The global Meat Speciation Testing market size was valued USD 2.1 billion in 2021 and is expected to rise to USD 3.7 billion by 2028 at a CAGR of 8.5%.
FrequentlyAsked Questions
The growth of the global meat speciation testing market is driven by the rising health concern among the consumers and high demand for packaged meat. Moreover, the increasing consumption of meat across the globe positively influenced the market growth during the forecast period.
According to the report, the global meat speciation testing market size was worth around USD 2.1 billion in 2021 and is predicted to grow to around USD 3.7 billion by 2028 with a compound annual growth rate (CAGR) of roughly 8.5% between 2022 and 2028.
The global meat speciation testing market growth is expected to be driven by Europe. It is currently the world’s highest revenue-generating market owing to an increase in severe food laws, consumer awareness, and an increase in the meat trade in the region.
The global meat speciation testing market is dominated by players like Eurofins Scientific, VWR International, LLC, Rapid Test Methods Ltd., AB Sciex Pte. Ltd., LGC Limited, Neogen Corporation, ALS, BioCheck, Inc., EnviroLogix, EMSL Analytical, Inc., among others.
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