Press release
Global Residue Testing Market Report 2025: Key Insights, Market Size, Leading Players, and Future Trends
Residue Testing Market Size
The Residue Testing Market is set to experience strong growth throughout the next few years, reaching a value of $7.32 billion by 2029._x000D_
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What Is The Projected Market Size Of The Residue Testing Global Market And Its Growth Rate?_x000D_
- The current Residue Testing market size stands at $4.99 billion in 2024 and is expected to surge to $5.31 billion by 2025 with a compound annual growth rate of 6.4%._x000D_
- The growth during this historical period is attributed to factors such as food safety regulations and environmental pollution concerns._x000D_
- Over the coming years, strong growth is expected in the market which will reach up to $7.32 billion by 2029 at a compound annual growth rate of 8.4%._x000D_
- Forecast-period growth is being fuelled by increasing focus on microbial residue testing and consumer demand for transparency._x000D_
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What Is Driving The Growth In The Residue Testing Global Market?_x000D_
The rise in outbreaks of chemical contamination in the food processing industry is a major driving force behind the growth of the residue industry. Chemical substances appearing or being added to food require comprehensive inspection, testing, and certification to ensure product safety. With an estimated 1 in 10 people falling ill after eating contaminated food, the need for residue testing has never been higher. This, in turn, underpins the growth of this market sector._x000D_
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Request A Free Sample Copy:_x000D_
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Who Are the Key Players Driving Residue Testing Global Market Report 2025 Growth?_x000D_
- Eurofins Scientific SE_x000D_
- Bureau Veritas SA_x000D_
- SGS SA_x000D_
- Intertek Group PLC_x000D_
- Symbio Laboratories Pty Ltd._x000D_
- ALS Limited_x000D_
- QTS Analytical Ltd._x000D_
- NSF International_x000D_
- Fera Science Limited_x000D_
- AB Sciex LLC_x000D_
- Neogen Corporation_x000D_
- Mérieux NutriSciences Corp._x000D_
- TÜV SÜD AG_x000D_
- Nelson Laboratories LLC_x000D_
- Pace Analytical Services LLC_x000D_
- Food Safety Net Services_x000D_
- IEH Laboratories & Consulting Group_x000D_
- TestAmerica Laboratories Inc._x000D_
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What Are The Key Trends In The Residue Testing Global Market Report?_x000D_
- Rapid testing technologies_x000D_
- Adoption and use of blockchain for traceability_x000D_
- Strategic collaborations in testing services_x000D_
- Customization of testing protocols_x000D_
- Multi-residue analysis methods_x000D_
- Detection of mycotoxins_x000D_
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What Are The Segments Of The Global Residue Testing Global Market Report?_x000D_
- By Type: Chromatography, Spectroscopy, Immunoassay, Other Types_x000D_
- By Product Type: Pesticide Residues, Toxins, Heavy Metals, Food Allergens, Other Types_x000D_
- By Application: Meat And Poultry, Dairy Products, Processed Foods, Fruits And Vegetables, Cereals, Grains And Pulses, Nuts, Seed And Spice, Other Applications_x000D_
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Which Region Leads The Residue Testing Global Market Report 2025?_x000D_
North America was the largest region in the residue testing market in 2024, however, Asia-Pacific is expected to be the fastest growing region in the forecast period that includes regions such as Western Europe, Eastern Europe, South America, Middle East, and Africa._x000D_
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Pre-book the report for swift delivery:_x000D_
https://www.thebusinessresearchcompany.com/report/residue-testing-global-market-report-_x000D_
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What Is Covered In The Residue Testing Global Market Report 2025?_x000D_
- Market Size Analysis: Analyze the Residue Testing Global Market Report 2025 size by key regions, countries, product types, and applications._x000D_
- Market Segmentation Analysis: Identify various subsegments within the Residue Testing Global Market Report 2025 _x000D_
- Key Player Focus on key players to define their market value, share, and competitive landscape._x000D_
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market._x000D_
- Market Contribution: Evaluate contributions of different segments to the overall Residue Testing Global Market Report 2025 growth._x000D_
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers._x000D_
- Industry Challenges: Analyze challenges and risks affecting the Residue Testing Global Market Report 2025._x000D_
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and launches in the market._x000D_
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Request Customization for the Report:_x000D_
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