Increase in Outbreaks of Foodborne Illnesses Drives the Dairy Testing Market

29/mar/2019 12:11:25 MarketsandMarkets Contatta l'autore

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The dairy testing market is estimated to be valued at USD 4.13 Billion in 2017 and projected to reach USD 5.90 Billion by 2022, at a CAGR of 7.4% from 2017. trade, and stringent safety & quality regulations for food.   

The years considered for the study are as follows:

  • Base year - 2016
  • Estimated year - 2017
  • Projected year - 2022
  • Forecast period - 2017 to 2022

Dairy Testing Market

The dairy testing market, based on type, has been segmented into safety testing & quality analysis. The safety testing segment dominated this market in 2016 and is projected to be faster-growing during the forecast period. Testing for food output with regulatory authorities, preventing adulteration, malpractices, and labeling mandates.

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Dairy testing market, by technology, has been segmented into traditional and rapid. The rapid technology segment dominated the market in 2016 and is projected to be the fastest growing by 2022. Low turnaround time, higher accuracy, sensitivity and the ability to test wide ranges of the rapid technology segment.

Dairy testing market, by product, has been segmented into milk and milk powder, cheese butter and spreads, infant food, ice cream and desserts, yoghurt, and others. The milk and milk powder dominated the market in 2016 and is projected to be the fastest growing by 2022.

Europe accounted for the largest market share in the dairy testing market. The dominant share of the European region is attributed to food safety regulations and laws . Asia Pacific is projected to be the fastest growing region during the forecast period China and Australia are becoming aware of food safety and are implementing testing regulations.

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Lack of coordination between market stakeholders and inefficient enforcement of regulatory laws and supporting infrastructure in developing economies are the major restraints for this market.

Global market for dairy testing is dominated by large-scale players such as SGS, Bureau Veritas, Intertek, Eurofins, TÜV SÜD, TÜV NORD GROUP, and ALS Limited Neogen Corporation, AsureQuality, Mérieux NutriSciences, Microbac Laboratories, and Romer Labs are few other key players in the dairy testing market.

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