Report Description

Forecast Period

2024-2028

Market Size (2022)

2.24 billion

CAGR (2023-2028)

7.49%

Fastest Growing Segment

Processed Food Segment

Largest Market

North America


Market Overview

Global Genetically Modified Food Safety Testing Market has valued at USD 2.24 billion in 2022 and is anticipated to witness an impressive growth in the forecast period with a CAGR of 7.49% through 2028.  Genetically Modified (GM) Food Safety Testing refers to a set of scientific and analytical techniques and processes used to evaluate the safety of foods and agricultural products that contain or may have met genetically modified organisms (GMOs). The primary goal of GM food safety testing is to assess the potential risks associated with the consumption of GM foods and to ensure that these products meet regulatory standards, are safe for human consumption, and do not harm the environment. A crucial aspect of GM food safety testing involves the detection and analysis of specific DNA sequences and proteins associated with genetically modified organisms. Various testing methods are used to identify and quantify these genetic elements. Common techniques include polymerase chain reaction (PCR), real-time PCR, and enzyme-linked immunosorbent assays (ELISA). Testing aims to determine whether the newly introduced genes in GM crops may produce allergens that could pose a risk to consumers. This involves assessing the genetic sequences for similarities to known allergenic proteins. Testing is often used to ensure that products are correctly labeled. In many regions, there are strict regulations governing the labeling of GM and non-GM products.

Growing consumer awareness of GM foods and their safety, as well as concerns about potential health and environmental risks, have prompted food producers to invest in rigorous testing to ensure transparency and safety, especially in response to consumer demands. Advances in biotechnology and analytical methods have improved the accuracy, efficiency, and cost-effectiveness of GM food safety testing. These technological advancements have made testing more accessible to a broader range of stakeholders. In regions where GM and non-GM crops are cultivated in proximity, the risk of cross-contamination is a concern. This necessitates testing to verify compliance with coexistence regulations and ensure product purity. Food manufacturers and producers seek to mitigate the risk of product recalls, legal issues, and reputational damage due to the presence of unapproved GM ingredients in their products. Comprehensive safety testing is a crucial risk management strategy.

Key Market Drivers

Technological Advancements

 Polymerase Chain Reaction (PCR) Techniques have seen continuous improvements, such as real-time PCR (qPCR) and multiplex PCR. These techniques allow for the rapid and accurate quantification of specific DNA sequences in GM organisms. Next-Generation Sequencing (NGS) technologies have revolutionized the analysis of genetic material in GM foods. They provide high-throughput sequencing, enabling comprehensive and detailed genetic analysis, including the identification of unknown or unexpected GM elements. Digital PCR (dPCR) is a highly sensitive technique for quantifying target DNA sequences. It offers greater precision and reliability in determining the presence and quantity of GM DNA in a sample. DNA microarrays are used to simultaneously detect multiple GM traits in a single sample. They allow for high-throughput analysis of genetic elements and can identify a wide range of GM components. These point-of-care tests use immunochromatographic techniques to quickly detect the presence of specific GM proteins in a sample. They are user-friendly and provide rapid results, making them suitable for on-site testing.

Mass spectrometry is used for the identification and quantification of proteins and peptides, including GM-specific proteins. It is particularly valuable in verifying protein-based GM traits. The CRISPR-Cas9 system can be used to detect and identify specific DNA sequences in GM organisms. It has the potential to offer high specificity and sensitivity in GM food testing. Advances in bioinformatics tools and databases enable the comparison of DNA sequences in food products with reference databases to identify GM components. These tools help in data analysis and interpretation. Nanotechnology-based approaches have been explored for GM food safety testing. Nanoscale materials and sensors can enhance the sensitivity and speed of detection. Automation of sample preparation, testing, and data analysis processes has improved the throughput and reproducibility of GM food safety testing. Robotics can handle high volumes of samples efficiently. Some companies have developed mobile applications and portable testing devices that allow field testing for GM ingredients. These tools simplify the testing process and provide quick results. Blockchain can be used to track and verify the origin and testing of GM ingredients in the food supply chain. It enhances transparency and traceability. AI and machine learning algorithms can analyze large datasets from GM food safety testing to identify patterns, anomalies, and potential risks. Crispr-BASED DETECTORS is adapted for specific detection of GM traits by targeting the associated genetic elements. CRISPR-Cas systems offer rapid, precise, and cost-effective testing methods. This factor will help in the development of the Global Genetically Modified Food Safety Testing Market.

