Feed Testing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Feed testing is the process of determining the presence of pathogens, metals, pesticides, toxins, antibiotics, and other contaminants in the animal feed to prevent poisoning and other diseases. Consumption of these contaminants can lead to several diseases and infections that can affect the health of livestock. These toxic compounds can enter the feed at any stage. Therefore, it is necessary to test the feed ingredients at every stage during its processing and ensure proper handling of raw materials. Additionally, feed testing is essential to avoid various foodborne illnesses and to ensure physical wellness of livestock.

MARKET DYNAMICS

Rising concerns about animal health and safety amongst livestock producers, farmers, and government bodies is the crucial factor driving the market growth. Moreover, growing importance of feed testing to avoid various diseases and infections is anticipated to further boost the market growth over the forecast period.

MARKET SCOPE

The "Global Feed Testing Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the feed testing market with detailed market segmentation by type and livestock. The global feed testing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading feed testing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global feed testing market is segmented into type and livestock. By type, the feed testing market is bifurcated into pathogen testing, nutritional labelling testing, mycotoxin testing, fats & oil analysis, and others. By livestock, the feed testing market is bifurcated into poultry, swine, ruminants, aquaculture, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global feed testing market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The feed testing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the feed testing market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the feed testing market in these regions.

MARKET PLAYERS

The report covers vital developments in the feed testing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the feed testing market are anticipated to lucrative growth opportunities in the future with the rising demand for feed testing in the global market. Below mentioned is the list of few companies engaged in the feed testing market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the feed testing market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Silliker Inc.
  
•   Intertek Group Plc
  
•   Eurofins Scientific
  
•   Institut für Produktqualität
  
•   Romer Labs Inc.
  
•   R J Hill Laboratories Ltd
  
•   Bruker Biosciences Corporation
  
•   SGS S.A.
  
•   AGROLAB Group
  
•   SDK Laboratories
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Feed Testing Report Scope