Press release
Agricultural Testing Market Outlook with Is Expected To Grow USD 7.7 Billion Till 2025 | Analysis by SGS, Eurofins, Intertek, Bureau Veritas, ALS, TUV Nord Group, Mérieux, Asurequality, RJ Hill Laboratories
“Global Agricultural Testing Market Report 2019” report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.Global Agricultural Testing Market Overview:
The Global Agricultural Testing Market to reach USD 7.7 Billion by 2025. The Global Agricultural Testing Market is valued approximately USD 4.6 Billion in 2017 and is anticipated to grow with a healthy growth rate of more than 6.64 % over the forecast period 2018-2025.
As per the market report analysis, rising outbreaks of food borne illnesses and rapid industrialization leading to the disposable of untreated industrial waste are some key trends that are responsible for the wide adoption of agricultural testing globally. Moreover, growing demand for nutritious food would increase the adoption of agricultural testing as these are used to grow nutritious and health crop.
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The Global Agricultural Testing Market is significantly driven by Increase in outbreaks of foodborne illnesses. According to the Centers for Disease Control and Prevention in November 2018, approximately 48 million get sick and 1,28,000 are hospitalized, 3,000 die from foodborne diseases each year in the United States. Additionally, Salmonella is the most common known cause of hospitalization owing to the food poising in the United States with around 19,000 cases per year. Also, economic burden of foodborne illness is estimated to be around $77.7 billion, that is spent towards health-related costs and loss of productivity. Hence, in order to get rid of foodborne illness the adoption of agricultural treating would increase thereby, aiding the growth of the market over the forecast period of 2018-2025.
The Global Agricultural Testing Market is segmented on the basis of Sample, Source, Technology and Region. Based on Sample, the Global Agricultural Testing Market is classified into soil, water, seed, compost, manure, biosolids and plant tissue of which soil segment is expected to emerge as the fastest growing segment owing to the growing contamination of soil caused by industrial effluents and wastewater, propelling the importance of soil testing. On the basis of Source, the market is bifurcated into safety testing and quality assurance of which quality assurance holds the leading position in market owing to the needs to identify required nutrients essential for a robust development and growth of crops. Based on the Technology, the market is classified into conventional technology and rapid technology.
In terms of the regional analysis, Europe have occupied major share in the Global Agricultural Testing Market. The major reasons for the dominance of Europe are stringent regulation of food safety and with laws related to nutritional contents, labelling and chemicals. The dominance of the Europe region is witnessed owing to the presence of high number of testing laboratories across Europe. Whereas, APAC is expected to emerge as the fastest growing region headed by Japan, China, India and Australia in terms of market share. The growth of APAC region is witnessed owing to implementation of regulations for food testing and growing awareness about food safety norms.
Purchase this report online with 200 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Agricultural Testing Market Report 2019” @ https://www.businessindustryreports.com/buy-now/137715/single .
Major Key Players:
1 SGS
2 Eurofins
3 Intertek
4 Bureau Veritas
5 ALS Limited
6 TUV Nord Group
7 Mérieux
8 Asurequality
9 RJ Hill Laboratories
10 Agrifood Technology and More……………………
Market segment by Regions/Countries, this report covers
1 North America
2 Europe
3 Asia Pacific
4 Latin America
5 Rest of the World
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What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which are the leading market products, applications & regions and how will they perform by 2025?
3 What are the technologies & innovation trends, how will they evolve by 2025?
4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Agricultural Testing Market.
Major Points in Table of Contents:
Global Agricultural Testing Market Report 2019
1 Global Agricultural Testing Market Definition and Scope
2 Research Methodology
3 Executive Summary
4 Global Agricultural Testing Market Dynamics
5 Global Agricultural Testing Market, By Sample
6 Global Agricultural Testing Market, By Source
7 Global Agricultural Testing Market, By Technology
8 Global Agricultural Testing Market, by Regional Analysis
9 Competitive Intelligence
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