Animal Feed Testing Market Overview
Animal Feed Testing involves the inspection and testing of animal feed. Animal feed testing is performed to understand the quality, nutritional value, contamination levels, formulation, and many other parameters. The market for animal feed testing has been broadly classified based on the type of feed and type of testing. These segments are further classified into various sub-segments such as; By type of feed: pet, equine, aquatic, poultry, cattle, swine, and others; By type Of testing: pathogen testing, fat and oil analysis, feed ingredient analysis, metal and mineral analysis, pesticides and fertilizers, drug and antibiotics, mycotoxin testing, nutritional labelling, proximate analysis, and others. This report provides an exhaustive value chain analysis for the year 2017, and forecast up to 2023.
In 2017, the global animal feed testing market was valued at $XXm. The market value is further estimated to reach $708.3m by 2023, growing at a CAGR of 6.72% during the forecast period 2018–2023. Asia-Pacific is a huge market for animal feed testing, and thus, there is a huge demand for testing equipment, accessories and consumables in this region.
Animal Feed Testing Market Outlook
The primary objective of feed testing is to check the contamination level in the feedstock of animal feed. The various analysis performed in this market include microbiology analysis; heavy metal and vitamin analysis; and amino acids and pigment analysis. The market is determined by the customers’ growing care toward pets based on testing type. The pathogen testing segment holds the largest share in the market. Based on feed, the poultry feed segment occupies the largest share followed by cattle feed.
The various equipment used in laboratories to test the quality and nutritional value of animal feed include bomb calorimeter, atomic absorption spectroscope (AAS), gas chromatograph-flame ionization detector (GC-FID), high performance liquid chromatography (HPLC), and more.
Animal Feed Testing Market Growth Drivers
There is an increased awareness among consumers about the quality and safety of meat. Technological innovations and advances in safety testing have made the detection of contamination and presence of unwanted elements in animal feed convenient and reachable to small-scale producers as well.
The quality of the dairy products depends on the animal’s health; and hence, providing proper feed and maintaining health have become imperative in animal farming. These have increased the demand for animal feed testing.
The growing demand for organically produced livestock places burden on farmers to provide chemical-free feed to the animals. With heightened awareness about the benefits of organic food products, the market’s focus is gradually shifting towards organic production of livestock, which in turn is driving the demand for organic feed additives; and ultimately, the testing of these additives.
Animal Feed Testing Market Challenges
One of the biggest challenges that the animal feed market faces is to ensure the safety of the product. Varied farming practices and contamination of feed by pathogens are affecting the quality of meat. Likewise, the practices of using low-dose drugs and antibiotics for prevention of diseases and hormones to promote faster growth of livestock have attracted a lot of negative attention. However, the rising demand also suggests the need for healthy livestock that is disease free. Most of the animal feed ingredients need to be treated using highly advanced equipment. The high cost of such equipment is a hindrance for small players in the market. Most of the animal feed ingredients imported require treatment using highly advanced machinery. Hence, the testing market for such ingredients will be in line with their demand and cost.
Animal Feed Testing Market Research Scope
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the animal feed testing market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of animal feed testing, and their specific applications in different types of animal feed.
Animal Feed Testing Market Report: Industry Coverage
By Type of Testing: Pathogen Testing, Fats and Oils Analysis, Feed Ingredient Analysis, Metal and Mineral Analysis, Pesticides and Fertilizers Analysis, Drugs and Antibiotics Analysis, Mycotoxin Testing, Nutritional Labeling, Proximate Analysis, and Others
By Type of Feed: Pet Food, Equine Feeds, Aquatic Animals Feeds, Poultry Feed, Cattle Feed, Swine Feed, and Others
Equipment – By Type: Bomb Calorimeter, Atomic Absorption Spectroscope (AAS), Gas Chromatograph-Flame Ionization Detector (GC-FID), Gas Chromatograph-Mass Spectrometer (GC-MS), High Performance Liquid Chromatography (HPLC), and Others
Consumables – By Type: Glass Wares, Reference Standards, Solvents and Reagents, and Others
By End User: Manufacturers, Third Party Testers and Growers / Non-Profits
The Animal Feed Testing Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:
- North America: The U.S., Canada, Mexico
- South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
- Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
- APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
- Middle East and Africa: Israel, South Africa, Saudi Arabia
Animal Feed Equipment Market Key Players Perspective
In 2013, Thermo Fisher Scientific received the NF VALIDATION certificate for its SureTect E.coli 0157:H7 PCR assay, which can detect microorganisms in a broad range of feed and food samples. Commenting on the new development, Vice President David Panneton said: “We are delighted to have received validation certification for our E. coli O157:H7 PCR assay, which is one of a number of assays we offer for molecular food testing.”
Some of the other key players mentioned in the report are Eurofins Scientific, Waters Corporation, Shimadzu Corporation, and Agilent Technologies.
Animal Feed Testing Market Trends
- An emerging market is seen in the developing countries with high growth rate due to increased demand for feed additives and also due to increase in meat export and import.
- The growth in this market is driven by increase in global population and also the expansion of developing economies, boosting the demand for meat; and consequently feed testing.