Press release
Dairy Testings Market Overview: Outlook, Opportunities, Segments, and Comprehensive Analysis Report 2024 - 2033
Dairy Testings Market
The Business Research Company offers in-depth market insights through Dairy Testing Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The dairy testing market size has grown strongly in recent years. It will grow from $5.65 billion in 2023 to $6.19 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to increasing concerns about food safety, globalization of dairy trade, stringent regulations and standards, rising incidence of foodborne illnesses.
The dairy testing market size is expected to see strong growth in the next few years. It will grow to $8.66 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to continued emphasis on food safety, increasing dairy consumption, emergence of new contaminants, global trade and supply chain complexity. Major trends in the forecast period include technological innovations, growth in dna testing for authentication, expansion of point-of-need testing, emphasis on non-destructive testing techniques, application of artificial intelligence (ai) and machine learning (ml), focus on allergen testing, increased collaboration and standardization, consumer demand for clean label products.
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Market Segmentation:
The dairy testing market covered in this report is segmented -
1) By Type: Safety Testing, Quality Testing
2) By Technology: HPLC-Based, LC-MS/MS-Based, Immunoassay-Based, Other Technologies
3) By Application: Ice-Creams And Desserts, Infant Food, Milk And Milk Powder, Cheese, Butter And Spreads, Yogurt, Other Applications
Major Driver - Rising Concerns Foodborne Illness Outbreaks Driving Growth In 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. For instance, in December 2022, according to the European Food Safety Authority, an Italy-based European Union agency that provides impartial scientific guidance and communicates about present and emerging food-chain concerns, the EU saw 4,005 foodborne incidents in 2021, a 29.8% increase over 2020. Hence, the increase in outbreaks of foodborne illnesses is expected to propel the growth of the dairy testing market over the coming years.
Competitive Landscape:
Major companies operating in the dairy testing market report are SGS SA, Bureau Veritas SA, Eurofins Scientific SE, Intertek Group plc, TÜV SÜD AG, ALS Limited, Mérieux NutriSciences Corporation, Romer Labs Inc., Microbac Laboratories Inc., PerkinElmer Inc., Dairy Technical Services, Analytica Laboratories Limited, Aspirus Labs Inc., Bio-Rad Laboratories Inc., Charm Sciences Inc., FOSS Analytical A/S, Genetic ID NA Inc., IDEXX Laboratories Inc., ILS Limited, LGC Group Holdings Limited, Marshfield Food Safety LLC, Midwest Laboratories Inc., Neogen Corporation, NSF International, Premier Analytical Services, Q Laboratories Inc, R-Biopharm AG, Silliker Inc., Symbio Laboratories Pty Ltd, VWR International LLC, Yara International ASA
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https://www.thebusinessresearchcompany.com/report/dairy-testing-global-market-report
Top Trend - Revolutionizing Dairy Testing Through Technological Innovations The Impact Of Dsm's Delvo Phage Test Kit
Technological advancement is a key trend gaining popularity in the dairy testing market. Major companies operating in the dairy testing sector are focused on developing new technological solutions to strengthen their position. For instance, in November 2021, Netherlands-based Royal DSM launched the Delvo Phage test kit that can detect phages in dairy within one hour, helping to increase cheese yield and quality, reduce waste, and increase the value of cheese production by 5-10%. This new digital solution, when combined with DSM's whey testing and culture rotation services, allows cheese and fermented milk product producers to make better, real-time data-driven decisions, resulting in more enhanced and cost-effective production processes.
The Table Of Content For The Market Report 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
…..
27. Dairy Testing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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