Increasing Consumer Awareness and Concerns

 Consumers are increasingly interested in knowing what is in their food and how it is produced. They want transparency in labeling and information about whether a product contains GM ingredients. This demand for information drives the need for GM food safety testing to verify the accuracy of labels and claims. Many consumers have concerns about the potential health and safety risks associated with GM foods. They worry about allergenicity, unintended effects, and the long-term impact of consuming GM ingredients. Safety testing is crucial to address these concerns and provide scientific evidence regarding the safety of GM products. Consumers are also concerned about the environmental impact of GM crops, including issues related to biodiversity, pesticide use, and the development of herbicide-resistant weeds. Safety testing can assess the environmental safety of GM organisms and address these concerns. Some consumers actively seek out non-GMO or GM-free products. Food producers respond to this demand by labeling their products as such. To make these claims, they often conduct GM food safety testing to ensure that their products do not contain GM ingredients. Beyond health and safety, consumers have ethical and social concerns related to the control and ownership of GM seeds and the potential impact on traditional farming practices. These concerns drive the demand for safety testing to ensure that ethical and social values are upheld in the production of GM foods. Consumer advocacy groups and organizations have played a significant role in raising awareness about GM food safety issues. They often advocate for rigorous testing and labeling of GM products to empower consumers to make informed choices.

Regulatory authorities in many countries and regions require food producers to conduct GM food safety testing to comply with labeling and safety regulations. This legal requirement is driven by the need to address consumer concerns and ensure transparency. Cases of unapproved GM ingredients being discovered in products, leading to product recalls, legal liabilities, and reputational damage for food manufacturers, highlight the importance of GM food safety testing to prevent such incidents and reassure consumers. As international trade in food products increases, meeting the varying GM labeling and safety regulations in different countries is essential. Food producers need to perform safety testing to access global markets and satisfy the concerns of consumers worldwide. Information about GM food safety, consumer concerns, and safety testing results are widely shared on social media platforms and through online communities. This amplifies consumer awareness and drives the demand for transparency and testing. This factor will pace up the demand of the Global Genetically Modified Food Safety Testing Market

Growing Coexistence and Cross-Contamination

In regions where both genetically modified and non-genetically modified crops are cultivated, coexistence regulations aim to establish rules for their harmonious existence. These regulations often necessitate the testing of crops to ensure compliance with specific separation distances, isolation zones, or buffer areas. GM food safety testing is crucial for verifying adherence to these regulations. Cross-contamination can occur when GM crops inadvertently mix with non-GM crops during planting, harvesting, storage, transportation, or processing. To prevent such unintended mixing and ensure that non-GM products remain GM-free, safety testing is conducted to detect and quantify GM material. Many consumers prefer non-GMO or GM-free products. In response to this demand, food producers often label their products as such. To make these claims and assure consumers of the absence of GM ingredients, companies perform GM food safety testing to verify their products' status. Unintentional mixing and cross-contamination can lead to legal and liability issues for food manufacturers. They may face legal consequences and reputational damage if their products are found to contain unapproved GM material. Conducting safety testing helps mitigate these risks and ensures legal compliance. International trade in food products requires adherence to the import regulations and labeling requirements of the destination country. To meet these standards, food producers must conduct GM food safety testing to demonstrate that their products comply with the regulations of the importing country and to prevent the accidental introduction of GM material into non-GM markets.

