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Feed Testing Market By Type (Crop Chemicals Analysis, Nutritional Labelling Analysis, Pathogen Testing, Fats & Oils Analysis, Mycotoxin Testing), By Livestock (Poultry, Swine, Cattle, Ruminant, Aquaculture, Pet Food), And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast To 2027

Published: January, 2022
ID: 2195
Pages: 175
Formats: report pdf report excel report power bi report ppt

Feed Testing Market Size & Growth 2022 - 2027:

Feed Testing Market was worth USD 678.75 million in 2021 and is estimated to be growing at a CAGR of 9.2% to reach USD 1053.6 million by 2026.

The Feed Testing market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the increasing demand for inclusion of specific feed additives like proteins and thus the need for testing of feed. The companies in the agricultural industry have shown significant interest in the market lately. 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.

Feed Testing Market Drivers:

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 cost. 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.

FEED TESTING MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022 - 2027

Base Year

2020

Forecast Period

2022 - 2027

CAGR

9.2%

Segments Covered

By Type, By Livestock

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

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Adpen Laboratories Inc., Bureau Veritas SA, Eurofins Scientific, Genon Laboratories Ltd., Institut Für Produktqualität Gmbh (IFP)

Market Segmentation:

Feed Testing Market – By Type:

  • Crop Chemicals Analysis

  • Nutritional Labelling Analysis
  • Pathogen Testing
  • Fats & Oils Analysis
  • Mycotoxin Testing

Feed Testing Market – By Livestock:

  • Swine
  • Poultry
  • Cattle
  • Aquaculture
  • Pet foods
  • Others

The market share is dominated by the Pathogen Testing segment. The cattle segment accounted for the highest market share on the basis of livestock due to an increase in the production of cattle meat over recent years and is expected to grow even further.

Feed Testing Market – By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

The Feed Testing market was dominated by North America, with an overall market share of over 36% globally. North America was followed by Europe and the Asia Pacific. Asia Pacific market is predicted to grow at a rapid pace in the coming few years.

Key Players:

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

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