Increasing Food manufacturers is expected to drive the growth of GMO testing market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.
GMO crops are produced by altering the genetic material of the plant model with the help of biotechnology. GMO crops are resistant to pest, viruses, bacteria, insect etc. The invention of GMO crops has been a breakthrough in the agriculture sector. With the help of the latest advanced technologies, GMO testing can be done which helps in determining the amount of GMO present in the sample. Methods used for testing the GMO are DNA analysis and protein analysis followed by applying controls that effectively eliminate false positives and negatives.
The growing use of technology increasing food manufacturers is the key factor for the growth of the Global GMO Testing Market. The growing demand for GMO testing in major industries and the increasing number of processing food tested for the growth of the market. Government bodies such as regulating authorities and policymakers and growing awareness have also boosted the market growth.
Some of the key Impact Factors:
- Increasing Food manufacturers
- Government bodies such as regulating authorities and policymakers
Regional Analysis:
This report segments GMO testing market by region into North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. North America, Asia Pacific, and Western Europe are estimated to be major regions for the GMO testing market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in the Food & Agricultural sector. The use of latest technologies in the agricultural activities and established processed food market is estimated to drive demand for the GMO testing market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.
Asia Pacific is estimated to be one of the fastest-growing markets for GMO testing during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors to the growth of GMO testing market. The Middle East and the Rest of the World are estimated to be emerging regions for the GMO testing market during the forecast period.
Companies Covered: SGS S.A, ALS Limited , Eurofins Scientific SE, Thermo Fisher Scientific, Romer Labs Diagnostic GmbH, Intertek Group Plc…
Market Segmentation:
By Technology:
- Polymerase Chain Reaction (PCR)
- Immunoassay
By Trait:
- Stacked
- Herbicide Tolerance
- Insect Resistance
By Crop Tested:
- Potato
- Corn
- Soy
- Cotton
- Sugar Beet
- Others
By Processed Food Tested:
- Food Additives
- Confectionery & Bakery
- Meat & Meat Products
- Snacks and Breakfast Cereals
- Others
By Region:
- North America
- By Country (US, Canada, Mexico)
- By Technology
- By Trait
- By Crop Tested
- By Processed Food Tested
- Western Europe
- By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
- By Technology
- By Trait
- By Crop Tested
- By Processed Food Tested
- Eastern Europe
- By Country (Russia, Turkey, Rest of Eastern Europe)
- By Technology
- By Trait
- By Crop Tested
- By Processed Food Tested
- Asia Pacific
- By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
- By Technology
- By Trait
- By Crop Tested
- By Processed Food Tested
- Middle East
- By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
- By Technology
- By Trait
- By Crop Tested
- By Processed Food Tested
- Rest of the World
- By Region (South America, Africa)
- By Technology
- By Trait
- By Crop Tested
- By Processed Food Tested
Reasons to buy this report:
- Market size estimation of GMO testing market on a regional and global basis
- The unique research design for market size estimation and forecasts
- Profiling of the major companies operating in the market with key developments
- Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet the specific requirements:
- By segment
- By sub-segment
- By region/ country
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