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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
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.
| Global Feed Testing Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 2.30 |
| Market Size 2032 | USD Billion | 4.05 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 6.5% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 7.5% |
| CAGR 2024-2032 - Market by Country | India | 8.1% |
| CAGR 2024-2032 - Market by Country | China | 7.2% |
| CAGR 2024-2032 - Market by Technology | Rapid Technology | 7.3% |
| CAGR 2024-2032 - Market by Feed Stock | Pet Feed | 7.6% |
| Market Share by Country 2023 | France | 3.5% |
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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124