Global GMO Testing Market is valued at USD 2184.95 Million in 2021 and is expected to reach USD 3905.26 Million by 2028 with a CAGR of 8.65% over the forecast period.
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.
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).
The major players included in the global GMO testing market forecast are,
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.
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.
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Report Analysis | Details |
---|---|
Historical data | 2018 - 2021 |
Forecast Period | 2022 - 2028 |
Market Size in 2021: | USD 2184.95 Million |
Base year considered | 2021 |
Forecast Period CAGR %: | 8.65% |
Market Size Expected in 2028: | USD 3905.26 Million |
Tables, Charts & Figures: | 175 |
Pages | 300 |
GMO Testing Key Players | SGS S.A, Thermo Fisher Scientific, Inc., Intertek Group Plc., Bureau Veritas SA, TÜV SÜD AG, Eurofins Scientific SEALS Limited, Bio-Rad Laboratories, Inc, AsureQuality, Mérieux NutriSciences Corporation, Microbac Laboratories, Inc., Romer Labs Diagnostic GmbH. |
Segments Covered | By Type, By Technology, By Crop Tasted, By Food Tested |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
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