openPR Logo
Press release

Residue Testing Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | Eurofins Scientific SE, Bureau Veritas SA, SGS SA, Intertek Group plc, Symbio Laboratories Pty Ltd., ALS Limited, AsureQuality Limited, Microbac Laboratories

Residue Testing Market Trends

Residue Testing Market Trends

As per the report, the residue testing market size has grown strongly in recent years. It will grow from $4.72 billion in 2023 to $5.03 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The residue testing market size is expected to see strong growth in the next few years. It will grow to $6.73 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=8886&type=smp

Rising Chemical Contamination Drives Growth In Residue Testing Market
The increasing outbreaks of chemical contamination in food processing industries are expected to propel the residue testing market. Chemical contamination refers to the appearance or addition of chemical substances in foods. Increasing chemical contamination requires inspection, testing, and certification to purify the product, for which residue testing is utilized. For instance, in May 2022, according to WHO, a UN agency for international public health, it was estimated that in 600 million, almost 1 in every 10 people fall ill after eating contaminated food. Further, around 4,20,000 die every year due to contaminated food, losing 33 million healthy life years. Therefore, the increasing outbreaks of chemical contamination are driving the growth of the residue testing market.

Mobile Residue Monitoring Labs Transforming The Residue Testing Market
Major companies operating in the residue testing market are developing mobile residue testing laboratory to gain a competitive edge in the market. This initiative aims to support farmers and exporters in making faster purchase decisions, especially considering changes in agriculture-related laws. For instance, in October 2021, Eurofins Scientific SE, a Luxembourg-based testing laboratories company launched a mobile residue monitoring laboratory to offer rapid and accurate testing services near farms and procurement markets. The mobile lab, equipped with advanced instruments, including LCMSMS and GCMSMS, will focus on testing major export commodities like basmati rice, cumin, chilli, and soya. By reducing turnaround time by over 50%, the lab enables quicker transactions, empowering farmers and enhancing India's export capacity. The mobile lab is designed to travel across the country, providing on-the-spot testing services for agri commodities.

The residue testing market covered in this report is segmented -

1) By Type: Chromatography, Spectroscopy, Immunoassay, Other Types
2) By Product Type: Pesticide Residues, Toxins, Heavy Metals, Food Allergens, Other Types
3) By Application: Meat and Poultry, Dairy Products, Processed Foods, Fruits and Vegetables, Cereals, Grains and Pulses, Nuts, Seed and Spice, Other Applications

Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=8886&type=discount

Major companies operating in the residue testing market report are Eurofins Scientific SE, Bureau Veritas SA, SGS SA, Intertek Group plc, Symbio Laboratories Pty Ltd., ALS Limited, AsureQuality Limited, Microbac Laboratories Inc., QTS Analytical Ltd., NSF International, Arbro Pharmaceuticals Private Limited, Fera Science Limited, AB Sciex LLC, Meth Lab Cleanup Company LLC, Trilogy Analytical Laboratory Inc., Waters Agricultural Laboratories Inc., Neogen Corporation, Mérieux NutriSciences Corp., Romer Labs Division Holding GmbH, TÜV SÜD AG, Nelson Laboratories LLC, Pacific BioLabs Inc., Pace Analytical Services LLC, Avomeen Analytical Services, Brooks Applied Labs LLC, EMSL Analytical Inc., Exova Group Limited, Food Safety Net Services, IEH Laboratories & Consulting Group, Maxxam Analytics, Micro Quality Labs Inc., Midwest Laboratories Inc., RJ Lee Group Inc., Silliker Inc., SRC Analytical Laboratories, Summit Environmental Technologies Inc., TestAmerica Laboratories Inc., Whitehouse Laboratories

Contents of the report:
1. Executive Summary
2. Residue Testing Market Report Structure
3. Residue Testing Market Trends And Strategies
4. Residue Testing Market - Macro Economic Scenario
5. Residue Testing Market Size And Growth
…..
27. Residue Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/residue-testing-global-market-report

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Residue Testing Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | Eurofins Scientific SE, Bureau Veritas SA, SGS SA, Intertek Group plc, Symbio Laboratories Pty Ltd., ALS Limited, AsureQuality Limited, Microbac Laboratories here

News-ID: 3605706 • Views:

More Releases from the business research company

What Is Driving Global Kidney Dialysis Market Growth in 2025: The Role of Growing Prevalence Of Chronic Kidney Diseases Fuels Kidney Dialysis Market Expansion
What Is Driving Global Kidney Dialysis Market Growth in 2025: The Role of Growin …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Kidney Dialysis Market Size Growth Forecast: What to Expect by 2025? Considerable upward momentum has been observed in the renal dialysis sector's valuation recently; specifically, it is projected to expand from $85.65 billion in the year 2024 to reach $90.88 billion by 2025, reflecting a compound annual growth rate
Comprehensive Idiopathic Pulmonary Fibrosis Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Comprehensive Idiopathic Pulmonary Fibrosis Market Forecast 2025-2034: Growth Tr …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Idiopathic Pulmonary Fibrosis Market Size Valuation Forecast: What Will the Market Be Worth by 2025? The market valuation for idiopathic pulmonary fibrosis has shown robust expansion recently, moving from a figure of $4.15 billion in 2024 to an anticipated $4.37 billion by 2025, which reflects a steady compound annual
The Rise In The Prevalence Of Skin Diseases : Powering Innovation and Expansion in the Global Hidradenitis Suppurativa Market by 2025
The Rise In The Prevalence Of Skin Diseases : Powering Innovation and Expansion …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Hidradenitis Suppurativa Market Through 2025? Recent years have witnessed robust expansion within the hidradenitis suppurativa market, which is projected to increase its valuation from $1.16 billion in 2024 to $1.24 billion the following year, reflecting a compound annual growth rate (CAGR) of
2025-2034 Health Economics and Outcomes Research (HEOR) Services Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights
2025-2034 Health Economics and Outcomes Research (HEOR) Services Market Outlook: …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Will the Health Economics and Outcomes Research (HEOR) Services Industry Market Size Be by 2025? The market encompassing health economics and outcomes research (HEOR) services has experienced swift expansion recently, projecting an increase from $1.57 billion in 2024 to $1.76 billion the following year, reflecting a compound annual

All 5 Releases


More Releases for Lab

DNA Origami Market Top Players - GATTAquant DNA Technologies, Dietz Lab, ADINA R …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global DNA Origami Market Size, Share & Trends Analysis Report By Type (Single-stranded Scaffold DNA, Folding Kits, Staple Strand Oligos), By Structure (Static, Active), By Application (Nanorobots and fluorescence studies, Enzyme-substrate studies)- Market Outlook And Industry Analysis 2034" The Global DNA Origami Market is estimated to reach over 118.91 Billion by the year 2034, exhibiting a CAGR
Total Lab Automation Market Total Lab Automation Market
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Total Lab Automation Market - (By Application (Diagnostics, Genomic Solutions, Microbiology, Drug Discovery, Proteomic Solutions, Other Applications), By End-User (Pharmaceutical and Biotechnology Companies, Research and Diagnostic Laboratories, Other End-Users)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031." According to the latest research by InsightAce Analytic, the Global Total Lab Automation Market is valued at US$
Lab Automation Market Report 2024 - Lab Automation Market Demand And Growth
"The Business Research Company recently released a comprehensive report on the Global Lab Automation Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. According to The Business Research Company's, The lab automation market size
Revolutionizing Lab Efficiency: MKE Lab Introduces Advanced Laboratory Centrifug …
MKE Lab is proud to unveil its latest extraordinary series of advanced laboratory centrifuges, designed to revolutionize laboratory efficiency and precision. The Extraordinary Series centrifuges by MKE Lab are designed with following unique features to enhance performance and efficiency: Image: https://www.getnews.info/uploads/2e8ab872538be879892ed3e60852f606.png Imported Compressor: Equipped with a high-quality imported compressor, these centrifuges offer rapid pre-cooling and more precise temperature control. Data Traceability: Featuring a data traceability function with an external USB interface, the centrifuges
Lab Workflow Optimization Market Optimizing the Lab: Exploring Efficiency in Eve …
Global Lab Workflow Optimization Market to Record an Exponential CAGR by 2031 - Exclusive Report by InsightAce Analytic InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Lab Workflow Optimization Market- (By Type of Solution (Laboratory Information Management Systems (LIMS), Electronic Lab Notebooks (ELN), Laboratory Automation Systems, Scientific Data Management Systems (SDMS), Laboratory Execution Systems (LES), Inventory Management Systems, and Others), By End User (Pharmaceutical
Medical Lab Software
Latest Research Study on Medical Lab Software Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Medical Lab Software. Major Players in This Report