Report Feature
The future of the GMO testing market looks promising with opportunities in the food industry. The global GMO testing market is expected to grow with a CAGR of 7%-9% from 2020 to 2025. The major drivers for this market are the increase in nutritional demand and rise in stringency in genetically modified food safety regulations.
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In this market, stacked is the largest trait segment of GMO testing, whereas development of potato is the largest crop tested. Growth in various segments of the GMO testing market are given below:
The study includes trends and forecast for the global GMO testing market by trait, technology, crop tested, processed food tested, and region as follows:
By Trait [Value ($ Million) shipment analysis for 2014 – 2025]:
- Stacked
- Herbicide Tolerance
- Insect Resistance
By Technology [Value ($ Million) shipment analysis for 2014 – 2025]:
- Polymerase Chain Reaction
- Immunoassay
By Crop Tested [Value ($ Million) shipment analysis for 2014 – 2025]:
- Corn
- Soy
- Rapeseed/Canola
- Potatoes
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Others
- Tomatoes
- Sugarbeets
- Rice
By Processed Food Tested [Value ($ Million) shipment analysis for 2014 – 2025]:
- Corn
- Soy
- Bakery & Confectionery
- Meat & Meat Products
- Breakfast Cereals & Snacks
- Food Additives
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Other Processed Food
-
Infant Food
-
Dairy Products
-
Processed Beverages
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By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
-
Europe
- United Kingdom
- Spain
- Germany
- France
-
Asia Pacific
- China
- India
- Japan
-
The Rest of the World
- Brazil
Some of the GMO testing companies profiled in this report include Thermo Fisher Scientific, Bio-Rad Laboratories, Mérieux NutriSciences Corporation, EMSL Analytical, Microbac Laboratories, Genetic ID NA, and OMIC USA.
Lucintel forecasts that stacked dwill remain the largest trait segment over the forecast period due to increase in R&D innovations and multiplicity of different traits in one crop or food.
Europe will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to stringent regulatory affairs for GMO testing and consumers’ disapproval towards GM foods.
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Features of the Global GMO Testing Market |
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This report answers following key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global GMO testing market by trait (stacked, herbicide tolerance, and insect resistance), technology (polymerase chain reaction and immunoassay), crop tested (corn, soy,rapeseed/canola, potatoes, and others (tomatoes, sugarbeets, and rice)), processed food tested (bakery & confectionery,meat & meat products, breakfast cereals & snacks, food additives, and other processed food (infant food, dairy products, and processed beverages)), and region (North America, Europe, Asia Pacific, and Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global GMO testing market? Q.5 What are the business risks and threats to the global GMO testing market? Q.6 What are the emerging trends in this GMO testing market and the reasons behind them? Q.7 What are some changing demands of customers in this GMO testing market? Q.8 What are the new developments in this GMO testing market? Which companies are leading these developments? Q.9 Who are the major players in this GMO testing market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in this GMO testing market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the global GMO testing market? |
Report Scope
| Key Features | Description |
| Base Year for Estimation | 2019 |
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Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | More than 150 |
| Market Representation / Units | Revenue in US $ Million |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | Trait (Stacked, Herbicide Tolerance, and Insect Resistance), Technology (Polymerase Chain Reaction and Immunoassay), Crop Tested (Corn, Soy,Rapeseed/Canola, Potatoes, And Others (Tomatoes, Sugarbeets, and Rice)), and Processed Food Tested (Bakery & Confectionery, Meat & Meat Products, Breakfast Cereals & Snacks, Food Additives, and Other Processed Food (Infant Food, Dairy Products, and Processed Beverages)) |
Regional Scope |
North America (USA, Mexico, and Canada), Europe (United Kingdom, Spain, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil) |
| Customization | 10% Customization without Any Additional Cost |
Table of Contents
1. Executive Summary
7.2 Emerging Trends in the Global GMO Testing Market
4.1 Global GMO Testing Market by Region
4.2.1 Market by Trait: Stacked, Herbicide Tolerance, and Insect Resistance
4.2.2 Market by Technology: Polymerase Chain Reaction and Immunoassay
4.2.3 Market by Crop Tested: Corn, Soy,Rapeseed/Canola, Potatoes, And Others (Tomatoes, Sugarbeets, and Rice)
4.2.4 Market by Processed Food Tested: Bakery & Confectionery, Meat & Meat Products, Breakfast Cereals & Snacks, Food Additives, and Other Processed Food (Infant Food, Dairy Products, and Processed Beverages)
4.2.5 The United States GMO Testing Market
4.2.6 The Canadian GMO Testing Market
4.2.7 The Mexican GMO Testing Market
4.3.1 Market by Trait: Stacked, Herbicide Tolerance, and Insect Resistance
4.3.2 Market by Technology: Polymerase Chain Reaction and Immunoassay
4.3.3 Market by Crop Tested: Corn, Soy,Rapeseed/Canola, Potatoes, And Others (Tomatoes, Sugarbeets, and Rice)
4.3.4 Market by Processed Food Tested: Bakery & Confectionery, Meat & Meat Products, Breakfast Cereals & Snacks, Food Additives, and Other Processed Food (Infant Food, Dairy Products, and Processed Beverages)
4.3.5 The United Kingdom GMO Testing Market
4.3.6 The Spanish GMO Testing Market
4.3.7 The German GMO Testing Market
4.3.8 The French GMO Testing Market
4.4.1 Market by Trait: Stacked, Herbicide Tolerance, and Insect Resistance
4.4.2 Market by Technology: Polymerase Chain Reaction and Immunoassay
4.4.3 Market by Crop Tested: Corn, Soy,Rapeseed/Canola, Potatoes, And Others (Tomatoes, Sugarbeets, and Rice)
4.4.4 Market by Processed Food Tested: Bakery & Confectionery, Meat & Meat Products, Breakfast Cereals & Snacks, Food Additives, and Other Processed Food (Infant Food, Dairy Products, and Processed Beverages)
4.4.5 The Chinese GMO Testing Market
4.4.6 The Indian GMO Testing Market
4.4.7 The Japanese GMO Testing Market
4.5.1 Market by Trait: Stacked, Herbicide Tolerance, and Insect Resistance
4.5.2 Market by Technology: Polymerase Chain Reaction and Immunoassay
4.5.3 Market by Crop Tested: Corn, Soy,Rapeseed/Canola, Potatoes, And Others (Tomatoes, Sugarbeets, and Rice)
4.5.3 Market by Processed Food Tested: Bakery & Confectionery, Meat & Meat Products, Breakfast Cereals & Snacks, Food Additives, and Other Processed Food (Infant Food, Dairy Products, and Processed Beverages)
4.5.4 Brazilian GMO Testing Market
7.1.1 Growth Opportunities for the Global GMO Testing Market by Trait
7.1.2 Growth Opportunities for the Global GMO Testing Market by Technology
7.1.3 Growth Opportunities for the Global GMO Testing Market by Crop Tested
7.1.4 Growth Opportunities for the Global GMO Testing Market by Processed Food Tested
7.1.5 Growth Opportunities for the Global GMO Testing Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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