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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Feed Testing Market 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.
Feed Testing Market Report Snapshots
Feed Testing Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market attained a value of approximately USD 2.30 billion.
The market is projected to grow at a CAGR of 6.50% between 2024 and 2032.
The major drivers of the market include growing population, rising demand for meat and poultry, increasing research and development investment, and regulations of various governments for feed testing.
Growing customer awareness for safety and hygiene of food and the rising technological innovations are the key trends propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America and Europe accounting for the largest share in the market.
Traditional technology and rapid technology are the major technologies in the global feed testing market.
Chemical testing, physical testing, nutritional testing, microbiological testing, and pathogen testing, among others are the different testing methods in the market.
The different feed stock in the market include poultry feed, swine feed, pet feed, cattle feed, and aquafeed, among others.
The major players in the market are SGS Group., R J Hill Laboratories Limited., Eurofins Scientific, Intertek Group plc, Romer Labs Division Holding GmbH, and NSF International, among others.
The market is estimated to reach a value of about USD 4.05 billion by 2032.
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