The Pesticide Residue Testing Global Market Report 2023, provides comprehensive information on the pesticide 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 Pesticide Residue Testing Global Market Report 2023, the global pesticide residue testing market size is expected to grow from $1.62 billion in 2022 to $1.74 billion in 2023 at a compound annual growth rate (CAGR) of 6.94%. 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 global pesticide residue testing market size is expected to reach $2.30 billion in 2027 at a CAGR of 7.23%.
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Technological advancements are a key trend in the pesticide residue testing market. Major companies in the pesticide residue testing market are introducing new and innovative technologies to strengthen their position in the pesticide residue testing market. For instance, in October 2020, PerkinElmer Inc., a US-based company that focuses on diagnostics, life science research, food, environmental, and industrial testing, launched the industry’s first fully automated workflow for pesticide residue testing that is focused on cannabis and hemp flower. The workflow incorporates integrated barcoding and scanning as well as robotic technologies to perform sample vortexing, centrifuging, filtration, and dilution.
The pesticide residue testing market is segmented:
1) By Type: Herbicides, Fungicides, Insecticides, Other Types
2) By Technology: LC-MS Or GC-MS, HPCL, Gas Chromatography, Other Technologies
3) By Food Tested: Meat And Poultry, Dairy Products, Processed Foods, Fruits And Vegetables, Cereals, Grains And Pulses, Other Foods Tested
4) By Class: Organ chlorines, Organophosphates, Organonitrogens, Carbamates, Other Classes
Europe was the largest region in the pesticide residue testing market in 2022.
The table of contents in TBRC’s pesticide residue testing market report includes:
1. Executive Summary
2. Pesticide Residue Testing Market Characteristics
3. Pesticide Residue Testing Market Trends And Strategies
4. Pesticide Residue Testing Market – Macro Economic Scenario
5. Pesticide Residue Testing Market Size And Growth
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26. Africa Pesticide Residue Testing Market
27. Pesticide Residue Testing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pesticide Residue Testing Market
29. Pesticide Residue Testing Market Future Outlook and Potential Analysis
30. Appendix
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