Global Agricultural and Environmental Diagnostics market is Projected to Grow at a Healthy CAGR by 2022

Global Agricultural and Environmental Diagnostics market is valued at $2.88 billion in 2015 and is expected to reach a value of $7.9 billion by 2022 at a CAGR of 15.5%. The factors that are driving the market growth include globalization of food supply, increasing investments in R&D for new product development, advancements in microbial testing, growing consumer awareness and stringent food safety regulations. Rising concerns over food and water safety globally continue to increase the need for testing contaminants, there by generating strong demand for agricultural and environmental diagnostics.

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Emerging markets are expected to fuel future growth relying on agricultural commodity exports. Europe represents the largest market worldwide whereas, North America represents the second largest region globally. Asia-Pacific is expected to be the fastest growing regional market with a CAGR of more than 18% over the forecast period. Pathogens such as Escherichia coli, salmonella, listeria, and several others are linked to several food borne illnesses affecting millions of individuals across the globe. Testing of food products is gaining significance, owing to growing demand for specialist diets in developed markets, and an increasing demand for cheaper, convenience food.

The key players in the Agricultural and Environmental Diagnostics market include 3M Company, BioControl Systems, Evans Analytical Group LLC, Intertek Group plc., IDEXX Laboratories, Life Technologies Corporation, Neogen Corporation, PerkinElmer, Inc., R-Biopharm AG, Romer Labs Diagnostic GmbH, BioMerieux SA, Charm Sciences, Inc, Thermo Fisher Scientific, Inc, Agdia Inc and C-Qentec Diagnostics.

Technologies Covered:
Microbiology
Mycotoxin
Pesticide Residue

Products Covered:
Food Microbiological
Pathogen
Food Residue
Antibiotic
Environmental Residue

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Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

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