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The animal feed testing market size was valued at USD 1.88 billion in 2023. The market is projected to grow from USD 2.02 billion in 2024 to USD 3.91 billion by 2032, exhibiting a CAGR of 8.6% during the forecast period.
Animal feed testing is crucial for ensuring the nutritional values and quality of the feed. The quality of the feed is directly linked with the health and welfare of cattle, pets, and other animals, as well as animal products such as milk, meat, and other foods consumed by humans. The rising pet ownership among the population globally and the increasing importance of animal health are some of the major factors supporting the demand for animal feed testing. In addition, the rising focus of government bodies and animal health organizations to promote and provide safe and nutritional feed with quality ingredients is another prominent factor expected to expand the animal feed testing market.
The overall COVID-19 pandemic impact on the global market was negative. The decreased livestock population, reduced demand and adoption of feed testing among the companies, and reduced number of pet owners significantly dropped the revenues of testing providers globally.
However, the companies shifted their focus toward digital solutions for animal feed testing procedures. They accelerated their use of these technologies which is expected to boost the market during the forecast period.
Shifting Preference Toward High-quality Animal Feed
The rising awareness regarding the importance of nutritious and toxin-free feed for animals, including pets, poultry, cattle, and others among the population, is resulting in a preferential shift toward nutritious and quality feed for animals.
Growing Emphasis on Sustainability to Spur the Adoption of Technologically Advanced Feed Testing
Companies' growing focus on animal feed sustainability is leading to the adoption of novel technology to produce eco-conscious and cost-effective animal product ranges, ensuring their safety.
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Growing Awareness Regarding Feed Safety to Boost the Demand for Testing
The safety and quality of animal feed are necessary for mitigating animal health hazards and enhancing their growth and productivity. The rising awareness regarding the high quality of animal feed among the population is one of the major factors supporting the growing demand for animal feed testing in the market. Also, the quality of animal feed is directly linked to the milk, meat, eggs, and other animal products that are produced, which further bolsters the demand for the safety testing of animal feed in the market.
Increasing Focus on Quality Assurance to Spur the Demand for Testing
The rising focus of regulatory bodies and various organizations to promote and develop stringent rules and regulations for the safety and quality of animal feed is another vital factor bolstering the global animal feed testing market growth.
Rising Technological Advancements by Companies to Fuel the Adoption of Feed Testing
The growing demand for feed safety and quality for animal welfare and health among the population, along with the rising focus of the companies to develop and introduce innovative tests with novel technology and advancements, is expected to boost the demand for testing in the market.
High Costs Associated with Feed Testing to Hamper Market Growth
The increasing cost of laboratory setup, including the testing equipment cost, installment cost, maintenance, and testing cost, is raising the overall cost of the laboratory setup and facilities, which becomes a challenging factor for low and middle-income countries. Also, the rising technological advancements in testing techniques and tools are leading to the rising cost of feed testing among companies.
Further, various types of feed testing, such as pathogen testing, mycotoxin testing, and others, require different equipment and analytical tools, increasing the overall setup cost for the laboratory conducting animal feed testing. Therefore, the high operating cost of this equipment poses a barrier for small-scale laboratories in emerging markets, hindering market growth.
Shortage of Skilled Technicians to Hinder the Demand for Testing
The limited testing laboratories in emerging countries and the lack of skilled professionals hamper the overall testing procedures and efficiency, further hindering the demand for testing among the population.
Limited Regulatory Standard for Feed Testing in Emerging Countries
The limited regulatory framework and bodies in feed industries in emerging countries, including African countries, fragmented policies, and limited financial resources in private and public testing providers are some of the major factors hindering the demand for testing in regions.
Increasing Food Trade
The increasing population and rising per capita expenditure in countries, such as China, India, and other countries, are resulting in an increasing food trade, including human food and animal feed globally. The growing food trade is leading to a robust emphasis on feed safety guidelines and requirements to ensure the safety of consumers.
Technological Advancements in Testing Processes
The advent of technological advancements, such as the integration of artificial intelligence and the Internet of Things (IoT), among others, in the field of food and feed safety testing by laboratories and companies presents a massive opportunity for emerging players to create their brand presence in the market.
The increasing awareness regarding feed safety and quality among farmers, poultry owners, pet owners, and others in countries, such as India, Brazil, and Australia, among others, along with increasing livestock production in these countries, are resulting in higher demand for feed safety and testing which is anticipated to spur the market opportunity for the animal feed testing companies in the market.
Rising Mycotoxin Contamination in Feed Led to Rising Demand for Mycotoxin Testing
Based on test type, the market is segmented into feed ingredient analysis, pathogen testing, pesticides & fertilizers, fats & oil analysis, mycotoxin testing, nutritional labelling, proximate analysis, and others.
The mycotoxin testing segment dominated the market in 2023. The rising mycotoxin contamination in animal feed and growing initiatives by companies in the market to promote and increase awareness of mycotoxin testing are favoring the segment's growth.
