Global residue testing market is expected to grow with a CAGR of 6.1% over the forecast period from 2019-2025

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Oct 29, 2019, 13:05 ET

The report on the global residue testing market provides qualitative and quantitative analysis for the period from 2017 to 2025.

Read the full report: https://www.reportlinker.com/p05806462/?utm_source=PRN

NEW YORK, Oct. 29, 2019 /PRNewswire/ -- The report predicts the global residue testing market to grow with a CAGR of 6.1% over the forecast period from 2019-2025. The study on residue testing market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025.

The report on residue testing market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global residue testing market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global residue testing market over the period of 2017 to 2025. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings
1) Drivers
• Stringent government regulations for food safety
• Rising number of food born disease and allergies
2) Restraints
• Cost associated with residue tests and time requirement for the test process
3) Opportunities
• Establishment of strict food safety laws in developing countries

Research Methodology

A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global residue testing market is segmented on the basis of residue types, detection techniques, and application.

The Global Residue Testing Market by Residue Types
• Pesticides
• Heavy Metals
• Toxins
• Allergens
• Other Residues

The Global Residue Testing Market by Detection Techniques
• HPLC
• LC-MS/MS
• Immunoassay-based
• Other Techniques

The Global Residue Testing Market by Application
• Agricultural Crops
• Food
o Meat
o Poultry
o Dairy
o Fruits
o Vegetables
o Processed Food
o Other Food

Company Profiles
• Bureau Veritas S.A.
• Eurofins Scientific
• DTS Food Laboratories
• Covance Inc.
• ALS Limited
• SGS S.A.
• Intertek Group plc.
• International Laboratory Services Ltd.
• Microbac Laboratories, Inc.
• Silliker, Inc.
• Other companies

What does this report deliver?
1. Comprehensive analysis of the global as well as regional markets of the residue testing market.
2. Complete coverage of all the segments in the residue testing market to analyze the trends, developments in the global market and forecast of market size up to 2025.
3. Comprehensive analysis of the companies operating in the global residue testing market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Read the full report: https://www.reportlinker.com/p05806462/?utm_source=PRN

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