Animal Feed Safety Testing Market (2022 - 2030)_Sample Extract

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Topics Slide No Chapter 01: Animal Feed Safety Testing Market- Overview Chapter 01: Animal Feed Safety Testing Market- Overview - 004 Chapter 02: Animal Feed Safety Testing Market– Executive Summary Chapter 02: Animal Feed Safety Testing Market– Executive Summary Chapter 03: Animal Feed Safety Testing Market– Comparative Analysis Chapter 04: Animal Feed Safety Testing Market- Industry Market Entry Scenario - 007 Chapter 03: Animal Feed Safety Testing Market– Comparative Analysis - 012 Chapter 04: Animal Feed Safety Testing Market- Industry Market Entry Scenario - 023 Chapter 05: Animal Feed Safety Testing Market- Start-up Companies Scenario Chapter 06: Animal Feed Safety Testing Market- Forces - 029 Chapter 06: Animal Feed Safety Testing Market- Forces - 032 Chapter 07: Animal Feed Safety Testing Market- Strategic Analysis Chapter 07: Animal Feed Safety Testing Market- Strategic Analysis Chapter 08: Animal Feed Safety Testing Market- By Type Chapter 09: Animal Feed Safety Testing Market – By Testing Type Chapter 10: Animal Feed Safety Testing Market- By Application Chapter 11: Animal Feed Safety Testing Market – By Testing Technology Chapter 12: Animal Feed Safety Testing Market- By Geography Chapter 13: Animal Feed Safety Testing Market Entropy Chapter 14: Animal Feed Safety Testing Market Industry Competition Landscape Chapter 15: Animal Feed Safety Testing Market Key Company List By Country Chapter 16: Animal Feed Safety Testing Market – Company Analysis Chapter 17: Animal Feed Safety Testing Market– Research Methodology - 045 Chapter 08: Animal Feed Safety Testing Market- By Type - 058 - 063 Chapter 10: Animal Feed Safety Testing Market- By Application - 076 - 084 Chapter 12: Animal Feed Safety Testing Market- By Geography - 100 - 139 - 142 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC - 153 Chapter 16: Animal Feed Safety Testing Market – Company Analysis - 155 - 178 Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Overview ❖ Feed safety testing is used to understand the content in animal feed to ensure it is safe for consumption by animals. For this purpose, many tests are conducted, including microbiology analysis, heavy metal & vitamin analysis, and amino acids & pigment analysis. These tests also ensures that the required nutrients are balanced and determines whether nutritional supplements are necessary, both of which are essential for effective livestock production. ❖ Manufacturers and consumers need to confirm that their animal feed has successfully undergone the necessary contamination tests. Consequently, the growing need for high-quality animal feed is ultimately driving the growth of the feed testing market. ❖ The growth of the animal feed safety testing market is influenced by a number of factors, including the rise in outbreaks of pet foodborne illness around the world, the installation of stringent quality control in feed production, and the requirement for research and development. ❖ The market for animal feed safety testing is rising as animal rearing activities for dairy, egg, and meat products increase globally. According to the 2021 Alltech Global Feed Survey, the amount of feed produced globally increased by 1% in 2017, reaching 1,187.7 million metric tonnes (MMT). The market for animal feed safety testing is expanding as a result of the increase in animal rearing, creating new prospects for these services. ❖ The market's growth is predicted to be accelerated by increasing product launches by market participants. For instance, Thermo Fisher Scientific (US) released the Thermo Scientific Vanquish Core HPLC systems in 2020 to maintain continuous throughput and deliver trustworthy analytical results. Historical Context • Albrecht Daniel Thaer, a German scientist, created the first feed standards in 1810 by evaluating possible feedstuffs against meadow hay and establishing a "hay value" as a benchmark. • About 50 years later, the Weende Experiment Station in Germany developed the "proximate analysis system," which allowed feed to be analysed for certain defining characteristics that were used to determine crude fibre, nitrogen, ash, and moisture. Although somewhat limited in usefulness, the "proximate analysis system" is still in use today for basic comparisons of nutrient value in feedstuffs. Definition & Market Scope • Animal Feed Safety Testing is used to evaluate the requirement for nutrient supplements and balance rations, both of which are safe to consume and essential for effective livestock production. • The historic year of the study is 2018 to 2020, base year of the study is 2021, with a forecast done up to 2030. The study presents a thorough analysis of the competitive landscape, considering the market shares of the leading companies. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Market Classification By Type By Testing Type By Application By Testing Technology Geography • Testing Kits & Instruments • Reagents and Consumables • Testing Services • Antibiotics & Drugs • Mycotoxin Analysis • Pathogen Testing • Fat And Oil Analysis • Feed Ingredient Analysis • Metal And Mineral Analysis • Nutritional Labelling • Pesticides & Fertilizers Analysis • Proximate Analysis • GMO Testing • Others • Poultry Feed • Dairy Feed • Equine Feed • Pet Food • Fish Feed • Others • Polymerase Chain Reaction (PCR) • Nuclear Magnetic Resonance (NMR) • Immunoassay • Enzyme Linked Immunosorbent Assay • Chromatography • Liquid Chromatography • Gas Chromatography • Others • Mass Spectrometry • Irradiation • Biochip/Biosensors • Agglutination • North America • South America • Europe • Asia-Pacific • Rest of The World Copyright ©2024 IndustryARC • Others Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

