NEW YORK, Sept. 9, 2021 /PRNewswire/ -- The "food allergen testing market segmented by Technology (LC MS technology, Immunoassay ELISA technology, and PCR technology) and Geography (North America, Europe, Asia, and ROW) - Forecast and Analysis 2021-2025" has been added to Technavio's offering. Do you know the food allergen testing market size is expected to reach a value of USD 941.69 million during 2021-2025?
Find extensive research with data synthesis and validation on the Food Allergen Testing Market report.
As the business impact of the COVID-19 spreads, the food allergen testing market is expected to have positive growth. In the short term, the market demand will show superior growth due to the increase in infections and reduced economic activity.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
Recognizing the existing business model
Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
Conceptualize scenario-based planning to mitigate future crisis situations.
Food allergen testing market is segmented as below:
LC MS Technology
Immunoassay ELISA Technology
The food allergen testing market is driven by increasing allergic reactions among individuals. In addition, other factors increasing product launches and rising awareness and globalization of the food market are expected to trigger the food allergen testing market toward witnessing a decelerating CAGR of 6.40% during the forecast period.
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.