Agricultural Testing Market Forecasts to 2028 – Global Analysis By Sample (Compost, Soil, Plant Tissue, Water, Biosolids, Seed, Manure and Other Samples), Technology (Rapid and Conventional), Application and By Geography

Agricultural Testing Market Forecasts to 2028 – Global Analysis By Sample (Compost, Soil, Plant Tissue, Water, Biosolids, Seed, Manure and Other Samples), Technology (Rapid and Conventional), Application and By Geography

According to Stratistics MRC, the Global Agricultural Testing Market is accounted for $6.14 billion in 2022 and is expected to reach $10.35 billion by 2028 growing at a CAGR of 9.1% during the forecast period. The agricultural testing market refers to the sector that examines various agricultural goods, including soil, water, compost, bio-solids, manure, and seeds, to ascertain their quality, composition, and presence of contaminants. This kind of testing is essential for maintaining environmental sustainability in the agriculture industry, ensuring the safety of food, and optimising crop productivity. A higher emphasis is placed on guaranteeing the safety and quality of agricultural goods as a result of the expanding global population and increased worries about food borne illnesses. The effectiveness and precision of agricultural testing have increased the introduction of cutting-edge testing techniques and technology.

According to a report by the Food and Agriculture Organization of the United Nations (FAO), only 21% of developing countries have the necessary regulatory frameworks in place to ensure the safety of food and agricultural products.

Market Dynamics

Driver

Stringent safety and quality regulations for agricultural commodities

Agriculture commodities are subject to strict safety and quality regulations, which relate to the guidelines and benchmarks established by government agencies and regulatory authorities to guarantee that agricultural products fulfil certain safety and quality requirements. These rules are in place to safeguard public health, stop the spread of diseases, and preserve the general standard of agricultural products. The requirement to adhere to these laws serves as the market impetus for farm testing. Before their products may be marketed in home or foreign markets, agricultural producers, processors, and exporters must prove that they meet the specified safety and quality criteria. This increases the need for agriculture testing services and propels the market's expansion.

Restraint

Lack of technical knowledge

It is anticipated that factors like a lack of technical expertise among farmers, especially in rural or underdeveloped areas, and a lack of knowledge of agricultural testing techniques and their long-term benefits would restrain market revenue development over the projected period. Additional factors that restrict market revenue expansion include inadequate agricultural infrastructure, particularly in developing countries, and rising prices for advanced agricultural testing services and equipment.

Opportunity

Technological advancements

New technologies like spectrometry and chromatography have been developed as a result of the focus on reducing lead times, sample utilisation, testing costs, and limitations related to various technologies. These technologies offer higher sensitivity, accuracy in results, reliability, multi-contaminant and non-targeted screening with quick turnaround times, among other advantages. Increased adoption of these technologies presents a chance for medium- and small-scale laboratories to diversify their service offerings and compete with major market players in the industry. As a result, the testing industry's technical breakthroughs are spurring efficiency and innovation in the agriculture testing market and opening up new avenues for growth and expansion.

Threat

The high cost of agriculture testing

Particularly for small-scale farmers or those engaged in agricultural production in developing nations, the financial limitations connected with agricultural testing present a considerable obstacle. The cost of specialised testing services, reagents, and laboratory equipment may prevent testing procedures from being widely used. Some agricultural tests necessitate specialised knowledge or costly outside laboratory services. Farmers might have to pay more for sample transportation and analysis fees if they have to ship samples to outside labs. These expenses may deter farmers from performing thorough testing or restrict their ability to examine a variety of characteristics.

Covid-19 Impact

The covid epidemic had a significant impact on all markets. Despite the fact that agricultural operations were excluded, the agriculture value chain experienced significant interruptions during the early stages of the lockdown. Workers who tested positive for COVID-19 caused the manufacturing process at numerous factories to slow down, stop, or be partially interrupted. The pandemic's aftermath saw a sharp rise in the demand for food. Due to the primary focus of agricultural testing being quality assurance, the worldwide pandemic has relatively little effect on the industry.

The water segment is expected to be the largest during the forecast period

The water segment is estimated to have a lucrative growth as water is an essential resource, especially for irrigation systems. Crop health and productivity can be directly impacted by the quality of the water used for irrigation. Farmers can evaluate whether water is suitable for irrigation by testing it for factors including pH, salinity, nutrient levels, heavy metals, and microbial contamination. To prevent causing harm to crops, soil, and irrigation equipment, high-quality water is necessary.

The quality assurance segment is expected to have the highest CAGR during the forecast period

The quality assurance segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the rising use of agricultural testing services and solutions. The use of quality assurance encourages farmers to consider how their farming methods affect the safety of the fresh food they produce and sell. It ensures both soil and crop quality, rising incidences of food borne diseases globally, strict regulatory guidelines on maintaining the safety and quality of agricultural products.

Region with highest share

Asia Pacific is projected to hold the largest market share during the forecast period owing to rising use of advanced agricultural testing techniques, the population's rapid growth, the demand for food and agricultural products, the expansion of agricultural activity, particularly in developing nations like China and India, and the growing producer awareness of the advantages of agricultural testing. The region's market revenue is anticipated to continue to develop as a result of rapid industrialization, rising levels of environmental pollution, an increase in the demand for agricultural testing services.

Region with highest CAGR

Europe is projected to have the highest CAGR over the forecast period, owing to strict government guidelines for the safety of both food and the environment. There is a growing emphasis on soil quality improvement and crop growth by agricultural producers. Also, there is a rise in the use of next-generation agricultural testing services and an increase in the number of soil testing labs in the area. The presence of major market players like Eurofins Scientific SE, SGS, Bureau Veritas SA, and TUV Nord Group are accelerating the market growth in the region.

Key players in the market

Some of the key players profiled in the Agricultural Testing Market include ALS Limited, Romer LABS, Omec USA, TUV Nord, Intertek, Bureau Veritas, Spectro Analytical Labs, Eurofins, RJ Hill Laboratories, Merieux, Campden BRI, Lloyds, Asurequality, SCS Global, Agri Food Quality and EMSL Analytics.

Key Developments

In April 2023, Eurofins acquired Inlabtec AG, a Swiss manufacturer of microbiological testing equipment. The company acquired Inlabtech AG to expand its testing equipment.

In January 2022, SGS announced collaboration with Transmute, a blockchain technology company, to develop supply chain solutions using blockchain technology. The collaboration will focus on developing a platform that provides transparency and traceability across supply chains.

In May 2021, Intertek acquired SAI Global Assurance, and this will strengthen Intertek’s Assurance offering by providing additional scale, enhanced geographic coverage and new capabilities. The benefit from this is ensuring a stronger market position in Australia, the USA, Canada, the UK and China, and an expanded service capability in attractive end-markets.

Samples Covered
• Compost
• Soil
• Plant Tissue
• Water
• Bio-solids
• Seed
• Manure
• Other Samples

Technologies Covered
• Rapid
• Conventional

Applications Covered
• Quality Assurance
• Safety Testing
• Chemical Residues
• Quality Assurance
• Other Applications

Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities,Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements