openPR Logo
Press release

Antibiotic Residue Test Kits Market and Forecast Study Launched

02-21-2019 11:05 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

/ PR Agency: Fact.MR
Antibiotic Residue Test Kits

Antibiotic Residue Test Kits

According to Fact.MR’s latest forecast study, the global market for antibiotic residue test kits is pegged to expand robustly in the near future. Key findings from the report reveal that the global antibiotic residue test kits market will witness an expansion at 6.2% CAGR in terms of value over the forecast period, 2017-2026. The report further estimates that by the end of 2026, approximately US$ 295 Mn worth of antibiotic residue test kits will be sold worldwide.

High Demand for Beta-lactams to Account for One-third Share of Global Market Value through 2026

The report reveals that during the forecast period, beta-lactams tests will be predominantly used in detecting antibiotics residues in foods and beverages. By the end of 2026, nearly 33% of the overall global antibiotic residue test kits market revenues will be procured from the sales of beta-lactams test kits. The report also observes a surging adoption of tetracycline tests, and the sales of these kits are pegged to bring in more than US$ 50 Mn by the end of 2026. The report further projects that sulfonamide tests will register fastest revenue growth over the forecast period, reflecting a value CAGR of 7.1%.

Request Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=496

Food & Beverage Industry End-use to Translate High Revenue Growth

In 2018 and beyond, antibiotic residue test kits will be predominantly used in the food and beverage industry. A range of antibiotic residue test kits are being used for ensuring safety of milk and other dairy products. Their use in inhibiting the growth of microorganisms through anti-infection principles will further extend their end-use in the global production of food items and beverages. By the end of 2026, the end-use of antibiotic residue test kits in global food & beverage industry will bring in revenues worth over US$ 196 Mn. The report also reveals that the veterinary end-use of antibiotic residue test kits will register fastest revenue growth at an estimated 6.7% CAGR over the forecast period.

Competition Tracking

Leading companies partaking in the development of antibiotic residue test kits have been profiled in this report. Companies namely, Thermo Fischer Scientific, DSM, Charm Sciences, Perkin Elmer (BioScientific Corp), Labtek Services Ltd., NEOGEN Food Safety, IDEXX Labs, R-Biopharm, Eurofins and Sciex are expected to instrument the global production of antibiotic residue test kits during the forecast period. Incorporating advancements in the field of antibiotic residue diagnostics will be prioritized by these market players. Moreover, several players in the global antibiotic residue test kits market will be eyeing at introducing multi-purpose kits in the near future.

Browse Full Report @ https://www.factmr.com/report/496/antibiotic-residue-test-kits-market

High Demand for Beta-lactams to Account for One-third Share of Global Market Value through 2026

The report reveals that during the forecast period, beta-lactams tests will be predominantly used in detecting antibiotics residues in foods and beverages. By the end of 2026, nearly 33% of the overall global antibiotic residue test kits market revenues will be procured from the sales of beta-lactams test kits. The report also observes a surging adoption of tetracycline tests, and the sales of these kits are pegged to bring in more than US$ 50 Mn by the end of 2026. The report further projects that sulfonamide tests will register fastest revenue growth over the forecast period, reflecting a value CAGR of 7.1%.

Food & Beverage Industry End-use to Translate High Revenue Growth

In 2018 and beyond, antibiotic residue test kits will be predominantly used in the food and beverage industry. A range of antibiotic residue test kits are being used for ensuring safety of milk and other dairy products. Their use in inhibiting the growth of microorganisms through anti-infection principles will further extend their end-use in the global production of food items and beverages. By the end of 2026, the end-use of antibiotic residue test kits in global food & beverage industry will bring in revenues worth over US$ 196 Mn. The report also reveals that the veterinary end-use of antibiotic residue test kits will register fastest revenue growth at an estimated 6.7% CAGR over the forecast period.