Ensuring the purity of seed stocks is essential for both GM and non-GM crop production. GM food safety testing is used to verify the genetic identity of seeds and prevent the inadvertent use of GM seeds in non-GM production. GM food safety testing is an integral part of quality control in the agricultural and food processing industries. It ensures the integrity and purity of crops, providing assurance to stakeholders in the supply chain. Organic farming practices require the exclusion of GM materials from the production process. GM food safety testing is used to verify the non-GMO status of organic products, which is critical for organic certification. Cross-contamination can have environmental implications, such as the unintended spread of GM traits to wild or conventional crops, potentially affecting biodiversity and traditional agricultural practices. Environmental concerns further drive the demand for GM food safety testing. To maintain and build consumer trust, food producers and regulatory bodies emphasize the importance of rigorous testing to prevent the unintentional presence of GM material in non-GM products. This factor will accelerate the demand of the Global Genetically Modified Food Safety Testing Market.


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Key Market Challenges

Sample Handling and Preservation

DNA and proteins, which are commonly targeted in GM food safety testing, are prone to degradation. Inadequate sample handling and preservation can lead to the deterioration of these target molecules, resulting in inaccurate or unreliable test results. Food samples can be complex matrices, containing a wide range of components such as fats, sugars, and enzymes. Improper handling or storage can lead to the degradation of DNA and proteins and may introduce interfering substances that affect the accuracy of testing. Maintaining traceability and proper documentation of sample handling is crucial for regulatory compliance and quality control. Inadequate traceability can lead to questions about the integrity of the sample, especially when it is necessary to retest or confirm results.

Cross-contamination between samples or sample handling equipment can lead to false-positive results, especially when testing for trace amounts of GM material. Proper handling procedures are essential to prevent contamination. Sampling variability can occur when collecting samples from large batches or diverse sources. Ensuring consistent and representative sampling is a challenge in GM food safety testing, as it impacts the reliability of test results. Some GM food safety tests require specific sample sizes and quantities, which can be challenging to obtain, particularly when dealing with small or limited samples. Proper storage conditions, including temperature and humidity control, are vital to preserving sample integrity. Inadequate storage conditions can lead to sample degradation and compromised test accuracy. Samples often need to be transported to testing facilities. The handling and transportation process can introduce additional risks if not executed properly. Ensuring that a sample is well-mixed and homogeneous is essential, especially when testing for GM material that may not be evenly distributed throughout the sample. Inhomogeneity can lead to false-negative results.

Sensitivity and Specificity

Achieving the necessary sensitivity to detect trace amounts of GM material in food samples is a technical challenge. Many consumers and regulatory agencies demand highly sensitive tests to ensure that even minute quantities of GM material can be identified. Regulatory authorities often set specific threshold levels for GM content in food products. Ensuring that testing methods are sensitive enough to accurately quantify GM content near or below these threshold levels can be difficult. Cross-reactivity can occur when a test mistakenly identifies non-GM material as GM or vice versa. Achieving high specificity, which means minimizing cross-reactivity, while maintaining sensitivity can be challenging. Food samples are complex mixtures of various components, including fats, sugars, proteins, and other compounds. These matrices can interfere with testing methods, making it challenging to develop assays that are both sensitive and specific.

Genetic diversity within GM organisms can make it challenging to design tests that can detect a wide range of GM varieties and traits accurately. Variability in the composition and quality of food samples can impact the accuracy of testing. Factors like sample storage conditions, freshness, and the presence of inhibitors can affect test results. Ensuring that test results are consistent across different laboratories and with various equipment is a challenge. Variability in testing conditions and equipment can impact sensitivity and specificity. Validating test methods to confirm their sensitivity and specificity requires significant resources and effort. It can be time-consuming and costly to develop and validate new testing methods for different GM traits and varieties.

Key Market Trends

Organic and Non-GMO Labels

 In various countries, regulations and guidelines have been established for the labeling of GM and non-GMO products. To make non-GMO claims, food producers are often required to provide evidence of GM food safety testing to confirm the absence of GM ingredients. The non-GMO and organic labels provide consumers with a clear and easily recognizable way to identify products that meet their preferences. These labels enhance transparency and allow consumers to make informed choices about the food they purchase. Many retailers and food brands have made commitments to offer non-GMO and organic products. To meet these commitments, food manufacturers conduct GM food safety testing to verify the non-GMO status of their products. Using non-GMO and organic labels builds trust between retailers and consumers. These labels reassure consumers that the products they purchase align with their values and dietary preferences. Independent organizations provide non-GMO and organic certifications, often requiring GM food safety testing as part of the verification process. These certifications further support the credibility of non-GMO and organic labels.

