Europe Genetically Modified Food Safety Testing Market

Europe Genetically Modified Food Safety Testing Market Size (2024 to 2029)

The Europe Genetically Modified Food Safety Testing Market is expected to be worth USD 0.62 billion in 2024 and is estimated to be growing at a CAGR of 7.96 %, to reach USD 0.92 billion by 2029.

MARKET OVERVIEW

Genetically modified foods, also called genetically engineered foods, are produced by organisms in which certain changes have been introduced to their genetic material using some techniques of genetic engineering. These techniques allow the researchers to introduce new traits which are previously not present in that organism.

As the DNA of the organisms has been altered, certain characteristics of the organisms might also have been changed. In order to ensure that the changes that occurred do not cause any negative effects, safety testing has to be done to food produced from such organisms. Safety testing generally tests for the characteristics of food such as toxicity, allergenicity, stability of altered or inserted genes and nutritional effects of the food resulting from genetic modification.

Technological advancements in genetic engineering which allow greater control over traits than other methods and the increasing need for enhanced nutritional food products are expected to drive the market. The possibility of unintended harmful effects due to gene insertion and toxicity of genetically modified foods for humans are also driving the market. However, public concerns regarding the safety of GM foods, environmental impacts, and varying regulatory status in different countries are restricting the market growth.

This research report on the Europe Genetically Modified Food Safety Testing market has been segmented and sub-segmented into the following categories.

Europe Genetically Modified Food Safety Testing Market By Classification

The Genetically Modified Food Safety Testing Market is segmented on the basis of trait, technology, crop tested and processed food tested, and region. On the basis of traits, the market is segmented into stacked, herbicide tolerance, and insect resistance. Stacked trait holds the largest market segment due to the protection against insects as well as herbicide tolerance. On the basis of technology, the market is segmented into immunoassay and polymerase chain reaction. PCR is largely used in the testing process. On the basis of crop testing, the market is segmented into Corn, potato, soya bean, canola, and others. On the basis of processed food tested, the market is segmented into Meat and Meat products, Bakery and confectionary, breakfast cereals and snacks, food additives, and other processed food.

Europe Genetically Modified Food Safety Testing Market By Country

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

On the basis of geography, the Europe market is segmented into the U.K., Germany, France, Spain, and Italy. Europe is the fastest-growing market for GM food safety testing. As many countries in Europe are large food importers, GM foods are increasing in demand.

KEY MARKET PLAYERS

Some of the major companies in this market are Monsanto, Emsl Analytical Inc., Genetic Id Na, Inc., Bio-Rad Laboratories, Inc., Eurofins Scientific Se, Intertek Group Plc, OmicUsa Inc., Sgs S.A., Romer Labs Division Holding GmbH