Meat Testing Market by Target Tested, Technology, Region - Global Forecast to 2023 - PowerPoint PPT Presentation

About This Presentation
Title:

Meat Testing Market by Target Tested, Technology, Region - Global Forecast to 2023

Description:

The global meat testing market is estimated at USD 7.94 billion in 2018 and is projected to grow at a CAGR of 7.7%, to reach USD 11.48 billion by 2023. Outbreaks of diseases due to contaminated meat & seafood have massively transformed the industry, leading to increased government regulations on meat products and their quality. Increasing incidents of such frauds are a major concern in the industry. These factors are the major drivers of the meat testing industry, globally. – PowerPoint PPT presentation

Number of Views:85
Slides: 7
Provided by: supriya1234
Category: Other

less

Transcript and Presenter's Notes

Title: Meat Testing Market by Target Tested, Technology, Region - Global Forecast to 2023


1
MarketsandMarkets Presents
Meat Testing Market - Forecast to 2023
https//www.marketsandmarkets.com/Market-Reports/m
eat-testing-market-60189057.html
2
The report "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", The meat testing market
is estimated at USD 7.94 billion in 2018 and is
projected to reach a value of USD 11.48 billion
by 2023, at a CAGR of 7.7. Growth in the
international trade of meat and seafood creates
the need for global mandates and regulations on
food safety, which is a significant factor that
drives the market for meat seafood testing.
Additionally, globalization has a major impact on
the global meat supply and has increased the
import export of meat, poultry, and seafood
products worldwide. This has increased the risk
of unsafe or contaminated products reaching
consumers in distant markets, which, in turn,
creates a demand for meat testing across the
world. Browse 157 market data Tables and 84
Figures spread through 252 Pages and in-depth TOC
on "Meat Testing Market - Global Forecast to
2023 North America accounted for the largest
share of the meat testing market in 2018. This
market is driven by the increased awareness of
safe food products among consumers, the growing
number of meat product recalls, and stringent
food safety regulations in the region. The major
restraining factor for the meat testing market is
high capital investment and complexity of testing
technologies. This can be attributed to the fact
that the testing process requires advanced
equipment, which is capital-intensive. The cost
of equipment and precise results in a shorter
time also add to the cost of the
product. Download PDF Brochure
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id60189057
3
  • In terms of target tested, the pathogens testing
    segment is estimated to account for the largest
    share of the meat testing market in 2018.
  • On the basis of target tested, the pathogen
    testing segment is estimated to hold the largest
    share of the meat testing market in 2018. The
    level of contamination is at its peak during
    packaging and processing and due to improper
    storage practices, such as non-maintenance of a
    suitable temperature. Highly occurring pathogens
    in meat seafood include E. coli, Salmonella,
    Campylobacter, Shigella, Vibrio, and many others.
  • Meat testing by PCR technology is estimated to
    hold the largest market share in 2018.
  • On the basis of technology, PCR accounted for the
    largest share of the market in 2018, followed by
    immunoassay. An advantage of PCR technology is
    its automated approach to testing, which provides
    quick results and aids the decision-making
    process for product recalls. Besides quick
    results, this technology can detect contamination
    at a level of 0.1.
  • On the basis of sample type, poultry meat is
    estimated to hold the largest market share in
    2018.
  • On the basis of sample type, poultry meat is
    estimated to account for the largest market share
    in 2018. The poultry meat sector provides
    ready-to-eat products, which should be safe for
    the consumer and have a long shelf life thus,
    ensuring the microbial safety of poultry
    carcasses and cuts is an important issue. The
    demand for poultry meat is high as there is no
    religious barrier is eating poultry meat also,
    poultry meat is healthier than red meat. Due to
    these reasons, the production of the poultry meat
    products is increasing, and therefore, it is
    vital to ensure the microbial safety of poultry
    meat products in the context of increasing
    consumption and production.
  • Request New Version https//www.marketsandmarkets
    .com/RequestNewVersion.asp?id60189057

4
  • North America is estimated to dominate the meat
    testing market in 2018.
  • North America is estimated to be the largest
    market for meat testing in 2018. This is due to
    the increased awareness of safe food products
    among consumers, the growing number of meat
    product recalls, and stringent food safety
    regulations in the region. The US is one of the
    largest meat consuming countries, with stringent
    regulations to keep a check on the quality of
    meat products. This leads to the growth of the
    meat testing services industry more the
    production of meat, the more testing will be
    required.
  • This report includes a study of marketing and
    development strategies, along with the product
    portfolios of the leading companies. It includes
    profiles of leading companies such as SGS
    (Switzerland), Eurofins (Luxemburg), Bureau
    Veritas (France), Intertek (UK), TUV SUD
    (Germany), ALS (Australia), Mérieux NutriSciences
    (US), AsureQuality (New Zealand), Romer Labs
    (Austria), LGC Limited (UK), Genetic ID (US), and
    Microbac Laboratories (US).
  • Targeted Audience
  • Regulatory and research organizations
  • Meat testing service providers
  • Meat product producers, suppliers, distributors,
    and retailers
  • Meat testing kit or equipment manufacturers,
    traders, distributors, and dealers
  • Request Sample https//www.marketsandmarkets.com
    /requestsample.asp?id1240
  •  

5
Contact Us
ContactMr. Shelly SinghMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.comBlog _at_
http//www.marketsandmarketsblog.com/market-report
s/food-and-beverage Connect with us on LinkedIn _at_
http//www.linkedin.com/company/marketsandmarkets
6
About MarketsandMarkets
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
MarketsandMarkets now coming up with 1,500
MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators,
strategic players) annually in high growth
emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.
Write a Comment
User Comments (0)
About PowerShow.com