According to a market report by Lucintel, the future of the heavy metal testing market looks promising with opportunities in the food, beverage, dietary supplement, animal feed, and fats & oil end use industries. The heavy metal testing market is expected to grow with a CAGR of 7% from 2019 to 2024. The major drivers for this market are growth in the packaged food industry leading to an increase in packaging-induced heavy metal contamination, rising geriatric population and the resultant growth in the need for cellular health screening, an increase in heavy metal contaminated meat & meat products, and implementation of stringent regulations.
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In this market, arsenic, cadmium, lead, and mercury are the major product segments. Arsenic is the largest product segment of the heavy metal testing market.
ICP-MS & OES and atomic absorption spectroscopy (AAS) are the major technology segments of the heavy metal testing market.
North America will remain the largest region over the forecast period for the heavy metal testing market.
SGS, Eurofins, TUV SUD, ALS, Mérieux Nutrisciences, LGC Group, Asurequality, Microbac Laboratories, EMSL Analytical, and IFP Institut Für Produktqualität are among the major players in the heavy metal testing market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the heavy metal testing market by product, technology, sample, end use industry, application, and region. Lucintel has prepared a comprehensive research report titled "Heavy Metal Testing Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the heavy metal testing market by product, technology, sample, end use industry, application, and region as follows:
By Product [$M shipment analysis for 2013 – 2024]:
Arsenic
Cadmium
Lead
Mercury
Others
By Technology [$M shipment analysis for 2013 – 2024]:
ICP-MS & OES
Atomic Absorption Spectroscopy (AAS)
Others
By Sample [$M shipment analysis for 2013 – 2024]:
Food
Water
Blood and Other Samples
By End Use Industry [$M shipment analysis for 2013 – 2024]:
Food
Beverage
Dietary Supplement
Animal Feed
Fat and Oil
Other
By Application [$M shipment analysis for 2013 – 2024]:
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
United Kingdom
Germany
France
Italy
Spain
Asia Pacific
Rest of the World (ROW)
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/heavy-metal-testing-market.aspx or helpdesk@lucintel.com.
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