The agriculture testing services market is segmented on the basis of sample type, by service type, by end user, and by region.
North America’s lead in the market continues. However, South Asia’s market attractiveness is progressing rapidly, which is likely to be outpacing that of Europe – currently the second leading regional market for agriculture testing services.
The rising levels of water and soil contamination, particularly in developing South Asian countries, continue to pose an increasing risk of crop failure, which is underlining the need for reliable agriculture testing services. Governments’ efforts in terms of awareness programs offers an additional push
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Key Players Focused on Expansion in Lucrative Asian Markets
Regions such as North America, Europe, and East & South Asia are among the key regions in which the agriculture industry is growing rapidly. Prominent manufacturers are continuously focusing on these regions to capture a significant market share in terms of revenue. Agriculture testing service providers provide various types of testing services such as soil testing, food testing, water testing, seed testing, fertiliser testing, and other testing services in these regions.
The presence of an adequate number of key agriculture service providers and the frequent requirement of agriculture testing services in these regions is fuelling the growth of the agriculture testing service market. These key agriculture testing service providers firmly believe in acquisitions and expansion strategies to expand their global footprints.
- For instance, Eurofins, one of the prominent agriculture testing service providers, announced the acquisition of Laboratoire de Bromatologie de l’Ouest (LBO) to extend its network of food testing laboratories in France on May 23, 2018
- The company also strengthened its footprint in France by acquiring Protec Group to expand its food and water testing activities
- ALS Limited, another agriculture testing service provider, acquired the Mikrolab Group in Sweden on October 3, 2017. The Mikrolab Group provides pharmaceutical, environmental, and food testing to a wide range of clients
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Key Segment
By Sample Type
- Soil
- Seed
- Water
- Fertilizer
- Food
- Others
By Service Type
- Off-Site Services
- On-Site Services
By End User
- Farmers
- Agricultural Consultant
- Fertilizer Manufacturers
- Research Bodies
- Others
By Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- MEA
- Emerging Countries
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