GMO Testing Market Growing at 3.3% CAGR to Hit USD $6.2 Billion by 2031| Koninklijke DSM N.V., LGC Limited, Mérieux NutriSciences

The increasing adoption of genetically modified (GM) crops and the growing demand for non-GMO products drive the growth of the global GMO testing market. However, the lack of adequate knowledge & facility to maintain food safety standards restricts the market growth. Moreover, the adoption of instant test kits presents new opportunities in the coming years.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/request-sample/13921

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%.

𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

ALS Limited,
Institut Merieux,
Bio-Rad Laboratories, Inc.,
LGC Limited,
R-Biopharm AG,
Eurofins Scientific,
SGS SA,
Intertek Group plc,
Microbac Laboratories, Inc.,
OMIC USA Inc.,
EnviroLogix Inc.,
Koninklijke DSM N.V.,
Thermo Fisher Scientific Inc.,
Premier Foods plc,
TUV SUD AG
Overall, the GMO testing market is expected to continue to grow in the coming years, driven by consumer demand, regulatory requirements, and the growth of the organic and non-GMO market segments.

However, the GMO testing market faces certain challenges including a lack of standardized testing methods, lack of awareness, regulatory challenges, limited testing capacity, and resistance from the biotech industry. There is currently no universally accepted standard for GMO testing, which can lead to variability in results and create confusion among consumers and manufacturers.

𝐁𝐮𝐲 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/01ae30c728c5cf5fd767a5a54c1e5696

Based on technology, the PCR segment held the highest market share in 2021, accounting for more than half of the global GMO testing market, and is estimated to maintain its leadership status throughout the forecast period. PCR can be used to identify and quantify GMOs in a sample, as well as to confirm the absence of GMOs in a product labeled as non-GMO. The technique is highly sensitive and specific, allowing for the detection of even trace amounts of GMO DNA in a sample.

Biotechnologically altered food products are being sold in the market for many years. GMOs contained in human food or feed samples are identified and quantified using polymerase chain reaction (PCR) tests, which further provide the independent confirmation clients require to engage in risk-free trading.

Particularly in Europe, the public discussion about genetically modified crops and new genomic breeding technology is still debated. Opponents ignore current and future benefits in favor of concentrating exclusively on speculative hazards. The adoption of genetically modified crops results in increased agricultural yields, higher farm income, and, in some circumstances, lower chemical pesticide use. Further, specific genetically modified crop sprays encourage less tillage farming, which lowers GHG emissions and supports carbon absorption in the soil. Testing, monitoring, and labeling GMOs have significant economic value for businesses and consumers and agricultural groups.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 @: https://www.alliedmarketresearch.com/purchase-enquiry/13921

North America to maintain its dominance by 2031

Based on region, North America held the highest market share in terms of revenue in 2021, accounting for nearly two-fifths of the global GMO testing market, and is likely to dominate the market during the forecast period, due to the widespread use of genetically modified crops in the food industry. In North America, genetically modified crops such as soybeans, corn, and cotton are widely grown and used in many food and feed products. The demand for GMO testing in North America is driven by various factors, including regulatory requirements, consumer demand for non-GMO products, and the need for quality control in the food supply chain.

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.

𝐒𝐩𝐞𝐚𝐤 𝐓𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.alliedmarketresearch.com/connect-to-analyst/13921

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Portable Food Safety Detectors Market - https://www.alliedmarketresearch.com/portable-food-safety-detectors-market-A07067

Meat Processing Equipment Market - https://www.alliedmarketresearch.com/meat-processing-equipment-market

Food Packaging Equipment Market - https://www.alliedmarketresearch.com/food-packaging-equipment-market

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