The global Agricultural Testing market was valued at USD 5.26 Billion in 2020 and is projected to reach USD 9.25 Billion by 2028, growing at a CAGR of 7.31%% from 2021 to 2028.

The term agricultural testing services refers to the testing of various components such as, soil, water, seeds, yield, among others, in intension of measure the contaminant content and quality. These tests provide the precise and accurate data of necessities and resources required for the appropriate growth of the plant. Along with that, the test such as measuring of impurity level, PH, or acid level of the soil sample are helpful to determine the fertility levels of soil which further helps to calculate the resources and anticipate the threats to the crops.

The global Agricultural Testing market was valued at USD 5.26 Billion in 2020 and is projected to reach USD 9.25 Billion by 2028, growing at a CAGR of 7.31%% from 2021 to 2028.

The global Agricultural Testing market is segmented into product, application, regions, and countries. The regional segmentation covers current and forecasts demand on the basis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments are analyzed on the basis of current and future trends. The report covers a complete evaluation of the market based on competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2016 to 2020 and forecast from 2021 to 2028. 

Outbreak of COVID-19 led various countries impose strict lockdown measures during the initial stages of the pandemic. Numerous companies from different verticals faced challenges due to remote work environments. As a result, companies from various sectors switched to online/virtual platforms to maintain a steady flow in their daily business activities. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.

The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

The increase in stringent safety and quality regulations for agricultural commodities and increase in outbreaks of foodborne illnesses is anticipated to augment the growth of the agricultural testing market over the forecast period. This is owing to the increasing occurrences of adulteration of food, feed, and other agricultural products that lead to significant outbreaks of illnesses humans and livestock.

Furthermore, growth in industrialization leads to the disposal of untreated industrial waste into the environment and increase in technological advancements in the testing industry is also expected to fuel the growth of the market in the years to come.

The lack of coordination between market stakeholders and supporting infrastructure in developing economies, and improper enforcement of regulatory laws along with high costs associated with the procurement of rapid agricultural testing equipment is expected to hinder the growth of the agricultural testing market in the years to come.

Sample  Analysis: Preview

On the basis of Sample, the market is segmented into Soil, Water, Seed, Compost, Manure, Biosolids, Plant tissue. Soil  held the highest share in 2020 and is expected to grow at a significant rate over the forecast period. This is attributed to the rising demand for the Soil in developing countries such as China and India. Digitalization in Asia Pacific region has led to a surge in the usage of technology in various business processes over the past few years. Rising adoption of online platforms across various sectors along with analytical solutions, IoT, AI, and Blockchain technology to gain a competitive advantage is also paving the way for the Agricultural Testing market growth.

Application Analysis: Preview

Based on Application, the market is segmented into Safety testing, Quality assurance. Safety testing  held the largest share and is projected to grow at a notable CAGR over the coming years. Rising demand for Agricultural Testing  in various countries such as the U.S., Germany, China, India, and Japan, among others is likely to support the growth of the market. Numerous companies are focusing on investing heavily in this application to cater the end user requirements effectively.

On the basis of region, the global Agricultural Testing market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region held a leading share of the global Agricultural Testing market in 2020. Some of the major countries contributing to the market growth are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. China is considered as the most lucrative country for market players. This is attributed to the presence of major companies operating in the region.

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA

The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Agricultural Testing market are SGS, Bureau Veritas, Intertek, Eurofins, TÜV Nord Group, Merieux, AsureQuality, RJ Hill Laboratories, Agrifood Technology, Apal Agricultural Laboratory. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

• Global Agricultural Testing Market is projected to reach USD 9.25 Billion by 2028
• Asia Pacific held the highest share of the Agricultural Testing market
• Soil held the largest share of the product segment in the Agricultural Testing market
• Safety testing held the major share of the application segment in the Agricultural Testing market