Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
The grain analysis is monitoring the quality of grains by analysing the samples for mycotoxin contamination, pesticide residue, and physical characteristics such as size and weight. The grains are monitored during distribution, procurement, and storage. The quality of the food grains is analysed by taking the samples of the grains and testing it for its physical characteristics such as its size and weight, for pesticide residue, and mycotoxin contamination. The food grains are usually analysed in order to monitor its quality, time of storage, procurement, and distribution.
Globalization in the grain trade, strict regulations by the government concerning the quality of the food grains, and initiatives taken for the deterrence of foodborne diseases are some of the main factors driving the grain analysis market. Technological developments in the devices for precise results and to obtain a check for an extensive range of contaminants also positively contribute to the market growth. To sidestep wastage of grains from pests and to improve the storage period demand for grain analysis has increased suggestively. In the forecasted period, the market is expected to gain increased popularity owing to the increasing consumption of food grains coupled with the rising production of food grains.
The exclusive COVID 19 impact analysis provides an analysis of micro and macro-economic factors on the Grain analysis market. Also, complete analysis of changes on healthcare expenditure, economic and international policies on supply and demand side. The report also studies the impact of the pandemic on global economies, international trade, business investments, GDP, and marketing strategies of key players present in the market.
The study analyses the global Grain analysis market based on grain type, technology, components, end users, target tested, and geography
Pulses, cereals, and oilseeds are the major grain types studied in the report. The cereals segment is likely to dominate the market over the forecast period. The factors that can be attributed are large manufacturing and trade coupled with greater testing of pathogens, GMOs, mycotoxins, heavy metals, and other contaminants in this segment.
The technology used for the grain analysis is rapid and traditional. The rapid technology segment holds the majority of market share, in terms of revenue. The aspects that can be attributed are low turnaround time, sensitivity, higher accuracy, and capability to test an extensive range of toxins in comparison to traditional technology are fuelling the demand for this segment.
The target tested of the market are pathogens, pesticides, GMOs, and mycotoxins. The mycotoxins segment holds the largest market share and is estimated to witness the highest CAGR during the forecast period. Mycotoxins are chemically stable at high temperatures and therefore can travel through the food supply chain causing various safety incidences due to which their occurrence in grains is most prevalent, thereby driving the market for mycotoxin testing.
The major components of the market are instruments, consumable & reagents, and reference material. The instruments segment held a lion’s share in the market whereas the market for consumables & reagents is projected to be the fastest-growing during the forecast period.
The end users of the market are food and feed. The food segment is estimated to witness the highest growth rate during the forecast period. The factors that can be attributed to the rise in grain trade including import and export, their increasing use as an ingredient in new food products, government efforts to certify optimum nutrition in food, and complexities in the food supply chain have led to the precise testing of grains.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific, and the Rest of the World. The Europe is leading the global grain analysis market, owing to the stringent regulations in place to make sure that grains used in both food and feed are safe for human as well as animal consumption. Further, it has the highest number of testing laboratories among all other regions and tests the greatest number of grain samples that will boost the market in the European region.
The key competitor of the market includes SGS SA, Bureau veritas SA, Intertek Group plc, Eurofins scientific, TUV SUD, TUV Nord Group, ALS Limited, AB Sciex, waters Corp, Shimadzu Corporation, Thermo Fisher Scientific, and among others.
The study analyses the global Grain analysis market based on grain type, technology, components, end users, target tested, and geography. Pulses, cereals, and oilseeds are the major grains covered in this study. The cereals segment dominate the market, by grain type. The technology used for grain analysis is rapid and traditional. The rapid technology segment is likely to hold the majority of market share, in term of revenue. The target tested of the market are pathogens, pesticides, GMOs, and mycotoxins. The mycotoxins segment holds the largest market share and is estimated to witness the highest growth during the forecast period. The components of the market include instruments, consumable & reagents, and reference material. The instruments segment held a lion’s share in the market whereas the market for consumables & reagents is projected to be the fastest-growing during the forecast period. The end users of the market are food and feed. The food segment is estimated to witness the highest growth rate during the forecast period. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific, and the Rest of the World.
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