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Global Meat Speciation Testing Market – Industry Trends and Forecast to 2029

Food & Beverage

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Global Meat Speciation Testing Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Aug 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Meat Speciation Testing Market, By Form (Raw, Cooked, Processed), Technology (PCR, ELISA, Molecular Diagnostic), Species (Bos Taurus, Sus Scrofa, Gallus Gallus, Equus Caballus, Ovis Aries, Others) – Industry Trends and Forecast to 2029.

Meat Speciation Testing Market

Meat Speciation Testing Market Analysis and Size

The increased malpractices and fraudulent incidents involving meat and meat products has resulted in the high need for meat speciation testing. Furthermore, rising consumer awareness of safety and quality, as well as increasingly stringent regulations and effective supply chain monitoring, are fuelling the growth of the meat specification testing market.

Data Bridge Market Research analyses that the meat speciation testing market was valued at 2.06 billion in 2021 is expected to reach the value of USD 4.07 billion by 2029, at aw CAGR of 8.90% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Meat Speciation Testing Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Form (Raw, Cooked, Processed), Technology (PCR, ELISA, Molecular Diagnostic), Species (Bos Taurus, Sus Scrofa, Gallus Gallus, Equus Caballus, Ovis Aries, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

SGS (Switzerland), Bureau Veritas (France), Eurofins (Luxembourg), Intertek (U.K.), Mérieux NutriSciences (U.S.), ALS Limited (Australia), Neogen (U.S.) AsureQuality (New Zealand), Charm Sciences (U.S.), Premier Analytical Services (U.K.), Dairyland Laboratories (U.S.), Bio-Check (U.K.), AES Laboratories (India), IEH Laboratories and Consulting Group (U.S.), Envirologix Inc. (U.S.), EMSL Analytical, Inc. (U.S.), and Krishgen Biosystems (U.S.)

Opportunities

  • Increasing food trade across the borders of emerging markets
  • The rising number of food-borne illnesses as well as poor sanitation and processing conditions in factories
  • Authorization of authorities to prohibit the import and supply of contaminated food and enforce food recalls

Market Definition

Meat speciation testing is for identification of animal species for a variety of reasons, including ethnic, economic, and safety concerns. Meat speciation testing is done using a variety of products, including qualitative PCR analysis techniques, ELISA (Enzyme Linked Immunosorbent Assay), and others. These methods are used to identify the animal species in cooked and raw products across a variety of food and feed matrices.

Meat Speciation Testing Market Dynamics

Drivers

  • Growing need for food safety measures and rise in demand for packaged food

The global meat speciation testing market is expanding due to rising consumer health concerns and high demand for packaged meat. To meet regulatory requirements, meat product manufacturers are investing in research and development. The global meat speciation testing market is being driven by the implementation of stringent food safety regulations, advancements in testing technologies, and international trade of food materials.

  • Rapid advancements in the detection methods

Furthermore, advancements in DNA-based detection methods for quantifying and identifying meat species and other meat ingredients in products are the primary drivers driving the meat speciation testing market. Numerous species-specific testing methods are available to detect various meat types such as pork, turkey, beef, lamb, and chicken. The poultry segment's rapid growth is expected to boost demand in the forecast period of 2022-2029.

Opportunity

Increasing food trade across emerging market borders broadens the market's potential for growth. The rising number of food-borne illnesses, as well as poor sanitation and processing conditions in a few countries, necessitate the need for food meat speciation testing. The implementation of regulations in emerging economies that have entered the food trade, as well as authority to prohibit the import and supply of contaminated food and enforce food recalls, are expected to increase demand for testing services in these regions.

Restraints

The lack of modernization in technology, as well as a lack of organisation and sophistication in the food systems of developing regions, will be the restraints for the individual meat speciation testing market during the forecast period.

This meat speciation testing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the meat speciation testing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Meat Speciation Testing Market

The food processing industry has been devastated by COVID-19. Social distancing rules, labour shortages due to movement restrictions, and lockdown measures to contain the virus's spread have all had an impact on food companies in this industry. Furthermore, regional governments' actions have limited the number of people working in small areas, stifling the food industry's growth.

Recent Development

  • SGS announced the expansion of its new food microbiological testing lab in Fairfield, New Jersey, USA, in October 2019. The 2,000-square-foot microbiological testing facility employs an information technology platform to provide a wide range of testing services to food producers, manufacturers, and suppliers across all food categories.
  • SGS announced the expansion of its new food microbiological testing lab in Carson, California, in March 2019. The microbiological testing facility is 2,400 square feet in size. This expansion aims to broaden the company's geographical coverage as well as its global network of agriculture and food labs.

 Global Meat Speciation Testing Market Scope

The meat speciation testing market is segmented on the basis of form, technology and species. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Form

  • Raw
  • Cooked
  • Processed

Technology

  • PCR
  • ELISA
  • Molecular Diagnostic

Species

  • Bos Taurus
  • Sus Scrofa
  • Gallus Gallus
  • Equus Caballus
  • Ovis Aries
  • Others

Meat Speciation Testing Market Regional Analysis/Insights

The meat speciation testing market is analysed and market size insights and trends are provided by country, form, technology and species as referenced above.

The countries covered in the meat speciation testing market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

European region is expected to dominate the meat speciation testing market. Europe dominated the global market because of numerous incidents of meat adulteration in European countries.  Asia-Pacific region is expected to be the fastest growing in the market. China dominates the meat speciation market in the Asia-Pacific region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Meat Speciation Testing Market Share Analysis

The meat speciation testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to meat speciation testing market.

Some of the major players operating in the meat speciation testing market are:

  • SGS (Switzerland)
  • Bureau Veritas (France)
  • Eurofins (Luxembourg)
  • Intertek (U.K.)
  • Mérieux NutriSciences (U.S.)
  • ALS Limited (Australia)
  • Neogen (U.S.)
  • AsureQuality (New Zealand)
  • Charm Sciences (U.S.)
  • Premier Analytical Services (U.K.)
  • Dairyland Laboratories (U.S.)
  • Bio-Check (U.K.)
  • AES Laboratories (India)
  • IEH Laboratories and Consulting Group (U.S.)
  • Envirologix Inc. (U.S.)
  • EMSL Analytical, Inc. (U.S.)
  • Krishgen Biosystems (U.S.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The Meat Speciation Testing Market value is expected USD 4.07 billion by 2029.
The Meat Speciation Testing Market is to grow at a CAGR of 8.90% during the forecast by 2029.
The major players operating in the Meat Speciation Testing Market are SGS (Switzerland), Bureau Veritas (France), Eurofins (Luxembourg), Intertek (U.K.), Mérieux NutriSciences (U.S.), ALS Limited (Australia), Neogen (U.S.) AsureQuality (New Zealand), Charm Sciences (U.S.), Premier Analytical Services (U.K.), Dairyland Laboratories (U.S.), Bio-Check (U.K.), AES Laboratories (India), IEH Laboratories and Consulting Group (U.S.), Envirologix Inc. (U.S.), EMSL Analytical, Inc. (U.S.), and Krishgen Biosystems (U.S.).
The major countries covered in the Meat Speciation Testing Market are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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