The Infinium Global Research analyzes the Meat Testing Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global meat testing market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of meat testing. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the meat-testing market during the period.
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Startp Firm LexaGene Launched a New Testing Technology to Detect a Broad Spectrum of Pathogen in Less Cost and Less Time
February 2019 A new start-up firm “LexaGene” launched new testing technology, which is capable to identify a broad spectrum of pathogens in less time and cost-effective way. This technology provides result in one hour and is capable to test six samples simultaneously with a high degree of specification. This technology is expected to save heavy financial loss, owing to the wrong food or wrong food ingredient, on the government exchequer.
Continuous Growing Incidence of the Meat Adulteration Incidence is Helping to Grow the Demand of the Meat Testing Market
The continuous growing incidence of the meat adulteration incidence is helping to grow the demand of the meat testing market. Further growing awareness about the side effects of eating the adulterated meat on the health is causing financial loss to several companies, who are not engaged in such dubious work also. Hence, they are adopting the pro-consumer attitude and every year trying to update their meat tasting standard and getting certified by the third party for their work. This is helping to boost their own brand image also. This factor is helping to grow the market in a positive direction. However, the cost factor of different type of meat testing equipment and lack of awareness about the different type of meat testing procedure is restricting the growth of the market.
Global Meat-testing Market: Segmentation
The global Meat-testing market is segmented on the basis of target tested, sample type, technology, and form. On the basis of target tested, the sub-markets include pathogens, species, gmos, allergens, mycotoxins, heavy metals, veterinary drug residues, and other target tests. On the basis of sample type, the sub-markets include meat, and seafood. On the basis of technology, the sub-markets include traditional testing, and rapid testing. On the basis of form, the sub-markets include raw meat, and processed meat.
North America is the Largest Market of the Meat Testing Market
Geographically, the Meat-testing market is divided into the four regions namely, the North America, Europe, the Asia-Pacific, and RoW. The North America is the largest market of the meat testing market, owing to the presence of the several food safety measures and stringent penalty and compensation provision by the government in this region. Europe is the second-largest market of the meat testing market after the North America. The Asia-Pacific is expected to grow at the highest CAGR during the forecasted period, owing to the growing demand of the different type of the meat-based ingredient among the youth and middle-class consumers in this region.
Global Meat-testing Market: Competitive Analysis
The global Meat-testing market comprises several players, some of few profiled companies in this report are LGC Group, Romer Labs Inc., Genetic ID Inc., Microbac Laboratories, Inc., AsureQuality Limited, Bureau Veritas S. A., TÜV SÜD, Mérieux NutriSciences, ALS Limited, and Intertek Group plc, among others.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the meat-testing.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.