Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Agricultural Testing Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 6.64% during the review period (2022 to 2027).
Lack of coordination between market stakeholders and supporting infrastructure in developing economies, and improper enforcement of regulatory laws are few challenging factors. Several factors such as lack of equipment and institutional coordination, technical skills, and expertise for the implementation of legislation at grass root levels, and in certain countries, the lack of updated standards, inhibit the market growth for agricultural testing. Furthermore, the lack of basic supporting infrastructure in setting up testing laboratories are also restraining the growth of the testing market, especially in developing countries.
Countries such as India, China, and Southeast Asian countries are receiving government assistance for finance and developing technologies. The concerned regulatory bodies of these developing countries should utilize their resources for the development of infrastructure and should focus on technological advancements.
Industry News:
Polygon Agro India Pvt. Ltd is a totally farmers need based service providing company ,we have well equipped with soil testing laboratory managed by the highly qualified and experienced professionals along with the report based fertilizer recommendations for the particular soil samples and crop monitoring services by our agricultural experts and field officers to the farmers at field level for their satisfaction and to achieve better and quality yields by minimizing the production cost per acre.
By Type, it is segmented into
North America accounted for the largest market share in the agricultural testing market. The dominant share of the region is attributed to the stringency in food safety, environmental and agricultural regulations, and laws pertaining to the nutritional content, chemicals, and labeling. The presence of numerous agriculture testing service providers in the region is contributing towards the growth of the agriculture testing service market.
Asia Pacific Excluding Japan is projected to witness high growth in the field of agricultural testing services owing to rising consumption of healthy and nutritious food which requires testing of crops at the right stage. In Middle East & Africa, the growth rate of the agricultural testing services is moderate owing to an increase in investments by the government in the field of agriculture.
All these factors greatly affect the Agricultural Testing Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Agricultural Testing Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Agricultural Testing Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
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Report Details |
Forecast Period 2022 to 2028 CAGR |
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By Type |
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By Applications |
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By Companies
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| STRC, Lilaba Analytical Laboratories, Eurofins, Tirupati Industries, Polygon Agro India Pvt. Ltd, Dimension India, Harvesto, Intertek, SGS |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
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2022 to 2027 |
Number of Pages |
| 111 |
Customization Available
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| Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Agricultural Testing Market is studied from 2017 - 2027.
What is the growth rate of Agricultural Testing Market?
The Agricultural Testing Market is growing at a CAGR of 6.64% over the next 5 years.
Who are the key players in Agricultural Testing Market?
STRC, Lilaba Analytical Laboratories, Eurofins, Tirupati Industries, Polygon Agro India Pvt. Ltd, Dimension India, Harvesto, Intertek, SGS
What region does this Agricultural Testing Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Agricultural Testing Market?
What are the major Applications of Agricultural Testing Market?
Safety Testing, Toxins, Pathogens, Heavy Metals, Pesticides, Others, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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