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Residue Testing Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
What industry-specific factors are fueling the growth of the residue testing market?Rising instances of chemical contamination in food manufacturing sectors are set to fuel the growth of the residue testing market. This contamination involves the presence or introduction of certain chemical substances in food items. This growing occurrence urges the need for rigorous inspection, testing and certification to cleanse the food product, thus employing the use of residue testing. For example, as per data from the World Health Organization (WHO), a global health agency of the United Nations, in May 2022, nearly 1 in every 10 individuals among 600 million reportedly fell sick due to consumption of polluted food. Additionally, approximately 420,000 people die annually from food contamination, leading to the loss of 33 million healthy years of life. Hence, the surging episodes of chemical contamination are contributing to the expansion of the residue testing market.
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What Is the projected market size and growth rate for the residue testing market?
In the past few years, the residue testing market size has experienced considerable growth. It's anticipated to expand from $4.99 billion in 2024 to $5.31 billion in 2025 with a compound annual growth rate (CAGR) of 6.4%. The growth during the historic period is linked to factors such as food safety regulations, rising pesticide use, heightened consumer awareness, quality assurance in farming, strict regulation of veterinary drugs, environmental pollution worries, and concerns related to public health.
In the upcoming years, an impressive surge is projected in the residue testing market, with the market size anticipated to reach $7.32 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.4%. The substantial growth during the forecast period can be associated with factors like the emphasis on microbial residue testing, worldwide standardization processes, consumer demand for more transparent practices, preventative residue management strategies, and the influence of climate change on residue levels. Key trends for the forecast period encompass the development of quick testing technologies, the application of blockchain for improved traceability, strategic partnership initiatives in testing services, customization of testing protocols, implementation of multi-residue analysis techniques, and detection of mycotoxin.
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What new trends are reshaping the residue testing market and its opportunities?
Prominent firms in the residue testing market are evolving with the creation of mobile labs specifically intended for tea leaf testing, with a focus on improving the precision and effectiveness of pesticide residue and contaminant detection. The mobility of these labs allows for on-the-spot testing, quickening the process of receiving results and enabling urgent remedial actions if the detected levels are deemed unsafe. This advancement underlines the increasing significance of quality assurance within the tea industry. In a specific case in June 2024, a company from Luxembourg named Eurofins Agro Laboratories introduced their mobile residue testing lab. The lab promotes the acceleration of on-site testing, thus improving the effectiveness of the quality control system. Advanced testing methods, including High-Performance Liquid Chromatography (HPLC) and Gas Chromatography-Mass Spectrometry (GC-MS), are utilized by the novel mobile lab, which are essential for the precise analysis of chemical compositions like caffeine and polyphenol levels - key indicators of tea quality.
What major market segments define the scope and growth of the residue testing market?
The residue testing market covered in this report is segmented -
1) By Type: Chromatography, Spectroscopy, Immunoassay, Other Types
2) By Product Type: Pesticide Residues, Toxins, Heavy Metals, Food Allergens, Other Types
3) By Application: Meat And Poultry, Dairy Products, Processed Foods, Fruits And Vegetables, Cereals, Grains And Pulses, Nuts, Seed And Spice, Other Applications
Subsegments:
1) By Chromatography: Gas Chromatography (GC), Liquid Chromatography (LC), High-Performance Liquid Chromatography (HPLC)
2) By Spectroscopy: Mass Spectrometry (MS), Infrared Spectroscopy (IR), Ultraviolet-Visible Spectroscopy (UV-Vis)
3) By Immunoassay: Enzyme-Linked Immunosorbent Assay (ELISA), Radioimmunoassay (RIA), Lateral Flow Assays
4) By Other Types: Microbial Testing, Electrochemical Analysis, Other Analytical Method
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Which region dominates the residue testing market?
North America was the largest region in the residue testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the residue testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the residue testing industry growth?
Major companies operating in the residue testing market are Eurofins Scientific SE, Bureau Veritas SA, SGS SA, Intertek Group PLC, Symbio Laboratories Pty Ltd., ALS Limited, AsureQuality Limited, Microbac Laboratories Inc., QTS Analytical Ltd., NSF International, Arbro Pharmaceuticals Private Limited, Fera Science Limited, AB Sciex LLC, Trilogy Analytical Laboratory Inc., Waters Agricultural Laboratories Inc., Neogen Corporation, Mérieux NutriSciences Corp., Romer Labs Division Holding GmbH, TÜV SÜD AG, Nelson Laboratories LLC, Pacific BioLabs Inc., Pace Analytical Services LLC, Avomeen Analytical Services, Brooks Applied Labs LLC, EMSL Analytical Inc., Exova Group Limited, Food Safety Net Services, IEH Laboratories & Consulting Group, Maxxam Analytics, Micro Quality Labs Inc., Midwest Laboratories Inc., RJ Lee Group Inc., Silliker Inc., SRC Analytical Laboratories, Summit Environmental Technologies Inc., TestAmerica Laboratories Inc., Whitehouse Laboratories
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What Is Covered In The Residue Testing Global Market Report?
• Market Size Forecast: Examine the residue testing market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the residue testing market for a structured understanding.
• Key Players Overview: Analyze major players in the residue testing market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the residue testing market.
• Segment Contributions: Evaluate how different segments drive overall growth in the residue testing market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the residue testing market.
• Industry Challenges: Identify potential risks and obstacles affecting the residue testing market.
• Competitive Landscape: Review strategic developments in the residue testing market, including expansions, agreements, and new product launches.
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