Market Overview:
The global heavy metals residue testing market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about food safety and rising demand for quality food products. Additionally, the growing number of outbreaks of foodborne diseases has led to an increase in the demand for heavy metals residue testing services. The chromatography-based segment is expected to dominate the global heavy metals residue testing market during the forecast period. This segment is projected to grow at a CAGR of 7% from 2018 to 2030.
Product Definition:
Heavy metals residue testing is the practice of determining the presence and concentration of heavy metals in a sample. The importance of heavy metals residue testing varies depending on the application, but can include ensuring product safety, assessing environmental impact, and ascertaining regulatory compliance.
Chromatography-based (HPCL, GC, LC, LC-MS/MS):
Chromatography-based techniques are extensively used in heavy metals residue testing market. The factors that propel the growth of chromatography-based techniques include its ability to separate chiral compounds, high resolution and sensitivity, selectivity, and purity. Chromatography technique is widely applied for analysis of pharmaceuticals & dietary supplements by different sports organizations as well as by government agencies such as U.S Anti-Doping Association (USADA) and National Center for Drug Abuse Statistics (NCDAHS).
Spectroscopy:
The spectroscopy is the branch of science that deals with the study of interaction between matter and electromagnetic radiation. Spectroscopic techniques are used for analyzing chemical compounds, determining molecular structures, and measuring properties such as heat & light absorption, fluorescence & phosphorescence emission. The technique is based on Beer's law which states that a small portion of a substance can be heated to incandescence and its spectrum can be observed or recorded.
Application Insights:
The meat and poultry products segment dominated the global heavy metals residue testing market in 2017, accounting for over 30.0% share of the overall revenue. The growth can be attributed to increasing meat consumption across the globe coupled with rising concerns regarding food safety.
Fruits and vegetables are expected to emerge as one of the fastest-growing segments during forecast years on account of growing awareness among farmers about soil health and environmental pollution caused due to chemical fertilizers run off into water bodies from farms. This has led farmers across the world to adopt organic farming techniques which are free from synthetic chemicals that have a negative impact on human health as well as nature itself. Such factors will drive demand for HMRT in fruits and vegetables applications over coming years, thereby propelling product demand globally.
Regional Analysis:
Asia Pacific dominated the global heavy metals residue testing market in 2016 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with growing demand for processed food products is anticipated to drive growth in this region. China, India, Japan, South Korea are some of the major countries that are likely to witness high growth rates owing to increasing awareness among consumers regarding health & hygiene issues and rising disposable income levels.
The European market was valued at USD X million in 2016 and is projected to grow at a CAGR of XX% from 2017 to 2030 due primarily on chromatography-based heavy metal testing being adopted by regulatory bodies as an alternative method for residue detection post-Brexit scenario which has led Europe’s exit from EU (European Union).
Growth Factors:
- Increasing demand from metal processing industries for quality control and regulatory compliance
- Growing awareness of the health hazards associated with heavy metals residues in food and beverages
- Stringent regulations on heavy metals residues in food and beverages by government agencies worldwide
- Proliferation of contract laboratories offering residue testing services
- Development of novel analytical methods for detecting heavy metals residues
Scope Of The Report
Report Attributes
Report Details
Report Title
Heavy Metals Residue Testing Market Research Report
By Type
Chromatography-based (HPCL, GC, LC, LC-MS/MS), Spectroscopy, Immunoassay, Other technologies
By Application
Meat & poultry, Dairy products, Processed foods, Fruits & vegetables, Cereals, grains & pulses, Nuts, seed & spice, Others
By Companies
Bureau Veritas S.A., Intertek Group plc, Eurofins Scientific SE, ALS Limited, Thermo Fisher Scientific, Mérieux NutriSciences, AsureQuality, Microbac Laboratories, SGS S.A.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Heavy Metals Residue Testing Market Report Segments:
The global Heavy Metals Residue Testing market is segmented on the basis of:
Types
Chromatography-based (HPCL, GC, LC, LC-MS/MS), Spectroscopy, Immunoassay, Other technologies
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Meat & poultry, Dairy products, Processed foods, Fruits & vegetables, Cereals, grains & pulses, Nuts, seed & spice, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bureau Veritas S.A.
- Intertek Group plc
- Eurofins Scientific SE
- ALS Limited
- Thermo Fisher Scientific
- Mérieux NutriSciences
- AsureQuality
- Microbac Laboratories
- SGS S.A.
