Asia Pacific Residue Testing Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Asia-Pacific 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.

 

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Report

Description

The asia-pacific residue testing market size valued USD 550 million in 2020 and expected to grow at significant CAGR of 10.2% during 2021 to 2027. Pesticide residue refers to the chemical residue left on food after pesticides have been applied on food crops. Pesticide residues are regulated to safeguard consumers all around the world. Excessive usage of these pesticides can lead to an increase in the amount of harmful substances entering the food chain. Because they are consumed in greater quantities, fresh fruits and vegetables are more sensitive to pesticide residues. Pesticide residue refers to the chemical residue left on food after pesticides have been applied on food crops. Pesticide residues are regulated to safeguard consumers all around the world. This report studies Asia-Pacific Residue Testing market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Asia Pacific Residue Testing Market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Opportunities).

Asia Pacific Residue Testing Market

MARKET SUMMARY
-
10.2% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 10.2%
  • Largest Market– China
  • Fastest Growing Market– Japan

Asia Pacific Residue Testing Market

  • The asia-pacific residue testing market report gives comprehensive outlook across the globe with special emphasis on key regions such as on India, Japan, China, Korea, Australia, Singapore, and Rest of the Asia Pacific countries.
  • The report on asia-pacific residue testing market gives historical, current, and future market sizes (US$ Mn) on the basis of residue type, technology, application and country.
Key Players
  • SGS SA
  • Intertek Group plc.
  • Eurofins Scientific
  • Bureau veritas S.A.
  • ALS Limited
Asia Pacific Residue Testing Market

Drivers And Restraints

It is projected to offer enormous opportunities over the forecast period in Asia-Pacific residue testing market due to the surge in the milk production, increased antibiotics, and hormones. Increased mycotoxin levels in dairy products, surge in pesticides, heavy metal contamination expected to enhance the revenue share in future. Emerging countries are expected to offer lucrative opportunities, developing countries like China, India plays a vital role in residue testing for food and feed ingredients. Fresh agro products are important food source and export material in Asia. Pesticide traces have emerged as a major threat in these countries. Strengthening of food safety regulations coupled with frequent pesticide residue monitoring plans is projected to create demand for residue testing market in the emerging countries.


Asia Pacific Residue Testing Market

China accounted for major revenue share in 2020, continue the major market share throughout the period. Increased agriculture production coupled with the adoption of pesticides, government support to establish state-of-art laboratories, frequent residue monitoring plans will fuel the market revenue growth. Japan expected to grow at a CAGR of 9.2% over forecast period, high healthcare awareness, cutting-edge technologies are few factors enables to drive the Japan’s market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • Asia-Pacific Residue Testing market is expanding approximately 10.2% CAGR over 2021 to 2027.
  • China expected to dominate the revenue share of residue testing market over the forecast period.
  • Based on Application, fruits and vegetables, meat and poultry are expected to expand at significant CAGR from 202 to 2027.
  • Based on Residue Type, pesticides segment is expected to create lucrative opportunities for residues testing market over the forecast period.

Key

Features of the Report

Asia Pacific Residue Testing Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

Asia-Pacific Residue Testing Market Executive Summary

Asia-Pacific Residue Testing Market Introduction

Asia-Pacific Residue Testing Market – Taxonomy

Asia-Pacific Residue Testing Market–Definitions

Residue Type

Technology

Application

Asia-Pacific Residue Testing Market Dynamics & Report USPs

Drivers

Restraints

Opportunities/Unmet Needs of the Market

Trends

Asia-Pacific Residue Testing Market Dynamics – Factors Impact Analysis

Asia-Pacific Residue Testing Market Dynamics – Regulations

Product Innovation

Asia-Pacific Residue Testing Market Analysis 2015– 2019

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%)

Market Opportunity Analysis

Asia-Pacific Residue Testing Market, By Application, 2020 – 2026

Dairy products

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Fruits & vegetables

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Meat & poultry

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Cereals, grains & pulses

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Processed foods

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Functional food ingredients

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Nuts, seed & spice

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Others

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Asia-Pacific Residue Testing Market , By Residue Type, 2020 – 2026

Micotoxins

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

6.2.3. Market Opportunity Analysis

Pesticide Residues

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Food Allergens

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

6.2.3. Market Opportunity Analysis

Veterinary Drugs

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

6.2.3. Market Opportunity Analysis

Heavy Metals

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Asia-Pacific Residue Testing Market Forecast, By Technology, 2020 – 2026

