Press release
Agriculture Testing Market Size Analysis, Industry Outlook, Regional Forecast 2021-2027
Precision Business Insights published a research report on “Global Agriculture Testing Market By sample type, (Soil, Water, Compost, Manure, Seeds, Bio-solids, Others) by application, (Contaminants, Chemical residues, Toxins, Nutritional analysis, Pathogens testing, Quality assurance, Others) and Geography- Global/Region/Country Forecast to 2027".The global agriculture testing market was valued USD 4.8 billion in the year 2020 and anticipated to value at USD 6.89 billion till 2027 witnessing a CAGR rate of 5.3% during the forecast period 2021-2027.
View Detailed Report Description here https://precisionbusinessinsights.com/market-reports/agriculture-testing-market/
Technological Developments in Agriculture Testing will drive the Global Agriculture Testing Market
Agriculture testing involves testing agriculture samples like manure, soil, irrigation, soil, compost and ground water. The purpose behind performing agriculture tests is to improve the yield as well as quality of agriculture products. In order to detect the presence of toxins, pathogens, chemical residues and among others, different tests are executed in agriculture testing. In addition, Factors that decide the kind of testing needed include sample quality and common contaminants. Moreover, there are several factors, which are projected to surge the agriculture testing market during the forecast period are increase in industrial wastage because of fast industrialization, which result into water and soil contamination, government initiatives to advance the quality of products, technological developments in agriculture testing like fast test analysis and growing consciousness regarding food safety. In addition, strict rules for food safety, huge usage of fertilizers result into soil pollution and introduction of new fertilizers and seeds are expected to bolster the testing market over the forecast time span. But, strict rules for the approval of novel tests, dearth of well-established testing infrastructure, lack of consciousness regarding agriculture testing in underdeveloped regions and high price of agriculture testing services are hampering the market growth.
Global Agriculture Testing Market - Regional Analysis
On the basis of regional analysis, agriculture testing market is categorized into key regions such as North America, Latin America, Europe, Asia pacific, Africa and Middle East. North America agriculture testing market is impelled by several factors such as growing consciousness regarding agriculture testing amid farmers, strict government rule for food safety and technological developments in agriculture testing are boosting the market growth. Asia Pacific market is fuelled by business expansion by the key players of the region like Intertek opened a novel agri testing laboratory in India in the year 2016, growing agriculture production and huge focus on increasing the agriculture product yield. Agriculture market in Europe is projected to record considerable rate due to the innovation of novel tests, presence of a huge number of agriculture testing providers in European countries like U.K and France and collaboration between the industries.
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Global Agriculture Testing Market - Competitive Analysis
A few of the major leading players working in the global agriculture testing market include Eurofins Scientific (Luxembourg), SGS S.A. (Switzerland), Intertek Group Plc. (U.K.), RJ Hill Laboratories Ltd. (New Zealand), ALS Limited (Australia) and AsureQuality (New Zealand).
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