Global Feed Testing Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2024-2032)

Global Feed Testing Market Size

The global feed testing market is estimated to be around USD 2.30 billion in 2023. The market is expected to witness further growth in the forecast period of 2024-2032 and is expected to grow at an estimated CAGR of 6.50%, to reach a value of USD 4.05 billion in 2032.

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Feed Testing Market Growth

The rapidly growing meat and poultry industries are aiding the growth of the feed industry, which is supporting the growth of the feed testing market. The market is being aided by the rapid growth of the meat market, especially in the emerging regions of the Asia Pacific. As the meat processing industry is becoming more commercialised and mechanised, there is a greater risk of feed contamination. The growing commercialisation of the meat industry is also leading to the risk of overcrowding, which can also lead to contamination.

Feed Testing Market Trends

With governments implementing strict regulations and fines against feed contamination, companies are seeking to update their feed safety criteria to meet the regulatory requirements. With companies and governments undertaking greater feed testing regularly, the feed testing demand is expected to witness upward trajectory in the coming years. The rising awareness among consumers regarding the safety and hygiene of food products is also aiding the industry growth. The rise in innovation in testing technology is also expected to drive the industry growth in the coming years.

Recent Developments

As per the feed testing market dynamics and trends, in Feb 2024, the Indian government announced the opening of a new microbiology laboratory for food testing and 17 Food Safety on Wheels (FSW) vehicles in the state of Assam. This food laboratory is set up by the Food Safety Standards Authority of India (FSSAI) to enhance the food testing infrastructure.

Industry Outlook

The largest increase in feed production was seen in the Asia-Pacific region, growing from 433.610 million metric tons in 2020 to 458.121 million metric tons in 2021, marking a growth of 5.7%. According to the feed testing industry analysis, Europe experienced a decline in feed production, dropping from 270.205 million metric tons in 2020 to 266.840 million metric tons in 2021, a decrease of 1.2%. North America saw an increase in feed production, from 248.123 million metric tons in 2020 to 252.928 million metric tons in 2021, which is a growth of 1.9%.

Feed production in Latin America slightly increased from 177.572 million metric tons in 2020 to 178.382 million metric tons in 2021, a modest growth of 0.5%. Africa showed a 2.4% growth in feed production, from 43.201 million metric tons in 2020 to 44.221 million metric tons in 2021, which supported the growth of the feed testing industry. Middle East experienced a decrease in feed production, from 24.791 million metric tons in 2020 to 24.592 million metric tons in 2021, a decline of 0.8%. Feed production in Oceania saw a slight growth, from 10.359 million metric tons in 2020 to 10.433 million metric tons in 2021, an increase of 0.7%. Overall, global feed production increased from 1,207.861 million metric tons in 2020 to 1,235.517 million metric tons in 2021, reflecting a total growth of 2.3%. This indicates varying regional dynamics in feed production with significant growth in the Asia-Pacific and Africa, stability in North America and Oceania, and declines in Europe and the Middle East.

According to USDA, Mexico is listed as the largest market with a total export value of USD 7.66 billion of grains, feeds, and fodders export, followed by China with USD 4.19 billion, and Japan with USD 3.81 billion, which contributes to the feed testing industry revenue. Canada and Colombia are also significant markets, having export values of USD 1.7 billion and USD 1.45 billion, respectively. South Korea rounds out the list with exports worth USD 1.12 billion.

Significant Regulations Driving the Success of the Global Feed Testing Market

• Stringent regulations on feed quality worldwide drive demand for testing services to ensure compliance with safety standards, increasing the feed testing market value.

• Advanced technologies in testing methods provide more accurate and faster results, enhancing service quality.

• Increased awareness of the link between feed quality and animal health boosts the demand for comprehensive feed testing.

Inadequate Testing Facilities in Developing Regions Impacting the Global Feed Testing Market

• Advanced testing methods can be expensive, which may deter small-scale producers from regular testing and hinder the feed testing demand growth.

• Inadequate testing facilities and technologies in some regions can limit market penetration. 

• The complexity and technical nature of some tests may require skilled personnel, which can be a constraint in areas with limited expertise.

Significant Growth of Livestock Population Shaping the Global Feed Testing Market

• Increasing livestock production in developing countries can positively influence feed testing demand forecast.

• Leveraging information technology for data management and result dissemination can improve efficiency and customer service.

• Innovations that allow for simultaneous detection of multiple contaminants can offer new product and service opportunities.

Volatile Economic Conditions Could Impact the Global Feed Testing Market

• Differences in regulations across countries can complicate standardization and global expansion, reducing feed testing market opportunities.

• Economic downturns can reduce demand as producers might cut costs by reducing testing frequency.

• Large producers developing in-house capabilities to conduct their own tests could reduce demand for external services.

Key Price Indicators in Global Feed Testing Market

• The adoption of newer, more sophisticated testing technologies can increase the cost of feed testing services.