Segmental Insights

Food Type Insights

In 2022, the Global Genetically Modified Food Safety Testing Market largest share was held by Processed Foods segment in the forecast period and is predicted to continue expanding over the coming years. Processed foods often contain a wide range of ingredients, and many of these include derivatives from genetically modified crops. Common GM ingredients in processed foods include soy, corn, canola, and sugar beets. As a result, the processed food industry relies heavily on GM ingredients, which necessitates comprehensive safety testing. Processed foods typically involve complex supply chains with multiple ingredients sourced from various regions. This complexity makes it challenging for food manufacturers to track the source and status of each ingredient. GM food safety testing is essential for ensuring that GM ingredients are accurately labelled and that they meet safety standards. Many countries have strict regulations and labelling requirements for GM ingredients in food products. Food manufacturers in the processed foods industry must comply with these regulations, which include conducting GM food safety testing to demonstrate the safety of their products. Consumers are increasingly concerned about the presence of GM ingredients in their food. In response to consumer demand for transparency, many processed food companies label their products as GM-free or non-GMO. To make these claims, they need to perform GM food safety testing to ensure that their products do not contain GM ingredients.


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Regional Insights

The North America region dominates the Global Genetically Modified Food Safety Testing Market in 2022. North America, particularly the United States and Canada, has seen significant adoption of genetically modified crops, such as GM corn, soybeans, and cotton. These crops are widely used in various food products and animal feed. The prevalence of GM crops necessitates rigorous testing to ensure their safety. The region is home to some of the world's largest biotechnology and agribusiness companies, such as Monsanto (now part of Bayer) and DuPont Pioneer (now part of Corteva). These companies have been at the forefront of GM crop development and have driven the need for extensive safety testing. North America has well-established regulatory bodies, such as the U.S. Food and Drug Administration (FDA) and the Canadian Food Inspection Agency (CFIA), which have implemented rigorous safety testing requirements for GM foods.

Asia Pacific region is the fastest growing segment in the Global Genetically Modified Food Safety Testing Market. Many countries in the Asia Pacific region have been adopting GM crops for their agricultural benefits, such as increased yield and resistance to pests and diseases. This growing adoption of GM crops necessitates safety testing to ensure the products are fit for human consumption. The Asia Pacific region has a large and rapidly growing population. As the demand for food increases, there is a greater need to ensure food safety, especially regarding GM products.

Recent Developments

  • In May 2023, Neogen Corporation has unveiled two new assays for the detection of natural toxins: Reveal Q+ for DON EndPoint and Reveal Q+ for Aflatoxin EndPoint. These assays, known as Reveal Q+ EndPoint, are user-friendly quantitative lateral flow tests that deliver precise results within minutes. They are designed to be used on Neogen's Raptor Solo Platform and are particularly useful in scenarios where increased workflow efficiency is required. Neogen offers a comprehensive array of diagnostic test products for food safety, covering foodborne bacteria, mycotoxins, food allergens, and various other safety concerns. Their mycotoxin test kits cover a wide range, including aflatoxin, deoxynivalenol (DON), fumonisin, ochratoxin, T-2/HT-2, and zearalenone.
  • In March 2021, Thermo Fisher Scientific, the global leader in scientific solutions, has introduced the Applied Biosystems TaqMan SARS-CoV-2 Mutation Panel. This panel offers a customizable selection of 22 validated real-time PCR assays designed for the detection of SARS-CoV-2 mutations. These assays serve the purpose of monitoring the variants responsible for COVID-19 infections in specific regions worldwide, granting laboratories the flexibility to choose which mutations they wish to track. Given the numerous mutations that SARS-CoV-2 has undergone, some of which might impact the effectiveness of treatments and vaccines, the ongoing surveillance of viral changes is of paramount importance. The TaqMan SARS-CoV-2 Mutation Panel is engineered to be highly adaptable, capable of running a few or hundreds of samples for the identification of one or multiple mutations. This versatility equips laboratories to address a wide range of testing requirements using the real-time PCR instruments already at their disposal.

