Global Processed Meat Speciation Testing Market, By Species (Cow (Bos Taurus), Swine (Sus Scrofa), Chicken (Gallus Gallus), Horse (Equus Caballus), Sheep (Ovis Aries), Others Species), Technology (Polymerase Chain Reaction (PCR), Enzyme-Linked Immunosorbent Assay (ELISA), Other Molecular-Diagnostic Tests (LC-MS/MS)), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Processed meat speciation testing market is expected to reach USD 3.30 billion by 2028 growing at a growth rate of 7.90% in the forecast period 2021 to 2028. Increasing number of adulteration and food fraud cases which will likely to act as a factor for the processed meat speciation testing market in the forecast period of 2021- 2028.
Meat speciation is carried out for both cooked and raw meat products. Food label statements are checked by meat speciation test systems in order to verify the authenticity of meat and meat products, thus ensuring the protection of customers. With the increasing amount of meat consumers across the globe coupled with the contemporary scandals arising from the mislabelling of meat products has increased the demand for the meat speciation testing.
Increasing prevalence of stringent regulation and consumer demand for certified products, rising need of compliance with labelling laws, religious beliefs drive demand for speciation testing, rising health concern among the consumers and high demand for packaged meat, increasing consumer awareness about the meat products quality, growing urbanization, rising disposable incomes, changing preferences of the consumers regarding food habits are some of the major as well as vital factors which will likely to augment the growth of the processed meat speciation testing market in the projected timeframe of 2021-2028. On the other hand, growing number of technological advancements along with development of detection based DNA-based detection methods mainly to identify and quantify meat species and other ingredients which will further contribute by generating massive opportunities that will lead to the growth of the processed meat speciation testing market in the above mentioned projected timeframe.
Lack of food control systems, technology along with lack of harmonization of food safety standards which will likely to act as market restraints factor for the growth of the processed meat speciation testing in the above mentioned projected timeframe. Time consumed in certification procedures along with gaps in supply chain for meat certification which will become the biggest and foremost challenge for the growth of the market.
This processed 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 localised 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 processed 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.
Global Processed Meat Speciation Testing Market Scope and Market Size
Processed meat speciation testing market is segmented on the basis of species and technology. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of species, the processed meat speciation testing market is segmented into cow (bos taurus), swine (sus scrofa), chicken (gallus gallus), horse (equus caballus), sheep (ovis aries), and others species.
- Based on technology, the processed meat speciation testing market is segmented into polymerase chain reaction (PCR), enzyme-linked immunosorbent assay (ELISA), and other molecular-diagnostic tests (LC-MS/MS).
Processed Meat Speciation Testing Market Country Level Analysis
Processed meat speciation testing market is analysed and market size, volume information is provided by country, species and technology as referenced above.
The countries covered in the processed meat speciation testing market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Europe dominates the processed meat speciation testing market due to the rising demand for meat and meat products, stringent regulations, and high health consciousness among the consumer in the region while Asia-Pacific region will expect to grow in the forecast period 2021 to 2028 because of growing urbanization, rising disposable incomes of the people along with changing preferences of the consumers regarding food habits in the region.
The country section of the processed meat speciation testing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Processed Meat Speciation Testing Market Share Analysis
Processed 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 processed meat speciation testing market.
The major players covered in the processed meat speciation testing report are Eurofins China; ALS Laboratories (UK) Limited; NEOGEN Corporation.; LGC Limited; International Laboratory Services; DH Tech. Dev. Pte. Ltd.; SYNLAB; VWR International LLC; Food and Drug Administration (FDA); United States Department of Agriculture (USDA); FoodChain ID Group Inc.; Bio-Check (UK) Ltd.; PerkinElmer Inc.; Intertek Group plc; Chemik Chemicals; Romer Labs Division Holding GmbH; Life Technologies India Private Limited; Thermo Fisher Scientific Inc.; Merck KGaA; 3M; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.