Precision Business Insights
Portfolio

 

Research Reports

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

North America 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

 

 

North America Residue Testing Market Report Description:

 

 

North America Residue Testing Market report gives a comprehensive outlook on North America Residue Testing across the region with special emphasis on countries U.S., Canada. This report on North America Residue Testing Market gives historical, current, and future market sizes (US$ Mn) of residue type, technology, application and countries. This report studies North America 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 North America Residue Testing market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Opportunities).

 

 

North America Residue Testing Market:

 

North America Residue Testing Market estimated to be valued at the US $1,000 Mn in 2016 and expanding at a growth rate about 4% from 2017 to 2023.

 

 

How the stringent government regulations affect North America residue testing market?

 

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 North America Residue Testing.

In U.S., the favourable government policies are enacted on maximum residue limit (MRL) that promotes the residual testing in agriculture-based products and foods. Furthermore, U.S. FDA issues drug residue warning letters to the meat producers if any adulterated drugs or drug residues are present in the meat. For instance, In June 2017, U.S. FDA resumed the glyphosate testing in various foods owing to growing concern of glyphosate in various foods and agriculture products.  Furthermore, FDA laboratories also analyzing foods for 2,4-D and other acid herbicides. Glyphosate and 2, 4 D are commonly used weed-killing products in agriculture and these chemicals are carcinogenic in nature.

 

 

Pesticide Residue Testing Market:

It is expected to account for 30.8% revenue share in North America Residue Testing Market and projected to grow at 3.3% CAGR over 2017 to 2023. High usage of herbicides in U.S. is the major driving factor of the market.

 

 

Spectroscopy technology segment expected to account for 33.0% revenue share in North America residue testing market and projected to grow at 7.0% CAGR over 2017 to 2023. A surge in the adoption of mass spectrometry enables create lucrative opportunities for residue testing market.

 

 

Meat & Poultry Testing Market:

It is projected to represent lucrative market opportunity over the forecast period in North America residue testing market.

 

 

U.S. is projected to dominate the North America Residue Testing market.

 

U.S. Residue Testing Market:

It is accounted for the US $800 million in 2016, and expanding at significant CAGR over the forecast period due to frequent residue monitoring programs in U.S.  The U.S. Department of Agriculture (USDA), Pesticide data program collects the sample from retails outlets and analyzes for multi-residues.

 

 

Canada Residue Testing Market:

It is projected to expand at a CAGR approximately 5.0%, from 2017 to 2023. High amounts of pesticide usage from the decades, increased awareness of health hazards due to pesticide residues, support from the government to enhance residue testing laboratories, stringent regulations are witnessed to fuel demand for residue testing market.

 

 

Competition Assessment

 

Key players’ profiles in the North America Residue Testing market include: 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

 

Key Findings of the Report:

  • North America Residue Testing market is expanding approximately 5.0% CAGR over 2017 to 2023.

 

  • U.S. Residue Testing Market is accounted for major revenue share in 2016, and expected to dominate the market over the forecast period.

 

  • Based on Application, meat and poultry is expected to expand at significant CAGR over the forecast period.

 

  • Based Residue Type, pesticide residues testing segment accounted for major revenue share in 2016.

 

Key Features of the Report:

  • The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)

 

  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies

 

  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market

 

  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market

 

  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario

 

  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

 

Detailed Segmentation

 

By Residue Type

  • Toxins
    • Mycotoxin
    • Others
  • Pesticide Residues
    • Insecticide
    • Herbicide
    • Fungicide
    • Others
  • Food Allergens
  • Veterinary Drugs
  • Heavy Metal

 

By Technology

  • Immunoassay
  • Spectroscopy
  • Chromatography (LC, GC, HPLC)
  • Others

By Application

  • Dairy Products
  • Fruits & vegetables
  • Meat & poultry
  • Cereals, grains & pulses
  • Processed foods
  • Functional Food Ingredients
  • Nuts, Seeds & Spices

 

By Country

  • U.S.
  • Canada

 

  1. Executive Summary
  2. North America Residue Testing Market Introduction
    • North America Residue Testing Market – Taxonomy
    • North America Residue Testing Market–Definitions
      • Residue Type
      • Technology
      • Application
  1. North America Residue Testing Market Dynamics & Report USPs
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • North America Residue Testing Market Dynamics – Factors Impact Analysis
    • North America Residue Testing Market Dynamics – Regulations
    • Product Innovation
  2. North America Residue Testing Market Analysis 2017 – 2025
    • Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. North America Residue Testing Market, By Application, 2018 – 2024
    • Dairy products
      • Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
      • Market Opportunity Analysis
    • Fruits & vegetables
      • Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
      • Market Opportunity Analysis
    • North Americat & poultry
      • Market Analysis and Forecast, 2017 – 2025 (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, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
      • Market Opportunity Analysis
    • Processed foods
      • Market Analysis and Forecast, 2017 – 2025 (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, 2017 – 2025 (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, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
      • Market Opportunity Analysis
    • Others
      • Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
      • Market Opportunity Analysis
  1. North America Residue Testing Market , By Residue Type, 2018 – 2024
    • Micotoxins
      • Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  1. 2.3. Market Opportunity Analysis
    • Pesticide Residues
      • Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
      • Market Opportunity Analysis
    • Food Allergens
      • Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  1. 2.3. Market Opportunity Analysis
    • Veterinary Drugs
      • Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  1. 2.3. Market Opportunity Analysis
    • Heavy Metals
      • Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
      • Market Opportunity Analysis
  1. North America Residue Testing Market Forecast, By Technology,
  2. 2018 – 2024
    • 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, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
      • Market Opportunity Analysis
    • Chromatography
      • Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
      • Market Opportunity Analysis
    • Other technologies
      • Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
      • Market Opportunity Analysis
  1. North America Residue Testing Market Forecast, By Country, 2018 – 2024

9.1. U.S.

9.1.1. Market Analysis and Forecast, 2017 – 2025 (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. Canada

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

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

9.2.3. Market Opportunity Analysis

  1. S. Residue Testing Market Analysis 2018 – 2024

13.1.1.Application Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%),

and Market Share (%)

13.1.1.1. Dairy products

13.1.1.2. Fruits & vegetables

13.1.1.3. Meat & poultry

13.1.1.4. Cereals, grains & pulses

13.1.1.5. Processed foods

13.1.1.6. Functional food ingredients

13.1.1.7. Nuts, seed & spice

13.1.1.8. Others

13.1.2. Residue Type Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%),

and Market Share (%)

13.1.2.1. Micotoxins

13.1.2.2. Pesticide Residues

13.1.2.3. Food Allergens

13.1.2.4. Veterinary Drugs

13.1.2.5. Heavy Metals

13.1.3.Technology Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%),

and Market Share (%)

13.1.3.1. Immunoassay

13.1.3.2. Spectroscopy

13.1.3.3. Chromatography

13.1.3.4.  Other technologies

13.1.6. U.S Asia-Pacific Residue Testing Market – Opportunity Analysis Index, By

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

13.1.7. U.S Asia-Pacific Residue Testing Market Dynamics – Trends

Canada Residue Testing Market Analysis 2018 – 2024

  1. 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

  1. Research Methodology
  2. Key Assumptions and Acronyms

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

 

Contact SalesTOLL FREE: +1-866-598-1553