Pesticide Residue Testing Market Research Report 2024-2033 | Size, Share Analysis And Strategies

"The new report published by The Business Research Company, titled Pesticide Residue Testing Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the pesticide residue testing market size has grown strongly in recent years. It will grow from $1.74 billion in 2023 to $1.86 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The pesticide residue testing market size is expected to see strong growth in the next few years. It will grow to $2.5 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%.

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Pesticide Residue Testing Market Soars Amid Rising Food-Borne Illnesses
The rising number of food-borne illnesses is expected to propel the pesticide residue testing market going forward. Food-borne illnesses refer to diseases and illnesses caused by consuming food that is contaminated. Pesticide residue testing is done to prevent and protect consumers from the adverse effects of pesticides that are mixed with food. For instance, the United Nations, a US-headquartered intergovernmental organization, published an article in May 2022 that said approximately 600 million people around the world fall ill after consuming contaminated food, and 1 in 10 people in the world suffer from food-borne diseases. For another instance, the California Department of Public Health, a US-based public health department, published an article in April 2023 that said that almost 48 million people are affected by foodborne illnesses annually in the US. Therefore, the rising number of food-borne illnesses will drive the growth of the pesticide residue testing market.

Pesticide Residue Testing Giants Introduce Innovative Canabis Testing Kits
Major companies operating in the pesticide residue testing market are launching new products such canabis testing to increase their profitability in the market. Canabis testing refers to the analytical processes and techniques used to assess the chemical composition, potency, purity, and safety of canabis products. For instance, in March 2021, PerkinElmer Inc., a US-based company focussed on precision optics, has launched ONE Pesticide420 CRM Reagent and Consumable Kit that uses LCMS for canabis testing. These kits simplify the testing process by removing the need for clients to spend time and energy creating complex preparation methods for quantitative pesticide and mycotoxin analysis. The kits also include verified calibration curves and internal standards.

The pesticide residue testing market covered in this report is segmented -

1) By Type: Herbicides, Fungicides, Insecticides, Other Types
2) By Technology: LC-MS Or GC-MS, HPCL, Gas Chromatography, Other Technologies
3) By Food Tested: Meat And Poultry, Dairy Products, Processed Foods, Fruits And Vegetables, Cereals, Grains And Pulses, Other Foods Tested
4) By Class: Organ chlorines, Organophosphates, Organonitrogens, Carbamates, Other Classes

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Major companies operating in the pesticide residue testing market report are Eurofins Scientific SE, Bureau Veritas SA, SGS SA, Intertek Group plc, Silliker Inc., ALS Limited, AsureQuality Limited, Scientific Certification Systems Inc., Microbac Laboratories Inc., Symbio Laboratories, Mérieux NutriSciences Corporation, Neogen Corporation, Charm Sciences Inc., Premier Analytical Services, Dairyland Laboratories Inc., Agilent Technologies Inc., Thermo Fisher Scientific Inc., Waters Corporation, Shimadzu Corporation, Merck KGaA, Bruker Corporation, Restek Corporation, LECO Corporation, Scientific Exchange Corporation, Torrent Research Centre, FoodChain ID Inc., AB Sciex LLC, PerkinElmer Inc., Labcorp - Laboratory Corporation of America Holdings, Quest Diagnostics N.V.

Contents of the report:
1. Executive Summary
2. Pesticide Residue Testing Market Report Structure
3. Pesticide Residue Testing Market Trends And Strategies
4. Pesticide Residue Testing Market - Macro Economic Scenario
5. Pesticide Residue Testing Market Size And Growth
…..
27. Pesticide Residue Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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