Latin America Residue Testing Market Research Report
Latin America Residue Testing Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2024
(EMAILWIRE.COM, April 04, 2018 )
By Residue Type [Toxins (Mycotoxins, Others), Pesticide Residues (Insecticide, Herbicide, Fungicide, Others), Food Allergens, Veterinary Drugs, Heavy Metals, By Technology (Immunoassay, Spectroscopy, Chromatography, Others)], By Application (Dairy products, Fruits & Vegetables, Meat & Poultry, Cereals, Grains & Pulses, Processed Foods, Functional Food Ingredients, Nuts, Seed & Spice, Others) and Country (Brazil, Mexico, Argentina, Venezuela, Others) Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2024
Latin America Residue Testing Market Report Description:
Latin America Residue Testing Market report gives the comprehensive outlook on Latin America Residue Testing across the region with special emphasis on countries Brazil, Mexico, Argentina, Venezuela, Others. This report on Latin America Residue Testing market gives historical, current, and future market sizes (US$ Mn) of residue type, technology, application and countries. This report studies Latin America Residue Testing market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Latin America Residue Testing market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Opportunities).
A sample of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/latin-america-residue-testing-market/#ulp-4H8Z4LpNMLEuOnnx
Latin America Residue Testing Market:
Latin America Residue Testing Market was accounted for US $300 million in 2016, and expected expand at significant CAGR from 2017 to 2024.
Increased food productions, adoption of cutting-edge technologies are expected to create healthy growth opportunities for the market.
Increased agricultural production, improved regulations coupled with equipped with sophisticated food testing laboratories expected to enhance residue testing market. Regular toxin monitoring plans, increased production of pulses are expected to create demand for residue testing market.
Latin America region attracting market investments from the residue test kit manufacturers as it is one of the largest meat exporter in the world. Recent brazil meat import bans by various countries such as U.S., China, Chile, South Korea, and European Union might trigger establishment of new testing facilities in the region.
To view TOC of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/latin-america-residue-testing-market/#ulp-c654SbFYO64MsOhu
Toxins Residue Testing Market is expected to account for 24.1% regional revenue share in 2017, and projected to grow at 9.7 % CAGR over 2017 to 2024. Favorable environmental conditions to grow mycotoxins, increased production of cereals, rising milk and meat production expected to enhance the market.
Chromatography technology segment expected to account around xx% revenue share in Latin America residue testing market and projected to grow at 6.0% CAGR over 2017 to 2024. The market for spectroscopy technology projected to reach US$ 156.0 Mn by 2024.
Mass spectroscopy technology segment expected to attract huge demand due to high accuracy in detection of multi residue elements in food. Mass spectrometry is projected to expand at 11.0% CAGR over forecast period.
Dairy Residue Testing Market is projected to offer enormous opportunities over the forecast period in Latin America residue testing market due to surge in the milk production, increased antibiotics, and hormones. Increased mycotoxin levels in dairy products, surge in pesticides, heavy metal contamination expected to enhance the revenue share in future.
Brazil is expected to accounts for major revenue share in 2017.
Brazil market projected to reach US$ 206.1 Mn by 2023 and expected to grow at 8.3 % CAGR over 2017 to 2024 and is expected to gain significant traction over the forecast period due to increased various meat scandals, recent restrictions by various nations on Brazilian meat.
Mexico Residue Testing Market projected to grow at a significant CAGR from 2017 to 2024. Strengthened government regulations, emerging technologies, rise in the food production, expected to enhance the market.
Competition Assessment
Key players profiles in the Latin America Residue Testing market includes SGS SA, Intertek Group plc., Eurofins Scientific, Bureau veritas S.A., ALS Limited, Neogen Corporation, Idexx Laboratories, AsureQuality, Charm Sciences, Inc., Microbac Laboratories, Inc., Unisensor.
Need more information about this report @https://www.precisionbusinessinsights.com/market-reports/latin-america-residue-testing-market/#ulp-14mlyhjMGhVjZqa3
Key Findings of the Report:
Latin America Residue Testing market is expanding approximately 8.0% CAGR over 2017 to 2024.
Brazil & Mexico expected to dominate the revenue share of residue testing market over forecast period.
Based on Application, meat and poultry, cereals, fruits and vegetables, is expected to expand at significant CAGR from 2017 to 2024.
Based on Residue Type, toxins segment is expected to create lucrative opportunities for residues testing market over the forecast period.
Key Features of the Report:
The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2024)
The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
The report tracks recent innovations, key developments and startups details that are actively working in the market
The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market
Detailed Segmentation
By Residue Type
Toxins
o Mycotoxin
o Others
Pesticide Residues
o Insecticide
o Herbicide
o Fungicide
o Others
Food Allergens
Veterinary Drugs
Heavy Metal
By Technology
Immunoassay
Spectroscopy
Chromatography (LC, GC, HPLC)
Others
By Application
Dairy Products
Fruits & vegetables
Meat & poultry
Cereals, grains & pulses
Processed foods
Functional Food Ingredients
Nuts, Seeds & Spices
By Country
Brazil
Mexico
Argentina
Venezuela
Rest of Latin America
Get access to full summary @https://www.precisionbusinessinsights.com/market-reports/latin-america-residue-testing-market/
About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
Precision Business Insights mission is to provide high-quality market research reports and generate key insights to our clients. PBIs approachable strategies are to help clients to make key decisions for business growth.
