Global Residue Testing Market: - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023

 Published On: Oct, 2017 |    No of Pages: 197 |  Published By: Precision Business Insights | Format: PDF
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Global Residue Testing Market: By Residue Type [Toxins (Mycotoxins, Others), Pesticide Residues (Insecticide, Herbicide, Fungicide, Others), Food Allergens, Veterinary Drugs, Heavy Metals, By Technology (Immunoassay, Spectroscopy, Chromatography, Others)], By Application (Dairy products, Fruits & Vegetables, Meat & Poultry, Cereals, Grains & Pulses, Processed Foods, Functional Food Ingredients, Nuts, Seed & Spice, Others) and Country (U.S., Canada) – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023

Global Residue Testing Market:
 
Global Residue Testing Market estimated to be valued over US $3,300 Mn in 2016 and expanding at a growth rate about 7% from 2017 to 2023.

Agriculture residue is a word which is used to describe the small traces of veterinary and agricultural chemicals, their breakdown products which remain inside or outside of the agricultural product. In other words it is a contaminant which shows negative effects on the health and safety of the consumers. Usually residues include traces of heavy metals, mycotoxins, micro-organisms, among others. Residue testing is performed in order to determine whether the agro products complies with Minimum residue limits (MRL) or Maximum levels (ML) for chemical and metal residues and to check whether the soils contains any organochlorine insecticides residues such as DDT and dieldrin, among others.
 
Stringent regulations to test the hazardous elements, rising awareness and health concerns are enabling accelerate growth of the residue testing market. Furthermore, technological advancements in testing, growing international trade for the food materials, presence of large number of untapped markets in emerging regions and increasing in sustainable food production are also boosting the growth of the residue testing market globally. However, strict food production regulations, unavailability of food control infrastructure and resources, lack of awareness about the safety regulations are expected to hinder the growth of the residue testing market.
 
The residue testing market is classified on the basis of type of residue, technology, application, and geography.
 
Based on type, the residue testing market is segmented into the following:
Toxins
Mycotoxins
Others
Pesticide residues
Insecticides
Herbicides
Fungicides
Others
Food allergens
Veterinary drugs
Heavy metals
 
Based on technology, the residue testing market is segmented into the following:
Immunoassay
Spectroscopy
Chromatography (LC, GC, HPLC)
Other technologies
 
Based on application, the residue testing market is segmented into the following:
Dairy products
Fruits & vegetables
Meat & poultry
Cereals, grains & pulses
Processed foods
Functional food ingredients
Nuts, seed & spice
Others
 
Residue testing market is expected to gain traction due to strong demand growth for packaged foods and specialty diets. Dissolution for trade obstacles and resulting improvements in international food trade has augmented the necessity for consolidation of residue testing regulations. Emerging markets in Asia pacific will offer great potential for residue testing market due to the high reliance on the agro commodities. Various developed regions have implemented the tolerance levels in food products which is fueling the residue market growth. Recent advancements in the microbial testing methods are expected to boost the residue testing market globally.

On the basis of geographical regions, residue testing market is classified as into five key regions as Europe, Asia-Pacific, North America, Middle East & Africa and Latin America. Europe and North America are dominating the residue testing market. Asia pacific is leading the residue testing market due to tremendous increase in food regulations in countries like India and china, presence of untapped markets, growing population pool, increasing food exports and imports, and inclination of focus towards the Asia Pacific countries. For instance, Eurofins has expanded its food testing labs to China in order to strengthen its market presence and to grab opportunities.
 
Some of the players in residue testing market are Intertek Group plc. (U.K.), SGS S.A. (Switzerland),  Silliker Inc. (U.S.), Eurofins Scientific (Luxembourg), Bureau Veritas S.A. (France), ALS Limited (Australia), Microbac Laboratories, Inc. (U.S.) and AsureQuality Laboratories (New Zealand).

