The global genetically modified food safety testing market is expected to witness significant growth over the forecast period. World Health Organization states that genetically modified (GM) foods are the ones derived from organisms whose genetic material (DNA) has been modified in a way that does not occur naturally, e.g. through the introduction of a gene from a different organism. Monsanto is the primary marker of genetically modified seeds; responsible for 90 percent of the genetically engineered seed on the United States market.
The global genetically modified food safety testing market is segmented on the basis of Trait, Technology, Crop tested, processed food tested, and region.
On the basis of Trait, the global market for genetically modified food safety testing is classified into Stacked, Herbicide Tolerance, and Insect Resistance. Herbicide tolerance is achieved through the introduction of a gene from a bacterium conveying resistance to some herbicides. Resistance against insects is achieved by incorporating into the food plant the gene for toxin production from the bacterium Bacillus thuringiensis (Bt). Stacked trait accounts for the largest share in the market; which is then followed by herbicide tolerance and insect resistance. Stacked trait consists of a various mixture of traits introduced in crops to ensure protection against insects as well as usage of harsh agrochemicals. In the Asia Pacific region, the stacked varieties also include bio-fortification traits to produce high nutrition food crops.
On the basis of technology, the global GM food safety testing market is classified into Polymerase Chain Reaction (PCR-based)- PCR and real-time PCR are the methods of choice for GMO detection and quantification. This is because it is possible to extract high-quality DNA for GMO analysis from raw materials like seeds or certified reference materials (CRMs) and Immunoassay. On an average, GM technology adoption has reduced chemical pesticide use by 37%, increased crop yields by 22%, and increased farmer profits by 68% (as per meta-study published in PLOS ONE (2014 edition)).
On the basis of Crop Tested, the global market is classified into Corn, Soybean, Rapeseed/Canola, Potato, and Others (tomato, sugar beet, and rice). As many as half of the U.S.-farms growing corn for Monsanto are using genetically modified corn; and much of it is intended for human consumption. The tomato was engineered to produce higher levels of nutrients called anthocyanin, which has been shown to be protective against a wide variety of human diseases. The golden rice project seeks to bring vitamin A enriched rice to market to help prevent nearly 500,000 cases of childhood blindness and 2 million deaths caused by vitamin A deficiency in the third world countries each year.
On the basis of Processed Food Tested, the global market for genetically modified food safety testing is classified into bakery & confectionery, Meat & meat products, Breakfast cereals & Snacks, Food additives, and the other processed food (infant food, dairy products, and processed beverages). General Accounting Office (GAO) report concluded that all commercial GE food products produced to date in the U.S. have been adequately tested for safety by the U.S. Food and Drug Administration and pose no unique hazards. The processed food tested accounted for the largest market share in 2014, dominated by corn and soy. The market in breakfast cereals & snacks among processed foods is projected to grow at the highest CAGR due to the presence of a large number of cereal grains and corn flakes.
Geographically, the global GM food safety testing market is classified into North America, Europe, Asia Pacific, and Rest of the World. The U.S. accounts for the largest share in the global market; and is focusing on the increased usage of advanced technologies and a wider range of foods tested for GM food safety testing. The awareness among the consumers with regards to GM foods is increasing in importing countries of Europe and Asia Pacific. England is the fastest-growing country-level market for GM food safety testing in the world and records the second highest in terms of value in the European region.
Major players operating in the genetically modified food safety testing market include Monsanto, Bio-Rad Laboratories, Inc., Emsl Analytical Inc., Eurofins Scientific Se, Genetic Id Na, Inc., IfpInstitut fur Produktqualitat GmbH, Intertek Group Plc., OmicUsa Inc., Romer Labs Division Holding GmbH, Sgs S.A., Silliker, Inc.
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