Press release
GMO Testing Market Business Perspective, Opportunities 2022-2031 | Thermo Fisher Scientific, SGS S.A., Bureau Veritas SA, Intertek Group Plc., Eurofins Scientific SE
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%.The Business Research Company offers the GMO Testing Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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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.
Some key GMO Testing market players are 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 countries covered in the global GMO Testing market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global GMO Testing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
GMO Testing Market Segmentation:
By Trait
1.Stacked
2.Herbicide Tolerance
3.Insect Resistance
By Technology
1.Polymerase Chain Reaction (PCR)
2.Immunoassay
By Processed Food Types
1.Bakery and confectionery
2.Meat products
3.Breakfast cereals and snacks
4.Food additives
5.Others
By Crop Tested
1.Corn
2.Soybean
3.Rapeseed Or Canola
4.Potato
5.Others
See more on the report at https://www.thebusinessresearchcompany.com/report/gmo-testing-global-market-report
The Report's 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
This report covers the trends and market dynamics of the GMO Testing market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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