PUBLISHER: Lucintel | PRODUCT CODE: 1416429
PUBLISHER: Lucintel | PRODUCT CODE: 1416429
Animal Feed Safety Testing Trends and Forecast
The future of the global animal feed safety testing market looks promising with opportunities in the poultry feed, dairy feed, equine feed, pet food, and fish feed applications. The global animal feed safety testing market is expected to reach an estimated $2.4 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing incidence of foodborne illness, rising demand for meat and meat product across globe ,and growing number of pet humanization.
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Animal Feed Safety Testing by Segment
The study includes a forecast for the global animal feed safety testing by type, testing type, testing technology, application, and region.
Animal Feed Safety Testing Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Animal Feed Safety Testing Market by Testing Type [Shipment Analysis by Value from 2018 to 2030]:
Animal Feed Safety Testing Market by Testing Technology [Shipment Analysis by Value from 2018 to 2030]:
Animal Feed Safety Testing Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Animal Feed Safety Testing Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Animal Feed Safety Testing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies animal feed safety testing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the animal feed safety testing companies profiled in this report include-
Animal Feed Safety Testing Market Insights
Lucintel forecasts that testing service is expected to witness highest growth over the forecast period.
Within this market, poultry feed will remain the largest segment over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Animal Feed Safety Testing Market
Market Size Estimates: Animal Feed Safety Testing Market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Animal Feed Safety Testing Market by various segments, such as by type, testing type, testing technology, application and region in terms of($B).
Regional Analysis: Animal Feed Safety Testing Market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, testing types, testing technologies, applications, and regions for the animal feed safety testing market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the animal feed safety testing market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the animal feed safety testing market size?
Answer: The global animal feed safety testing market is expected to reach an estimated $2.4 billion by 2030.
Q.2 What is the growth forecast for animal feed safety testing market?
Answer: The global animal feed safety testing market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the animal feed safety testing market?
Answer: The major drivers for this market are growing incidence of foodborne illness, rising demand for meat and meat product across globe, and growing number of pet humanization.
Q4. What are the major segments for animal feed safety testing market?
Answer: The future of the animal feed safety testing market looks promising with opportunities in the poultry feed, dairy feed, equine feed, pet food, and fish feed applications.
Q5. Who are the key Animal Feed Safety Testing Market companies?
Answer: Some of the key animal feed safety testing companies are as follows:
Q6. Which animal feed safety testing market segment will be the largest in future?
Answer: Lucintel forecasts that testing service is expected to witness highest growth over the forecast period.
Q7. In animal feed safety testing market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.