Global Antibiotic Residue Test Kits Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 150.00 Million |
Market Size (Forecast Year) |
USD 270.00 Million |
CAGR |
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Major Markets Players |
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Global Antibiotic Residue Test Kits Market, By Test Type (Beta-lactams, Amphenicols, Macrolides, Tetracycline, Sulfonamides, Aminoglycosides), End User (Food & Beverages, Veterinary, Independent Laboratories) - Industry Trends and Forecast to 2030.
Antibiotic Residue Test Kits Market Analysis and Size
Antibiotic residues are metabolites found in trace amounts in any edible portion of the animal product after administering the antibiotics. The antibiotic residues in food animal in excess of the acceptable maximum residue limit may contribute to the development of antibiotic resistance in animals or humans. The antibiotic residue test kits market is estimated to show a strong rise, driven by growing awareness regarding requirements for healthy and safer food items, especially dairy, food, and beverages product
Data Bridge Market Research analyses that the Antibiotic Residue Test Kits market which was USD 150.00 million in 2021, would rocket up to USD 270.00 million by 2030, and is expected to undergo a CAGR of 6.5% during the forecast period. This indicates the market value. Beta-lactams dominate the test type segment of the Antibiotic Residue Test Kits market owing to the growing demand for veterinary testing. 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 depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Antibiotic Residue Test Kits Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, and Pricing in USD |
Segments Covered |
Test Type (Beta-lactams, Amphenicols, Macrolides, Tetracycline, Sulfonamides, Aminoglycosides), End User (Food & Beverages, Veterinary, Independent Laboratories) |
Countries Covered |
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, South Africa, Egypt, Israel, 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 |
Market Players Covered |
PerkinElmer U.S. LLC (U.S), Neogen Corporation (U.S), Thermo Fischer Scientific Inc. (U.S), Labtek Services Ltd (U.K), R-Biopharm AG (Germany), Eurofins (Luxembourg), SCIEX (Canada), Charm Sciences Inc (U.S), DSM (Netherlands), and IDEXX Laboratories Inc (U.S) among others |
Market Opportunities |
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Market Definition
Antimicrobial residues are the parent compounds, their metabolites, and associated impurities of veterinary drugs in any edible portion of an animal product. The occurrence of antibiotic residues in animal tissue and animal products resulting from the subtherapeutic, prophylactic, or therapeutic use of antibiotics is a function of the antibiotic, the method of application, the level of treatment, and, most importantly, adherence to withdrawal periods. The antibiotic residue test kits are driven by the advanced technology in the antibiotic residue test kits that can control or inhibit the growth of microorganisms in food and other products.
Global Antibiotic Residue Test Kits Market Dynamics
Drivers
- Advanced technology in the kits to inhibit the growth of microorganisms
The Food and Drug Administration (FDA) has established safety levels of antibiotic residues in food for the protection of consumers. Various advanced test has been developed to detect antibiotic residues. However, the antibiotic residue test kits must meet the FDA's specifications of at least 90% sensitivity and 90% specificity within a 95% confidence interval. Mastitis is the most common disease syndrome in the dairy industry. The antibiotics such as beta-Lactams are administered in veterinary clinical practice.
- Research and development proficiencies
Rising expenditure for research and development proficiencies, especially in the developed and developing economies pertaining to medical drugs, will further create lucrative market growth opportunities. Research and development proficiencies being conducted to develop medical instruments is also expected to drive the market growth rate.
- Increasing government initiatives for food safety
Food safety among consumers is increasing rapidly, which has a significant impact on public health as well as economic activity. The increasing government initiatives for food safety enhance the demand for antibiotic residue test kits. The use of antibiotic residue test kits is increasing in veterinary, food & beverages, and independent laboratories. The veterinary test kits are used to detect rug resistance, such as egg, muscle, and feed samples.
Opportunities
Furthermore, an upsurge in the public-private funding for target research activities, rising demand for chronic diseases treatments using advanced drugs, and rising product innovations and development owing to technological advancements all around the world will extend profitable opportunities for the market players in the forecast period of 2023 to 2030. Additionally, the rising internet penetration rate, increasing adoption of arthroscopic surgeries, rise in the elderly and obese population globally, and increasing per capita, expenditure on health care will further expand the market's growth rate in the future.
Restraints/Challenges
On the other hand, high costs associated with research and development proficiencies, limited infrastructural facilities, high costs associated with sports medicine, and a dearth of awareness in backward economies are expected to obstruct market growth. Also, the lack of favorable reimbursement scenarios and technology penetration in developing economies, the heavy customs duty imposed on medical devices, and the lack of suitable infrastructure in low- and middle-income countries are projected to challenge the market in the forecast period of 2023-2030.
This Antibiotic Residue Test Kits market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the 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 Antibiotic Residue Test Kits market contact Data Bridge Market Research for an Analyst Brief. Our team will help you make an informed market decision to achieve market growth.
Recent Developments
- In February 2020, Thermo Fisher entered a partnership with Q-linea for the commercialization of ASTar. The company will have the exclusive right to offer ASTar to the market in all geographies. The partnership enables both companies to offer customers a comprehensive AST portfolio. The Thermo Fisher Sensititre Complete Automated AST System combined with Q-linea'srapid and fully automatic AST analysis increases the potential to drive the market
- In March 2018, Charm Sciences, Inc. announced its sulphonamides test approval from National Conference on Interstate Milk Shipments (NCIMS). The approval of the Charm Rosa sulf test to detect sulphoamides in raw milk was by the recommendation of the U.S. Food & Drug Administration (FDI)
Global Antibiotic Residue Test Kits Market Scope
The Antibiotic Residue Test Kits market is segmented on the basis of test type 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.
Test Type
- Beta-lactams
- Amphenicols
- Macrolides
- Tetracycline
- Sulfonamides
- Aminoglycosides
End User
- Food & Beverages
- Veterinary
- Independent Laboratories
Global Antibiotic Residue Test Kits Market Regional Analysis/Insights
The global Antibiotic Residue Test Kits market is analysed and market size insights and trends are provided by test type and end user, as referenced above.
The countries covered in the Antibiotic Residue Test Kits 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, South Africa, Egypt, Israel, 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 is expected to dominate the Antibiotic Residue Test Kits market because of the strong base of food testing facilities, the strong presence of major players in the market, increased cases of food borne diseases, and the rising number of research activities in this region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 due to the increase in government initiatives to promote awareness, growing research activities in the region, availability of massive untapped markets, a large population pool, and the growing demand for quality healthcare in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically 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, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The antibiotic residue test kits market also provides you with a detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the antibiotic residue test kits market, the impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on the antibiotic residue test kits market. The data is available for the historic period 2010-2020.
Competitive Landscape and Antibiotic Residue Test Kits Market Share Analysis
The antibiotic residue test kits market competitive landscape provides details of competitors. 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 the antibiotic residue test kits market.
Some of the major players operating in the antibiotic residue test kits market are:
- PerkinElmer U.S. LLC (U.S)
- Neogen Corporation (U.S)
- Thermo Fischer Scientific Inc. (U.S)
- Labtek Services Ltd (U.K)
- R-Biopharm AG (Germany)
- Eurofins (Luxembourg)
- SCIEX (Canada)
- Charm Sciences Inc (U.S)
- DSM (Netherlands)
- IDEXX Laboratories Inc (U.S)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.