Agricultural Testing Market Scope
Agricultural testing refers to the testing of various components such as seed, water, soil, and others to examine the level of contamination. Agricultural testing helps in analyzing the appropriate input requirements and resources to be supplemented for the optimal plant growth. Along with obtaining the contamination level, testing helps in determining the composition, and other characteristics such as the acidity or pH level of the given sample. Increasing Prevalence of Food-borne disease and a marked increase in the level of soil and water contamination is driving the Global Agricultural testing market.
According to AMA, the Global Agricultural Testing market is expected to see growth rate of 6.17%
The Global Agricultural Testing Market is fragmented with numerous players. Several initiatives are being undertaken by governments across the world to improve the agriculture industry. For instance, in June 2017, the government of South Africa announced its new Agro-processing Support Scheme which aims to boost productivity and modernize agricultural machinery and the production process.
Thermo Fisher Scientific (United States), SGS S.A. (Switzerland), 3M Company (United States), Bureau Veritas S.A. (France), Eurofins Scientific (Luxembourg), ALS Limited (Australia), R J Hill Laboratories Ltd. (Newzealand) and Agilent Technologies Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are EXOVA (United Kingdom), TUV Nord Group (Germany), SCS Global Services (United States) and Apal Agricultural Laboratory (Australia).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Agricultural Testing market by Type (Soil, Water and Seed), by Application (Safety testing and Quality assurance) and Region with country level break-up.
On the basis of geography, the market of Agricultural Testing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In May 2019, Indigo Agriculture, a company dedicated to harnessing nature to help farmers sustainably feed the planet, announces its 2020 Winter Wheat offer. Available for the 2020 crop season, the offer is designed to increase overall profitability for the United States wheat growers. Indigo’s microbiome technology has been shown to improve crop resiliency in the face of environmental stress, such as drought.
In 2018, FDA has determined quantification methods that are scientifically valid and at least equivalent to the method of analysis i.e. Escherichia coli (E. coli) in Water by Membrane Filtration Using Modified membrane-Thermo tolerant Escherichia coli Agar.
- Increasing Demand for Agricultural testing from Farming Sector
- Rising Awareness Regarding the Benefits of Agricultural Testing
- Increasing Outbreak of Food-borne Illness
- Rapid Industrialization leading to the Disposal of Industrial Waste
- Supportive Government Regulations for Agricultural Commodities
- Increasing Number of Strategic Alliances for Agricultural Testing
- High Cost Associated with the Procurement of Agricultural Testing Equipment
- Time Consumption in Extensive Agricultural Testing Associated with the Operation
Key Target AudienceAgriculture and Farming Industry, Agriculture Institutes and Laboratories, Government and Regulatory Bodies, Agricultural Testing Researchers, Industry Associations and Potential Investors