Meat Testing Market to Showcase Continued Growth in the Coming Years

The global meat testing market is estimated at USD 7.94 billion in 2018 and is projected to reach a value of USD 11.48 billion by 2023, growing at a CAGR of 7.7%. The key players profiled have a strong presence in the global meat testing market; these include SGS (Switzerland), Bureau Veritas (France), Intertek (UK), Eurofins (Luxembourg), and TUV SUD (Germany).

 

 

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The key market players adopted various growth strategies such as acquisitions, expansions & investments, partnerships, and new service launches to cater to the increasing demand for meat testing services and expand their business. The companies in this market focus on increasing their R&D expenditure to develop new meat testing technologies that provide quick and accurate results; companies also focus on expanding their service facilities by increasing their geographic presence.

 

Several key players in this market adopted acquisitions, which help to increase their presence and increase their market share in the meat testing market. Companies are expanding and investing in new technologies to create new techniques for getting better results for a sample test for different species. Companies such as SGS (Switzerland), Eurofins (Luxembourg), and Intertek (UK) are expanding their service facilities by acquiring other companies. Companies such as Mérieux NutriSciences (US) are expanding its operations in France by opening a food chemistry laboratory; this enhanced the company’s business network in France.

 

SGS (Switzerland) has been one of the major players in the global meat testing market. It offers meat testing services in Europe, the Middle East, Asia, and the Americas. In April 2018, SGS acquired Oleotest NV (Belgium), a chemical testing services provider for food and feed. This acquisition would enable the expansion in a complementary segment for chemical analyses, which would strengthen the company’s leading position for food (meat) and life sciences in Belgium. In December 2016, SGS acquired 70% stake in Biopremier (Portugal), a company which specializes in DNA sequencing services for the meat sector.

 

Eurofins (Luxembourg) strengthened its position in the meat testing market, mainly through expansions. It capitalizes on its portfolio of 130,000 reliable analytical methods that allow it to offer services that characterize the safety and authenticity of products and biological substances. In December 2016, Eurofins expanded its network by widening its geographic presence in Asia. It developed a new team which is in operation in the Philippines. This expansion is strategized to cover the markets of Vietnam, Indonesia, and the Philippines.

 

Bureau Veritas (France) focuses on developing its network through strategic acquisitions. The company has a broad service portfolio for various technologies such as ICP-MS and PCR in the meat testing market. Bureau Veritas (France), in March 2017, acquired Schutter Group B.V. (Netherlands), a leading TIC service provider for food & agri commodities. This acquisition strengthens its business network in Europe, South America, and Asia.

 

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North America is estimated to be the largest market for meat testing in 2018. This is due to the increased awareness of safe food products among consumers, the growing number of meat product recalls, and stringent food safety regulations in the region. The US is one of the largest meat consuming countries, with stringent regulations to keep a check on the quality of meat products. This leads to the growth of the meat testing services industry; more the production of meat, the more testing will be required.

Sustainable Growth Opportunities in the Meat Testing Market

The report "Meat Testing Market by Target Tested (Pathogen, Species, Allergen, GMO, Mycotoxin, Heavy Metal, Veterinary Drug Residue), Sample (Meat and Seafood), Technology (PCR, Immunoassay, Chromatography, Spectroscopy), and Region - Global Forecast to 2023", The meat testing market is anticipated to reach a value of USD 11.48 billion by 2023, at a CAGR of 7.7%. Growth in the international trade of meat and seafood creates the need for global mandates and regulations on food safety, which is a significant factor that drives the market for meat & seafood testing. Additionally, globalization has a major impact on the global meat supply and has increased the import & export of meat, poultry, and seafood products worldwide. This has increased the risk of unsafe or contaminated products reaching consumers in distant markets, which, in turn, creates a demand for meat testing across the world.

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In terms of target tested, the pathogens testing segment is estimated to account for the largest share of the meat testing market in 2018.

 

On the basis of target tested, the pathogen testing segment is estimated to hold the largest share of the meat testing market in 2018. The level of contamination is at its peak during packaging and processing and due to improper storage practices, such as non-maintenance of a suitable temperature. Highly occurring pathogens in meat & seafood include E. coli, Salmonella, Campylobacter, Shigella, Vibrio, and many others.

 

Meat testing by PCR technology is estimated to hold the largest market share in 2018.

 

On the basis of technology, PCR accounted for the largest share of the market in 2018, followed by immunoassay. An advantage of PCR technology is its automated approach to testing, which provides quick results and aids the decision-making process for product recalls. Besides quick results, this technology can detect contamination at a level of 0.1%.

