Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 167.46 Million | USD 307.86 Million | 7% | 2023 |
The global antibiotic residue test kits market size was worth around USD 167.46 million in 2023 and is predicted to grow to around USD 307.86 million by 2032 with a compound annual growth rate (CAGR) of roughly 7.00% between 2024 and 2032.
The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD million). The report covers a forecast and an analysis of the antibiotic residue test kits market on a global and regional level.
Antibiotic residue test kits are specialized tools used to detect the presence of antibiotic residues in food products, particularly in meat, dairy, and seafood. These residues can result from the use of antibiotics in animal husbandry to prevent or treat infections. The presence of antibiotic residues in food products poses significant health risks, including allergic reactions and the development of antibiotic-resistant bacteria. These test kits employ various detection methods, such as immunoassays, chromatography, and biosensors, to ensure that food products comply with safety standards and regulations. They are essential for food producers, regulatory agencies, and quality control laboratories to monitor and ensure food safety.
Global demand for antibiotic residue test kits market is anticipated to be driven by an increase in awareness about the benefits of antibiotic residual test kits in the dairy industry. Also, the increase in use by consumers due to the awareness is driving the market. Antibiotic residue test kits developed from a simple diagnostic kit to a multi-disciplinary test that has incurred distinguished development in term of detecting the residue. Rapid advancements in the kits to inhibit the growth of the microorganisms is also driving the growth of the market for antibiotic residue test kits.
Based on test type, market is segmented into beta-lactams, tetracycline, amphenicols, macrolides, aminoglycosides, and sulfonamides. Beta-lactams test is expected to dominate the test type segment of the market for antibiotic residue test kits. The predominant use of this test in the food and beverages industry for detecting the antibiotic residues is fueling the growth of the segment. Sulfonamides test is projected to show the highest growth rate in upcoming years.
Based on end user, the market is segmented into food and beverages industry, independent laboratories, veterinary, and others. Food and beverages industry dominated the end-user segment of the market for antibiotic residue test kits market. These kits are used to ensure that food and dairy products have no antimicrobial activities. They are also used to inhibit the growth of the microorganisms which are present in beverages as well as food. Veterinary end-user segment is projected to show a high growth rate in the forecast years.
Report Attributes | Report Details |
---|---|
Report Name | Antibiotic Residue Test Kits Market |
Market Size in 2023 | USD 167.46 Million |
Market Forecast in 2032 | USD 307.86 Million |
Growth Rate | CAGR of 7% |
Number of Pages | 110 |
Key Companies Covered | Charm Sciences, Thermo Fischer Scientific, Labtek Services Ltd., DSM, Eurofins, NEOGEN Food Safety, Perkin Elmer (BioScientific Corp.), R-Biopharm, IDEXX Labs, and Sciex |
Segments Covered | By Product Type, By End-User and By region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America dominated the global antibiotic residue test kits market and accounted for about 35% market share in 2023. North America region is projected to lead the market over the forecast period owing to the presence of major consumer base in the U.S., rise in veterinary due to growing number of pets, and technologically advanced products. Europe is expected to acquire second highest share after North America owing to the large consumer base, growing food and beverages industry, and highly developed healthcare and biotechnology industry infrastructure. Asia Pacific is expected to show high growth rate in the forecast period due to the increasing consumer base, growing dairy industry, and developing biotechnological industry in developing countries.
Some of the key players in antibiotic residue test kits market include:
Global Antibiotic Residue Test Kits Market: Product Type Segment Analysis
Global Antibiotic Residue Test Kits Market: End-User Segment Analysis
Global Antibiotic Residue Test Kits Market: Regional Segment Analysis
FrequentlyAsked Questions
Antibiotic residue test kits are diagnostic tools used to detect the presence of antibiotic residues in various substances, such as food, animal tissues, and dairy products.
According to study, the Antibiotic Residue Test Kits market size was worth around USD 167.46 million in 2023 and is predicted to grow to around USD 307.86 million by 2032.
The CAGR value of Antibiotic Residue Test Kits market is expected to be around 7.00% during 2024-2032.
North America has been leading the Antibiotic Residue Test Kits market and is anticipated to continue on the dominant position in the years to come.
The Antibiotic Residue Test Kits market is led by players like Charm Sciences, Thermo Fischer Scientific, Labtek Services Ltd., DSM, Eurofins, NEOGEN Food Safety, Perkin Elmer (BioScientific Corp.), R-Biopharm, IDEXX Labs, and Sciex.
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