Europe Genetically Modified Food Safety Testing Market

Europe Genetically Modified Food Safety Testing Market Overview:

Europe Genetically Modified Food Safety Testing Market was worth USD xx billion in 2021, and is estimated to be growing at a CAGR of xx%, to reach USD XX billion by 2026. Genetically modified foods, also called as 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 for 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 occurred do not cause any negative effects, safety testing has to be done to food produces from such organisms. The safety testing generally tests for the characteristics of food such as toxicity, allergenicity, stability of altered or inserted gene and nutritional effects of the food resulted from genetic modification.

Technological advancements in genetic engineering which allows greater control over traits than other methods and 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.

Europe Genetically Modified Food Safety Testing Market Clasification Analysis:

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 trait, 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 tested, 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.

Regional Analysis:

On the basis of geography, the Europe market is segmented into 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.

Europe Genetically Modified Food Safety Testing Market key 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.