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+6% CAGR, Future Agricultural Testing Market Will Register USD 7.7 Billion By 2025 | Top Key players: SGS, Eurofins, Intertek, Bureau Veritas, ALS Limited, TUV Nord Group, Mérieux, Asurequality, RJ Hill Laboratories, Agrifood Technology

04-29-2019 03:08 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Research Reports Inc.

Agricultural Testing market

Agricultural Testing market

Increase in outbreaks of foodborne illnesses and rapid industrialization leading to the disposable of untreated industrial waste are some key trends that are responsible for the wide adoption of agricultural testing globally. Moreover, the growing demand for nutritious food would increase the adoption of agricultural testing as these are used to grow a nutritious and healthy crop. Global Agricultural Testing market is significantly driven by Increase in outbreaks of foodborne illnesses. According to the Centers for Disease Control and Prevention in November 2018, approximately 48 million get sick and 1,28,000 are hospitalized, 3,000 die from foodborne diseases each year in the United States. Additionally, Salmonella is the most common known cause of hospitalization owing to the food poising in the United States with around 19,000 cases per year. Also, the economic burden of foodborne illness is estimated to be around $77.7 billion, that is spent towards health-related costs and loss of productivity. Hence, in order to get rid of foodborne illness, the adoption of agricultural treating would increase thereby, aiding the growth of the market over the forecast period of 2018-2025. Further, technological advancements in the testing industry offer lucrative growth prospects for the global agricultural testing market globally over the forecast period. However, high costs related to the procurement of rapid agricultural testing equipment is the major factor that impedes the growth of the global agricultural testing market.

Research Reports Inc. published a new ‘ Agricultural Testing Market 2019’ Report. The Agricultural Testing market will record a healthy CAGR of +6% in terms of revenue & expected to reach 7.7 billion by 2025. The market is segmented into Asia Pacific, North America, Europe, and the Rest of the World. Europe has occupied a major share in the global agricultural testing market. The major reasons for the dominance of Europe are stringent regulation of food safety and with laws related to nutritional contents, labeling and chemicals. The dominance of the Europe region is witnessed owing to the presence of a high number of testing laboratories across Europe. Whereas, Asia-Pacific is expected to emerge as the fastest growing region headed by Japan, China, India, and Australia in terms of market share. The growth of the Asia-Pacific region is witnessed owing to implementation of regulations for food testing and growing awareness about food safety norms.

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Top Key Players Covered In This Report:

1. SGS
2. Eurofins
3. Intertek
4. Bureau Veritas
5. ALS Limited
6. TUV Nord Group
7. Mérieux
8. Asurequality
9. RJ Hill Laboratories
10. Agrifood Technology

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. This study considers the Agricultural Testing value generated from the sales of the following segments:

Segmentation By Sample:

• Soil
• Water
• Seed
• Compost
• Manure
• Biosolids
• Plant Tissue

Segmentation By Source:

• Safety Testing
• Toxins
• Pathogens
• Heavy Metals
• Pesticides
• Others
• Quality Assurance

Segmentation By Technology:

• Conventional Technology
• Agar Culturing
• Rapid Technology
• Spectrometry & Chromatography
• Polymerase Chain Reaction (PCR)
• Enzyme-Linked Immunosorbent Assay (ELISA)

This report also splits the market by region: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey & others.

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Why Purchase Agricultural Testing Market Report:

1. To Analyze the various market perspectives during the forecast year 2019-2025.
2. Identify the top competitors, the latest developments, upcoming strategies by Agricultural Testing market players.
3. Identify the market approach, research methodology and market dynamics of Agricultural Testing market.
4. Identify the market size, share and competitive intelligence of Agricultural Testing market
5. Identify the Agricultural Testing market segment by types, end-users, and regions.
6. To analyze the market investments and future market trends of Agricultural Testing market.

Summary:

The report gathers the essential information including the new strategies for growth of the industry and the potential players of the global Agricultural Testing Market. It enrolls the major industry player imperious the global Agricultural Testing Market along with their contribution to the global market.

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About Research Reports Inc.:

Research Reports Inc. offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries around the globe. Research Reports Inc. understands how imperative numerical surveying knowledge is for your management. Therefore, we have associated with the leading publishers and research firms all specially designed in specific domains, ensuring you will receive the most devoted data available.

Contact Us:

David Jones (Sales Manager) - Research Reports Inc.
Phone: US +1-855-419-2424 | Direct: +440330807757
sales@researchreportsinc.com
www.researchreportsinc.com

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