Feed Testing Market Size, Share, Industry, Forecast and outlook (2024-2031)

Feed Testing Market is Segmented By Type (Pathogen Testing, Nutritional Labeling Analysis, Mycotoxin Testing, Fats & Oil Analysis, Others), By Livestock Type (Poultry, Swine, Pets, Equine, Cattle, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Feed Testing Market Overview

Feed Testing Market is forecasted to reach at a CAGR of 6.5% during the forecast period (2024-2031). 

To ensure the absence of contaminants that are responsible for forborne illness, toxicity or poisoning feed testing is important which includes testing for metals, minerals, drugs, antibiotics, mycotoxin and others. Feed testing can be used to balance rations and assess the need for nutrient supplements, which are critical for efficient livestock production. Exposure to contaminated water, improper handling, contaminated raw materials and inefficient treatment of the ingredients during production and packaging are the reasons for contamination of feed. Surging demand for high-quality animal feed along with the rapid urbanization and increasing operational costs of feed production have boosted the growth of the market. High consumption of meat products due to rise in the number of populations which will further increase the demand for animal feed and hence escalating the growth rate of feed testing market.

Feed Testing Market Summary

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Feed Testing Market Dynamics and Trends

Demand for high quality animal feed drives the market growth

The demand for high quality animal feed has increased owing to which government has imposed strict regulations. Rapid urbanization and rising feed production operational costs will propel the industry forward. For the production of high-quality feed companies are required to undertake pathogen detection and identification in pet food products in order to maintain safety. Testing organizations have created instruments to give to manufacturers that not only provide cost-effective solutions, but also decrease sample preparation and produce reliable findings. According to FDA, dry dog food, frozen dog and cat meals, refrigerated dog food, dry cat food, pet treats such as jerky, and bird feeds are all considered in the pet food evaluation. FDA is responsible for approving the animal drug that goes in the medicated feed is safe and effective. Animals that eat this medicated feed are treated safe for milk, meat, eggs, and honey, are safe for people to eat.

Feed Testing Market Segmentation Analysis

Mycotoxin testing segment accounted for the highest share in global feed testing market

Mycotoxin testing detects the presence of harmful mycotoxin metabolites caused by mold or fungi in the feed.  For the feed chain stakeholders which is an increasingly competitive marketplace, which can rise or fall with the contaminant levels in grain and other raw materials. Eurofins is the world leading food and feed testing laboratory group, deploying a comprehensive range of state-of-the-art analytical techniques in order to support its clients' increasingly stringent quality and safety standards. The Group has built up a global network of food testing laboratories and Competence Centers that perform more than 450 million assays per year to establish the safety, composition, authenticity, origin, traceability and purity of food. As approved by FDA for medicated feed it is useful in the farming industry because farmers generally medicate an entire herd or flock of animals rather than medicate each animal individually.

Feed Testing Market Geographical Share

North America is the dominating region during the forecast period

North America is projected to be the dominating region as there are several regulations on the labeling of ingredients used as the final product. According to the National Poultry Newspaper, poultry requires 60 percent protein, 13 percent fat and 3 percent calcium, the required nutrient content is met majorly by poultry by-products and fish meal and these byproducts are available as a feed source. The demand has increased from 119,205.21 metric ton in 2018 to 120,884.63 metric ton in 2019 for the poultries. Higher levels of production are associated with the spread of intensive systems in which food conversion ratios are high which has increased the share of livestock production in North America. According to American Feed Industry Association, America’s domestic livestock and pets chowed down nearly 284 million tons of safe, high quality and nutritious food in 2019, helping keep our food supply chain stable. The study found that in 2019, pets and domestic livestock in the United States consumed approximately 284 million tons of animal food.

Feed Testing Market Companies and Competitive Landscape

There are several established participants in the industry and local manufacturers; hence, the market is fragmented. Some major key players are SGS Group, SDK Laboratories, Adpen laboratories, Inc., Bureau Veritas S.A, Genon Laboratories Ltd., Romer Labs, Inc., Intertek Group, Inc., Silliker Inc., R J Hill Laboratories Ltd., Bruker Biosciences Corporation among others. Some of the major key players invested in expanding their business. For instance, in 2019, Evonik Industries AG developed feed testing service named AMINORED 2.0 analytical service to test distiller's dried grains with solubles (DDGS). AMINORED 2.0 test allows users to rapidly and reliably evaluate the nutritional value of corn DDGS used in feed production, detecting the impact of processing and distinguishes over-processed batches and reveals the degree of over-processing; a major concern in corn DDGS. In 2021, Evonik Industries AG launched AMINOD 6.0 for feed raw materials that is up to date at all times and more comprehensive than any other offer available to the feed industry based on this database, feeds for livestock can be formulated with even greater precision.

COVID-19 Impact on Feed Testing Market

Positive impact on the global feed testing market

During the COVID-19 the consumption rate of broilers, layers, turkeys, hogs, dairy cows and beef cattle fell roughly 1.7% to an estimated 248.4 million tons, a difference of 4.2 million tons less feed consumed worth $1.6 billion which left the industry with a total post-COVID-19 value of $47.5 billion. The further disruptions in processing and slaughter numbers or potential trade issues. However, a number of people during the lockdown filled their emptiness by adopting a pet. This trend during the pandemic saw a rise in demand. According to a study by American Pet Products Association in 2021, pet owners shopping online increased to 86% from 72%. As the pet adoption was rise during the COVID-19 pandemic the demand for pet foods went high which positively impacted the market growth.

The global feed testing market report would provide an access to approximately 61 market data tables, 57 figures and 170 pages