Agriculture Testing Services: South & East Asian Markets Promise High Growth Rates

Agriculture Testing Services: South & East Asian Markets Promise High Growth Rates

Agriculture testing services carry out various types of testing, namely that of water, seeds, soil, food, fertilizers, and others, to inspect and determine their quality parameters. The growing demand for agriculture testing services across the world to uphold the quality standards and to maximise agriculture production is boosting the market growth significantly. The agriculture testing services market is segmented on the basis of sample type (water, fertilizers, food etc.), by service type (on-site and off-site), by end user (farmers, fertilizer producers, researcher institutes etc.), and by region.

The key concerns globally in this area are rapidly increasing global population and urbanisation. Increasing population creates a burden on the agriculture industry to maximise the overall yield production, which, in turn, requires a larger quantity of agriculture products such as fertilizers, seeds, and others. To generate the maximum yield, there is naturally an increasing demand for the quality inspection of these agriculture products, which is ultimately boosting the agriculture testing service market.

North America, Europe, and Southeast and East Asia are among the key regions in which the agriculture industry is growing rapidly. Prominent manufacturers are continuously focusing on these regions to capture a significant market share in terms of revenue. The presence of a high number of key agriculture service providers and the frequent requirement of agriculture testing services in these regions is fuelling the growth of the agriculture testing service market. While Europe and North America are expected to capture a substantial market share in terms of value in the agriculture testing services market, increasing agriculture production in the South and East Asia, along with the quality testing of agriculture products, is fuelling the growth of the agriculture testing service market.

Share