Speak To Research Analyst for Detailed Insights @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=496

Competition Tracking

Leading companies partaking in the development of antibiotic residue test kits have been profiled in this report. Companies namely, Thermo Fischer Scientific, DSM, Charm Sciences, Perkin Elmer (BioScientific Corp), Labtek Services Ltd., NEOGEN Food Safety, IDEXX Labs, R-Biopharm, Eurofins and Sciex are expected to instrument the global production of antibiotic residue test kits during the forecast period. Incorporating advancements in the field of antibiotic residue diagnostics will be prioritized by these market players. Moreover, several players in the global antibiotic residue test kits market will be eyeing at introducing multi-purpose kits in the near future.

Table of Contents Covered in the report are:

1. Global Economic Outlook

2. Global Antibiotic Residue Test Kits Market - Executive Summary
2.1. Global Antibiotic Residue Test Kits Market – Opportunity Analysis

3. Global Antibiotic Residue Test Kits Market Overview
3.1. Introduction
3.1.1. Global Antibiotic Residue Test Kits Market Taxonomy
3.1.2. Global Antibiotic Residue Test Kits Market Definition
3.2. Global Antibiotic Residue Test Kits Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Antibiotic Residue Test Kits Market Y-o-Y Growth
3.3. Global Antibiotic Residue Test Kits Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Test Procedure for Antibiotic Residue Test Kits
3.7. Recommended MRL for antibiotics in animal products as per Food and Drug Administration (FDA)
3.8. Antibiotic Residues in Animal Products
3.9. Investment Feasibility Matrix
3.10. Patent Analysis
3.11. Major strategies of Antibiotic Residue Test Kit manufacturers
3.12. Extraction Solvents used for Antibiotic Residue Analysis
3.13. PESTL Analysis
3.14. Porter’s Five Forces Analysis
3.15. Product Lifecycle
3.16. List of Distributors
3.17. Key Participants Market Presence (Intensity Map) By Region

4. Global Antibiotic Residue Test Kits Market Analysis and Forecast 2012-2026
4.1. Global Antibiotic Residue Test Kits Market Size and Forecast By Test Type, 2012-2026
4.1.1. Beta-lactams Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Macrolides Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Tetracycline Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Aminoglycosides Market Size and Forecast, 2012-2026
4.1.4.1. Revenue (US$ Mn) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.1.5. Amphenicols Market Size and Forecast, 2012-2026
4.1.5.1. Revenue (US$ Mn) Comparison, By Region
4.1.5.2. Market Share Comparison, By Region
4.1.5.3. Y-o-Y growth Comparison, By Region
4.1.6. Sulfonamides Market Size and Forecast, 2012-2026
4.1.6.1. Revenue (US$ Mn) Comparison, By Region
4.1.6.2. Market Share Comparison, By Region
4.1.6.3. Y-o-Y growth Comparison, By Region
4.2. Global Antibiotic Residue Test Kits Market Size and Forecast By End User, 2012-2026
4.2.1. Food and Beverage Industry Market Size and Forecast, 2012-2026
4.2.1.1. Revenue (US$ Mn) Comparison, By Region
4.2.1.2. Market Share Comparison, By Region
4.2.1.3. Y-o-Y growth Comparison, By Region
4.2.2. Veterinary Market Size and Forecast, 2012-2026
4.2.2.1. Revenue (US$ Mn) Comparison, By Region
4.2.2.2. Market Share Comparison, By Region
4.2.2.3. Y-o-Y growth Comparison, By Region
4.2.3. Independent Laboratory Market Size and Forecast, 2012-2026
4.2.3.1. Revenue (US$ Mn) Comparison, By Region
4.2.3.2. Market Share Comparison, By Region
4.2.3.3. Y-o-Y growth Comparison, By Region
4.2.4. Other End-users Market Size and Forecast, 2012-2026
4.2.4.1. Revenue (US$ Mn) Comparison, By Region
4.2.4.2. Market Share Comparison, By Region
4.2.4.3. Y-o-Y growth Comparison, By Region

5. North America Antibiotic Residue Test Kits Market Size and Forecast, 2012-2026
5.1. North America Outlook
5.2. North America Parent Market Outlook
5.3. North America Target Market Outlook
5.4. Revenue (US$ Mn) Comparison, By Country
5.4.1. US Market Size and Forecast (US$ Mn), 2012-2026
5.4.2. Canada Market Size and Forecast (US$ Mn), 2012-2026
5.5. Revenue (US$ Mn) Comparison, By Test Type
5.6. Revenue (US$ Mn) Comparison, By End User

And Continue...

