Meat Testing Market To Significant Growth Foreseen By 2020 To 2026 | Mérieux NutriSciences; Genetic ID; SGS SA; AsureQuality; Intertek Group plc; TÜV SÜD; others
Global Meat Testing Market is expected to rise from its initial estimated value of USD 7.81 billion in 2018 to an estimated value of USD 14.63 billion by 2026, registering a CAGR of 8.15% in the forecast period of 2019-2026. This rise in market value can be attributed to the growing levels of trade and consumption of meat and seafood products.
The Meat Testing Market report provides estimations about the growth rate and the market value based on market dynamics and growth inducing factors. While preparing this Global Meat Testing market analysis report, few of the attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology.
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The well-established Key players in the market are: Mérieux NutriSciences; Genetic ID; SGS SA; AsureQuality; Intertek Group plc; TÜV SÜD; Microbac Laboratories, Inc.; Certified Laboratories, Inc.; LGC Limited; Symbio Laboratories; Romer Labs Division Holding GmbH; ALS Limited; Eurofins Scientific; Bureau Veritas and QIMA.
What ideas and concepts are covered in the report?
- The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.
- The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.
- Data regarding the Meat Testing Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.
Region-based analysis of the Meat Testing Industry market:
- The Meat Testing Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.
Unique structure of the report
Global Meat Testing Market By Sample Type (Meat, Seafood), Form (Processed Meat, Raw Meat), Target Tested (GMOs, Heavy Metals, Allergens, Pathogens, Species, Veterinary Drug Residues, Mycotoxins, Others), Testing Technology (Rapid Testing, Traditional Testing), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Key Developments in the Market:
In December 2018, Romer Labs Division Holding GmbH announced the inauguration of a new R&D center situated in Tulln, Austria. The new facility is expected to help the company provide unique and innovative quality testing and certifications for the food and feed market.
In July 2017, SGS SA announced the initiation of a new testing center situated in Moscow, Russia. The new facility is expected to help the company provide their operational capabilities and expand their operations.
Significant rise in levels of consumption of meat and seafood products and items
Rising concerns of contamination of meat and other products that has been a result of previous outbreaks related to meat contamination and food products
Resulting in increased product cost due to the high initial start-up cost and high testing cost
Variable test results of the same product with different methods of testing resulting in distrust on the results; this factor is expected to act as a restraint to the market growth
This report covers complete upcoming and present trends applicable to the market along with restrictions and drivers in the business development. It offers industry predictions for the forthcoming years. This research analyzes main markets and their sub-segments, evolving patterns and pressures on the industry, strategic perspectives and shifting situations of supply and demand, quantifies opportunities with the size of the market and forecasts the market, and monitors emerging developments/opportunities/challenges.
Increasing Disposable Income
Rising disposable income of the population is believed to positively impact the growth of the smart furniture over the forecast period. Further, changing lifestyle of the people such as increasing preference for smart furniture is anticipated to intensify the growth of global smart furniture market over the forecast period.
However, high cost of Meat Testing products is one of the key factors which are expected to limit the growth of global smart furniture market over the forecast period.
Some of the Major Highlights of TOC covers:
Meat Testing Industry Regional Market Analysis
- Meat Testing Industry Production by Regions
- Global Meat Testing Industry Production by Regions
- Global Meat Testing Industry Revenue by Regions
- Meat Testing Industry Consumption by Regions
Meat Testing Industry Segment Market Analysis (by Type)
- Global Meat Testing Industry Production by Type
- Global Meat Testing Industry Revenue by Type
- Meat Testing Industry Price by Type
Meat Testing Industry Segment Market Analysis (by Application)
- Global Meat Testing Industry Consumption by Application
- Global Meat Testing Industry Consumption Market Share by Application (2014-2019)
Meat Testing Industry Major Manufacturers Analysis
- Meat Testing Industry Production Sites and Area Served
- Product Introduction, Application and Specification
- Meat Testing Industry Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
- Main Business and Markets Served
At the Last, Meat Testing industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher's disclaimer.
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