Vietnam Pesticide Residue Testing
Market is projected to post stable growth by 2027, owing to the growing
preference of organic foods among consumers. Increasing health-consciousness
coupled with the rising awareness of harmful effects of chemicals on human as
well as animal health will ensure robust growth of the Pesticide residue
testing market by 2027. Additionally, stringent government regulations to
ensure food safety and quality is expected to drive the growth of the market during
the forecast period.
The government has strict regulations over the levels of
chemicals that should be used to curb the harmful effects of biomagnification
on the environment as well as on the human health. Further, technological
advancements in testing procedures will propel the growth of the market in the
forecast period. Testing methods such as liquid chromatography combined with
mass spectrometry, is gaining popularity as it is highly sensitive.
Based
on the technology, the Vietnam Pesticide Residue Testing Market is dominated by
HPLC segment which is also expected to maintain its position during the forecast
period owing to the convenience factor associated with chromatography and the
ease of use. Based on the type, the herbicide segment holds the largest market
share and is projected to lead the market by 2027 due to increasing adoption by
farmers to protect crops from weeds and other plants.
Some of the leading players in the
Vietnam Pesticide Residue Testing Market are Eurofins Scientific Se, Bureau
Veritas S.A., SGS S.A., Intertek Group PLC, Silliker, Inc., ALS Limited, Asurequality
Ltd., SCS Vietnam Services, Microbac Laboratories Inc, Symbio Laboratories etc.
Objective of the Study:
- To analyse and forecast the
market size of Vietnam Pesticide Residue Testing Market, in terms of value.
- To classify and forecast Vietnam
Pesticide Residue Testing Market based on type, technology, class, food
tested and regional distribution.
- To identify drivers and
challenges for Vietnam Pesticide Residue Testing Market.
- To examine competitive
developments such as expansions, new product launches, mergers &
acquisitions, etc., in Vietnam Pesticide Residue Testing Market.
- To conduct the pricing
analysis for Vietnam Pesticide Residue Testing Market.
- To identify and analyse the
profile of leading Testing kit providers in the Vietnam Pesticide Residue
Testing Market.
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TechSci Research performed both primary as well as exhaustive secondary
research for this study. Initially, TechSci Research sourced a list of Testing kit providers in Vietnam. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the Pesticide Residue Testing Market testing kit
providers which could not be identified due to the limitations of secondary
research. TechSci Research analysed the retailers, distribution channels and
presence of all major Testing kit providers in Vietnam.
TechSci Research calculated the market size of Vietnam Pesticide Residue Testing Market
using a bottom-up approach, where data for
various product types recorded and forecast for the future years. TechSci
Research sourced these values from the industry experts and company
representatives and externally validated through analysing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company website, news articles, press
releases, company annual reports, investor presentations and financial reports
were also used by TechSci Research.
Key Target
Audience:
- Pesticide Residue Testing Providers
- Dealers and Suppliers
- Regulatory organizations.
- Food processing industries.
- Raw material suppliers and
distributors.
- Research organizations and
consulting companies.
- Biotechnology Companies.
- Market research and
consulting firms.
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as Testing kit providers,
distributors and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million and CAGR for
2017-2021 and 2022E-2027F
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Report coverage
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Revenue forecast, company share, competitive
landscape, growth factors, and trends
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Segments covered
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·
Type
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Technology
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Class
·
Food Tested
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Regional scope
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Central Region, Northern Region, Southern Region
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Key companies profiled
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Eurofins Scientific Se, Bureau Veritas
S.A., SGS S.A., Intertek Group PLC, Silliker, Inc., ALS Limited, Asurequality
Ltd., SCS Vietnam Services, Microbac Laboratories Inc, Symbio Laboratories.
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Customization scope
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10% free report customization with purchase.
Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to
meet your exact research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide the
editable version of the report in PPT/Word format on special request)
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Report Scope:
In this report, Vietnam Pesticide
Residue Testing Market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
·
Market, By Type:
- Herbicides
- Insecticides
- Fungicides
- Others
i. Acaricides
ii. Nematicides
iii. Rodenticides
iv. Disinfectants
·
Market, By Technology:
- Single Residue Method
- Multiple Residue Method
- LC-MS/GC-MS
- High Performance Liquid Chromatography (HPLC)
- Gas Chromatography
- Others
- Market, By Class:
- Organochlorines
- Organophosphates
- Organonitrogens & Carbamates
- Others
- Market, By Food Tested:
- Meat & Poultry
- Dairy Products
- Processed Food
- Fruits & Vegetables
- Cereals, Grains & Pulses
- Others
- Market, By Region:
- North Vietnam
- South Vietnam
- Central Vietnam
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Pesticide Residue Testing Market segment.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according the company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis
in case of direct and indirect sales channel.
It is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]