Precision Business Insights vision is to become most valued partner to fortune 500 companies by providing agile, accurate, and actionable market insights
Contact to Precision Business Insights,
Kemp House,
152 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
Toll Free (US): +1-866-598-1553
Website @https://www.precisionbusinessinsights.com
By Residue Type [Toxins (Mycotoxins, Others), Pesticide Residues (Insecticide, Herbicide, Fungicide, Others), Food Allergens, Veterinary Drugs, Heavy Metals, By Technology (Immunoassay, Spectroscopy, Chromatography, Others)], By Application (Dairy products, Fruits & Vegetables, Meat & Poultry, Cereals, Grains & Pulses, Processed Foods, Functional Food Ingredients, Nuts, Seed & Spice, Others) and Country (Brazil, Mexico, Argentina, Venezuela, Others) Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2024
Latin America Residue Testing Market Report Description:
Latin America Residue Testing Market report gives the comprehensive outlook on Latin America Residue Testing across the region with special emphasis on countries Brazil, Mexico, Argentina, Venezuela, Others. This report on Latin America Residue Testing market gives historical, current, and future market sizes (US$ Mn) of residue type, technology, application and countries. This report studies Latin America Residue Testing market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Latin America Residue Testing market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Opportunities).
A sample of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/latin-america-residue-testing-market/#ulp-4H8Z4LpNMLEuOnnx
Latin America Residue Testing Market:
Latin America Residue Testing Market was accounted for US $300 million in 2016, and expected expand at significant CAGR from 2017 to 2024.
Increased food productions, adoption of cutting-edge technologies are expected to create healthy growth opportunities for the market.
Increased agricultural production, improved regulations coupled with equipped with sophisticated food testing laboratories expected to enhance residue testing market. Regular toxin monitoring plans, increased production of pulses are expected to create demand for residue testing market.
Latin America region attracting market investments from the residue test kit manufacturers as it is one of the largest meat exporter in the world. Recent brazil meat import bans by various countries such as U.S., China, Chile, South Korea, and European Union might trigger establishment of new testing facilities in the region.
To view TOC of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/latin-america-residue-testing-market/#ulp-c654SbFYO64MsOhu
Toxins Residue Testing Market is expected to account for 24.1% regional revenue share in 2017, and projected to grow at 9.7 % CAGR over 2017 to 2024. Favorable environmental conditions to grow mycotoxins, increased production of cereals, rising milk and meat production expected to enhance the market.
Chromatography technology segment expected to account around xx% revenue share in Latin America residue testing market and projected to grow at 6.0% CAGR over 2017 to 2024. The market for spectroscopy technology projected to reach US$ 156.0 Mn by 2024.
Mass spectroscopy technology segment expected to attract huge demand due to high accuracy in detection of multi residue elements in food. Mass spectrometry is projected to expand at 11.0% CAGR over forecast period.
Dairy Residue Testing Market is projected to offer enormous opportunities over the forecast period in Latin America residue testing market due to surge in the milk production, increased antibiotics, and hormones. Increased mycotoxin levels in dairy products, surge in pesticides, heavy metal contamination expected to enhance the revenue share in future.
Brazil is expected to accounts for major revenue share in 2017.
Brazil market projected to reach US$ 206.1 Mn by 2023 and expected to grow at 8.3 % CAGR over 2017 to 2024 and is expected to gain significant traction over the forecast period due to increased various meat scandals, recent restrictions by various nations on Brazilian meat.
Mexico Residue Testing Market projected to grow at a significant CAGR from 2017 to 2024. Strengthened government regulations, emerging technologies, rise in the food production, expected to enhance the market.
Competition Assessment
Key players profiles in the Latin America Residue Testing market includes SGS SA, Intertek Group plc., Eurofins Scientific, Bureau veritas S.A., ALS Limited, Neogen Corporation, Idexx Laboratories, AsureQuality, Charm Sciences, Inc., Microbac Laboratories, Inc., Unisensor.
Need more information about this report @https://www.precisionbusinessinsights.com/market-reports/latin-america-residue-testing-market/#ulp-14mlyhjMGhVjZqa3
Key Findings of the Report:
Latin America Residue Testing market is expanding approximately 8.0% CAGR over 2017 to 2024.
Brazil & Mexico expected to dominate the revenue share of residue testing market over forecast period.
Based on Application, meat and poultry, cereals, fruits and vegetables, is expected to expand at significant CAGR from 2017 to 2024.
Based on Residue Type, toxins segment is expected to create lucrative opportunities for residues testing market over the forecast period.
Key Features of the Report:
The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2024)
The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
The report tracks recent innovations, key developments and startups details that are actively working in the market
The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market
Detailed Segmentation
By Residue Type
Toxins
o Mycotoxin
o Others
Pesticide Residues
o Insecticide
o Herbicide
o Fungicide
o Others
Food Allergens
Veterinary Drugs
Heavy Metal
By Technology
Immunoassay
Spectroscopy
Chromatography (LC, GC, HPLC)
Others
By Application
Dairy Products
Fruits & vegetables
Meat & poultry
Cereals, grains & pulses
Processed foods
Functional Food Ingredients
Nuts, Seeds & Spices
By Country
Brazil
Mexico
Argentina
Venezuela
Rest of Latin America
Get access to full summary @https://www.precisionbusinessinsights.com/market-reports/latin-america-residue-testing-market/
About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
Precision Business Insights mission is to provide high-quality market research reports and generate key insights to our clients. PBIs approachable strategies are to help clients to make key decisions for business growth.
Precision Business Insights vision is to become most valued partner to fortune 500 companies by providing agile, accurate, and actionable market insights
Contact to Precision Business Insights,
Kemp House,
152 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
Toll Free (US): +1-866-598-1553
Website @https://www.precisionbusinessinsights.com
Contact Information:
Precision Business Insights
Satya Satya
Tel: +1-866-598-1553
Email us
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Precision Business Insights
Satya Satya
Tel: +1-866-598-1553
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results