The residue testing market, in terms of value, is projected to reach USD 4.41 Billion by 2021, at a CAGR of 6.4% from 2016. Increase in outbreaks of chemical contamination in food processing industries, growth in allergic reactions among consumers, and implementation of stringent food safety regulations are some of the factors driving this market.

The global market, based on the residue type, has been segmented into pesticides, toxins, heavy metals, food allergens, and others. The pesticides and the food allergen segments are the fastest-growing segments in residue testing. The pesticide residues have been further segmented into herbicides, fungicides, insecticides, and others (including acaricides, nematicides, rodenticides, fumigants, and disinfectants). The toxins have been sub-segmented into mycotoxins such as aflatoxins, ochratoxins, patulin, fusarium toxins, and others (including alkaloids, sterigmatocystin, cyclopiazonic acid, citrinin, and other plant toxins).

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The heavy metals have been sub-segmented into arsenic, cadmium, lead, mercury, and others (including chromium, tin, and nickel). The food allergens have been sub-segmented into peanut & soy, wheat, milk protein, egg protein, tree nuts, and others (including sulfites, sesame seeds, and celery).

The residue testing market, based on technology has been segmented into chromatography, spectroscopy, immunoassay and other molecular technologies such as PCR and other rapid tests. Residue testing through chromatography technology is the fastest-growing in the residue testing market. Residue testing by food tested has been segmented into meat & poultry, dairy products, processed foods, fruits & vegetables, cereals & grains, nuts, seeds & spice products, and others (including food additives and functional food ingredients).

Asia-Pacific is the fastest-growing region for residue testing due to the increasing number of outbreaks in food residues. Food safety is gaining importance in the region due to incidences of food contamination with chemical residues; for instance, various cases of food allergens, and toxicity were recorded. Growth in this region is driven by various rules & regulations implemented by different countries. Food security standards are becoming increasingly stringent to ensure a safer supply of food to individuals in local and foreign countries, which further drives the market.