Global Antibiotic Residue Test Kits Market, By Product Type (Beta-Lactams, Tetracycline, Amphenicols, Macrolides, Aminoglycosides, Sulfonamides), End-User (Food and Beverages Industry, Independent Laboratories, Veterinary, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Antibiotic residue test kits market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 313.88 million and grow at a CAGR of 6.31% in the above-mentioned forecast period. Rising awareness for the benefits and essentiality of antibiotic residual test kits in the food & beverages drives the antibiotic residue test kits market.
Simple diagnostic kits are frequently and extensively used in detecting antibiotics residues in food of animal origin. Rising improvements in antibiotics residue diagnostics have extended the accuracy of these tests in unprocessed meat or inspect raw milk at the arrival phase. Therefore, in the upcoming years, antibiotic residue test kits will be witnessing a considerable traction in terms of adoption, due to distinguished developments towards enhancing the diagnostic efficacy.
Rising demand from dairy and food & beverages industry is the vital factor escalating the market growth, also increasing health consciousness and health benefits of antibiotic residue test kits, increasing advancements in antibiotic residue diagnostics have extended their use of test kits to detect the presence of such residue in food originating from animals, which in turn increases the demand for the product, rise in veterinary due to growing number of pets, and technologically advanced products and rising adoption of antibiotic residue test kits due to rising traction as a food safety measure are the major factors among others driving the antibiotic residue test kits market. Moreover, rising rapid advancements in the kits, rising technological advancements and modernization in the production techniques, rising research and development activities in the healthcare sector and rising emerging markets will further create new opportunities for antibiotic residue test kits market in the forecasted period of 2021-2028.
However, less awareness about antibiotic residue test kit and its test among the population is the vital factor among others which will obstruct the market growth, and will further challenge the growth of antibiotic residue test kits market in the forecast period mentioned above.
Antibiotic residue test kits market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on antibiotic residue test kits market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Antibiotic Residue Test Kits Market Scope and Market Size
Antibiotic residue test kits market is segmented on the basis of product type and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, antibiotic residue test kits market is segmented into beta-lactams, tetracycline, amphenicols, macrolides, aminoglycosides and sulfonamides.
- The antibiotic residue test kits market is also segmented on the basis of end-user into food and beverages industry, independent laboratories, veterinary and others.
Antibiotic Residue Test Kits Market Country Level Analysis
Antibiotic residue test kits market is analysed and market size insights and trends are provided by country, product type and end-user as referenced above.
The countries covered in the antibiotic residue test kits market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the antibiotic residue test kits market due to rising presence of major consumer base in the U.S. and rise in veterinary due to growing number of pets, and technologically advanced products in this region. Europe is the second largest region in terms of growth in antibiotic residue test kits market due to rising large consumer base, growing food and beverages industry, and highly developed healthcare and biotechnology industry infrastructure in this region.
The country section of the antibiotic residue test kits market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Antibiotic residue test kits market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for antibiotic residue test kits market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the antibiotic residue test kits market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Antibiotic Residue Test Kits Market Share Analysis
Antibiotic residue test kits market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to antibiotic residue test kits market.
The major players covered in the antibiotic residue test kits market report are DSM, Thermo Fisher Scientific Inc., PerkinElmer, Inc, Charm Sciences, NEOGEN Corporation, IDEXX Laboratories, R-Biopharm AG, Eurofins Scientific and DH Tech. Dev. Pte. Ltd. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Antibiotic Residue Test Kits Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.