Immunoassay

Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Spectroscopy

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Chromatography

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Other technologies

Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

Market Opportunity Analysis

Asia-Pacific Residue Testing Market Forecast, By Country, 2020 – 2026

9.1. Japan

9.1.1. Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

9.1.3. Market Opportunity Analysis

9.2. China

9.2.1. Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

9.2.3. Market Opportunity Analysis

9.3. India

9.3.1. Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

9.3.3. Market Opportunity Analysis

9.4. Australia & New Zealand

9.4.1. Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

9.4.3. Market Opportunity Analysis

9.5. ASEAN

9.5.1. Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)

9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis

9.5.3. Market Opportunity Analysis

9.6.  Asia-Pacific Residue Testing Market – Opportunity Analysis Index,

By Residue Type, Technology, Application, Country and ,2020 – 2026

Japan Residue Testing Market Analysis 2020 – 2026

10.1.1.Application Analysis Forecast (2020 – 2026) by Revenue (USD Mn),

Y-o-Y Growth (%), and Market Share (%)

10.1.1.1. Dairy products

10.1.1.2. Fruits & vegetables

10.1.1.3. Meat & poultry

10.1.1.4. Cereals, grains & pulses

10.1.1.5. Processed foods

10.1.1.6. Functional food ingredients

10.1.1.7. Nuts, seed & spice

10.1.1.8. Others

10.1.2.Residue Type Analysis Forecast (2020 – 2026) by Revenue (USD Mn),

Y-o-Y Growth (%), and Market Share (%)

10.1.2.1. Micotoxins

10.1.2.2. Pesticide Residues

10.1.2.3. Food Allergens

10.1.2.4. Veterinary Drugs

10.1.2.5. Heavy Metals

10.1.3.Technology Analysis Forecast (2020 – 2026) by Revenue (USD Mn),

Y-o-Y Growth (%), and Market Share (%)

10.1.3.1. Immunoassay

10.1.3.2. Spectroscopy

10.1.3.3. Chromatography

10.1.3.4.  Other technologies

10.1.4. Japan Asia-Pacific Residue Testing Market – Opportunity Analysis Index,

By Residue Type, Technology, Application, Country, and Country, 2017 – 2025

10.1.5. Japan Asia-Pacific Residue Testing Market Dynamics – Trends

China Residue Testing Market Analysis 2015 – 2019

India Residue Testing Market Analysis 2015 – 2019

Australia & New Zealand Residue Testing Market Analysis 2015 – 2019

ASEAN Residue Testing Market Analysis 2015 – 2019

Rest of Asia Pacific Residue Testing Market Analysis 2015 – 2019

Competition Landscape

16.1. Strategic Dashboard of Top Market Players

16.2. Company Profiles (Introduction, Financial Analysis Product & Service Offerings,

Key Developments, Strategies, and SWOT Analysis)

16.2.1. SGS SA

16.2.2. Intertek Group plc.

16.2.3. Eurofins Scientific

16.2.4. Bureau veritas S.A.

16.2.5. ALS Limited

16.2.6. Neogen Corporation

16.2.7. Idexx Laboratories

16.2.8. AsureQuality

16.2.9. Charm Sciences, Inc.

16.2.10. Microbac Laboratories, Inc.

16.2.11. Unisensor

Research Methodology

Key Assumptions and Acronyms


Report

Company Profile

  • SGS SA
  • Intertek Group plc.
  • Eurofins Scientific
  • Bureau veritas S.A.
  • ALS Limited
  • Neogen Corporation
  • Idexx Laboratories
  • AsureQuality
  • Charm Sciences, Inc.
  • Microbac Laboratories, Inc.
  • Unisensor

Description

The asia-pacific residue testing market size valued USD 550 million in 2020 and expected to grow at significant CAGR of 10.2% during 2021 to 2027. Pesticide residue refers to the chemical residue left on food after pesticides have been applied on food crops. Pesticide residues are regulated to safeguard consumers all around the world. Excessive usage of these pesticides can lead to an increase in the amount of harmful substances entering the food chain. Because they are consumed in greater quantities, fresh fruits and vegetables are more sensitive to pesticide residues. Pesticide residue refers to the chemical residue left on food after pesticides have been applied on food crops. Pesticide residues are regulated to safeguard consumers all around the world. This report studies Asia-Pacific Residue Testing market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Asia Pacific Residue Testing Market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Opportunities).

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