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Asia-Pacific Residue Testing Market: By Residue Type [Toxins (Mycotoxins, Others), Pesticide Residues (Insecticide, Herbicide, Fungicide, Others), Food Allergens, Veterinary Drugs, Heavy Metals, By Technology (Immunoassay, Spectroscopy, Chromatography, Others)], By Application (Dairy products, Fruits & Vegetables, Meat & Poultry, Cereals, Grains & Pulses, Processed Foods, Functional Food Ingredients, Nuts, Seed & Spice, Others) and Country (Japan, China, India, ASEAN, Australia & New Zealand, Others) – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023

October 2017 | 60 pages | ID: A5E9C201218EN
Precision Business Insights (PBI)

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Asia-Pacific Residue Testing Market Report Description:

Asia-Pacific Residue Testing Market report gives comprehensive outlook on Asia-Pacific Residue Testing across the region with special emphasis on countries Japan, China, India, ASEAN, Australia & New Zealand, Others. This report on Asia-Pacific Residue Testing market gives historical, current, and future market sizes (US$ Mn) of residue type, technology, application and countries. This report studies Asia-Pacific Residue Testing market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Asia-Pacific Residue Testing market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Opportunities).

Asia-Pacific Residue Testing Market:

Asia-Pacific Residue Testing Market was accounted around US $500 million in 2016, and expected expand at significant CAGR from 2017 to 2023.

Strengthening food residue testing regulations, adoption of sophisticated technologies are witnessed to unlock the potential of the market.

Emerging countries are expected to offer lucrative opportunities, developing countries like China, India plays a vital role in residue testing for food and feed ingredients. Fresh agro products are important food source and export material in Asia. Pesticide traces have been emerged as a major threat in these countries. Strengthening of food safety regulations coupled with frequent pesticide residue monitoring plans are projected to create demand for residue testing market in the emerging countries.

Pesticide Residue Testing Market is expected to account for 30% revenue share in Asia-Pacific residue testing market and projected to grow at double digit CAGR over 2017 to 2023. Limited knowledge on health hazards of pesticides, high adoption of insecticides, fungicides is expected to accelerate the revenue share of pesticide residue monitoring market.

Mass spectroscopy technology segment expected to gain traction owing to surge in the adoption of GC-MS, LC-MS in order to detect multi residue elements in food.

Dairy Residue Testing Market is projected to offer enormous opportunities over the forecast period in Asia-Pacific residue testing market due to surge in the milk production, increased antibiotics, and hormones. Increased mycotoxin levels in dairy products, surge in pesticides, heavy metal contamination expected to enhance the revenue share in future.

China is expected to expand at robust CAGR from 2017 to 2023.

Australia and New Zealand Residue Testing Market projected to accounts for US $80 million in 2016, expand at a significant CAGR from 2017 to 2023. Stringent government regulations, advanced laboratories to detect residues in food ingredients expected to enhance the market.

Japan Residue Testing Market is expected to grow at a CAGR of 9.0% over forecast period, high healthcare awareness, cutting-edge technologies are few factors enables drive the Japan’s market.

COMPETITION ASSESSMENT

Key players’ profiles in the Asia-Pacific Residue Testing market include, Intertek Group plc. (U.K.), SGS S.A. (Switzerland), Silliker Inc. (U.S.), Eurofins Scientific (Luxembourg), Bureau Veritas S.A. (France), ALS Limited (Australia), Microbac Laboratories, Inc. (U.S.), AsureQuality Laboratories (New Zealand).

KEY FINDINGS OF THE REPORT:

Asia-Pacific Residue Testing market is expanding approximately 10.0% CAGR over 2017 to 2023.

China expected to dominate the revenue share of residue testing market over forecast period.

Based on Application, fruits and vegetables, meat and poultry is expected to expand at significant CAGR from 2017 to 2023.

Based on Residue Type, pesticides segment is expected to create lucrative opportunities for residues testing market over the forecast period.

KEY FEATURES OF THE REPORT:
  • The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
    • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
DETAILED SEGMENTATION

By Residue Type
  • Toxins
  • Mycotoxin
  • Others
  • Pesticide Residues
  • Insecticide
  • Herbicide
  • Fungicide
  • Others
  • Food Allergens
  • Veterinary Drugs
  • Heavy Metal
By Technology
  • Immunoassay
  • Spectroscopy
  • Chromatography (LC, GC, HPLC)
  • Others
By Application
  • Dairy Products
  • Fruits & vegetables
  • Meat & poultry
  • Cereals, grains & pulses
  • Processed foods
  • Functional Food Ingredients
  • Nuts, Seeds & Spices
By Country
  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • Rest of Asia-Pacific
1. EXECUTIVE SUMMARY

2. ASIA-PACIFIC RESIDUE TESTING MARKET INTRODUCTION

2.1. Asia-Pacific Residue Testing Market – Taxonomy
2.2. Asia-Pacific Residue Testing Market–Definitions
  2.2.1. Residue Type
  2.2.2. Technology
  2.2.3. Application

3. ASIA-PACIFIC RESIDUE TESTING MARKET DYNAMICS & REPORT USPS

3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Asia-Pacific Residue Testing Market Dynamics – Factors Impact Analysis
3.6. Asia-Pacific Residue Testing Market Dynamics – Regulations
3.7. Product Innovation

