Global Meat Speciation Testing Market is projected to grow at a significant CAGR from 2017 to 2025
The increase in cases of food adulteration, stringent regulations by regulatory bodies, consumer demand for food testing and safe products, religious beliefs, among others are promoting the growth of the Global Meat Speciation Testing Market. The meat speciation testing market report based on species has been segmented into Bos Taurus, Sus Scrofa, Gallus Gallus, Equus Caballus and Ovis Aries, which are scientific names for cow, swine, chicken, house, sheep and others. Lack of technology & infrastructure, and deficiency of food control systems & resources in developing countries are the major restraint for the Global Meat Speciation Testing market.
The market research report is designed to provide a complete view on the global Meat Speciation Testing market. The market study has been categorised into qualitative and quantitative insights over the forecast period (2017-2025). The demand and supply matrix section falls under the qualitative information category wherein the market dynamics for Meat Speciation Testing market has been studied considering a short term forecast of the factors/ variables which have an impact on Meat Speciation Testing market. The market segments and their respective estimates & forecasts has been covered under the quantitative information category. Regional estimates and forecasts & market trend analysis for each country and region is also available in the study. The report concludes by providing the competitor analysis of the major market participants which are profiled by analysing their organic & inorganic growth strategies, regional presence, and product portfolio among others.
Stringent food laws, Consumer awareness, rampant expansion of population and demand for food among others are the major factors influencing the growth for meat speciation testing market.
Study Technique: Global Meat Speciation Testing Market
The global Meat Speciation Testing market has been studied from the year 2016 till 2025. However, the CAGR provided in the business research report is from the year 2017 to 2025. The market research method involved three stages: Desk research, Primary survey research, and Analysis & Output from the entire research process. The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the industry analysis, industry trends, market analysis, market trends, market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Meat Speciation Testing market. The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, VPs, CEOs, COOs, financial consultants, business consultants, strategy consultants, project management consultants, business management consultants, distributors, and end-use product manufacturers. Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, demand forecasting, market share analysis, SWOT analysis of the company’s manufacturing Meat Speciation Testing, and customer analytics.
Global Meat Speciation Testing Market Segmentation
Based of technology, the Global Meat Speciation Testing Market is segmented into Polymerase Chain Reaction (PCR), Enzyme-Linked Immunosorbent Assay (ELISA), Other Molecular-Diagnostic Tests (LC-MS/MS). The PCR segment captures the majority of the market share due to its automatic testing procedure which provides speedy results and quickens the decision making process. By form, the global meat speciation testing market is segmented into raw, cooked and processed. The raw segment is the largest and fastest growing. Increasing demand for domestic and international consumption of raw meat is the influencing the demand.
End-User Landscape (Consumer Profile): Meat Speciation Testing Market
Companies such as the Eurofins Scientific SE, ALS Limited, LGC Science Group Ltd., VWR International LLC, and Neogen Corporation, among others are investing extensively in the manufacturing and sale of Meat Speciation Testing, which presents a huge opportunity to Meat Speciation Testing suppliers. The report provides a detailed list of end-users operating across the world. The end-user landscape includes consumer contact details, geographical presence, revenue, product portfolio, organic, and inorganic growth strategies among others.
Eurofins Scientific SE, ALS Limited, LGC Science Group Ltd., VWR International LLC, Neogen Corporation, and International Laboratory Services Ltd., among others account for the major share in Meat Speciation Testing market. Companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. The other companies profiled in the report include: Genetic ID NA Inc., AB Sciex LLC, Scientific Analysis Laboratories Ltd., and Geneius Laboratories Ltd.
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