(Food-Beverage-News.Com, September 19, 2018 ) According to Verified Market Intelligence, the global agricultural testing market was valued at USD 4.46 billion in 2016 and is projected to reach USD 7.34 billion by 2025, growing at a CAGR of 5.7% from 2017 to 2025.
Agricultural testing is defined as the process of testing various samples of water, soil, seed and other in order to determine quality and contamination level present in the samples. It helps in analyzing suitable resources and input needed to be supplemented for ideal plant growth. Apart from this, it also assists in determining the composition and other related characteristics of the given sample. Agricultural testing has proved to be beneficial to farmers, and in turn, the agriculture sector.
Stringent food regulations and high demand for quality and sustainable agricultural practices have been driving the global agricultural testing market. While high cost, extensive sample preparation procedure and lack of education about agricultural regulations act as potential restraints for the overall market at a global level.
The “Global Agricultural Testing Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as SGS, Eurofins, Intertek, Bureau Veritas, ALS Limited, TUV Nord Group, Mérieux, Asurequality, RJ Hill Laboratories, and SCS Global. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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