Agricultural testing includes a variety of testing methods and techniques that are carried out to ensure the quality and safety of agricultural produce and commodities. This involves soil testing to determine nutrient levels, pesticide residue testing of food to ensure compliance with regulatory standards, moisture testing of grains, and various other methods. With the ever growing global population and rising concerns about food security, agricultural production is undergoing advanced practices to maximize yields. At the same time, consumers are increasingly demanding food products that are safe, chemical-free, and nutritious. This is expected to drive the demand for stringent agricultural produce testing across the world.
The global Agricultural Testing Market is estimated to be valued at US$ 7.03 Mn in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
As consumer awareness about chemicals, residues and overall food quality continues to rise globally, there is increasing pressure on food producers and agricultural companies to ensure strict compliance with safety and quality testing standards. The testing market allows for strengthening of compliance as well as enabling production of chemical-residue free food to cater to the growing health-conscious consumer base. Meanwhile, factors such as growth in international food trade and stringent food safety regulations across countries impose further regulatory pressure, thereby necessitating robust agricultural testing practices across the supply chain. Together, these drivers are expected to contribute significantly to the projected strong growth of the agricultural testing market.
Segment Analysis
The agricultural testing market is dominated by the soil testing sub-segment accounting for approximately 35% share. Soil testing is crucial to understand the nutrient content of soil and optimize fertilizer usage. This sub-segment is dominating as accurate soil analysis helps farmers maximise crop yields while minimising production costs through efficient usage of inputs.
PEST Analysis
Political: Agriculture is a focus area for governments across the world in order to ensure national food security. Favourable policies support adoption of modern farming techniques including soil and water testing.
Economic: Growing populations is increasing global demand for food while arable land remains limited. Agricultural testing helps boost productivity and lower production costs through efficient resource allocation.
Social: Rising health awareness is driving demand for chemical residue and quality testing of food items. Customers prefer safer food produced in a sustainable manner.
Technological: Advancements in fields like IoT and robotics are enabling remote monitoring of farms. Digital platforms help aggregate testing results and provide personalised recommendations to farmers.
Key Takeaways
The Global Agricultural Testing Market Size is expected to witness high growth over the forecast period.
The North America region currently dominates the market attributed to significant R&D investments and rapid technological adoption among farmers.
Key players operating in the agricultural testing market are DEXIS (KaVo Kerr), Thermo Fisher Scientific Inc., PerkinElmer Inc., and Agilent Technologies. DEXIS (KaVo Kerr) is a leader in the soil testing segment offering comprehensive solutions while Thermo Fisher Scientific Inc. dominates the livestock and food testing space through its wide range of chemical and microbiology analysis products.
Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
