Agricultural testing includes various microbiological, chemical and physical tests performed on soil and agricultural produce to determine quality, safety and compliance with regulations. It helps farmers to enhance productivity and protect crops from diseases by analyzing nutrient levels in soil. It also ensures safety of food produce by detecting presence of contaminants, allergens and analyzing composition.
The global Agricultural Testing Market is estimated to be valued at US$ 6.1 Bn in 2023 and is expected to exhibit a CAGR of 4.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Increasing implementation of strict regulations regarding food safety across various countries is augmenting demand for agricultural testing. Regulatory bodies are enforcing food testing and monitoring at different stages from farm to table. Manufacturers and exporters need to comply with regulations of importing countries by providing certificates for absence of contaminants, authenticity and meeting composition standards. This is driving increased adoption of various analytical techniques for screening agricultural commodities. Stringent regulations are also prompting farmers and food companies to integrate advanced testing facilities to ensure supply of safe produce and protect their brands.
SWOT Analysis
Strength: Agricultural testing helps ensure food safety and quality. It helps detect the presence of contaminants, verifies labeled contents, and checks for compliance with regulatory standards. This protects consumers and maintains their trust.
Weakness: Agricultural testing can be an expensive process, especially for smaller farms and producers. The need for specialized equipment and trained professionals increases costs. Interpreting some test results also requires technical expertise that may not be readily available.
Opportunity: As demand for organic, non-GMO, and sustainably-produced food increases, there is opportunity to expand testing services to verify various production claims. Testing requirements are also becoming more stringent in many nations, needing additional compliance verification.
Threats: Unexpected changes in regulations or compliance standards can increase unexpected costs for some agricultural operations. Environmental factors like weather events may also threaten crop health and quality, influencing need for testing. Global trade disputes could impact export demand and testing needs in some export-reliant nations and crops.
Key Takeaways
The Global Agricultural Testing Market Size is expected to witness high growth. Growth will be driven by rising consumer demand for safety and transparency in the food system. Strict quality and contaminant standards globally are also necessitating more comprehensive testing programs on farms and during food production.
Regional analysis: North America and Europe currently dominate the agricultural testing market due to stringent food safety regulations and cultivated consumer preference for verified food attributes. However, Asia Pacific is poised to be the fastest growing region with increasing agricultural exports and emerging middle class demand for assured food quality and safety. Countries like India and China are introducing more proactive testing programs.
Key players: Key players operating in the agricultural testing market are Novartis AG, Mylan N.V., Astellas Pharma Inc., Dr. Reddy’s Laboratories Ltd., Pfizer Inc., Abbott, Senju Pharmaceutical Co. Ltd., Glenmark Pharmaceuticals Ltd., Lupin Limited, and Vibcare Pharma Pvt. Ltd. These firms supply the necessary analytical equipment, provide testing services, and support compliance programs globally. Innovation in portable testing kits and analytical methods is an area of focus.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.