Global Meat Testing market is valued approximately at USD 7.87 billion in 2018 and is anticipated to grow with a growth rate of more than 7.50% over the forecast period 2019-2026. Meat testing is a process that helps in identifying the contamination on the surface of the tool and the meat through the help of testing. The tests are performed to improve the quality of product and safety of meat. Growing international trade of meat products, rising meat & sea food consumption, rising cases of meat adulteration and growth in the number of outbreaks due to contaminated meat are the factors driving the growth of market over the forecast years. Whereas, requirement of high capital investment and complexity of testing technique are the factors hampering the growth of market over the forecast years. However, emerging economies to offer high growth opportunities, launch of advanced technology and expansion in service portfolio for meat & sea food testing are the lucrative opportunity for the growth of market in the upcoming years. For instance: as per the Organization for Economic Co-operation and Development, Global meat production is expected to rise with a growth rate of 16% till 2025 from the base year 2018. Thus, rise in meat production fuels the growth of market in upcoming years.
The regional analysis of global Meat Testing market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America Accounts for the largest share in the global Meat testing market due to the increased awareness of safe food production among consumers and rise in number of meat production recalls and stringent food safety regulation in the region. Whereas, Asia Pacific Accounts is the fastest growing region in the global meat testing market due to the rise in meat production and consumption in the developing economies such as India and China.
Market player included in this report are:
SGS Group
Eurofins
Intertek
ALS Limited
TUV SUD
Bureau Veritas
Microbac Laboratories, Inc.
Genetic ID
Romer Labs
LGC Limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Target Tested:
Pathogens
Species
Allergens
Heavy Metals
Others
By Sample Type:
Meat
Sea food
By Technology:
Traditional testing
Rapid testing
By Form:
Raw Meat
Processed Meat
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Meat Testing Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Summary:
Get latest Market Research Reports on Meat Testing. Industry analysis & Market Report on Meat Testing is a syndicated market report, published as Global Meat Testing Market to reach USD 14.04 billion by 2026. It is complete Research Study and Industry Analysis of Meat Testing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.