Global Residue Testing Market

Dec 2018| VMR115A| Verified Market Research

Report Highlights

Global Residue Testing Market

By Type (Food Allergens, Heavy Metals, Pesticides), By Food tested (Meat & Poultry, Cereals, Grains & Pulses, Fruits & Vegetables), By Technology (Spectroscopy, Immunoassay, Immunoassay), By Region (North America, Europe, Asia Pacific, Rest of World).

Market Overview:

The Global Residue Testing Market was valued at USD 3.28 billion in 2016 and is projected to reach USD 5.59 billion by 2025, growing at a CAGR of 6.10% from 2017 to 2025.
Residue Testing Market is expected to grow due to strong demand for packaged foods and special diets. Many regions have implemented the tolerance level in food products which is fueling the residue market growth. Maximum pesticides residue have been found in regulatory bodies which are part of food safety and environment across the globe. Pesticides are always analyzed before usage for possible health factors in humans.

 

 

 

Market Dynamics:
1. Market Drivers
1.1 International trading of food products.
1.2 Rise in allergic reactions among consumers.
1.3 Implementing strict and safety food regulations.
1.4 High rise in chemical contamination in food industries.

2. Market Restraints
2.1 No awareness about safety regulations among manufacturers.
2.2 Lack of infrastructure and resources.

Market Segmentation:
The Global Residue Testing Market is segmented on the basis of Type, Food tested, Technology and Region.

1. By Type:
1.1 Food Allergens
1.1.1 Wheat
1.1.2 Peanut & Soy
1.1.3 Milk
1.1.4 Wheat
1.1.5 Tree Nuts
1.1.6 Egg
1.1.7 Other Allergens
1.2 Heavy Metals
1.2.1 CADMium
1.2.2 Arsenic
1.2.3 Lead
1.2.4 Mercury
1.2.5 Others.
1.3 Toxins
1.3.1 Mycotoxins
1.3.1.1 Ochratoxins
1.3.1.2 Aflatoxins
1.3.1.3 Patulin
1.3.1.4 Fusarium
1.3.2 Other Toxins
1.4 Pesticides 
1.4.1 Insecticides
1.4.2 Herbicides
1.4.3 Fungicides
1.4.4 Other Pesticides
1.5 Other Residues

2. By Food Tested:
2.1 Meat & Poultry
2.2 Processed Food
2.3 Cereals, Grains & Pulses
2.4 Nut, Seed & Spice Products
2.5 Fruits & Vegetables
2.6 Dairy Products
2.7 Other Foods Tested

3. By Technology:
3.1 Spectroscopy
3.2 Chromatography (HPCL, GC, LC, LC-MS/MS)
3.3 Immunoassay
3.4 Spectroscopy
3.5 Other Technologies

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Rest of World.
Competitive Landscape:
The major players in the market are as follows:
1. Eurofins Scientific SE
2. SGS S.A.
3. Silliker, Inc
4. Asurequality Limited
5. Microbac Laboratories, Inc.
6. Bureau Veritas S.A
7. Intertek Group PLC
8. ALS Limited
9. SCS Global Services
10. Symbio Alliance

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Residue Testing Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
CUSTOM RESEARCH

Need a custom data table, graph or complete report? Tell us more.

Contact Us
Share This Report