The agricultural testing market encompasses soil testing, seed testing, bio-stimulant testing, and other types of analyses that help farmers select suitable crops and maximize yields. Services including soil fertility & nutrition evaluation, contamination screening, and seed quality assurance help farmers boost productivity through customized soil & seed amendments and high-quality agricultural inputs.
The global Agricultural Testing Market is estimated to be valued at US$7.03 Mn in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Expanded testing services is one of the key trends driving growth in the agricultural testing market. The increasing awareness about the importance of soil health, customized soil amendments, and certified seeds has boosted demand for diverse agricultural testing services. Market players are increasingly offering bundled and customized packages for on-field and lab-based soil, seed, and plant tissue analysis customized to crops and geographies. They are also collaborating with agricultural universities and research institutes to expand their testing portfolios and provide value-added advisory services to farmers. This is expected to boost the adoption of agricultural testing and support the market’s trajectory over the forecast period.
Segment Analysis
Agricultural Testing Market is dominated by Soil testing sub segment. Soil testing constitutes nearly 43% share of the overall market. Soil testing helps farmers gain vital insights on soil nutrition levels, contamination levels and soil structure. It guides farmers to apply required nutrients and balance soil pH levels for optimum crop production.
Key Takeaways
The Global Agricultural Testing Market Size is expected to witness high growth over the forecast period of 2024 to 2031.
Regional analysis shows that North America currently holds the largest share of around 35% of the total market. Stringent regulations regarding soil and crop contamination and growing demand for residue-free food products have boosted agricultural testing adoption in the region.
Key players operating in the Agricultural Testing Market are DEXIS (KaVo Kerr), Siemens Healthcare GmbH, Thermo Fisher Scientific Inc., 3M, and PerkinElmer Inc. DEXIS (KaVo Kerr) holds leading share of over 18% of the overall market. The company offers comprehensive portfolio of agricultural testing equipment and consumables for soil, water and various crops
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