Heavy Metal Testing Market To Reach USD 4.51 Billion By 2027 at a CAGR of 7.4% | SGS, Intertek, Eurofins, etc
: New York, United States, 21th-July-2020, (Via WiredRelease), (Reports and Data) – According to the current analysis of Reports and Data, The global Heavy Metal Testing Market was valued at USD 2.57 Billion in 2019 and is projected to grow at a CAGR of 7.4% from 2019 to reach 4.51 Billion by the year 2027. Heavy metal testing is a group of tests that are required to quantify the level of potentially harmful heavy metals such as lead, mercury, cadmium, chromium, and arsenic is present in food items. Heavy metal testing is an essential step in food safety and security.
The presence of heavy metal can lead to detrimental metal poisoning, which can lead to serious health problems. As we know, the primary intake sources of heavy metals are fruits, vegetables, nuts, cereals, fish, and seafood. In the case of lead, drinking water is a key participant in the accumulation of heavy metal into our body. Since the toxicological impacts of heavy metals on infants and elderly people are considered unfavorable, the demand for heavy metal testing is growing significantly over the estimated period.
Regulatory bodies across the globe have set threshold limits for heavy metal in different food groups such as seafood, vegetables, fruits, cereals, meat, fish, fats and oils, milk, baby food, and infant formulae. Hence heavy metal testing has become an essential step for food security.
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This report covers the current COVID-19 effects on the economy. This outbreak has brought along drastic changes in world economic situations. The current scenario of the ever-evolving business sector and present and future appraisal of the effects are also covered in the report.
In market segmentation by manufacturers, the report covers the following companies-: TUV SUD, ALS Limited, Mérieux Nutrisciences, LGC Group, Asurequality, Microbac Laboratories, EMSL Analytical, IFP Institut Für Produktqualität, and Omic USA
For the purpose of this study, Reports and Data have segmented the heavy metal testing market on the basis of heavy metal type, technology, sample and region:
Heavy Metal Type (Revenue, USD Million; 2019-2026)
Technology (Revenue, USD Million; 2019-2026)
ICP-MS & OES
Atomic Absorption Spectroscopy (AAS)
Sample (Revenue, USD Million; 2019-2026)
Blood & Other Samples
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Regional Outlook (Volume, Kilo Tons; 2019-2026 and Revenue, USD Million; 2019-2026)
Middle East & Africa
Further key findings from the report suggest
By heavy metal type, arsenic held an outstanding share of 36.1% in 2018. The increased incidence of cancers among people exposed to arsenic is one of the factors predictable to impel the demand market for the forecast period.
Agricultural soils usually contain low background levels of heavy metals. Contamination from industrial activities or byproducts can increase the natural levels of heavy metals in soil, creating a health hazard to people, livestock, and plants.
The major players in the market are focusing on innovation in production technologies to improve the efficiency and shelf life of the product. Company profile and other includes their basic information like the legal name, website, headquarters, market position, historical background, and their top 5 closest competitors by Market capitalization or revenue along with the contact information. Each player’s revenue figures, growth rate, and gross profit margin is provided in easy to understand way for the past five years. The report also sheds light on recent developments like mergers, acquisitions, joint ventures, or any product launches.
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Key Stakeholders/Global Reports:
Heavy Metal Testing Manufacturers
Heavy Metal Testing Distributors/Traders/Wholesalers
Heavy Metal Testing Subcomponent Manufacturers
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