❖ Government regulations frequently demand that the formula be tested even if there is a minor change in the ingredients or nutritional content. This is performed in order to repeatedly check for contamination and determine whether the alteration hasn't led to a potential change in nutritional worth. One of the main causes of frequent testing, this aspect fuels the market for assessing the safety of animal feed. Another factor that encourage Animal Feed Safety Testing market growth is the increasing frequency of contamination in pet food and animal feed. Global Animal Feed Safety Testing Market- Revenue, 2018-2030 ($M) 4,000.0 3,500.0 3,000.0 Revenue ($M) 2,500.0 2,000.0 1,500.0 1,000.0 500.0 - 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 ❖ The global Animal Feed Safety Testing Market is estimated to be $1,795.8m in 2021 and is projected to reach $3,463.2m by 2030 growing at a CAGR of 8.1% over the forecast period 2022-2030. The market is expected to rise as more kits and instruments is getting launched by market key players. For instance, the WaveGuide FormlaTM, released in February 2020, is the only small, battery-powered scientific instrument in the world that can quickly screen and diagnose a wide range of solid and liquid substances. Nuclear Magnetic Resonance (NMR) portable micro instrument pioneers include WaveGuide Corporation. Although the Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC legal standards as a level of quality are still insufficient, the expanding animal feed safety testing market is subject to strict standards in terms of both flavour and quality testing, making it challenging for suppliers to ensure their products reach their full potential. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Global Animal Feed Safety Testing Market Revenue Share, By Type, 2021(%) ❖ By Type, the testing services segment is dominating the Animal Feed Safety Testing Market in 2021 and is estimated to grow at a CAGR of 8.3% during the forecast period of 2022-2030. The increasing need for high-quality animal feed is a driving force behind the growth of feed testing services. ❖ However, Reagents & Consumables by type is set to be the fastest-growing segment with a CAGR of 9.8% during the forecast period 2022-2027 and is projected to generate a revenue of $2,400 by 2030. ❖ By providing results that are trustworthy, accurate, and quick, testing services assist in ensuring that animal feed is of the highest quality order to feed the animals. For this, high- quality reagents and consumables with an uninterrupted supply of reagents and other lab supplies are crucial, and this is what is fuelling market expansion. ❖ By Testing Type, the Pathogen testing type segment is dominating the Animal Feed Safety Testing Market in 2021 and is estimated to grow at a CAGR of 8.7% during the forecast period of 2022-2030. Each year, foodborne bacteria cause millions of cases of infectious gastrointestinal disorders to be recorded. Moreover, processes like pathogen evolution are anticipated to be the primary drivers of newly emerging foodborne pathogens and foodborne illnesses. As a result, feed producers all over the world are actively doing their tests, which is fuelling industry expansion. ❖ However, GMO testing by testing type is set to be the fastest-growing segment with a CAGR of 10.2% during the forecast period 2022-2030 and is projected to generate a revenue of $255.4m by 2030. This is mainly owing to the increasing consumer knowledge of animal genetically modified organisms and successful technical advancements around the world. The demand for GMO testing to improve the best feed quality in the approaching years will also rise as the development of GMO edible feed products rises. Testing Kits & Instruments Reagents and Consumables Testing Services Global Animal Feed Safety Testing Market CAGR, By Testing Type, 2022-2030 (%) Others GMO Testing Proximate Analysis Pesticides & Fertilizers Analysis Nutritional Labelling Metal And Mineral Analysis Feed Ingredient Analysis Fat And Oil Analysis Pathogen Testing Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Mycotoxin Analysis Antibiotics & Drugs 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% CAGR (2022-2030) % Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Global Animal Feed Safety Testing Market-Drivers, 2021–2030 Short Term (2021–2023) Medium Term (2024–2027) Long Term (2028–2030) Drivers The regulatory bounds created by government and other safety governing councils have pulled immense market participation. The growing demand for meat products has increased the demand for feed thereby positively affecting the market growth for feed-safety testing. A rise in adulteration of end-products has raised questions pertaining to inputs which has augmented the demand for feed-testing. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Low High Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

