The Middle East and Africa feed testing market is expected to reach USD 30.77 million in 2024 and reach USD 47.63 million by 2029, growing at a CAGR of 9.31% from 2024 to 2029.
The Feed Testing market is showcasing significant potential over the mentioned forecast period. The market continues to build momentum with the growing demand for specific additives, such as proteins, to be included in feed, and thus, there is a need for feed testing. The major companies in the agricultural sector have been showing interest in the market recently.
Feed testing is basically used in testing for pesticides, mycotoxins, pathogens, etc., so as to make sure of the absence of any contamination that could be responsible for food toxicity, poisoning, or any other illness. These tests are important in order to maintain proper health in animals and hence improve their productivity.
Growing demand for sustainable and higher quality animal nutrition products has resulted in rapid growth in the market recently. Other key factors driving the growth of the Feed Testing Market are compulsory analysis of feed safety and quality, management of feed productions’ operating cost, and customized services emerging as cost and time-effective solutions. The market faces a few challenges and restraints as well. Some of the important ones are the lack of farmers’ awareness regarding animal feed regulations and analysis by experts required to use advanced testing technologies to prepare extensive samples. These factors have been holding back the market from reaching its potential.
Some of the major companies dominating the market, by their products and services include Bureau Veritas SA, Adpen Laboratories Inc., Eurofins Scientific, Institut Für Produktqualität Gmbh (IFP), Genon Laboratories Ltd., R J Hill Laboratories Ltd, Intertek Group Plc, SGS SA, Romer Labs Inc., Silliker Inc.
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