Categories: Market Research

Dairy Testing Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope
In dairy testing, dairy products are audited, tested, and inspected to ensure that they meet a variety of domestic and international food safety and regulatory criteria. Dairy testing is used to test dairy products’ quality, limit the risk of dairy fraud, and verify the authenticity and consistency of the ingredients.

Sizing and Forecast
The dairy testing market size has grown strongly in recent years. It will grow from $5.65 billion in 2023 to $6.19 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to increasing concerns about food safety, globalization of dairy trade, stringent regulations and standards, rising incidence of foodborne illnesses.

The dairy testing market size is expected to see strong growth in the next few years. It will grow to $8.66 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to continued emphasis on food safety, increasing dairy consumption, emergence of new contaminants, global trade and supply chain complexity. Major trends in the forecast period include technological innovations, growth in dna testing for authentication, expansion of point-of-need testing, emphasis on non-destructive testing techniques, application of artificial intelligence (ai) and machine learning (ml), focus on allergen testing, increased collaboration and standardization, consumer demand for clean label products.

To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/dairy-testing-global-market-report

Segmentation & Regional Insights
The dairy testing market covered in this report is segmented –

1) By Type: Safety Testing, Quality Testing
2) By Technology: HPLC-Based, LC-MS/MS-Based, Immunoassay-Based, Other Technologies
3) By Application: Ice-Creams And Desserts, Infant Food, Milk And Milk Powder, Cheese, Butter And Spreads, Yogurt, Other Applications

Europe was the largest region in the dairy testing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dairy testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5887&type=smp

Major Driver Impacting Market Growth
The increase in outbreaks of foodborne illnesses is significantly driving the growth of the dairy testing market. Dairy is a significant source of foodborne illness all around the world, with raw and unpasteurized milk, cheese, and ice cream being the most common sources of contamination. Dairy testing ensures that pathogens and spoilage organisms do not affect products and that they are safe for consumption. For instance, in December 2022, according to the European Food Safety Authority, an Italy-based European Union agency that provides impartial scientific guidance and communicates about present and emerging food-chain concerns, the EU saw 4,005 foodborne incidents in 2021, a 29.8% increase over 2020. Hence, the increase in outbreaks of foodborne illnesses is expected to propel the growth of the dairy testing market over the coming years.

Key Industry Players
Major companies operating in the dairy testing market report are SGS SA, Bureau Veritas SA, Eurofins Scientific SE, Intertek Group plc, TÜV SÜD AG, ALS Limited, Mérieux NutriSciences Corporation, Romer Labs Inc., Microbac Laboratories Inc., PerkinElmer Inc., Dairy Technical Services, Analytica Laboratories Limited, Aspirus Labs Inc., Bio-Rad Laboratories Inc., Charm Sciences Inc., FOSS Analytical A/S, Genetic ID NA Inc., IDEXX Laboratories Inc., ILS Limited, LGC Group Holdings Limited, Marshfield Food Safety LLC, Midwest Laboratories Inc., Neogen Corporation, NSF International, Premier Analytical Services, Q Laboratories Inc, R-Biopharm AG, Silliker Inc., Symbio Laboratories Pty Ltd, VWR International LLC, Yara International ASA

The dairy testing market report table of contents includes:

1. Executive Summary

2. Dairy Testing Market Characteristics

3. Dairy Testing Market Trends And Strategies

4. Dairy Testing Market – Macro Economic Scenario

5. Global Dairy Testing Market Size and Growth

.
.
.

31. Global Dairy Testing Market Competitive Benchmarking

32. Global Dairy Testing Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Dairy Testing Market

34. Dairy Testing Market Future Outlook and Potential Analysis

35. Appendix

Top Major Players:

SGS SA

Bureau Veritas SA

Eurofins Scientific SE

TÜV SÜD AG

ALS Limited

Explore the trending research reports from TBRC:

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293

Email: info@tbrc.info 

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company 
Twitter: https://twitter.com/tbrc_info 
Facebook: https://www.facebook.com/TheBusinessResearchCompany 
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ 
Blog: https://blog.tbrc.info/ 
Healthcare Blog: https://healthcareresearchreports.com/ 
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model 

Good PR News

Recent Posts

Medical Terminology Software Market Share, Growth Opportunities, Demand Factors Report To 2033

The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…

6 hours ago

Apples Market Expansion 2024-2033: Growth Drivers and Dynamics

The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…

6 hours ago

IP Video Surveillance And VSaaS Market Growth Analysis, Latest Trends And Business Opportunity 2024 To 2033

The ip video surveillance and vsaas global market report 2024 from The Business Research Company…

6 hours ago

Change And Configuration Management Market Expansion 2024-2033: Growth Drivers and Dynamics

The change and configuration management global market report 2024 from The Business Research Company provides…

6 hours ago

Generative AI In Gaming Market Share Analysis, Leading Players, Growth, Trends, And Forecast To 2033

The generative ai in gaming global market report 2024 from The Business Research Company provides…

6 hours ago

Electric Blankets Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033

The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…

6 hours ago