The Residue Testing Global Market Report 2023, provides comprehensive information on the residue testing market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Residue Testing Global Market Report 2023, the global residue testing market is expected to grow from $4.48 billion in 2022 to $4.78 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The residue testing market is expected to grow to $6.15 billion in 2027 at a CAGR of 6.5%.
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Top 5 Major Key Players Are:
Eurofins Scientific SE
Bureau Veritas S.A.
SGS S.A, Intertek Group plc.
Symbio Laboratories
ALS Limited
The residue testing market is segmented:
1) By Type: Chromatography, Spectroscopy, Immunoassay, Other Types
2) By Product Type: Pesticide Residues, Toxins, Heavy Metals, Food Allergens, Other Types
3) By Application: Meat and Poultry, Dairy Products, Processed Foods, Fruits and Vegetables, Cereals, Grains and Pulses, Nuts, Seed and Spice, Other Applications
North America was the largest region in the residue testing market in 2022.
The table of contents in TBRC’s residue testing market report includes:
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List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Residue Testing Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Residue Testing Market, Segmentation By Product Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Residue Testing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 46: Eurofins Scientific SE Financial Performance
Table 47: Bureau Veritas S.A. Financial Performance
Table 48: SGS S.A Financial Performance
Table 49: Intertek Group plc. Financial Performance
Table 50: Symbio Laboratories Financial Performance
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