Agricultural Testing Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global market value of the agricultural testing market was valued at USD 6.8 billion in 2022, and a CAGR of 7.5% is expected during the forecast period. It refers to the industry involved in various products such as soil, water, compost, manure, and seeds. Increasing demand for food safety is crucial for the global population. Analyzing soil, water, and crops to ensure better crop yield is driving the growth in the market significantly. Increasing demand for better and higher-quality agricultural products is driving growth in the market significantly.

Environment concerns and government regulations are the key factors behind the growth in the market. Better crop yield is the main goal of the agricultural testing market. Increasing emphasis on precision farming is driving growth in the agricultural testing market. Increasing population, and industrialization is causing more need of quality food products significantly.

Growth Drivers

Increasing demand for food safety and quality is leading to greater demand for testing to ensure compliance with regulations and standards. Agricultural practices do have significant environmental impacts, such as soil degradation, water contamination, and pesticide residue. Testing helps to monitor and mitigate these effects, driving growth in environmental testing services. Stricter regulations implemented by the government related to food safety are increasing the growth of the market significantly.

Advancements in analytical techniques and instrumentation are enhancing the efficiency, accuracy, and scope of agricultural testing services. Increasing adoption of precision agriculture such as soil mapping, variable rate fertilization, and crop monitoring relies heavily on data from agricultural testing to optimize inputs and maximize yields. Rising awareness of sustainable agriculture is driving growth in the market significantly. Organic farming and integrated pest management are the key attributes of the agricultural testing market. The increasing population all over the world is increasing the demand for food rapidly.

Segmentation

By Sample

·         Soil

·         Water

·         Seed

·         Compost

·         Manure

·         Biosolids

·         Plant Tissue

By Application

·         Safety Testing

·         Quality Assurance

By Technology

·         Conventional

·         Rapid

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

Agricultural Testing by Technology Segmentation

On the basis of technology, the agricultural testing market is segmented into two types: conventional and rapid. Conventional is the leading segment because it is well-established and trusted. Many farmers are familiar with this method. These methods are increasing crop yield efficiently, and increasing crop yield by using these methods is driving the growth in the market significantly. Conventional techniques often have lower upfront costs compared to newer technologies. Newer technologies are gaining traction as they offer benefits like increased accuracy and efficiency.

Agricultural Testing by Application Segmentation

On the basis of the application, the agricultural testing market is segmented into safety testing and quality assurance. Safety testing is the leading segment in agricultural testing by application. Ensuring that agricultural products are free from contaminants, pathogens, and harmful substances through safety testing is essential for maintaining trust in the food supply chain. It tests for pesticide residue, food pathogens, heavy metals, mycotoxins, and allergens. Quality assurance, on the other hand, encompasses broader aspects such as nutritional analysis, GMO testing, and sensory evaluation, which contribute to overall product quality and consumer satisfaction.

Quality assurance determines product consistency and meets market standards. Safety testing has a direct impact on human health and safety. In order to make sure that agricultural products are free from the presence of heavy metals such as lead, cadmium, and mercury, agricultural testing is done. Increasing demand for GMO testing to detect the presence of genetically modified traits in agricultural products is driving the growth of the market. Food pathogen testing is done to make agricultural products free from viruses, parasites, bacteria, and pathogens.

Regional Outlook

On the basis of the regions, the global market value of the agricultural testing market is segmented into 5 types: Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. North America leads the agricultural testing market and is expected to dominate during the forecast period due to advanced agricultural practices in this part of the world, like large-scale farming operations and precision farming techniques, along with the extensive use of agrochemical inputs, which are driving significant growth in the market. The region boasts advanced research and technological innovations. High awareness about food safety and quality is in demand.

Testing the product's integrity is the need of the hour. Diverse agricultural landscapes and strong industry infrastructure are significantly supporting the agricultural sector. North America is a major exporter of agricultural products. The United States of America is the biggest market for exports and imports. Increasing demand for better crop yields in the entire world is driving growth in the market significantly. Quality assurance and compliance with international standards are driving significant growth in the market. The increasing population in the Asia-Pacific region in countries like China and India demands safety and quality in products, which increases the growth significantly in the region.

Many countries in this region are witnessing urbanization, and industrialization is leading to changes in land use patterns. Government initiatives and regulations, along with technological advancements, are increasingly investing in the market. Digital farming technologies and innovation in biotechnology are driving significant growth in the market. Some countries in the region are major exporters of food grains like fruits, vegetables, seafood, and grains. Advancement in technology and rising emphasis on better crop yield in different regions of Europe are driving growth in the market. It covers various aspects like soil testing, water testing, and food safety testing.

With growing concerns about food safety and regulation, the demand for agricultural testing services is expected to continue to rise in Europe. Germany, France, Italy, Russia, Turkey, and England are the big markets in agricultural testing, and increasing demand for better crop yield is the reason behind the significant growth. The Middle East, Africa, and Latin America are witnessing slow growth in the market due to less awareness among the people and less technological advancements in the region.

Key Players

·         SGS

·         Eurofins

·         Intertek

·         ALS Limited

·         Rj Hill Laboratories Ltd

·         Agvise Laboratories

·         Water Agricultural Laboratories

·         Bureau Veritas

·         ALS Ltd

·         Other Players