Dairy Testing Market is expected to reach USD 8.20 Billion by 2026 from XX Billion in 2018 at a CAGR of XX % .
Factors such as the increase in food-borne illnesses, strict safety, and quality regulations are together responsible for the growth of dairy testing market along with acting as some of the major drivers boosting overall demand as well.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Dairy Testing Market is segmented into type, technology, product, and geography. Dairy Testing Market based on type is segmented into safety and quality with safety sub-segment dominating the overall market in 2017 and is expected to grow at a high rate as well. Considering the technology segment, it is rapid technology sub-segment that led the market in 2017 and is further projected to grow at one of the fastest rate as well. Time saving, cost efficiency, higher accuracy and sensitivity are a few key factors that have driven growth of rapid technology segment.
On the basis of product market has been segmented into milk and milk powder, cheese, butter and spreads, infant foods, ice cream and desserts and yogurt. Milk and milk powder sub-segment led the market in 2017 with factors such as improved quality of milk and milk powder, improved testing equipment, strict safety and quality regulations being some of the drivers boosting overall demand for dairy testing products and of the market as a whole.Dairy Testing Market Europe held the largest market share for Dairy Testing Market in 2017 with Asia Pacific expected to account for one the fastest growth rates. European countries have very strict regulations related to safety and quality and nutritional contamination as well that has been some of the major drivers for Dairy Testing Market Increase in awareness regarding safety and quality of food is expected to further boost demand for dairy testing in Asia Pacific region. China, India and Australia are a few key countries contributing to overall growth for Dairy Testing Market in Asia Pacific region.
Key Highlights:
• Dairy Testing Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Dairy Testing Market
• Dairy Testing Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Dairy Testing Market strategic analysis with respect to individual growth trends, future prospects along with contribution of various sub-market stakeholders have been considered under the scope of study.
• Dairy Testing Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Dairy Testing Market are also profiled.
Research Methodology:
Bloomberg, Factiva and Hoovers are some of the sites that are being referred to gain insights about Dairy Testing Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to Dairy Testing Market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of Dairy Testing Market Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Dairy Testing Market globally.
Some of the major players operating in the Dairy Testing Market are as follows:
• SGS
• Eurofins
• Intertek
• Bureau Veritas
Key Target Audience:
• Government and research organizations
• Kits, equipment, reagents, chemical and other related consumables
• Dairy testing service providers
• Trade associations and industry bodies
• Manufacturers, importers & exporters, traders, distributors, and suppliers of dairy testing Dairy producers, processors, and manufacturers of dairy products
Scope of the Report:
This research report segments the Dairy Testing Market based on type, technology, product and geography.
Dairy Testing Market, By Type:
• Safety testing
• Quality analysis
Dairy Testing Market, By Technology:
• Traditional
• Rapid
Dairy Testing Market, By Product:
• Milk & milk powder
• Cheese, butter & spreads
• Infant food
• Ice cream & desserts
• Yoghurt
• Others (cream and dips & dressings)
Dairy Testing Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Geographic Analysis:
• Breakdown of the North America Dairy Testing Market
• Breakdown of the Europe Dairy Testing Market
• Breakdown of the Asia Pacific Dairy Testing Market
• Breakdown of the Middle East & Africa Dairy Testing Market
• Breakdown of the South America Dairy Testing Market
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