Agricultural Testing Market Size, Analysis, Trends, and Forecasts

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MarketsandMarkets Presents
Agricultural Testing Market - Forecast to
2022 https//www.marketsandmarkets.com/Market-Repo
rts/agricultural-testing-market-203945812.html

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The report "Agricultural Testing Market by Sample
(Soil, Water, Seed, Compost, Manure, Biosolids,
Plant Tissue), Application (Safety Testing
(Toxins, Pathogens, Heavy Metals), Quality
Assurance), Technology (Conventional, Rapid), and
Region - Global Forecast to 2022",agricultural
testing market is estimated to be valued at USD
4.56 Billion in 2017, and is projected to reach
USD 6.29 Billion by 2022, at a CAGR of 6.64. The
market is driven by stringent safety and quality
regulations for agricultural commodities,
increase in outbreaks of foodborne illnesses, and
rapid industrialization leading to the disposal
of untreated industrial waste into the
environment. Browse 72 market data Tables and 35
Figures spread through 138 Pages and in-depth TOC
on "Agricultural Testing Market - Global Forecast
to 2022 Implementation of stringent safety
testing laws led Europe to dominate in
Agriculture testing market Europe accounted for
the largest market share in the agricultural
testing market. The dominant share of this region
is attributed to the stringency in food safety,
environmental, and agricultural regulations and
laws pertaining to the nutritional content,
chemicals, and labeling. Europe also has the
highest number of testing laboratories among all
regions. The Asia Pacific market is projected to
grow at the highest CAGR from 2017 to 2022 and is
driven by China, Japan, India, and Australia
this growth can be attributed to the increase in
awareness about food safety norms and
implementation of regulations for their testing
in these countries. Download PDF Brochure
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• Spectrometry chromatographic technologies
  contributed to the fastest growing rapid
  technology market in agriculture testing
• The agricultural testing services market, by
  technology, has been segmented into conventional
  and rapid. The rapid technology segment is
  estimated to dominate the market in 2017, and is
  projected to grow at a higher CAGR by 2022. This
  can be attributed to low turnaround time, higher
  accuracy, sensitivity, and ability to test a wide
  range of bacteria in comparison to conventional
  technological methods.
• The safety testing is projected to be the fastest
  growing market in application segment
• The agricultural testing market, by application,
  has been segmented into safety testing and
  quality assurance. The global market, by
  application, was dominated by the quality
  assurance segment in 2016. The dominance of
  quality assurance in agricultural testing is
  attributable to the fact that it aids in
  proactively resolving major problems related to
  soil fertility, available water quality for
  irrigational facilities, and identifying required
  nutrients essential for a more robust growth and
  development of crops and other agricultural
  produce. The market for safety testing is
  projected to be the fastest-growing during the
  forecast period. Safety testing of agricultural
  samples is conducted to test samples for targets
  such as toxins, pathogens, heavy metals,
  pesticides, GMOs, and other organic contaminants.
  A growing importance given to safety laws for
  agricultural produce and food commodities is
  expected to boost the market for this segment
  during the forecast period.
• Request for sample Pages https//www.marketsandma
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Water and soil are the fast growing segments in
agricultural testing during the forecast
period The global market, based on sample, has
been segmented into soil, water, seed, compost,
manure, biosolids, and plant tissue. The market
for testing for soil is estimated to dominate in
2017, and is also projected to be the second
fastest-growing segment during the forecast
period. The growing contamination of soil, caused
by wastewater and industrial effluents, has been
propelling the importance of soil testing this,
in turn, is driving the market for agricultural
testing. Driver Stringent safety and quality
regulations for agricultural commodities Growing
complexities in the supply chain, lack of
adoption of good agricultural practices (GAP),
and absence of proper hygiene sanitation
practices have resulted in increasing instances
of contamination of food, feed, and agricultural
products at the beginning of the supply chain,
which are responsible for large-scale outbreaks
of illnesses and poisoning in both humans and
livestock. This has caused severe concerns among
farmers, livestock producers, end consumers,
regulatory authorities, and other industry
stakeholders. Furthermore, in countries such as
the US, Canada, Australia, and countries in the
European Union, various mechanisms have been
formed, and there is a strong emphasis in the
framework regarding monitoring policies and their
strict enforcement to attain higher transparency
in the supply chain and ensure traceability. Such
moves have ensured that contaminated food, feed,
and agricultural products face border rejections
and are quarantined. Moreover, violators are
penalized with heavy fines and have their
licenses revoked. Therefore, in order to comply
with the safety and quality parameters set by
various regulatory authorities, agricultural
testing is increasingly being adopted as an
essential pre-emptive measure. Make an Inquiry
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• Recent Developments
• In January 2018, Eurofins acquired Tsing Hua
  Testing Analysis Co., Ltd. (Vietnam) which is a
  leading player in environmental and agricultural
  testing market for water and soil. With this
  acquisition, the company expanded its reach in
  Vietnam.
• In November 2017, SGS acquired BioVision Seed
  Research (Canada). This helped the company in
  adding three accredited seed, grain, and soil
  testing laboratories in Canada, thereby expanding
  its presence in the country.
• In November 2017, Intertek expanded its
  agricultural testing laboratory in New Orleans
  (US) and upgraded equipment in order to enhance
  its agricultural testing services in the US.
• In October 2017, ALS Limited acquired Mikrolab
  Group (Sweden), which provides agricultural,
  pharmaceutical, environmental, and food testing
  to a wide range of clients in Sweden, thereby
  expanding the companys presence in the country.
• In March 2017, Bureau Veritas acquired Schutter
  Group B.V. (Netherlands), with a view of
  diversifying its service portfolio by leveraging
  Schutters expertise in inspection, laboratory
  testing, risk management, supply chain auditing,
  and certification, in the field of food and
  agricultural commodities and expanding its
  geographic footprint.
• Critical questions the report answers
• Where will all these developments take the
  industry in the long term?
• What are the upcoming trends for the Agricultural
  testing market?
• Which segment provides the most opportunity for
  growth?
• Who are the leading vendors operating in this
  market?
• What are the opportunities for new market
  entrants?
• Speak to Analyst https//www.marketsandmarkets.co
  m/speaktoanalystNew.asp?id203945812

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