Global Residue Testing Market
By Type (Food Allergens, Heavy Metals, Pesticides), By Food tested (Meat & Poultry, Cereals, Grains & Pulses, Fruits & Vegetables), By Technology (Spectroscopy, Immunoassay, Immunoassay), By Region (North America, Europe, Asia Pacific, Rest of World).
Market Overview:
The Global Residue Testing Market was valued at USD 3.28 billion in 2016 and is projected to reach USD 5.59 billion by 2025, growing at a CAGR of 6.10% from 2017 to 2025.
Residue Testing Market is expected to grow due to strong demand for packaged foods and special diets. Many regions have implemented the tolerance level in food products which is fueling the residue market growth. Maximum pesticides residue have been found in regulatory bodies which are part of food safety and environment across the globe. Pesticides are always analyzed before usage for possible health factors in humans.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 International trading of food products.
1.2 Rise in allergic reactions among consumers.
1.3 Implementing strict and safety food regulations.
1.4 High rise in chemical contamination in food industries.
2. Market Restraints
2.1 No awareness about safety regulations among manufacturers.
2.2 Lack of infrastructure and resources.
Market Segmentation:
The Global Residue Testing Market is segmented on the basis of Type, Food tested, Technology and Region.
1. By Type:
1.1 Food Allergens
1.1.1 Wheat
1.1.2 Peanut & Soy
1.1.3 Milk
1.1.4 Wheat
1.1.5 Tree Nuts
1.1.6 Egg
1.1.7 Other Allergens
1.2 Heavy Metals
1.2.1 CADMium
1.2.2 Arsenic
1.2.3 Lead
1.2.4 Mercury
1.2.5 Others.
1.3 Toxins
1.3.1 Mycotoxins
1.3.1.1 Ochratoxins
1.3.1.2 Aflatoxins
1.3.1.3 Patulin
1.3.1.4 Fusarium
1.3.2 Other Toxins
1.4 Pesticides
1.4.1 Insecticides
1.4.2 Herbicides
1.4.3 Fungicides
1.4.4 Other Pesticides
1.5 Other Residues
2. By Food Tested:
2.1 Meat & Poultry
2.2 Processed Food
2.3 Cereals, Grains & Pulses
2.4 Nut, Seed & Spice Products
2.5 Fruits & Vegetables
2.6 Dairy Products
2.7 Other Foods Tested
3. By Technology:
3.1 Spectroscopy
3.2 Chromatography (HPCL, GC, LC, LC-MS/MS)
3.3 Immunoassay
3.4 Spectroscopy
3.5 Other Technologies
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Rest of World.
Competitive Landscape:
The major players in the market are as follows:
1. Eurofins Scientific SE
2. SGS S.A.
3. Silliker, Inc
4. Asurequality Limited
5. Microbac Laboratories, Inc.
6. Bureau Veritas S.A
7. Intertek Group PLC
8. ALS Limited
9. SCS Global Services
10. Symbio Alliance
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Residue Testing Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL RESIDUE TESTING MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL RESIDUE TESTING MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL RESIDUE TESTING MARKET BY TYPE:
5.1 Overview
5.2 Food Allergens
5.2.1 Wheat
5.2.2 Peanut & Soy
5.2.3 Milk
5.2.4 Wheat
5.2.5 Tree Nuts
5.2.6 Egg
5.2.7 Other Allergens
5.3 Heavy Metals
5.3.1 Cadmium
5.3.2 Arsenic
5.3.3 Lead
5.3.4 Mercury
5.3.5 Others.
5.4 Toxins
5.4.1 Mycotoxins
5.4.2 Ochratoxins
5.4.3 Aflatoxins
5.4.4 Patulin
5.4.5 Fusarium
5.4.6 Others
5.5 Pesticides
5.5.1 Insecticides
5.5.2 Herbicides
5.5.3 Fungicides
5.5.4 Other Pesticides
5.6 Others
6 GLOBAL RESIDUE TESTING MARKET BY FOOD TESTED:
6.1 Overview
6.2 Meat & Poultry
6.3 Processed Food
6.4 Cereals, Grains & Pulses
6.5 Nut, Seed & Spice Products
6.6 Fruits & Vegetables
6.7 Dairy Products
6.8 Others
7 GLOBAL RESIDUE TESTING MARKET BY TECHNOLOGY:
7.1 Overview
7.2 Spectroscopy
7.3 Chromatography (HPCL, GC, LC, LC-MS/MS)
7.4 Immunoassay
7.5 Spectroscopy
7.6 Others
8 GLOBAL RESIDUE TESTING MARKET BY GEOGRAPHY
8.1 Overview
8.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
9 GLOBAL RESIDUE TESTING MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 Eurofins Scientific SE
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 SGS S.A.
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Silliker, Inc
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Asurequality Limited
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Microbac Laboratories, Inc.
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Bureau Veritas S.A
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Intertek Group PLC
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 ALS Limited
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 SCS Global Services
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Symbio Alliance
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 Appendix
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