$11.48 Billion Meat Testing Market by Target Tested, Sample, Technology, and Region - Global Forecast to 2023

Dublin, Nov. 27, 2018 (GLOBE NEWSWIRE) -- The "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" report has been added to ResearchAndMarkets.com's offering.

The meat testing market is estimated at USD 7.94 billion in 2018 and is projected to reach USD 11.48 billion by 2023. It is projected to grow at a CAGR of 7.7% during the study period.

The market is primarily driven by trends such as growth in consumer awareness regarding food safety and diseases caused by consuming contaminated meat products. Another growth factor is the stringent regulations made by various government bodies, to be followed by meat and meat product producers.

Factors such as the unorganized supply chain and distribution channel in the meat processing factor restrain the growth of the meat & seafood testing market to some extent.

The species identification segment is projected to grow at the highest rate during the forecast period.

On the basis of target tested, the species identification segment is projected to grow at the highest CAGR. The demand for meat authenticity is increasing gradually. The concerns about adulteration have been growing since the 2013 horse meat scandal. These incidences fuel the growth of the species identification segment.

Beef is projected to be the fastest-growing segment during the forecast period.

Based on the sample type, the beef segment is projected to be the fastest-growing during the forecast period. Beef includes the meat of cow, buffalo, ox, and calf. Food fraud incidences such as the 2013 horsemeat scandal in Europe have increased the significance of beef testing to ensure the safety of beef products.

On the basis of technology, PCR testing is projected to grow at the highest rate during the forecast period.

Based on technology, PCR testing is the fastest-growing segment. PCR is the dominant meat & seafood testing technology as the test results are quick as compared to other technologies; this aids the decision-making process for product recalls, further distribution of products, and other related strategies of stakeholders.

Asia Pacific is projected to register the highest growth rate during the forecast period.

Asia Pacific is projected to be the fastest-growing market between 2018 and 2023. Improvements in the food export & import industry have presented new opportunities for the meat industry leading to the growth of the meat testing market in this region. China has been a potential meat-importing & exporting country; it is, hence, a key market for testing services.

The key players profiled in this report are as follows:

• SGS (Switzerland)
• Intertek (UK)
• Eurofins (Luxembourg)
• TV SD (Germany)
• ALS Limited (Australia)
• Mrieux NutriSciences (US)
• LGC Limited (UK)
• AsureQuality (New Zealand)
• Microbac Laboratories (US)
• Romer lab (Austria)
• Genetic ID (US)
• Bureau Veritas (France)
  

Key Topics Covered:

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Periodization Considered
1.5 Currency Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Research Limitations
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Opportunities in the Meat & Seafood Testing Market
4.2 Meat & Seafood Testing Market: Key Country/Region
4.3 Meat & Seafood Testing Market, By Rapid Technology & Region
4.4 Developed vs Developing Markets for Meat & Seafood Testing in Food
4.5 Meat & Seafood Testing Market, By Target Tested & Region
4.6 Meat & Seafood Testing Market, By Sample Type
4.7 North America: Meat Testing Market, By Meat Sample Type & Country, 2017

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing International Trade of Meat Products
5.2.1.1.1 Cross Contamination Due to Gaps in Supply Chain
5.2.1.2 Increasing Meat & Seafood Consumption
5.2.1.2.1 Consumer Demand for Processed Meat
5.2.1.3 Increasing Cases of Meat Adulteration
5.2.1.3.1 Growing Demand for Religious Food Certifications
5.2.1.3.2 Growing Number of Product Recalls
5.2.1.4 Stringent Regulations Across Various Countries to Ensure Meat Safety
5.2.1.4.1 Suppliers' Need to Comply With Labeling & Certification Mandates
5.2.1.5 Increase in the Number of Outbreaks Due to Contaminated Meat
5.2.1.5.1 Contamination Leading to Meat Poisoning
5.2.2 Restraints
5.2.2.1 High Capital Investment
5.2.2.1.1 Increasing Product Cost Attributed to the High Testing Cost
5.2.2.2 Complexity of Testing Techniques
5.2.2.2.1 Varying Test Results With Different Test Methods
5.2.2.3 Unorganized Supply Chain & Distribution Channels in Meat Processing Sector
5.2.3 Opportunities
5.2.3.1 Emerging Economies to Offer High Growth Opportunities
5.2.3.2 Launch of Advanced Technologies
5.2.3.2.1 Upgradation of New Technologies By Service Providers
5.2.3.2.2 Increase in R&D Activities
5.2.3.2.3 Development in Rapid Testing Technologies for Low Turnaround Time
5.2.3.2.4 Multi-Contaminant Detection Systems
5.2.3.3 Expansions in Service Portfolio for Meat & Seafood Testing
5.2.3.3.1 Organic Meat
5.2.3.3.2 Cultured Meat
5.2.3.4 Growing Consumer Awareness About Safety of Food Products
5.2.3.4.1 Food Authentication to Promote the Need for Meat & Seafood Testing
5.2.4 Challenges
5.2.4.1 Lack of Food Control Infrastructure & Resources in Developing Countries
5.2.4.2 Consumer Inclination Towards Meat Substitutes
5.2.4.3 Difficulty in Sample Collection

