Market Size in 2022 | Market Forecast in 2030 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 5.76 Billion | USD 8.80 Billion | CAGR at 5.44% | 2022 |
According to the report published by Zion Market Research, the global Agricultural Testing Market size was valued at USD 5.76 Billion in 2022 and is predicted to reach USD USD 8.80 Billion by the end of 2030. The market is expected to grow with a CAGR of 5.44% during the forecast period. The report analyzes the global Agricultural Testing Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Agricultural Testing Market industry.
Agricultural testing is the process to examine various samples of seed, water, soil, and others in order to determine quality and contamination level. They assist in analyzing suitable input needed and resources to be supplemented for the optimal plant growth. In addition, it assists in determining the composition and other related characteristics include pH level of the soil for a specific sample. Agricultural testing needs to know fertility level of soil and trace elements present in given sample. These testing are booming in a farming community and commercialized agriculture sector across the world.
Global Agricultural Testing Market: Growth Factors
Growth in the market is mainly due to develop laboratories and local testing facilities may boost the global agricultural testing market in the coming years. In addition, the market is highly diversified owing to the involvement of many small testing amenities in various regions. Major market players are focusing on improving competitiveness by investing a huge amount in the research and development activities regarding new and improved agricultural testing methods & technologies. This is anticipated to drive the global market in future. Agricultural testing has become highly popular in the commercialized and developed regions; this is anticipated to drive the global agricultural testing market in future. In addition, legalizations and regulations regarding agricultural productivity and environmental safety is the key factor drives the global market growth in future. The popularity of sample testing is rising in commercialized agriculture countries to enhance export of agricultural commodities.
The global agricultural testing market is categorized based on sample type as water, biosolids, soil, seed, and others. Of these, soil is the leading segment across the world and water in the second largest. Based on the application the global market is divided as quality assurance and contaminants. Of these contaminants contributed for the largest market share in the global agricultural testing market. It includes testing for pathogens, chemical residues, toxins, and others. Furthermore, the geography segment includes North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Report Attributes | Report Details |
---|---|
Report Name | Agricultural Testing Market Research Report |
Market Size in 2022 | USD 5.76 Billion |
Market Forecast in 2030 | USD 8.80 Billion |
Growth Rate | CAGR of 5.44% |
Number of Pages | 190 |
Key Companies Covered | Eurofins Scientific, R J Hill Laboratories Ltd., Apal Agricultural Laboratory, Intertek Group Plc, bioMerieux S.A., SCS Global Services, and Charm Sciences Inc. Other players include 3M Company, TUV Nord Group, BioControl Systems Inc, Neogen Corporation, Bureau Veritas S.A., Agilent Technologies, Inc., EXOVA, Idexx Laboratories, ALS Limited, and Biolumix. |
Segments Covered | By By sample type , By Application, By testing, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Exponential growth in the agricultural testing in the developing countries such as Brazil and India drives the global agricultural testing market growth. Technological advancements in the emerging economies include Japan and China fosters the global market growth in future. Conversely, the cost associated with the operation of the agricultural testing is a major obstruction in the global market.
Some of the leading players dominating the global agricultural testing market include:
Other players include
By sample type
By application
By testing
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