The latest market report published by Credence Research, Inc. “Global Pet Food Testing Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Pet Food Testing Market generated revenue of around USD 6792.5 million in 2021 and is anticipated to grow a CAGR of over 5.80% during the forecast period from 2022 to 2028 to reach around USD 9526.73 million in 2028. While, cumulative growth opportunity presented by the global Pet Food Testing is around USD 2734.23 million during 2022 to 2028.
Rising food-borne illness rates, rising consumer knowledge about the safety of pet food, stringent pet food safety laws, and rising consumer desire for convenience and packaged pet food products are some of the important factors driving the growth of the pet food testing market. Furthermore, technical advances in pet food testing methodologies offer considerable development prospects for food safety testing providers in the next years. The expanding pet food industry is exposed to stringent demands in terms of both flavor and quality testing, but regulatory standards as a standard of quality are still insufficient, making it difficult for suppliers to ensure their goods reach their full potential, hence drives market expansion. Government actions to increase customer trust by ensuring the safety and quality of pet food will boost corporate growth. The need for food product testing to detect disease-causing chemicals, pathogens, and toxic materials will drive the pet food testing market. However, demand among individuals with lower incomes is anticipated to be constrained by the rising price of high-quality pet food testing equipment. The development of the pet food testing market is being constrained by the lack of awareness among pet owners in developing and poor nations.
The global Pet Food Testing market is segmented into type, application, and Geography. Based on type the market is categorized into Label Validation and Marketability Testing, Nutritional Analysis, Packaging Leak Detection, Stability Study and Others. On the basis of application, the market is segmented into Dog Food, Cat Food and Others. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America and the Middle East, and Africa.
Browse full report with ToC: https://www.credenceresearch.com/report/pet-food-testing-market
Segmentation of Global Pet food testing Market-
GLOBAL PET FOOD TESTING MARKET – BY TYPE
- Label Validation and Marketability Testing
- Nutritional Analysis
- Packaging Leak Detection
- Stability Study
- Others
GLOBAL PET FOOD TESTING MARKET – BY APPLICATION
- Dog Food
- Cat Food
- Others
Why to Buy This Report-
- The report provides a qualitative as well as quantitative analysis of the global Pet Food Testing market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-to 2020, base year- 2021, and forecast period 2022-2028.
- The report contains information related to the competitive landscape like how the key players in the market are operating at a global, regional, and country-level
- In-depth analysis of the global market segmentation on the basis of type and application.
- Research and development investments by government as well as major players.
- The global Pet Food Testing market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
Browse full report with ToC: https://www.credenceresearch.com/report/pet-food-testing-market
Related Reports:
* Customisation available
About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, nonlegislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Media Contact
Company Name: Credence Research
Contact Person: Chris Smith
Email: Send Email
Phone: 18003618290
City: SAN JOSE
State: CA
Country: United States
Website: https://www.credenceresearch.com/