Latin America Market had a Feed Testing market is projected to reach USD 106.94 billion by 2021
Latin America Feed Testing Market by Type, by Livestock and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
(EMAILWIRE.COM, September 28, 2017 ) The Latin America Market had a Feed Testing market value of USD 68.3 billion in 2016 and is forecasted to exhibit a CAGR of 9.38% and reach USD 106.94 billion by 2021. The Feed Testing market is predicted to showcase huge potential in the forecasting period. The market has continued to gain momentum with the rising demand for including specific additives in feed, like proteins and thus the increase in need for feed testing. Various companies in agricultural industry have been showing interest in the market lately.
Feed testing is usually used for testing for pesticides, mycotoxin, pathogens etc. so as to ensure against the presence of any contaminants that might be responsible for food toxicity, poisoning or any other illness. These feed tests are required for maintaining proper health in animal and thus improve their productivity.
Increasing demand for higher quality and sustainable animal nutritional products has led to a rapid growth in the market recently. Other important factors driving the growth of Feed Testing Market are customized services emerging as cost and time effective solutions, compulsory analysis of feed safety and quality, management of feed productions’ operating cost. The market has been facing some challenges and restraints as well. Some of the major ones are Expert analysis required to use advanced testing technologies for extensive sample preparation, lack of awareness among farmers about animal feed regulations. These factors are responsible for holding down the market.
View full report @ http://www.marketdataforecast.com/market-reports/latin-america-feed-testing-market-2293/
The Latin America Feed Testing market is broadly classified on the basis of type and livestock. The segmentation on the basis of type is done under Crop Chemicals Analysis, Pathogen Testing, Nutritional Labelling Analysis, Fats & Oils Analysis, Mycotoxin Testing. The Pathogen testing segment lead the market share. On the basis of livestock, the market is categorized into poultry, swine, cattle, pet foods, aquaculture and others. The cattle segment had for the highest market share under livestock segmentation due to increase in production of cattle meat over the recent years and is expected to grow even further. On the basis of geography, the Latin America market is analysed under various regions namely Brazil, Argentina, Mexico and rest of Latin America.
Some of the major companies dominating the market, by their products and services include Adpen Laboratories Inc., SGS SA, Bureau Veritas SA, Genon Laboratories Ltd., Eurofins Scientific, Institut Für Produktqualität Gmbh (IFP), R J Hill Laboratories Ltd, Intertek Group Plc, Romer Labs Inc., Silliker Inc.
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Scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Buy now@ http://www.marketdataforecast.com/cart/buy-now/latin-america-feed-testing-market-2293
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Feed testing is usually used for testing for pesticides, mycotoxin, pathogens etc. so as to ensure against the presence of any contaminants that might be responsible for food toxicity, poisoning or any other illness. These feed tests are required for maintaining proper health in animal and thus improve their productivity.
Increasing demand for higher quality and sustainable animal nutritional products has led to a rapid growth in the market recently. Other important factors driving the growth of Feed Testing Market are customized services emerging as cost and time effective solutions, compulsory analysis of feed safety and quality, management of feed productions’ operating cost. The market has been facing some challenges and restraints as well. Some of the major ones are Expert analysis required to use advanced testing technologies for extensive sample preparation, lack of awareness among farmers about animal feed regulations. These factors are responsible for holding down the market.
View full report @ http://www.marketdataforecast.com/market-reports/latin-america-feed-testing-market-2293/
The Latin America Feed Testing market is broadly classified on the basis of type and livestock. The segmentation on the basis of type is done under Crop Chemicals Analysis, Pathogen Testing, Nutritional Labelling Analysis, Fats & Oils Analysis, Mycotoxin Testing. The Pathogen testing segment lead the market share. On the basis of livestock, the market is categorized into poultry, swine, cattle, pet foods, aquaculture and others. The cattle segment had for the highest market share under livestock segmentation due to increase in production of cattle meat over the recent years and is expected to grow even further. On the basis of geography, the Latin America market is analysed under various regions namely Brazil, Argentina, Mexico and rest of Latin America.
Some of the major companies dominating the market, by their products and services include Adpen Laboratories Inc., SGS SA, Bureau Veritas SA, Genon Laboratories Ltd., Eurofins Scientific, Institut Für Produktqualität Gmbh (IFP), R J Hill Laboratories Ltd, Intertek Group Plc, Romer Labs Inc., Silliker Inc.
Get free sample report @ http://www.marketdataforecast.com/market-reports/latin-america-feed-testing-market-2293/request-sample
Scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Buy now@ http://www.marketdataforecast.com/cart/buy-now/latin-america-feed-testing-market-2293
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results