In January 2016, NSF International, an auditing, analyzing & certification services provider for food industries, dietary supplement and natural product acquired Authen Technologies a provider of Next-Gen DNA based species identification services to improve quality, authenticity and safety of natural products, dietary supplements etc.
 
In 2016 December, SGS has acquired Biopremier stakes in order to compete in next generation sequencing technique of food allergen.
 
Report Outline:
-The report provides granular level information about the market size, regional market share, and forecast from 2017-2023
-The report covers in-detail insights about the competitor’s overview, key findings, and their key strategies
-The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
-The report tracks recent innovations, key developments, and startup’s details that are working in the industry
-The report provides plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1. Executive summary
2. Global Residue Testing Market Introduction
2.1. Global Residue Testing Market – Taxonomy
2.2. Global Residue Testing Market –Definitions
2.2.1. Residue Type
2.2.2. Application
2.2.3. Technology
3. Global Residue Testing Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Residue Testing Market Dynamics – Factors Impact Analysis
3.6. Global Residue Testing Market – Regulations
3.6.1. U.S
3.6.2. Europe
3.6.3. Japan
3.6.4. China
3.7. Global Residue Testing Market – Product Innovations
4. Global Residue Testing Market Analysis, 2012 - 2016 and Forecast, 2017 – 2023
4.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Oppurtunity Analysis
5. Global Residue Testing Market, By Residue Type, 2012 - 2016 and Forecast, 2017 - 2023
5.1. Toxins
5.1.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.1.3. Market Opportunity Analysis
5.1.4. Mycotoxins
5.1.4.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
5.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.1.5. Others
5.1.5.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
5.1.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%)and Market Share Analysis
5.2. Pesticide Residues
5.2.1. Insecticide
5.2.1.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
5.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.2.2. Herbicide
5.2.2.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
5.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.2.3. Fungicide
5.2.3.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
5.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.2.4. Other
5.2.4.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
5.2.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.2.5. Market Opportunity Analysis
5.3. Food Allergens
5.3.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.3.3. Market Opportunity Analysis
5.4. Veterinary Drugs
5.4.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.4.3. Market Opportunity Analysis
5.5. Heavy Metals
5.5.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
5.5.3. Market Opportunity Analysis
6. Global Residue Testing Market Forecast, By Technology, 2012 - 2016 and Forecast, 2017 - 2023
6.1. Immunoassay
6.1.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
6.1.3. Market Opportunity Analysis
6.2. Spectroscopy
6.2.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
6.2.3. Market Opportunity Analysis
6.3. Chromatography (LC, GC, HPLC)
6.3.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
6.3.3. Market Opportunity Analysis
6.4. Others
6.4.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
6.4.3. Market Opportunity Analysis
7. Global Residue Testing Market Forecast, By Application, 2012 - 2016 and Forecast, 2017 - 2023
7.1. Dairy Products
7.1.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.1.3. Market Opportunity Analysis
7.2. Fruits & vegetables
7.2.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.2.3. Market Opportunity Analysis
