Global Meat Speciation Testing Service
Market Report
2024
the global meat speciation testing services market size was USD 2.2 billion in 2022 and will grow at a compound yearly growth rate (CAGR) of 3.50% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global meat speciation testing services market size was USD 2.2 billion in 2022 and will grow at a compound yearly growth rate (CAGR) of 3.50% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Meat Speciation Testing Service Market Sales Revenue 2022 | $ 2.2 Billion |
Global Meat Speciation Testing Service Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.5% |
Market Split by Species |
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Market Split by Form |
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Market Split by Technology |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Meat Speciation Testing Service Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The increase in misconduct and a number of deceptive related to meat and meat products has led to the rise of the market. The growing consumer awareness towards quality and safety, with increasingly strict rules and their effective monitoring of the supply chain, is boosting the market growth of meat speciation testing. Further, the religious concerns of the consumers push the demand for kosher and halal certifications and other related specification tests for meat and meat products.
In order to avoid adulterations and safety and health issues related to final products, the demand for meat speciation testing is growing.
For instance, a speedier test for testing between several types of meat in raw meat and ambient samples was developed by Neogen Corporation. After water extraction, the 'Reveal' test provides findings in five minutes after examining beef, horse, and poultry. The test can detect as low as 0.5% of target species in raw processed samples or raw meat. It can also be utilized with rinse water and environmental swabs.
(Source:www.feedstuffs.com/agribusiness-news/neogen-launches-quick-easy-tests-for-meat-speciation)
The growing cases of food fraud in the industry fuel the sales of meat-specific tests for detecting the quality of the meat. The public health meat products and industry reputation are mainly prone to fraudulent practices like mislabelled animals, which can be sold at inflated prices or under false pretenses.
Uncleared non-metal ingredients like a dairy filler of plant materials are also sometimes added, mainly to processed meat products, often leading to allergies from fraudulent filler materials containing soy, milk, gluten, and wheat.
This can make analysis difficult to determine the authenticity and origin of meat products; without proper tracking and documentation, the fraudsters can substitute or mislabel meat varieties, leading to unaccountability and lack of transparency in the supply chain, thus creating demand for meat speciation testing.
The unavailability of standardized test methods makes laboratories adopt their own meat-specific testing procedures and methods, leading to differences in test methods and giving inconsistent interpretations and results. The absence of consistency makes it arduous to validate and compare results throughout the laboratories, hampering uniformity and cooperation in practice. Thus, compromising the accuracy and the capability of the test results relies on it. Therefore, this factor is expected to impact the growth of the market of meat speciation testing services globally.
The meat supply globally has been disrupted by the outbreak because of lockdowns, temporary closure of meat processing plants, and travel restrictions. All these factors have impacted the distribution and availability of meat products, creating challenges in developing primary meat trials. The reduction in the sample sizes and alterations in the supply chain impacted the requirement for research work. More focus is placed on ensuring the authenticity and safety of meat products. The governmental short-term has implemented alterations in food safety legislation to address the challenges posed due to the pandemic.
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The market for meat speciation testing services market is becoming growingly crowded because more and more companies are entering the market. There are several factors have helped in increasing the demand for these services, including advances in technology and the rising consumer interest in safe and quality food products. Therefore, there has been an increase in companies providing a large range of meat speciation testing services.
May 2021: The acquisition of the independent contract testing laboratory Alliance Technical Laboratories (ATL) Ltd was announced by Eurofins Food and Water Testing UK & Ireland. This will improve the food, water, and feed testing service provider of the company in the South East and it is the part of its planned strategic growth agenda.
(Source:www.eurofins.ie/food-feed-testing/news/eurofins-acquires-alliance-technical-laboratories/)
October 2019: SGS announced the extension of its new food microbiological testing lab in Fairfield, New Jersey, USA. This microbiological testing facility employs an information technology platform to offer a large range of testing services to manufacturers, food producers and suppliers throughout the food categories.
(Source:www.newsfilecorp.com/release/49544/New-SGS-Food-Testing-Laboratory-Opens-in-New-Jersey-USA)
Top Companies Market Share in Meat Speciation Testing Service Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, Europe dominated the market in 2022 and accounted for the largest share of global revenue due to several variables. The European region dominates the market for meat speciation testing services. Europe has strict food laws, increased consumer awareness, and growing meat trade, and all these are boosting the meat speciation testing market in this region. The rising demand from consumers for certified products, perceived to be authentic and compliant with the Jewish and Islamic laws of kosher and halal, is boosting the market growth. The companies in this region are creating new technologies in order to test the authenticity of meat and to cater to the requirement of the consumers.
