GMO Testing Market 2019 By Type Covers (Stacked, Herbicide Tolerance, Insect Resistance), By Technology (Polymerase Chain Reaction (PCR), Immunoassay), By Crop Tasted (Corn, Soy, Rapeseed/Canola, Potato, Others), By Food Tested (Bakery & Confectionery, Meat & Meat Products, Breakfast Cereals & Snacks, Food Additives, Other) Forecast To 2025
The worldwide market for GMO Testing Market is expected to grow at a CAGR of roughly 8.3 % over the next five years, will reach 2.83 Billion US$ in 2025
GMO crops are cultivated by changing the genetic substance of the plant model with the assistance of biotechnology that is resistant to viruses, pest, insect, and bacteria. The invention of GMO crops has been advancement in the agriculture industry. With the assistance of the newest enhanced technologies, GMO testing can be conducted that assists in deciding an amount of GMO in the sample. Methods employed for testing the GMO are protein analysis and DNA analysis followed by applying controls that efficiently remove negatives and false positives.
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Key Players in the Report:
The major players included in the global GMO testing market forecast are SGS S.A., Thermo Fisher Scientific, Inc., Intertek Group Plc., Bureau Veritas SA, TÜV SÜD AG, Eurofins Scientific SE, ALS Limited, Bio-Rad Laboratories, Inc., AsureQuality, Mérieux NutriSciences Corporation, Microbac Laboratories, Inc., and Romer Labs Diagnostic GmbH.
GMO testing should be conducted routinely so as to avoid cross-contamination in which accidentally GM crops enter non-GM food manufacturing. GMO testing makes sure that the usage of GMO is as secured as non-GMO and it also brings value to the farmers.
By trait, the GMO testing market is divided as stacked, herbicide tolerance, and insect resistance. By technology, the GMO testing market is divided as polymerase chain reaction (PCR) and immunoassay. By crop tested, the GMO testing market is divided as corn, soy, rapeseed/canola, potato, and others (tomato, sugarbeet, and rice). By processed food tested, GMO testing market is divided as bakery & confectionery, meat & meat products, breakfast cereals & snacks, food additives, and other processed food (dairy products, infant food, and processed beverages).
GMO Testing Key Market Segments:
GMO Testing Market Segment by Type covers:
- Herbicide tolerance
- Insect resistance
GMO Testing Market Segment by Technology:
- Polymerase Chain Reaction (PCR)
GMO Testing Market Segment by crop Tasted:
GMO Testing Market Segment by Food Tested:
- Bakery & confectionery
- Meat & meat products
- Breakfast cereals & snacks
- Food additives
Implementation Of Different Regulations On Food Safety, Specifically In The Developed Nations, Powers The Development Of The Global Food Safety Testing Market
In The Market
Implementation of different regulations on food safety, specifically in the developed nations, powers the development of the global food safety testing market. Sale of goods after their use by date, recycling of animal by-products, unsafe food handling processes, and inclusion of harmful ingredients are some of the primary food fraud activities. The usage of contaminated food, comprising radioactive materials and toxic chemicals, leads to foodborne illness, which might even result in death.
The implementation of strict rules by a number leading food safety agencies, such as European Food Safety Authority, Food Standards Agency, Canadian Food Inspection Agency, and Food Safety and Standards Authority of India, to stop food fraud and ill health of users is predicted to power the development of the global GMO testing market.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
The Europe Is The Biggest Area For GMO Testing Market
The Europe is the biggest market for GMO testing. Nations such as France, the U.K., Germany, Spain, Italy, and other EU nations are primary importers of canola, corn, soy, and other crops and processed items. The nations in the EU are strict in GMO laws, which in turn lead to vigorous testing of GMO for security.
North America is the primary exporter of corn, soy, and canola to the world which needs the performance of tests for GMO labeling as per the importing nation rules. Argentina and Brazil are also the active nations for genetically modified altered food testing for security. Asia Pacific nations are at the developmental stage in this market. China is the major nation after Korea, Japan, and Rest of Asia Pacific.
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Table Of Content:
1. GMO Testing Market – Overview
1.1 Definitions and Scope
2. GMO Testing Market – Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. GMO Testing Market
3.1 Comparative analysis
3.1.1 Product Benchmarking – Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis – Top 10 companies
3.1.5 Pricing Analysis
4. GMO Testing Market – Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. GMO Testing Market – Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies
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