7.3. Meat & poultry
7.3.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.3.3. Market Opportunity Analysis
7.4. Cereals, grains & pulses
7.4.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.4.3. Market Opportunity Analysis
7.5. Processed foods
7.5.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.5.3. Market Opportunity Analysis
7.6. Functional food ingredients
7.6.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.6.3. Market Opportunity Analysis
7.7. Nuts, seed & spice
7.7.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
7.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
7.7.3. Market Opportunity Analysis
8. Global Residue Testing Market Forecast, By Region, 2012 - 2016 and Forecast, 2017 - 2023
8.1. North America
8.1.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
8.5.3. Market Opportunity Analysis
8.6. Global Residue Testing Market - Opportunity Analysis Index, By Residue Type, Technology, Application, and Region, 2017 – 2023
9. North America Residue Testing Market Analysis, 2012 - 2016 and Forecast, 2017 - 2023
9.1.1. Residue Type Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1.1. Toxins
9.1.1.1.1. Micotoxins
9.1.1.1.2. Others
9.1.1.2. Pesticide Residues
9.1.1.2.1. Insecticides
9.1.1.2.2. Herbicides
9.1.1.2.3. Fungicides
9.1.1.2.4. Others
9.1.1.3. Food Allergens
9.1.1.4. Veterinary Drugs
9.1.1.5.  Heavy Metals
9.1.2. Technology Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.1.2.1. Immunoassay
9.1.2.2. Spectroscopy
9.1.2.3. Chromatography (LC, GC, HPLC)
9.1.2.4. Other technologies
9.1.3. Application Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.1.3.1. Dairy products
9.1.3.2. Fruits & vegetables
9.1.3.3. Meat & poultry
9.1.3.4. Cereals, grains & pulses
9.1.3.5. Processed foods
9.1.3.6. Functional food ingredients
9.1.3.7. Nuts, seed & spice
9.1.3.8. Others
9.1.4. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.1.4.1. U.S.
9.1.4.2. Canada
9.1.5. North America Residue Testing Market - Opportunity Analysis Index, By Residue Type, Technology, Application, and Country, 2017 – 2023
9.1.6. North America Residue Testing Market Dynamics – Trends
10. Europe Residue Testing Market Analysis, 2012 - 2016 and Forecast, 2017 - 2023
10.1.1. Residue Type Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1.1. Toxins
10.1.1.1.1. Micotoxins
10.1.1.1.2. Others
10.1.1.2. Pesticide Residues
10.1.1.2.1. Insecticides
10.1.1.2.2. Herbicides
10.1.1.2.3. Fungicides
10.1.1.2.4. Others
10.1.1.3. Food Allergens
10.1.1.4. Veterinary Drugs
10.1.1.5.  Heavy Metals
10.1.2. Technology Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.1.2.1. Immunoassay
10.1.2.2. Spectroscopy
10.1.2.3. Chromatography (LC, GC, HPLC)
10.1.2.4. Other technologies
10.1.3. Application Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.1.3.1. Dairy products
10.1.3.2. Fruits & vegetables
10.1.3.3. Meat & poultry
10.1.3.4. Cereals, grains & pulses
10.1.3.5. Processed foods
10.1.3.6. Functional food ingredients
10.1.3.7. Nuts, seed & spice
10.1.3.8. Others
10.1.4. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.1.4.1. Germany
10.1.4.2. UK
10.1.4.3. France
10.1.4.4. Spain
10.1.4.5. Italy
10.1.4.6. Russia
10.1.4.7. Poland
10.1.4.8. Rest of Europe
10.1.5. Europe Residue Testing Market - Opportunity Analysis Index, By Residue Type, Technology, Application, and Country, 2017 – 2023
10.1.6. Europe Residue Testing Market Dynamics – Trends
11. Asia-Pacific Residue Testing Market Analysis, 2012 - 2016 and Forecast, 2017 - 2023
11.1.1. Residue Type Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1.1. Toxins
11.1.1.1.1. Micotoxins
11.1.1.1.2. Others
11.1.1.2. Pesticide Residues
11.1.1.2.1. Insecticides
11.1.1.2.2. Herbicides
11.1.1.2.3. Fungicides
11.1.1.2.4. Others
11.1.1.3. Food Allergens
11.1.1.4. Veterinary Drugs
11.1.1.5.  Heavy Metals