 

On the basis of sample type, poultry meat is estimated to hold the largest market share in 2018.

 

On the basis of sample type, poultry meat is estimated to account for the largest market share in 2018. The poultry meat sector provides ready-to-eat products, which should be safe for the consumer and have a long shelf life; thus, ensuring the microbial safety of poultry carcasses and cuts is an important issue. The demand for poultry meat is high as there is no religious barrier is eating poultry meat; also, poultry meat is healthier than red meat. Due to these reasons, the production of the poultry meat products is increasing, and therefore, it is vital to ensure the microbial safety of poultry meat products in the context of increasing consumption and production.

 

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North America is estimated to dominate the meat testing market in 2018.

 

North America is estimated to be the largest market for meat testing in 2018. This is due to the increased awareness of safe food products among consumers, the growing number of meat product recalls, and stringent food safety regulations in the region. The US is one of the largest meat consuming countries, with stringent regulations to keep a check on the quality of meat products. This leads to the growth of the meat testing services industry; more the production of meat, the more testing will be required.

 

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as SGS (Switzerland), Eurofins (Luxemburg), Bureau Veritas (France), Intertek (UK), TUV SUD (Germany), ALS (Australia), Mérieux NutriSciences (US), AsureQuality (New Zealand), Romer Labs (Austria), LGC Limited (UK), Genetic ID (US), and Microbac Laboratories (US).

Meat Testing Market Projected to Garner Significant Revenues by 2023

The report "Meat Testing Market by Target Tested (Pathogen, Species, Allergen, GMO, Mycotoxin, Heavy Metal, Veterinary Drug Residue), Sample (Meat and Seafood), Technology (PCR, Immunoassay, Chromatography, Spectroscopy), and Region - Global Forecast to 2023", The meat testing market is anticipated to reach a value of USD 11.48 billion by 2023, at a CAGR of 7.7%. Growth in the international trade of meat and seafood creates the need for global mandates and regulations on food safety, which is a significant factor that drives the market for meat & seafood testing. Additionally, globalization has a major impact on the global meat supply and has increased the import & export of meat, poultry, and seafood products worldwide. This has increased the risk of unsafe or contaminated products reaching consumers in distant markets, which, in turn, creates a demand for meat testing across the world.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=60189057

In terms of target tested, the pathogens testing segment is estimated to account for the largest share of the meat testing market in 2018.

On the basis of target tested, the pathogen testing segment is estimated to hold the largest share of the meat testing market in 2018. The level of contamination is at its peak during packaging and processing and due to improper storage practices, such as non-maintenance of a suitable temperature. Highly occurring pathogens in meat & seafood include E. coli, Salmonella, Campylobacter, Shigella, Vibrio, and many others.

Meat testing by PCR technology is estimated to hold the largest market share in 2018.

On the basis of technology, PCR accounted for the largest share of the market in 2018, followed by immunoassay. An advantage of PCR technology is its automated approach to testing, which provides quick results and aids the decision-making process for product recalls. Besides quick results, this technology can detect contamination at a level of 0.1%.

On the basis of sample type, poultry meat is estimated to hold the largest market share in 2018.

On the basis of sample type, poultry meat is estimated to account for the largest market share in 2018. The poultry meat sector provides ready-to-eat products, which should be safe for the consumer and have a long shelf life; thus, ensuring the microbial safety of poultry carcasses and cuts is an important issue. The demand for poultry meat is high as there is no religious barrier is eating poultry meat; also, poultry meat is healthier than red meat. Due to these reasons, the production of the poultry meat products is increasing, and therefore, it is vital to ensure the microbial safety of poultry meat products in the context of increasing consumption and production.

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North America is estimated to dominate the meat testing market in 2018.

North America is estimated to be the largest market for meat testing in 2018. This is due to the increased awareness of safe food products among consumers, the growing number of meat product recalls, and stringent food safety regulations in the region. The US is one of the largest meat consuming countries, with stringent regulations to keep a check on the quality of meat products. This leads to the growth of the meat testing services industry; more the production of meat, the more testing will be required.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as SGS (Switzerland), Eurofins (Luxemburg), Bureau Veritas (France), Intertek (UK), TUV SUD (Germany), ALS (Australia), Mérieux NutriSciences (US), AsureQuality (New Zealand), Romer Labs (Austria), LGC Limited (UK), Genetic ID (US), and Microbac Laboratories (US).

