Market Overview

Global Agricultural Testing Market 2018-2022 | Initiatives to Improve Agricultural Output to Drive Demand | Technavio

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Technavio
analysts forecast the global agricultural testing market to grow at a
CAGR of over 6% during the forecast period, according to their
latest market research report.

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Technavio has published a new market research report on the global agricultural testing market from  ...

Technavio has published a new market research report on the global agricultural testing market from 2018-2022. (Graphic: Business Wire)

The global initiatives to improve agricultural output is one of the
major trends being witnessed in the global
agricultural testing market 2018-2022
. The growing population
has increased the need for food safety and security, which will
ultimately accelerate the demand for agriculture procedure. There are
several initiatives globally that aim to improve the agriculture
industry.

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According to Technavio analysts, one of the key factors contributing to
the growth of the global agricultural testing market is the marked
increase in soil and water contamination:

Global agricultural testing market: Marked
increase in soil and water contamination

Rapid urbanization and increasing number of commercial, residential, and
industrial construction projects are encroaching upon agricultural land
that has led to the agricultural pollution. For instance, disposal of
industrial and agricultural waste in local bodies of water had led to
water pollution. As a result, contaminated water seeps into the soil
exposing the crops to small amounts of mercury, arsenic, lead, and
cadmium dissolved in it. In such situations, agricultural testing
services help combat the declining agricultural productivity.

According to a senior analyst at Technavio for research on life science
research tools, "Companies such as SGS provide water testing to
evaluate water quality and contamination levels due to the presence of
heavy metals such as arsenic and chromium. Therefore, agricultural
testing services help farmers, environmental agencies, and others to
combat the decline in agricultural productivity and the risk of crop
failure."

Global agricultural testing market:
Segmentation analysis

The global agricultural testing market research report provides market
segmentation by application (soil testing, water testing, seed testing,
and others), by product (testing services and instruments), and by
region (the Americas, EMEA, and APAC). It provides an in-depth analysis
of the prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.

Of the major applications, the soil testing segment held the largest
market share in 2017, contributing to nearly 53% of the market. This
application segment will dominate the global market throughout the
forecast period.

The Americas held the largest share of the market in 2017, accounting
for more than 40% share. It was followed by EMEA and APAC respectively.
Although APAC held the smallest share of the market, it is expected to
witness the maximum increase in its market share over the forecast
period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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