Key role of simple diagnostic tests in detecting the presence of antibiotic residues in foods derived from animals will continue to propel the demand for antibiotic residue test kits. These tests ensure the food is safe for human consumption. Findings from these tests are of great value in increasing the nutritional index of animal-based foods. Moreover, stringent food safety measures continue to necessitate the need for adopting antibiotic residue test kits in the food & beverage industry.
Fact.MR’s recent report estimates the expansion of the global market for antibiotic residue test kits for the period, 2017-2026. During this forecast period, the global antibiotic residue test kits market is expected to witness growth at 6.2% CAGR in terms of value. By the end of 2026, around US$ 295 Mn worth of antibiotic residue test kits are expected to be sold globally.
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Leading companies partaking in the development of antibiotic residue test kits have been profiled in this report. Companies namely
- Thermo Fischer Scientific
- Charm Sciences
- Perkin Elmer (BioScientific Corp)
- Labtek Services Ltd.
- NEOGEN Food Safety
- IDEXX Labs
- Eurofins and Sciex