+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Heavy Metal Testing Global Market Report 2024

  • PDF Icon

    Report

  • 175 Pages
  • January 2024
  • Region: Global
  • The Business Research Company
  • ID: 5931035
The global heavy metal testing market has grown strongly in recent years. It will grow from $3.34 billion in 2023 to $3.58 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increasing awareness of the health risks of heavy metal exposure, growing demand for food safety, growing focus on sustainability, growing demand for personalized medicine,.

The global heavy metal testing market is expected to see strong growth in the next few years. It will grow to $4.53 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to growing emphasis on environmental safety, growing industrialization, government initiatives, increasing demand for personal care and cosmetics products, growing demand for dietary supplements. Major trends in the forecast period include advancements in heavy metal testing, real-time and portable testing, increased automation, green testing practices.

The growth of the heavy metal testing market is expected to be propelled by the rising incidence of foodborne diseases. Foodborne diseases are illnesses resulting from the consumption of food or beverages contaminated with harmful agents. When heavy metals reach elevated levels in food, they can lead to foodborne diseases. Heavy metal testing plays a vital role in the detection and monitoring of food that may be contaminated with these substances. The assessment of hazardous metal concentrations across various food categories is crucial for preventing foodborne illnesses and ensuring the safety of our food supply. For example, as of December 2022, the European Food Safety Authority, an independent organization based in Italy dedicated to providing scientific guidance on food and feed safety, nutrition, and related matters, reported a significant increase in foodborne outbreaks in 2021, with a 29.8% rise compared to 2020, resulting in 4,005 foodborne outbreaks. This increase in foodborne diseases highlights the driving force behind the growth of the heavy metal testing market.

The increasing incidence of chronic diseases is anticipated to be a significant factor driving the growth of the heavy metal testing market. Chronic diseases, characterized by lasting for a year or more and requiring ongoing medical attention, have become increasingly prevalent in society. These conditions often result from prolonged exposure to heavy metals like lead, mercury, arsenic, and cadmium, which can lead to various diseases and health problems. To manage and mitigate the impact of these chronic disorders caused by heavy metal exposure, the demand for heavy metal testing is on the rise. For example, as of May 2023, the Centers for Disease Control and Prevention in the United States reported that over 35.5 million adults, which accounts for approximately 14% of the population, are estimated to have chronic kidney disease (CKD). Alarmingly, one-third of individuals with severe CKD are unaware of their condition. This underscores the importance of heavy metal testing in identifying and addressing chronic diseases related to heavy metal exposure. Thus, the increasing incidence of chronic diseases serves as a key driver for the growth of the heavy metal testing market.

The heavy metal testing market faced hindrances during the historic period due to the substantial expenses associated with testing equipment. The elevated costs linked with the necessary equipment led to increased overall testing expenses, potentially constraining the accessibility of testing services. These high price points rendered the heavy metal testing equipment costly, potentially restricting its adoption by certain organizations and individuals. For instance, an example from Alibaba.com illustrates the cost implications, where laboratory heavy metal leaching analysis equipment for soil testing is priced in the range of $1,500.00 to $4,000.00. Such expenditures can deter potential users and limit the market's growth.

Prominent companies in the heavy metal testing market are increasingly focusing on the introduction of advanced sensors for testing solutions as a strategy to enhance their market profitability. These sensors play a critical role in heavy metal testing solutions by identifying the presence and concentrations of toxic heavy metals in various substances. For example, in February 2023, Palintest Ltd., a UK-based manufacturer specializing in water analysis technologies, unveiled a new series of arsenic sensors. These sensors are compatible with their portable testing solutions, Kemio Heavy Metals and Kemio Multi. The newly introduced sensors have the capability to measure concentrations ranging from 2 to 250 g/L and can detect both total arsenic and arsenic (III). The Kemio sensor systems offer a safer alternative to traditional field-testing methods, which often involve the use of hazardous chemicals like mercury bromide. Through Palintest's Kemio technology and arsenic sensors, governments, water providers, non-governmental organizations, and communities can swiftly identify areas with arsenic pollution, respond promptly to elevated levels, and mitigate associated risks.