Similarly, the pathogen testing segment is expected to grow at a higher CAGR during the forecast period. The increasing incidence of diseases, such as brucellosis, rabies, and others in animals, and growing awareness regarding the importance of pathogen testing in animal feed, contribute to the segment's growth.
The feed ingredient analysis and nutritional labelling segments are projected to grow at a nominal rate during the forecast period. The rising awareness regarding the importance of nutrients in animal feed, along with increasing initiatives and guidelines by the government bodies to promote proper labelling of animal feed products, are some of the major factors favoring the growth of the segments.
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Increasing Number of Poultry Population Led to the Dominance of Poultry Feed Segment
Based on animal food type, the market is segmented into pet food, poultry feed, fish food, cattle feeds, and others.
The poultry feed segment accounted for the highest animal feed testing market share in 2023. The increasing poultry population, higher poultry feed production, and rising awareness regarding the importance of feed testing among poultry farmers and owners are a few of the significant contributing factors expected to drive the segment in the market.
The pet food segment is expected to witness the highest growth during the forecast period. The rising pet ownership in the U.S., U.K., and other countries owing to rising disposable income among the population and increasing awareness regarding the importance of high-quality feed are crucial factors favoring the segment's growth.
The cattle feeds segment is projected to grow at a significant growth rate during the forecast period. The rising livestock population in the countries, increasing demand for milk, meat, and other among the consumers, and the rising importance of feed testing to avoid contaminants and toxins that can hamper the health of animals as well as humans when consumed are majorly attributable for the growth of the segment.
Similarly, fish food and other segments are also projected to grow during the forecast period, owing to the increasing initiatives by the companies to promote the welfare and safety of animal health, leading to increasing demand for feed testing.
Based on geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America Animal Feed Testing Market Size, 2023 (USD Billion)
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North America, valued at USD 0.66 billion, dominated the market in 2023. Several factors, including stringent adherence to animal feed testing guidelines and protocols, the rising number of pet owners in countries, such as the U.S. and Canada, and increasing testing laboratories in the region, are contributing to the growth of the market in the region.
Europe held the second-highest market share in 2023. The increasing feed production in countries, such as France, Germany, and others, coupled with the stringent focus of the government bodies to adhere to animal feed testing, are some of the vital factors contributing to the market growth in the region.
Asia Pacific is expected to grow at the highest rate during the forecast period. The increasing feed production owing to the rising livestock population, poultry animals, and others, along with strategic initiatives by companies and government bodies to create awareness. These are the crucial factors to drive the demand for testing in the region.
Latin America and Middle East & Africa are expected to grow during the forecast period. The growing focus of companies on increasing the accessibility and availability of various testing procedures in Brazil, Mexico, UAE, and other countries is one of the prominent reasons favoring the growth of the market in the regions.
Rising Initiatives of Prominent Players to Develop and Introduce New Tests Contributed to the Growing Market Shares
The global market is semi-consolidated, with a few major players accounting for a major proportion of the total market with a wide range of testing services.
SGS Société Générale de Surveillance SA accounted for a major proportion of the global market. The company's rising focus on expanding its testing capacities by opening new lab facilities is one of the major factors contributing to the growing share of the company in the market.
Bureau Veritas is another prominent player operating in the market, offering a range of testing services for animal feed safety. The company’s strategic partnerships and collaborations to expand its presence in the market are crucial factors supporting the growth of the company in the market.
Similarly, Eurofins Scientific is a vital player in the market, with a range of testing and a focus on animal feed safety. The company's growing efforts to improve its testing capabilities and accreditations are some of the major factors that favor growth in the market.
Several emerging players in various countries with technologically advanced tests and a robust focus on promoting animal feed safety and quality testing are expected to spur the market growth of the companies in the future.
The global animal feed testing market report provides a detailed market analysis. It focuses on key aspects, such as market size & market forecast, market segmentation based on test type, animal food type, and competitive landscape. It also gives an overview of the regulatory scenario, insights on testing penetration, and analysis for significant companies.
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ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Growth Rate | CAGR of 8.6% from 2024-2032 |
Unit | Value (USD billion) |
Segmentation | By Test Type
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By Animal Food Type
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By Geography
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Fortune Business Insights says that the global market was valued at USD 1.88 billion in 2023 and is projected to reach USD 3.91 billion by 2032.
The market is slated to exhibit a steady 8.6% CAGR during the forecast period of 2024-2032.
By test type, the mycotoxin testing segment led in 2023.
The key driving factors of the market include the rising incidence of animal diseases, growing awareness regarding the importance of feed quality and safety, and the increasing R&D focus of the companies, which are some of the major market drivers.
SGS Societe Generale de Surveillance SA, Eurofins Scientific, and Bureau Veritas are some of the major players operating in the market.
North America dominated the global market in 2023.
North America was valued at USD 0.66 billion in 2023.
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