Grain Analysis Market Growth Analysis | Top Industry Players Include Waters Corporation (U.S), Bureau Veritas SA (France), Intertek Group plc (U.K), R J Hill Laboratories Ltd, Thermo Fisher Scientific

Some of the major drivers of the global grain analysis market are stringent quality and safety regulations by the government, globalization in grain trade, and prevention from potential foodborne illness outbreak. Technological advancement of instruments with high accuracy and ability to test wide range of contaminants is a major driving factor for the growth of grain analysis market. However, lack of awareness among population and improper regulatory laws are some of the major restraints in the grain analysis market.
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Grain Analysis Market Outlook:

Asia Pacific is the fastest growing region in grain analysis market. China and India are the major economies in this region with largest number of consumers and producers. According to the Food and Agricultural Organization, the production of rice in Asia is around 90% of the total world rice production, which is a major growth driver for growth of grain analysis market. The large quantities of grains being damaged from insects and microorganisms and exposure from heat has also resulted in the demand for grain analysis. Stringent government regulations, improvement in technology, and need of analysis for preservation of food for longer period is a key factor in driving the growth of grain analysis market.

North America and Europe are the leading market for grain analysis in 2016. The U.S, Canada, Germany, and France are some of the major economies in agricultural trade in these regions. According to United States Department of Agriculture, in 2012, about 355 million metric tons of food grain was produced by the U.S, which increased to 443 million metric tons in 2014. The increase in production of food grains offers an attractive market for grain analysis in this economies. Grain analysis also helps to detect pesticide residue and offers prevention from different food borne diseases, which is expected to further drive the growth of grain analysis market over the forecast period.
Key players in the Grain Analysis Market:

Some of the major players in the Grain Analysis market are Waters Corporation (U.S), Bureau Veritas SA (France), Intertek Group plc (U.K), R J Hill Laboratories Ltd, Thermo Fisher Scientific, Inc. (U.S), Futari Grain Technology Services (Australia), Bioprofile Testing Laboratories Llc (U.S), Great Tew Grain Processing Ltd (U.S), Eurofins Scientific (Luxembourg), SGS SA (Switzerland), and Shimadzu Corporation (Japan).

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