Highlights of The Heavy Metals Residue Testing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chromatography-based (HPCL, GC, LC, LC-MS/MS)
- Spectroscopy
- Immunoassay
- Other technologies
- By Application:
- Meat & poultry
- Dairy products
- Processed foods
- Fruits & vegetables
- Cereals, grains & pulses
- Nuts, seed & spice
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heavy Metals Residue Testing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heavy metals residue testing is a process used to determine the levels of heavy metals in a sample. The test can be used to identify potential sources of contamination, and to assess the level of risk posed by those contaminants.
Some of the major companies in the heavy metals residue testing market are Bureau Veritas S.A., Intertek Group plc, Eurofins Scientific SE, ALS Limited, Thermo Fisher Scientific, M©rieux NutriSciences, AsureQuality, Microbac Laboratories, SGS S.A..
The heavy metals residue testing market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heavy Metals Residue Testing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Heavy Metals Residue Testing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heavy Metals Residue Testing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Heavy Metals Residue Testing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Heavy Metals Residue Testing Market Size & Forecast, 2020-2028
4.5.1 Heavy Metals Residue Testing Market Size and Y-o-Y Growth
4.5.2 Heavy Metals Residue Testing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Chromatography-based (HPCL
5.2.2 GC
5.2.3 LC
5.2.4 LC-MS/MS)
5.2.5 Spectroscopy
5.2.6 Immunoassay
5.2.7 Other technologies
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Meat & poultry
6.2.2 Dairy products
6.2.3 Processed foods
6.2.4 Fruits & vegetables
6.2.5 Cereals
6.2.6 grains & pulses
6.2.7 Nuts
6.2.8 seed & spice
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heavy Metals Residue Testing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Heavy Metals Residue Testing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Chromatography-based (HPCL
9.6.2 GC
9.6.3 LC
9.6.4 LC-MS/MS)
9.6.5 Spectroscopy
9.6.6 Immunoassay
9.6.7 Other technologies
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Meat & poultry
9.10.2 Dairy products
9.10.3 Processed foods
9.10.4 Fruits & vegetables
9.10.5 Cereals
9.10.6 grains & pulses
9.10.7 Nuts
9.10.8 seed & spice
9.10.9 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Chromatography-based (HPCL
10.6.2 GC
10.6.3 LC
10.6.4 LC-MS/MS)
10.6.5 Spectroscopy
10.6.6 Immunoassay
10.6.7 Other technologies
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Meat & poultry
10.10.2 Dairy products
10.10.3 Processed foods
10.10.4 Fruits & vegetables
10.10.5 Cereals
10.10.6 grains & pulses
10.10.7 Nuts
10.10.8 seed & spice
10.10.9 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Chromatography-based (HPCL
11.6.2 GC
11.6.3 LC
11.6.4 LC-MS/MS)
11.6.5 Spectroscopy
11.6.6 Immunoassay
11.6.7 Other technologies
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Meat & poultry
11.10.2 Dairy products
11.10.3 Processed foods
11.10.4 Fruits & vegetables
11.10.5 Cereals
11.10.6 grains & pulses
11.10.7 Nuts
11.10.8 seed & spice
11.10.9 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Chromatography-based (HPCL
12.6.2 GC
12.6.3 LC
12.6.4 LC-MS/MS)
12.6.5 Spectroscopy
12.6.6 Immunoassay
12.6.7 Other technologies
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Meat & poultry
12.10.2 Dairy products
12.10.3 Processed foods
12.10.4 Fruits & vegetables
12.10.5 Cereals
12.10.6 grains & pulses
12.10.7 Nuts
12.10.8 seed & spice
12.10.9 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Chromatography-based (HPCL
13.6.2 GC
13.6.3 LC
13.6.4 LC-MS/MS)
13.6.5 Spectroscopy
13.6.6 Immunoassay
13.6.7 Other technologies
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Meat & poultry
13.10.2 Dairy products
13.10.3 Processed foods
13.10.4 Fruits & vegetables
13.10.5 Cereals
13.10.6 grains & pulses
13.10.7 Nuts
13.10.8 seed & spice
13.10.9 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Heavy Metals Residue Testing Market: Competitive Dashboard
14.2 Global Heavy Metals Residue Testing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bureau Veritas S.A.
14.3.2 Intertek Group plc
14.3.3 Eurofins Scientific SE
14.3.4 ALS Limited
14.3.5 Thermo Fisher Scientific
14.3.6 Mérieux NutriSciences
14.3.7 AsureQuality
14.3.8 Microbac Laboratories
14.3.9 SGS S.A.
