GLOBAL – A market analysis conducted by GreyViews, a specialized market research company, has shown that the Meat Testing market was worth USD 8 billion in 2021 and is expected to grow at a CAGR of 7% till 2029.
The market was studied for different segmentations including by Target Tested (Pathogens, Meat, GMOs, Allergens, and Others), Sample Type (Meat and Seafood), Technology (Rapid Testing and Traditional Testing), Regions, Segmentation, and forecast.
Testing is necessary to ensure that meat products are of the greatest quality and safety. Manufacturers must also conform to the regulations governing meat safety.
For this reason, the Food Standards Agency (FSA) has created a manual specifically for the meat industry.
Food manufacturers must take into account every link in the food chain that could have an impact on meat quality when creating quality-control procedures for meat products.
SGS, Eurofins, Bureau Veritas, ALS, QIMA, Intertek, TUV SUD, Romer Labs, LGC Limited, Genetic ID, AsureQuality, Mérieux NutriSciences, and Microbac Laboratories are a few of the major companies active in the global meat testing business.
To achieve a substantial market share in the worldwide Meat Testing market and strengthen their position, manufacturers are pursuing expansion methods such as current developments, mergers and acquisitions, product innovations, collaborations, and partnerships, joint ventures.
Pathogens segment to experience fastest growth
Pathogens, meat, GMOs, allergies, and other substances are tested for in this target section.
The pathogens section is predicted to grow at the fastest rate during the forecast period.
Recalls of some foods can be caused by pathogen contamination from inappropriate raw meat storage as well as cross-contamination from foreign particles in meat and seafood.
The complex procedure and supply chain are also causing worries about cross-contamination during storage, transportation, handling, and repacking.
Issues with food safety are raised along with broader concerns about contaminants and unreported species that could threaten the lives of customers.
The target tested segment is pathogens, meat, GMOs, allergens, and others. During the forecast period, the pathogens segment is anticipated to develop at the fastest rate. Pathogen infection from improper raw meat storage and cross-contamination from foreign particles in meat and seafood can both result in food recalls.
The complex procedure and supply chain are likewise causing worries regarding cross-contamination throughout storage, transportation, handling, and repacking.
There are safety concerns regarding the food as well as more general worries about toxins and unreported species that might endanger consumers.
Meat segment expected to be the fastest-growing segment
When it comes to meat and seafood, the meat segment is expected to witness the highest CAGR during the forecast period. Poultry, sheep, goats, and other animals are included in the meat category.
Globally, people are eating more chicken, beef, eggs, quails, and other foods, which supports this market.
The segment’s growth is also encouraged by the availability of meat in ready-to-eat forms. Furthermore, as meat consumption increases, so does safety concern.
According to the report, the Asia Pacific region clinched a major portion of the meat testing market.
Meanwhile, in Europe, the market for meat speciation testing is being pushed by an increase in meat traffic, stricter food regulations, and more consumer awareness. Furthermore, increased consumer awareness of safe food products encourages regional growth.
More meat is now boned before being exported because more intricate cutting and preservation procedures have been developed over time, allowing for the trade of higher-quality goods. As a result, testing equipment is now increasingly in demand in Europe.
The market for meat testing in Germany was valued at 1.2 billion USD in 2021 and is anticipated to grow to 1.91 billion USD by 2029, with a 6% CAGR from 2022 to 2029.
The region is seeing an increase in the need for meat testing due to rising health consciousness, strong legislation protecting the safety of meat in Germany, an increase in food-borne illnesses like “mad cow” and others, and the frequency of disease outbreaks triggered by contaminated meat.
The German meat speciation testing industry is benefiting from macroeconomic reasons such as population expansion and rapidly rising domestic revenue, as reported by GlobeNewswire.
Additionally, to meet regulatory requirements, manufacturers of meat products are investing in research and development (R&D).
China’s Meat Testing market was estimated to be worth USD 0.85 billion in 2021 and is anticipated to grow to USD 1.27 billion by 2029, with a CAGR of 5.2% from 2022 to 2029.
Growing disposable incomes, especially in metropolitan areas, are what is driving the market.
Additionally, China’s sizable pool of reasonably priced and qualified workers enables the country to offer its products, like beef, on the global market at incredibly low prices, which raises regional product demand.
The market size for meat testing in India was estimated at USD 0.64 billion in 2021 and is anticipated to grow to USD 0.93 billion by 2029, at a CAGR of 4.8% from 2022 to 2029.
Customers’ demands for certified foodstuffs, labeling law compliance, religious convictions, an increase in food fraud cases, and stringent rules and regulations are all factors that contribute to the growth of the meat testing industry in India.
The rise in health concerns and a diet high in protein are two additional important aspects that are propelling the Indian market for meat testing.
Consumers are becoming more careful of what they eat as their disposable income and level of health consciousness rise.