Global Meat Speciation Testing Market - Growth, Trends, and Forecast (2020 - 2025)
|出版商||Mordor Intelligence LLP||商品編碼||572811|
|出版日期||內容資訊||英文 90 Pages
|肉種辨別檢驗的全球市場:成長、趨勢、預測 Global Meat Speciation Testing Market - Growth, Trends, and Forecast (2020 - 2025)|
|出版日期: 2020年04月01日||內容資訊: 英文 90 Pages||
The global meat specification testing market is projected to grow at a CAGR of 7.9% during the forecast period 2020 - 2025.
Increase in Meat Production
According to USDA, the production of pork worldwide amounted to about 114.59 million metric tons in 2019. The production is increasing owing to the demand for processed and packaged meat. With the rise in demand, the consumers are also aware of the adulteration practices and are concerned about the health and safety issues associated with the final products. The majority of the food adulteration cases fall under the meat and meat products category. Hence, to prevent such cases the demand for meat speciation testing is increasing as meat speciating testing systems verify the product labels and confirm the meat & meat products authenticity, ensuring the product safety to consumers Thus, meat product manufacturers are investing in research and development to meet the regulatory specification.
Europe Dominates the Market
Europe is presently the market leader in the global meat speciation testing market as the increase in stringent food laws, consumer awareness, and an upsurge in meat trade are the reasons which are driving the meat speciation testing market in Europe. Also, growing consumer demand for certified products, which are perceived to be authentic and compliant to Islam and Jewish laws for halal and kosher is another factor for the growing interest in meat speciation testing in Europe. Companies are developing new technologies to test the authenticity of meat and to cater to the needs of the consumers. For instance, In June 2015, Eurofins launched an innovative analytical method based on DNA chip technology, which enables simultaneous detection and identification of up to 21 animal species in feed and food products.
The global meat speciation testing market is consolidated and new service launches, expansions & investments, and acquisitions are the key strategies adopted by the players to ensure their growth in the market. There are prominent players in this industry such as VWR International, Eurofins, ALS Limited, Neogen and LGC Science among others.