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Grain Analysis Market by Grain Type, Target Tested, Technology, End Use, Component And Region - Global Forecast to 2022

Grain Analysis Market: Target until 2022

  • September 2017
  • 153 pages
  • ID: 5095360
In this report:
The cereals segment is expected to be the largest in size, accounting for a market share of ##.##% in 2016, whereas the pulses segment is projected to grow at a CAGR of ##.##% during the forecast period to reach USD ##.## million by 2022.
The cereals segment is projected to reach USD ##.## million by 2022 from USD ##.## million in 2016, whereas the oilseeds segment is expected to grow at a CAGR of ##.##% during the forecast period.

Summary

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The grain analysis market forecasted to grow at a CAGR (Compound annual growth rate) of 5.80 percent.

The grain analysis market is estimated to grow 2,323.1 million by 2022, at a compound annual growth rate of 5.80 percent between 2017 and 2022. The sector is influenced by a rise in the outbreak of foodborne illnesses, globalization in grain trade, and stringent safety and quality regulation for food & feed. Lack of coordination between market stakeholders and improper enforcement of regulatory laws & supporting infrastructure in developing economies are the main restraints for this sector.

Food led the industry with the biggest market share in 2016.

The food segment was the biggest in 2016 and is expected to grow at a better compound annual growth rate during the outlook period. Rise in grain trade including import and export, their increasing use as an ingredient in new food products, government efforts to assure optimum nutrition in food, and complexities in the food supply chain have led to the rigorous testing of grains.

Consumables & reagents expected to be the quickest increasing component segment between 2017 and 2022.

The grain analysis market, by component, was dominated by the instruments segment in 2016.The dominance of instruments is attributable to the introduction of sophisticated & improved technologies, rised effectiveness of instruments, and high price of such instruments compared to other components.

The sector for consumables & reagents is intended to be the quickest-rising during the forecast period.Consumables & reagents are vital components to be used to follow the set compliances of equipment.

Accordingly, growing technical and regulatory complexity and their wide use in distinct instruments is driving this industry.

Europe (EU) led the industry with the biggest share in 2016.

EU was the biggest grain analysis market in 2016 as it has the most stringent regulations in place to make sure that grains used in both food and feed are safe for human as well as animal consumption.Futhermore, it has the more significant number of testing laboratories among all other regions and tests the most number of grain samples.

Asia-Pac is forecasted to be the quickest-increasing area during the forecast period due to increasing consumer awareness and rising health consciousness along increasing investments by testing firms in the territory.

The breakdown of the primaries on the basis of company, description, and area, conducted during the business research study, is like:

• By Company category: Tier 1 - 35.0 percent, Tier 2 -45.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, D-Level- 25.0 percent,Others - 40.0 percent

• By Area: North America continent - 45.0 percent, Europe (EU) - 30.0 percent, Asia Pacific (APAC) - 20.0 percent, and, RoW - 5.0 percent

Key grain analysis equipment providing actors contain the following:

• Thermo Fisher Scientific, Incorporated

The top players in the grain analysis market approved acquisition as their top increase strategy to rise their share of market and profits. Business developments & market investments recorded for the second more important percentage of the total developments, succeeded by acquisitions.

Segment Research

The industry report examines the grain analysis market across various target tested and localities.It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including grain type, target tested, technology, end use, component, and area.

Moreover, the study also comprises a detailed competitive analysis of the top players in both services and equipment market together with their company descriptions, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector by providing them the closest approximations of the revenue numbers for the global grain analysis market and the sub-segments.This industry report will facilitate partners to better find out the competitor overview and obtain additional insights to better option their businesses and make suitable go-to-market approaches.

The market research will also assist the partners to comprehend the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

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