1. What is the projected Compound Annual Growth Rate (CAGR) of the Meat & Poultry Safety Testing Market?
The projected CAGR is approximately 7.7%.
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Meat & Poultry Safety Testing MarketMeat & Poultry Safety Testing Market by Food Product (Meat [Beef, Pork, Lamb, Goat, Others], Poultry [Chicken, Eggs, Turkey, Others]), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2026-2034
The Meat & Poultry Safety Testing Market size was valued at USD 11.21 USD Billion in 2023 and is projected to reach USD 18.84 USD Billion by 2032, exhibiting a CAGR of 7.7 % during the forecast period. Meat and poultry safety testing means a scientific approach to assessing safety involving the examination and testing of the meat and poultry products for any threat as they move toward the end users. Such tests involve microbiological tests that can identify bacteria such as Salmonella, E. colocae, and Listeria that are lethal when ingested through food products. Also, there is a chemical test that may be performed to detect antibiotic residue, pesticide residue, and heavy metals respectively. These tests check whether the food products conform to the standard set down in the code of practice on food hygiene and food safety standards with the implied aim of protecting the health of the populace. Sophisticated and increasingly applied methods like Polymerase Chain Reaction PCR and Enzyme-Linked Immunosorbent Assay ELISA are employed due to their ability to instantly detect presence of the contaminants aiming to produce safe meat and poultry products.
Food Product:
The report provides an in-depth analysis of the meat and poultry safety testing market, including key drivers, challenges, and opportunities. It also includes detailed market segmentation, vendor profiles, and industry case studies.
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| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 7.7% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 7.7%.
Key companies in the market include Intertek Group Plc, SGS S.A., Eurofins Scientific SE, TUV SUD AG, Thermo Fisher Scientific, Bureau Veritas S.A., Merieux NutriSciences Corporation, Neogen Corporation, Romer Labs Division Holdings, GmbH, and Microbac Laboratories, Inc. are the key companies operating in the global meat & poultry safety testing market..
The market segments include Food Product.
The market size is estimated to be USD 11.21 USD Billion as of 2022.
Increasing Use of UCO in Biodiesel Industry Drives Market Growth.
N/A
Lack of Legal Approval to Certain Nootropic Substances May Restrict the Market Growth.
N/A
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.
The market size is provided in terms of value, measured in USD Billion.
Yes, the market keyword associated with the report is "Meat & Poultry Safety Testing Market," which aids in identifying and referencing the specific market segment covered.
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