Dairy Testing Market Report: Trends, Forecast and Competitive Analysis to 2030

Dairy Testing Market Report: Trends, Forecast and Competitive Analysis to 2030

Dairy Testing Trends and Forecast

The future of the global dairy testing market looks promising with opportunities in the traditional technology and rapid technology markets. The global dairy testing market is expected to reach an estimated $9.5 billion by 2030 with a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are increase in incidents of foodborne illness outbreaks, rigorous regulations for food safety and security resulting from the globalization of dairy trade policies, and increase in organized retail outlets in emerging countries offering certified dairy products imported from abroad.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Dairy Testing by Segment

The study includes a forecast for the global dairy testing by product type, type, technology, and region.

Dairy Testing Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Milk & Milk Powder
• Cheese, Butter & Spreads
• Infant Food
• ICE Cream & Desserts
• Yogurt
• Others

Dairy Testing Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Safety Testing
• Quality Testing

Dairy Testing Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Traditional Technology
• Rapid Technology

Dairy Testing Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Dairy Testing Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies dairy testing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the dairy testing companies profiled in this report include-

• SGS
• Bureau Veritas
• Eurofins
• Intertek
• TUV SUD
• TUV NORD
• ALS Limited
• Mérieux Nutrisciences
• Romer Labs
• Neogen

Dairy Testing Market Insights

Lucintel forecasts that safety testing is expected to witness highest growth over the forecast period because the regulatory bodies are directing their efforts toward enhancing the overall quality of dairy products, emphasizing a greater importance on food safety testing.

APAC will remain the highest growing region over the forecast period due to growing consumer demand for health-conscious dairy products within this geographical area, as well as, rising frequency of food safety incidents reported in China over the past decade prompted authorities to implement measures to enhance food safety.

Features of the Global Dairy Testing Market

Market Size Estimates: Dairy testing market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Dairy testing market size by product type, type, technology, and region in terms of value ($B).

Regional Analysis: Dairy testing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product type, type, technology, and regions for the dairy testing market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the dairy testing market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the dairy testing market size?

Answer: The global dairy testing market is expected to reach an estimated $9.5 billion by 2030.

Q.2 What is the growth forecast for dairy testing market?

Answer: The global dairy testing market is expected to grow with a CAGR of 7.6% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the dairy testing market?

Answer: The major drivers for this market are increase in incidents of foodborne illness outbreaks, rigorous regulations for food safety and security resulting from the globalization of dairy trade policies, and increase in organized retail outlets in emerging countries offering certified dairy products imported from abroad.

Q4. What are the major segments for dairy testing market?

Answer: The future of the global dairy testing market looks promising with opportunities in the traditional technology and rapid technology markets.

Q5. Who are the key dairy testing market companies?

Answer: Some of the key dairy testing companies are as follows:

• SGS
• Bureau Veritas
• Eurofins
• Intertek
• TÜV SÜD
• TÜV NORD
• ALS Limited
• Mérieux NutriSciences
• Romer Labs
• Neogen

Q6. Which dairy testing market segment will be the largest in future?

Answer: Lucintel forecasts that safety testing is expected to witness highest growth over the forecast period because the regulatory bodies are directing their efforts toward enhancing the overall quality of dairy products, emphasizing a greater importance on food safety testing.

Q7. In dairy testing market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the highest growing region over the forecast period due to growing consumer demand for health-conscious dairy products within this geographical area, as well as, rising frequency of food safety incidents reported in China over the past decade prompted authorities to implement measures to enhance food safety.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the dairy testing market by product type (milk & milk powder, cheese, butter & spreads, infant food,ice cream & desserts, yogurt, and others), type (safety testing and quality testing), technology (traditional technology and rapid technology), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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