Dairy Testing Market by Type (Safety (Pathogens, Adulterants, Pesticides), Quality), Technology (Traditional, Rapid), Product (Milk & Milk Powder, Cheese, Butter & Spreads, Infant Foods, Ice Cream & Desserts, Yogurt), and Region - Forecast to 2022
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Dairy Testing Market report represents the revenue opportunities in the market through to 2022, highlights the market size and growth by technology, geography, type and size. The report outlines the evolution of the industry and identifies and assesses the best performing vendors in the market.
Dairy Testing Market highlights key players such as SGS, Bureau Veritas, Eurofins, Intertek, TUV SUD, TUV Nord Group, ALS Limited, Neogen Corporation, Asurequality, Mérieux Nutrisciences, Microbac Laboratories, Romer Labs.
The dairy testing market is projected to reach USD 5.90billion by 2022 from USD 4.13 billion in 2017, at a CAGR of 7.4%.
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The market is driven by an increase in the outbreak of food borne illnesses, globalization of dairy trade, and stringent safety and quality regulations for food. Lack of coordination between market stakeholders and improper enforcement of regulatory laws & supporting infrastructure in developing economies are the major restraints for this market.
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The safety testing segment was the largest in 2016 and is projected to grow at a high CAGR during the forecast period. This is due to significant emphasis being laid on safety testing of food output, with regulatory authorities focusing on addressing regulatory loopholes, preventing adulteration, malpractices, and labeling mandates.
The rapid technology segment dominated the market in 2016 and is projected to be the fastest growing by 2022. This is due to its low turnaround time, higher accuracy, sensitivity, and ability to test a wide range of contaminants in comparison to traditional technology.
The dairy testing market, by product, was dominated by the milk & milk powder segment which is also projected to grow at the highest CAGR during the forecast period. Economically motivated adulteration, poor storage hygiene, faulty supply chains, and contaminated equipment have led to milk being contaminated, which upon consumption can cause serious health problems to humans.
The breakdown of the primaries on the basis of company, designation, and region, conducted during the research study, is as follows:
- By Company type: Tier 1 – 50%, Tier 2 –25%,and Tier 3 – 25%
- By Designation: C-Level – 35%, D-Level– 25%,Others*-40%
- By Region: North America – 12%, Europe – 13%,AsiaPacific – 63%, and, South America-12%
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Key Points From Table Of Content:
6 Dairy Testing Market, By Type
22.214.171.124 E. Coli
7 Dairy Testing Market, By Technology
7.2 Traditional Technology
7.2.1 Agar Culturing
7.3 Rapid Technology
7.3.2 Polymerase Chain Reaction (PCR)
7.3.4 Chromatography & Spectrometry
8 Dairy Testing Market, By Product
8.2 Milk & Milk Powder
8.3 Cheese, Butter & Spreads
8.4 Infant Food
8.5 ICE Cream & Desserts
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