Global aflatoxins market is projecting a rise in estimated value by 2026, registering a substantial CAGR in the forecast period of 2019-2026 due to increase in research and development, rise in awareness among people regarding health related issues and increase in awareness regarding agriculture crop
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Major Market Competitors/Players
Some major competitor currently working global aflatoxins market are ARBRO PHARMACEUTICALS PVT. LTD, Symbio Laboratories, Eurofins Scientific, ERBER AG, Bureau Veritas, SGS SA, NEOGEN CORPORATION, Trilogy Analytical Laboratory, General Mills Inc, EnviroLogix, R-Biopharm AG, Alpha MOS, OMIC USA, Cayman Chemical and others
Report Segmentation :-
Global Aflatoxins Market By Species Type (Aspergillus Flavus and Aspergillus Parasiticus), Exposure Method (Plant Product, Animal Product, Air Media), Detection Method Type (Chromatographic Methods, Spectroscopic Methods, Immunochemical Methods), Metabolite Type (Aflatoxin B1 and B2, Aflatoxin G1 and G2, Aflatoxin M1 and M2, Aflatoxin Q1), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Competitive Analysis
Global aflatoxins market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of aflatoxins market for Global, Europe, North America, Asia Pacific and South America.
Market Definition:
Aflatoxins belongs to the family of toxins which are produced by the special fungi. Aflatoxins are commonly found on agricultural crops such as peanuts, maize, tree nuts and cottonseed. Generally, aflatoxins contaminates the field crops at the time of harvesting and during the storage. Aflatoxins are responsible for various diseases such as liver cancer. A person can get exposure from the aflatoxins while consuming meat or dairy product and sometimes through dust particles mixed with air while inhaling from contaminated crops and feeds.
Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2: Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3: Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Aflatoxins Market report effectively provides required features of the global market for the population and for the business looking people for mergers & acquisitions, making investments, new vendors or concerned in searching for the appreciated global market research facilities. It offers sample on the size, offer, and development rate of the market. The Aflatoxins report provides the complete structure and fundamental overview of the industry market.
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Market Drivers:
- Increase in research and development such as breeding technique has driven the market growth
- Rise in awareness among farmers regarding protection of agriculture crop might act as a catalyst may boost the growth
- Trends in foodstuff for microbiological decontamination might accelerate the market growth
- Increase in number of cancer patients due to carcinogenic properties of aflatoxin could enhance the market growth
Market Restraints:
- Problems associated with sampling procedure may hinder the growth of this market
- Difficulties in detection of aflatoxins due to variations in clinical signs can hamper the market growth
- High cost in management of aflatoxins can also act as a restraint for the growth of this market
The current trend pertaining to the demand supply and sales together with the recent developments have been given here to provide an exhaustive picture of this market. It also allows voluntarily accessible affordable reports of the research that is the end result of the personalized research carried by the internal team of professionals.
To comprehend Global Aflatoxins market dynamics in the world mainly, the worldwide Aflatoxins market is analyzed across major global regions.
- North America: United States, Canada, and Mexico.
- South & Central America: Argentina, Chile, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: UK, France, Italy, Germany, Spain, and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Key Development in the Market
- In May 2018, ProGnosis Biotech launched two lateral flow test including total aflatoxins and aflatoxin B1. The coefficient variant tests performed showcases accuracy, sensitivity and high stability. The coefficient variant test would help in becoming market leader as no other competitors are equipped with such latest technology
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