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Feed Testing Market Estimated to Reach $2.1 Billion by 2019

Feed Testing Market Report Categories the Global Market by Livestock (Swine, Poultry, Pets, Equine, Cattle, and Aquatic Animals), Type (Mycotoxin, Pathogen, Nutritional Labeling, Crop Chemicals, Fats & Oils) & Geography.

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Feed Testing Market Estimated to Reach $2.1 Billion by 2019

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  1. MarketsandMarkets Presents Feed Testing Market Estimated to Reach $2.1 Billion by 2019, at a CAGR of 7%

  2. The report Feed Testing Market by Livestock (Swine, Poultry, Pets, Equine, Cattle, and Aquatic animals), by Type (Mycotoxin, Pathogen, Nutritional Labeling, Crop Chemicals, Fats & Oils, and Others), & Geography - Global Trends & Forecasts to 2019, defines and segments the feed testing market with analyses and projection of the market size in terms of value and volume. It also identifies the driving and restraining factors of the feed testing market with analyses of trends, opportunities, burning issues, challenges, and restraints. The market is segmented and its size is estimated and projected on the basis of key geographical regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). • Browse • 132 market data tables72 figures • 198 Pages and in-depth TOC on “Feed Testing Market “ • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=57267971

  3. Source: MarketsandMarkets Analysis Feed Testing Market Share (Volume), By Region, 2013 Source: MarketsandMarkets Analysis

  4. The feed testing market has been growing with increase in concern for animal safety among farmers, feed manufacturers, regulatory bodies, and respective governments. The concern for feed safety has been increasing due to the consumption of contaminated feed, and this has been responsible for the outbreak of several illnesses such as BSE and PED. The driving force of the market includes stringent regulations and increasing feed supply trade. The global market involves tests for contaminants such as pathogens, toxins, genetically modified feed ingredients, and pesticides. The key market players include Silliker Inc. (U.S.), Intertek Group Plc (U.K.), Eurofins Scientific (Luxembourg), InstitutfürProduktqualität (Germany), and Romer Labs Inc. (U.S.), which are using strategies such as expansions, investments, new technology/product/service launches, and mergers & acquisitions to strengthen their position in the market. The market for feed testing is projected to grow at a CAGR of 7% by 2019. In 2013, North America was the largest feed testing market with more than 40% of the share, wherein the U.S. dominated this market. The leading players in the feed testing market include Silliker Inc. (U.S.), Intertek Group Plc (U.K.), Eurofins Scientific (Luxembourg), InstitutfürProduktqualität (Germany), and Romer Labs Inc. (U.S.). These players have been focusing on introducing new products and services, being involved in mergers & acquisitions, and expanding their business segments to maintain their position in the market.

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  6. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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