North America Residue Testing Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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North America Residue Testing Market by Residue Type (Toxins, Pesticide Residues, Food Allergens), 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) and Region

 

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Report

Description

North America Residue Testing Market was valued at the US $1100 Mn in 2021 and expanding at a growth rate about 4% from 2023 to 2028 to reach USD 1447.52 Mn by 2028.North America Residue Testing Market report gives a comprehensive outlook on North America Residue Testing across the region with special emphasis on countries U.S., Canada. This report on North America Market gives historical, current, and future market sizes (US$ Mn) of residue type, technology, application and countries. This report studiesNorth America 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).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.

North America Residue Testing Market

MARKET SUMMARY
-
4% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR–4%
  • Largest Market– USA
  • Fastest Growing Market– Canada

North America Residue Testing Market

  • The report on North America Residue Testing Market gives historical, current, and future market sizes (US$ Mn) on the residue type, technology, application and geography.
  • North America Residue Testing Market report gives comprehensive outlook across the region with special emphasis on key countries such as USA, Canada and Rest of North America Countries
Key Players
  • SGS SA
  • Intertek Group plc
  • Eurofins Scientific
  • Bureau veritas S.A.
  • ALS Limited
Dynamics

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.


USA got significant share

North America Residue Testing Market

It is accounted for the US $840 million in 2019, 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. It is projected to expand at a CAGR approximately 5.2%, from 2020 to 2026. 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.

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

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, and forecast
  • 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 start-up’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario

North America Residue Testing Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content

  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 2020 – 2026
    • Market Analysis and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. North America 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
    • North Americat & 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
  1. North America 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
  1. 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
  1. 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
  1. 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
  1. North America Residue Testing Market Forecast, By Technology,
  2. 2020 – 2026
    • Immunoassay
      • Market Analysis and Forecast, 2020 – 20265 (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
  1. North America Residue Testing Market Forecast, By Country, 2020 – 2026

9.1. US

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. Canada

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

  1. S. Residue Testing Market Analysis 2018 – 2024

13.1.1.Application Analysis Forecast (2020 – 2026) 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 2020 – 2026) 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 (2020 – 2026) 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, 2020 – 2026

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

Canada Residue Testing Market Analysis 2020 – 2026

  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

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

North America Residue Testing Market was valued at the US $1100 Mn in 2021 and expanding at a growth rate about 4% from 2023 to 2028 to reach USD 1447.52 Mn by 2028.North America Residue Testing Market report gives a comprehensive outlook on North America Residue Testing across the region with special emphasis on countries U.S., Canada. This report on North America Market gives historical, current, and future market sizes (US$ Mn) of residue type, technology, application and countries. This report studiesNorth America 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).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.

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