Global Residue Testing Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Residue Testing Market is presumed to reach the market size of nearly USD 7.53 Billion by 2032 from USD 4.02 Billion in 2023 with a CAGR of 7.23% under the study period 2024-2032.

Residues are generally referred to as a small number of contaminants or impurities, which remain in or on the agricultural products. These residues include chemicals from pesticides and veterinary medicines, microorganisms, mycotoxins (toxins produced by fungi), and heavy metals such as mercury, lead, or cadmium. These residues are likely to be present in food as a result of agricultural processing or due to natural situations. Residues may cause harmful effects such as allergies to the consumers and further creates health, food safety, and cleanliness issues. Residue testing is done to ensure product quality and compatibility with national and international standards. It is carried out to test the contaminants, pesticides, and food allergens in dairy products, fruits & vegetables, cereals, and processed food.

MARKET DYNAMICS

The major factors that are uplifting the market include the growing food & beverage industry, execution of strict food safety regulations, increasing allergic reactions due to food consumption, and growing chemical contamination in food products. Moreover, the global movement of organic revolution and technological advancement in the testing process is driving the global residue testing market. The other factors that are boosting the market include increasing consumer's awareness and demand for food safety and high-grade food. COVID-19 is likely to disrupt the global market as a result of the economic crisis in all sectors, including the agriculture industry.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Residue Testing. The growth and trends of Residue Testing industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Residue Testing market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

Pesticide Residues
Toxins
Heavy Metals
Food Allergens
Others

By Technology

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

By Food Tested

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

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Residue Testing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Residue Testing market include Silliker Inc., SGS S.A., Bureau Veritas S.A., Intertek Group Plc., Eurofins Scientific, AsureQuality Laboratories, ALS Limited, Microbac Laboratories Inc., Among Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR11212586

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. RESIDUE TESTING - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Technology
- 3.7.3 Market Attractiveness Analysis By Food Tested
- 3.7.4 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL RESIDUE TESTING MARKET ANALYSIS BY TYPE

5.1. Overview By Type
5.2. Historical and Forecast Data
5.3. Analysis By Type
5.4. Pesticide Residues Historic and Forecast Sales By Regions
5.5. Toxins Historic and Forecast Sales By Regions
5.6. Heavy Metals Historic and Forecast Sales By Regions
5.7. Food Allergens Historic and Forecast Sales By Regions
5.8. Others Historic and Forecast Sales By Regions

6. GLOBAL RESIDUE TESTING MARKET ANALYSIS BY TECHNOLOGY

6.1. Overview By Technology
6.2. Historical and Forecast Data
6.3. Analysis By Technology
6.4. Chromatography based (HPCL, GC, LC, LC-MS/MS) Historic and Forecast Sales By Regions
6.5. Spectroscopy Historic and Forecast Sales By Regions
6.6. Immunoassay Historic and Forecast Sales By Regions
6.7. Others Historic and Forecast Sales By Regions

7. GLOBAL RESIDUE TESTING MARKET ANALYSIS BY FOOD TESTED

7.1. Overview By Food Tested
7.2. Historical and Forecast Data
7.3. Analysis By Food Tested
7.4. Meat & Poultry Historic and Forecast Sales By Regions
7.5. Dairy Products Historic and Forecast Sales By Regions
7.6. Processed Foods Historic and Forecast Sales By Regions
7.7. Fruits & Vegetables Historic and Forecast Sales By Regions
7.8. Cereals, Grains & Pulses Historic and Forecast Sales By Regions
7.9. Nuts, Seed & Spice Historic and Forecast Sales By Regions
7.10. Others Historic and Forecast Sales By Regions

