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, at a CAGR of 9.80% during the forecast period (2024-2029).
The global feed testing market has experienced increased demand due to growing awareness about meat safety worldwide. Regulatory bodies have implemented various feed testing regulations to ensure the production of safe, high-quality feed. In 2023, the United States proposed the Innovative Feed Enhancement and Economic Development Act (Innovative FEED Act) to improve animal feed safety and quality while fostering innovation in animal nutrition.
Nutritional analysis, which determines protein, vitamin, and mineral content in animal feed, has become the dominant segment in the feed testing market. The 2023 Alltech Agri-Food Outlook reports that the top 10 feed-producing countries generate approximately 64% of global feed production. Other nations rely on imports to fulfill their feed requirements, which are subject to various national regulatory standards. This regulatory environment has substantially increased the demand for feed testing equipment to ensure compliance and maintain quality standards. Nutritional analysis enables manufacturers to optimize feed formulations and meet the specific dietary needs of different animal species.
Major players in the feed testing market include Eurofins Scientific, SGS SA, and Intertek Group PLC. These companies focus on expanding their capabilities, improving efficiency, and controlling costs to meet the growing demand for feed safety and quality assurance. For example, in October 2023, SGS opened an ISO/IEC 17025 accredited microbiological testing laboratory in Centurion, South Africa, offering testing services for animal feed and other products.
The development of advanced testing technologies, such as near-infrared spectroscopy (NIRS), enables more accurate, rapid, and cost-effective testing, which is anticipated to drive market growth. Additionally, the increasing global population and rising demand for animal protein are expanding the feed industry, consequently driving demand for feed testing services.
Feed Testing Industry Segmentation
Feed testing involves assessing the quality of animal feed to ensure it is safe for consumption. This process checks for contaminants such as fungi, bacteria, and viruses, as well as the presence of harmful hormones and chemicals. 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. The report offers the market size and forecasts in terms of value in USD million for all the above segments.
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 | |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
|
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
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.2.1 Technological Advancements and Innovations
-
1.2.2 Rising Incidences of Livestock Diseases
-
1.2.3 Growing Focus on Feed Safety and Animal Health
-
-
1.3 Market Restraints
-
1.3.1 Inadequate Infrastructure and Technologies in Developing Regions
-
1.3.2 High Cost of Advanced Testing Methods
-
-
1.4 Porter's Five Forces Analysis
-
1.4.1 Bargaining Power of Suppliers
-
1.4.2 Bargaining Power of Buyers
-
1.4.3 Threat of New Entrants
-
1.4.4 Threat of Substitute Products
-
1.4.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 By Type
-
2.1.1 Pathogen Testing
-
2.1.2 Pesticide Residue Analysis
-
2.1.3 Nutritional Labeling Analysis
-
2.1.4 Fats and Oils Analysis
-
2.1.5 Mycotoxin Testing
-
2.1.6 Other Types
-
-
2.2 By Feed Type
-
2.2.1 Ruminant Feed
-
2.2.2 Poultry Feed
-
2.2.3 Swine Feed
-
2.2.4 Aquaculture Feed
-
2.2.5 Pet Food
-
-
2.3 By Geography
-
2.3.1 North America
-
2.3.1.1 United States
-
2.3.1.2 Canada
-
2.3.1.3 Mexico
-
2.3.1.4 Rest of North America
-
-
2.3.2 Europe
-
2.3.2.1 Germany
-
2.3.2.2 United Kingdom
-
2.3.2.3 France
-
2.3.2.4 Spain
-
2.3.2.5 Russia
-
2.3.2.6 Italy
-
2.3.2.7 Rest of Europe
-
-
2.3.3 Asia-Pacific
-
2.3.3.1 China
-
2.3.3.2 India
-
2.3.3.3 Japan
-
2.3.3.4 Australia
-
2.3.3.5 Rest of Asia-Pacific
-
-
2.3.4 South America
-
2.3.4.1 Brazil
-
2.3.4.2 Argentina
-
2.3.4.3 Rest of South America
-
-
2.3.5 Middle East & Africa
-
2.3.5.1 Saudi Arabia
-
2.3.5.2 South Africa
-
2.3.5.3 Rest of Middle East & Africa
-
-
-
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.