• Stricter regulations may require more comprehensive testing, leading to higher prices for these services, which can affect the feed testing market revenue. 

• Large-scale testing operations can achieve economies of scale, potentially reducing per-test costs.

• High competition in well-developed markets can drive down prices, whereas fewer competitors in emerging markets might keep prices higher.

• The extent and variety of tests required (e.g., pathogens, toxins, nutritional analysis) influence the overall cost of services.

• Costs can vary significantly based on the location due to differences in regulatory environments, operational costs, and logistic expenses.

Key Demand Indicators in Global Feed Testing Market Share

• Stringent animal feed regulations globally drive the need for compliance testing services.

• Greater awareness of the impact of feed quality on animal health boosts demand of feed testing market.

• Increases in livestock and poultry production necessitate more feed testing to ensure quality and safety.

• Consumer demand for safe animal-derived products like meat, dairy, and eggs influences the need for thorough feed testing.

What Major Factors are Influencing the Competitive Landscape of the Global Feed Testing Market?

• The ability to offer services that meet diverse and strict global regulations can differentiate competitors.

• Companies that provide a broad range of testing services, including pathogen detection, nutritional labeling, and toxin analysis, can attract a wider client base and boost feed testing market share.

• Firms with facilities in multiple key markets can serve international clients more effectively, enhancing their competitive position.

• Strategic alliances with feed producers and regulatory bodies can improve service offerings and market reach.

• Competitive pricing strategies are essential in attracting price-sensitive customers in various regional markets.

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Feed Testing Industry Segmentations

Feed testing is the evaluation of feed quality for its suitability for consumption by animals. It tests for contaminants like fungi, bacteria, and viruses, along with the presence of harmful hormones and chemicals. It tests livestock feed like poultry, swine, pet, cattle, and aquafeed, among others.

The industry is bifurcated into traditional and rapid technology by technology. The testing methods available in the industry are:

• Chemical Testing 

• Physical Testing

• Nutritional Testing

• Microbiological Testing 

• Pathogen Testing

• Others

North America, the Asia Pacific, Latin America, the Middle East and Africa, and Europe are the leading regional markets for feed testing.

Competitive Landscape

May 2018- Eurofins Scientific announced the opening of its Suzhou, China-based food testing laboratory, which provides compliance testing for feed and food samples according to the regulations of China, Japan, the United States of America, and the European Union (EU).

The report analyses the following key players in the global feed safety testing market, covering their capacities, market share, and latest developments like capacity expansions, plant turnarounds, and mergers, acquisitions, and investments:

• SGS Group

• R J Hill Laboratories Limited.

• Eurofins Scientific

• Intertek Group plc

• Romer Labs Division Holding GmbH

• NSF International

• Others

The comprehensive report by EMR looks into the macro and micro aspects of the industry. The report also assesses the market based on Porter’s Five Forces model as well as providing a SWOT analysis of the market.

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Feed Testing Market Regional Analysis

North America and Europe, which have extensive feed testing regulations and accreditations, are the major regional markets in the region. Regulations have been put in place in these regions due to the rising cases of animal feed being compromised with harmful chemicals, hormones, pathogens, and other contaminants, which impacts the feed testing market expansion. In the early 2000s, Europe was plagued with the infiltration of hormone-tainted feed in countries like Germany, Belgium, and the Netherlands as feed was found contaminated with medroxyprogesterone acetate (MPA), a hormone which causes infertility in animals and humans. Cancer-causing herbicide nitrofen was also detected in the organic farms of Germany during the same period. Such incidents have led to stricter implementation of feed testing by companies and governments in the area, thus, promoting the growth of the feed testing industry.

In the US, the Food Safety Modernization Act (FSMA) was introduced in 2011 to prevent rather than react to the problems of human and animal food contamination, which is a crucial trend in feed testing market. The quality of animal feed is also being controlled according to the Animal Feed Regulatory Program Standards (AFRPS) by FDA, which were last updated in 2017. These regulations are encouraging the growth of the feed testing industry. The industry is also expected to witness a healthy growth in the Asia Pacific as the region is witnessing a rising consumption of poultry and pork in countries like China and India, leading to a rising need for feed testing.

Mycotoxins are one of the most common substances, which are tested for in the animal feed. It contaminates a wide range of crops and fruits and is the secondary metabolite of mould. It is toxic to humans and animals. With the cereals, which are used for feed applications, being susceptible to fungi formation, there are multiple regulations regarding the presence of mycotoxins in feed. Currently, over 100 countries have regulations pertaining to mycotoxins in food and feed, thus, supporting the feed testing industry development in this segment.

Key Highlights of the Report

Feed Testing Market Report Snapshots

Feed Testing Market Size

Feed Testing Market Growth

Feed Testing Market Trends

Feed Testing Market Analysis

Feed Testing Companies

Feed Testing Market Regional Analysis