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Dairy Testing Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
Dairy Testing Market
Dairy Testing Market Size, Growth Rate, And Forecast
The global dairy testing market size grew from $5.13 billion in 2022 to $5.54 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The dairy testing market size is expected to grow to $7.42 billion in 2027 at a CAGR of 7.6%.
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Dairy Testing Market Drivers
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.
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Dairy Testing Market Segments
• By Type: Safety Testing, Quality Testing
• By Technology: HPLC-Based, LC-MS/MS-Based, Immunoassay-Based, Other Technologies
• By Application: Ice-Creams And Desserts, Infant Food, Milk And Milk Powder, Cheese, Butter And Spreads, Yogurt, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the dairy testing market.
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Dairy Testing Market Key Players
Major competitors in the dairy testing market include SGS, Bureau Veritas, Eurofins, Intertek, TUV SUD, TUV Nord Group, ALS Limited, Mérieux Nutrisciences, Romer Labs Inc., Microbac Laboratories.
The Business Research Company's "Global Dairy Testing Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Dairy Testing Market Include:
1. Executive Summary
2. Dairy Testing Market Characteristics
3. Dairy Testing Market Trends And Strategies
4. Dairy Testing Market - Macro Economic Scenario
5. Dairy Testing Market Size And Growth
……
26. Africa Dairy Testing Market
27. Dairy Testing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dairy Testing Market
29. Dairy Testing Market Future Outlook and Potential Analysis
30. Appendix
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