Asia-Pacific Feed Testing Market

Asia-Pacific Feed Testing Market Size & Growth (2022 - 2027):

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:

Market Segmentation:

 Asia-Pacific Feed Testing Market - By Livestock:

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

 Asia-Pacific Feed Testing Market - By Type:

• Nutritional Labelling Analysis
• Crop Chemicals Analysis
• Pathogen Testing, Mycotoxin Testing
• Fats & Oils Analysis

On the basis of geography, the Asia-Pacific market is analyzed under various regions namely

• China
• India
• Australia
• Japan
• South Korea

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.