Market Size of Feed Testing Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.54 Billion |
| Market Size (2029) | USD 4.04 Billion |
| CAGR (2024 - 2029) | 9.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Feed Testing Market Analysis
The Feed Testing Market size is estimated at USD 2.54 billion in 2024, and is expected to reach USD 4.04 billion by 2029, growing at a CAGR of 9.80% during the forecast period (2024-2029).
- Owing to the rising awareness about meat safety across the world, the global feed testing market has witnessed high demand. The regulatory bodies have been implementing several feed testing regulations to manufacture safe feed of high quality, using good manufacturing practices (GMP), good agriculture practices (GAP), and hazard analysis critical control point (HACCP) systems.
- The majorly used feed substances, like cereals, are prone to fungal growth, owing to high moisture levels. Thus, the mycotoxin testing segment holds the major share in the feed testing market. Mold, yeast, vomitoxin counts, mold identification, and enterobacteria counts are gaining popularity in the feed testing market. Owing to the strict government regulations, North America has the major share in the market, followed by Europe.
Feed Testing Industry Segmentation
The global feed testing market is segmented by type into pathogen testing, crop chemicals analysis, nutritional labeling analysis, fats and oils analysis, mycotoxin testing, and other types. By feed type, the market is segmented into ruminant feed, poultry feed, swine feed, aquaculture feed, and pet food. The market is segmented by geography to include the key trends in major regional markets across North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
| By Type | |
| Pathogen Testing | |
| Pesticide Residue Analysis | |
| Nutritional Labeling Analysis | |
| Fats and Oils Analysis | |
| Mycotoxin Testing | |
| Other Types |
| By Feed Type | |
| Ruminant Feed | |
| Poultry Feed | |
| Swine Feed | |
| Aquaculture Feed | |
| Pet Food |
| By Geography | |||||||||
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Feed Testing Market Size Summary
The feed testing market is experiencing significant growth, driven by increasing global awareness of meat safety and stringent regulatory requirements. These regulations mandate the use of good manufacturing practices, good agriculture practices, and hazard analysis critical control point systems to ensure the production of high-quality, safe feed. The market is particularly focused on mycotoxin testing due to the susceptibility of feed substances like cereals to fungal growth. This segment, along with mold, yeast, and enterobacteria counts, is gaining traction as part of the broader feed testing landscape. North America leads the market, supported by rigorous government regulations and a robust feed production industry. The Food Safety Modernization Act in the United States, for instance, requires pathogen detection in pet food, highlighting the importance of feed testing in ensuring food safety.
In addition to regulatory compliance, the feed testing market is witnessing advancements in testing technologies, such as the GeneDisc® System and molecular flow-based technologies, which offer rapid and accurate pathogen detection. These innovations are crucial for manufacturers seeking cost-effective solutions with minimal sample preparation. Despite the high costs associated with some advanced testing methods, companies are developing tools to make these technologies more accessible to smaller processors. The market is characterized by consolidation, with major players like SGS SA, Intertek Group PLC, and Eurofins Scientific dominating the landscape. These companies are actively expanding their service offerings to adapt to evolving regulations, ensuring they maintain a competitive edge in the global feed testing market.
Feed Testing Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Pathogen Testing
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2.1.2 Pesticide Residue Analysis
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2.1.3 Nutritional Labeling Analysis
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2.1.4 Fats and Oils Analysis
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2.1.5 Mycotoxin Testing
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2.1.6 Other Types
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2.2 By Feed Type
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2.2.1 Ruminant Feed
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2.2.2 Poultry Feed
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2.2.3 Swine Feed
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2.2.4 Aquaculture Feed
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2.2.5 Pet Food
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2.3 By Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Spain
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2.3.2.5 Russia
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2.3.2.6 Italy
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 India
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2.3.3.3 Japan
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East & Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle East & Africa
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Feed Testing Market Size FAQs
How big is the Feed Testing Market?
The Feed Testing Market size is expected to reach USD 2.54 billion in 2024 and grow at a CAGR of 9.80% to reach USD 4.04 billion by 2029.
What is the current Feed Testing Market size?
In 2024, the Feed Testing Market size is expected to reach USD 2.54 billion.
