Pesticide Residue Testing Market worth 1.63 Billion USD by 2022
The pesticide residue testing market, in terms of value, is projected to reach USD 1.63 Billion by 2022, at a CAGR of 7.0% from 2016 to 2022.
(EMAILWIRE.COM, March 30, 2017 ) The report "Pesticide Residue Testing Market by Type (Herbicides, Insecticides, Fungicides), Technology (LC-MS/GC-MS, HPLC, Gas Chromatography), Class (Organochlorines, Organophosphates, Organonitrogens & Carbamates), Food Tested, and Region - Global Forecast to 2022", The pesticide residue testing market is projected to reach USD 1.63 Billion by 2022, at a CAGR of 7.0% from 2016 to 2022. The market is driven by the implementation of food regulatory laws, advancements in testing technologies, global movement of organic revolution, and international trade of food materials.
Browse 79 market data tables and 55 figures spread through 178 pages and in-depth TOC on “Pesticide Residue Testing Market - Global Forecast to 2022”
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The herbicides segment accounted for the largest share in the pesticide residue testing market in 2015
The market for herbicides among all the types of pesticide residues, accounted for the largest share in 2015. The increased consumption of herbicides in agriculture as a crop protection chemical has resulted in its residue remnants in food products, which in turn requires food testing for safety.
LC-MS/GC-MS segment is projected to be the largest and fastest growing segment, by technology
The liquid chromatography (LC) and gas chromatography (GC) coupled with mass spectrometry (MS) is found to be the most efficient technology to separate and detect the pesticide residues with accuracy, speed, and multiple detection. LC-MS/GC-MS technologies segment is projected to grow at the highest CAGR from 2016 to 2022.
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The organochlorines segment is projected to be the fastest growing class of pesticides for residue testing
The organochlorine residue testing market is projected to be the largest and fastest growing segment from 2016 to 2022. This is due to the increased number and wide applications of organochlorines in the agriculture crops and their presence in the environment.
Asia-Pacific is projected to be the fastest growing region in the pesticide residue testing market
The Asia-Pacific region is projected to be the fastest growing market through 2022 due to the increasing food safety concerns among the consumers and the growing market for processed food. The region is a significant trading partner with the developed regions such as Europe and North America. China is projected to be fastest growing country in the Asia-Pacific region. The country is required to follow stringent regulations imposed by the importing countries for the food safety testing for pesticide residue. As the country is the largest pesticide producer and exporter in the world, increasing instances of pesticide contamination in the air, water bodies, and soil, and pesticide-induced deaths have also become a serious concern which results in an increase in demand for pesticide residue testing.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Eurofins Scientific SE (Luxembourg), Bureau Veritas S.A. (France), SGS S.A. (Switzerland), Intertek Group plc (U.K.), and Silliker, Inc. (U.S.). Other players include ALS Limited (Australia), AsureQuality Ltd (New Zealand), SCS Global Services (U.S.), Microbac Laboratories, Inc (U.S.), and Symbio Laboratories (Australia).
About MarketsandMarkets
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Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
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WA 98101, United States
Email: sales@marketsandmarkets.com
Browse 79 market data tables and 55 figures spread through 178 pages and in-depth TOC on “Pesticide Residue Testing Market - Global Forecast to 2022”
Get Report Sample Copy:
http://www.marketsandmarkets.com/requestsample.asp?id=195216043
Early buyers will receive 10% customization on reports.
The herbicides segment accounted for the largest share in the pesticide residue testing market in 2015
The market for herbicides among all the types of pesticide residues, accounted for the largest share in 2015. The increased consumption of herbicides in agriculture as a crop protection chemical has resulted in its residue remnants in food products, which in turn requires food testing for safety.
LC-MS/GC-MS segment is projected to be the largest and fastest growing segment, by technology
The liquid chromatography (LC) and gas chromatography (GC) coupled with mass spectrometry (MS) is found to be the most efficient technology to separate and detect the pesticide residues with accuracy, speed, and multiple detection. LC-MS/GC-MS technologies segment is projected to grow at the highest CAGR from 2016 to 2022.
Make an Inquiry:
http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=195216043
The organochlorines segment is projected to be the fastest growing class of pesticides for residue testing
The organochlorine residue testing market is projected to be the largest and fastest growing segment from 2016 to 2022. This is due to the increased number and wide applications of organochlorines in the agriculture crops and their presence in the environment.
Asia-Pacific is projected to be the fastest growing region in the pesticide residue testing market
The Asia-Pacific region is projected to be the fastest growing market through 2022 due to the increasing food safety concerns among the consumers and the growing market for processed food. The region is a significant trading partner with the developed regions such as Europe and North America. China is projected to be fastest growing country in the Asia-Pacific region. The country is required to follow stringent regulations imposed by the importing countries for the food safety testing for pesticide residue. As the country is the largest pesticide producer and exporter in the world, increasing instances of pesticide contamination in the air, water bodies, and soil, and pesticide-induced deaths have also become a serious concern which results in an increase in demand for pesticide residue testing.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Eurofins Scientific SE (Luxembourg), Bureau Veritas S.A. (France), SGS S.A. (Switzerland), Intertek Group plc (U.K.), and Silliker, Inc. (U.S.). Other players include ALS Limited (Australia), AsureQuality Ltd (New Zealand), SCS Global Services (U.S.), Microbac Laboratories, Inc (U.S.), and Symbio Laboratories (Australia).
About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarkets INC.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Email: sales@marketsandmarkets.com
Contact Information:
MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results