Healthcare / Antibiotic Residue Test Kits Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Bioo Scientific, Thermo Fischer Scientific, Eurofins Scientific, Labtek Services Ltd.
Antibiotic Residue Test Kits Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Bioo Scientific, Thermo Fischer Scientific, Eurofins Scientific, Labtek Services Ltd.
The Antibiotic Residue Test Kits market is estimated to grow at a CAGR of 14.82% over the forecast period, from USD 456.90 million in 2021 to USD 1,018.27 million by 2027.
Antibiotic Residue Test Kits Market Overview
The antibiotic residue test kits market is being driven by rising awareness of the benefits and importance of antibiotic residual test kits in food and drinks. Antibiotic residues in food of animal origin are often and widely detected using simple diagnostic tests. The accuracy of these tests in unprocessed meat or inspecting raw milk at the arrival phase has increased as antibiotics residue diagnostics have improved. As a result, antibiotic residue test kits will gain significant traction in terms of acceptance in the next years, thanks to notable advances aimed at improving diagnostic efficacy.
Rising demand from the dairy and food & beverage industries is a critical factor driving market growth, as is increased health consciousness and awareness of the health benefits of antibiotic residue test kits. Increasing advancements in antibiotic residue diagnostics have extended their use of test kits to detect the presence of such residue in food originating from animals, which in turn increases demand for the product. Furthermore, growing quick developments in kits, rising technological advancements and modernization in production procedures, rising research and development activities in the healthcare sector, and rising emerging markets will provide new chances for the antibiotic residue test kits market during the estimated period of 2022-2027.
Antibiotic Residue Test Kits Market Growth Drivers
Anti-infection concepts are being implemented, as well as a greater focus on limiting the proliferation of germs in food and beverages.
The availability of a diverse variety of antibiotic residue test kits for the dairy industry is helping to boost sales.
The demand for advanced antibiotic residue test kits will be boosted by the integration of antibiotic residue test kits at the veterinary level.
Industry News and Updates
1 June 2021:DSM sets new standard in antibiotic residue detection with fully automated testing--
Royal DSM, a global science-based company active in Nutrition, Health and Sustainable Living, today unveils the launch of Delvotest Accelerator Smart – a fully automated system designed to be used in combination with DSM’s internationally validated Delvotest plates to optimize antibiotic residue detection in milk. Delvotest Accelerator Smart is the ideal tool to help milk control laboratories and dairies reduce costs, bolster accuracy and achieve faster, more reliable results, while also preventing milk loss and ensuring complete traceability.
What are the major Applications, Types and Regions for Antibiotic Residue Test Kits Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Nitrofurantoin (AHD) Rapid Test Kit
Furaltadone (AMOZ) Rapid Test Kit
Furazolidone (AOZ) Rapid Test Kit
Nitrofurazone (SEM) Rapid Test Kit
By Application, it is segmented into
Research
Food Testing Agency
Other
Antibiotic Residue Test Kits Market Regional Analysis
North America dominates the antibiotic residue test kits market due to the increasing presence of a large customer base in the United States, as well as an increase in veterinarian due to the increasing number of pets and technologically advanced products in this area. Due to the developing huge consumer base, growing food and beverage sector, and highly established healthcare and biotechnology industry infrastructure in this region, Europe is the second largest region in terms of growth in the antibiotic residue test kits market.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Antibiotic Residue Test Kits 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 Antibiotic Residue Test Kits Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Antibiotic Residue Test Kits Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 14.82% over the forecast period (2022-2027)
What are the significant types of Antibiotic Residue Test Kits Market?
Nitrofurantoin (AHD) Rapid Test Kit, Furaltadone (AMOZ) Rapid Test Kit, Furazolidone (AOZ) Rapid Test Kit, Nitrofurazone (SEM) Rapid Test Kit
What are the major end-use applications of Antibiotic Residue Test Kits Market?
Research, Food Testing Agency, Other
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INTRODUCTION
MARKET DEFINATION
MARKET DYNAMICS
MARKET SEGMENTATION
REPORT TIMLINES
KEY STAKEHOLDERS
RESEARCH METHODOLOGY
DATA MINING
SECONDARY RESEARCH
PRIMARY RESEARCH
SUBJECT MATTER EXPERT ADVICE
QUALITY CHECK
FINAL REVIEW
DATA TRIANGULATION
BOTTOM-UP APPROACH
TOP-DOWN APPROACH
RESEARCH FLOW
EXECUTIVE SUMMARY
INTRODUCTION
GLOBAL ANTIBIOTIC RESIDUE TEST KITS MARKET BY TYPE
GLOBAL ANTIBIOTIC RESIDUE TEST KITS MARKET BY APPLICATION
MARKET DYNAMICS
DRIVERS
INCREASING DEMAND FOR ANTIBIOTIC RESIDUE TEST KITS
RESTRAINTS
STRINGENT ENVIRONMENTAL REGUALTIONS
HIGH COST ON MATERIALS
OPPORTUNITIES
ANTIBIOTIC RESIDUE TEST KITS GROWTH
APPLICATION OF ANTIBIOTIC RESIDUE TEST KITS
IMPACT OF COVID 19
GLOBALANTIBIOTIC RESIDUE TEST KITSMARKET, BY TYPE
INTRODUCTION
NITROFURANTOIN (AHD) RAPID TEST KIT
FURALTADONE (AMOZ) RAPID TEST KIT
FURAZOLIDONE (AOZ) RAPID TEST KIT
NITROFURAZONE (SEM) RAPID TEST KIT
GLOBAL ANTIBIOTIC RESIDUE TEST KITS MARKET, BY APPLICATION
INTRODUCTION
RESEARCH
FOOD TESTING AGENCY
OTHER
GLOBAL ANTIBIOTIC RESIDUE TEST KITSMARKET, BY REGION
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.