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Global Residue Testing Market Projected to Grow at 8.4% CAGR, Reaching $7.32 Billion by 2029
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Will the Residue Testing Industry Market Size Be by 2025?
Over the past few years, the market size for residue testing has seen substantial growth. It is projected to escalate from $4.99 billion in 2024 to $5.31 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. Factors responsible for the growth observed in the historic period include increased pesticide usage, quality assurance in farming, stringent regulation on veterinary drugs, awareness among consumers, environmental pollution issues, food safety rules, and concerns related to public health.
What's the Long-Term Growth Forecast for the Residue Testing Market Size Through 2029?
In the coming years, the residue testing market size is anticipated to experience robust growth, escalating to $7.32 billion in 2029 with an 8.4% compound annual growth rate (CAGR). The projected growth in this period can be linked to increased attention on microbial residue testing, worldwide alignment of standards, the consumer requirement for transparency, managing residue preventively, and the effects of climate change on residue levels. Key trends expected during this forecast period encompass swift testing technologies, using blockchain for traceability, strategic partnerships in testing services, personalization of testing protocols, methods for multiple residue analysis, and the detection of mycotoxins.
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What Are the Key Growth Drivers Fueling the Residue Testing Market Expansion?
The escalating incidences of chemical contamination in food manufacturing sectors are predicted to drive the growth of the residue testing market. Chemical contamination pertains to the presence or insertion of chemical substances in food items. The increasing contamination necessitates checks, tests, and authorization to clean the product, which is where residue testing comes into play. For example, in May 2022, as per WHO, a global public health institution under the UN, it was calculated that out of 600 million, nearly 1 in 10 individuals become sick after consuming contaminated food. Additionally, approximately 4,20,000 individuals die annually from contaminated food, resulting in the loss of 33 million healthy years of life. As a result, the escalating incidents of chemical contamination are fueling the expansion of the residue testing market.
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What Are the Key Trends Driving Residue Testing Market Growth?
Prominent players in the residue testing market are pioneering mobile residue testing laboratories, specifically constructed to improve the efficiency and accuracy of pesticide residue detection and contamination in tea leaves. These mobile labs offer on-spot testing, therefore minimizing time delays for obtaining results and facilitating immediate necessary adjustments when harmful levels are found. This development is noteworthy for numerous reasons, indicating an increasing emphasis on quality assurance within the tea sector. For illustration, Eurofins Agro Laboratories, headquartered in Luxembourg, commenced a mobile residue testing lab in June 2024. The mobile lab provides swift on-site testing, augmenting the efficacy of quality control measures. This novel mobile lab employs progressive testing techniques such as High-Performance Liquid Chromatography (HPLC) and Gas Chromatography-Mass Spectrometry (GC-MS); both are vital for precise analysis of chemical components, including caffeine and polyphenol contents, significant indicators of the quality of tea.
How Is the Residue Testing Market Segmented?
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 Companies Are Leading the Charge in Residue Testing Market Innovation?
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
Which Regions Are Leading the Global Residue Testing Market in Revenue?
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.
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