The Animal Feed Testing Service by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Animal Feed Testing Service , The animal feed testing service market size has grown rapidly in recent years. It will grow from $1.13 billion in 2023 to $1.24 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to scientific research and development, globalization of feed trade, quality assurance demands, focus on nutritional value, industry consolidation and expansion.
The animal feed testing service market size is expected to see strong growth in the next few years. It will grow to $1.81 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to globalization and trade expansion, rising demand for safe food, regulatory compliance and stringency, nutritional analysis and labeling requirements, focus on animal welfare.. Major trends in the forecast period include increased regulatory compliance, demand for nutritional analysis, quality assurance & traceability, growing awareness of food safety, expansion in livestock production.
The rising number of food-borne illnesses is expected to propel the growth of the animal feed testing services. Foodborne illnesses are diseases caused by eating or drinking infected foods or drinks. The majority of foodborne illnesses are infections caused by bacteria, viruses and parasites. The threats presented by these pathogens and spoilage microorganisms make animal feed testing essential for ensuring food safety, since contaminants can quickly travel through the supply chain and cause livestock herd damage, product recalls, or public health concerns. Additionally, the rising occurrence of livestock illnesses has boosted demand for animal feed testing services. for instance, in May 2022, according to World Health Organization a Switzerland-based agency responsible for international public health, an estimated 600 million people worldwide gets ill after eating contaminated food and 420 000 die each year, resulting in the loss of 33 million healthy life years and US$ 110 billion in productivity and medical expenditures due to hazardous food in low- and middle-income nations. Furthermore, children under the age of five account for 40% of the foodborne illness burden, with 125 000 fatalities per year.
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The animal feed testing service market covered in this report is segmented –
1) By Testing Type: Pathogen Testing, Fats And Oils Analysis, Feed Ingredient Analysis, Metal And Mineral Analysis, Pesticides And Fertilizers Analysis, Drugs And Antibiotics Analysis, Mycotoxin Testing, Nutritional Labeling, Proximate Analysis, Other Testing Types
2) By Feed Type: Pet Feed, Equine Feeds
3) By Equipment Type: Bomb Calorimeter, Atomic Absorption Spectroscope (AAS), Gas Chromatograph-Flame Ionization Detector (GC-FID), Gas Chromatograph-Mass Spectrometer (GC-MS), High Performance Liquid Chromatography (HPLC), Other Equuipment Types
4) By End-Users: Manufacturers, Third Party Testers, Growers Or Non-Profits
Product innovations are a key trend gaining popularity in the animal feed testing services market. Major companies operating in the animal feed testing services market are focused on developing innovative solutions to strengthen their position in the market. For instance, in October 2021, Sciantec Analytical Services Ltd. (a subsidiary of Cawood Scientific Ltd.), a UK-based company that deals with the analytical testing of animal nutrition materials, launched innovative shelf-life analysis services. The tests assist animal feed and commodity producers in the aquaculture, equestrian, agricultural, zoo, pet and specialty animal feed sectors in adhering to applicable industry norms and meeting animal welfare requirements. The unique feature of this test service is the safety and quality of all types of feeds and raw materials, as well as the deterioration of their quality over time, including tracking the development of hazardous bacteria under defined settings.
The animal feed testing service market report table of contents includes:
1. Executive Summary
2. Animal Feed Testing Service Market Characteristics
3. Animal Feed Testing Service Market Trends And Strategies
4. Animal Feed Testing Service Market – Macro Economic Scenario
5. Global Animal Feed Testing Service Market Size and Growth
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26. South America Animal Feed Testing Service Market
27. Brazil Animal Feed Testing Service Market
28. Middle East Animal Feed Testing Service Market
29. Africa Animal Feed Testing Service Market
30. Animal Feed Testing Service Market Competitive Landscape And Company Profiles
Top Major Players:
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