According to the research report titled ‘Global Food Allergen Testing Market Size study, by Source (Peanuts & Soy, Wheat, Milk and Others), by Technology (Polymerase chain reaction (PCR), Immunoassay-based /ELISA (Enzyme-linked immunosorbent assay) and Others), by Application (Bakery & confectionery, Infant food, Processed foods and Others), and Regional Forecasts 2021-2027’, available with Market Study Report, global food allergen testing market was assessed at USD 0.666 billion in 2020 and is anticipated to be worth USD 1.056 billion by 2027, growing at an annual rate of 6.8% between 2021-2027.
 

Rising incidence of food allergies and related diseases, along with growing awareness among consumers regarding ingredients used in food products are the primary drivers for global food allergen testing market. As per Food Allergy Research & Education, approximately 2.5% of the children under three years of age are allergic to milk.
 

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For the unversed, food allergen testing is primarily used to verify if raw materials included in final food products are free from unwanted food allergens.
 

While surging demand for processed food products and labelling mandates will aid revenue inflow, lack of awareness regarding food safety regulations will act as a challenge for businesses in this domain.
 

Based on source, worldwide food allergen testing market is split into wheat, peanuts & soy, milk, and others. Speaking of technology, the industry is arrayed into immunoassay-based/ELISA (Enzyme-linked immunosorbent assay), polymerase chain reaction (PCR), and others. Moving on to application scope, the business sphere is bifurcated into infant food, bakery & confectionery, processed foods, and others.
 

Regionally speaking, Europe held majority of global food allergen testing market share in the past year, owing to presence of large companies, and increasing occurrence of food allergies among masses. Strict regulations by authorities, and growing awareness about food sensitivities will contribute to market remuneration as well.
 

Leading players profiled in the report are Dicentra, TUV SUD SPB Pte. Ltd., SGS S.A., Eurofins Scientific SE, ALS Limited, Intertek Group plc, Romer Labs Diagnostic GmbH, Neogen Corporation, Mérieux NutriSciences, and Microbac Laboratories Inc.