Market Leaders – Agriculture Biologicals Testing Market
Key players in the agricultural biologicals testing market include SGS S.A. (Switzerland), Eurofins Scientific SE (Luxembourg), BioTecnologie BT (Italy), SynTech Research (U.S.), RJ Hill Laboratories Ltd.(New Zealand), Staphyt SA (France), Anadiag Group (France), I2L Research (U.K.), Apal Agricultural Laboratory (Australia), LAUSGmbH (Germany), and Bionema Limited (U.K.).
The key market players have adopted strategies such as mergers, acquisitions & expansions of business operations to meet the high demand for agricultural biologicals testing registration. They are focusing on expanding their operations in emerging markets such as Asia-Pacific and strengthening their R&D capabilities by investing in advanced technology in order to offer a diversified service portfolio for different client requirements, particularly in the field support segment. The key driving factors of the agricultural biologicals testing market include increasing organic crop cultivation, awareness regarding the toxic effects of chemical pesticides, and high investment in the development of new biological products by manufacturing companies.
The core strengths of the key players in this market are their aggressive acquisitions and strategic mergers, to diversify the business geographically, and enhance technical know-how about testing services. Market leaders such as SGS S.A. (Switzerland), Eurofins Scientific SE (Luxembourg), and SynTech Research (U.S.) have successfully tapped the potential markets such as European and North American region through acquisitions and expansions. The key companies, in order to enhance and maintain their position in the market, focus on introducing and offering customized testing solutions for new biopesticides, biofertilizers, or biostimulants, in the form of trials conducted under controlled climatic conditions.
SGS S.A. (Switzerland) is one of the major players in the global agricultural biologicals testing market. The company has expanded its operations in the South East Asian region and countries of Africa in order to tap the potential in these markets. The increased services offered helps the manufacturers of agricultural biologicals to conduct field trials of their products in such areas and in turn increases the adoption rate of products.
Eurofins Scientific SE (Luxembourg) has strengthened its position in several segments of the testing industry including agricultural biologicals testing through strategies such as expansions and acquisitions. The company has acquired laboratories in Malaysia, Spain, the Netherlands, Australia, and New Zealand to add to its team of technical field experts and facilities. As testing of each product requires climatic conditions similar to its destination market, the acquisitions in different geographic regions have helped the company in providing customized solutions to its clients.
Related Reports:
Agricultural Biologicals Testing Market by Product Type (Biopesticides, Biofertilizers, Biostimulants), Application (Field Support, Analytical, Regulatory), End User, and Region - Global Forecast to 2021
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