Antibiotic Residue Test Kits Market Would Rocket up to USD 270.00 Million by 2030
Global Antibiotic Residue Test Kits Market report encompasses estimations of Compound Annual Growth Rate (CAGR) in % value for the forecasted period that will help client to take decision based on futuristic chart. The major areas covered in the report include market definition, market segmentation, competitive analysis and research methodology. This report recognizes and analyses the emerging trends along with major drivers, challenges and opportunities in the HELATH industry. Along with providing competitive landscape of the key players, Global Antibiotic Residue Test Kits Market report also serves with complete and distinct analysis of the market drivers and restraints, detailed analysis of the market segmentation, key developments in the market and details of research methodology.
The large scale Global Antibiotic Residue Test Kits Market report highlights all-inclusive professional study of the HELATH industry which focuses on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. This global market research report is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. The market research performed here also provides information about manufacturers, market competition, cost, market effect factors for the forecast period of 2023-2030.
Data Bridge Market Research analyses that the Antibiotic Residue Test Kits market which was USD 150.00 million in 2021, would rocket up to USD 270.00 million by 2030, and is expected to undergo a CAGR of 6.5% during the forecast period. This indicates the market value. Beta-lactams dominate the test type segment of the Antibiotic Residue Test Kits market owing to the growing demand for veterinary testing. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Download PDF Sample Report (Including Graphs, Charts, and List of Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-antibiotic-residue-test-kits-market&Shri
Antimicrobial residues are the parent compounds, their metabolites, and associated impurities of veterinary drugs in any edible portion of an animal product. The occurrence of antibiotic residues in animal tissue and animal products resulting from the subtherapeutic, prophylactic, or therapeutic use of antibiotics is a function of the antibiotic, the method of application, the level of treatment, and, most importantly, adherence to withdrawal periods. The antibiotic residue test kits are driven by the advanced technology in the antibiotic residue test kits that can control or inhibit the growth of microorganisms in food and other products.
Drivers
- Advanced technology in the kits to inhibit the growth of microorganisms
The Food and Drug Administration (FDA) has established safety levels of antibiotic residues in food for the protection of consumers. Various advanced test has been developed to detect antibiotic residues. However, the antibiotic residue test kits must meet the FDA’s specifications of at least 90% sensitivity and 90% specificity within a 95% confidence interval. Mastitis is the most common disease syndrome in the dairy industry. The antibiotics such as beta-Lactams are administered in veterinary clinical practice.
- Research and development proficiencies
Rising expenditure for research and development proficiencies, especially in the developed and developing economies pertaining to medical drugs, will further create lucrative market growth opportunities. Research and development proficiencies being conducted to develop medical instruments is also expected to drive the market growth rate.
- Increasing government initiatives for food safety
Food safety among consumers is increasing rapidly, which has a significant impact on public health as well as economic activity. The increasing government initiatives for food safety enhance the demand for antibiotic residue test kits. The use of antibiotic residue test kits is increasing in veterinary, food & beverages, and independent laboratories. The veterinary test kits are used to detect rug resistance, such as egg, muscle, and feed samples.
Fundamental Aim of this Market Report
- Factors influencing This Market Size and growth rate.
- Major alterations to this market in the near future.
- Notable Market rivals around the world.
- Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
Recent Developments
- In February 2020, Thermo Fisher entered a partnership with Q-linea for the commercialization of ASTar. The company will have the exclusive right to offer ASTar to the market in all geographies. The partnership enables both companies to offer customers a comprehensive AST portfolio. The Thermo Fisher Sensititre Complete Automated AST System combined with Q-linea’srapid and fully automatic AST analysis increases the potential to drive the market
- In March 2018, Charm Sciences, Inc. announced its sulphonamides test approval from National Conference on Interstate Milk Shipments (NCIMS). The approval of the Charm Rosa sulf test to detect sulphoamides in raw milk was by the recommendation of the U.S. Food & Drug Administration (FDI)
To Gain More Insights into the Market Analysis, Browse the Summary of the Research Report@ https://www.databridgemarketresearch.com/reports/global-antibiotic-residue-test-kits-market?Shri
Some of the major players operating in the antibiotic residue test kits market are:
- PerkinElmer U.S. LLC (U.S)
- Neogen Corporation (U.S)
- Thermo Fischer Scientific Inc. (U.S)
- Labtek Services Ltd (U.K)
- R-Biopharm AG (Germany)
- Eurofins (Luxembourg)
- SCIEX (Canada)
- Charm Sciences Inc (U.S)
- DSM (Netherlands)
- IDEXX Laboratories Inc (U.S)
Key highlights of this Market report:
- Growth rate
- Remuneration prediction
- Consumption graph
- Market concentration ratio
- Secondary industry competitors
- Competitive structure
- Major restraints
- Market drivers
- Regional bifurcation
- Competitive hierarchy
- Current market tendencies
- Market concentration analysis
What benefits does the DBMR study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Antibiotic Residue Test Kits Market Scope
Test Type
- Beta-lactams
- Amphenicols
- Macrolides
- Tetracycline
- Sulfonamides
- Aminoglycosides
End User
- Food & Beverages
- Veterinary
- Independent Laboratories
Global Antibiotic Residue Test Kits Market Regional Analysis/Insights
The global Antibiotic Residue Test Kits market is analysed and market size insights and trends are provided by test type and end user, as referenced above.
The countries covered in the Antibiotic Residue Test Kits market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to dominate the Antibiotic Residue Test Kits market because of the strong base of food testing facilities, the strong presence of major players in the market, increased cases of food borne diseases, and the rising number of research activities in this region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 due to the increase in government initiatives to promote awareness, growing research activities in the region, availability of massive untapped markets, a large population pool, and the growing demand for quality healthcare in the region.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Regulations
- Market Overview
Continued…
Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/toc/?dbmr=global-antibiotic-residue-test-kits-market&Shri
Key Benefits of the Report:
- This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.
Top DBMR Healthcare Reports:
https://www.databridgemarketresearch.com/reports/global-cardasil-treatment-market?Shri
https://www.databridgemarketresearch.com/reports/global-aestheticcosmetic-lasers-market?Shri
https://www.databridgemarketresearch.com/reports/global-yeast-infection-market?Shri
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact Us:-
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Editor Details
-
Company:
- The Wire Times