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Antibiotic Residue Test Kits Market and Forecast Study Launched here

News-ID: 1606467 • Views: 124

More Releases from Fact.MR

Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Ho …
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
03-20-2020 | Health & Medicine
Fact.MR
Medical Marker Bands Market Grows on the back of Their Radiopacity and Cost-effe …
Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On
Plastic Tray Market Showcases Future Status of Prime Manufacturers Across Major …
The new report on the global plastic tray market gives estimations of the size of the international market and the overall size and share of key regional segments during the historical assessment period of 2013 - 2017. The overall outlook for the Plastic Tray Market is likely to remain sluggish, with the plastic tray market expected to reach CAGR of 3.6% in terms of revenue during 2018-2027. The business knowledge
MRI-guided Radiation Therapy Systems Market Leading Manufacturers Expected to Mo …
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global MRI-guided radiation therapy systems market as well as the factors responsible for such a growth. Our highly dedicated professionals have provided critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. Access Research Methodology Prepared By Experts - https://www.factmr.com/connectus/sample?flag=RM&rep_id=2572 We leverage space-age industrial and digitalization tools

All 5 Releases


More Releases for Comparison

South Africa’s Best Medical Scheme Comparison Platform
Medical Aid is an online platform that aims to offer its users a convenient way to view and compare South Africa’s best medical schemes at a single place. The platform helps users to find the medical scheme that satisfies their budget and healthcare needs in the best way possible, by accessing important information about various schemes from different providers and comparing them altogether. Medical Aid presents the opportunity to select
Casters Market Share Comparison by Application : 2017
ABOUT : Casters Casters market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. View Entire Report @ https://www.reportsandmarkets.com/reports/united-states-casters-market-report-2017-1687573 Geographically, this report splits the United States market into seven regions: The West , The Middle Atlantic , New England, The South, The Midwest, with sales (volume), revenue (value), market share and growth rate
Moneybrag.com Offers Reliable Financial Comparison Services
Moneybrag.com is a leading online firm that specializes in online comparison services that enable clients to make comparisons of utility and personal finance products. Their primary goal is to provide information in an understandable format that allows for initial comparisons to be made at a glance. This enables customers to make healthy financial decisions. Moneybrag.com gives customers the ability to compare side by side and select a vendor based on
Comparison of Time recording applications
With hiring remote staff and freelancers halfway around the world turning into further common, it is necessary to look out the only thanks to keep track of the hours they work. Not entirely are you able to would like to know the hours to be able to pay them at the tip of the month but together notice an easy due to manage the invoices of an entire team. If
EInsuranceEz.com Launches Health Insurance Comparison Portal
EInsuranceEz.com, the online insurance price comparison company, launched a brand new customer-focused website this month. The site, einsuranceez.com, is designed to offer customers a wide range of competitively-priced life insurance, health insurance and auto insurance quotes instantly online. Working with some of the US biggest providers, EInsuranceEz.com constantly compares the best deals and insurance rates on the market to ensure that the customer gets the greatest saving for them. The company VP
PriceForSure.com - Benefits of Comparison Shopping
Comparison Shopping websites are beneficial to consumers and merchants because they offer a number of benefits. ( EMAILWIRE.COM, June 20, 2007 ) Rincon, Georgia – PriceForSure.com (www.PriceForSure.com) announces the benefits of comparison shopping. This informative and often entertaining form of shopping makes it easier for consumers to find the best deals on the web. Consumers search for products that they are interested in by comparing product types, product features,