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GMO Testing Market Report 2022: Size, Share, Growth, Trends, Industry Analysis, Technology, Segmentation And Forecast To 2031
GMO Testing Market
The regions covered in the GMO testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions
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The GMO testing market consists of sales of GMO testing technologies by entities (organizations, sole traders, and partnerships) that can be used to detect genetically modified organisms in food or feed. GMO testing qualifies and quantifies genetically modified organisms present in the food or feed samples to meet the appropriate national and international controls, performs independent verification to trade in confidence with countries specifying GMO-free products and prevents cross-contamination throughout the supply chain.
Key competitors in the GMO testing market include Thermo Fisher Scientific, SGS S.A., Bureau Veritas SA, Intertek Group Plc., Eurofins Scientific SE, TÜV SÜD AG, Merieux Nutrisciences Corporation, Bio-Rad Laboratories Inc., ALS Limited, Romer Labs Diagnostic, Microbac Laboratories, AsureQuality Limited, OMIC USA Inc., Monsanto, EMSL Analytical Inc., and FoodChain ID Inc
The global GMO testing market is expected to grow from $1.85 billion in 2021 to $2.08 billion in 2022 at a compound annual growth rate (CAGR) of 12.3%. The growth in the GMO testing market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The GMO testing market is expected to reach $2.91 billion in 2026 at a CAGR of 8.7%.
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TBRC's report segments the global GMO testing market:
1) By Trait: Stacked, Herbicide Tolerance, Insect Resistance
2) By Technology: Polymerase Chain Reaction (PCR), Immunoassay
3) By Processed Food Types: Bakery and confectionery, Meat products, Breakfast cereals and snacks, Food additives, Others
4) By Crop Tested: Corn, Soybean, Rapeseed Or Canola, Potato, Others
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The Table of Contents includes:
1. Executive Summary
2. GMO Testing Market Characteristics
3. GMO Testing Market Trends And Strategies
4. Impact Of COVID-19 On GMO Testing
5. GMO Testing Market Size And Growth
.....
26. Africa GMO Testing Market
27. GMO Testing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The GMO Testing Market
29. GMO Testing Market Future Outlook and Potential Analysis
30. Appendix
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