The emergence of the Russia-Ukraine War and dampening production capacities impedes the need for feed-testing: ❖ Russia’s invasion of Ukraine has destroyed billions of dollars worth of infrastructure, blocked commodity exports from the ports of Azon-Black Sea Basic and has actively displaced 12 million people. As per a testament from World Bank, the Ukrainian economy will shrink by 45% in 2022. Critically, feed- production was referred to as an important industry generating millions in revenue. USDA reports suggest that wheat production, a critical feed for poultry will fall to 21.5 million metric tons in 2022, from 33 million a year before. ❖ As of the season 2019/2020, Ukraine produced 6.2 million tons of feed, which was 2% up from the previous five fiscal years, while in 2021- the production stood at 6 million tons. Moreover, the Interregional Union of Poultry and Feed Manufacturers of Ukraine forecasted that the production would grow by 40% to 11 million tons in the next few years. If the said forecast would have stood true, the feed-safety testing agencies might have benefitted multifold. ❖ As of late May, Russia had occupied nearly 20% of Ukrainian territory with imports of feed additives actively banned or stranded. Ukraine is the breadbasket of the world. In a normal year, it grows enough food (mostly wheat, maize, and cooking oil) to feed 400 million people and as many livestock. ❖ Europe’s largest egg farm has lost 4 million due to a lack of feed in April. Furthermore, the financial losses sustained by the company owing to the war were $51 million, however, experts estimate the losses could be larger. ❖ As per data from International Food Policy Research Institute, the Russia-Ukraine war has made 23 countries stop exporting critical grains for food and feed production. The restrictions would affect about 17.3% of total calories traded globally, up from 5.6% before the war. With reduced input for production, the need for feed-safety testing agencies will suffer, impeding their growth in critical revenue-generating areas. Global-Real GDP Growth (%)- Before Russia-Ukraine Invasion and Post Russia-Ukraine Invasion 7.00% 6.00% Real GDP Growth (%) 5.00% 4.00% Before War 3.00% After War 2.00% 1.00% 0.00% 2021 2022 2023 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Source: International Monetary Fund (IMF) Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

