GMO Testing Market Trends and Growth, Segmentation and Prominent Competitors Analysis By 2031

The GMO Testing Market Size was valued at $3.9 billion in 2021, and is estimated to reach $6.2 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.North America was the highest revenue contributor, accounting for $1,558.5 million in 2021, and is estimated to reach $2,120.1 million by 2031, with a CAGR of 3.3%.

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The GMO testing market refers to the market for testing genetically modified organisms (GMOs) in food, feed, and other products. GMO testing is important to ensure the safety and quality of these products and to meet regulatory requirements in many countries.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

The players included in the GMO testing market analysis have adopted various developmental strategies, including but not limited to product launches, geographical expansion, and acquisitions to increase their GMO Testing Market Share, gain profitability, and remain competitive in the market. The key players included in the market analysis are ALS Limited, Bio-Rad Laboratories, Inc., EnviroLogix Inc., Eurofins Scientific, Institut Merieux, Intertek Group plc, Koninklijke DSM N.V., LGC Limited, Mérieux NutriSciences, Microbac Laboratories, Inc., Premier Analytics Services, R-Biopharm AG, SGS SA, Thermo Fisher Scientific Inc., and TUV SUD AG.

In recent years, the demand for GMO testing has been increasing due to several factors. One of the main drivers of demand is the growing consumer awareness and concern about the use of GMOs in food and other products. Many consumers are seeking non-GMO products, and retailers and manufacturers are responding by labeling their products as non-GMO and conducting GMO testing to verify the claims.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (250 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) 𝐚𝐭: https://www.alliedmarketresearch.com/checkout-final/14d5b6d6d2ac0ec119f064fb83dc027f

𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲

Depending on the technology, the polymerase chain reaction segment dominated the global market in the year 2021 and is likely to remain dominant during the GMO Testing Market Forecast period.

As per crop type, the soy segment dominated the global market in the year 2021 and is likely to remain dominant during the forecast period.

By traits, the herbicide tolerance segment dominated the global GMO Testing Market in the year 2021 and is likely to remain dominant during the forecast period.

Region-wise, North America dominated the global market in the year 2021 and is likely to remain dominant during the forecast period.

GMO testing gives farmers detailed information about the integrity and composition of crops, which is essential for tracking and buying seeds. GMO testing is essential for grain handlers and mills to separate grain meant for different end users. GMO testing thereby enables grain growers, suppliers, and consumers to make knowledgeable decisions regarding their crops and how they use them. Thus, this is likely to bring GMO Testing Market Opportunities.

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