Growing consumption of meat is projected to drive the Meat Speciation Analysis Market

The research report "Meat Speciation Analysis Market: By Form (Cooked, Raw, Processed), By Technology (Molecular diagnostic technique, Enzyme-linked immune sorbent assay technique (ELISA), Polymerase chain reaction technique (PCR)), By Species (Chicken, Pig, Turkey, Sheep, Cow, Horse, Goat), and Geography - Global/Region/Country Forecast to 2028." The global meat speciation analysis market size was valued USD 2.1 Bn in 2021, growing at a CAGR rate of 9.8% during the assessment period 2022-2028.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on "Meat Speciation Analysis Market: By Form (Cooked, Raw, Processed), By Technology (Molecular diagnostic technique, Enzyme-linked immune sorbent assay technique (ELISA), Polymerase chain reaction technique (PCR)), By Species (Chicken, Pig, Turkey, Sheep, Cow, Horse, Goat), and Geography - Global/Region/Country Forecast to 2028."

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Increase in the population pool is expected to boost the Meat Speciation Analysis Market
Meat speciation will be carried out for cooked, raw eat and processed products. Meat speciation analyzing systems examine the claims that are made by the product labels to identify the authenticity of the meat and its products to assure the safety of the customers. Food fraud in the food and meat industry and increase in the scandals of meat adulteration are anticipated to fuel the demand for meat analysis. There are a few leading strategies followed by the market players such as clinical attempts, investments in R&D, inclination towards innovative technologies and novel product developments for the purpose of obtaining leverage in meat speciation analysis market. For example, International Laboratory Services Ltd was obtained by Eurofins in 2016 to reinforce its product portfolio and expand its presence in the UK.

Reports over 7.3 percent of food adulteration cases are falling under the meat and its products category according to the database of economically motivated adulteration (EMA) incidents. Moreover, increasing population pool, growing R&D testing methods, increase in the domestic income, growing consumption of meat and fast growth of urbanization are the factors anticipated to fuel the meat speciation analysis market growth. However, limited consciousness in underdeveloped economies and lack of sophisticated infrastructure is anticipated to hamper the meat speciation analysis market.

Europe accounted for major share in the Meat Speciation Analysis Market:
Europe is leading the Meat speciation analysis market due to the increasing trade of meat, growing consciousness amid the customers and strict rules about foods and their safety. North America witnesses high share in meat speciation market because of high share in the packaged food industry and increase in the consumption of meat and its products. Asia Pacific region is expected to account for major revenue share in the meat speciation analysis market because of the growing consciousness regarding health amid the customers, improving safety standards of food, stable GDP in the region and growing demand for the meat products.

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Competitive Analysis - Meat Speciation Analysis Market:
There are a few major players operating in the meat speciation analysis market which include Eurofins Scientific SE (Luxemburg), 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) and ALS Limited (Australia). These players focus on adopting key strategies to retain their position in the market.

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