Key Market Players

  • Monsanto
  • Bio-Rad Laboratories, Inc.
  • Emsl Analytical Inc.
  • Eurofins Scientific Se
  • Thermo Fisher Scientific
  • SGS SA
  • Intertek Group Plc.
  • Genetic ID NA Inc.
  • ALS Limited
  • Assure Quality Limited

By Type

By Region

  • Crop
  • Processed Foods
  • Others

 

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Genetically Modified Food Safety Testing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Genetically Modified Food Safety Testing Market, By Food Type:

o   Crops

o   Processed Foods

o   Others

  • Genetically Modified Food Safety Testing Market, By region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  China

§  India

§  South Korea

§  Australia

§  Japan

o   Europe

§  Germany

§  France

§  United Kingdom

§  Spain

§  Italy

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Genetically Modified Food Safety Testing Market.

Available Customizations:

Global Genetically Modified Food Safety Testing Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Genetically Modified Food Safety Testing Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Genetically Modified Food Safety Testing Market Outlook

5.1.  Market Size & Forecast

5.1.1.        By Value

5.2.  Market Share & Forecast

5.2.1.        By Food Type (Crops, Processed Foods, Others)

5.2.2.        By Region

5.2.3.        By Company (2022)

5.3.  Market Map

6.    Asia Pacific Genetically Modified Food Safety Testing Market Outlook

6.1.  Market Size & Forecast

6.1.1.        By Value

6.2.  Market Share & Forecast

6.2.1.        By Food Type

6.2.2.        By Country

6.3.  Asia Pacific: Country Analysis

6.3.1.        China Genetically Modified Food Safety Testing Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Food Type

6.3.2.        India Genetically Modified Food Safety Testing Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Food Type

6.3.3.        Australia Genetically Modified Food Safety Testing Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Food Type

6.3.4.        Japan Genetically Modified Food Safety Testing Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Food Type

6.3.5.        South Korea Genetically Modified Food Safety Testing Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Food Type

7.    Europe Genetically Modified Food Safety Testing Market Outlook

7.1.  Market Size & Forecast

7.1.1.        By Value

7.2.  Market Share & Forecast

7.2.1.        By Food Type

7.2.2.        By Country

7.3.  Europe: Country Analysis

7.3.1.        France Genetically Modified Food Safety Testing Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Food Type

7.3.2.        Germany Genetically Modified Food Safety Testing Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Food Type

7.3.3.        Spain Genetically Modified Food Safety Testing Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Food Type

7.3.4.        Italy Genetically Modified Food Safety Testing Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Food Type

7.3.5.        United Kingdom Genetically Modified Food Safety Testing Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Food Type

8.    North America Genetically Modified Food Safety Testing Market Outlook

8.1.  Market Size & Forecast

8.1.1.        By Value

8.2.  Market Share & Forecast

8.2.1.        By Food Type

8.2.2.        By Country

8.3.  North America: Country Analysis

8.3.1.        United States Genetically Modified Food Safety Testing Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Food Type

8.3.2.        Mexico Genetically Modified Food Safety Testing Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Food Type

8.3.3.        Canada Genetically Modified Food Safety Testing Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Food Type

9.    South America Genetically Modified Food Safety Testing Market Outlook

9.1.  Market Size & Forecast

9.1.1.        By Value

9.2.  Market Share & Forecast

9.2.1.        By Food Type

9.2.2.        By Country

9.3.  South America: Country Analysis

9.3.1.        Brazil Genetically Modified Food Safety Testing Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Food Type

9.3.2.        Argentina Genetically Modified Food Safety Testing Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Food Type

9.3.3.        Colombia Genetically Modified Food Safety Testing Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Food Type

