Latest Research: North America Feed Testing Market Report 2017-2022.
Feed Testing market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the increase in demand of inclusion of specific additives in feed.
(EMAILWIRE.COM, February 12, 2018 ) According to the report “North America Medicated Feed Additives Market,” published by Market Data Forecast, the North America market is projected to reach USD 314.27 billion by 2022, at a CAGR of 8.93% from 2017 to 2022.
The Feed Testing market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the increase in demand of inclusion of specific additives in feed, like proteins and therefore the need for feed testing. The bigger companies in agricultural sector have shown interest in the market in recent years.
Feed testing is used in tests for pathogens, pesticides, mycotoxin etc. in order to make sure of the absence of any contamination that might be responsible for food poisoning, toxicity or any other illness. These tests are really important to maintain proper animal hygiene and hence improve their productivity.
Get a comprehensive overview of the North America Feed Testing Market: http://www.marketdataforecast.com/market-reports/north-america-feed-testing-market-2290/
North America Feed Testing Market: Drivers & Restraints
Rise in the demand for sustainable and high quality animal nutrition products has led to a significant growth in the market lately. Other major factors responsible for driving the Feed Testing Market are compulsion of analysis of feed quality and safety, management of operating cost of feed productions, emerging customized services as time and cost effective solutions. The market has been facing few challenges and restraints as well. Some of them are lack of farmers’ awareness related to feed regulations, need for expert analysis for using advanced testing technologies for extensive preparation of sample. These factors have held down the market in its track.
Get accurate market forecast and analysis on the North America Feed Testing Market. Request a sample to stay up-to-date on the main trends affecting this market http://www.marketdataforecast.com/market-reports/north-america-feed-testing-market-2290/request-sample
North America Feed Testing Market: Overview
North America has its major share in the feed testing market followed by Europe. The strict regulations of the government have led North America to lead in feed testing market. The market share was dominated by the Pathogen testing segment. The segment cattle, accounted for the biggest share in the market on the basis of livestock due to increase in cattle meat production in recent years and is expected to grow even further.
The feed testing market has been growing significantly due to an increase in outbreaks of animal diseases caused due to the consumption of contaminated feed. Contamination of feed can occur due to improper handling of feed and feed ingredients, contaminated raw materials, inadequate treatment, and processing of feed that destroys the contaminants. World over, various regulations, laws, and standards have been implemented to assure safety of the manufactured feed.
North America Feed Testing Market: Region-wise Outlook
On the basis of geography, the North America market is analysed under various regions namely United States and Canada. U.S. accounted for larger share of the North America in Feed Testing Market in 2015, whereas Canada is estimated to grow at a higher CAGR during the forecast period 2015-2020.
North America Feed Testing Market: Key Players
Some of the major companies dominating the market, by their products and services include Adpen Laboratories Inc., Eurofins Scientific, Bureau Veritas SA, Institut Für Produktqualität Gmbh (IFP), Genon Laboratories Ltd., Intertek Group Plc, Romer Labs Inc., R J Hill Laboratories Ltd, Silliker Inc, SGS SA.
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The Feed Testing market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the increase in demand of inclusion of specific additives in feed, like proteins and therefore the need for feed testing. The bigger companies in agricultural sector have shown interest in the market in recent years.
Feed testing is used in tests for pathogens, pesticides, mycotoxin etc. in order to make sure of the absence of any contamination that might be responsible for food poisoning, toxicity or any other illness. These tests are really important to maintain proper animal hygiene and hence improve their productivity.
Get a comprehensive overview of the North America Feed Testing Market: http://www.marketdataforecast.com/market-reports/north-america-feed-testing-market-2290/
North America Feed Testing Market: Drivers & Restraints
Rise in the demand for sustainable and high quality animal nutrition products has led to a significant growth in the market lately. Other major factors responsible for driving the Feed Testing Market are compulsion of analysis of feed quality and safety, management of operating cost of feed productions, emerging customized services as time and cost effective solutions. The market has been facing few challenges and restraints as well. Some of them are lack of farmers’ awareness related to feed regulations, need for expert analysis for using advanced testing technologies for extensive preparation of sample. These factors have held down the market in its track.
Get accurate market forecast and analysis on the North America Feed Testing Market. Request a sample to stay up-to-date on the main trends affecting this market http://www.marketdataforecast.com/market-reports/north-america-feed-testing-market-2290/request-sample
North America Feed Testing Market: Overview
North America has its major share in the feed testing market followed by Europe. The strict regulations of the government have led North America to lead in feed testing market. The market share was dominated by the Pathogen testing segment. The segment cattle, accounted for the biggest share in the market on the basis of livestock due to increase in cattle meat production in recent years and is expected to grow even further.
The feed testing market has been growing significantly due to an increase in outbreaks of animal diseases caused due to the consumption of contaminated feed. Contamination of feed can occur due to improper handling of feed and feed ingredients, contaminated raw materials, inadequate treatment, and processing of feed that destroys the contaminants. World over, various regulations, laws, and standards have been implemented to assure safety of the manufactured feed.
North America Feed Testing Market: Region-wise Outlook
On the basis of geography, the North America market is analysed under various regions namely United States and Canada. U.S. accounted for larger share of the North America in Feed Testing Market in 2015, whereas Canada is estimated to grow at a higher CAGR during the forecast period 2015-2020.
North America Feed Testing Market: Key Players
Some of the major companies dominating the market, by their products and services include Adpen Laboratories Inc., Eurofins Scientific, Bureau Veritas SA, Institut Für Produktqualität Gmbh (IFP), Genon Laboratories Ltd., Intertek Group Plc, Romer Labs Inc., R J Hill Laboratories Ltd, Silliker Inc, SGS SA.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
More about Market Data Forecast
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
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Market Data Forecast
Abhishek Shukla
Tel: 9985550206
Email us
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Market Data Forecast
Abhishek Shukla
Tel: 9985550206
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results