Global Genetically Modified Organisms (GMO) Testing Services Supply, Demand and Key Producers, 2023-2029

Global Genetically Modified Organisms (GMO) Testing Services Supply, Demand and Key Producers, 2023-2029

The global Genetically Modified Organisms (GMO) Testing Services market size is expected to reach $ 3275.5 million by 2029, rising at a market growth of 7.5% CAGR during the forecast period (2023-2029).

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 studies the global Genetically Modified Organisms (GMO) Testing Services demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Genetically Modified Organisms (GMO) Testing Services, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Genetically Modified Organisms (GMO) Testing Services that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Genetically Modified Organisms (GMO) Testing Services total market, 2018-2029, (USD Million)

Global Genetically Modified Organisms (GMO) Testing Services total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Genetically Modified Organisms (GMO) Testing Services total market, key domestic companies and share, (USD Million)

Global Genetically Modified Organisms (GMO) Testing Services revenue by player and market share 2018-2023, (USD Million)

Global Genetically Modified Organisms (GMO) Testing Services total market by Type, CAGR, 2018-2029, (USD Million)

Global Genetically Modified Organisms (GMO) Testing Services total market by Application, CAGR, 2018-2029, (USD Million).

This reports profiles major players in the global Genetically Modified Organisms (GMO) Testing Services market based on the following parameters – company overview, revenue, 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), Bio-Rad Laboratories, Inc., Bioscience, Bureau Veritas SA, BVAQ and Centre Testing International(CTI), etc.

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

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Genetically Modified Organisms (GMO) Testing Services market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Genetically Modified Organisms (GMO) Testing Services Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Genetically Modified Organisms (GMO) Testing Services Market, Segmentation by Type
Polymerase Chain Reaction
Lateral Flow Devices
ELISA Test
Herbicide Tolerance
Insect Resistance
Others

Global Genetically Modified Organisms (GMO) Testing Services Market, Segmentation by Application
Rapeseed/Canola
Tomato
Soy
Corn
Others

Companies Profiled:
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

Key Questions Answered

1. How big is the global Genetically Modified Organisms (GMO) Testing Services market?

2. What is the demand of the global Genetically Modified Organisms (GMO) Testing Services market?

3. What is the year over year growth of the global Genetically Modified Organisms (GMO) Testing Services market?

4. What is the total value of the global Genetically Modified Organisms (GMO) Testing Services market?

5. Who are the major players in the global Genetically Modified Organisms (GMO) Testing Services market?

6. What are the growth factors driving the market demand?