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Meat Speciation Testing Market | Size | Global Industry Report 2025

02-26-2019 01:59 PM CET | Health & Medicine

Press release from: Precision Business Insights

Meat Speciation Analysis Market

Meat Speciation Analysis Market

Meat Speciation Analysis Market worth 2,220.6 Million USD by 2022: Complete SWOT analysis-Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 201X – 202X.
The market size was estimated to be USD X billion in 202X and is anticipated to grow at a CAGR of 7.9% from 201X to 202X (forecast period).

Meat speciation analysis can be defined as identification of animal species which is performed for a range of reasons – ethnic, economic, and safety.
There is a wide range of products by which meat speciation testing is done, such as qualitative PCR analysis techniques, ELISA (enzyme linked immunosorbent assay) and others, these methods are used to identify the animal species in cooked & raw products across various food products & feed matrices. As the number of consumers consuming meat is rising globally, the scandals of mislabelling of meat products are rising which is anticipated to boost the Meat Speciation Testing market in future. Meat speciation testing is executed for cooked and raw meat products. Meat speciation testing systems verify the product labels and confirm the meat & meat products authenticity, which ensures the product safety to consumers.

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The growth of the global meat speciation testing market is driven by the rising health concern among the consumers and high demand for packaged meat. To counter the same, meat product manufacturers are investing in research and development in order to meet the regulatory specification. Some macroeconomic factors making a positive impact on global meat speciation testing market includes rapid rate of urbanization, increasing population, and increasing domestic income. The trend identified in the global meat speciation testing market is mergers and acquisitions between processed meat manufacturers and contract research organizations. The company manufacturing meat speciation testing products has a significant opportunity in regions such as North America, Europe, and Asia Pacific, attributed to growing health consciousness among a large number of population.

Global Meat Speciation Analysis Market: Drivers & Restraints
The global Meat Speciation Testing market is expected to witness sustained growth over the forecast period. The growth of Meat Speciation Testing market is driven by its growing in a number of food fraud cases and increasing infection among consumers, compliance with labelling laws, religious beliefs and strict rules & regulations and buyer demand for certified foodstuffs.
Lack of technology & infrastructure, lack of food control systems and resources in developing countries are the major restraint for the Meat Speciation Testing is market are affecting the profit margins of Meat Speciation Testing market.

Competitors Analysis: Meat Speciation Analysis Market

Some of the Key players in meat speciation analysis market are:

• Eurofins Scientific SE (Luxemburg)
• VWR International LLC (U.S.)
• Neogen Corporation (U.S.)
• Genetic ID NA, Inc. (U.S)
• LGC Science Group Ltd. (U.K.)
• Geneius Laboratories Ltd. (U.K)
• AB Sciex LLC (U.S)
• Scientific Analysis Laboratories (UK)
• ALS Limited (Australia)
• International Laboratory Services Ltd. (UK.)

In 2017 April, Neogen developed a detection test to identify raw pork in meat and environmental samples. In 2015, Eurofins has launched new analytical method based on DNA chip technology to identify 21 animal species in food products simultaneously.

Regional Analysis
The European region holds the highest share in the meat speciation testing market by owing to the stringent regulations regarding foods and their safety, high awareness among the consumers, increase in the trade of meat. In addition, the Asia-Pacific region is estimated to be the fastest growing market, Geographically Meat Speciation Analysis Market is segmented as Latin America, Europe, Asia- Pacific, North America, and The Middle East & Africa. owing to the stringent regulations regarding foods and their safety, high awareness among the consumers, increase in the trade of meat. North America accounts for a high share in meat speciation market due to rise in consumption of meat and its products, high share in the packaged food industry. Asia Pacific region is anticipated to account for predominant revenue share in the meat speciation analysis market due to stable GDP in the region, growing awareness about health among the consumers, demand for the meat products, improving safety standards of food etc.

Precision Business Insights (PBI) in its report titled “Global Meat Speciation Analysis Market”: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 20XX-20XX and Forecast 20XX-20XX” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast.
Based on the form, the global meat speciation testing market is segmented into:
• Raw
• Processed
• Cooked
Based on technology, the global meat speciation testing market is segmented into:
• PCR (Polymerase Chain Reaction) Technique
• ELISA (Enzyme-Linked Immunosorbent Assay) Technique
• Molecular Diagnostic Technique
Based on species, the global meat speciation testing market is segmented into:
• Sheep (Ovis aries)
• Horse (Equus caballus)
• Chicken (Gallus gallus)
• Pig (Sus scrofa)
• Cow (Bos taurus)
• Turkey (Meleagris galloparvo)

Based on species, the global meat speciation testing market is segmented into:
• North America
o U.S.
• Europe
o UK
o France
o Germany
• Asia Pacific
o China
o Japan
o India
• Latin America
o Brazil
• The Middle East and Africa

For More Information:
https://precisionbusinessinsights.com/market-reports/global-meat-speciation-analysis-market/

About Precision Business insights
Precision Business Insights is one of the leading market research and management consulting firm, run by a group of seasoned and highly dynamic market research professionals with a strong zeal to offer high-quality insights. Our company motto is to address client requirements in the best possible way and want to be a part of our client success. Relentless quest and continuous endeavor enable us to make new strides in market research and business consulting arena.

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