MarketsandMarkets™ Presents GMO Testing Market worth 2.34 Billion USD by 2022

Browse 75 market data tables and 50 figures spread through 179 pages and in-depth TOC on "GMO Testing Market by Trait (Stacked, Herbicide Tolerance, Insect Resistance), Technology (Polymerase Chain Reaction, Immunoassay), Crop Tested, Processed Food Tested, and Region - Global Forecast to 2022“ safety-testing-market html GMO Testing MarketGMO Testing Market by Trait (Stacked, Herbicide Tolerance, Insect Resistance), Technology (Polymerase Chain Reaction, Immunoassay), Crop Tested, Processed Food Tested, and Region - Global Forecast to 2022", The GMO testing market is estimated to be valued at USD 1.58 Billion in It is projected to grow at a CAGR of 8.2% from 2017 to 2022, to reach 2.34 Billion by The base year considered for the study is 2016, and the forecast years are from 2017 to The market is driven by factors such as evolution in farming technologies, diverse genetically modified processed food production, labeling mandates in several countries, and proper nutrient sufficiency. Download PDF Brochure>>

Stacked trait segment projected to be the fastest-growing market during the period 2017–2022” Stacked traits are a combination of more than one transgene in a single crop. Bio-fortified crops which are modified for the production of high nutritional content, HT with IR and disease-resistant traits are popular examples of stacked traits. Soy, corn, and bakery & confectionery products are largely tested for GMOs in the food safety testing market Among the crops and processed foods tested for GMO, crops accounted for the largest market share in 2016, dominated by corn and soy. The bakery & confectionery items are largely tested for GMO testing, which include baking flours, breads, cakes, muffins, and other confectionery & baked goods. The market in breakfast cereals & snacks among processed foods is projected to grow at the highest CAGR due to the presence of a large amount of cereal grains and corn flakes. North America and Europe to dominate the GMO testing market in 2017 The European region is the largest market for GMO testing in Countries such as Germany, France, Italy, Spain, the U.K., and other EU countries are major importers of soy, corn, canola, and other crops and processed foods. The countries in the EU are stringent in GMO regulations, which in turn results in vigorous testing of GMO for safety. Make an Inquiry:

Scope of the Report>> On the basis of Trait, the GMO testing market is segmented as follows: Stacked Herbicide tolerance Insect resistance On the basis of Technology, the GMO testing market is segmented as follows: Polymerase Chain Reaction (PCR) Immunoassay On the basis of Crop Tested, the GMO testing market is segmented as follows: Corn Soy Rapeseed/Canola Potato Others (tomato, sugarbeet, and rice) On the basis of Processed Food Tested, GMO testing market is segmented as follows: Bakery & confectionery Meat & meat products Breakfast cereals & snacks Food additives Other processed food (infant food, dairy products, and processed beverages)

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