Meat speciation is a test to identify the species from which the meat has originated. With rising cases of adulteration and contamination, the process is seeing widespread uptake. A recent research study by Transparency Market Research, titled, “Meat Speciation Testing Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2027,” throws light on its market after studying it from every angle.
Mainly fuelling the market for meat speciation is the increasing health concern among consumers and regulations pertaining to quality in the food and beverage industry. This has led to manufacturers resorting to such tests to ensure their products are fit for consumption. The massive surge in the demand and subsequent sales of processed meat has also catalyzed market growth. Processed meat is often indistinguishable, making it difficult to understand the source. Thus meat speciation is often used to uncover the animal DNA to check adulteration. Apart from that, emergence of more sophisticated tests leveraging latest technologies is having a solid positive impact on the market too.
Having thrown light on the various tailwinds propelling the meat speciation market, our report goes on to segment it based on various parameters to understand which segment holds out maximum prospect. Depending upon the form-type, for example, it classifies the market into processed, raw, and cooked. Among them, the segment of raw dominates both vis-à-vis value and volume. Based on the type of technology, the report again classifies the market into enzyme-linked immunosorbent assay (ELISA) technique, molecular diagnostic technique, and polymerase chain reaction (PCR) technique. Of those, the segment of PCR grosses maximum revenue. The segment of ELISA, on the other hand, is predicted to rise at the fastest clip.
One more parameter based on which the market for meat speciation is segmented is the species. Horse (Equus caballus), sheep (Ovis aries), pig (Sus scrofa), horse chicken (Gallus gallus), turkey (Meleagris galloparvo), and cow (Bos taurus) are to name a few prominent categories in this area. Of them, the chicken segment generates most of the revenue and will likely continue doing so in the forecast period.
Geographically, the key regions in the market for meat speciation that have been studied in the report are North America, South America, Europe, and the Middle East and Africa. Of them, North America is a dominant region because of the presence of a large packaged food product market. This, in turn, is because of the high demand of meat in the region. Europe in another major market owing to the high raw and processed meat production and consumption in most of the nations. In terms of growth rate, Asia Pacific is expected to surpass all other regions in the next couple of years on account of its large population, particularly in the nations of India and China.
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Some of prominent participants in the global market for meat speciation that have been profiled in the report are AB Sciex LLC, Neogen Corporation, Genetic ID NA, Inc., ALS Limited, Eurofins Scientific SE, Scientific Analysis Laboratories, LGC Science Group Ltd., VWR International LLC and Geneius Laboratories Ltd.