6 Regulations
6.1 Introduction
6.2 International Body for Food Safety Standards and Regulations
6.2.1 Codex Alimentarius Commission (CAC)
6.3 North America
6.3.1 US Regulations
6.3.1.1 Haccp Regulation in the Us
6.3.1.2 US Regulation for Foodborne Pathogens in Poultry
6.3.1.3 GMOS Regulation in the Us
6.3.1.4 Fda Food Safety Modernization Act (FSMA)
6.3.2 Canada
6.3.3 Mexico
6.4 Europe
6.4.1 European Union Regulations
6.4.1.1 Dioxin and Pbcs
6.4.1.2 Mycotoxin Regulation
6.4.1.3 Polycyclic Aromatic Hydrocarbons (PAH)
6.4.2 Germany
6.4.3 UK
6.4.4 France
6.4.5 Italy
6.5 Asia Pacific
6.5.1 China
6.5.1.1 The Regulating Bodies for Food Safety in China Are:
6.5.1.2 Major Efforts of China Have Been to Standardize Its Food Safety System, Which Includes:
6.5.2 Japan
6.5.3 India
6.5.4 Australia
6.5.5 New Zealand
6.5.6 Indonesia
6.5.7 Regulations on Mycotoxins in Food
6.5.8 Allergen: Regulation on Allergen Labeling in Food

7 Meat Testing Market, By Target Tested
7.1 Introduction
7.2 Pathogens
7.3 Species
7.4 GMOS
7.5 Allergens
7.6 Mycotoxins
7.7 Heavy Metals
7.8 Veterinary Drug Residues
7.9 Others

8 Meat Testing Market, By Sample Type
8.1 Introduction
8.2 Meat
8.2.1 Poultry
8.2.2 Pork
8.2.3 Beef
8.2.4 Sheep & Goat Meat
8.2.5 Other Meat
8.3 Seafood

9 Meat Testing Market, By Technology
9.1 Introduction
9.2 Traditional Testing
9.2.1 Agar Culture
9.3 Rapid Testing
9.3.1 Immunoassay
9.3.2 PCR
9.3.3 Chromatography
9.3.3.1 Lc-Ms
9.3.3.2 Gc-Ms
9.3.3.3 Lc-Ms/Ms
9.3.4 Spectroscopy
9.3.4.1 ICP-OES
9.3.4.2 ICP-Ms
9.3.4.3 Atomic Absorption Spectroscopy (AAS)

10 Meat Testing Market, By Form
10.1 Introduction
10.2 Raw Meat
10.3 Processed Meat

11 Meat Testing Market, By Region
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Russia
11.3.5 Italy
11.3.6 Spain
11.3.7 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 Australia & New Zealand
11.4.5 Malaysia
11.4.6 Rest of Asia Pacific
11.5 Rest of the World (RoW)
11.5.1 South America
11.5.2 Middle East
11.5.3 Africa

12 Competitive Landscape
12.1 Overview
12.2 Market Ranking
12.3 Competitive Scenario
12.3.1 Acquisitions
12.3.2 Expansions and Investments
12.3.3 New Service Launches
12.3.4 Agreements, Collaborations, Joint Ventures, and Partnerships

13 Company Profiles
13.1 SGS
13.2 Eurofins
13.3 Intertek
13.4 ALS Limited
13.5 Mrieux Nutrisciences
13.6 TUV SUD
13.7 Bureau Veritas
13.8 Asurequality
13.9 Microbac Laboratories
13.10 Genetic ID
13.11 Romer Labs
13.12 LGC Limited

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