7.1 VALUE CHAIN ANALYSIS (1/6) Global Animal Feed Safety Testing Market- Value Chain Feed Manufacturing Feed Inspection & Safety Tests Component Supplier Supplier Feed Growers Distributors End-Users Equipment Manufacturer Research and Development Regulatory Controls Feed Production Feed Packaging and Quality Control Tests Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Regulations & Legislations by Governmental Agencies, Regulatory Bodies throughout the chain. Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Substantiated seafood consumption is expected to flourish the industry development: ❖ The amount of meat consumed in underdeveloped countries has increased three times faster than in developed countries. The need for livestock is driving the livestock revolution. People are eating more processed chicken and meat products at home, in restaurants, in fast food restaurants, and in other places around the world. According to figures from The World Counts, global meat consumption is expected to reach 460 to 570 million tonnes by 2050. Thereby, creating favorable opportunities for feed-testing, as major prohibited additives will come into play-which would be deterred by using feed-safety testing mechanisms. ❖ Meat's popularity as a nutritious and delicious food will continue for some time, but challenges to how it is produced and its influence on health will be under increasing strain in the immediate and foreseeable future and boost the demand for feed-safety testing. ❖ Meat quality testing standards are constantly changing to ensure that food manufacturers produce the highest-quality products possible. To provide “high- quality” output manufacturers would ensure that inputs such as feed for livestock don’t get compromised. Tyson Foods recalled over 8.9 million pounds of ready- to-eat chicken products in July due to the possibility of Listeria monocytogenes contamination. The large recall quantity exemplifies the breadth of pathogen testing standards in the processed meat industry. ❖ The trend toward improved macronutrient intake and high protein content in meat products has resulted in an increase in global meat consumption per capita to around 42kg. The need to maintain high-quality standards in order to boost consumer confidence is moving the feed testing sector forward. The incidence of feed pathogen outbreaks through meat, poultry, and seafood items will need changes in regulations, which will boost company development. Continuous regulatory pressure to increase the number of tests performed at production sites is likely to aid the industry's progress. ❖ Within the U.S., the sales of frozen and fresh seafood hit an all-time high. The sales rose by nearly 4% from 2020 levels, and by 30.8% from 2019 levels to reach USD 7.1 billion. Importantly, the production of feed increased by nearly 3.7% suggesting a “real” value growth than “inflationary”. Moreover, around 49.530 MMT of aquaculture feed was produced in 2020, which grew to touch 51.367 MMT in 20201. Latin American countries offer stupendous growth avenues for feed-safety testing, as the region’s production grew by 8.9% owing to high demand. Industrialists claim that the demand for seafood would be 2x of current levels by 2050, supported by the growing population and heightened feed efficiency. Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

❖ Animal feed safety testing kits are used for testing and detecting infections, GMOs, allergens, mycotoxin, and other substances like as pesticides and other residues in feed. ❖ The broad category of analytical instruments includes those used in chemical, pharmaceutical, clinical, food-processing, and animal feed testing laboratories as well as other analytical applications. The tools aid in material analysis and composition determination. ❖ Market participants are taking advantage of fresh chances by implementing organic strategies like launching new testing kits to broaden their product offerings and worldwide footprint which isa driving the market growth. ❖ For instance, On April 12/2022, the health testing company 5Strands Affordable Testing introduced three new pet food tests. Namely, General Assessment, Pet Food Intolerance, and Raw Food Intolerance. Pet hair is used in the tests, which use bioresonance technology to detect food intolerances in dogs and cats. The Pet Dietary Intolerance Test can be used for animals given commercial pet foods, the Raw Food Intolerance Test can be used for animals on raw diets, and the General Assessment Test concentrates on other food and environmental pet intolerances. ❖ As a result of such novel product offerings by market players through new product launches are creating new opportunities in the market, assisting in the market expansion of testing kits and instruments. ❖ Testing Kits & Instruments segment of Animal Feed Safety Testing Market generated a revenue of $413.2m in 2021 and projected to reach a revenue of $711.3m by 2030 growing at a CAGR of 6.6% during 2022-2030. Testing Kits & Instruments : Global Animal Feed Safety Testing Market Revenue, 2018-2030 ($M) 800.0 700.0 600.0 500.0 Revenue ($M) 400.0 300.0 200.0 100.0 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC - 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

