Animal Product Residue Monitoring Market to Observe Prominent CAGR in the 3.10% by 2029, Size, Share, Trends, Demand, Growth, Challenges and Competitive Outlook

Data Bridge Market Research analyses that the animal product residue monitoring market was valued at USD 4705.00 million in 2021 and is expected to reach the value of USD 6006.60 million by 2029, at a CAGR of 3.10% during the forecast period.

Market Definition:

Animal product residue or chemical residue can be found in the animal tissues, milk, honey or eggs after administering the veterinary drugs and medicated premixes, applying pesticides to animals or consuming stock feeds previously treated with agricultural chemicals. The targeted monitoring systems for animal product residues are designed to meet relevant management goals or to track possible chemical residues that may present the risk of access to exports or domestic markets.

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The major players covered in Eurofins Scientific (Luxembourg), Bureau Veritas (France), SGS SA (Switzerland), Intertek Group plc (U.K.), Mérieux NutriSciences Corporation (France), ALS (Australia), AsureQuality. (New Zealand), Scientific Certification Systems, Inc. (U.S.), Microbac Laboratories, Inc. (U.S.), Symbio (U.S.), Life Technologies (India) Pvt Ltd (India), Merck KGaA (Germany), Neste (Finland), Microgen (U.K.), Arbro Pharmaceuticals Private Limited & Auriga Research Private Limited (India), Neogen NV (Belgium), R-Biopharm AG (Germany), TÜV NORD GROUP (Germany), ChainPoint. (Netherlands)

Competitive Landscape and Animal Product Residue Monitoring Market Share Analysis:

The animal product residue monitoring market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to animal product residue monitoring market.

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