According to SPER Market Research, the dairy testing market is estimated to reach USD 11.8 billion by 2030 with a CAGR of 8.9%
Globally, the prevalence of foodborne diseases ad technological advancements in testing technologies are key drivers for the growth of dairy testing market.
Dairy Testing technologies such as High-performance liquid chromatography, mass spectrometry detect the presence of any adulterant, heavy metal, bacteria or other contaminants in the dairy product sample.
According to the WHO, 1 in 10 people globally, fall ill from consumption of contaminated food every year. Foodborne illnesses can include diarrhoea, neurological, gynaecological and immunological issues. Foodborne diseases are closely linked to poverty conditions but any unknown source of contamination can also create illness through supply chains.
The dairy testing technologies are becoming more advanced to provide better accuracy, high sensitivity, fast detection and reduce the cost of testing. The application of stringent regulatory guidelines and safety protocols also support the growth of this market in the forecast period.
The safety testing market is the largest product segment by share in this market. The large share of this segment is mainly ascribed by rising emphasis for food safety, regulatory guidelines and detection of contaminated food product in the supply chain. Europe dominated the market by regional segmentation owing to stringent regulatory framework and Rapid Alert Systems which can easily detect the contamination in the food chain.
The global dairy testing market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as ALS Limited, AsureQuality, Bureau Veritas, Eurofins, Intertek, Mérieux NutriSciences, Microbac Laboratories, Neogen Corporation, Romer Labs, SGS, TÜV NORD GROUP, TÜV SÜD.
SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2030. This report provides data for growth estimates and forecasts for product segment- Milk & Milk Powder, Cheese, Butter & Spreads, Infant Food, Ice Cream & Desserts, Yogurt, Others; for type segments- Safety Testing (Pathogens [E. Coli, Salmonella, Campylobacter, Listeria, Others], Adulterants, Pesticides, Genetically Modified Organisms (GMOS), Mycotoxins, Others) and Quality Testing; for technology segment- Traditional Technology (Agar Culturing) and Rapid Technology (Convenience-Based, Polymerase Chain Reaction (PCR), Immunoassay, Chromatography & Spectrometry). This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World.
This study also encompasses various drivers and restraining factors for this market for the forecast period. Various growth opportunities are also discussed in the report.