In May 2021, Applus+ Laboratories S.A., a company based in Spain that offers services in testing, inspection, certification, and engineering, acquired IMA Dresden for an undisclosed sum. This strategic acquisition bolsters Applus+ Laboratories' standing as a leading global provider of mechanical testing for product development while also opening up substantial opportunities to expand its range of services both locally and internationally. IMA Dresden, based in Germany, specializes in heavy metal testing solutions, enabling the measurement of heavy metal concentrations in diverse materials such as water, soil, and food.

Major players in the heavy metal testing market are Merck KGaA, Eurofins Scientific SE, SGS S.A., Bureau Veritas SA, Intertek Group PLC, Shimadzu Corporation, TUV SUD, Element Materials Technology Group Limited, Merieux NutriSciences Corporation, ALS Limited, LGC Limited, MTS Systems Corporation, Montrose Environmental Group Inc., Pace Analytical Services LLC, EMSL Analytical Inc., AsureQuality Ltd., Applied Technical Services Inc., Analytik Jena GmbH, Microbac Laboratories Inc., UFAG Laboratorien AG, Consumer Product Testing Company Inc., Quicksilver Scientific Inc., OMIC USA Inc., General Mills Inc., Brooks Applied Labs LLC, Innerbody Research, IFP Institute for Product Quality GmbH, Alex Stewart International Corporation Ltd., BLC Chemical Testing, Advanced MicroAnalytical.

North America was the largest region in the heavy metal testing market in 2023. Asia-Pacific is expected to be fastest growing region in the forecast period. The regions covered in heavy metal testing report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the heavy metal testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The key heavy metals that heavy metal testing addresses include arsenic, cadmium, lead, mercury, and other heavy metals. Arsenic, denoted as As, is a chemical element that exhibits both metallic and non-metallic characteristics. Arsenic heavy metal testing serves a vital role in preserving human health, identifying environmental contamination, and upholding safety standards and regulations related to arsenic exposure. Various testing technologies are employed, such as ICP-MS (inductively coupled plasma mass spectrometry), OES (optical emission spectroscopy), AAS (atomic absorption spectroscopy), and other methods. These testing procedures find application in environmental and industrial contexts and are utilized by a diverse range of end-users, including those in the food and beverage, dietary supplement, animal feed, fats and oils industries, among others.

This report provides heavy metal testing market statistics, including heavy metal testing industry global market size, regional shares, competitors with a heavy metal testing market share, detailed heavy metal testing market segments, market trends and opportunities and any further data you may need to thrive in the heavy metal testing industry. This heavy metal testing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The heavy metal testing market consists of revenues earned by entities by providing sample preparation, calibration and standardization. The market value includes the value of related goods sold by the service provider or included within the service offering. The heavy metal testing market also includes sales of environmental testing instruments and heavy metal panels. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.

