Food Allergen Testing Market Poised for Strong Growth with 7.8% CAGR during 2024 to 2034, Fuelled by Rapid Detection Methods | Future Market Insights, Inc. [Yahoo! Finance]
Neogen Corporation (NEOG)
Last neogen corporation earnings: 3/24 08:45 am
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Source: Yahoo! Finance
allergens, and consumer demand for allergen-free food products are the main factors driving the growth of the US food allergen testing market. All of these forces work together to drive testing methodology innovation and market expansion NEWARK, Del, Nov. 19, 2024 (GLOBE NEWSWIRE) -- The global food allergen testing industry has an estimated market valuation of USD million by and is projected to grow at a CAGR of to reach a market valuation of USD million by Allergic food producers are in search of an efficient and effective strategy for real-time allergy testing during the production process which eventually explains the increased demand for rapid testing. Current testing practices, though reliable, are slow and involve a lot of time waiting for the results as they are mostly done in laboratories. Rapid testing procedures such as biosensors and lateral flow devices (LFDs) address this need by allowing users to conduct quick tests on-site for greater convenience. The majority of t
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NEOG
Earnings
- 10/10/24 - Miss
NEOG
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/5/24 - Form 4
- NEOG's page on the SEC website