The Global Meat Speciation Testing Market Growth at a rate of 8.90% in the forecast period 2022 to 2029
Market Analysis and Insights - Global Meat Speciation Testing Market
The increased malpractices and fraudulent incidents involving meat and meat products has resulted in the high need for meat speciation testing. Furthermore, rising consumer awareness of safety and quality, as well as increasingly stringent regulations and effective supply chain monitoring, are fuelling the growth of the meat specification testing market.
Data Bridge Market Research analyses that the meat speciation testing market was valued at 2.06 billion in 2021 is expected to reach the value of USD 4.07 billion by 2029, at aw CAGR of 8.90% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
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The Global Meat Speciation Testing Market Size
Market Definition
Meat speciation testing is for identification of animal species for a variety of reasons, including ethnic, economic, and safety concerns. Meat speciation testing is done using a variety of products, including qualitative PCR analysis techniques, ELISA (Enzyme Linked Immunosorbent Assay), and others. These methods are used to identify the animal species in cooked and raw products across a variety of food and feed matrices.
SGS announced the expansion of its new food microbiological testing lab in Fairfield, New Jersey, USA, in October 2019. The 2,000-square-foot microbiological testing facility employs an information technology platform to provide a wide range of testing services to food producers, manufacturers, and suppliers across all food categories.
SGS announced the expansion of its new food microbiological testing lab in Carson, California, in March 2019. The microbiological testing facility is 2,400 square feet in size. This expansion aims to broaden the company's geographical coverage as well as its global network of agriculture and food labs.
Global Meat Speciation Testing Market Country Level Analysis
The meat speciation testing market is analysed and market size insights and trends are provided by country, form, technology and species as referenced above.
The countries covered in the meat speciation testing market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
European region is expected to dominate the meat speciation testing market. Europe dominated the global market because of numerous incidents of meat adulteration in European countries. Asia-Pacific region is expected to be the fastest growing in the market. China dominates the meat speciation market in the Asia-Pacific region.
Global Meat Speciation Testing Market Share Analysis
The meat speciation testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to meat speciation testing market.
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Key Players Global Meat Speciation Testing Market
Some of the major players operating in the meat speciation testing market are:
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SGS (Switzerland)
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Bureau Veritas (France)
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Eurofins (Luxembourg)
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Intertek (U.K.)
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Mérieux NutriSciences (U.S.)
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ALS Limited (Australia)
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Neogen (U.S.)
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AsureQuality (New Zealand)
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Charm Sciences (U.S.)
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Premier Analytical Services (U.K.)
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Dairyland Laboratories (U.S.)
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Bio-Check (U.K.)
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AES Laboratories (India)
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IEH Laboratories and Consulting Group (U.S.)
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Envirologix Inc. (U.S.)
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EMSL Analytical, Inc. (U.S.)
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Krishgen Biosystems (U.S.)
Global Meat Speciation Testing Market Report Answers the Following Questions:
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How much revenue will the Global Meat Speciation Testing Market generate by the end of the forecast period?
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Which market segment is expected to have the maximum market share?
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What are the influencing factors and their impact on the Global Meat Speciation Testing Market ?
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Which regions are currently contributing the maximum share of the overall Global Meat Speciation Testing Market ?
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What indicators are likely to stimulate the Global Meat Speciation Testing Market ?
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What are the main strategies of the major players in the Global Meat Speciation Testing Market to expand their geographic presence?
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