❖ Animal feed testing identify pollutants and assess the nutritional value of food samples to help monitor feed safety and quality are included in animal feed and pet food Safety Testing. Additionally, they contain consumables like reagents, cleaners, and other accessories that are necessary to conduct food safety and quality tests and produce precise and detailed findings. ❖ The rise in pet foodborne illness outbreaks around the world, the implementation of strict quality control in feed production, and the need for research and development are all factors contributing to the animal feed safety testing market's expansion. ❖ Although the legal standards as a level of quality are still insufficient, the expanding pet food market is subject to strict criteria in terms of both flavour and quality testing, making it difficult for suppliers to ensure their goods realise their full potential. As according to the American Pet Products Association's 2021–2022 National Pet Owners Survey, 70% of American homes, or about 90.5 million families, own a pet (APPA). ❖ According to International Association for Food Protection, the majority of owners (78%) were not aware of any pet food incidents or recalls linked to foodborne pathogens. Less than 25% of respondents thought that dry pet foods and treats would contain foodborne germs. This shows the importance of pet food analysis, which is opening up huge opportunities for industry growth. ❖ Reagents & Consumables segment of Animal Feed Safety Testing Market generated a revenue of $158.7m in 2021 and projected to reach a revenue of $351.9m by 2030 growing at a CAGR of 9.8% during 2022-2030. Reagents & Consumables : Global Animal Feed Safety Testing Market Revenue, 2018-2030 ($M) 400.0 350.0 300.0 250.0 Revenue ($M) 200.0 150.0 100.0 50.0 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC - 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

10.1 POULTRY FEED (1/6) ❖ Nutrients such as minerals, proteins, carbs, vitamins, and water are the quintessential elements for poultry feed. Deficiency of which, in the feed, can result in affecting the health, development, and reproduction of poultry birds. On the back of this, numerous regulatory organizations are approving new high nutritious feeds. ❖ For instance, the Association of American Feed Control Officials (AFFCO) granted approval for the usage of high-protein feeds produced from whole dried insects and insect larvae for poultry in the U.S. With the advancement and newer forms of meals, an impeccable role of safety-testing prevails which allows the market to grow in multitudes. ❖ The growing differences and concerns about the usage of certain forms of feed-additive have positively impacted the market. For instance, Coccidiostats have been classified as “antibiotics” in the U.S., however, European Union classifies the same under “feedadditive”. Thereby, the role of feed-safety testing owing to regulatory requirements of different nations provides the needed impetus to the market. ❖ The growing practice of “Antibiotic Free Poultry Farming” has allowed the market players to capitalize on the trend, by offering poultry test equipment on the field, thereby reducing the plausible lead detection time. Moreover, nearly 2.8 million antibiotic-resistant infections occur in the U.S. each year-which compels the legal authorities to take steps to mitigate resistance at ground-zero level, by utilizing the like feed safety testing. ❖ Poultry Feed segment of the Animal Feed Safety Testing Market generated a revenue of $733.7 million in 2021 and is estimated to generate a revenue of $1409 million in 2030 growing at a CAGR of 8.0% over the forecast period of 2022-2030. Poultry Feed: Global Animal Feed Safety Testing Market Revenue, 2018-2030 ($M) 1,600.0 1,400.0 1,200.0 Revenue ($M) 1,000.0 800.0 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 600.0 400.0 200.0 - Source: IndustryARC Analysis, Expert Insights 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

10.2 DAIRY FEED (2/6) ❖ Carbohydrates, amino acids, fatty acids, minerals, vitamins, and water are the needed nutrients for a lactating dairy cow. The optimal consumption of such feed allows to meet the demand of mammary glands-which are responsible to produce milk and milk components. Moreover, a high-producing dairy cow can consume 110-120 pounds of wet feed a day or 50-55 pounds of dry matter. Moreover, a primary input of feed for dairy is grain-which includes corn, soybean meal, and others. Thereby, the feed safety testing market for dairy feed generates a predominant portion of revenues by following safety practices. ❖ The Innovation Center for U.S. Dairy has set a goal for the dairy industry to be carbon-neutral by 2050. To reach such goals, the industry is expected to follow a dual-pronged approach. Firstly, the carbon footprint can be decreased by adding several feed additives to the regular diet-which would reduce both emissions (- 9.7%) and emissions intensity (-9.8%) without changing milk production. Secondly, the overall number of cattle and farms should be reduced. The market for feed safety testing market will largely benefit if the former strategy is chosen, as the addition of feed raises several safety testing procedures. ❖ Testing within the dairy products has been growing multitudes owing to various service offerings by organizations, which allows the customers to gauge analytical understanding of the required feed along with safety concerns. For instance, Dairy One utilizes Near Infrared Reflectance Spectroscopy for rapidly analyzing common forages and grains and is recognized by the Association of Official Analytical Chemists (AOAC) as an official method of analysis. Value offerings such as agronomy services, DHIA Records and Milk Analysis, and Integrated Farming Solution along with basic dairy feed testing can allow the marketers to grow manifold. ❖ Dairy Feed segment of the Animal Feed Safety Testing Market generated a revenue of $236.7 million in 2021 and is estimated to generate a revenue of $385.1 million in 2030 growing at a CAGR of 6.10% over the forecast period of 2022-2030. Dairy Feed: Global Animal Feed Safety Testing Market Revenue, 2018-2030 ($M) 450.0 400.0 Revenue ($M) 350.0 300.0 250.0 200.0 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 150.0 100.0 50.0 - 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

