Press release
Feed Testing Market Size, Application Estimation, Vendor Competitive Landscape, Trends and Forecast 2018-2025
In 2018 the global feed testing market size was valued at USD xx million and estimated to project a value of USD xx million, registering a CAGR of x.x% over the forecast period.
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There are several major regulations, standards and laws which have been implemented to assure safety of the manufacture feed. EUROPA, FDA, USDA, EFSA are known to be the active participants in legislating regulations to ensure good quality and safety of the feed ingredients and additives. The quality check is conducted on every stage such as processing, procurement, packaging & labelling, transportation, and storage.
In 2013, North America was largely dominating the US market with 40% share in the market. Owing to the awareness about the meat safety across the world, it has been high on demand. The regulatory bodies have been implementing several feed testing regulations to manufacture safe feed of high quality, using good manufacturing practices (GMP), good agricultural practices (GAP), and hazard analysis critical control point (HACCP) systems. The mycotoxin testing has been the major shareholder in the animal feed testing market, owing to the mostly used feed like cereals which are rotten in moisture.
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Vomitoxin counts, enterobacteriaceae counts, mold, mold identification, and yeast are supremely gaining traction in the feed testing market. Owing to the rules and regulations, North America holds the largest share in the market, followed by Europe. Where Europe has a sizeable and a good number in feed testing firms. Western Europe, with its highly aware consumers, is a good market for feed testing. Asia-Pacific is the fastest growing market globally.
The leading players in the feed testing market include Silliker Inc. (U.S.), Intertek Group Plc (U.K.), Eurofins Scientific (Luxembourg), Institut für Produktqualität (Germany), and Romer Labs Inc. (U.S.). These players are focussing on mergers & acquisitions, and expanding their business segments to maintain their position in the market.
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Key Segmentation of the Global Feed Testing Market 2018-2025
Type Analysis of Global Feed Testing 2018-2025
Network Security Testing
Firewall Testing
VPN Testing
IDS/IPS System Testing
URL Filtering
Application Security Testing
Type
Static
Dynamic
Services
Web
Mobile
Cloud
Device Security Testing
Tool Analysis of Global Feed Testing Market 2018-2025
Penetration
Web
Automated
Code Review
Deployment Type Analysis of Global Feed Testing Market 2018-2025
Cloud Based
On-Premise
Organization Size Analysis of Global Feed Testing Market 2018-2025
Large
Small & Medium
Vertical Analysis of Global Feed Testing Market 2018-2025
Government and Public Utilities
BFSI
Telecom & IT
Healthcare
Retail
Others
We are here to provide credible market intelligence with actionable insights. We believe that with the fast changing business environment and rapid turns in economic cycles, a lot is overlooked. With the aid of technology, a large amount of data is produced which is waiting to be analyzed and patterned. The insights which can be mined from such a large amount of data can enable businesses to grow at a pace of their choosing, be it long term goals or short-term goals. Being aware of the market movements allows for agility and agility is one of the highest rated characteristics of modern businesses.
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