Meat Testing Market: Global Industry Analysis and Forecast (2022-2029)

Meat Testing Market is anticipated to reach US$ 13.94 Bn. by 2029 from US$ 7.87 Bn. in 2021 at a CAGR of 7.4% during a forecast period.

Meat testing refers to the process of inspecting meat for any exterior allergens or chemicals that might render it unfit for human consumption. This method is used to identify and grade meat, which aids in determining if the source of the meat has been polluted at any stage in the supply chain or whether the meat has been contaminated.

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Meat Testing Market Dynamics
Increasing demand in the service portfolio for meat and seafood testing, rising levels of investment in research and development activities, development of rapid testing technologies, and adoption of multi-containment detection systems all contribute to the meat testing market's growth during the forecast period. The global meat testing market is growing because of increased consumer health concerns and strong demand for packaged meat. To combat this, meat product makers are spending in research and development to satisfy regulatory requirements. Rapid urbanization, rising population, and rising domestic income are some macroeconomic reasons that are positively impacting the worldwide meat speciation testing market. Mergers and acquisitions involving processed meat processors and contract research firms have been noted as a trend in the worldwide meat speciation testing business. Because of the rising health consciousness among a huge number of people, the firm that manufactures meat speciation testing products has a big opportunity in countries such as North America, Europe, and the Asia Pacific.

Growth in health concerns and a protein-based diet are two other major factors driving the meat testing market. Consumers are paying more attention to their nutritional consumption as their disposable money and health consciousness rise. Furthermore, with readily available workout options and growing gym culture, consumers are migrating away from a carbohydrate-rich diet and toward a protein-based diet. Meat and poultry tests, as well as the meat business, are complimentary. And, as the meat and poultry business grows, the meat and poultry testing sector is expected to grow at a rapid pace.

Increasing capital investment requirements, as well as an increase in the complexity of testing methods, is likely to function as market limitations for the meat testing markets growth during the forecast period. The largest and most pressing issue for the market's growth is a lack of food control infrastructure and resources, as well as difficulties in sample collection and increased demand for meat alternatives.
Meat Testing Market Segment Analysis
By Target Tested, in 2021, the pathogen testing part was the most popular, followed by the species identification segment. Improper raw meat storage can result in pathogen contamination; also, cross-contamination can result in the contamination of meat and seafood by foreign particles, resulting in food recalls. Concerns concerning cross-contamination during storage, shipping, handling, and repacking are also growing as a result of the complicated process and supply chain. This raises food safety and standard concerns about pollutants and unreported species, which might endanger customers' lives.

By Sample Type, Meat from various varieties of hens, ducks, turkeys, quails, and pheasants is included in the poultry segment of the market. Consumer worries about the safety of chicken meat products are rising as the market offers more ready-to-eat goods using poultry meat than other meat.

By Technology, in 2021, PCR technology had the largest market share, followed by immunoassay testing technologies. The advantage of PCR technology is that it automates testing and offers speedy results. As a result, it is commonly employed to detect unidentified species.
Meat Testing Market Regional Insight
The meat testing market in North America is dominated by the increasing number of meat product recalls, increased consumer awareness of safe food products, and stringent food safety regulations in the region. According to the North American Meat Institute, the United States produced 52 billion pounds of meat in 2021 and 48 billion pounds of poultry in the same year. The chicken was the most popular poultry product, with 9 billion pounds produced, followed by cattle and calves, turkey, and hogs. Beef production dominates the meat business (26.3 billion pounds). Complemented by pork and veal (25.6 billion pounds) (80.2 million pounds) whereas the Asia-Pacific region is expected to grow from 2021 to 2029 due to the growing demand for various types of meat-based ingredients among the region's youth and middle-class consumers.

Report Objectives:

• Landscape analysis of the Meat Testing Market
• competitive benchmarking
• Past and current status of the industry with the forecasted market size and trends
• Evaluation of potential key players that include market leaders, followers, and new entrants
• Technology trends
• Potential impact of micro-economic factors of the market
• External and Internal factors affecting market have been analyzed

The report also helps in understanding the Meat Testing Market dynamics, structure by analysing the market segments and project the Meat Testing Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Meat Testing Market make the report investor’s guide.
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Meat Testing Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 7.87 Bn


Forecast Period 2022 to 2029 CAGR:
7.4 %
Market Size in 2029:
US $ 13.94 Bn.


 Segments Covered:
by Target Tested
• Pathogens
• Species identification
• GMOs
• Allergens
• Mycotoxins
• Heavy metals
• Veterinary drug residues
• Others (pesticide and chemical residues)
• Meat


by Sample Type
• Meat
o Poultry
o Pigmeat
o Beef
o Sheep and goat meat
o Others (camel, rabbit, horse, venison, and wild boar)
Seafood


by Technology
o Poultryo Pigmeat
o Beef
o Sheep and goat meat
o Others (camel, rabbit, horse, venison, and wild boar)


by End-User
• Seafood
• Traditional
• Rapid
• Immunoassay
• PCR
• Chromatography
• Spectroscopy



Meat Testing Market by Region
• North America
• Asia pacific
• Europe
• Middle East and Africa
• South America
Meat Testing Market: Key Players
• SGS
• Eurofins
• Bureau Veritas
• Intertek
• TUV SUD
• ALS
• Mérieux NutriSciences
• AsureQuality
• Romer Labs
• LGC Limited
• Genetic ID
• Microbac Laboratories
• Thermo Fisher Scientific Inc.
• FoodChain ID Group Inc.
• Symbio Laboratories
• Certified Laboratories
• QIMA
• AB Sciex Pte. Ltd.
• NEOGEN Corporation.
• Bio-Check (UK) Ltd.

Frequently Asked Questions

1. What is the projected market size & growth rate of Meat Testing Market?
Ans- Meat Testing Market was valued at USD 7.87 billion in 2021 and is projected to reach USD 13.94 billion by 2029, growing at a CAGR of 7.4% during the forecast period.

2. What are the key driving factor for the growth of Meat Testing Market?
Ans- Increasing demand in the service portfolio for meat and seafood testing, rising levels of investment in research and development activities, development of rapid testing technologies, and adoption of multi-containment detection systems all contribute to the meat testing market's growth during the forecast period.

3. Which Region accounted for the largest Meat Testing Market share?
Ans- The meat testing market in North America is dominated by the increasing number of meat product recalls, increased consumer awareness of safe food products, and stringent food safety regulations in the region.

4. What makes Asia Pacific a Lucrative Market for Meat Testing Market?
Ans- Growing demand for various types of meat-based ingredients among the region's youth and middle-class consumers.

5. What are the top players operating in Meat Testing Market?
Ans- SGS, Eurofins, Bureau Veritas, Intertek, TUV SUD, ALS, Mérieux NutriSciences, and AsureQuality.