The global demand for Gmo Testing Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
GMO testing certifies the product's identification and nature and detects traits like stacked, herbicide tolerance, and pest resistance in crops and processed foods. GMO (genetically modified organism) testing verifies the product at each stage of the supply chain, ensuring compliance with import and labelling rules for genetically modified foods and feed. The polymerase chain reaction (PCR) test identifies and quantifies genetically modified organisms (GMOs) in food and feed samples. GMO (Genetically Modified Organisms) testing is done regularly to avoid cross-contamination and the introduction of genetically modified crops into non-genetically modified products. GMOs (genetically modified organisms) are thoroughly tested to ensure that they are as safe to eat as non-GMO items.
Technological advancements in farming technologies and the growing production of various processed foods utilizing genetically modified crops drive the global GMO testing business. Due to the advent of technologically complex agricultural procedures, the demand to maintain minimal nutrition in crops is expected to fuel the growth of the global GMO testing market. Due to rising nutritional demand, the output of genetically modified crops has increased, resulting in the tightening of genetically modified food safety laws. As a result, the market for GMO testing has increased. Additionally, as the number of food frauds in the industry has grown, customers have become cautious of the legitimacy of food products meant to satisfy specific demands, such as deliberate ingredient substitutions, misleading consumers with false promises, and disruptive labelling. Therefore, food manufacturers have turned to food testing techniques as the most effective means of distinguishing their products from the competitors and capturing a significant market share. This is further boosting GMO testing market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of gmo testing. The growth and trends of gmo testing industry provide a holistic approach to this study.
This section of the gmo testing market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Crop Type
- Polymerase Chain Reaction
- Elisa Test
- Strip Test
- Rapeseed/ Canola
- Herbicide Tolerance
- Insect Resistance
This section covers the regional outlook, which accentuates current and future demand for the Gmo Testing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Gmo Testing Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the gmo testing market include SGS, Eurofins Scientific, Intertek Group plc., BIO-RAD, BUREAU VERITAS, IEH Laboratories & Consulting Group, MERIEUX NutriSciences, Microbac Laboratories, ALS Limited, OMIC and Thermo Fisher Scientific. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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