The rising demand for feed testing services due to regulations regarding feed safety and quality in the emerging markets has encouraged companies to adopt this strategy.
The feed testing market is dominated by few market players that account for a major share. Expansions and investments formed the key strategy adopted by industry players in order to grow in the feed testing market. The rising demand for feed testing services due to regulations regarding feed safety and quality in the emerging markets has encouraged companies to adopt this strategy.
The companies extend their operations in new markets and are establish new offices to create a dynamic global network. The companies involving in new feed testing systems include Silliker Inc. (U.S.), Intertek Group Plc (U.K.), Eurofins Scientific (Luxembourg), Institut für Produktqualität (Germany), and Romer Labs Inc. (U.S.). Other prominent companies in the market include Charm Sciences Inc. (U.S.), Whitbeck Laboratories, Inc. (U.S.), EMSL Analytical, Inc. (U.S.), and Trilogy Analytical Laboratory (U.S.).
The market players are focusing on entering new markets by launching technologically advanced and innovative feed testing kits, and methods in both, existing and emerging markets. Silliker Inc., Intertek Group Plc, Eurofins Scientific, Institut für Produktqualität, and Romer Labs Inc. are some of the leading market players that adopted this strategy in order to develop their business. These companies focus on offering advanced systems that have relatively low run-time and can be used to perform several tests in a single cycle.
Related Reports:
Feed Testing Market by Livestock (Swine, Poultry, Pets, Equine, Cattle, and Aquatic Animals), by Type (Mycotoxin, Pathogen, Nutritional Labeling, Crop Chemicals, Fats & Oils, and Others), & Geography - Global Trends & Forecasts to 2019
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