North America Residue Testing Market Rising Demand for Pesticide Residues

According to Precision Business Insights (PBI) latest report, the north america residue testing market is expected to be worth USD 1,323.9 million in 2021, growing at a 6.0% CAGR from 2022 to 2028. Pesticide Residues accounted for x% of the market and are expected to grow at a CAGR of x% between 2022 and 2028. advancements in testing technologies, the North American organic revolution, the enforcement of strict food safety standards, and international trade in food ingredients are all factors to consider that drive the Residue Testing market.

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The United States Leads Residue Testing Market:
The United States accounted for 87.5% of the market and is expected to grow at a CAGR of 5.8% between 2022 and 2028. Pesticide overuse can result in dangerous quantities of harmful chemicals entering the food chain. Fresh fruits and vegetables are being consumed in greater numbers, resulting in leading companies have created strategies for delivering high-quality food by employing various technologies such as LC and GC chromatography in the region.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
North America Residue Testing market further reveals that the key players increasingly adopting strategies such as the launch of newer products, frequent product approvals, and long-term alliances to improve market revenue share and gaining significant geographic presence across the region. For instance, In March 2022, Bureau Veritas, a Global leader in testing, inspection, and certification (TIC) services, opened its fifth Canadian Microbiology Laboratory in Winnipeg, Manitoba. Rapid Pathogen Testing (E. coli O157:H7, Salmonella, and Listeria), as well as Indicators, will be available in the new facility.

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Key player profiles in the report are SCS Global Services, Eurofins Scientific, Bureau Veritas, SGS SA, Intertek Group plc, ALS Limited, AB SCIEX, LLC, Scicorp Laboratories PTY Ltd., Microbac Laboratories, Inc., and Symbio Laboratories.

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