Feed Testing Market by Livestock (Swine, Poultry, Pets, Equine, Cattle, and Aquatic animals), by Type (Mycotoxin, Pathogen, Nutritional Labeling, Crop Chemicals, Fats & Oils, and Others), & Geography Global Trends & Forecasts To 2019
NEW YORK, Sept. 30, 2014 /PRNewswire/ -- The need for feed testing emerged due to the occurrence of several diseases in animals due to the consumption of contaminated compound feed. Industrialization has also led to the contamination of feed ingredients such as corn, maize, and other grains, which are cultivated in land that is exposed to contamination. The regulatory bodies such as FDA, FAO, EUROPA, and USDA have made mandatory regulations for the testing of feed ingredients before they are marketed.
The report includes the market sizes in terms of both, value ($million) and volume (no. of tests). The feed testing market has been segmented on the basis of types, livestock type, and various key regions. Testing is further segmented as pathogen testing, nutritional and labeling analysis, mycotoxin testing, fats and oils analysis, proximate analysis, pesticide & fertilizer analysis and others (feed ingredient analysis, metal and mineral analysis, drugs and antibiotics testing) on the basis of various types. Testing has also been segmented on the basis of various types of livestock animals that consume the feed such as swine, poultry, aquatic animals, pets, cattle, and equines. The market has also been segmented on the basis of various regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW); and segmented further on the basis of their key countries.
In 2013, the market for animal feed testing exceeded $1 billion due to the growing consumer awareness regarding quality feed and feed ingredients, and advancements in technologies for testing feed ingredients. The number of tests conducted in North America was the highest in the same year, as the region was observed to have larger number of livestock animals that were affected with several diseases owing to the contamination of feed ingredients.
The report provides both, qualitative and quantitative analyses of the market for feed tests. The report includes the market dynamics, trends, competitive strategies preferred by the key market players, the driving factors that boosted the growth of the feed testing market, and the restraints of the market. The report also confers the opportunities in the feed testing market for new entrants.
To maintain a competitive edge in the feed testing market, the key players invest heavily in the technological development of testing equipment and products. The key players of the market were observed to prefer expansions & investments and new technology/product/service launches as strategies to gain a larger share in the market. Leading players such as Silliker Inc. (U.S.), Intertek Group Plc (U.K.), Eurofins Scientific (Luxembourg), Institut für Produktqualität (Germany), and Romer Labs Inc. (U.S.) have been profiled in the report. The report provides a complete analysis of the prominent companies and a chronology of developments with respect to new technologies/products/services launched and their applications. It also analyzes the market dynamics, winning imperatives, and issues faced by the leading players.
SCOPE OF THE REPORT
This report categorizes the global market for feed testing market on the basis of types, livestock type consuming the feed, and key regions; projecting the market size in terms of value and analyzing trends in each of the following submarkets:
Feed testing market
On the basis of types, the market was sub-segmented as follows:
- Pathogen testing
- Nutritional labeling analysis
- Mycotoxin testing
- Fats & oils analysis
- Crop chemicals analysis
- Others (feed ingredient analysis, proximate analysis, metal & mineral analysis, and drugs & antibiotics testing)
On the basis of the livestock type that consumes the feed, the market was sub-segmented as follows:
- Poultry
- Swine
- Pets
- Equines
- Cattle
- Aquatic animals
On basis of geography, the market was sub-segmented as follows:
- North America
- Europe
- Asia-Pacific
- RoW
Read the full report: http://www.reportlinker.com/p02370855-summary/view-report.html
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