Feed Testing Market Size 2020 Global Companies, Consumption, Drivers, Top Leading Countries, Trends, Forces Analysis, Revenue, Challenges and Global Forecast to 2024
Posted on Aug 13 2020 8:16 AM
"The Feed Testing Market report provides detailed analysis of Feed Testing Market Overview, Segmentation by Types, Potential Applications and Production Analysis with Forecast details. "
Global Feed Testing Market research report is a meticulous investigation of current scenario of the market, which covers several market dynamics. The Feed Testing Market Report also provides an analytical assessment of the prime challenges faced by Feed Testing Market currently and in the coming years, which helps Market participants in understanding the problems they may face while operating in this Feed Testing Market over a longer period of time.The leading industry players across the globe are explored in detail in this report. It demonstrates product overview, company summary, and manufacturing cost, capacity, and market shares for most of the participants.
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The Feed Testing Market business development trends and selling channels square measure analyzed. From a global perspective, it also represents overall industry size by analyzing qualitative insights and historical data.
The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers and restraining factors which will define the future growth of the Feed Testing market.
Owing to the rising awareness for meat safety across the world, the global feed testing market has been in high demand. The regulatory bodies have been implementing several feed testing regulations to manufacture safe feed of high quality, using good manufacturing practices (GMP), good agriculture practices (GAP), and hazard analysis critical control point (HACCP) systems.
The majorly used feed substances like cereals are easily prone to fungal growth, owing to high moisture levels. Thus, the mycotoxin testing segment holds the major share in the feed testing market. Mold, yeast, vomitoxin counts, mold identification, and enterobacteria counts are gaining popularity in the feed testing market. Owing to the strict government regulations, North America has the major share in the feed testing market, followed by Europe.
Europe also has a sizeable market and a good number of firms in feed testing. Western Europe, with its highly aware consumers, is a good market for feed testing. Asia-Pacific is the fastest growing market globally.
Disease Outbreaks Driving the Market for Feed Testing
The outbreak of livestock diseases is related to the livestock feed. The use of quality feed is proven to increase the immunity and health of the livestock, thus, helping to fight diseases. Quality feed is beneficial in countering the effects of unhygienic conditions, parasitic outbreaks, overcrowding of animals, use of antibiotics, etc. Moreover, concentrated animal feeding operations (CAFO) are making disease outbreaks easier. The meat obtained from infected animals falls under the category of meat that is unfit for consumption, as it acts as a carrier of deadly pathogens. The outbreak of most of the food contamination-related deaths in the last decade was as a result of contaminated meat consumption.
These incidents have gained the attention of feed producers to produce quality products to improve livestock health, performance, and obtain high quality and safe meat. The implementation of strict regulations, by the governments, to avoid disease outbreaks among animals expands the market further. Regulatory bodies, such as, the FDA, FAO, USDA and Europe in the North American and EU regions have made feed testing necessary before marketing.
Approval of Feed Testing Kits in US
In August 2017, AgraStripÂ® Total Fumonisin WATEXÂ® tests had been approved by US Department of Agricultureâ€™s Grain Inspection and The Packers & Stockyards Administration (GIPSA), for official testing of total fumonisin in feed in the US national grain inspection system. The kits, developed by Romer Lab, are a breakthrough technology in ready-to-use lateral flow devices (LFD) for on-site testing. The kits are available for aflatoxins (B1, B2, G1, and G2), deoxynivalenol, zearalenone, and fumonisins (B1, B2, B3) and allow a rapid analysis of a wide range of animal feed samples in an assay time of only three minutes.
Key Developments in the Market:
March 2018: Chr. Hansen to introduce real-time feed analysis
Feburary 2018: FSMA-related feed testing project seeks more volunteers to raise awareness for food safety
Major Players: R J HILL LABORATORIES LTD., EUROFINS SCIENTIFIC, GENON LABORATORIES LTD., amongst others.
Reasons to Purchase this Report
Study on the adoption of feed testing in developed regions and its effects on the feed industry.
Analyzing various perspectives of the market with the help of Porterâ€™s five forces analysis.
Study on the major players expected to dominate the market during the forecast period.
Study on the region expected to witness fastest growth during the forecast period.
Identify the latest developments, market shares and strategies employed by the major market players.
3 months analyst support along with the Market Estimate sheet (in excel).
Customization of the Report
This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
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Covered in this report
The Report Covers the Present Scenario and the Growth Prospects of the Global Feed Testing Market for 2020-2024. To calculate the market size, the report considers new installations or sales and subscription payments of Feed Testing.
The market is divided into the following segments based on geography:
- North America
- United States
Global Feed Testing Market 2020-2024, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Growing research activities coupled with new product launches.
- For a full, detailed list, view our report
- High Opportunity in the Industry
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- Complications associated with Feed Testing procedures.
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Key questions answered in this report
- What will the market size be in 2024 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Some Major Points from Toc :-
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.5 Degree of Competition
3.3 Price Analysis
4. Market Dynamics
5. Market Segmentation and Analysis (Market Size, Growth & Forecast)
5.1 By Product Type
5.2 By Application
5.3 By End-user Industry
6. Regional Market Analysis
6.1 Production Analysis
6.1.4 Democratic Republic of Congo
6.2 Consumption Analysis (Market Size, Growth and Forecast)
22.214.171.124 South Korea
126.96.36.199 Rest of Asia-Pacific
6.2.2 North America
188.8.131.52 United States
184.108.40.206 Rest of North America
220.127.116.11 United Kingdom
18.104.22.168 Rest of Europe
6.2.4 South America
22.214.171.124 Rest of South America
6.2.5 Middle East & Africa
126.96.36.199 South Africa
188.8.131.52 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
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