Mycotoxin Testing Industry Will Hit Big Revenues In Future
The mycotoxin testing market is a critical component of the food safety industry. Mycotoxins are toxic secondary metabolites produced by certain types of fungi, which can contaminate crops and pose significant health risks to humans and animals. The testing of these toxins is essential to ensure food and feed safety, regulatory compliance, and to mitigate economic losses.
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Mycotoxin Testing Market to Showcase Continued Growth in the Coming Years
The Mycotoxin Testing Market is estimated at USD 1.6 billion in 2024 and is projected to reach USD 2.3 billion by 2029, at a CAGR of 6.7% from 2024 to 2029 according to a report published by MarketsandMarkets™. The expansion of the agricultural sector, coupled with growing international trade in food and agricultural products, has increased the need for mycotoxin testing to comply with export...