Global Immunoassay-based Food GMO Testing Market Size To Grow At 4.6% CAGR From 2023 to 2030

Global Immunoassay-based Food GMO Testing Market Analysis (2023 - 2030) 

As per our research report, the global Immunoassay-based Food GMO Testing Market size is estimated to be growing at a CAGR of 4.6% from 2023 to 2030. 

The COVID-19 pandemic has caused a lot of chaos in the food industry. Due to movement restrictions, social distancing, lockdowns, labor shortages, and shutdowns, the testing was compromised. Furthermore, public fear and the media instilled a lot of myths regarding GMOs. This caused a lot of havoc and not all samples were sent for testing.

The increased production of genetically modified crops over the years has fuelled the growth of the Global Immunoassay based food GMO testing Market.

After identifying the information or the trait in a particular GMO, the genes are copied into the desired genome of the organism and grown in culture labs for further development. Although the ethics and the principle were questioned earlier, a lot of people are becoming aware of the benefits it offers. To name a few, GMOs offer disease resistance, more yield, suitability for weather conditions, better taste, and enhanced nutrition. New policies and safety regulations are being adopted by developed and developing countries. Demands for testing GMO foods and the development of reliable GMO analytical methods have been dramatically increasing. This has led to an overall increase in the number of tests over the years. Additionally, immunoassays are affordable and more economical than DNA-based methods.

Secondly, Technological advancements have boosted the growth of the Global Immunoassay based food GMO testing Market. New equipment is being employed in farming practices like aerial sensors, moisture sensors, and GPS technology which has increased profits and efficiency. Apart from these, the technology is inclined towards being environment friendly. These factors have led to an exponential curve towards the production of GMO which eventually has positively impacted the testing sector.

However, lack of proper implementation of rules and regulations, incomplete knowledge of farmers, poor infrastructure and lab facilities, unaffordability for testing, hesitation of consumers regarding GMO, and ethnic ground morale are the main challenges and restraints that hampers and affect the Immunoassay based food GMO testing Market.

KEY MARKET INSIGHTS: 

  • Based on immunoassay techniques, ELISA and Lateral flow strip tests are the two types. ELISAs have been developed to detect and partially quantify a unique GM protein or characteristic. Several ELISA methods have been developed to date that are specific for gene products commonly expressed in GM plants, such as the neomycin phosphotransferase II (nptII) gene product, the enzyme 5-pyruvylshikimate-3-phosphate synthase (EPSPS), the Bacillus thuringiensis (Bt) insecticide Cry1Ab, and the herbicide-tolerant phosphinotricin acetyltransferase. The lateral flow strip technique is an ELISA variant in which antibodies are immobilized on a test strip in specified zones. The flow strips' objective is to provide a quick test for the detection of GMOs. The test may be done using a kit and does not require any special equipment. These strips are appropriate for on-site use and need little training.

  • Based on the trait, insect resistance testing holds the highest share in 2022. Insect Resistance is very common amongst GMO Insects that consume genetically engineered crops and may acquire tolerance to the protein that normally kills them. This is something to keep a watch on in the future since certain GM technologies that are currently successful will become less effective when particular insects develop resistance. One of the key features added to genetically modified organisms, or GMOs, is resistance to certain herbicides. This was done to give new tools for managing and controlling weeds in agricultural plant fields. Farmers can spray the entire field with herbicide, but only the weeds will die. Herbicide tolerance is one of the fastest-growing sectors for the Global Immunoassay based food GMO testing Market in 2022.

  • Based on the crop type, corn holds the highest share in Global Immunoassay based food GMO testing Market for the year 2022. There has been a significant increase in the production of GMO crops over the last 20 years. Corn is most commonly grown in the United States. Thereby, testing facilities are crucial. The fastest-growing GMO is soy as of 2022. GM soy has an increased yield and lower loss of damage thereby demanding more supply from the consumers.

  • The region of North America dominated the Global Immunoassay based food GMO testing Market in the year 2022. The early and vast adoption of cutting technologies, demand in diagnostics, the economy, and public acceptance of GMOs has boosted the share. The United States, Mexico, and Canada are among the top leading countries. Due to an increase in the use of novel laboratory methods and processes for speedier investigation and an increase in the identification of infectious and chronic ailments in this area, Asia-Pacific is the projected fastest region for growth in the immunoassay food testing market.

  • Companies playing a leading role in the Global Immunoassay based food GMO testing Market are Thermo Fisher Scientific, SGS S.A., Bureau Veritas SA, Intertek Group PLC, and Eurofins Scientific SE.

MARKET SEGMENTATION: 

By Immunoassay Techniques:

  • ELISA

  • Lateral Flow Strip Test

By Trait:

  • Stack

  • Herbicide Tolerance

  • Insect Resistance

By Crop Type:

  • Corn

  • Soy

  • Potato

  • Others

By Region:

  • North America

  • Europe

  • Asia Pacific

  • Middle East & Africa

  • South America

 

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