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 quantify 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 infants and elderly people are considered unfavorable, 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 formulae. Hence heavy metal testing has become an essential step for food security.
Market Overview:
The pharma and healthcare industry is at a crossroads. Patients are benefiting from the promise of cell and gene therapies; uncommon diseases that were previously thought to be incurable are on the verge of finding true treatments. Artificial intelligence (AI) and machine-learning technologies are creating hopes that therapy discovery and development would be more innovative, as well as faster and cheaper. Manufacturing, the supply chain, and the entire healthcare ecosystem all have the potential to benefit from data-driven initiatives. Consumer attitudes and behaviours are shifting in a variety of ways, from growing use of technology and willingness to share data to an interest in using tools to make prescription and treatment decisions. Such factors will drive pharma and healthcare market growth in the coming years.
Some key highlights of the report:
- By heavy metal type, arsenic held an outstanding share of 36.1% in 2020. The increased incidence of cancers among people 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.
Key Players covered in this report are
SGS, Intertek, Eurofins, TUV SUD, ALS Limited, Mérieux Nutrisciences, LGC Group, Asurequality, Microbac Laboratories, EMSL Analytical, IFP Institut Für Produktqualität, and Omic USA were some of the significant players in heavy metal testing market In May 2017, Symbio Laboratories has acquired Sydney based laboratory company Advanced Analytical Australia Pty Ltd (AAA). AAA has a broad range of testing services, which are environmental, food, agrichemical, and biopharmaceuticals market sectors.
Heavy Metal Type (Revenue, USD Million; 2020-2028)
- Arsenic
- 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
Key Regional Markets Studied in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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