Residue Testing Market estimated to be valued over US $3,300 Mn in 2016 and expanding at a growth rate about 7% from 2019 to 2025. Agriculture residue is a word which is used to describe the small traces of veterinary and agricultural chemicals, their breakdown products which remain inside or outside of the agricultural product. In other words it is a contaminant which shows negative effects on the health and safety of the consumers. Usually residues include traces of heavy metals, mycotoxins, micro-organisms, among others. Residue testing is performed in order to determine whether the agro products complies with Minimum residue limits (MRL) or Maximum levels (ML) for chemical and metal residues and to check whether the soils contains any organochlorine insecticides residues such as DDT and dieldrin, among others.
Major Key Players of the Residue Testing Market are:
Intertek Group plc. (U.K.), SGS S.A. (Switzerland), Silliker Inc. (U.S.), Eurofins Scientific (Luxembourg), Bureau Veritas S.A. (France), ALS Limited (Australia), Microbac Laboratories, Inc. (U.S.) and AsureQuality Laboratories (New Zealand).
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