Agricultural Testing Market

Market Leaders: Major Players are Focusing on Acquisitions and Collaboration to Strengthen their Market Position in Agricultural Testing Market

According to MarketsandMarkets, the agricultural testing market is projected to reach USD 9.8 billion by 2028 from USD 6.7 billion by 2023, at a CAGR of 7.1% during the forecast period in terms of value. The demand for agricultural testing is increasing due to several factors. Concerns about food safety and public health drive the need for testing to identify contaminants and ensure the safety of agricultural products. Quality assurance is another driver, as testing helps determine nutrient content, maturity, and genetic modifications to meet market requirements. Environmental concerns prompt testing to assess soil health and detect contamination. Testing also aids in optimizing crop yields by identifying nutrient deficiencies and managing pests. International trade requires testing to comply with regulations, while advancements in technology make testing more efficient and accessible. These factors collectively contribute to the rising demand for agricultural testing.

The key players in this market include SGS (Switzerland), Eurofins (Luxembourg), Intertek (UK), Bureau Veritas (France), ALS Limited (Australia), TUV Nord Group (Germany), Merieux (US), AsureQuality (New Zealand), RJ Hill Laboratories Limited (New Zealand), SCS Global (US), Agrifood Technology (Australia), APAL Agricultural Laboratory (Australia), Agvise Laboratories (US), LGC Limited (UK), and Water Agricultural Laboratories (US). These players have adopted various growth strategies such as collaborations and acquisitions to increase their global market presence.

To know about the assumptions considered for the study download the pdf brochure

SGS (Switzerland), primarily offers inspection, verification, testing, certification, and quality assurance services. The company has five business segments:  connectivity & products, health & nutrition, industries & environment, natural resources and knowledge. Agricultural testing is provided under the natural resources segment.  The company operates in more than 140 countries, with a network of over 2,600 offices and laboratories across Europe, the Middle East, the Americas, Africa, and Asia Pacific. Its subsidiaries include SGS North America Inc. (US), SGS Germany GmbH (Germany), SGS India Private Ltd (India), and SGS United Kingdom Limited (UK). Major competitors of the company include Eurofins (Luxembourg), Intertek (UK), and Bureau Veritas (France), among others.  In January 2022, SGS announced a collaboration with Transmute, a blockchain technology company, to develop supply chain solutions using blockchain technology. The collaboration will focus on developing a platform that provides transparency and traceability across supply chains.

Eurofins (Luxembourg), is an international group of laboratories that provides testing and support services to the pharmaceutical, food, environmental, agricultural, and consumer products industries as well as to governments. The company capitalizes on a portfolio of 130,000 reliable analytical methods that enable it to offer services that characterize the safety, identity, purity, composition, authenticity, and origin of products and biological substances. In April 2023, Eurofins acquired Inlabtec AG, a Swiss manufacturer of microbiological testing equipment. The company acquired Inlabtech AG to expand its testing equipment. Similarly, in July 2022, WESSLING is one of the leading environmental, food and BioPharma product testing laboratories in Hungary. Eurofins acquiring WESSLING to expand the existing presence in the country, which includes five laboratories in the fields of food, feed, environment, agro, and veterinary testing.

Intertek (UK), is a London-based firm that is a total quality assurance provider to various industries.  It serves manufacturers, retailers, governments, and traders across various industries, globally. The company’s major services include testing, inspection, product certification, and commodities & systems. It operates through 3 business divisions, namely, products, trade, and resources. The company offers agricultural testing through its products division. Intertek operates more than 1,000 laboratories and offices in over 100 countries around the world. The company's global network of laboratories is designed to support its wide range of assurance, testing, inspection, and certification services across various industries. Including 20 high-tech food testing laboratories in Germany, Great Britain, and Shanghai, and testing facilities in Beijing, India, Vietnam, and the Philippines. The company operates through 1,000 locations in over 100 countries across North and South America, Europe, the Middle East, Africa, and Asia Pacific. In May 2020, Intertek and Agri-TechE, a UK-based organization focused on advancing agricultural technology innovation, announced a collaboration to develop and promote innovative testing solutions for the agricultural industry.

Related Reports:

Agricultural Testing Market by Sample (Soil, Water, Seed, Compost, Manure, Biosolids, Plant Tissue), Application (Saftey Testing, Quality Assurance), Technology (Conventional, Rapid) and Region ( North America, Europe, APAC, Row) - Global Forecast to 2028

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Agricultural Testing Market Size,  Share & Growth Report
Report Code
AGI 3375
RI Published ON
Choose License Type

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status