAGR (2019 - 2027) | 6.6% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Source
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
The Middle East and Africa Food Allergen Testing Market is valued at US$ 55.45 Million in 2018, it is projected to reach US$ 98.28 Million by 2027.
As per our report Middle East and Africa Food Allergen Testing Market, the market size is valued at US$ 55.45 Million in 2018, projecting it to reach US$ 98.28 Million by 2027. This translates to a CAGR of approximately 6.6% during the forecast period.
The Middle East and Africa Food Allergen Testing Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Food Allergen Testing Market report:
The Middle East and Africa Food Allergen Testing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Food Allergen Testing Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Food Allergen Testing Market value chain can benefit from the information contained in a comprehensive market report.
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