Global Dairy Testing Market Analysis & Trends - Industry Forecast to 2030
Dairy Testing: Market Size
From $8.19 billion in 2024, the global Dairy Testing market is projected to reach $16.35 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 12.2% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include increase in globalization of dairy trade, outbreaks of foodborne illnesses and stringent safety & quality regulations.
Global Dairy Testing Market: Market Dynamics
Rising consumer interest in food and beverage quality, coupled with high technological advancements, stringent governmental regulations, and intense competition in the field of dairy products are some of the major factors that propel the market growth. Moreover, rise in occurrences associated with contamination of milk, the surge in cases of milk-borne diseases, problems of milk intolerance among the consumers and increase in several organized retail stores in the emerging economies, changes in the lifestyle, adoption of packaged dairy products among the urban population, and increase in awareness among the millennial consumers about the benefits and necessity of certified tested dairy products.
On the other hand, the lack of proper enforcement of related laws and lack of standardization in safety standards within the food & beverage industry is likely to obstruct the profit boundaries. In addition, technological advancements in the testing industry will further boost the Dairy Testing market.
Impact of COVID-19 on Dairy Testing
The closure of factories due to COVID-19 led to the decline in the market of dairy products in the industries. This not only affected the scale of production of packaged dairy products but also the growth of the market. The online platforms, shops, and retail stores were shut due to lockdown observed worldwide. This also affected the trade of dairy products which in turn hampered the market of dairy testing in various countries around the world. The market of dairy testing is anticipated to experience growth after the worldwide release of the lockdown situation.
By Product
Milk & Milk Powder Segment Dominate the Market in 2024
The Milk & Milk Powder segment made huge revenue in 2024 and growing its prominence during the forecast period. Milk & milk powder may be contaminated due to poor hygiene conditions during processing, storage, and transportation. Milk powder is a direct substitute for fluid milk, hence, used in different applications, including bakery, dairy, and infant nutrition.
By Geography
Europe Region is Leading in the Global Market Place
Europe region is likely to have a huge demand in the forecast period. The major producers of milk in the EU region are Germany, France, Poland, the Netherlands, Italy, and Spain. Integration has increased the international trade of milk and dairy products and has had a major impact on the global dairy supply. The increase in trade has resulted in a higher risk of contaminated milk and dairy products reaching dairy producers and processors, and end consumers in distant markets due to instances of cross-contamination, exposure to toxins, microorganisms, and other contaminants. Manufacturers have been using dairy testing services to ensure the safety and quality of their products and to comply with international standards.
List of the Key Players Profiled in the Market Include: • ALS Limited
• AsureQuality Limited
• Bureau Veritas
• Eurofins
• Intertek Group plc
• Mérieux NutriSciences
• Microbac Laboratories, Inc.
• Neogen Corp.
• Romer Labs Inc.
• TÜV Nord Group
List of the Regions/Countries Profiled in the Market Include: North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others