Lucintel Forecasts Global Dairy Testing Market to Reach $9.5 billion by 2030.

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According to a market report by Lucintel, 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 understand trends, opportunity and forecast in dairy testing market to 2030 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).

In this market, safety testing and quality testing are the major segments of dairy testing market by type. 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.

 

Within this market, traditional technology will remain the largest segment over the forecast period because the advanced technologies provide enhanced precision, sensitivity, and the capacity to detect a wide range of contaminants.

 

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.

 

SGS, Bureau Veritas, Eurofins, Intertek, TÜV SÜD, TÜV NORD, ALS Limited, Mérieux NutriSciences, Neogen, and Romer Labs are the major suppliers in the dairy testing market.

 

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

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