The strict rules and labelling standards in the food industry of UK mandates accurate product labelling and information disclosure, essential for consumer protection and maintaining trust in the food supply. The consumers here are becoming more conscious of the quality and origin of the food they consume. The concerns about food authenticity, sustainability drive and ethical sourcing demand for meat speciation testing in order to verify the accuracy of claims made on product labels.
The Asia Pacific region is foreseen to be the fastest growing. The growth is due to the rising consumption of meat products in the countries like China, India, and others. For instance, meat, inclusive of pork consumption by China, is about 30% of the world's as per the OECD data. Further, there is increasing demand for meat speciation testing as consumers are demanding more information about the source of their meats and assurance that they are not being misled by adulteration. The food service companies, supermarkets and other market players can no longer avoid this increasing trend towards greater transparency in labelling practices.
The current report Scope analyzes Meat Speciation Testing Service Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Meat Speciation Testing Service Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Meat Speciation Testing Service Industry growth. Meat Speciation Testing Service market has been segmented with the help of its Species, Form Technology, and others. Meat Speciation Testing Service market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the chicken segment growth is because of the increasing cost of chicken; different meat producers and processors are involved in deceitful business methods, inclusive of adulteration, the fraudulent replacement of chicken with pork, and contamination of other species. The market is anticipated to grow due to the various incidences of adulterated chicken flesh being discovered.
On the other hand, the swine segment is anticipated to be the fastest-growing segment because of the requirement for growing quality control for meat products due to the increase in the number of cases of mixing pig meat with horse and chicken meat.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Meat Speciation Testing Service Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the PCR segment dominates the market share as it provides rapid results and helps stakeholders in making decisions regarding product recalls. There is growing adoption of this method due to the drawbacks of the ELISA technology, where DNA analysis is conducted by technology for precise determination of the meat species in products even at 0.1% levels of detection.
The ELISA segment is expected to experience the fastest growth during the forecast period. The increasing applications of this technology, mainly for the speciation of horse flesh, are driving market growth. In addition, this technology identifies the animal species included in processed foods, bone meals, meat, canned and cooked meat, and meat products.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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The raw segment dominated the market of meat speciation testing services and is expected to continue the same throughout the forecast period due to the high domestic consumption of raw meat. Further, the meat speciation testing of raw meat products is important for authenticating the claims made on product labels and avoiding the chance of any fraudulent practice or adulteration.
Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Meat Speciation Testing Service Market is witnessing significant growth in the near future.
In 2023, the Cow (Bos Taurus) segment accounted for noticeable share of global Meat Speciation Testing Service Market and is projected to experience significant growth in the near future.
The Raw segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Eurofins , IEH Laboratories and Consulting Group and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Species | Cow (Bos Taurus), Swine (Sus Scrofa), Chicken (Gallus Gallus), Horse (Equus Caballus), Sheep (Ovis Aries), Others |
Form | Raw, Cooked, Processed |
Technology | PCR, ELISA, Others |
List of Competitors | Eurofins, Intertek, IEH Laboratories and Consulting Group, Envirologix Inc., Krishgen Biosystems, EMSL Analytical Inc, AES Laboratories, Premier Analytical Services, ALS Limited, AsureQuality, Rapid Test Methods Ltd, VWR International LLC, International Laboratory Services Ltd, Geneius Laboratories Ltd, Scientific Analysis Laboratories, AB Sciex LLC, LGC Science Group Ltd, Neogen Corporation, Genetic ID NA INC, BioCheck Inc. |
This chapter will help you gain GLOBAL Market Analysis of Meat Speciation Testing Service. Further deep in this chapter, you will be able to review Global Meat Speciation Testing Service Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Species Analysis 2019 -2031, will provide market size split by Species. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Species Analysis 2019 -2031
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Chapter 11 Market Split by Form Analysis 2019 -2031
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Chapter 12 Market Split by Technology Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Meat Speciation Testing Service market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Cow (Bos Taurus) have a significant impact on Meat Speciation Testing Service market? |
What are the key factors affecting the Cow (Bos Taurus) and Swine (Sus Scrofa) of Meat Speciation Testing Service Market? |
What is the CAGR/Growth Rate of Raw during the forecast period? |
By type, which segment accounted for largest share of the global Meat Speciation Testing Service Market? |
Which region is expected to dominate the global Meat Speciation Testing Service Market within the forecast period? |
Segmentation Level Customization |
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Company Level |
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Additional Quantitative Data |
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