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Feed Testing Market Map Analysis,Opportunities,Innovations With Economic Conditions By 2025: Silliker Inc., Adpen Laboratories Inc., SGS SA, Bureau Veritas SA, Romer Labs, EurofinsScienific, R J Hill Laboratories Ltd.

06-04-2019 07:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Feed Testing Market

Feed Testing Market

Feed testing is the process of achieving an appropriate balance among the available feed ingredients. The main goal of this feed program is to check the contamination level in the feedstock of animals. In order to perform successful feed testing, one needs the information about the nutrient content of the feed ingredients. There is numerous variation in nutrient composition between different feeds.

Rising demand for high-quality animal feed and rising operational costs of feed production has been driving the global feed testing market. On the other hand, lack of awareness about feed regulations and the high cost and extensive sample preparation might hinder the overall growth at a global level.

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The feed testing market has been growing significantly due to an increase in outbreaks of animal diseases caused due to the consumption of contaminated feed. Contamination of feed can occur due to improper handling of feed and feed ingredients, contaminated raw materials, inadequate treatment, and processing of feed that destroys the contaminants. World over, various regulations, laws, and standards have been implemented to assure safety of the manufactured feed. FDA, USDA, EFSA, and EUROPE are the active participants in legislating regulations to ensure good quality and safety of the feed ingredients and additives. Feed tests are performed in every stage of the feed supply chain which includes procurement, processing, packaging and labeling, storage, and transportation.

The global Feed Testingmarket was valued at USD 1.72billion in 2016 and is projected to reach USD 3.12billionby 2025, growing at a CAGR of 6.8% from 2017 to 2025.

Feed related problems are on the rise as the cases of disease outbreaks among livestock is increasing day by day. The contamination of feed can result in huge financial losses for the farmers. The concern for food safety due to contaminated feed is driving demand for these services.

Market Segmentation:
The global Feed Testingmarket is segmented on the livestock, type, and region.

By Livestock:
Swine Feed, Cattle Feed, Equine Feed, Pet Feed, Aquafeed, Poultry Feed.

By Type:
Pathogen Testing, Mycotoxin Testing, Crop Chemicals Testing, Fats and Oils Testing, Nutritional Labeling Testing, Others.

The major players in the market are as follows:
Silliker Inc., Adpen Laboratories Inc., SGS SA, Bureau Veritas SA, Romer Labs, EurofinsScienific, R J Hill Laboratories Ltd., Genon Laboratories Ltd., Intertek Group PLC, Institut Fir Produktqualitat GmbH.

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 Worldwide Market Reports:
Research study on the Feed Testingmarketwas 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.

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Table of Contents
1 INTRODUCTION OF GLOBAL FEED TESTINGMARKET
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
4 GLOBAL FEED TESTINGMARKETOUTLOOK
5 GLOBAL FEED TESTINGMARKET, BY LIVESTOCK
6 GLOBAL FEED TESTING MARKET, BY TYPE
7 GLOBAL FEED TESTINGMARKET, BY GEOGRAPHY
8 GLOBAL FEED TESTINGMARKETCOMPETITIVE LANDSCAPE
9 COMPANY PROFILES
9.1 Silliker Inc.
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
10 Appendix

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About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

Mr. Shah
Worldwide Market Reports
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U.S
Email:sales@worldwidemarketreports.com

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