(MoneyNewsWire.Net, July 31, 2017 ) According to the report Agricultural Testing Market, published by Market Data Forecast, the global market is projected to reach USD 5.97 billion by 2021, at a CAGR of 5.9% from 2016 to 2021.
Global Agriculture Testing Market can be characterized as the testing of different samples including water, soil, seed, and so forth, to decide quality and contaminant content. A soil test also measures the soil pH, humic matter and exchangeable acidity. These analyses indicate whether any lime is needed and, if so, how much to apply. To remain profitable in agriculture under present conditions, every farmer should consider that fertility levels must be measured accurately.
These measurements can then be used to manage the soil fertility to more precisely achieve proper production and quality, while still keeping costs at the minimum necessary amount to meet the goal. The soil sample must be taken at the right time and in the proper way. The tools used, the area sampled, the depth and the correct mix of the sample, and packaging all influence the quality of the sample.
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Agricultural testing: Drivers & Restraints
The Agricultural testing growth is likely to propagate in the future as per current trends of increase in the demand for agricultural products. The ever diminishing amount of arable land available to us has led to no other option but to increase the productivity of the land in use for agriculture now. Sustainable agriculture is one of the long term goals for the whole world. The diminishing nutrients in the soil thanks to improper irrigation and agrochemicals used without proper testing on whether it is compatible with the soil is leading to low yields. Increase in awareness about the importance of agricultural testing and the dangers of improper and efficient usage of resources is driving the market. Also government initiatives and research grants are driving the market but the absence of suitable quality assurance systems in laboratories is a major restraint.
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Agricultural Testing: Segmentation
By Type
Soil
Water
Seeds
Bio-solids
Manures
By Application
Contaminant Testing
Quality Assurance
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/gobal-agricultural-testing-market-2137/customize-report
Agricultural testing Market: Overview
There is an interest at present as to whether soil tests can be used to determine if application of fertilizers or waste materials will result in pollution of surface and ground waters. Using soil testing methodologies to identify the potential of an environmental impact may have value, but only if a comprehensive approach is taken. Response parameters for other uses of soil testing have been well defined, and linkages often remain intuitive, based on the best professional judgment of a team of scientists.
Progress in soil testing is facilitating easy assessment of soils likely to act as sources of nutrients for surface and ground water. That along with easily extractable soil concentrations of nutrients are a few of many factors, including transport phenomena, management practice effects, and adjacent water sensitivity to an increase in nutrient concentration that must be considered in determination of an appropriate loading rate for nutrient sources potentially affecting water quality which would benefit agriculture immensely.
Agricultural Testing Market: Region-wise Outlook
On the basis of geography, the global agricultural testing market is analyzed under the various regions namely North America, Europe, Asia-Pacific and Rest of the World. The market is dominated by North America, followed closely by Europe. Given the fast development, industrialized agribusiness sector, the United States forms the biggest market for agricultural testing, both globally and regionally, followed by Canada. Due to increasing awareness about the advantages of testing, India and China will develop as the fastest developing market in the Asia-Pacific. The market development in South America will be led by Brazil and Argentina.
Key Questions Answered
What is the current and future Agricultural testing market outlook in North America? What trends are affecting the North American market?
What is the competitive landscape and market share of major players in the Agricultural testing market in North America?
What are the key market segments that currently occupy the highest market share? Which market segments are growing the fastest?
What challenges are restraining the growth of the Agricultural testing market? How will emerging technologies answer these challenges?
What role does agricultural testing play in the road towards completely sustainable agriculture?
Agricultural testing market: Key Players
The agricultural testing industry has many players, (small, medium, and large scale); however, the industry is dominated by a few. The key players in this market are SGS S.A., Eurofins Scientific, RJ Hill Laboratories Ltd., Bureau Veritas S.A, and Intertek Group Plc. Expansions & investments were found to be the most preferred growth strategies in this market. The purpose of adopting these strategies is because it results in better market presence, increases product portfolio, and also helps to reach new potential markets.
Reasons to buy Agricultural testing Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Drip Irrigation Systems Market: http://www.marketdataforecast.com/market-reports/global-drip-irrigation-system-market-1846/
Center Pivot Irrigation Systems market: http://www.marketdataforecast.com/market-reports/global-center-pivot-irrigation-systems-market-1761/
Greenhouse Irrigation Systems Market: http://www.marketdataforecast.com/market-reports/global-greenhouse-irrigation-systems-market-1811/
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