img

Global GMO Testing Market Size By Testing Type, By Technology Used, By Application, By Geographic Scope And Forecast


Published on: 2024-08-02 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global GMO Testing Market Size By Testing Type, By Technology Used, By Application, By Geographic Scope And Forecast

GMO Testing Market Size And Forecast

GMO Testing Market size was valued at USD 2.43 Billion in 2023 and is projected to reach USD 4.52 Billion by 2030, growing at a CAGR of 8.05% during the forecast period 2024-2031.

Global GMO Testing Market Drivers

The market drivers for the GMO Testing Market can be influenced by various factors. These may include

  • Regulatory Compliance Businesses are required to do genetically modified organism (GMO) testing to ensure compliance with strict rules and labeling requirements pertaining to genetically modified organisms (GMOs) in food and agricultural products. The need for GMO testing services and solutions is driven by this regulatory pressure.
  • increasing public awareness of genetically modified organisms (GMOs) and their possible effects on health and the environment has resulted in an increasing need for accurate information about the GMO content of food and agricultural goods, as well as clear labeling. Companies are encouraged by this demand to spend money on GMO testing in order to give customers the knowledge they need.
  • Growth of GMO Crop Production The market for GMO testing is growing as a result of the extensive use of GMO crops in agriculture, particularly those that are modified for features like pest resistance, herbicide tolerance, and enhanced nutritional profiles. The necessity for testing to ensure that GMOs are present and that rules are being followed is growing along with the production of GMO crops.
  • Global commerce of GMO Products To guarantee compliance with import and export laws, the globalization of food supply chains and the international commerce of agricultural commodities require stringent GMO testing. The need for GMO testing services is fueled by the need for testing to confirm the GMO status of goods being sold between nations and areas with varying GMO policies.
  • Technological breakthroughs in Testing The accuracy, sensitivity, and efficiency of GMO detection have been improved by technological breakthroughs in GMO testing procedures, including as polymerase chain reaction (PCR), immunoassays, and next-generation sequencing (NGS). These technological advancements improve testing capacities and shorten turnaround times, which propel market growth.
  • Growing Adoption of Biotechnology in Agriculture The necessity for GMO testing is driven by the continuous use of genetic engineering and biotechnology in agriculture to create new crop varieties with desired qualities. The need for testing to guarantee the safety and legal compliance of genetically modified crops and goods is growing along with the applications of biotechnology.
  • Risk management and food safety Growing worries about allergenicity, unforeseen health impacts, and food safety related to genetically modified organisms highlight the significance of thorough testing and risk assessment. As part of their risk management plans, governments, food producers, and regulatory bodies spend money on GMO testing to guarantee food safety and safeguard the general public’s health.
  • Research and Development Initiatives The market is growing as a result of research and development projects that attempt to improve testing accuracy, advance GMO detection techniques, and broaden the uses of GMO testing. Research groups, business participants, and academic institutions working together spur innovation in GMO testing methods and technology.

Global GMO Testing Market Restraints

Several factors can act as restraints or challenges for the GMO Testing Market. These may include

  • Regulatory Compliance Adherence to rules governing GMO labeling and testing specifications can impose a substantial burden. The complexity and cost of conducting GMO testing might be increased by strict regulatory requirements and frequent changes in rules across different areas or countries.
  • High Cost of Testing Testing for genetically modified organisms (GMOs) frequently necessitates the use of specialist techniques and expensive laboratory equipment. This could hinder the adoption of GMO testing by smaller businesses or farmers, which would limit market expansion.
  • Limited Education and Awareness The expansion of the market may be hampered by stakeholders’ and consumers’ ignorance of GMOs and the significance of GMO testing. To boost the uptake of GMO testing procedures, outreach and education initiatives could be required.
  • technological Difficulties Accuracy, sensitivity, and specificity are a few of the technological difficulties that GMO testing procedures may encounter. Growth in the business may be hampered by the complexity and time required to develop and validate trustworthy testing techniques for identifying GMOs in a variety of matrices (such as crops and food products).
  • Industry Opposition Some sectors of the food and agriculture sectors may be against GMO testing because they fear higher expenses, possible supply chain interruptions, or unfavorable views regarding GMO labeling. Adoption of GMO testing procedures may be slowed down by opposition from industry interests.
  • trading Barriers International trading of goods containing genetically modified organisms is hampered by the broad variations in trade barriers and legislation around GMOs among nations. Variations in national GMO testing regulations and standards can limit market expansion and raise exporters’ compliance expenses.
  • Customer Perception How consumers view genetically modified organisms (GMOs) can affect how much demand there is for GMO testing services and goods. The need for GMO testing may decline as a result of false information or unfavorable opinions concerning GMOs, especially in some markets or customer groups.
  • Alternative Testing Technologies Developments in analytical techniques and biotechnology could result in the creation of alternative testing technologies that rival current GMO testing procedures. The market expansion for current GMO testing techniques may be constrained by the adoption of alternative technologies.
  • Intellectual Property Issues Patent conflicts, proprietary testing platforms, licensing agreements, and intellectual property rights pertaining to GMO technologies and testing procedures may present difficulties for market participants. These problems may affect GMO testing innovation and market competition.