Table of Contents

1. Executive Summary2. Heavy Metal Testing Market Characteristics3. Heavy Metal Testing Market Trends and Strategies
4. Heavy Metal Testing Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Heavy Metal Testing Market Size and Growth
5.1. Global Heavy Metal Testing Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Heavy Metal Testing Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Heavy Metal Testing Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Heavy Metal Testing Market Segmentation
6.1. Global Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Arsenic
  • Cadmium
  • Lead
  • Mercury
  • Other Types
6.2. Global Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • ICP-MS (Inductively Coupled Plasma Mass Spectrometry) and OES (Optical Emission Spectroscopy)
  • AAS (Atomic Absorption Spectroscopy) Heavy Metal Testing
  • Other Technologies
6.3. Global Heavy Metal Testing Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Environmental
  • Industrial
6.4. Global Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Food
  • Beverage
  • Dietary Supplement
  • Animal Feed
  • Fat and Oils
  • Other End Users
7. Heavy Metal Testing Market Regional and Country Analysis
7.1. Global Heavy Metal Testing Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Heavy Metal Testing Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Heavy Metal Testing Market
8.1. Asia-Pacific Heavy Metal Testing Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Heavy Metal Testing Market
9.1. China Heavy Metal Testing Market Overview
9.2. China Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Heavy Metal Testing Market
10.1. India Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Heavy Metal Testing Market
11.1. Japan Heavy Metal Testing Market Overview
11.2. Japan Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Heavy Metal Testing Market
12.1. Australia Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Heavy Metal Testing Market
13.1. Indonesia Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Heavy Metal Testing Market
14.1. South Korea Heavy Metal Testing Market Overview
14.2. South Korea Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Heavy Metal Testing Market
15.1. Western Europe Heavy Metal Testing Market Overview
15.2. Western Europe Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Heavy Metal Testing Market
16.1. UK Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Heavy Metal Testing Market
17.1. Germany Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Heavy Metal Testing Market
18.1. France Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Heavy Metal Testing Market
19.1. Italy Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Heavy Metal Testing Market
20.1. Spain Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Heavy Metal Testing Market
21.1. Eastern Europe Heavy Metal Testing Market Overview
21.2. Eastern Europe Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Heavy Metal Testing Market
22.1. Russia Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Heavy Metal Testing Market
23.1. North America Heavy Metal Testing Market Overview
23.2. North America Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Heavy Metal Testing Market
24.1. USA Heavy Metal Testing Market Overview
24.2. USA Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Heavy Metal Testing Market
25.1. Canada Heavy Metal Testing Market Overview
25.2. Canada Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Heavy Metal Testing Market
26.1. South America Heavy Metal Testing Market Overview
26.2. South America Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Heavy Metal Testing Market
27.1. Brazil Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Heavy Metal Testing Market
28.1. Middle East Heavy Metal Testing Market Overview
28.2. Middle East Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Heavy Metal Testing Market
29.1. Africa Heavy Metal Testing Market Overview
29.2. Africa Heavy Metal Testing Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Heavy Metal Testing Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Heavy Metal Testing Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Heavy Metal Testing Market Competitive Landscape and Company Profiles
30.1. Heavy Metal Testing Market Competitive Landscape
30.2. Heavy Metal Testing Market Company Profiles
30.2.1. Merck KGaA
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Eurofins Scientific SE
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. SGS S.a.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Bureau Veritas SA
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Intertek Group PLC
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Heavy Metal Testing Market Other Major and Innovative Companies
31.1. Shimadzu Corporation
31.2. TUV SUD
31.3. Element Materials Technology Group Limited
31.4. Merieux NutriSciences Corporation
31.5. ALS Limited
31.6. LGC Limited
31.7. MTS Systems Corporation
31.8. Montrose Environmental Group Inc.
31.9. Pace Analytical Services LLC
31.10. EMSL Analytical Inc.
31.11. AsureQuality Ltd
31.12. Applied Technical Services Inc.
31.13. Analytik Jena GmbH
31.14. Microbac Laboratories Inc.
31.15. UFAG Laboratorien AG
32. Global Heavy Metal Testing Market Competitive Benchmarking33. Global Heavy Metal Testing Market Competitive Dashboard34. Key Mergers and Acquisitions in the Heavy Metal Testing Market
35. Heavy Metal Testing Market Future Outlook and Potential Analysis
35.1 Heavy Metal Testing Market in 2028 - Countries Offering Most New Opportunities
35.2 Heavy Metal Testing Market in 2028 - Segments Offering Most New Opportunities
35.3 Heavy Metal Testing Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Analyst
36.6. Copyright and Disclaimer

Executive Summary

This report provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on heavy metal testing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for heavy metal testing? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:

1) By Type: Arsenic; Cadmium; Lead; Mercury; Other Types
2) By Technology: ICP-MS (Inductively Coupled Plasma Mass Spectrometry) and OES (Optical Emission Spectroscopy); AAS (Atomic Absorption Spectroscopy) Heavy Metal Testing; Other Technologies
3) By Application: Environmental; Industrial
4) By End User: Food; Beverage; Dietary Supplement; Animal Feed; Fat and Oils; Other End Users

Key Companies Mentioned: Merck KGaA; Eurofins Scientific SE; SGS S.A.; Bureau Veritas SA; Intertek Group PLC

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Methodology

Loading
LOADING...