A recent report published by Infinium
Global Research on grain analysis market provides an in-depth analysis of segments
and sub-segments in the global as well as regional grain analysis market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional grain analysis market over the short term as well as
long term. The report is a comprehensive presentation of trends, forecast and
dollar values of the global grain analysis market. According to the report, the
global grain analysis market is projected to grow at a CAGR of 4.9% over the
forecast period of 2019-2025.
Grain analysis is a process of checking the quality of grains by
analyzing the samples for pesticide residue, mycotoxin contamination, and
physical characteristics such as weight and size. The grains are examined
during distribution, procurement, and storage. Further, the growing demand for
the futures contract from the large food processing companies to protect
themselves from the fluctuation of the raw material prices and simultaneously,
urge from farmers and suppliers to protect themselves from the unfavorable
price during harvesting is helping to grow the demand of the grain analysis
market. Further, there are several subparts of the grain analysis, which are
helping to boost the demand of the grain analysis market to further new height.
The growing demand for precise future grain production-related information
by pesticide manufacturers, seed producers, financial institutions, traders and
other stakeholders are boosting the demand for the grain analysis market.
The growing demand for the commodity-based future market, where
buyers and sellers protect themselves from the future fluctuation of the prices
and adverse situation in the market, is helping to grow the market. Further,
the growing demand for the precise data for the future planning of the allied
agriculture industry as seed industry, fertilizer industry, agriculture
machinery, and others are helping to grow the demand of the grain analysis
market. However, the lack of a skilled analyst to forecast the grain analysis
related situation in a satisfactory and precise manner in the developing
countries is restricting the growth of this market. Additionally, the
information available from the grain analysis helps the government to set
minimum supporting price and set up a basic price for the sale and purchase of
the grain by the food processing industry. Moreover, the growing dependency of
the government about the future price of the grain is projected to boost the
demand for the grain analysis market over the forecast period.
North America is estimated to hold the largest market share in the
grain analysis market. This is primarily due to the presence of a large number
of companies engaged in grain analysis activities. Furthermore, the
presence of the several food processing companies and farmers, who enter in the
future contact, is helping to grow this market in the North American region.
The Asia-Pacific grain analysis market is estimated to grow at the highest CAGR
during the forecast period, owing to the growing demand of the grain-related
future information by the government and corporates for numerous purposes.
The report on the global grain analysis
market covers segments such as grain type, target tested, technology, end use,
and component. On the basis of grain type, the sub-markets include cereals,
oilseeds, and pulses. On the basis of target tested, the sub-markets include pathogens,
pesticides, GMO, mycotoxins, and other targets tested. On the basis of
technology, the sub-markets include traditional technology, and rapid
technology. On the basis of end use, the sub-markets include food, and feed. On
the basis of component, the sub-markets include instruments, reagents &
consumables, and reference materials.
The report provides profiles of the
companies in the market such as Waters Corporation, Shimadzu Corporation,
Thermo Fisher Scientific, Neogen Corp., ALS Limited, TÜV Nord Group, TÜV SÜD,
Intertek Group plc, Eurofins, and Bureau Veritas S. A.
The report provides deep insights into
the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the grain analysis market. Moreover, the study highlights current
market trends and provides forecast from 2019-2025. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.