Global Antibiotic Residue Test Kits Market To Reach At An Estimated Value Of USD 313.88 Million 2021-2028 | DSM, Thermo Fisher Scientific Inc., PerkinElmer, Inc, Charm Sciences, NEOGEN Corporation, IDEXX Laboratories, R-Biopharm AG, Eurofins Scientific and DH Tech. Dev. Pte. Ltd
Antibiotic residue test kits market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 313.88 million and grow at a CAGR of 6.31% in the above-mentioned forecast period. Rising awareness for the benefits and essentiality of antibiotic residual test kits in the food & beverages drives the antibiotic residue test kits market.
Simple diagnostic kits are frequently and extensively used in detecting antibiotics residues in food of animal origin. Rising improvements in antibiotics residue diagnostics have extended the accuracy of these tests in unprocessed meat or inspect raw milk at the arrival phase. Therefore, in the upcoming years, antibiotic residue test kits will be witnessing a considerable traction in terms of adoption, due to distinguished developments towards enhancing the diagnostic efficacy.
Rising demand from dairy and food & beverages industry is the vital factor escalating the market growth, also increasing health consciousness and health benefits of antibiotic residue test kits, increasing advancements in antibiotic residue diagnostics have extended their use of test kits to detect the presence of such residue in food originating from animals, which in turn increases the demand for the product, rise in veterinary due to growing number of pets, and technologically advanced products and rising adoption of antibiotic residue test kits due to rising traction as a food safety measure are the major factors among others driving the antibiotic residue test kits market. Moreover, rising rapid advancements in the kits, rising technological advancements and modernization in the production techniques, rising research and development activities in the healthcare sector and rising emerging markets will further create new opportunities for antibiotic residue test kits market in the forecasted period of 2021-2028.
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Antibiotic residue test kits market is segmented on the basis of product type and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, antibiotic residue test kits market is segmented into beta-lactams, tetracycline, amphenicols, macrolides, aminoglycosides and sulfonamides.
- The antibiotic residue test kits market is also segmented on the basis of end-user into food and beverages industry, independent laboratories, veterinary and others.
Leading Key Players:
The major players covered in the antibiotic residue test kits market report are DSM, Thermo Fisher Scientific Inc., PerkinElmer, Inc, Charm Sciences, NEOGEN Corporation, IDEXX Laboratories, R-Biopharm AG, Eurofins Scientific and DH Tech. Dev. Pte. Ltd. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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