Feed Testing Market

Global Feed Testing Market Size (2024 to 2032)

The global feed testing market was valued at USD 809.42 million in 2023 and is anticipated to reach USD 883.89 million in 2024 from USD 1787.22 million by 2032, growing at a CAGR of 9.2% from 2024 to 2032.

The feed testing market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the increasing demand for the inclusion of specific feed additives like proteins and, thus, the need for testing of feed. The companies in the agricultural industry have shown significant interest in the market lately. Feed testing is generally used to test for pesticides, pathogens, mycotoxin, etc., in order to ensure the absence of any contaminants that may be responsible for food poisoning, toxicity, or any other illness. These tests are necessary for maintaining proper animal health and thus improving their productivity.

Market Drivers

Rising demand for high-quality and sustainable animal nutrition products has led to the rapid growth of the market in recent years. Other factors driving the feed testing market include compulsory analysis of feed safety and quality, customized services emerging as cost and time-effective solutions, and management of feed productions’ operating costs. The market also faces some restraints and challenges as well. Some of these are lack of awareness among farmers about animal feed regulations, Expert analysis required to use advanced testing technologies for extensive sample preparation. These factors have been responsible for holding the market.

REPORT COVERAGE

SEGMENT ANALYSIS

Global Feed Testing Market By Livestock

The market share is dominated by the Pathogen Testing segment. The cattle segment accounted for the highest market share on the basis of livestock due to an increase in the production of cattle meat over recent years and is expected to grow even further.

REGIONAL ANALYSIS

The Feed Testing market was dominated by North America, with an overall market share of over 36% globally. North America was followed by Europe and the Asia Pacific. Asia Pacific market is predicted to grow at a rapid pace in the coming few years.

KEY MARKET PLAYERS

Some of the major companies dominating the market, by their products and services, include Adpen Laboratories Inc., Bureau Veritas SA, Eurofins Scientific, Genon Laboratories Ltd., Institut Für Produktqualität Gmbh (IFP), Intertek Group Plc, R J Hill Laboratories Ltd, Romer Labs Inc., SGS SA, Silliker Inc.

DETAILED SEGMENTATION OF THE GLOBAL FEED TESTING MARKET INCLUDED IN THIS REPORT

This research report on the global feed testing market has been segmented and sub-segmented into the following categories.

By Type

• Crop Chemicals Analysis

• Nutritional Labelling Analysis

• Pathogen Testing

• Fats & Oils Analysis

• Mycotoxin Testing

By Livestock

• Swine

• Poultry

• Cattle

• Aquaculture

• Pet foods

• Others

By Region

• North America

• Europe

• Asia-Pacific

• Latin America

• Middle East and Africa