Market Overview:
The global GMO Testingmarket was valued at USD 1.47billion in 2016 and is projected to reach USD 2.95billionby 2025, growing at a CAGR of 8.0% from 2017 to 2025.
GMO crop invention has been a breakthrough in the agriculture domain. However, the growing concerns regarding consumption of GMO Crops is expected to boost the usage of GMO Testing services. The introduction of non-GMO and growing concerns surrounding new GMO variants is driving market demand.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Technological evolution in farming practices
1.2 Diverse processed foods through GM crops
2. Market Restraints
2.1 Slow implementation of regulations
2.2 Lack of technological know-how among farmers
Market Segmentation:
The global GMO Testingmarket is segmented on the trait, technology, crop and processed food, and region.
1. By Trait:
1.1 Herbicide Tolerance
1.2 Stacked
1.3 Insect Resistance
2. By Technology:
2.1 Immunoassay
2.2 Polymerase Chain Reaction
3. By Crop and Processed Food:
3.1 Crop
3.1.1 Soybean
3.1.2 Corn
3.1.3 Potato
3.1.4 Canola
3.1.5 Others
3.2 Processed Food
3.2.1 Confectionery and Bakery
3.2.2 Meat Products and Meat
3.2.3 Snacks and Breakfast Cereals
3.2.4 Food Additives
3.2.5 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Asurequality
2. Microbac Laboratories
3. SGS SA
4. Bureau Veritas SA
5. Thermo Fisher Scientific
6. Romer Labs Diagnostic GmbH
7. ALS Limited
8. TUV SUD AG
9. Intertek Group PLC
10. Eurofins Scientific SE
11. MerieuxNutrisciences Corporation
12. Bio-Rad Laboratories Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the GMO Testingmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL GMO TESTINGMARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL GMO TESTINGMARKETOUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL GMO TESTINGMARKET, BY TRAIT
5.1 Overview
5.2 Herbicide Tolerance
5.3 Stacked
5.4 Insect Resistance
6 GLOBAL GMO TESTING MARKET, BY TECHNOLOGY
6.1 Overview
6.2 Immunoassay
6.3 Polymerase Chain Reaction
7 GLOBAL GMO TESTING MARKET, BY CROP AND PROCESSED FOOD
7.1 Overview
7.2 Crop
7.2.1 Soybean
7.2.2 Corn
7.2.3 Potato
7.2.4 Canola
7.2.5 Others
7.3 Processed Food
7.3.1 Confectionery and Bakery
7.3.2 Meat Products and Meat
7.3.3 Snacks and Breakfast Cereals
7.3.4 Food Additives
7.3.5 Others
8 GLOBAL GMO TESTINGMARKET, BY GEOGRAPHY
8.1 Overview
8.2 North AmericaRegional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 EuropeRegional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia PacificRegional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin AmericaRegional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the WorldRegional Market Estimates and Forecasts, 2012 - 2025
9 GLOBAL GMO TESTINGMARKETCOMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 Asurequality
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Microbac Laboratories
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 SGS SA
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Bureau Veritas SA
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Thermo Fisher Scientific
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Romer Labs Diagnostic GmbH
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 ALS Limited
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 TUV SUD AG
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Intertek Group PLC
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Development
10.10 Eurofins Scientific SE
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Development
10.11 MerieuxNutrisciences Corporation
10.11.1 Overview
10.11.2 Financial Performance
10.11.3 Product Outlook
10.11.4 Key Development
10.12 Bio-Rad Laboratories Inc.
10.12.1 Overview
10.12.2 Financial Performance
10.12.3 Product Outlook
10.12.4 Key Development
11 Appendix
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