❖ According to the United States Department of Agriculture (USDA) report in 2020, China’s feed output increased by nearly 8.9% from 2020 to 261.434 million metric tons in 2021. Thereby, re-affirming its position as a top-feeder producer. A primary reason for the same has been notified as commercial feed saw a demand recovery owing to the transformation of the pig sector, with swine farms moving from utilizing food waste to contracting with professional feed mills. Owing to the following factors, the market for animal feed safety testing will find high business opportunities, however, the competition per test price might impede new foreign players. ❖ Growing demand for processed meat and protein diet due to a rise in household income levels would continue to drive the demand for animal feed from various livestock and poultry farms. Furthermore, per capita, poultry meat consumption has been observing a heightened growth, which directly benefits the metrics for animal feed safety testing. ❖ According to the Wisconsin Economic Development Corporation report in 2022, the number of pet dogs and cats in China’s cities topped 100 million in 2020, up 1.7% from the previous year. Furthermore, about half of the pet food buyers in China are new pet owners. Critically in interviews with Pet owners of China, around 85% revealed how they are willing to buy high-quality pet food at higher prices, especially those with fresh ingredients, high protein and meat content, natural processing, and no additives. Thereby, the demand for animal feed safety testing would be largely benefited from such a trend. ❖ All kinds of pet food including canned compound food and pet feed additives are subject to imported plant and animal quarantine requirements. Feed additives also need to receive commodity inspection, as per the direction from Law on Import and Export Commodity Inspection. Lastly, Provisions on the Labelling of Pet Foods in China is the only regulation specifying the requirements for all types of pet food such as additives premix in feed and others. A company planning to launch operations in China would need to have its ingredients checked and specified in the Catalogue of Feed Raw Material and Catalogue of Food Additives. ❖ China segment of the Animal Feed Safety Testing Market generated a revenue of $137.20 million in 2021 and is estimated to generate a revenue of $287.1 million in 2030 growing at a CAGR of 9.00% over the forecast period of 2022-2030. 350.0 China : Animal Feed Safety Testing Market Revenue, 2018-2030 ($M) 300.0 Revenue ($M) 250.0 200.0 Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC 150.0 100.0 50.0 - Source: IndustryARC Analysis, Expert Insights 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Eurofins Scientific :Service Portfolio Service Category Service Name Description Address: 2200 Rittenhouse St Des Moines, IA, 50321-3155 United States Real-time PCR methods for GMO analysis allow for both qualitative and quantitative examination of GMO ingredients in the sample. GMO screening, identification, and quantification PCR technologies have been tailored to the volatile and contemporary market environment. Genetically modified organisms testing Tel: (515) 953-0276 Website: https://www.eurofinsus.com/ The dietary composition of feed items is determined through nutritional testing. It provides nutrition testing in pet food and feed for FDA-approved Nutrition Facts Labels and other analysis. Business Overview Nutritional Testing Eurofins Scientific Description Establishing Year 1987 Mineral detection in food and feed can assist in determining the appropriate daily portion and supplement dose. Detecting hazardous minerals in feed can help to avoid health problems and prevent them from entering the food chain, where they could be dangerous to humans. It can identify 16 different metals using an inductively coupled plasma (ICP) spectrometer. Mycotoxins are poisonous compounds produced by fungal strains found on food. They can be cancerogenic, immunosuppressive depending on the chemical and concentration. The purpose of mycotoxin analysis is to look for a big number of mycotoxins in a wide range of pet food and animal feed. Employees as of 2021 44,741 Mineral