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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?
For any questions related to Dairy Testing Market, Dairy Testing Market Size, Dairy Testing Market Growth, Dairy Testing Market Analysis, Dairy Testing Market Report, Dairy Testing Market Share, Dairy Testing Market Trends, Dairy Testing Market Forecast, Dairy Testing Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Dairy Testing Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Dairy Testing Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Dairy Testing Market by Product Type
3.3.1: Milk & Milk Powder
3.3.2: Cheese, Butter & Spreads
3.3.3: Infant Food
3.3.4: ICE Cream & Desserts
3.3.5: Yogurt
3.3.6: Others
3.4: Global Dairy Testing Market by Type
3.4.1: Safety Testing
3.4.2: Quality Testing
3.5: Global Dairy Testing Market by Technology
3.5.1: Traditional Technology
3.5.2: Rapid Technology
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Dairy Testing Market by Region
4.2: North American Dairy Testing Market
4.2.1: North American Dairy Testing Market by Type: Safety Testing and Quality Testing
4.2.2: North American Dairy Testing Market by Technology: Traditional Technology and Rapid Technology
4.3: European Dairy Testing Market
4.3.1: European Dairy Testing Market by Type: Safety Testing and Quality Testing
4.3.2: European Dairy Testing Market by Technology: Traditional Technology and Rapid Technology
4.4: APAC Dairy Testing Market
4.4.1: APAC Dairy Testing Market by Type: Safety Testing and Quality Testing
4.4.2: APAC Dairy Testing Market by Technology: Traditional Technology and Rapid Technology
4.5: ROW Dairy Testing Market
4.5.1: ROW Dairy Testing Market by Type: Safety Testing and Quality Testing
4.5.2: ROW Dairy Testing Market by Technology: Traditional Technology and Rapid Technology
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Dairy Testing Market by Product Type
6.1.2: Growth Opportunities for the Global Dairy Testing Market by Type
6.1.3: Growth Opportunities for the Global Dairy Testing Market by Technology
6.1.4: Growth Opportunities for the Global Dairy Testing Market by Region
6.2: Emerging Trends in the Global Dairy Testing Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Dairy Testing Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Dairy Testing Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: SGS
7.2: Bureau Veritas
7.3: Eurofins
7.4: Intertek
7.5: TÜV SÜD
7.6: TÜV NORD
7.7: ALS Limited
7.8: Mérieux NutriSciences
7.9: Romer Labs
7.10: Neogen
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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