GRAIN ANALYSIS MARKET ANALYSIS

Regional Analysis

• Asia Pacific is the fastest growing region in grain analysis market. China and India are the major economies in this region with largest number of consumers and producers. According to the Food and Agricultural Organization, the production of rice in Asia is around 90% of the total world rice production, which is a major growth driver for growth of grain analysis market. The large quantities of grains being damaged from insects and microorganisms and exposure from heat has also resulted in the demand for grain analysis. Stringent government regulations, improvement in technology, and need of analysis for preservation of food for longer period is a key factor in driving the growth of grain analysis market.
• North America and Europe are the leading market for grain analysis in 2016. The U.S, Canada, Germany, and France are some of the major economies in agricultural trade in these regions. According to United States Department of Agriculture, in 2012, about 355 million metric tons of food grain was produced by the U.S, which increased to 443 million metric tons in 2014. The increase in production of food grains offers an attractive market for grain analysis in this economies. Grain analysis also helps to detect pesticide residue and offers prevention from different food borne diseases, which is expected to further drive the growth of grain analysis market over the forecast period.