Europe Feed Testing Market is expected to grow at a CAGR of 9.26% and reach USD 301.21 million in 2026 from USD 282.69 million in 2021. The Feed Testing market is expected to show evident potential in the forecasting period. The market continues to build up momentum with the rising demand for including specific additives in the feed like proteins and thus rise in the need for testing of feed. The agricultural-based companies have shown huge interest in the market lately.
Feed testing is basically used for testing for pesticides, mycotoxin, pathogens, etc. to ensure against the presence of any contaminants that are usually responsible for food toxicity, poisoning, or any other illness. These tests are important for maintaining proper health in animals and thus improvement in their productivity.
Drivers and Restraints:
Increasing demand for higher quality and sustainable animal nutrition products has resulted in the rapid growth of the market recently. Other major factors driving the Market for Feed Testing include compulsory analysis of feed safety and quality, management of feed productions’ operating cost, customized services emerging as cost and time-effective solutions. The market has been facing some restraints and challenges as well. Some of the important ones are Expert analysis required to use advanced testing technologies for extensive sample preparation, lack of awareness among farmers about animal feed regulations. These factors are responsible for holding back the market.
REPORT METRIC |
DETAILS |
Market Size Available |
2021 – 2026 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
CAGR |
9.26% |
Segments Covered |
|
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 |
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:
Crop Chemicals Analysis
The Pathogen Testing segment dominated the market share.
The cattle segment exhibits the highest market share in livestock segmentation due to the rise in cattle meat production over the years and is thud expected to grow even further.
Geographical Analysis:
On the basis of geography, the Europe market is analyzed under various regions namely
Key Players in the Feed Testing market:
Some of the major companies dominating the market, by their products and services include Adpen Laboratories Inc., Genon Laboratories Ltd., Bureau Veritas SA, Institut Für Produktqualität Gmbh (IFP), Eurofins Scientific, Intertek Group Plc, Romer Labs Inc., R J Hill Laboratories Ltd, SGS SA, Silliker Inc.
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