The meat speciation testing market, by value, is projected to reach at USD 1.688 billion by 2020 and at USD 3.55 billion by 2027, at a CAGR of 8.1 % from 2020. Meat speciation testing can be defined as identification of animal species which is performed for a range of reasons - ethnic, economic, and safety.
There is a wide range of products by which meat speciation testing is done, such as qualitative PCR analysis techniques, ELISA (enzyme linked immunosorbent assay) and others, these methods are used to identify the animal species in cooked & raw products across various food products & feed matrices. As the number of consumers consuming meat is rising globally, the scandals of mislabelling of meat products are rising which is anticipated to boost the Meat Speciation Testing market in future. Meat speciation testing is executed for cooked and raw meat products. Meat speciation testing systems verify the product labels and confirm the meat & meat products authenticity, which ensures the product safety to consumers.
When the meat is the excessively processed identification of the species becomes difficult and the chance of adulteration and contamination becomes higher. Thus, the market for meat speciation testing will grow substantially in the coming years. The advancements that are made in the detection methods that are DNA-based in order to quantify and identify the meat species and other meat ingredients in the products is the key driver that triggers the meat speciation testing market.
There are abundant species-specific testing methods that have been developed in order to detect various meat types such as pork, turkey, beef, lamb, and chicken. The fast growth of the poultry segment expects to boost the demand. The increasing consumer awareness about the meat products quality, the implementation of the stringent regulatory rules, the occurrences of diseases that occurs due to consumption of meat such as avian influenza (bird flu), the shocking increase in the frequency of food adulteration, and the increased demand for products that are certified are the major growth factors that are affecting the market growth.
Conversely, the poor penetration of the technological advancements, particularly in the emerging countries, inadequate regulations for the food control, and deficient infrastructure poses threat to the expansion of the market.
Some of the key market players that are involved in the meat speciation testing market include Eurofins Scientific SE, Canadian Food Inspection Agency (CFIA), Food and Drug Administration (FDA), and the United States Department of Agriculture (USDA).
Region-wise, the global meat speciation testing market is diversified into the Middle East and Africa, Asia-Pacific, Latin America, Europe, and North America. Europe dominates the global meat speciation market owing to the factors such as the rising demand for meat and meat products, stringent regulations, and high health consciousness is opening up new opportunities. The US holds a key share in terms of meat consumption in the North American region. Asia Pacific and Latin America will witness a significant growth in the market due to growing urbanization, rising disposable incomes, changing preferences of the consumers regarding food habits, and the growth in the animal husbandry sector. The emerging nation China dominates this regional segment owing to the adoption of the Western food habits.
Report : Meat speciation testing Market - By Species (Cow, Swine, Chicken, Horse, Others) By Technology (PCR, ELISA, Other molecular diagnostic tests) By Form (Raw, Cooked, Processed) By Region (North America, Europe, Asia Pacific, RoW) - Industry Analysis, Opportunity and Forecast 2020 To 2027