Vietnam Pesticide Residue Testing Market Set to Surpass Billions by 2017-2027 – TechSci Research

Vietnam Pesticide Residue Testing Market is projected to post stable growth by 2027, owing to the growing preference for organic foods among consumers. Increasing health consciousness coupled with the rising awareness of the harmful effects of chemicals on human as well as animal health will ensure robust growth of the Pesticide residue testing market by 2027. Additionally, stringent government regulations to ensure food safety and quality are expected to drive the growth of the market during the forecast period.

The government has strict regulations over the levels of chemicals that should be used to curb the harmful effects of biomagnification on the environment as well as on human health. Further, technological advancements in testing procedures will propel the growth of the market in the forecast period. Testing methods such as liquid chromatography combined with mass spectrometry are gaining popularity as it is highly sensitive.

Based on the technology, the Vietnam Pesticide Residue Testing Market is dominated by the HPLC segment which is also expected to maintain its position during the forecast period owing to the convenience factor associated with chromatography and the ease of use. Based on the type, the herbicide segment holds the largest market share and is projected to lead the market by 2027 due to increasing adoption by farmers to protect crops from weeds and other plants.

Some of the leading players in the Vietnam Pesticide Residue Testing Market

1. Eurofins Scientific Se
2. Bureau Veritas S.A.
3. SGS S.A.
4. Intertek Group PLC
5. Silliker, Inc.
6. ALS Limited
7. Asurequality Ltd
8. SCS Vietnam Services
9. Microbac Laboratories Inc
10. Symbio Laboratories, etc.

The objective of the Study:

• To analyze and forecast the market size of Vietnam Pesticide Residue Testing Market, in terms of value.
• To classify and forecast Vietnam Pesticide Residue Testing Market based on type, technology, class, food tested, and regional distribution.
• To identify drivers and challenges for Vietnam Pesticide Residue Testing Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Pesticide Residue Testing Market.
• To conduct the pricing analysis for Vietnam Pesticide Residue Testing Market.
• To identify and analyze the profile of leading Testing kit providers in the Vietnam Pesticide Residue Testing Market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Testing kit providers in Vietnam. 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 Pesticide Residue Testing Market testing kit providers 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 kit providers in Vietnam.

TechSci Research calculated the market size of the Vietnam Pesticide Residue Testing 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 and 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.

Key Target Audience:

• Pesticide Residue Testing Providers
• Dealers and Suppliers
• Regulatory organizations.
• Food processing industries.
• Raw material suppliers and distributors.
• Research organizations and consulting companies.
• Biotechnology Companies.
• Market research and consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Testing kit providers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Vietnam Pesticide Residue Testing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Market, By Type:

• 1. Herbicides
  2. Insecticides
  3. Fungicides
  4. Others

1.     Acaricides
2.     Nematicides

                                       iii.    Rodenticides

1.     Disinfectants

• Market, By Technology:

• 1. Single Residue Method
  2. Multiple Residue Method
  3. LC-MS/GC-MS
  4. High-Performance Liquid Chromatography (HPLC)
  5. Gas Chromatography
  6. Others
• Market, By Class:
  1. Organochlorines
  2. Organophosphates
  3. Organonitrogens & Carbamates
  4. Others
• Market, By Food Tested:
  1. Meat & Poultry
  2. Dairy Products
  3. Processed Food
  4. Fruits & Vegetables
  5. Cereals, Grains & Pulses
  6. Others
• Market, By Region:
  1. North Vietnam
  2. South Vietnam
  3. Central Vietnam

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Pesticide Residue Testing Market segment.