North America Feed Testing Market

North America Feed Testing Market Forecast 2022 - 2027:

North America Feed Testing Market is expected to reach USD 520.75 million by 2026 from USD 421.35 million in 2021, growing at a CAGR of 8.93%.

The Feed Testing market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the increase in demand for the inclusion of specific additives in feed, like proteins, and therefore the need for feed testing. The bigger companies in the agricultural sector have shown interest in the market in recent years.

Feed testing is used in tests for pathogens, pesticides, mycotoxin, etc. in order to make sure of the absence of any contamination that might be responsible for food poisoning, toxicity, or any other illness. These tests are really important to maintain proper animal hygiene and hence improve their productivity.

Drivers and Restraints:

The rise in the demand for sustainable and high-quality animal nutrition products has led to significant growth in the market lately. Other major factors responsible for driving the Feed Testing Market are compulsion of analysis of feed quality and safety, management of operating cost of feed productions, emerging customized services as time, and cost-effective solutions. The market has been facing a few challenges and restraints as well. Some of them are lack of farmers’ awareness related to feeding regulations, need for expert analysis for using advanced testing technologies for extensive preparation of the sample. These factors have held down the market in its track.

NORTH AMERICA FEED TESTING MARKET REPORT COVERAGE:

Market Segmentation:

North America Feed Testing Market – By Type:

• Nutritional Labelling Analysis

• Crop Chemicals Analysis
• Fats & Oils Analysis
• Pathogen Testing
• Mycotoxin Testing

The market share was dominated by the Pathogen testing segment.

North America Feed Testing Market – By Livestock:

• Swine
• Cattle
• Poultry
• Aquaculture
• Pet foods
• Other livestock

The segment cattle accounted for the biggest share in the market on the basis of livestock due to the increase in cattle meat production in recent years and is expected to grow even further.

Geographical Analysis:

On the basis of geography, the North America market is analyzed under various regions namely

• United States
• Canada.

Key Players:

Some of the major companies dominating the market, by their products and services include Adpen Laboratories Inc., Eurofins Scientific, Bureau Veritas SA, Institut Für Produktqualität Gmbh (IFP), Genon Laboratories Ltd., Intertek Group Plc, Romer Labs Inc., R J Hill Laboratories Ltd, Silliker Inc, SGS SA.