Meat Speciation Analysis Market Size and Growth Rate:
“The Global Meat Speciation Analysis Market was accounted for US$ XX Mn in 2018 and increasing at a significant growth rate over the forecast years 2019-2025 to reach US$ 2,873.6 Mn by 2025 owing to surge in number of food fraud cases across the globe”
Meat Speciation Analysis Market Growth Drivers and Restraints:
The global meat speciation analysis market was valued at US$ XX Mn in 2018 and growing at a notable CAGR over the forecast years owing to increase in food adulteration and food fraud cases coupled with stringent government regulations for the food safety. Moreover, rise in R&D for the development of advanced tests, compliance with the labelling laws, religious beliefs, and rise in demand for high quality and certified food products are boost the global meat speciation analysis market over the forecast years. However, high cost of testing, limited awareness about meat speciation analysis, and lack of sophisticated infrastructure in underdeveloped countries are hinder the growth of meat speciation analysis market.
Global meat speciation analysis market segmented on the basis of species type, technology, meat type, and region
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PCR Technique Dominate the Global Meat Speciation Analysis Market
Based on the technology, global meat speciation analysis market segmented into molecular diagnostic technique, PCR, ELISA, and others. Among all the techniques polymerase chain reaction technique dominated the market in 2018 and same trend is expected over the forecast years owing to accurate determination with PCR technique compared with other techniques, quick processing time, and low cost. Moreover, PCR approved as potential procedure for meat speciation, consistent and effective tool for purified and heat treated meats and more informative compared with other techniques.
North America Leads the Global Meat Speciation Analysis market
PBI’s global meat speciation analysis market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2014-2018 and expected to dominate over 2019-2025 owing to increase in the awareness about food safety among the population in USA and Canada. Moreover, stringent regulations regarding the food products and rise in international trading of meat products also increase the revenue of market over the forecast years. Europe meat speciation analysis market projected to exhibit significant growth due to adoption of advanced technologies for meat speciation, increase in demand for high quality food and meat products, and presence of huge number of market players in the region.
Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players
Global meat speciation analysis market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance. In April 2017, Neogen Corporation launched single-step immunochromatographic assay to detect the raw pork skin in meat and environmental samples.
Key player’s profiles in the report are Eurofins Scientific, VWR International LLC, ALS Limited, Genetic ID NA, Inc., LGC Science Group Ltd., International Laboratory Services Ltd., Geneius Laboratories Ltd. Neogen Corporation, AB Sciex LLC, and Scientific Analysis Laboratories

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Detailed Segmentation of Meat Speciation Analysis Market:
By Species Type
o Chicken
o Pig
o Turkey
o Sheep
o Cow
o Horse
o Goat
By Technology
o Molecular diagnostic technique
o Enzyme-linked immune sorbent assay technique (ELISA)
o Polymerase chain reaction technique (PCR)
By Food Type
o Cooked
o Raw
o Processed
Geography
o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)

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