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Residue Services

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    Sample Supplier
    Company
    ACCENTURE PUBLIC LIMITED COMPANY
    Location
    Jackson, Mississipi
    Duns number
    3862211
    D&B SER Rating
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    Up to 3 months

    1 9
    6
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile
    Company and Sector Performance
    58
    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    90
    Social
    42
    Governance
    67
    6 Domains Performance (/100)
    Business behaviour
    58
    Human rights
    55
    Community Environment
    54
    Corporate governance
    72
    Human resources
    29
    Security Scorecard
    97
    Threat indicators
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    95
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    A
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    100
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    A
    98
    Application Security
    Detecting common website application vulnerbilities
    A
    94
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
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    99
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    100
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    A
    100
    Information Leak
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    Industry Comparison
    accenture.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    9
    Human Rights Issues
    0
    Production Supply Chain Issues
    3
    Environmental Non Compliance Flags
    12
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    5
    Fraud Issues
    2
    Labor Health Safety Flags
    6
    Regulatory Issues
    3
    Workforce Disputes
    1
    Sanctions
    0
    esg energy transition
    80
    Discrimination Workforce Rights Issues
    5
    esg controversies critical severity
    No

    Residue Services market report transcript

    Global Market Size and Growth- Residual Services

    Industry competes in a USD 1.16B testing market as of 2017. There are sufficient service providers within the supply market to meet the current and future demand for residue testing services. APAC is growing at the highest rate (~ 8–9 % CAGR) due to large population and corresponding demand for agro products. The growth is also driven by increasing awareness about consumer safety.

    The crop protection residue testing market is expected to reach $1.63B, growing at a CAGR of 7percent by 2022. The herbicide submarket contributes to 44 percent of the entire testing market, with large growth due to its highest production and application in agriculture.

    Global Growth Drivers and Constraints

    Favorable government policies and frequent monitoring programs on pesticide residue testing has created a competitive market for suppliers with increased M&A's, launching of newer tests etc. This provides opportunity to Industry to partner with suppliers who have increased functional capability.

    Increased herbicide application and government monitoring programs are the key drivers of the residue services market. Lack of infrastructure and awareness in developing countries are the only restraining factors.

    Residue Services Market Structure

    • Industry competes in a USD 1.24B Cropscience residue testing* market growing at a CAGR of 6–7%. The supply market is consolidated with dominance among laboratory testing players (e.g. Eurofins, SGS) in terms of global presence and access to technology
    • Cropscience and agrochemical companies drive the utilization capacity and contribute to >65 percent of the suppliers revenue. Hence, an increased negotiation power for the industry
    • Suppliers with residue testing and field trials capability have an upper hand in the future of being a full service provider. Industry could seek opportunity through bundled outsourcing of residue testing and field trials to these suppliers–enabling volume discounts, ease in supplier relation management, etc.

    Regional Market Trends 

    • As a strong trader of agro commodities and processed food to North America and Europe, APAC is seeing the highest growth as the need for food safety and residue testing is driving the demand
    • LATAM is also seeing considerable growth, after the meat scandal impact on international trade causing economic stress and tightened regulations

    Mergers and Acquisition Trends  

    Majority of the M&A's among the supply base were aimed at increased geographic capability. Among geographic expansions, greater than 30 percent of them were aimed at Europe followed by Asia. This relates to suppliers having a larger presence in this region for Industry to partner.

    Austria, Czech Republic, Hungary, Portugal, Spain, Poland, France, Italy are some of the regions within Europe which saw trending M&A over time. Certain expansion where aimed at increasing the functional capability of being a full service provider for e-fate, metabolism, eco-toxicology, field trials and residue analytical studies.