Global GMO Testing Market Segmentation Analysis

The Global GMO Testing Market is Segmented on the basis of Testing Type, Technology Used, Application, And Geography.

GMO Testing Market, By Testing Type

  • Polymerase Chain Reaction (PCR) Testing PCR-based methods detect the presence of specific DNA sequences characteristic of genetically modified organisms (GMOs). This sub-segment includes quantitative PCR (qPCR) and qualitative PCR assays.
  • Immunoassay Testing Immunoassay techniques, such as enzyme-linked immunosorbent assay (ELISA), detect the presence of GMO proteins or antigens in food and agricultural samples.
  • Chromatography Testing Chromatographic methods, including high-performance liquid chromatography (HPLC) and gas chromatography (GC), separate and quantify GMO-related compounds, such as proteins, metabolites, and toxins.
  • Next-Generation Sequencing (NGS) Testing NGS technologies analyze the entire DNA sequence of a sample, enabling comprehensive detection and characterization of GMOs, including untargeted screening and identification of unknown GMOs.
  • Other Testing Methods This category encompasses alternative or emerging GMO testing methods, such as biosensors, microarrays, and mass spectrometry, which offer unique advantages in terms of sensitivity, specificity, and throughput.

GMO Testing Market, By Technology Used

  • Conventional Testing Methods Conventional GMO testing methods include PCR, immunoassays, and chromatography techniques that have been established and widely used in the industry.
  • Advanced Molecular Biology Techniques Advanced molecular biology tools, such as digital PCR (dPCR), loop-mediated isothermal amplification (LAMP), and CRISPR-based assays, offer enhanced sensitivity, specificity, and speed of detection.
  • High-Throughput Screening Platforms Automated and high-throughput GMO testing platforms streamline sample processing and analysis, allowing for rapid and efficient screening of large sample volumes.
  • Bioinformatics and Data Analysis Tools Bioinformatics software and data analysis tools facilitate the interpretation and management of large-scale genomic data generated by NGS and other high-throughput testing methods.

GMO Testing Market, By Application

  • Food Safety and Quality Testing GMO testing is employed to verify compliance with regulations, assess the presence of GMOs in food products, and ensure food safety and quality standards are met.
  • Seed Purity and Certification Seed companies and agricultural organizations use GMO testing to certify seed purity, validate breeding programs, and ensure the authenticity of non-GMO and organic seeds.
  • Environmental Monitoring GMO testing is applied in environmental monitoring programs to detect and assess the presence of genetically modified organisms in ecosystems, agricultural fields, and biodiversity hotspots.
  • Animal Feed Testing GMO testing is conducted on animal feed ingredients to ensure compliance with regulations, assess potential risks to animal health, and maintain the integrity of non-GMO and organic feed formulations.

GMO Testing Market, By Geography

  • North America Market conditions and demand in the United States, Canada, and Mexico.
  • Europe Analysis of the GMO TESTING MARKET in European countries.
  • Asia-Pacific Focusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and Africa Examining market dynamics in the Middle East and African regions.
  • Latin America Covering market trends and developments in countries across Latin America.

Key Players

The major players in the GMO Testing Market are

  • Thermo Fisher Scientific
  • SGS
  • Bureau Veritas
  • Intertek Group
  • Eurofins Scientific
  • TÜV SÜD
  • Mérieux NutriSciences
  • Bio-Rad Laboratories
  • ALS Limited

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2020-2031

BASE YEAR

2023

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Thermo Fisher Scientific, SGS, Bureau Veritas, Intertek Group, Eurofins Scientific, Mérieux NutriSciences, Bio-Rad Laboratories, ALS Limited.

SEGMENTS COVERED

By Testing Type, By Technology Used, By Application, And By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Top Trending Reports

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any  please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )