Heavy Metal Testing Market Size, Share, Growth, Industry Trends And Forecast 2023-2032 | Merck KGaA, Eurofins Scientific SE, SGS S.A., Bureau Veritas SA, Intertek Group PLC

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Heavy Metal Testing Global Market Report 2023 identifies the increase in foodborne diseases as the major driver for the heavy metal testing market's growth in the forecast period. Foodborne diseases refer to illnesses caused by consuming contaminated food or beverages. Heavy metals in food can cause foodborne diseases when they contaminate food at elevated levels. Heavy metal testing is essential for identifying and keeping track of food contaminated with heavy metals. Determining the quantities of hazardous metals in different food categories helps prevent foodborne illnesses and ensure food safety.

The heavy metal testing market size has grown strongly in recent years. It will grow from $3.34 billion in 2023 to $3.58 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increasing awareness of the health risks of heavy metal exposure, growing demand for food safety, growing focus on sustainability, growing demand for personalized medicine, .

The heavy metal testing market size is expected to see strong growth in the next few years. It will grow to $4.53 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to growing emphasis on environmental safety, growing industrialization, government initiatives, increasing demand for personal care and cosmetics products, growing demand for dietary supplements. Major trends in the forecast period include advancements in heavy metal testing, real-time and portable testing, increased automation, green testing practices.

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Major competitors in the heavy metal testing market are Merck KGaA, Eurofins Scientific SE, SGS S.A., Bureau Veritas SA, Intertek Group PLC.

A key trend in the heavy metal testing market includes technological sensors. Major companies operating in the heavy metal testing market are increasing their focus on introducing technological sensors for testing solutions to maximize their profits in the market. Sensors are used in heavy metal testing solutions to detect the presence and levels of toxic heavy metals in various substances. For instance, in February 2023, Palintest Ltd., a UK-based manufacturer of water analysis technologies, launched a range of brand-new arsenic sensors that can be used in its portable Kemio Heavy Metals and Kemio Multi testing solutions. The new sensors measure between 2 and 250 g/L and can detect both total arsenic and arsenic (III). Kemio sensor systems provide users with a safer testing method than other typical field-testing procedures, which include the use of hazardous chemicals such as mercury bromide. With Palintest's Kemio technology and arsenic sensors, Governments, water providers, NGOs and communities will be able to spot regions of arsenic pollution more rapidly, respond right away when dangerous levels are found and reduce risk.

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The heavy metal testing market is segmented -
•By Type: Arsenic, Cadmium, Lead, Mercury, Other Types
•By Technology: ICP-MS (Inductively Coupled Plasma Mass Spectrometry) And OES (Optical Emission Spectroscopy), AAS (Atomic Absorption Spectroscopy) Heavy Metal Testing, Other Technologies
•By Application: Environmental, Industrial
•By End User: Food, Beverage, Animal Feed, Fat And Oils, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the heavy metal testing market.

The Business Research Company's "Global Heavy Metal Testing Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Heavy Metal Testing Market Include:
1. Executive Summary
2. Heavy Metal Testing Market Characteristics
3. Heavy Metal Testing Market Trends And Strategies
4. Heavy Metal Testing Market - Macro Economic Scenario
5. Global Heavy Metal Testing Market Size and Growth
……
32. Global Heavy Metal Testing Market Competitive Benchmarking
33. Global Heavy Metal Testing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Heavy Metal Testing Market
35. Heavy Metal Testing Market Future Outlook and Potential Analysis
36. Appendix

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Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

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