Meat Testing Market Growth Opportunities by 2023

The report "Meat Testing Market by Target Tested (Pathogen, Species, Allergen, GMO, Mycotoxin, Heavy Metal, Veterinary Drug Residue), Sample (Meat and Seafood), Technology (PCR, Immunoassay, Chromatography, Spectroscopy), and Region - Global Forecast to 2023", The meat testing market is anticipated to reach a value of USD 11.48 billion by 2023, at a CAGR of 7.7%. Growth in the international trade of meat and seafood creates the need for global mandates and regulations on food safety, which is a significant factor that drives the market for meat & seafood testing. Additionally, globalization has a major impact on the global meat supply and has increased the import & export of meat, poultry, and seafood products worldwide. This has increased the risk of unsafe or contaminated products reaching consumers in distant markets, which, in turn, creates a demand for meat testing across the world.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=60189057

In terms of target tested, the pathogens testing segment is estimated to account for the largest share of the meat testing market in 2018.

On the basis of target tested, the pathogen testing segment is estimated to hold the largest share of the meat testing market in 2018. The level of contamination is at its peak during packaging and processing and due to improper storage practices, such as non-maintenance of a suitable temperature. Highly occurring pathogens in meat & seafood include E. coli, Salmonella, Campylobacter, Shigella, Vibrio, and many others.

Meat testing by PCR technology is estimated to hold the largest market share in 2018.

On the basis of technology, PCR accounted for the largest share of the market in 2018, followed by immunoassay. An advantage of PCR technology is its automated approach to testing, which provides quick results and aids the decision-making process for product recalls. Besides quick results, this technology can detect contamination at a level of 0.1%.

On the basis of sample type, poultry meat is estimated to hold the largest market share in 2018.

On the basis of sample type, poultry meat is estimated to account for the largest market share in 2018. The poultry meat sector provides ready-to-eat products, which should be safe for the consumer and have a long shelf life; thus, ensuring the microbial safety of poultry carcasses and cuts is an important issue. The demand for poultry meat is high as there is no religious barrier is eating poultry meat; also, poultry meat is healthier than red meat. Due to these reasons, the production of the poultry meat products is increasing, and therefore, it is vital to ensure the microbial safety of poultry meat products in the context of increasing consumption and production.

Request for Customization @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=60189057

North America is estimated to dominate the meat testing market in 2018.

North America is estimated to be the largest market for meat testing in 2018. This is due to the increased awareness of safe food products among consumers, the growing number of meat product recalls, and stringent food safety regulations in the region. The US is one of the largest meat consuming countries, with stringent regulations to keep a check on the quality of meat products. This leads to the growth of the meat testing services industry; more the production of meat, the more testing will be required.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as SGS (Switzerland), Eurofins (Luxemburg), Bureau Veritas (France), Intertek (UK), TUV SUD (Germany), ALS (Australia), Mérieux NutriSciences (US), AsureQuality (New Zealand), Romer Labs (Austria), LGC Limited (UK), Genetic ID (US), and Microbac Laboratories (US).

Upcoming Growth Trends in the Meat Testing Market

The report "Meat Testing Market by Target Tested (Pathogen, Species, Allergen, GMO, Mycotoxin, Heavy Metal, Veterinary Drug Residue), Sample (Meat and Seafood), Technology (PCR, Immunoassay, Chromatography, Spectroscopy), and Region - Global Forecast to 2023", The meat testing market is estimated at USD 7.94 billion in 2018 and is projected to reach a value of USD 11.48 billion by 2023, at a CAGR of 7.7%. Growth in the international trade of meat and seafood creates the need for global mandates and regulations on food safety, which is a significant factor that drives the market for meat & seafood testing. Additionally, globalization has a major impact on the global meat supply and has increased the import & export of meat, poultry, and seafood products worldwide. This has increased the risk of unsafe or contaminated products reaching consumers in distant markets, which, in turn, creates a demand for meat testing across the world.

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On the basis of target tested, the pathogen testing segment accounted for the largest share, followed by the species identification segment, in 2018. Improper storage of raw meat can cause pathogen contamination in raw meat; also, cross-contamination leads to the contamination of meat & seafood by foreign particles, which leads to food recalls. Additionally, due to the complex process and supply chain, concerns about cross contamination during storage, transportation, handling, and repacking are rising. This gives rise to food safety and standard issues with respect to contaminants and undeclared species that may be life-threatening to consumers. This is driving the market for species identification testing.

