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GMO Testing Market Growth Accelerated by Healthy CAGR, Upcoming Trends and Key Companies Analysis | SGS S.A, ALS Limited, Eurofins Scientific SE among Others

02-14-2020 07:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

GMO Testing Market

GMO Testing Market

GMO Testing Market is estimated to reach USD XX billion by 2028

This detailed market study focuses on the data obtained from various primary and secondary sources and is analyzed using different tools. It helps in gaining insights about the potential of the market for growth which can facilitate the investors in identifying scope and opportunities. The analysis also provides details of each segment in the global GMO Testing Market.

According to the report, increasing producers of food are expected to drive the growth of the demand for GMO testing during the forecast period. This has resulted in some of the key advances that companies operating on the market have in consolidating their market positions and searching for further opportunities for niches.

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With an emphasis on both organic and inorganic growth strategies there have been several primary developments done by major companies such as Eurofins Scientific SE, SGS S.A, ALS Limited , Thermo Fisher Scientific, Intertek Group Plc, Romer Labs Diagnostic GmbH.

GMO crops are produced using biotechnology, by modifying the genetic material of the plant type. GMO crops are harmless against rats, viruses, bacteria, insects and so on. Production of GMO crops was a revolution in the agricultural sector. GMO research can be carried out using the new advanced technology that helps to determine the amount of GMOs found in the sample.
The rising use of technology to increase food producers 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 food processors tested for market growth. Government bodies such as regulators and policy makers and growing awareness have also spurred the growth of the sector.

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This report provides:
o An overview of Global GMO Testing Market globally and related technologies.

o Analysis of global market trends, estimates of each year and annual compound growth rate projections (CAGRs).

o Identification of new market opportunities and targeted promotion plans for Global GMO Testing Market.

o Discussion of R&D and demand for new products and new applications

o Comprehensive company profiles of key industry players.

Some of the key Impact Factors:

o Increasing Food manufacturers
o Government bodies like regulating authorities and policymakers

The researchers have studied the market in-depth and have come up with major segments like product type, application, and region. Based on their market share, growth prospects, and CAGR, each and every segment and its sub-segments are studied. Each market segment offers in-depth information on market outlook, both qualitative and quantitative.

Regional segmentation and analysis to understand growth patterns:

The market has been segmented in major regions to understand the global development and demand patterns of this market

This study segments the GMO testing market by region for North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East and the Rest of the World. During the forecast period, North America, Asia Pacific, and Western Europe are expected to be important regions for the GMO testing industry.

Despite technological advances in the food & agricultural sector, North America and Western Europe were among the main regions. It is projected that the use of the latest technologies in agricultural activities and the existing processed food market would drive demand for the GMO testing market in those regions. In addition, some of the major companies operating in this market are headquartered in these regions.

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During the forecast period, Asia Pacific is expected to be one of the fastest-growing markets for GMO research. The food & agriculture industry is one of the region's biggest contributors to the economies.
Furthermore, government initiatives to encourage technological advances in this area are also one of the key factors for the development of the demand for GMO research. During the forecast period, the Middle East and the Rest of the World are projected as emerging regions for the GMO testing industry.

Market Segmentation:

By Technology:
o Polymerase Chain Reaction (PCR)
o Immunoassay

By Trait:
o Stacked
o Herbicide Tolerance
o Insect Resistance

By Crop Tested:
o Potato
o Corn
o Soy
o Cotton
o Sugar Beet
o Others

By Processed Food Tested:
o Food Additives
o Confectionery & Bakery
o Meat & Meat Products
o Snacks and Breakfast Cereals
o Others

By Region:

North America
o By Country (US, Canada, Mexico)
o By Technology
o By Trait
o By Crop Tested
o By Processed Food Tested

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Technology
o By Trait
o By Crop Tested
o By Processed Food Tested

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Technology
o By Trait
o By Crop Tested
o By Processed Food Tested

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Technology
o By Trait
o By Crop Tested
o By Processed Food Tested

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Technology
o By Trait
o By Crop Tested
o By Processed Food Tested

Rest of the World
o By Region (South America, Africa)
o By Technology
o By Trait
o By Crop Tested
o By Processed Food Tested

Reasons to buy this report:

o Market size estimation of GMO testing market on a regional and global basis

o The unique research design for market size estimation and forecasts

o Profiling of the major companies operating in the market with key developments

o 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:

o By segment
o By sub-segment
o By region/ country

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109,
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:

QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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