Antibiotic Residue Test Kits Market Gaining Traction as a Food Safety Measure: Fact.MR

Surging demand for beta-lactams to detect antibody residues in food and beverages derived from animal and stringent food safety measures have been driving antibiotic residue test kits sales.

Surging demand for beta-lactams to detect antibody residues in food and beverages derived from animal and stringent food safety measures have been driving antibiotic residue test kits sales.

Fact.MR, Rockville MD: Antibiotic residue test kits market is estimated to show a strong rise, driven by growing awareness regarding requirements for healthy and safer food items especially diary, food and beverages product. According to market research firm Fact.MR, some of the key players in the diary, food and beverages industries are investing in antibiotic residue diagnostic domain thanks to growing preference among consumer for product cleared by the residue test. As a direct consequence, the global antibiotic residue test kits market is forecast to exhibit 6.2% CAGR.

Request sample of the Report on the Antibiotic Residue Test Kits Market

https://www.factmr.com/connectus/sample?flag=S&rep_id=496

“There is increasing emphasis on exploring untapped opportunities among antibiotic residue test kits market players. As they aim for competitive advantage, their focus on advanced antibiotic residue diagnostics such as multipurpose test kits will increase, assisting them in increasing the global production,” said a lead analyst at Fact MR

Antibiotic residue test kits market – Key findings

  • Worldwide sales of antibiotic residue test kits are estimated to be worth around US $295 Mn.
  • Beta-lactam test kits will encompass 33% of total global antibiotic residue test kit sales by 2026.
  • Demand from veterinary end-use of antibiotic residue test kits will rise at 6.7% CAGR
  • Rapid adoption of tetracycline tests and use of its kits will generate $50 Million worth of revenue by the end of forecast period.

Explore 89 tables and 69 figures of the study. Request ToC of the report at

https://www.factmr.com/report/496/antibiotic-residue-test-kits-market

Antibiotic residue test kitsmarket– Key Driving Factors

  • Introduction of anti-infection principles and increasing focus for restricting the growth of microorganisms in food and beverage are drivers.
  • Availability of a wide range of antibiotic residue test kits for dairy industry is contributing towards increase in sales.
  • Integration of antibiotic residue test kits at the veterinary end will bolster the demand for advanced antibiotic residue test kits.

Antibiotic residue test kits market – Key Restraints

  • Misuse of antibiotics and improper dosage have led many countries to incorporate various immunological, microbial and analytical methods of testing the diary products has led to decline in Antibiotic residue test kits market demand.
  • Slow testing rate or high testing time taken by the kits are also one of the primary reason for decrease in Antibiotic residue test kits market demand

Antibiotic residue test kits market – Covid-19 Impact

China is the leading manufacturer of antibiotic residue test kits and due to COVID-19 outbreak; China closed its trading routes leading to supply chain disruption and kits shortage.

The antibiotic residue test kits market is expected to recover steadily as relaxation in lockdown restrictions are being provided and manufacturers developing faster multipurpose testing kits.

Competitive Landscape

Some of the leading antibiotic residue test kit manufacturing are Perkin Elmer (BioScientific Corp), NEOGEN Food Safety, Thermo Fischer Scientific,Labtek Services Ltd.,R-Biopharm, Eurofins, Sciex, Charm Sciences, DSM ,and IDEXX Labs.

The key market players are prioritizing the incorporation of advance testing methods and shortening the testing in Antibiotic residue diagnostics domains. They are also actively developing multi-purpose testing kits with higher accuracy and quick response time.

More Insights on the Antibiotic Residue Test Kits Market

In its latest report, Fact.MR offers unbiased analysis of the global antibiotic residue test kits market. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of test type (beta-lactams, macrolides, tetracycline, Amino-glycosides, Amphenicols, and Sulfonamides) and end user (food and beverages industry, veterinary, and independent laboratory) across six regions (North America, Latin America, Europe, Japan, Asia Pacific excluding Japan, and Middle East & Africa).

Request more information about Report Methodology

https://www.factmr.com/connectus/sample?flag=RM&rep_id=496

Explore Fact.MR’s Coverage on the Healthcare Domain

Paper Based Diagnostic Test Kits Market: A recent study by Fact.MR on the paper based diagnostic test kits market offers a 10-year forecast analysis for the period 2017 to 2027. The study analyzes key trends that are currently determining the growth of the market. This report covers key dynamics, including drivers, restraints, and opportunities for leading market players along with key stakeholders and emerging players.

Direct Fluorescent Antibody Test Kits: Fact. MR’s extensive coverage on the direct fluorescent antibody test kits market offers in-depth insights about the prominent growth dynamics that are likely to aid expansion of growth prospects in the near future. Data has been presented in the form of key segments across prominent geographies, along with important information concerning key manufacturers operating within the industry.

Ready-to-use Laboratory Test Kits: The global ready-to-use laboratory test kitsmarket study published by Fact.MR offers an unbiased analysis of the prominent drivers, opportunities and trends expected to shape future expansion outlook. The report provides a comprehensive assessment on the prominent segments and geographies which are likely to benefit market players in forthcoming years.

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
Follow Us: LinkedIn | Twitter
Source: Fact.MR