The meat testing market, on the basis of sample type, is segmented into pigmeat, poultry, sheep & goat, beef, and seafood. Poultry meat accounted for the largest market share in 2018, followed by pigmeat. The poultry segment in the meat testing market includes meat from various breeds of hen, ducks, turkeys, quails, and pheasants. The consumption of poultry meat is increasing worldwide as there are more ready-to-eat products available in the market containing poultry meat as compared to other meat; hence, consumer concerns regarding the safety of poultry meat products are rising.

On the basis of technology, PCR technology accounted for the largest share in 2018, followed by immunoassay testing technologies. The benefit of PCR technology is its automated approach to testing that provides quick results. Thus, it is used widely for the detection of unidentified species.

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North America is estimated to be the largest market for meat testing in 2018. This is due to the increased awareness of safe food products among consumers, the growing number of meat product recalls, and stringent food safety regulations in the region. The US is one of the largest meat consuming countries, with stringent regulations to keep a check on the quality of meat products. This leads to the growth of the meat testing services industry; more the production of meat, the more testing will be required.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as SGS (Switzerland), Eurofins (Luxemburg), Bureau Veritas (France), Intertek (UK), TUV SUD (Germany), ALS (Australia), Mérieux NutriSciences (US), AsureQuality (New Zealand), Romer Labs (Austria), LGC Limited (UK), Genetic ID (US), and Microbac Laboratories (US).

Targeted Audience:

• Regulatory and research organizations
• Meat testing service providers
• Meat product producers, suppliers, distributors, and retailers
• Meat testing kit or equipment manufacturers, traders, distributors, and dealers

Upcoming Growth Trends in the Meat Testing Market

The report "Meat Testing Market by Target Tested (Pathogen, Species, Allergen, GMO, Mycotoxin, Heavy Metal, Veterinary Drug Residue), Sample (Meat and Seafood), Technology (PCR, Immunoassay, Chromatography, Spectroscopy), and Region - Global Forecast to 2023", The meat testing market is estimated at USD 7.94 billion in 2018 and is projected to reach a value of USD 11.48 billion by 2023, at a CAGR of 7.7%. Growth in the international trade of meat and seafood creates the need for global mandates and regulations on food safety, which is a significant factor that drives the market for meat & seafood testing. Additionally, globalization has a major impact on the global meat supply and has increased the import & export of meat, poultry, and seafood products worldwide. This has increased the risk of unsafe or contaminated products reaching consumers in distant markets, which, in turn, creates a demand for meat testing across the world.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=60189057

On the basis of target tested, the pathogen testing segment accounted for the largest share, followed by the species identification segment, in 2018. Improper storage of raw meat can cause pathogen contamination in raw meat; also, cross-contamination leads to the contamination of meat & seafood by foreign particles, which leads to food recalls. Additionally, due to the complex process and supply chain, concerns about cross contamination during storage, transportation, handling, and repacking are rising. This gives rise to food safety and standard issues with respect to contaminants and undeclared species that may be life-threatening to consumers. This is driving the market for species identification testing.

The meat testing market, on the basis of sample type, is segmented into pigmeat, poultry, sheep & goat, beef, and seafood. Poultry meat accounted for the largest market share in 2018, followed by pigmeat. The poultry segment in the meat testing market includes meat from various breeds of hen, ducks, turkeys, quails, and pheasants. The consumption of poultry meat is increasing worldwide as there are more ready-to-eat products available in the market containing poultry meat as compared to other meat; hence, consumer concerns regarding the safety of poultry meat products are rising.

On the basis of technology, PCR technology accounted for the largest share in 2018, followed by immunoassay testing technologies. The benefit of PCR technology is its automated approach to testing that provides quick results. Thus, it is used widely for the detection of unidentified species.

Request for Customization: 

https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=60189057

North America is estimated to be the largest market for meat testing in 2018. This is due to the increased awareness of safe food products among consumers, the growing number of meat product recalls, and stringent food safety regulations in the region. The US is one of the largest meat consuming countries, with stringent regulations to keep a check on the quality of meat products. This leads to the growth of the meat testing services industry; more the production of meat, the more testing will be required.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as SGS (Switzerland), Eurofins (Luxemburg), Bureau Veritas (France), Intertek (UK), TUV SUD (Germany), ALS (Australia), Mérieux NutriSciences (US), AsureQuality (New Zealand), Romer Labs (Austria), LGC Limited (UK), Genetic ID (US), and Microbac Laboratories (US).

Targeted Audience:

• Regulatory and research organizations
• Meat testing service providers
• Meat product producers, suppliers, distributors, and retailers
• Meat testing kit or equipment manufacturers, traders, distributors, and dealers