detection Feed Safety Testing and Analysis Headquarters U.S. Revenue- (2021) $7,608.47m Revenue- (2021)-Animal Feed Safety Testing Market $287.94m mutagenic, teratogenic, and mycotoxin analysis Business Segments Clinical Diagnostics Consumer Product testing Biopharmaceut ical Services Organic contaminants are unwanted, hazardous compounds that can be detected in foods at trace levels. Contaminant analysis is carried out on a wide range of pet food and animal feed to look for anthropogenic organic Contaminants Analysis Copyright ©2024 IndustryARC contaminants, process contaminants, and migratory residues. Copyright ©2024 IndustryARC Food & Feed Testing Environment Testing Technologies Note:. There are other services offered by company, such as Pesticide Residue Analysis, Microbiological Analysis, and others. Source: Company Website Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Financials: Eurofins Scientific, Revenue, 2019-2021 ($M) Eurofins Scientific, Revenue Share, By Geography 2021 (%) 7,608.47 8,000.00 8% 6,674.20 7,000.00 6,000.00 5,126.07 Revenue ($M) 5,000.00 Europe 4,000.00 32% North America 3,000.00 Rest of the World 60% 2,000.00 1,000.00 0.00 2019 2020 2021 Eurofins Scientific, Revenue Share – Animal Feed Safety Testing Market, 2021 (%) 4% Market Revenue Others Segment Revenue Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Source: Company Website, Annual Report 96% Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Eurofins Scientific : developments Date Approach Description Barrow-Agee Laboratories, LLC's laboratory testing services company has been bought by Eurofins Scientific, Inc. Barrow-Agee Laboratories has been delivering exceptional feed and food safety and quality testing services for more than 100 years and is now part of the Eurofins global network of laboratories. Eurofins' regional footprint in the food and feed testing sector will be expanded further with the acquisition of Barrow-Agee Laboratories, LLC, which provides a platform with strong organic and inorganic growth potential. February 2022 Acquisition Eurofins Food and Water Testing UK & Ireland has announced the acquisition of Alliance Technical Laboratories (ATL) Ltd, an independent contract testing laboratory. The move will help the company expand its food, water, and feed testing services in the South East, and it is part of the company's long-term strategic growth goal. August 2021 Acquisition Eurofins has announced the acquisition of Galys Laboratories, a major agricultural testing facility, from Axereal and Terrena.Eurofins' capabilities in the animal feed channel will be enhanced as a result of this acquisition, as Galys' innovative animal feed analytical methodologies and specialised competencies in this area will be integrated. July 2019 Acquisition Eurofins Scientific has announced the successful acquisition of Craft Technologies, Inc., a premier contract laboratory that analyses minerals, vitamins, carotenoids, bioflavonoids, and phytochemicals. Eurofins expands its food and feed testing capabilities with its acquisition of Craft Technologies, Inc. January 2018 Acquisition Food Analytica, a major set of food testing laboratories in Hungary, has been acquired by Eurofins Scientific, a global leader in food testing services. Food Analytica, one of the most advanced microbiology laboratories in Central and Eastern Europe, provides a comprehensive suite of food testing services, including microbiology, food and feed chemistry, grain studies, molecular biology, and sensory analysis. Eurofins' worldwide footprint in the food and feed testing sector will be expanded further with the acquisition of Food Analytica, which provides a platform with tremendous organic and inorganic growth potential. January 2018 Acquisition Copyright ©2024 IndustryARC Copyright ©2024 IndustryARC Source: Company Website Inquiry Before Buying +1 518 282 4727 | | | Buy Now sales@industryarc.com

Animal Feed Safety Testing Market (2022 - 2030)_Sample Extract

Animal Feed Safety Testing Market (2022 - 2030)_Sample Extract

Presentation Transcript

Animal Feed Safety Testing Market: to control diseases in animal due to contaminants in feed.

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