Pesticide Residue Testing Market Overwhelming Hike In Near Future With Segments, Growth, Share, Revenue and Forecast

 


Market Analysis and Insights of Global Pesticide Residue Testing Market

Data Bridge Market Research analyses that the pesticide residue testing market was valued at 1.34 billion in 2021 is expected to reach the value of USD 2.43 billion by 2029, at aw CAGR of 7.70% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Pesticide residue is subject to stringent legislation around the world in order to protect customers. Pesticide residue testing is an important tool for identifying and controlling pesticide residues in accordance with national and international regulations. Excessive pesticide use can result in dangerous levels of harmful chemicals entering the food chain. Fresh produce is the most vulnerable to pesticide residues and is consumed in more significant quantities.

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 Market Scope and Global Pesticide Residue Testing Market

The major players covered in the pesticide residue testing market report are Eurofins Scientific, Bureau Veritas, SGS S.A., Intertek Group plc., Silliker, Inc., ALS, AsureQuality Limited, Scientific Certification Systems, Inc., Microbac Laboratories, Inc. and Symbio Laboratories among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Global Pesticide Residue Testing Market Scope

The pesticide residue testing market is segmented on the basis of type, technology, food tested and class. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Herbicides
  • Insecticides
  • Fungicides
  • Others

Technology

  • LC-MS/GC-MS
  • High Performance Liquid Chromatography (HPLC)
  • Gas Chromatography and Others

Food tested

  • Meat & Poultry
  • Dairy Products
  • Processes Food
  • Fruits & Vegetables
  • Cereals
  • Grains & Pulses
  • Others

Class

  • Organochlorines
  • Organophosphates
  • Organonitrogens
  • Carbamates
  • Others

 

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Pesticide Residue Testing Market Dynamics

Drivers

  • Rising risk of pesticide residue contamination

Pesticide residues testing market is expected to grow during the forecast period due to increased risk of pesticide residue contamination in livestock feed and rising incidences of pesticide residue occurrences in crops. With the global population growing, effective pesticide residue testing methods are required for sustainable food production. The global pesticide residue testing market is being driven by the implementation of stringent food safety regulations, advancements in testing technologies, and international trade of food materials.

 Stringent regulations laid by government on implementation of testing

Throughout the world, various governments and regulatory bodies have made testing of animal feed and food ingredients mandatory. Animal feed is not approved for marketing unless its safety and efficacy have been proven. Such precautions to avoid contamination, chemicals, and toxic presence have significantly impacted the growth of the pesticide residue testing market. Many countries have enacted specific regulations for pesticide residues in food and animal feed to protect human and animal health.

Opportunity

Increasing food trade across the borders of emerging markets expands the market's opportunity for growth. The rising number of food-borne illnesses and poor sanitation and processing conditions in factories in a few countries necessitate the need for pesticide residue testing of food. The implementation of regulations in emerging economies that have entered the food trade and the authorization of authorities to prohibit the import and supply of contaminated food and enforce food recalls are expected to increase demand for testing services in these regions. Furthermore, increasing cases of mycotoxicosis outbreaks in Asia and Africa are expected to create significant growth opportunities for pesticide residue testing in these regions.

 

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