4. ASIA-PACIFIC RESIDUE TESTING MARKET ANALYSIS 2017 – 2025

4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis

5. ASIA-PACIFIC RESIDUE TESTING MARKET, BY APPLICATION, 2017 - 2023

5.1. Dairy products
  5.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  5.1.3. Market Opportunity Analysis
5.2. Fruits & vegetables
  5.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  5.2.3. Market Opportunity Analysis
5.3. Meat & poultry
  5.3.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  5.3.3. Market Opportunity Analysis
5.4. Cereals, grains & pulses
  5.4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  5.4.3. Market Opportunity Analysis
5.5. Processed foods
  5.5.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  5.5.3. Market Opportunity Analysis
5.6. Functional food ingredients
  5.6.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  5.6.3. Market Opportunity Analysis
5.7. Nuts, seed & spice
  5.7.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  5.7.3. Market Opportunity Analysis
5.8. Others
  5.8.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  5.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  5.8.3. Market Opportunity Analysis

6. ASIA-PACIFIC RESIDUE TESTING MARKET, BY RESIDUE TYPE, 2017 - 2023

6.1. Micotoxins
  6.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  6.2.3. Market Opportunity Analysis
6.2. Pesticide Residues
  6.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  6.2.3. Market Opportunity Analysis
6.3. Food Allergens
  6.3.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  6.2.3. Market Opportunity Analysis
6.4. Veterinary Drugs
  6.4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  6.2.3. Market Opportunity Analysis
6.5. Heavy Metals
  6.5.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  6.5.3. Market Opportunity Analysis

7. ASIA-PACIFIC RESIDUE TESTING MARKET FORECAST, BY TECHNOLOGY, 2017 - 2023

7.1. Immunoassay
  7.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  7.1.3. Market Opportunity Analysis
7.2. Spectroscopy
  7.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  7.2.3. Market Opportunity Analysis
7.3. Chromatography
  7.3.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  7.3.3. Market Opportunity Analysis
7.4. Other technologies
  7.4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  7.4.3. Market Opportunity Analysis

9. ASIA-PACIFIC RESIDUE TESTING MARKET FORECAST, BY COUNTRY, 2017 - 2023

9.1. Japan
  9.1.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  9.1.3. Market Opportunity Analysis
9.2. China
  9.2.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  9.2.3. Market Opportunity Analysis
9.3. India
  9.3.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  9.3.3. Market Opportunity Analysis
9.4. Australia & New Zealand 9.4.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  9.4.3. Market Opportunity Analysis
9.5. ASEAN
  9.5.1. Market Analysis and Forecast, 2017 – 2025 (Revenue, USD Mn)
  9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis
  9.5.3. Market Opportunity Analysis
9.6. Asia-Pacific Residue Testing Market - Opportunity Analysis Index, By Residue Type, Technology, Application, Country and, 2017 – 2025

10. JAPAN RESIDUE TESTING MARKET ANALYSIS 2017 - 2023

  10.1.1.Application Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    10.1.1.1. Dairy products
    10.1.1.2. Fruits & vegetables
    10.1.1.3. Meat & poultry
    10.1.1.4. Cereals, grains & pulses
    10.1.1.5. Processed foods
    10.1.1.6. Functional food ingredients
    10.1.1.7. Nuts, seed & spice
    10.1.1.8. Others
  10.1.2.Residue Type Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    10.1.2.1. Micotoxins
    10.1.2.2. Pesticide Residues
    10.1.2.3. Food Allergens
    10.1.2.4. Veterinary Drugs
    10.1.2.5. Heavy Metals
  10.1.3.Technology Analysis Forecast (2017 – 2025) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    10.1.3.1. Immunoassay
    10.1.3.2. Spectroscopy
    10.1.3.3. Chromatography
    10.1.3.4. Other technologies
  10.1.4. Japan Asia-Pacific Residue Testing Market - Opportunity Analysis Index, By Residue Type, Technology, Application, Country, and Country, 2017 – 2025
  10.1.5. Japan Asia-Pacific Residue Testing Market Dynamics – Trends

11. CHINA RESIDUE TESTING MARKET ANALYSIS 2017 – 2023

12. INDIA RESIDUE TESTING MARKET ANALYSIS 2017 – 2023

13. AUSTRALIA & NEW ZEALAND RESIDUE TESTING MARKET ANALYSIS 2017 – 2023

14. ASEAN RESIDUE TESTING MARKET ANALYSIS 2017 – 2023

15. REST OF ASIA PACIFIC RESIDUE TESTING MARKET ANALYSIS 2017 - 2023

16. COMPETITION LANDSCAPE

16.1. Strategic Dashboard of Top Market Players
16.2. Company Profiles (Introduction, Financial Analysis Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
  16.2.1. SGS SA
  16.2.2. Intertek Group plc.
  16.2.3. Eurofins Scientific
  16.2.4. Bureau veritas S.A.
  16.2.5. ALS Limited
  16.2.6. Neogen Corporation
  16.2.7. Idexx Laboratories
  16.2.8. AsureQuality
  16.2.9. Charm Sciences, Inc.
  16.2.10. Microbac Laboratories, Inc.
  16.2.11. Unisensor

17. RESEARCH METHODOLOGY

18. KEY ASSUMPTIONS AND ACRONYMS


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