Europe Residue Testing Market: By Residue Type [Toxins (Mycotoxins and Others), Pesticide Residues (Insecticide, Herbicide, Fungicide, and Others), Food Allergens, Veterinary Drugs, and Heavy Metals], By Technology (Immunoassay, Spectroscopy, Chromatography, and Others), By Application (Dairy products, Fruits & Vegetables, Meat & Poultry, Cereals, Grains & Pulses, Processed Foods, Functional Food Ingredients, Nuts, Seed & Spice, and Others), and Country.      

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Europe Residue Testing Market size was valued at USD 783.0 million in 2022 and is poised to grow at a CAGR of 6.5% from 2023-2029. The market is driven by increasing European Union regulations for residue testing in food like pesticide testing, rising awareness in consumers regarding the risk of pesticide and fungicide consumption, increasing research activities, increasing disease incidence, and the increasing need for food products. As a result, we are increasing safety standards and the increased demand for food security. The residue testing market is surging owing to frequent acquisitions and launchings by the market players. Strategic alliances by the players, such as acquisitions, mergers, expansions, and new product launches, may enhance the company growth. For instance,  In July 2018, Eurofins Scientific, a global scientific leader in bioanalytical testing, announced that it had successfully closed the acquisition of Laboratorios Ecosur S.A., one of the leaders of the Food Safety testing market in Spain. However, the lack of standardization and inappropriate standard of sample collection hampers the europe residue testing market.

Europe Residue Testing Market Key Developments:
  • In December 2020, SGS acquired SYNLAB Analytics & Services. This acquisition will strengthen Group presence in North-Western Europe in environmental testing, food testing, life activities, and oil condition monitoring and allow SGS to enter new markets in the Nordics.

Europe Residue Testing Market Dynamics

In 2021, pesticide residue had a market revenue share of 31.2%, and from 2021 to 2027, it is predicted to increase at a CAGR of 6.2%, increasing awareness of food testing. By technology, chromatography-based testing has a market share of 23.7% and is expected to increase at a CAGR of 6.1% in the future years.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Europe Residue Testing Market Segmentation

By Type
  • Toxins
  • Pesticide Residues
  • Food Allergens
  • Veterinary Drugs
  • Heavy Metal
By Technology
  • Immunoassay
  • Spectroscopy
  • Chromatography (LC, GC, HPLC)
  • Others
By Application
  • Dairy Products
  • Fruits & vegetables
  • Meat & poultry
  • Cereals, grains & pulses
  • Processed foods
  • Functional Food Ingredients
  • Nuts, Seeds & Spices

Frequently Asked Questions

The residue testing market is projected to expand at a CAGR of 6.5% during the forecast period

SCS Global Services, Eurofins Scientific, Bureau Veritas, SGS SA, Intertek Group plc, ALS Limited, AB SCIEX, LLC, Symbio Laboratories

  • SCS Global Services
  • Eurofins Scientific
  • Bureau Veritas
  • SGS SA
  • Intertek Group plc
  • ALS Limited
  • Symbio Laboratories