Saudi Arabia Grain Analysis Market : Opportunities, Size and Growth Projections in Upcoming Years
Saudi Arabia grain analysis market is expected to grow at a robust CAGR over the next five years, owing to rapid globalization in the grain trade. Besides, the growing government regulations for food safety and quality coupled with technological advancements in testing procedures are anticipated to propel the growth of the market during the forecast period. Additionally, an increase in the outbreak of foodborne illnesses and stringent safety and quality regulation for food & feed introduced by the government is positively influencing Saudi Arabia’s grain analysis market during the forecast period. Large-scale trade and production of grains have led to an increased need for the testing of pathogens, mycotoxins, GMOs, allergens, heavy metals, and contaminants, which is expected to support market growth in the coming years.
The rising use of ingredients in new food products and increased efforts by the government to ensure optimum nutrition are also positively influencing market growth. The rise in the adoption of a healthy diet influenced by the COVID-19 pandemic and rising concerns with GM content in food products leading to an increase in outbreaks of foodborne illnesses are some of the factors boosting the growth of Saudi Arabia’s grain analysis market. Technological advancements in grain analyzing devices to ensure accurate results and check the wide range of contaminants are also some of the factors contributing to the growth of Saudi Arabia’s grain analysis market during the forecast period. Moreover, favorable socio-economic factors such as a growing population, high personal disposable income, and a rise in the standard of living are supporting the growth of Saudi Arabia’s grain analysis market.
Saudi Arabia’s grain analysis market is segmented into grain type, technology, end-use, component, company, and geography. Based on technology, the market is divided into traditional technology and rapid technology. The rapid technology segment is anticipated to grow at the highest CAGR in the forecast period due to high precision, sensitivity, and the ability to test a wider range of contaminants compared to traditional methods. Based on the component, the Instruments segment is projected to lead the market in the forecast period due to technological advancements in testing methods.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Testing Services & Products Providers in Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the Grain Analysis manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the retailers, distribution channels, and presence of all major Testing Services & Products Providers in Saudi Arabia.
TechSci Research calculated the market size of the Saudi Arabia’s Grain Analysis Market using a bottom-up approach, where data for various product types were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives. It is externally validated by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as the company website, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Testing Services & Products Providers, distributors, partners, end users, etc., besides allowing them to strategize investments and capitalize on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022E |
Forecast Period | 2023F – 2027F |
Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Grain Type · Target Tested · Technology · End Use · Component |
Region Scope | Western Region, Central Region, Southern Region, Eastern Region, Northern Region |
Key Companies Profiled | Bureau Veritas SA, Eurofins Scientific, ALS Limited, Intertek Group PLC, SGS SA, Thermo Fisher Scientific, Inc., Neogen Corporation, Romer Labs Division Holding GmbH, AB Sciex, Waters Corporation. |
Customization Scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
In this report, the Saudi Arabia grain analysis market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Grain Analysis Market segment.
Available Customizations:
With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
Profit Margin Analysis
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