The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s Dairy Testing Global Market Report 2024, the dairy testing market is expected to show significant growth in the forecast period.

The dairy testing market has demonstrated robust growth, expanding from $5.65 billion in 2023 to $6.19 billion in 2024, with a compound annual growth rate (CAGR) of 9.5%.

• Factors driving historic growth include escalating concerns about food safety and the globalization of dairy trade.
• Stringent regulations and standards, coupled with an uptick in foodborne illnesses, have propelled the demand for dairy testing solutions.

Anticipated Growth and Market Dynamics

Expectations are high for the dairy testing market, which is projected to reach $8.66 billion by 2028, with a CAGR of 8.8%.

• Continued emphasis on food safety and the rise in dairy consumption contribute to anticipated growth.
• Emerging contaminants, globalization of trade, and complexities in the supply chain further fuel market expansion.
• Technological innovations and consumer demand for clean label products drive market dynamics.

Rising Concerns Foodborne Illness Outbreaks Driving Growth In Dairy Testing Market

The escalation in foodborne illness outbreaks serves as a significant catalyst for the growth of the dairy testing market.

• Dairy products, including raw milk, cheese, and ice cream, pose significant risks of contamination.
• Dairy testing ensures the safety of products by identifying and mitigating pathogens and spoilage organisms.
• Data from the European Food Safety Authority highlights the increasing incidents of foodborne illnesses, underscoring the importance of dairy testing in ensuring consumer safety.

View More On The Dairy Testing Market Report 2024 – https://www.thebusinessresearchcompany.com/report/dairy-testing-global-market-report

Innovation In Field Service Management: The Rise Of Rapid Test Kits For Diverse Testing Needs

Major players in the dairy testing market are prioritizing innovation, notably through the development of rapid test kits to meet diverse testing requirements.

• Rapid test kits provide quick and accurate results for various tests, even outside laboratory settings.
• SwissDeCode SARL’s DNAFoil A2 Cow Test exemplifies innovation in rapid testing, enabling on-the-spot identification of A2 milk-producing cows.
• These kits empower dairy farmers and companies to make informed decisions swiftly, enhancing operational efficiency and product quality.

SGS Enhances Global Presence With The Acquisition Of Synlab Analytics & Services

SGS’s acquisition of SYNLAB Analytics & Services (A & S) marks a strategic move to strengthen its global footprint and service offerings.

• The acquisition, valued at EUR 550 million ($615 million), reinforces SGS’s presence in key focus areas such as environment, food, life sciences, and oil condition monitoring.
• SYNLAB Analytics & Services (A & S) brings expertise in environmental, food, and dairy testing, complementing SGS’s existing capabilities.

Market Segmentation and Regional Insights

The dairy testing market is segmented based on type, technology, and application.

• Safety testing and quality testing constitute primary segments.
• Technologies such as HPLC-based, LC-MS/MS-based, and immunoassay-based methods are widely utilized.
• Applications span ice creams, infant food, milk and milk powder, cheese, butter and spreads, yogurt, and other dairy products.

Regional Insights: Europe and Asia-Pacific

Europe emerged as the largest region in the dairy testing market in 2023, driven by stringent regulations and high dairy consumption.

• Asia-Pacific is anticipated to be the fastest-growing region, propelled by increasing consumer awareness and evolving regulatory landscapes.
• Rising disposable incomes and changing dietary preferences contribute to the region’s dairy market expansion.

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The Dairy Testing Global Market Report 2024  provides an in-depth analysis on the dairy testing market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the dairy testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Dairy Food Global Market Report 2024

Dairy Alternatives Global Market Report 2024

Milk And Butter Global Market Report 2024

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