Global Residue Testing Market Will Conquer Of Over 6% During The Forecast Period

25-Feb-2020 | Zion Market Research

Zion Market Research has published a new report titled “Global Residue Testing Market – By Type (Pesticides Residues, Toxins, Heavy Metals, Food Allergens, and Others), By Technology (Chromatography, Spectroscopy, Immunoassay, and Others), By Food Tested (Meat & Poultry, Dairy Products, Processed Food, Fruits & Vegetables, Cereals, Grains & Pulses, Nuts, Seed & Spice, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” According to the report, global demand for the Residue Testing market was valued over USD 3 Billion in 2019 and is expected to reach a CAGR of 6.10% between 2019 and 2025.

Browse the full “Global Residue Testing Market – By Type (Pesticides Residues, Toxins, Heavy Metals, Food Allergens, and Others), By Technology (Chromatography, Spectroscopy, Immunoassay, and Others), By Food Tested (Meat & Poultry, Dairy Products, Processed Food, Fruits & Vegetables, Cereals, Grains & Pulses, Nuts, Seed & Spice, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/residue-testing-market

Global Residue Testing Market

Pesticide residues category is expected to dominate the global Residue Testing market during the forecast period

Pesticide residue is expected to hold the majority of the market share during the forecast period owing to the stringent regulations laid on pesticide use by the European Union and the US, among others. The use of pesticides such as DDT—which is banned in the US —by countries like India makes it necessary for the food manufacturers and government authorities to scan imported foods whether it has complied with the permitted maximum residue levels (MRLs). Thus, the demand for residue testing is estimated to rise over the years.

Chromatography category is projected to grow at the highest CAGR during the forecast period

Chromatography techniques are the fastest-growing category in the global Residue Testing market owing to the increasing demand for the detection of contaminants such as pesticide residues, food allergens, toxins, pathogens, and heavy metals. The speed, efficiency, easy operation, and less of labor makes chromatography as a perfect technology for residue testing.

Asia Pacific is expected to witness fastest growth in the global Residue Testing market

Asia Pacific is expected to dominate the global Residue Testing market owing to the increasing demand for residue testing techniques in China. The residue testing market is driven by the increasing number of food safety regulations followed in China. In addition, the high exporting of Chinese agricultural food to the European regions is anticipated to help the Asia Pacific region dominate.

Key Market Players

Some of the key players of the global Residue Testing market include Silliker, Inc., SGS S.A., Bureau Veritas S.A., Intertek Group Plc., Eurofins Scientific, AsureQuality Laboratories, ALS Limited, and Microbac Laboratories, Inc., among others.

The report on the global Residue Testing market is segmented into:

Global Residue Testing Market: By Type Segmentation Analysis

  • Pesticide Residues
  • Toxins
  • Heavy Metals
  • Food Allergens
  • Others

Global Residue Testing Market: By Technology Segmentation Analysis:

  • Chromatography based (HPCL, GC, LC, LC-MS/MS)
  • Spectroscopy
  • Immunoassay
  • Others

Global Residue Testing Market: By Food Tested Segmentation Analysis

  • Meat & Poultry
  • Dairy Products
  • Processed Foods
  • Fruits & Vegetables
  • Cereals, Grains & Pulses
  • Nuts, Seed & Spice
  • Others

Global Residue Testing Market: By Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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