Dairy Testing Market Share, Size, Trends, Industry Analysis Report, By Product (Milk & Milk Powder, Cheese, Butter & Spreads, Infant Food, ICE Cream & Desserts, Yogurt, Others); By Type; By Technology; By Region; Segment Forecast, 2022 - 2030
- Published Date:Mar-2022
- Pages: 112
- Format: PDF
- Report ID: PM2318
- Base Year: 2021
- Historical Data: 2018 - 2020
Report Outlook
The global dairy testing market was valued at USD 5.60 billion in 2021 and is expected to grow at a CAGR of 8.4% during the forecast period. Factors such as increased milk adulterations, the surge in organized retail establishments, rising health concerns, and the major player's initiatives such as mergers and acquisitions, collaborations, and development of testing technology, are driving the market growth during the forecast period.
Know more about this report: request for sample pages
Increased occurrences of milk adulteration, an increase in milk-borne infections, and consumer issues with milk intolerance drive market expansion. Furthermore, a surge in the number of organized retail establishments in emerging nations supplying certified foreign-based dairy products is driving the dairy testing market forward. The rise in health concerns among people, changes in lifestyle, adoption of packaged dairy products among the urban population, and increased knowledge among young customers about the benefits and requirement of certification-tested dairy products are the primary factors driving dairy testing market expansion.
Moreover, in September 2021, AET, which specializes in laboratory testing, design and development, and environmental testing, was bought by Bureau Veritas. The organization is also well-known for its research and development services. The acquisition aimed to expand BV's worldwide network and client portfolio.
Aet's income in 2020 is expected to be EUR 20 million. In April 2021, SGS is delighted to confirm that SYNLAB Analytics & Services will now be recognized as SGS Analytics. This transaction has strengthened the company's footprint in Northwestern Europe, especially in Germany, Benelux, and the Nordics. It has expanded its analytical procedures, food testing, biological sciences testing, and oil health monitoring.
Also, in October 2021, SGS created a fast PCR approach for testing salmonella in various foods. This methodology produces results in less than five days instead of the usual procedure, which takes about five days. The ISO-accredited test has been implemented at the SGS-Laagrima facility in Morocco. Thus, the expansion of geographical locations, development of PCR technologies, and collaborations among players drive the market growth during the forecast period.
However, several other issues, such as a lack of organizational coordination, equipment, technical skills, and experience for implementing legislation at the grassroots levels, and, in some countries, a lack of current standards, are impeding the expansion of the food sampling and analysis sector. Inadequate fundamental supporting infrastructure for establishing testing facilities also limits market expansion, particularly in emerging countries.
Know more about this report: request for sample pages
Industry Dynamics
Growth Drivers
Foodborne disorders are mostly caused by eating food that has been contaminated with pesticides, bacteria, poisons, and heavy metals. According to the WHO, every moment, 44 people – and over 23 million per year – become depressed due to tainted food, and an average of 4700 die as a result. Unsafe food causes millions of sickness absences each year and sometimes results in long-term or severe disease, hospitalization, and even death.
The total burden of foodborne disease in the Region is projected to be 413 020 disorder life-years, which are years in which a disease impacts a person's life. The most common causes of foodborne diseases, according to estimates, are waterborne diseases pathogens.
Norovirus is the most prevalent, accounting for an estimated 15 million cases, followed by Campylobacter spp., accounting for over 5 million cases. Dairy is a significant source of foodborne illness all over the world, with raw and uncooked milk, cheese, and ice cream being the leading reasons for contamination. Pathogenic contamination can occur if raw milk is handled improperly before or after pasteurization.
Further, unwanted bacteria and chemical pollutants endanger milk and dairy products' safety, quality, and nutrient benefits. There is growing anxiety about the safety and reliability of dairy products used for human utilization due to an increase in foodborne infections. As a result, greater focus is on the microbiological and chemical examination of milk and dairy products to evaluate quality, ensure safety, and comply with regulatory requirements.
This has resulted in legislation requiring stringent testing of milk and dairy products, fueling the dairy testing business. Also, as per the FAO, the United States initiated a national campaign in 1997 to overhaul its regulatory approach to food safety. The program is appropriately titled "Food Safety from Farm to Table: A National Food Safety Initiative" since it covers the entire food supply. Thus, the rising prevalence of foodborne disease and the government initiatives boost the dairy testing market growth.
Report Segmentation
The market is primarily segmented based on type, technology, product, and region.
|
By Type |
By Technology |
By Product |
By Region |
|
|
|
|
Know more about this report: request for sample pages
Insight by Product
Based on the product segment, the milk & milk powder market segment is expected to be the most significant revenue contributor in the global market and is expected to retain its dominance in the foreseen period. Due to inadequate hygiene circumstances during manufacturing, storage, and shipping, milk and milk powder may get contaminated.
Powdered milk is a natural alternative for fluid milk and is thus utilized in various applications such as baking, dairy, and newborn nutrition. The dairy market has been plagued by a noticeable drop in sales and accumulation of unsold milk powder due to the COVID-19 shutdown.
Geographic Overview
North America dominated with the largest revenue share in 2021. The region is expanding due to the vast number of processing enterprises that have set up shop there. Furthermore, the presence of tight rules about nutritious and safe food is aiding market expansion.
Moreover, Asia Pacific is expected to witness a high CAGR in the global dairy testing market in 2021. China is Asia Pacific's fastest expanding market for food safety testing. Food safety events have gotten a lot of attention in the media. The increasing number of food safety issues recorded in China over the last decade has pushed authorities to take steps to ensure food safety.
The Chinese dairy industry has established a greater safety consciousness through dependable and effective molecular technologies. Food contamination incidents, particularly food poisoning outbreaks, are a major public health concern in Australia. Regulators are increasingly scrutinizing imported food products.
Competitive Insight
Some of the major players operating in the global market include Agrolab Group, ALS, Asurequality, Bureau Veritas, Certified Laboratories, Inc., Eurofins Scientific, Intertek, Mérieux Nutrisciences, Microbac Laboratories, Inc, Neogen, Nova Biologicals, Romer Labs, SGS SA, Symbio Laboratories, and TÜV Nord.
Dairy Testing Market Report Scope
|
Report Attributes |
Details |
|
Market size value in 2021 |
USD 5.60 billion |
|
Revenue forecast in 2030 |
USD 10.97 billion |
|
CAGR |
8.4% from 2022 - 2030 |
|
Base year |
2021 |
|
Historical data |
2018 - 2020 |
|
Forecast period |
2022 - 2030 |
|
Quantitative units |
Revenue in USD million/billion and CAGR from 2022 to 2030 |
|
Segments covered |
By Type, By Technology, By Product, By Region |
|
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
|
Key companies |
Agrolab Group, ALS, Asurequality, Bureau Veritas, Certified Laboratories, Inc., Eurofins Scientific, Intertek, Mérieux Nutrisciences, Microbac Laboratories, Inc, Neogen, Nova Biologicals, Romer Labs, SGS SA, Symbio Laboratories, and TÜV Nord. |
© 2024 Polaris Market Research and Consulting. All rights reserved
