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Middle East and Africa Residue Testing Market: By Residue Type, By Technology, Others), By Application and Country
Middle East and Africa Residue Testing Market size was valued aat US$ million in 2022 aand is projected to grow around 8% CAGR from 2023 to 2029. Middle East and Africa are expected to gain traction due to increased production of agricultural products, high amounts of pesticides, increased laboratories. Export restrictions on processed food tuffs and farm fresh produced from MiddleEast and Africa countries are propelling the growth of residue testing market. For instance, in January 2015, SGS opened pesticide residue testing laboratory in Kenya and it is first of its kind in East and Central Africa. It is expected to dominate revenue share in Middle East and Africa Residue Testing Market and projected to grow at significant CAGR over 2017 to 2023. High usage of insecticides, fungicides, herbicides is major driving factors of the market. Spectroscopy technology segment expected to account for 20.0% revenue share in Middle East and Africa residue testing market and projected to grow with double digit CAGR over 2017 to 2023. A surge in the adoption of mass spectrometry enables create lucrative opportunities for residue testing market. It is projected to represent lucrative market opportunity over the forecast period in Middle East and Africa Residue Testing Market. Companies are launching new technologies into the Middle East and Africa market to meet the needs of the market. Furthermore, the establishment of new regulations on MRL is expected to create lucrative market opportunities for the residue testing kits manufacturers.
A surge in the stringent government regulations, raising awareness among the people, frequent pesticide residue monitoring programs are witnessed to enhance the market over the forecast period. Increased disposable income, change in consumer dietary habits, adoption of convenience foods, surge in production of milk and meat are expected to create demand for Middle East and Africa Residue Testing.
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The Middle East and Africa Residue Testing Market size was valued at US$ million in 2022
The report covers the Saudi Arabia, United Arab Emirates, South Africa
SGS SA, Intertek Group plc., Eurofins Scientific, Bureau veritas S.A., ALS Limited, Neogen Corporation, Idexx Laboratories, AsureQuality Charm Sciences, Inc.
Key Market Players