8. GLOBAL RESIDUE TESTING MARKET ANALYSIS BY GEOGRAPHY

8.1. Regional Outlook
8.2. Introduction
8.3. North America Sales Analysis
- 8.3.1 Overview, Historic and Forecast Data Sales Analysis
- 8.3.2 North America By Segment Sales Analysis
- 8.3.3 North America By Country Sales Analysis
- 8.3.4 United States Sales Analysis
- 8.3.5 Canada Sales Analysis
- 8.3.6 Mexico Sales Analysis
8.4. Europe Sales Analysis
- 8.4.1 Overview, Historic and Forecast Data Sales Analysis
- 8.4.2 Europe By Segment Sales Analysis
- 8.4.3 Europe By Country Sales Analysis
- 8.4.4 United Kingdom Sales Analysis
- 8.4.5 France Sales Analysis
- 8.4.6 Germany Sales Analysis
- 8.4.7 Italy Sales Analysis
- 8.4.8 Russia Sales Analysis
- 8.4.9 Rest Of Europe Sales Analysis
8.5. Asia Pacific Sales Analysis
- 8.5.1 Overview, Historic and Forecast Data Sales Analysis
- 8.5.2 Asia Pacific By Segment Sales Analysis
- 8.5.3 Asia Pacific By Country Sales Analysis
- 8.5.4 China Sales Analysis
- 8.5.5 India Sales Analysis
- 8.5.6 Japan Sales Analysis
- 8.5.7 South Korea Sales Analysis
- 8.5.8 Australia Sales Analysis
- 8.5.9 South East Asia Sales Analysis
- 8.5.10 Rest Of Asia Pacific Sales Analysis
8.6. Latin America Sales Analysis
- 8.6.1 Overview, Historic and Forecast Data Sales Analysis
- 8.6.2 Latin America By Segment Sales Analysis
- 8.6.3 Latin America By Country Sales Analysis
- 8.6.4 Brazil Sales Analysis
- 8.6.5 Argentina Sales Analysis
- 8.6.6 Peru Sales Analysis
- 8.6.7 Chile Sales Analysis
- 8.6.8 Rest of Latin America Sales Analysis
8.7. Middle East & Africa Sales Analysis
- 8.7.1 Overview, Historic and Forecast Data Sales Analysis
- 8.7.2 Middle East & Africa By Segment Sales Analysis
- 8.7.3 Middle East & Africa By Country Sales Analysis
- 8.7.4 Saudi Arabia Sales Analysis
- 8.7.5 UAE Sales Analysis
- 8.7.6 Israel Sales Analysis
- 8.7.7 South Africa Sales Analysis
- 8.7.8 Rest Of Middle East And Africa Sales Analysis

9. COMPETITIVE LANDSCAPE OF THE RESIDUE TESTING COMPANIES

9.1. Residue Testing Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments

10. COMPANY PROFILES OF RESIDUE TESTING INDUSTRY

10.1. Top Companies Market Share Analysis
10.2. Market Concentration Rate
10.3. Silliker Inc.
- 10.3.1 Company Overview
- 10.3.2 Company Revenue
- 10.3.3 Products
- 10.3.4 Recent Developments
10.4. SGS S.A.
- 10.4.1 Company Overview
- 10.4.2 Company Revenue
- 10.4.3 Products
- 10.4.4 Recent Developments
10.5. Bureau Veritas S.A.
- 10.5.1 Company Overview
- 10.5.2 Company Revenue
- 10.5.3 Products
- 10.5.4 Recent Developments
10.6. Intertek Group Plc.
- 10.6.1 Company Overview
- 10.6.2 Company Revenue
- 10.6.3 Products
- 10.6.4 Recent Developments
10.7. Eurofins Scientific
- 10.7.1 Company Overview
- 10.7.2 Company Revenue
- 10.7.3 Products
- 10.7.4 Recent Developments
10.8. AsureQuality Laboratories
- 10.8.1 Company Overview
- 10.8.2 Company Revenue
- 10.8.3 Products
- 10.8.4 Recent Developments
10.9. ALS Limited
- 10.9.1 Company Overview
- 10.9.2 Company Revenue
- 10.9.3 Products
- 10.9.4 Recent Developments
10.10. Microbac Laboratories Inc.
- 10.10.1 Company Overview
- 10.10.2 Company Revenue
- 10.10.3 Products
- 10.10.4 Recent Developments
10.11. Among Others
- 10.11.1 Company Overview
- 10.11.2 Company Revenue
- 10.11.3 Products
- 10.11.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies