Feed testing is the process of determining the presence of pathogens, metals, pesticides, toxins, antibiotics, and other contaminants in the animal feed to prevent poisoning and other diseases. Consumption of these contaminants can lead to several diseases and infections that can affect the health of livestock. These toxic compounds can enter the feed at any stage. Therefore, it is necessary to test the feed ingredients at every stage during its processing and ensure proper handling of raw materials. Additionally, feed testing is essential to avoid various foodborne illnesses and to ensure physical wellness of livestock.
MARKET DYNAMICS
Rising concerns about animal health and safety amongst livestock producers, farmers, and government bodies is the crucial factor driving the market growth. Moreover, growing importance of feed testing to avoid various diseases and infections is anticipated to further boost the market growth over the forecast period.
MARKET SCOPE
The "Global Feed Testing Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the feed testing market with detailed market segmentation by type and livestock. The global feed testing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading feed testing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global feed testing market is segmented into type and livestock. By type, the feed testing market is bifurcated into pathogen testing, nutritional labelling testing, mycotoxin testing, fats & oil analysis, and others. By livestock, the feed testing market is bifurcated into poultry, swine, ruminants, aquaculture, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global feed testing market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The feed testing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the feed testing market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the feed testing market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global feed testing market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The feed testing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the feed testing market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the feed testing market in these regions.
MARKET PLAYERS
The report covers vital developments in the feed testing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the feed testing market are anticipated to lucrative growth opportunities in the future with the rising demand for feed testing in the global market. Below mentioned is the list of few companies engaged in the feed testing market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the feed testing market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Silliker Inc.
- Intertek Group Plc
- Eurofins Scientific
- Institut für Produktqualität
- Romer Labs Inc.
- R J Hill Laboratories Ltd
- Bruker Biosciences Corporation
- SGS S.A.
- AGROLAB Group
- SDK Laboratories
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Feed Testing Market - By Type
1.3.2 Feed Testing Market - By Livestock
1.3.3 Feed Testing Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FEED TESTING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. FEED TESTING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FEED TESTING MARKET - GLOBAL MARKET ANALYSIS
6.1. FEED TESTING - GLOBAL MARKET OVERVIEW
6.2. FEED TESTING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FEED TESTING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. PATHOGEN TESTING
7.3.1. Overview
7.3.2. Pathogen Testing Market Forecast and Analysis
7.4. NUTRITIONAL LABELLING TESTING
7.4.1. Overview
7.4.2. Nutritional Labelling Testing Market Forecast and Analysis
7.5. MYCOTOXIN TESTING
7.5.1. Overview
7.5.2. Mycotoxin Testing Market Forecast and Analysis
7.6. FATS AND OIL ANALYSIS
7.6.1. Overview
7.6.2. Fats and Oil Analysis Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. FEED TESTING MARKET - REVENUE AND FORECASTS TO 2028 - LIVESTOCK
8.1. OVERVIEW
8.2. LIVESTOCK MARKET FORECASTS AND ANALYSIS
8.3. POULTRY
8.3.1. Overview
8.3.2. Poultry Market Forecast and Analysis
8.4. SWINE
8.4.1. Overview
8.4.2. Swine Market Forecast and Analysis
8.5. RUMINANTS
8.5.1. Overview
8.5.2. Ruminants Market Forecast and Analysis
8.6. AQUACULTURE
8.6.1. Overview
8.6.2. Aquaculture Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. FEED TESTING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Feed Testing Market Overview
9.1.2 North America Feed Testing Market Forecasts and Analysis
9.1.3 North America Feed Testing Market Forecasts and Analysis - By Type
9.1.4 North America Feed Testing Market Forecasts and Analysis - By Livestock
9.1.5 North America Feed Testing Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Feed Testing Market
9.1.5.1.1 Canada Feed Testing Market by Type
9.1.5.1.2 Canada Feed Testing Market by Livestock
9.1.5.2 Mexico Feed Testing Market
9.1.5.2.1 Mexico Feed Testing Market by Type
9.1.5.2.2 Mexico Feed Testing Market by Livestock
9.1.5.3 US Feed Testing Market
9.1.5.3.1 US Feed Testing Market by Type
9.1.5.3.2 US Feed Testing Market by Livestock
9.2. EUROPE
9.2.1 Europe Feed Testing Market Overview
9.2.2 Europe Feed Testing Market Forecasts and Analysis
9.2.3 Europe Feed Testing Market Forecasts and Analysis - By Type
9.2.4 Europe Feed Testing Market Forecasts and Analysis - By Livestock
9.2.5 Europe Feed Testing Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Feed Testing Market
9.2.5.1.1 Germany Feed Testing Market by Type
9.2.5.1.2 Germany Feed Testing Market by Livestock
9.2.5.2 France Feed Testing Market
9.2.5.2.1 France Feed Testing Market by Type
9.2.5.2.2 France Feed Testing Market by Livestock
9.2.5.3 Italy Feed Testing Market
9.2.5.3.1 Italy Feed Testing Market by Type
9.2.5.3.2 Italy Feed Testing Market by Livestock
9.2.5.4 United Kingdom Feed Testing Market
9.2.5.4.1 United Kingdom Feed Testing Market by Type
9.2.5.4.2 United Kingdom Feed Testing Market by Livestock
9.2.5.5 Russia Feed Testing Market
9.2.5.5.1 Russia Feed Testing Market by Type
9.2.5.5.2 Russia Feed Testing Market by Livestock
9.2.5.6 Rest of Europe Feed Testing Market
9.2.5.6.1 Rest of Europe Feed Testing Market by Type
9.2.5.6.2 Rest of Europe Feed Testing Market by Livestock
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Feed Testing Market Overview
9.3.2 Asia-Pacific Feed Testing Market Forecasts and Analysis
9.3.3 Asia-Pacific Feed Testing Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Feed Testing Market Forecasts and Analysis - By Livestock
9.3.5 Asia-Pacific Feed Testing Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Feed Testing Market
9.3.5.1.1 Australia Feed Testing Market by Type
9.3.5.1.2 Australia Feed Testing Market by Livestock
9.3.5.2 China Feed Testing Market
9.3.5.2.1 China Feed Testing Market by Type
9.3.5.2.2 China Feed Testing Market by Livestock
9.3.5.3 India Feed Testing Market
9.3.5.3.1 India Feed Testing Market by Type
9.3.5.3.2 India Feed Testing Market by Livestock
9.3.5.4 Japan Feed Testing Market
9.3.5.4.1 Japan Feed Testing Market by Type
9.3.5.4.2 Japan Feed Testing Market by Livestock
9.3.5.5 South Korea Feed Testing Market
9.3.5.5.1 South Korea Feed Testing Market by Type
9.3.5.5.2 South Korea Feed Testing Market by Livestock
9.3.5.6 Rest of Asia-Pacific Feed Testing Market
9.3.5.6.1 Rest of Asia-Pacific Feed Testing Market by Type
9.3.5.6.2 Rest of Asia-Pacific Feed Testing Market by Livestock
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Feed Testing Market Overview
9.4.2 Middle East and Africa Feed Testing Market Forecasts and Analysis
9.4.3 Middle East and Africa Feed Testing Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Feed Testing Market Forecasts and Analysis - By Livestock
9.4.5 Middle East and Africa Feed Testing Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Feed Testing Market
9.4.5.1.1 South Africa Feed Testing Market by Type
9.4.5.1.2 South Africa Feed Testing Market by Livestock
9.4.5.2 Saudi Arabia Feed Testing Market
9.4.5.2.1 Saudi Arabia Feed Testing Market by Type
9.4.5.2.2 Saudi Arabia Feed Testing Market by Livestock
9.4.5.3 U.A.E Feed Testing Market
9.4.5.3.1 U.A.E Feed Testing Market by Type
9.4.5.3.2 U.A.E Feed Testing Market by Livestock
9.4.5.4 Rest of Middle East and Africa Feed Testing Market
9.4.5.4.1 Rest of Middle East and Africa Feed Testing Market by Type
9.4.5.4.2 Rest of Middle East and Africa Feed Testing Market by Livestock
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Feed Testing Market Overview
9.5.2 South and Central America Feed Testing Market Forecasts and Analysis
9.5.3 South and Central America Feed Testing Market Forecasts and Analysis - By Type
9.5.4 South and Central America Feed Testing Market Forecasts and Analysis - By Livestock
9.5.5 South and Central America Feed Testing Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Feed Testing Market
9.5.5.1.1 Brazil Feed Testing Market by Type
9.5.5.1.2 Brazil Feed Testing Market by Livestock
9.5.5.2 Argentina Feed Testing Market
9.5.5.2.1 Argentina Feed Testing Market by Type
9.5.5.2.2 Argentina Feed Testing Market by Livestock
9.5.5.3 Rest of South and Central America Feed Testing Market
9.5.5.3.1 Rest of South and Central America Feed Testing Market by Type
9.5.5.3.2 Rest of South and Central America Feed Testing Market by Livestock
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FEED TESTING MARKET, KEY COMPANY PROFILES
11.1. SILLIKER INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. INTERTEK GROUP PLC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EUROFINS SCIENTIFIC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. INSTITUT FüR PRODUKTQUALITäT
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ROMER LABS INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. R J HILL LABORATORIES LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. BRUKER BIOSCIENCES CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SGS S.A.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. AGROLAB GROUP
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SDK LABORATORIES
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Silliker Inc.
2. Intertek Group Plc
3. Eurofins Scientific
4. Institut für Produktqualität
5. Romer Labs Inc.
6. R J Hill Laboratories Ltd
7. Bruker Biosciences Corporation
8. SGS S.A.
9. AGROLAB Group
10. SDK Laboratories
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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