Pesticide Residue Testing Market Specialized New Report, See Growth Acceleration From 2024-2031 | Eurofins Scientific, Bureau Veritas, SGS SA.

DataM Intelligence has released a new research report on the Pesticide Residue Testing market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.

Global Pesticide Residue Testing Market reached US$ 1.70 billion in 2023 and is expected to reach US$ 2.92 billion by 2031, growing with a CAGR of 7.0% during the forecast period 2024-2031.

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The pesticide residue testing market involves the detection and analysis of pesticide residues in food, water, and agricultural products to ensure they meet safety standards and regulations. This market is driven by the need to protect consumer health, comply with stringent food safety regulations, and enhance export quality in agricultural products.

List of the Key Players in the Pesticide Residue Testing Market:

Eurofins Scientific, Bureau Veritas, SGS SA., Intertek Group Plc, Mérieux NutriSciences Corporation, ALS, PT. THERMALINDO SARANA LABORATORIA, AsureQuality., Charm Sciences, Inc., and Dairyland Laboratories Inc.

Key Developments:

In November 2022, Mérieux NutriSciences acquired Babil Laboratory in Türkiye, which is now fully accredited under the name MXNS Türkiye Alaşehir Laboratory. This lab will focus on testing pesticide residues, PA/TA, and heavy metals, essential for supporting Türkiye's growing agricultural export market.

In January 2023, Smithers acquired ResChem Analytical Limited, expanding its global pesticide residue testing services and enhancing its field cooperators network for conducting crop residue operator exposure studies. The acquisition includes ResChem's offices and laboratories in Derby, United Kingdom.

Research Process:

Both primary and secondary data sources have been used in the global Pesticide Residue Testing Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Pesticide Residue Testing Market:

By Type: Fungicides, Insecticides, Herbicides, Nematicides, Others.

By Pesticide Class: Organochlorines, Organonitrogens, Carbamates, Others.

By Technology: LC-MS/GC-MS, HPLC, Gas Chromatography, Others.

By Food Tested: Meat & Poultry, Dairy Products, Processes Food, Fruits & Vegetables, Cereals, Grains & Pulses, Others.

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Regional Analysis:

➣ North America (US, Canada, Mexico)

➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)

➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)

➣ South America (Brazil, Argentina, Rest of South America)

➣ Middle East and Africa

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Pesticide Residue Testing market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Pesticide Residue Testing Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Pesticide Residue Testing market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Pesticide Residue Testing Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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The Research Report Offers Answers To The Following Questions:

☛ What is the expected growth rate of the global market for the forecast period?

☛ What are the key driving factors that are responsible to shape the fate of the Pesticide Residue Testing market during the forecast period?

☛ What will be the overall size of the market during the analysis period?

☛ What are the prominent market trends which influence the development of the Pesticide Residue Testing market across various regions?

☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Pesticide Residue Testing market?

☛ What are the major opportunities that the companies can get to attain success in the world?

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