Hyderabad, India -- (SBWIRE) -- 02/22/2018 -- According to a new market research report "Agricultural Testing Market - By Sample Type (soil, water, seed, bio-solids, manures and others), by Application [contaminants (Toxins, Chemical Residues, Pathogens, Others) and Quality assurance (Chemical quality assurance and Physical quality assurance)], & by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)", published by MarketDataForecast™, The Global agricultural testing market was valued to be worth $ 4485.5 million in 2016 and is expected to grow with a CAGR of 5.9% to approach $ 5974.35 million by 2021. Increasing focus on more scientific and accurate agricultural practices is the main reason behind the projected high growth of the market in the recent future.

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Soil sample segment to solely dominate the future market

According to sample, the global market is classified into the water, seed, bio-solids, manures, soil and other samples. In many developing and developed countries, the main importance in agriculture is laid on soil and water samples. This is the reason for the domination of soil sample segment on the global market. Increasing number of the government schemes for soil testing is also a promoter for market growth.

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Organic farming techniques to promote the contaminants testing segment
On the basis of classification by application, the global market is broadly segmented into contaminants market is segmented into Contaminants and Quality assurance factors. The stringent rules of safeguarding the environment have increased the demand for several contaminant testing methods in farming. Organic farming techniques have been a positive influence on the Quality assurance segment of the market.

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North America is calculated to command the largest share of the global market

Based on categorization by geography, the global market is studied as North America, Europe, Asia-Pacific and Rest of the World. Because of the prevalence of a relatively more scientific farming in the region, the North America region dominates the global market share. With the presence of agricultural countries like China and India, Asia Pacific region projects a high growth rate.

Leading Companies in the global Agriculture Testing market include Agilent Technologies, Inc., Eurofins Scientific, R J Hill Laboratories Ltd., Bureau Veritas S.A., SCS Global Services, and ALS Limited.

The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
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