Report Overview

Thailand Grain Analysis Market - Industry Trends & Forecast Report, 2029

Thailand grain analysis market size was estimated at USD 61.75 million in 2022. During the forecast period between 2023 and 2029, Thailand grain analysis market size is projected to grow at a CAGR of 6.69% reaching a value of USD 96.5 million by 2029. Major growth factors for the Thailand Grain Analysis market include the rising prevalence of various food-borne illnesses along with expanding global trade of grains. The excessive use of chemicals during the agricultural process and the flourishing import and export of grains are prompting the analysis of grains to maintain their quality and safety standards for consumption, which is offering lucrative growth opportunities to the Thailand grain analysis market.

Thailand Grain Analysis Market – Overview

The grain analysis determines the quality of dietary grains. With specific technology, the grain analysis procedure examines grain contamination. It often includes but is not limited to precise estimation of nutrient take-off; the chance to spot any nutritional inadequacies in the harvested crop that could have had an influence on its success; Details to take into account when calculating future nutrient requirements for the following crops.

Thailand Grain Analysis Market

Growth Drivers

Rising Prevalence of Food Borne Disease

The World Health Organization states that foodborne illnesses can develop at any point in the food production, distribution, and consumption chain due to food contamination. They may be the consequence of hazardous food processing and storage practices, environmental contamination in soil, water, or air pollution, or a combination of these. The use of pesticides is becoming a common practice. Pesticide residues including zearalenone, organophosphorus insecticides, and pyrethroids, however, are highly common in these kinds of samples, according to pesticide monitoring programs. The bacterial pathogens Bacillus cereus, Coliforms, and Enterococci can infect cereal grains and cereal products and create issues. This promotes the use of grain analysis in Thailand to ensure contamination-free food in the country, propelling its overall market growth.

Restraints

Lack Of Awareness about Food Safety

Although, the Food Act of B.E. 2522 (1979) is imposed in Thailand “aimed at protecting and preventing consumers from health hazards occurring from food consumption”, its lackluster implementation is preventing the use of grain analysis in the country. The use of grain analysis and the rejection of grain samples may further increase the operational cost as well as may incur losses to the farmers, which is making them reluctant in using grain analysis to ensure the safety of their products. This is acting as a major restraint for market growth.

Impact of COVID-19 on Thailand Grain Analysis Market

The unprecedented COVID-19 initially halted the growth of the Thailand grain analysis market. The supply chain disruptions throughout the world hindered the supply of grain analysis kits as well as the shortage of human resources disturbed the analysis activities in the region. However, the rising need to ensure grains as pathogen-free and the adoption of a healthy diet post the virus outbreak scenario is creating new growth opportunities for the grain analysis market in Thailand.

Thailand Grain Analysis Market

Segmental Coverage

Thailand Grain Analysis Market – By Grain Type

Based on grain type, the Thailand grain analysis market is segregated into cereals, oilseeds, and pulses segments. The cereals segment holds the highest share in the Thailand grain analysis market. Cereals may have mycotoxin buildup issues, allergies, food viruses, and pesticides, all of which pose serious health risks. According to estimates, mycotoxins are present in 25% of the 189 agricultural commodities produced across the world. This is influencing the need for grain analysis to ensure the safe consumption of these cereals, propelling the market growth.

Thailand Grain Analysis Market – By Target Tested

Based on target tests, the Thailand grain analysis market is segmented into pathogens, pesticides, GMOs, mycotoxins, and others. The Genetically modified organism (GMO) testing segment accounts for the highest share of the market. Regular GMO testing is necessary because agricultural goods containing GMOs may accidentally mix with non-GMO feeds and foods. Accordingly, GMO identification is necessary along the whole supply chain to prevent cross-contamination, as GM crops may accidentally enter the manufacturing of non-GM food and feed.

Thailand Grain Analysis Market – By Technology

Based on technology, the Thailand grain analysis market is segmented into traditional technology, agar culturing, rapid technology, convenience-based, polymerase chain reaction (PCR), immunoassay, chromatography, and spectrometry. The polymerase chain reaction segment accounts for the highest market share. The detection of genetically modified organisms (GMOs) in various matrices, as well as the detection of food contamination with food-borne pathogens and toxigenic fungi, all include the use of PCR methods.

Thailand Grain Analysis Market – By End User

Based on the end user, the Thailand grain analysis market is segregated into food, safety, quality, and feed segments. The food segment dominates the Thailand grain analysis market owing to the high consumption of grains as a staple food in Thailand. This results in high demand for grains as well as the need for grain analysis to determine the quality of the grains and to determine inaptness for human consumption.

Thailand Grain Analysis Market – By Channel

Based on channel, the Thailand grain analysis market is split into direct sales and distributors. The distributor's segment holds a higher share of the market. These channels act as a manufacturer, suppliers as well as exporters of grain analysis kits in the Thailand market. The availability of a wide variety of products from various brands and of different price ranges acts as a major driving factor for the distributor's channel.

Thailand Grain Analysis Market – By Component

Based on component, the Thailand grain analysis market is segregated into instruments, reagents & consumables, and reference materials segments. The instruments segment accounts for the highest share in the Thailand grain analysis market. Modern instruments are much simpler to operate and comprehend than older models since the software handles the majority of the work. These tools have an app attached to them because they are directly integrated into a desktop, laptop, or mobile device (such as a smartphone or tablet). The grain analysis is significantly easier to use than many other technologies available today since it crunches the data and displays the vital information in a convenient dashboard.