10. Middle East and Africa Genetically Modified Food Safety Testing Market Outlook

10.1.             Market Size & Forecast

10.1.1.     By Value

10.2.             Market Share & Forecast

10.2.1.     By Food Type

10.2.2.     By Country

10.3.             MEA: Country Analysis

10.3.1.     South Africa Genetically Modified Food Safety Testing Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Food Type

10.3.2.     Saudi Arabia Genetically Modified Food Safety Testing Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Food Type

10.3.3.     UAE Genetically Modified Food Safety Testing Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Food Type

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Recent Developments

12.2.             Product Launches

12.3.             Mergers & Acquisitions

13. Global Genetically Modified Food Safety Testing Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Product

15. PESTLE Analysis

16. Competitive Landscape

16.1.   Monsanto

16.1.1.     Business Overview

16.1.2.     Company Snapshot

16.1.3.     Products & Services

16.1.4.     Financials (In case of listed companies)

16.1.5.     Recent Developments

16.1.6.     SWOT Analysis

16.2.   Bio-Rad Laboratories, Inc.

16.2.1.     Business Overview

16.2.2.     Company Snapshot

16.2.3.     Products & Services

16.2.4.     Financials (In case of listed companies)

16.2.5.     Recent Developments

16.2.6.     SWOT Analysis

16.3.   Emsl Analytical Inc.

16.3.1.     Business Overview

16.3.2.     Company Snapshot

16.3.3.     Products & Services

16.3.4.     Financials (In case of listed companies)

16.3.5.     Recent Developments

16.3.6.     SWOT Analysis

16.4.   Eurofins Scientific Se

16.4.1.     Business Overview

16.4.2.     Company Snapshot

16.4.3.     Products & Services

16.4.4.     Financials (In case of listed companies)

16.4.5.     Recent Developments

16.4.6.     SWOT Analysis

16.5.   Thermo Fisher Scientific

16.5.1.     Business Overview

16.5.2.     Company Snapshot

16.5.3.     Products & Services

16.5.4.     Financials (In case of listed companies)

16.5.5.     Recent Developments

16.5.6.     SWOT Analysis

16.6.   Intertek Group Plc.

16.6.1.     Business Overview

16.6.2.     Company Snapshot

16.6.3.     Products & Services

16.6.4.     Financials (In case of listed companies)

16.6.5.     Recent Developments

16.6.6.     SWOT Analysis

16.7.   SGS SA

16.7.1.     Business Overview

16.7.2.     Company Snapshot

16.7.3.     Products & Services

16.7.4.     Financials (In case of listed companies)

16.7.5.     Recent Developments

16.7.6.     SWOT Analysis

16.8.   Genetic ID NA Inc.

16.8.1.     Business Overview

16.8.2.     Company Snapshot

16.8.3.     Products & Services

16.8.4.     Financials (In case of listed companies)

16.8.5.     Recent Developments

16.8.6.     SWOT Analysis

16.9.   Assure Quality Limited

16.9.1.     Business Overview

16.9.2.     Company Snapshot

16.9.3.     Products & Services

16.9.4.     Financials (In case of listed companies)

16.9.5.     Recent Developments

16.9.6.     SWOT Analysis

16.10.ALS Limited

16.10.1.  Business Overview

16.10.2.  Company Snapshot

16.10.3.  Products & Services

16.10.4.  Financials (In case of listed companies)

16.10.5.  Recent Developments

16.10.6.  SWOT Analysis

17. Strategic Recommendations

18. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Genetically Modified Food Safety Testing Market was estimated to be USD 2.24 billion in 2022.

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Bio-Rad Laboratories, Inc., Emsl Analytical Inc. are some of the key players operating in the Genetically Modified Food Safety Testing Market.

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Ongoing changes and variations in GM food regulations around the world can be challenging for food producers and testing laboratories to navigate.

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The adoption of genetically modified crops, particularly in agriculture, continued to grow.

profile

Sakshi Bajaal

Business Consultant
Press Release

Genetically Modified Food Safety Testing Market to grow with a CAGR of 7.49 %

Nov, 2023

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the Global Genetically Modified Food Safety Testing Market.