The market size for global genetically modified (GM) food safety testing was USD 1.52 billion in 2022 and is projected to grow at a rapid revenue compound annual growth rate (CAGR) of 9.4% during the forecast period. This growth is attributed to the increasing demand for GM food and the need to ensure their safety for human consumption. GM crops are widely used in agriculture as they offer advantages such as increased agricultural yields, resistance to pests, herbicides, and harsh weather conditions, and improved nutritional value.
Moreover, the market is also driven by factors such as the growing population, changing dietary preferences, and the need to address food security concerns. GM crops are seen as a way to meet the increasing demand for food as the world's population grows. The demand for processed foods that contain GM components is also on the rise due to changing eating habits. As a result, the need for GM food safety testing has become crucial to ensure that these products are safe for human consumption.
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Top Companies Operating in the Global Microarray Genetically Modified (GM) Food Safety Testing Market Report:
- Thermo Fisher Scientific Inc.
- Eurofins Scientific SE
- SGS SA
- Intertek Group plc
- Bureau Veritas SA
- ALS Limited
- Mérieux NutriSciences Corporation
- Romer Labs Diagnostic GmbH
- AsureQuality Limited
- Genetic ID NA, Inc.
Notable Innovations of Microarray Genetically Modified (GM) Food Safety Testing Market:
- Next-generation sequencing (NGS): NGS technologies have revolutionized genetic analysis and have been applied to GM food safety testing. These techniques enable rapid and comprehensive sequencing of DNA, allowing for the detection and characterization of GMOs with high accuracy and sensitivity.
- High-resolution melting analysis (HRMA): HRMA is a cost-effective and rapid method used to differentiate GM from non-GM varieties. It detects small variations in DNA sequences and can identify specific genetic modifications in GM crops.
- Bioinformatics and data analysis tools: With the increasing complexity of GM food safety testing data, bioinformatics and data analysis tools have become essential. These tools help in the management, analysis, and interpretation of large datasets, facilitating the identification and characterization of GMOs.
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The global Microarray Genetically Modified (GM) Food Safety Testing Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Technology Outlook:
- Polymerase Chain Reaction (PCR)
- Immunoassay
- Microarray
- Others
Trait Outlook:
- Herbicide Tolerance
- Insect Resistance
- Stacked Traits
- Others
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