Agricultural Testing Market by Sample, Technology, Application

List of Tables

The Agricultural Testing Market was valued at USD 6.23 billion in 2023, expected to reach USD 6.76 billion in 2024, and is projected to grow at a CAGR of 9.23%, to USD 11.56 billion by 2030.

Agricultural Testing involves the analysis of soil, water, seeds, fertilizers, and crops to enhance yield, quality, and compliance with safety norms. Its necessity arises from the growing demand for food security, quality assurance, and sustainable farming practices. Various tests, including nutrient analysis, contamination screening, and quality assessment, are applied across crop production, livestock, and aquaculture, serving end-use sectors such as food processing, agrochemicals, and research institutes. Key growth factors include increasing consumer awareness about food safety, advancements in testing technology, and stringent regulations. The growing trend toward organic farming and the use of genetically modified crops further fuels demand, creating opportunities for innovation in rapid and cost-effective testing solutions. Emerging markets in Asia-Pacific and Latin America present potential for significant growth due to expanding agricultural activities and supportive government initiatives. Challenges include high costs of advanced testing equipment and technologies, lack of skilled professionals, and the integration of disparate data sources. The market also faces limitations such as the fluctuating regulatory landscape and regional disparities in testing standards and infrastructure. Innovative areas for research include development of portable and real-time testing kits, utilization of AI and IoT for predictive analytics, and enhancement of genetic testing methods. Companies could focus on collaborative partnerships with tech firms and agricultural stakeholders to drive innovation. Additionally, investment in training programs could address skill gaps, while strategic positioning in high-growth regions can capture emerging opportunities. Overall, the market is dynamic, driven by technological advancements and evolving consumer preferences, necessitating a proactive approach to innovation and adaptation to regulatory changes for sustained business growth and competitive advantage.

KEY MARKET STATISTICS
Base Year [2023]	USD 6.23 billion
Estimated Year [2024]	USD 6.76 billion
Forecast Year [2030]	USD 11.56 billion
CAGR (%)	9.23%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Agricultural Testing Market

The Agricultural Testing Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Rising concern about health and soil fertility for crop production
- Increasing demand of indoor vertical farming
- Government initiatives for agricultural testing and farming
Market Restraints
- High cost associated with agricultural testing
Market Opportunities
- Technological advancements and development of Real Time Kinematic Technology for Agricultural testing
- Rising number of startups and investments in agricultural testing
Market Challenges
- Inaccuracy in providing accurate result of soil fertility

Porter's Five Forces: A Strategic Tool for Navigating the Agricultural Testing Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Agricultural Testing Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Agricultural Testing Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Agricultural Testing Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Agricultural Testing Market

A detailed market share analysis in the Agricultural Testing Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Agricultural Testing Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Agricultural Testing Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Agricultural Testing Market

A strategic analysis of the Agricultural Testing Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Agricultural Testing Market, highlighting leading vendors and their innovative profiles. These include Agilent Technologies, Inc., Agrifood Technology by AWTA Ltd., AGROLAB GmbH, AmSpec Group, AsureQuality Limited, BioChem agrar GmbH, BioMerieux SA, Bureau Veritas SA, Campden BRI, Cawood Scientific Limited, Charm Sciences, Inc., Coolbreeze Solution Pvt. Ltd., Cotecna Group, Daiki Rika Kogyo Co., Ltd., EM Topco Limited, Eurofins Scientific SE, HQTS Group Ltd., IDEXX Laboratories, Inc., Intertek Group PLC, Lloyd Ltd., NEW AGE Laboratories, OMIC USA Inc., Phoslab Environmental Laboratories, R J Hill Laboratories Limited, Romer Labs by Koninklijke DSM N.V., SCS Global Services, SGS SA, Sigma-Aldrich by Merck KGaA, Thermo Fisher Scientific, Inc., and Yanmar Holdings Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Agricultural Testing Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Sample, market is studied across Biosolids, Compost, Manure, Plant Tissue, Seed, Soil, and Water.
Based on Technology, market is studied across Conventional Technology and Rapid Technology. The Conventional Technology is further studied across Agar Culturing. The Rapid Technology is further studied across Enzyme-Linked Immunosorbent Assay, Polymerase Chain Reaction, and Spectrometry & Chromatography.
Based on Application, market is studied across Quality Assurance and Safety Testing.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-4330CC794BE7

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising concern about health and soil fertility for crop production
  - 5.1.1.2. Increasing demand of indoor vertical farming
  - 5.1.1.3. Government initiatives for agricultural testing and farming
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with agricultural testing
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements and development of Real Time Kinematic Technology for Agricultural testing
  - 5.1.3.2. Rising number of startups and investments in agricultural testing
- 5.1.4. Challenges
  - 5.1.4.1. Inaccuracy in providing accurate result of soil fertility
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Agricultural Testing Market, by Sample

6.1. Introduction
6.2. Biosolids
6.3. Compost
6.4. Manure
6.5. Plant Tissue
6.6. Seed
6.7. Soil
6.8. Water

7. Agricultural Testing Market, by Technology

7.1. Introduction
7.2. Conventional Technology
- 7.2.1. Agar Culturing
7.3. Rapid Technology
- 7.3.1. Enzyme-Linked Immunosorbent Assay
- 7.3.2. Polymerase Chain Reaction
- 7.3.3. Spectrometry & Chromatography

8. Agricultural Testing Market, by Application

8.1. Introduction
8.2. Quality Assurance
8.3. Safety Testing

9. Americas Agricultural Testing Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Agricultural Testing Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Agricultural Testing Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
12.4. Strategy Analysis & Recommendation

Companies Mentioned

1. Agilent Technologies, Inc.
2. Agrifood Technology by AWTA Ltd.
3. AGROLAB GmbH
4. AmSpec Group
5. AsureQuality Limited
6. BioChem agrar GmbH
7. BioMerieux SA
8. Bureau Veritas SA
9. Campden BRI
10. Cawood Scientific Limited
11. Charm Sciences, Inc.
12. Coolbreeze Solution Pvt. Ltd.
13. Cotecna Group
14. Daiki Rika Kogyo Co., Ltd.
15. EM Topco Limited
16. Eurofins Scientific SE
17. HQTS Group Ltd.
18. IDEXX Laboratories, Inc.
19. Intertek Group PLC
20. Lloyd Ltd.
21. NEW AGE Laboratories
22. OMIC USA Inc.
23. Phoslab Environmental Laboratories
24. R J Hill Laboratories Limited
25. Romer Labs by Koninklijke DSM N.V.
26. SCS Global Services
27. SGS SA
28. Sigma-Aldrich by Merck KGaA
29. Thermo Fisher Scientific, Inc.
30. Yanmar Holdings Co., Ltd.