Residue Testing Market by Type, Technology, Food Tested – Global Forecast to 2021


Posted January 12, 2017 by annyang

"Residue Testing Market by Type, Technology, Food Tested – Global Forecast to 2021" is a professional and in-depth study.

 
MRRS adds "Residue Testing Market by Type, Technology, Food Tested – Global Forecast to 2021" latest studies,published in December 2016. It is a professional and in-depth study.

The residue testing market is projected to reach USD 4.41 billion by 2021 at a CAGR of 6.4% from 2016. The market is driven by factors such as increase in outbreaks of chemical contamination in food processing industries, growth in allergic reactions among consumers, and implementation of stringent food safety regulations. The high growth potential in emerging markets and untapped regions provides new opportunities for market players.
“The pesticide residues segment expected to be the largest in the residue testing market by 2021”
The pesticide residues segment accounted for the largest market share and is projected to grow at the highest CAGR during the forecast period, due to rise in health concerns and implementation of stringent food safety regulations. The increase in food trade and contamination of food with pesticides, especially in imported food products, has attracted the attention towards pesticide residue testing. It is followed by toxins, which is projected to remain the second-largest market by 2021.
“Chromatography technology led the market with the largest share in 2015”
Chromatography technology accounted for the largest share of the residue testing market in 2015. The importance of this technology is increasing due to its quick, accurate, and easy-to-use characteristics. The vital benefits of these methods for the detection of contaminants include speed, simplicity of operation, efficient analysis, and minimal labor for sample preparation. The stakeholders demand new emerging technologies for analytical testing and ensure certification denoting high quality of their products. This has been driving the market for chromatography in residue testing.

Figure And Tables

TABLE 1 RECENT CHEMICAL OUTBREAKS IN THE WORLD 48
TABLE 2 CAUSES OF FOOD-INDUCED ANAPHYLAXIS IN CHILDREN, BY COUNTRY 49
TABLE 3 LIMITATIONS OF TOXIN CONTAMINANTS IN FOODS IN INDIA 50
TABLE 4 NUMBER OF CERTIFICATION AGENCIES AND LABORATORIES IN CHINA 51
TABLE 5 RESIDUE TESTING MARKET SIZE, BY TYPE, 2014–2021 (USD MILLION) 56
TABLE 6 PESTICIDE RESIDUE TESTING MARKET SIZE, BY SUB-TYPE, 
2014–2021 (USD MILLION) 58
TABLE 7 PESTICIDE RESIDUE TESTING MARKET SIZE, BY REGION, 
2014–2021 (USD MILLION) 59
 ...
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Country United States
Categories Agriculture
Last Updated January 12, 2017