Global Genetically Modified Organisms (GMO) Testing Services Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Genetically Modified Organisms (GMO) Testing Services Market 2023 by Company, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Genetically Modified Organisms (GMO) Testing Services market size was valued at USD 1977.6 million in 2022 and is forecast to a readjusted size of USD 3275.5 million by 2029 with a CAGR of 7.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

As per the 2020 report by the Food and Agriculture Organization (FAO), nearly 55% of the total global production of maize was used as animal feeds, 20% for other non-food applications, and only 12% used as food products. In 2021, the US stood as the largest genetically modified crops producer, accounting for more than 37% of the total global production that covered several crops including soybeans, cotton, corn, apples, canola, sugar beets, papaya, and potatoes. The US farmers used more than 170 million acres of agricultural land for different GMO crops farming in 2019. As claimed by various scientific communities, the rising production of biotech crops globally aided in the alleviation of various global issues such as food insecurity, poverty & malnutrition, and climate change. However, as many as 39% of consumers in the US still believe that GM foods are less healthy compared to non-GM foods.

Genetically modified organisms (GMO) testing services refer to the process of checking the nutritional level of GM crops, meats, and foods. The GM products are mainly derived through certain modifications of original seeds of crops using various biotechnological methods to ensure a high yield of crops.

This report is a detailed and comprehensive analysis for global Genetically Modified Organisms (GMO) Testing Services market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Genetically Modified Organisms (GMO) Testing Services market size and forecasts, in consumption value ($ Million), 2018-2029

Global Genetically Modified Organisms (GMO) Testing Services market size and forecasts by region and country, in consumption value ($ Million), 2018-2029

Global Genetically Modified Organisms (GMO) Testing Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029

Global Genetically Modified Organisms (GMO) Testing Services market shares of main players, in revenue ($ Million), 2018-2023.

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Genetically Modified Organisms (GMO) Testing Services

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace.

This report profiles key players in the global Genetically Modified Organisms (GMO) Testing Services market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AgEtal, Alfa Chemistry, ALS Limited, Ayub Agricultural Research Institute (AARI) and Bio-Rad Laboratories, Inc., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation

Genetically Modified Organisms (GMO) Testing Services market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Polymerase Chain Reaction
Lateral Flow Devices
ELISA Test
Herbicide Tolerance
Insect Resistance
Others

Market segment by Application
Rapeseed/Canola
Tomato
Soy
Corn
Others

Market segment by players, this report covers
AgEtal
Alfa Chemistry
ALS Limited
Ayub Agricultural Research Institute (AARI)
Bio-Rad Laboratories, Inc.
Bioscience
Bureau Veritas SA
BVAQ
Centre Testing International(CTI)
EMSL Analytical Inc.
EnviroLogix
Eurofins Scientific SE
Genetic ID NA, Inc.
Intertek Group Plc.
Mérieux NutriSciences Corporation
Microbac Laboratories, Inc.
Middle East Testing Services (METS)
Monsanto (Bayer AG)
OMIC USA Inc.
Romer Labs
SGS SA
STC
Thermo Fisher Scientific Inc.
TÜV SÜD AG

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Genetically Modified Organisms (GMO) Testing Services product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Genetically Modified Organisms (GMO) Testing Services, with revenue, gross margin and global market share of Genetically Modified Organisms (GMO) Testing Services from 2018 to 2023.

Chapter 3, the Genetically Modified Organisms (GMO) Testing Services competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Genetically Modified Organisms (GMO) Testing Services market forecast, by regions, type and application, with consumption value, from 2024 to 2029.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War

Chapter 12, the key raw materials and key suppliers, and industry chain of Genetically Modified Organisms (GMO) Testing Services.

Chapter 13, to describe Genetically Modified Organisms (GMO) Testing Services research findings and conclusion.