Lucintel Forecasts GMO Testing Market to Grow at a CAGR of 7%-9% from 2020 to 2025


Posted November 18, 2021 by Lucintel

According to the recent study the GMO testing market is projected to grow at a CAGR of 7%-9% from 2020 to 2025.

 
According to the recent study the GMO testing market is projected to grow at a CAGR of 7%-9% from 2020 to 2025. Growth in this market is primarily driven by increase in nutritional demand and rise in stringency in genetically modified food safety regulations.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in GMO testing market by trait (stacked, herbicide tolerance, and insect resistance), technology (polymerase chain reaction and immunoassay), crop tested (corn, soy, rapeseed/canola, potatoes, and others (tomatoes, sugarbeets, and rice)), processed food tested (bakery &confectionery, meat& meat products, breakfast cereals & snacks, food additives, and other processed food (infant food, dairy products, and processed beverages)), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/gmo-testing-market.aspx

“Stacked market is expected to remain the largest segment during the forecast period.”
Based on trait, the GMO testing market is segmented into stacked, herbicide tolerance, and insect resistance. Lucintel forecasts that the stacked market is expected to remain the largest segment due to the increase in R&D innovations and multiplicity of different traits in one crop or food.
“Europe will dominate the GMO testing market in near future.”
Europe will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to stringent regulatory affairs for GMO testing and consumers’ disapproval towards GM foods.
Download Brochure of this report by clicking on https://www.lucintel.com/gmo-testing-market.aspx
Major players of GMO testing market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Thermo Fisher Scientific, Bio-Rad Laboratories, Mérieux NutriSciences Corporation, EMSL Analytical, Microbac Laboratories, Genetic ID NA, and OMIC USA are among the major GMO testing providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/gmo-testing-market.aspx or [email protected]
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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Last Updated November 18, 2021