The global dairy testing market size is expected to grow from $4.81 billion in 2021 to $5.10 billion in 2022 at a compound annual growth rate (CAGR) of 6.14%. The growth in the market is mainly due to the companies' rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global dairy product testing market size is expected to reach $6.78 billion in 2026 at a CAGR of 7.36%.
What is the Global Dairy Testing Market?
The dairy testing market consists of the sales of dairy testing kits and technologies by entities (organizations, partnerships, and sole proprietors) that are used to test dairy products' quality, limit the risk of dairy fraud, and verify the authenticity and consistency of the ingredients. 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.
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What drives the Global Dairy Testing Market?
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. As per a WHO estimate published in April 2020, unsafe food costs low and middle-income nations $110 billion in lost productivity and medical costs each year. Furthermore, children under the age of five account for 40% of foodborne illnesses, with around 125,000 deaths each year. Hence, the increase in outbreaks of foodborne illnesses is expected to propel the growth of the dairy testing market over the coming years.
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Global Dairy Testing Market Segments
The global dairy testing market is segmented:
By Type: Safety Testing, Quality Testing
By Technology: HPLC-Based, LC-MS/MS-Based, Immunoassay-Based, Others
By Application: Ice-Creams and Desserts, Infant Food, Milk and Milk Powder, Cheese, Butter and Spreads, Yogurt, Others
By Geography: The regions covered in the dairy testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Dairy Testing Global Market Report 2022provides market size and growth forecasts for the global dairy testing market, global dairy testing market share, dairy testing market segments and geographies, dairy testing market competitive landscape including leading competitors’ revenues, profiles and market shares. The dairy testing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Dairy Testing Industry Playersinclude SGS, Bureau Veritas, Eurofins, Intertek, TUV SUD, TUV Nord Group, ALS Limited, Mérieux Nutrisciences, Romer Labs Inc., Microbac Laboratories, Asurequality, Dairy Technical Services, Asurequality, Analytica Laboratories, PerkinElmer, and MilkTestNZ. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
