Agricultural Testing Market To Reach USD 11.8 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]
Agilent Technologies, Inc. (A)
Last agilent technologies, inc. earnings: 2/18 04:05 pm
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Source: Yahoo! Finance
Fort Collins, Colorado, April 30, 2024 (GLOBE NEWSWIRE) -- Enhanced farming practices and the use of a modernized agricultural testing market drives the industry growth. A significant driver of the agricultural testing market growth is the presence of stringent food regulations governing farming practices and the use of chemicals. Farming practices worldwide have been scrutinized, with regulatory bodies imposing strict rules on permissible chemical usage to mitigate food infections and diseases. According to the World Health Organization, farmers utilize over 1,000 pesticides to protect crops from pests. However, the excessive use of poor-quality and inexpensive pesticides often leads to soil and water pollution and the production of low-quality produce. These factors underscore the increasing demand for agricultural testing services. Furthermore, the rising consumer awareness regarding the adverse effects of harmful fertilizers and pesticides on crop yields is another key fact
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