Competitive Landscape

Major players operating in Thailand's Grain Analysis market include Thermo Fisher Scientific Inc., Intertek Group plc, Eurofins Scientific, ALS Limited, SGS SA, TUV SUD, NEOGEN Corporation, Micro Labs Ltd, and Advanced Laboratory Testing. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Grain Type

• Cereals

• Oilseeds

• Pulses

By Target Tested

• Pathogens

• Pesticides

• GMO

• Mycotoxins

• Others

By Technology

• Traditional Technology

• Agar culturing

• Rapid Technology

• Convenience-based

• Polymerase chain reaction (PCR)

• Immunoassay

• Chromatography and spectrometry

By End User

• Food

• Safety

• Quality

• Feed

By Channel

• Direct sales

• Distributors

By Component

• Instruments

• Reagents & Consumables

• Reference Materials

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Thailand Grain Analysis Market Insights
   1. Industry Value Chain Analysis
      1. DROC Analysis
      2. Growth Drivers
         1. Increasing Need for Food and Safety Regulations Due to Increasing Food-Borne Diseases
         2. Increasing Adoption of Various Food Safety Control Systems
      3. Restraints
         1. Lack of Awareness about the Safety
      4. Opportunities
         1. Advancement in Technology
      5. Challenges
   2. Technological Advancement/Recent Developments
   3. Regulatory Framework
   4. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Thailand Grain Analysis Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Grain Type
         1. Cereals
         2. Oilseeds
         3. Pulses
      2. By Target Tested
         1. Pathogens
         2. Pesticides
         3. GMO
         4. Mycotoxins
         5. Others
      3. By Technology
         1. Traditional Technology
         2. Agar culturing
         3. Rapid Technology
         4. Convenience-based
         5. Polymerase chain reaction (PCR)
         6. Immunoassay
         7. Chromatography and spectrometry
      4. By End User
         1. Food
         2. Safety
         3. Quality
         4. Feed
      5. By Channel
         1. Direct sales
         2. Distributors
      6. By Component
         1. Instruments
         2. Reagents & Consumables
         3. Reference Materials
5. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Thailand Grain Analysis Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of Covid-19 on Thailand Grain Analysis Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. Thermo Fisher Scientific Inc.
   2. Intertek Group plc
   3. Eurofins Scientific
   4. ALS Limited
   5. SGS SA
   6. TUV SUD
   7. NEOGEN Corporation
   8. Microlabs Ltd
   9. Advanced Laboratory Testing
   10. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
   1.       Qualitative Research
      1.   Primary & Secondary Research
   2.       Quantitative Research
   3.       Market Breakdown & Data Triangulation
      1.   Secondary Research
      2.   Primary Research
   4.       Breakdown of Primary Research Respondents, By Region
   5.       Assumptions & Limitations

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1       Thailand Grain Analysis Segmentation

Figure 2       Thailand Grain Analysis Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       Thailand Grain Analysis Market Size, By Value (USD Million), 2019–2029

Figure 5       Thailand Grain Analysis Market Share, By Grain Type,  By Value, 2019–2029

Figure 6       Thailand Grain Analysis Market Share, By Target Tested, By Value, 2019–2029

Figure 7       Thailand Grain Analysis Market Share, By Technology,  By Value, 2019–2029

Figure 8       Thailand Grain Analysis Market Share, By End User, By Value, 2019–2029

Figure 9         Thailand Grain Analysis Market Share, By Channel, By Value, 2019–2029

Figure 10        Thailand Grain Analysis Market Share, By Component, By Value, 2019–2029

List of Tables

Table 1        Thailand Grain Analysis Market Size, By Value (USD Million), 2019–2029

Table 2        Thailand Grain Analysis Market Size, By Grain Type ,  By Value, 2019–2029

Table 3        Thailand Grain Analysis Market Size, By Target Tested, By Value, 2019–2029

Table 4        Thailand Grain Analysis Market Size, By Technology,  By Value, 2019–2029

Table 5        Thailand Grain Analysis Market Size, By End User, By Value, 2019–2029

Table 6          Thailand Grain Analysis Market Size, By Channel, By Value, 2019–2029

Table 7          Thailand Grain Analysis Market Size, By Component, By Value, 2019–2029

Table 6        Thermo Fisher Scientific Inc. Company Overview

Table 7        Thermo Fisher Scientific Inc. Financial Overview

Table 8        Intertek Group plc Company Overview

Table 9        Intertek Group plc  Financial Overview

Table 10      Eurofins Scientific Company Overview

Table 11      Eurofins Scientific Financial Overview

Table 12      ALS Limited Company Overview

Table 13      ALS Limited Financial Overview

Table 14      SGS SA Company Overview

Table 15      SGS SA Financial Overview

Table 16      TUV SUD Company Overview

Table 17      TUV SUD Financial Overview

Table 18      NEOGEN Corporation Company Overview

Table 19      NEOGEN Corporation Financial Overview

Table 20      Microlabs Ltd Company Overview

Table 21      Microlabs Ltd Financial Overview

Table 22      Advanced Laboratory Testing Company Overview

Table 23      Advanced Laboratory Testing Financial Overview