The latest report by IMARC Group’s report titled “Agricultural Testing Market Report by Sample (Water, Soil, Seed, Biosolids, Manure, and Others), Technology (Conventional, Rapid, and Others), Application (Safety Testing, Quality Assurance, and Others), and Region 2024-2032“, offers a comprehensive analysis of the industry, which comprises insights on the global agricultural testing market trends. The global market size reached US$ 5.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.3% during 2024-2032.
Factors Affecting the Growth of Agricultural Testing Industry:
- Increasing Focus on Food Safety and Quality Assurance:
In recent years, there has been a growing concern regarding food safety and quality. Consumers are becoming more conscious of the food they consume, demanding assurance that the products they buy meet high standards. This has prompted governments and regulatory bodies worldwide to implement stringent regulations and standards for food safety. Agricultural testing plays a pivotal role in ensuring compliance with these regulations. Agricultural testing encompasses various aspects such as pesticide residue analysis, pathogen detection, and nutritional profiling. As consumers demand transparency in the food supply chain, food producers and manufacturers rely on testing to guarantee the safety and quality of their products. This heightened awareness about food safety has driven the demand for agricultural testing services globally.
- Expansion of Precision Agriculture:
Precision agriculture, often referred to as smart farming, is rapidly gaining traction in the agricultural sector. This approach relies on advanced technologies such as, GPS, remote sensing, and data analytics to optimize various aspects of farming, including crop management, irrigation, and fertilization. To implement precision agriculture successfully, accurate data and information about soil composition, nutrient levels, and crop health are essential. Agricultural testing provides the necessary data for precision agriculture. Farmers and agribusinesses use soil testing, plant tissue analysis, and water quality testing to make informed decisions and maximize crop yields while minimizing resource wastage. As precision agriculture continues to evolve, the demand for agricultural testing services is expected to rise further.
- Global Trade and Export Requirements:
The global agricultural industry relies heavily on international trade. To meet the requirements of foreign markets, agricultural products must adhere to specific quality and safety standards. Exporters and importers of agricultural goods are increasingly relying on testing to ensure compliance with these standards. Agricultural testing is crucial for verifying the absence of contaminants, such as harmful pesticides, heavy metals, and pathogens, in agricultural products. Additionally, it helps in determining the nutritional value and authenticity of food products. With the expansion of global trade, the need for reliable and accredited agricultural testing services has become paramount.
Leading Companies Operating in the Global Agricultural Testing Industry:
- Agilent Technologies Inc.
- ALS Limited
- bioMérieux SA
- Bureau Veritas SA
- Element Materials Technology
- Eurofins Scientific
- Intertek Group PLC
- Merck KGaA
- R J Hill Laboratories Limited
- Scientific Certification Systems Inc.
- SGS S.A.
- TUV Nord Group.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/agricultural-testing-market/requestsample
Agricultural Testing Market Report Segmentation:
By Sample:
- Water
- Soil
- Seed
- Biosolids
- Manure
- Others
Soil dominates the market due to its fundamental importance in agriculture, as it serves as the foundation for crop growth and its quality directly impacts agricultural productivity.
By Technology:
- Conventional
- Rapid
- Others
Rapid holds maximum number of shares due to its ability to provide quick and real-time results, which is crucial for timely decision-making in various industries.
By Application:
- Safety Testing
- Quality Assurance
- Others
Quality assurance represents the largest segment due to its fundamental role in ensuring the safety, consistency, and compliance of agricultural products, which is of paramount importance to both consumers and regulatory authorities.
Regional Insights:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
North America’s dominance in the agricultural testing market is attributed to its advanced infrastructure, robust agricultural industry, and a strong emphasis on implementing cutting-edge agricultural technologies and practices.
Global Agricultural Testing Market Trends:
The adoption of genetically modified crops has risen significantly in recent years due to their potential for higher yields and pest resistance. However, the introduction of GM crops requires rigorous testing and regulatory compliance. Agricultural testing laboratories perform DNA analysis, allergen testing, and compositional analysis to ensure the safety and authenticity of GM crops, driving the demand for specialized testing services. Additionally, growing concerns about the impact of agriculture on the environment and the need for sustainable farming practices have fueled the demand for agricultural testing. Soil and water testing help farmers optimize resource use, reduce environmental pollution, and adopt sustainable agricultural techniques. As sustainability becomes a priority, agricultural testing services play a vital role in supporting eco-friendly farming practices.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