11.1.2. Technology Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.1.2.1. Immunoassay
11.1.2.2. Spectroscopy
11.1.2.3. Chromatography (LC, GC, HPLC)
11.1.2.4. Other technologies
11.1.3. Application Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.1.3.1. Dairy products
11.1.3.2. Fruits & vegetables
11.1.3.3. Meat & poultry
11.1.3.4. Cereals, grains & pulses
11.1.3.5. Processed foods
11.1.3.6. Functional food ingredients
11.1.3.7. Nuts, seed & spice
11.1.3.8. Others
11.1.4. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn),
Y-o-Y Growth (%), and Market Share (%)
11.1.4.1. Japan
11.1.4.2. China
11.1.4.3. India
11.1.4.4. ASEAN
11.1.4.5. Australia & New Zealand
11.1.4.6. Rest of Asia-Pacific
11.1.5. Asia-Pacific Residue Testing Market - Opportunity Analysis Index, By Residue Type, Technology, Application, and Country, 2017 – 2023
11.1.6. Europe Residue Testing Market Dynamics – Trends
12. Latin America Residue Testing Market Analysis, 2012 - 2016 and Forecast, 2017 - 2023
12.1.1. Residue Type Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1.1. Toxins
12.1.1.1.1. Micotoxins
12.1.1.1.2. Others
12.1.1.2. Pesticide Residues
12.1.1.2.1. Insecticides
12.1.1.2.2. Herbicides
12.1.1.2.3. Fungicides
12.1.1.2.4. Others
12.1.1.3. Food Allergens
12.1.1.4. Veterinary Drugs
12.1.1.5.  Heavy Metals
12.1.2. Technology Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.1.2.1. Immunoassay
12.1.2.2. Spectroscopy
12.1.2.3. Chromatography (LC, GC, HPLC)
12.1.2.4. Other technologies
12.1.3. Application Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.1.3.1. Dairy roducts
12.1.3.2. Fruits & vegetables
12.1.3.3. Meat & poultry
12.1.3.4. Cereals, grains & pulses
12.1.3.5. Processed foods
12.1.3.6. Functional food ingredients
12.1.3.7. Nuts, seed & spice
12.1.3.8. Others
12.1.4. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.1.4.1. Brazil
12.1.4.2. Mexico
12.1.4.3. Argentina
12.1.4.4. Venezuela
12.1.4.5. Rest of Latin America
12.1.5. Latin America Residue Testing Market - Opportunity Analysis Index, By Residue Type, Technology, Application, and Country, 2017 – 2023
12.1.6. Latin America Residue Testing Market Dynamics – Trends
13. Middle East and Africa Residue Testing Market Analysis, 2012 - 2016 and Forecast, 2017 - 2023
13.1.1. Residue Type Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1.1. Toxins
13.1.1.1.1. Micotoxins
13.1.1.1.2. Others
13.1.1.2. Pesticide Residues
13.1.1.2.1. Insecticides
13.1.1.2.2. Herbicides
13.1.1.2.3. Fungicides
13.1.1.2.4. Others
13.1.1.3. Food Allergens
13.1.1.4. Veterinary Drugs
13.1.1.5.  Heavy Metals
13.1.2. Technology Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.1.2.1. Immunoassay
13.1.2.2. Spectroscopy
13.1.2.3. Chromatography (LC, GC, HPLC)
13.1.2.4. Other technologies
13.1.3. Application Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.1.3.1. Dairy products
13.1.3.2. Fruits & vegetables
13.1.3.3. Meat & poultry
13.1.3.4. Cereals, grains & pulses
13.1.3.5. Processed foods
13.1.3.6. Functional food ingredients
13.1.3.7. Nuts, seed & spice
13.1.3.8. Others
13.1.4. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.4.1. Gulf Cooperation Council (GCC) Countries
13.1.4.2. Israel
13.1.4.3. South Africa
13.1.4.4. Rest of MEA
13.1.5. MEA Residue Testing Market - Opportunity Analysis Index, By Residue Type, Technology, Application, and Country, 2017 – 2023
13.1.6. MEA Residue Testing Market Dynamics – Trends
14. Competition Landscape
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. SGS SA
14.2.2. Intertek Group plc.
14.2.3. Eurofins Scientific
14.2.4. Bureau veritas S.A.
14.2.5. ALS Limited
14.2.6. Neogen Corporation
14.2.7. Idexx Laboratories
14.2.8. AsureQuality
14.2.9. Charm Sciences, Inc.
14.2.10. Microbac Laboratories, Inc.
14.2.11. Unisensor
15. Research Methodology
16. Key Assumptions and Acr

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