The Global Pesticide Residue Testing Marketwas valued at USD 440 million in 2016 and is projected to reach USD 1910 million by 2025, growing at a CAGR of 7.02% from 2017 to 2025 key players are Eurofins Scientific Se, Bureau Veritas S.A., Intertek Group P

Global Pesticide Residue Testing Market
By Technology (High Performance Liquid Chromatography (HPLC), LC-MS/GC-MS,Gas Chromatography), By Type (Herbicides, Insecticides, Hazards of Pesticides), By Class (Organophosphates, Organochlorines.Others), By Region (North America, Asia Pacific, Europe, Rest of World), By food tested (Dairy Products, Fruits & Vegetables, Meat & Poultry).

Market Overview
The Global Pesticide Residue Testing Market was valued at USD 440 million in 2016 and is projected to reach USD 1910 million by 2025, growing at a CAGR of 7.02% from 2017 to 2025.
Pesticide residue remains on the food after they are sprayed on the food crops. This happens when they are treated in areas close to pesticides like farms and lawns. Most of the times consumers are very much exposed to these residues. Many chemicals can be found in the food chain and their presence is confirmed in products like fish, poultry, and meat. Overuse of pesticides in food products can create major health concerns for all consumers.

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Sample Infographics
Market Dynamics:
1. Market Drivers
1.1 Better testing technology.
1.2 International trading of food products.
1.3 Implementing strict food safety rules.

2. Market Restraints
2.1 Lack of awareness about rules among food manufacturers.
2.2 Lack of resources in developing countries.

Market Segmentation:
The Global Pesticide Residue Testing Market is segmented on the basis of Technology, Type, Class, Food tested and Region.

1. By Technology :
1.1 High Performance Liquid Chromatography (HPLC)
1.2 LC-MS/GC-MS
1.3 Gas Chromatography
1.4 Others.

2. By Type:
2.1 Herbicides
2.2 Fungicides
2.3 Insecticides
2.4 Hazards of Pesticides
2.4.1 Impact on Environment
2.4.2 Impact on Human Life
2.5 Other Pesticides

3. By Class:
3.1 Organophosphates
3.2 Organochlorines
3.3 Organonitrogens& Carbamates
3.4 Others

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.

5. By Food tested:
5.1 Dairy Products
5.2 Meat & Poultry
5.3 Fruits & Vegetables
5.4 Processed Food
5.5 Cereals, Grains & Pulses
5.6 Others

Competitive Landscape:
The major players in the market are as follows:
Eurofins Scientific Se, Bureau Veritas S.A., Intertek Group PLC, SGS S.A, Silliker, Inc., Asurequality Ltd, ALS Limited, SCS Global Services, Symbio Laboratories, Microbac Laboratories, Inc.

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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 Pesticide 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.

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