Global Meat Speciation Testing Market is projected to reach 2,220.82 million by 2028 in value terms, growing at a CAGR of over 8% during 2023-2028. The major factors contributing in the growth of the market are growing number of consumers consuming meat, growing number of food fraud cases, religious beliefs and strict rules & regulations and increasing buyer demand for certified foods. Based on form, the market has been categorised into Raw, Cooked and Processed Meat. In 2022, the raw form is the largest segment as consumption of meat in raw form is very high. In 2022, Europe & CIS region accounted for the largest market share due to rising meat trade, growing awareness and stringent food safety laws. APAC is projected to be the fastest-growing market during the forecast period since the food security standards are getting stringent in the region to ensure safer supply of food.
Some of the leading players in the Global Meat Speciation Testing market are VWR International LLC, ALS Limited, Eurofins Scientific SE, International Laboratory Services Ltd., Genetic ID NA, Inc., Neogen Corporation, LGC Science Group Ltd., AB Sciex LLC, Scientific Analysis Laboratories Ltd. etc.
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Objective of the Study:
- To analyse and forecast the market size of global meat speciation testing market, in terms of value.
- To classify and forecast global meat speciation testing market based on species, technology, form and regional distribution.
- To identify drivers and challenges for global meat speciation testing market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global meat speciation testing market.
- To conduct the pricing analysis for global meat speciation testing market.
- To identify and analyse the profile of leading players involved in the manufacturing of global meat speciation testing market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration service providers across the globe.
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TechSci Research calculated the market size of global meat speciation testing market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Meat speciation testing service providers
- Meat processors
- Meat traders
- Research & development (R&D) institutions
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Global Meat Speciation Testing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Meat Speciation Testing Market, By Species:
- Global Meat Speciation Testing Market, By Technology:
- Polymerase Chain Reaction
- Enzyme-Linked Immunosorbent Assay
- Global Meat Speciation Testing Market, By Form:
- Processed Meat
- Global Meat Speciation Testing Market, by Region:
Company Profiles: Detailed analysis of the major companies present in Global Meat Speciation Testing market.
With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
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