Asia-Pacific Feed Testing Market has been estimated at USD 151.75 million in 2021 and is projected to reach USD 310.1 million by 2026, at a CAGR of 9.46% during the forecast period from 2022 - 2027
The Feed Testing market is showcasing significant potential in the mentioned forecast period. The market continues to build up momentum with the rising demand for specific feed additives like proteins being included and thus the requirement for testing of feed. The companies in the agricultural industry have been showing significant interest in the market recently.
Feed testing is generally used to test for pesticides, pathogens, mycotoxin, etc. in order to ensure the absence of any contaminants that may be responsible for food poisoning, toxicity, or any other illness. These tests are necessary for maintaining proper animal health and thus improving their productivity.
Drivers and Restraints:
Rising demand for high-quality and sustainable animal nutrition products has led to the rapid growth of the market in recent years. Other factors driving the Feed Testing Market include compulsory analysis of feed safety and quality, customized services emerging as cost and time-effective solutions, management of feed productions’ operating costs. The market also faces some restraints and challenges as well. Some of these are lack of awareness among farmers about animal feed regulations, Expert analysis required to use advanced testing technologies for extensive sample preparation. These factors have been responsible for holding the market.
ASIA-PACIFIC FEED TESTING MARKET REPORT COVERAGE:
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REPORT METRIC |
DETAILS |
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Market Size Available |
2021 – 2026 |
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Base Year |
2020 |
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Forecast Period |
2022 - 2027 |
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CAGR |
9.46% |
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Segments Covered |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
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Market Leaders Profiled |
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. |
Market Segmentation:
On the basis of geography, the Asia-Pacific market is analyzed under various regions namely
Major Key Players:
Some of the major companies dominating the market, by their products and services Bureau Veritas SA, Adpen Laboratories Inc., Eurofins Scientific, Institut Für Produktqualität Gmbh (IFP), Genon Laboratories Ltd., Intertek Group Plc, Romer Labs Inc., R J Hill Laboratories Ltd, SGS SA, Silliker Inc.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Crop Chemicals
5.1.3 Nutritional Labelling
5.1.4 Pathogen Testing
5.1.5 Fats & Oils Analysis
5.1.6 Mycotoxin Testing
5.1.7 Y-o-Y Growth Analysis, By Type
5.1.8 Market Attractiveness Analysis, By Type
5.1.9 Market Share Analysis, By Type
5.2 Livestock
5.2.1 Introduction
5.2.2 Poultry
5.2.3 Swine
5.2.4 Cattle
5.2.5 Ruminant
5.2.6 Aquaculture
5.2.7 Pet Foods
5.2.8 Y-o-Y Growth Analysis, By Livestock
5.2.9 Market Attractiveness Analysis, By Livestock
5.2.10 Market Share Analysis, By Livestock
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Livestock
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Livestock
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Livestock
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Adpen Laboratories Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Eurofins Scientific
8.3 Bureau Veritas SA
8.4 Genon Laboratories Ltd.
8.5 Intertek Group Plc
8.6 Institut Für Produktqualität Gmbh (IFP)
8.7 R J Hill Laboratories Ltd
8.8 Romer Labs Inc.
8.9 SGS SA
8.10 Silliker Inc.
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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