Global Animal Feed Testing Service Market, By Testing Type (Pathogen Testing, Fats and Oils Analysis, Feed Ingredient Analysis, Metal and Mineral Analysis, Pesticides and Fertilizers Analysis, Drugs and Antibiotics Analysis, Mycotoxin Testing, Nutritional Labeling, Proximate Analysis, Others), Feed Type (Pet Food, Equine Feeds, Aquatic Animals Feeds, Poultry Feed, Cattle Feed, Swine Feed, Others), Equipment Type (Bomb Calorimeter, Atomic Absorption Spectroscope (AAS), Gas Chromatograph-Flame Ionization Detector (GC-FID), Gas Chromatograph-Mass Spectrometer (GC-MS), High Performance Liquid Chromatography (HPLC), Others), Consumables (Glass Wares, Reference Standards, Solvents and Reagents, Others), End User (Manufacturers, Third Party Testers and Growers / Non-Profits) – Industry Trends and Forecast to 2029.
Animal Feed Testing Service Market Analysis and Size
According to the Food and Agriculture Organization of the United Nations (FAO), mycotoxins, which are toxic secondary metabolites of moulds, are present in nearly 25% of the world's food. There are about 400 known species of mycotoxins from various chemical compound classes, with 25 of them being quite common due to their frequency of occurrence. As the world's population grows, so does the demand for food, necessitating a greater emphasis on animal feed testing.
Data Bridge Market Research analyses that the animal feed testing service market was valued at 1022.63 million in 2021 is expected to reach the value of USD 1978.60 million by 2029, at aw CAGR of 8.60% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Animal Feed Testing Service Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Testing Type (Pathogen Testing, Fats and Oils Analysis, Feed Ingredient Analysis, Metal and Mineral Analysis, Pesticides and Fertilizers Analysis, Drugs and Antibiotics Analysis, Mycotoxin Testing, Nutritional Labeling, Proximate Analysis, Others), Feed Type (Pet Food, Equine Feeds, Aquatic Animals Feeds, Poultry Feed, Cattle Feed, Swine Feed, Others), Equipment Type (Bomb Calorimeter, Atomic Absorption Spectroscope (AAS), Gas Chromatograph-Flame Ionization Detector (GC-FID), Gas Chromatograph-Mass Spectrometer (GC-MS), High Performance Liquid Chromatography (HPLC), Others), Consumables (Glass Wares, Reference Standards, Solvents and Reagents, Others), End User (Manufacturers, Third Party Testers and Growers / Non-Profits)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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SGS Société Générale de Surveillance SA (Switzerland), Bureau Veritas (France), Eurofins Scientifics (Luxembourg), Intertek Group plc (U.K.), Mérieux NutriSciences Corporation (U.S.), ALS (Australia), Neogen Corporation (U.S.) AsureQuality (New Zealand), Charm Sciences (U.S.), Premier Analytical Services (U.K.), Dairyland Laboratories (U.S.), Bio-Check (U.K.), AES Laboratories (India), IEH Laboratories and Consulting Group (U.S.), Envirologix Inc. (U.S.), EMSL Analytical, Inc. (U.S.), and Krishgen Biosystems (U.S.)
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Opportunities
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Market Definition
The procedure of achieving an accurate balance between the available feed ingredients is referred to as feed testing. The primary goal of the feed program is to reduce the level of contamination in animal feedstock. Feed ingredient nutrient content information is required for successful feed testing. Pesticides, mycotoxin, minerals, pathogens, metals, antibiotics, and drugs are tested in feed, among other feed ingredients, to determine the absence of contaminants that can cause toxicity, foodborne diseases, and poisoning.
Global Animal Feed Testing Service Market Dynamics
Drivers
- Concerns on animal health and safety among producers
The rising demand for high-quality animal feed is fuelling the growth of the animal feed testing services market. Rapid urbanization and rising feed production operational costs will propel the market forward. The rising demand from various end-use industries will boost the animal feed testing services market's growth rate. Furthermore, the growing concern about animal health and safety among livestock producers, farmers, and government bodies will drive the animal feed testing market's growth rate. Another critical factor is the rise in the prevalence of livestock diseases, which will further dampen the market's growth rate. Other factors such as mandatory feed safety and quality analysis, customized services emerging as cost and time-effective solutions, and feed production operation costs will positively impact the market's growth rate of animal feed testing services.
- Stringent regulations laid by government on implementation of testing
Various governments and regulatory bodies around the world have made testing of animal feed and food ingredients mandatory. Animal feed cannot be marketed until its safety and efficacy have been proven. Such precautions to avoid contamination, chemicals, and toxic presence have had a significant impact on the mycotoxin testing market's growth. To protect human and animal health, many countries have enacted specific regulations for mycotoxins in food and animal feed.
Opportunities
- Increasing food trade
Increasing food trade across emerging market borders broadens the market's potential for growth. The growing number of food-borne illnesses, as well as poor sanitation and processing conditions in some factories, necessitate animal feed testing services. Regulations in emerging economies that have entered the food trade, as well as authorities' authorization to prohibit the import and supply of contaminated food and enforce food recalls, are expected to increase demand for testing services in these regions.
Restraints
- High cost and lack of awareness
However, the high cost and extensive sample preparation will slow the growth rate of the animal feed testing services market. In addition, a lack of knowledge about feed regulations and a scarcity of expert analysts for advanced performing tests will pose significant challenges to the market's growth. The lack of farmer awareness about animal feed testing and the high cost of testing will act as major market restraints, slowing the growth rate of the animal feed testing services market.
This animal feed testing service market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the animal feed testing service market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Animal Feed Testing Service Market
While global trade came to a halt due to the lockdowns imposed to control the spread of novel coronaviruses, the food industry has been hit hard by severe freight challenges. Meat and dairy sales fell in the food industry, particularly in food service and hospitality. This downturn in the global food industry had a negative impact on the feed testing market. In the early stages of the pandemic, livestock producers faced an oversupply situation, which forced them to cut costs. While there is net growth in feed production, it is lower than the growth forecast before the pandemic, according to Deepak Roda, vice president of market & business development and enzyme innovation. Slowdowns in the meat and feed supply chains, as well as lower consumption of meat and meat-based products, reduced feed consumption. As a result, the overall demand for and production of feed has slowed. However, the market is expected to return to normal once the pandemic is over. The real challenge then becomes meeting the unexpectedly high demand.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In October 2019, SGS announced the expansion of its new food microbiological testing lab in Fairfield, New Jersey, USA. The 2,000-square-foot microbiological testing facility uses an information technology platform to provide testing services to food producers, manufacturers, and suppliers from all food categories.
- In March 2019 SGS announced the expansion of its new food microbiological testing lab in Carson, California. The microbiological testing facility measures 2,400 square feet. The company's geographical coverage, as well as its global network of agriculture and food labs, will be expanded as a result of this expansion.
Global Animal Feed Testing Service Market Scope
The animal feed testing service market is segmented on the basis of testing type, feed type, equipment type, consumables and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Testing Type
- Pathogen Testing
- Fats and Oils Analysis
- Feed Ingredient Analysis
- Metal and Mineral Analysis
- Pesticides and Fertilizers Analysis
- Drugs and Antibiotics Analysis
- Mycotoxin Testing
- Nutritional Labeling
- Proximate Analysis
- Others
Feed type
- Pet Food
- Equine Feeds
- Aquatic Animals Feeds
- Poultry Feed
- Cattle Feed
- Swine Feed
- Others
Equipment Type
- Bomb Calorimeter
- Atomic Absorption Spectroscope (AAS)
- Gas Chromatograph-Flame Ionization Detector (GC-FID)
- Gas Chromatograph-Mass Spectrometer (GC-MS)
- High Performance Liquid Chromatography (HPLC)
- Others
Consumables
- Glass Wares
- Reference Standards
- Solvents and Reagents
- Others
End Users
- Manufacturers
- Third Party Testers
- Growers / Non-Profits
Animal Feed Testing Service Market Regional Analysis/Insights
The animal feed testing service market is analysed and market size insights and trends are provided by country, testing type, feed type, equipment type, consumables and end user as referenced above.
The countries covered in the animal feed testing service market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America leads the animal feed testing services market because of the outbreak of several diseases that affect the health of animals and humans in the region.
Asia-Pacific is expected to grow at a significant rate from 2022 to 2029 because of technological advancements in animal feed testing equipment and a rapid increase in major manufacturers within this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Animal Feed Testing Service Market Share Analysis
The animal feed testing service market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to animal feed testing service market.
Some of the major players operating in the animal feed testing service market are:
- SGS Société Générale de Surveillance SA (Switzerland)
- Bureau Veritas (France)
- Eurofins Scientifics (Luxembourg)
- Intertek Group plc (U.K.)
- Mérieux NutriSciences Corporation (U.S.)
- ALS (Australia)
- Neogen Corporation (U.S.)
- AsureQuality (New Zealand)
- Charm Sciences (U.S.)
- Premier Analytical Services (U.K.)
- Dairyland Laboratories (U.S.)
- Bio-Check (U.K.)
- AES Laboratories (India)
- IEH Laboratories and Consulting Group (U.S.)
- Envirologix Inc. (US)
- EMSL Analytical, Inc. (U.S.)
- Krishgen Biosystems (U.S.)
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