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Agricultural Testing Market Size is anticipated to reach at a CAGR of 5.6% during the forecast period | Top Key Players - Eurofins Scientific SE, R J Hill Laboratories Ltd, Bureau Veritas S.A., Thermo Fisher Scientific Inc., SGS SA, ALS Limited, Agilent T
Growing importance of soil health, expansion of biotech crops growing demand for testing services in cannab is industry, and integration of big data and analytics are some of the major reasons expected to drive the growth of global agricultural testing market during the forecast period of 2022-2030.
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According to the sample type, the soil segment led the global agricultural testing market in 2021. The segment is projected to maintain its position further in the market during the forecast period of 2022-2030.
According to the application, the contaminants detection segment dominated the global agricultural testing market in 2021. The segment is projected to maintain its position further in the market during the forecast period of 2022-2030.
According to the testing type, the laboratory testing segment dominated the global agricultural testing market in 2021. The segment is projected to maintain its position further in the market during the forecast period of 2022-2030.
According to the end-user, the agricultural producers segment dominated the global agricultural testing market in 2021. The segment is projected to maintain its position further in the market during the forecast period of 2022-2030.
Geographically, the North America region dominated the global agricultural testing market in 2021, followed by Asia Pacific, Europe and Latin America.
Within the North America, United States, and Canada are seen to hold a dominant portion of the global agricultural testing market due to the presence of major agricultural testing market players, legalization of cannab is in several states of the United States and in Canada for medical and recreational use, and highly evolved agricultural sector of both the countries.
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Asia Pacific is expected to grow at a highest rate in terms of CAGR during the forecast period. China, Japan, India, and South Korea are the major economies in Asia Pacific, in which China is projected to account for major share in the global agricultural testing market.
Some of the major global agricultural testing companies profiled in the report include: Eurofins Scientific SE, R J Hill Laboratories Ltd, Bureau Veritas S.A., Thermo Fisher Scientific Inc., SGS SA, ALS Limited, Agilent Technologies, Inc., TÜV SÜD AG, MerieuxNutrisciences Corporation, Bio-Rad Laboratories, Inc., and other players.
The global agricultural testing market is segmented into sample type, application, testing type, end-user, and region. Based on sample type, the market is segmented into soil, water, seed, plant tissue, manure, bio-solids, and others. Based on the application, the market is segmented into contaminants detection, quality assurance, pesticide testing, genetically modified organisms (gmo) testing, and others. Based on the testing type, the market is segmented into laboratory testing, on-site testing, and DIY testing. Based on the end-user, the market is segmented into agricultural producers, food manufacturers, research institutions, and others.
The global agricultural testing market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).
Key Insights of Global Agricultural Testing Market
• On the basis of sample type, the soil segment led the global agricultural testing market in 2021. The segment is expected to continue with its dominance throughout the forecast period of 2022-2030.
• On the basis of application, the contaminants detection segment led the global agricultural testing market in 2021. The segment is expected to continue with its dominance throughout the forecast period of 2022-2030.
• On the basis of testing type, the laboratory testing segment led the global agricultural testing market in 2021. The segment is expected to continue with its dominance throughout the forecast period of 2022-2030.
• On the basis of end-user, the agricultural producers segment led the global Agricultural Testing market in 2021. The segment is expected to continue with its dominance throughout the forecast period of 2022-2030.
• On the basis of region, the North America region commanded the global agricultural testing market in 2021, due to the presence of key market players in the region and highly evolved agricultural sector of the region. Asia Pacific is expected to grow at a highest rate in terms of CAGR during the forecast period of 2022-2030, due to the increasing concerns about food safety and quality, the adoption of precision agriculture practices, and the use of digital tools and technologies in agriculture. Europe is expected to grow at substantial rate in terms of CAGR during the forecast period of 2022-2030.
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