Heavy Metal Testing Market Study Report Based on Size, Shares, Opportunities, Industry Trends and Forecast to 2028

According to the current analysis of Reports and Data, The global  heavy metal testing market was valued at USD 2,976.0 Million in 2020 and is projected to grow at a CAGR of 6.9% from 2020 to reach 5,109.0 Million by the year 2028

 

 

The major driving factors in heavy metal testing market are active involvement of government and regulatory bodies to monitor heavy metal levels in food water and rising geriatric population and resultant growth in the need for cellular health screening

According to the current analysis of Reports and Data, The global  heavy metal testing market was valued at USD 2,976.0 Million in 2020 and is projected to grow at a CAGR of 6.9% from 2020 to reach 5,109.0 Million by the year 2028. Heavy metal testing is a group of tests that are required to measure the level of potentially harmful heavy metals such as lead, mercury, cadmium, chromium, and arsenic is present in food items. Heavy metal testing is an essential step in food safety and security. The presence of heavy metal can lead to detrimental metal poisoning, which can lead to serious health problems. As we know, the primary intake sources of heavy metals are fruits, vegetables, nuts, cereals, fish, and seafood. In the case of lead, drinking water is a key participant in the accumulation of heavy metal into our body. Since the toxicological impacts of heavy metals on children and elderly people are considered unsuitable, the demand for heavy metal testing is growing significantly over the estimated period. Regulatory bodies across the globe have set threshold limits for heavy metal in different food groups such as seafood, vegetables, fruits, cereals, meat, fish, fats and oils, milk, baby food, and infant formula. Hence heavy metal testing has become an essential step for food security.

The market is driven by various factors such as growing incidences of heavy metal contamination in meat associated products due to contaminated animal feed, an active involvement of government regulatory bodies who monitor heavy metal levels in food beverages, and drastic globalization of food trade . The need for heavy metal testing in applications like animal feed and the launch of unique cost-effective rapid technologies for faster and reliable test results provides new growth opportunities for market players.

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The report provides comprehensive assessment of the market covering key elements such as revenue estimations, cost analysis, import/export, production and consumption trends, CAGR, gross margin, and supply demand patterns. It also sheds light on recent technological developments, product advancements, and research and development activities in the region.

The report examines the key players operating in the market along with their market position, market share, revenue, gross margin, and business strategies. SWOT analysis and Porter's Five Forces Analysis are used to examine and assess the market and its players. It also covers recent mergers and acquisitions, joint ventures, collaborations, agreements, partnerships, and product launch and brand promotions.

Key companies profiled in the report include:

SGS, Intertek, Eurofins, TUV SUD, ALS Limited, Mérieux Nutrisciences, LGC Group, Asurequality, Microbac Laboratories, EMSL Analytical, IFP Institut Für Produktqualität, and Omic USA 

Market Segmentation by Types:

Heavy Metal Type (Revenue, USD Million; 2020-2028)

  • Arsenal
  • Cadmium
  • Lead
  • Mercury
  • Others

Technology (Revenue, USD Million; 2020-2028)

  • ICP-MS OES
  • Atomic Absorption Spectroscopy (AAS)
  • Others

Sample (Revenue, USD Million; 2020-2028)

  • Food
    • Meat, Poultry, and Seafood
    • Dairy Products
    • Processed Food
    • Fruits Vegetables
    • Cereals Grains
    • Nuts, Seeds, and Spices
    • Others
  • Water
    • Drinking Water
    • Wastewater
    • Industrial Water
  • Blood Other Samples

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Regional analysis covers in-depth analysis of analysis of the revenue, market share, and growth rate of the global Heavy Metal Testing market in each region for the forecast period of 2021-2028. The report covers production and consumption rate, current and emerging trends, import/export, supply and demand, and presence of key players in each region.

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA

Further key findings from the report suggest

  • By heavy metal type, arsenic held an outstanding share of 36.1% in 2020. The increased incidence of cancers exposed to arsenic is one of the factors predictable to impel the demand market for the forecast period.
  • Agricultural soils usually contain low background levels of heavy metals. Contamination from industrial activities or byproducts can increase the natural levels of heavy metals in soil, creating a health hazard to people, livestock, and plants.

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