Market Size of Feed Testing Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.54 Billion |
| Market Size (2029) | USD 4.04 Billion |
| CAGR (2024 - 2029) | 9.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Feed Testing Market Analysis
The Feed Testing Market size is estimated at USD 2.54 billion in 2024, and is expected to reach USD 4.04 billion by 2029, growing at a CAGR of 9.80% during the forecast period (2024-2029).
- Owing to the rising awareness about meat safety across the world, the global feed testing market has witnessed high demand. The regulatory bodies have been implementing several feed testing regulations to manufacture safe feed of high quality, using good manufacturing practices (GMP), good agriculture practices (GAP), and hazard analysis critical control point (HACCP) systems.
- The majorly used feed substances, like cereals, are prone to fungal growth, owing to high moisture levels. Thus, the mycotoxin testing segment holds the major share in the feed testing market. Mold, yeast, vomitoxin counts, mold identification, and enterobacteria counts are gaining popularity in the feed testing market. Owing to the strict government regulations, North America has the major share in the market, followed by Europe.
