North America Residue Testing Market: By Residue Type (Toxins, Pesticide Residues, Food Allergens), 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) and Region  

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North America Residue Testing Market was valued at USD 1,323.9 million in 2022 and is poised to grow at a CAGR of 6.0% from 2023 to 2029. The adoption and application of strict food safety rules, such as the zero-tolerance policy for Listeria contamination, has fuelled the growth of residue testing. The new Food Safety Modernization Act (FSMA) laws will have a significant impact on the food sectors in North America as consumers demand greater transparency regarding food safety. With recent revelations of arsenic in apple juice and acrylamide in processed potatoes and cereals, consumer awareness of u.s specialty oleochemicals tests is growing. In 2021, pesticide residue had a market revenue share of 27.9%, and from 2022 to 2028, it is predicted to increase at a CAGR of 5.4%, increasing awareness of food testing. By technology, chromatography-based testing has a market share of 31.3% and is expected to increase at a CAGR of 6.1% in the future years. However, the lack of standardization and inappropriate standard of sample collection hampers the residue testing market.

North America Residue Testing Market Key Developments:

  • In August 2018, ALS Limited acquired Truesdail Laboratories, LLC (TLI). ALS is a leading testing, inspection, certification, and verification company. With this acquisition, both companies will broaden ALS testing solutions delivering substantial value to existing and new customers.

North America Residue Testing Market Dynamics

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’s growth. In June 2018, Bureau Veritas is pleased to announce the new addition of highly sophisticated analytical services for “Residues & Contaminantsâ€Ãƒâ€šÃ‚ in food and beverage samples at their Food & Water Testing Laboratory. This method is recognized worldwide for detecting and accurately quantifying various food risks, including newly discovered and emergent food-related problems.

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

North America 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 north america residue testing market is projected to expand at a CAGR of 6.3% during the forecast period

SGS SA, Intertek Group plc, Eurofins Scientific, Bureau veritas S.A., ALS Limited, Neogen Corporation, Idexx Laboratories, AsureQuality, Charm Sciences, Inc., Microbac Laboratories, Inc., Unisensor

  • SGS SA
  • Intertek Group plc
  • Eurofins Scientific
  • Bureau veritas S.A.
  • ALS Limited
  • Neogen Corporation
  • Idexx Laboratories
  • AsureQuality
  • Charm Sciences, Inc.
  • Microbac Laboratories, Inc.
  • Unisensor