+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Dairy Testing - Global Market Trajectory & Analytics

  • ID: 4804599
  • Report
  • July 2020
  • Region: Global
  • 378 pages
  • Global Industry Analysts, Inc
1 of 3

FEATURED COMPANIES

  • ALS
  • ASUREQUALITY
  • BUREAU VERITAS GROUP
  • EUROFINS SCIENTIFIC SE
  • INTERTEK GROUP PLC
  • MICROBAC LABORATORIES
  • MORE
Global Dairy Testing Market to Reach US$7 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Dairy Testing estimated at US$4.6 Billion in the year 2020, is projected to reach a revised size of US$7 Billion by 2027, growing at a CAGR of 6.2% over the period 2020-2027.Safety Testing, one of the segments analyzed in the report, is projected to grow at a 5.7% CAGR to reach US$4.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Quality Analysis segment is readjusted to a revised 7.1% CAGR for the next 7-year period. This segment currently accounts for a 35.1% share of the global Dairy Testing market.

The U. S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 9.4% CAGR for the Period of 2020-2027

The Dairy Testing market in the U. S. is estimated at US$1.3 Billion in the year 2020. The country currently accounts for a 27.07% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1.5 Billion in the year 2027 trailing a CAGR of 9.3% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 5.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR while Rest of European market (as defined in the study) will reach US$1.5 Billion by the year 2027.The publisher brings years of research experience to this 8th edition of our report. The 378-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • ALS Ltd.
  • AsureQuality
  • Bureau Veritas Group
  • Eurofins Scientific
  • Intertek Group PLC
  • Merieux NutriSciences Corporation
  • Microbac Laboratories, Inc.
  • Neogen Corporation
  • Romer Labs, Inc.
  • SGS SA
  • Tuv Nord Group
  • Tuv Sud AG

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • ALS
  • ASUREQUALITY
  • BUREAU VERITAS GROUP
  • EUROFINS SCIENTIFIC SE
  • INTERTEK GROUP PLC
  • MICROBAC LABORATORIES
  • MORE

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Dairy Testing Market to Register Moderate Growth

Safety Testing is anticipated to Register Fastest Growth

Global Competitor Market Shares

Dairy Testing Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

A Prelude into Leading Players

Market Share of Dairy Testing Worldwide Market by Leading Players-2018

3. MARKET TRENDS & DRIVERS

Increase in Foodborne Illness Outbreaks to Drive Market Growth

Number of Foodborne Illness Outbreaks in the US: 1998-2017

Impact of Globalization on Dairy Trade to Drive Market Growth

Stringent Quality and Safety Regulations for Food to Bolster Demand for Dairy Testing Market

A Prelude into Milk Quality Testing

With Various Benefits Associated with Milk Testing, the Demand for Dairy Testing Market is expected to Grow

Milk Testing to Enhance Dairy Herd

Milk Bacteria Test Avoids Wastage in Dairy Production

Milk Quality Testing: To Enhance Dairy Products Shelf Life

Select List of Qualitative Tests for Milk and Milk Products

New Introductions/ Innovations to Bode-Well for Market Growth

Adoption of Advanced Technologies for Dairy Testing to Provide Opportunities

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Dairy Testing Market Share (in %) by Company: 2019 & 2025

Market Analytics

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Dairy Testing Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

Total Companies Profiled: 42

Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • ALS
  • ASUREQUALITY
  • BUREAU VERITAS GROUP
  • EUROFINS SCIENTIFIC SE
  • INTERTEK GROUP PLC
  • MICROBAC LABORATORIES
  • MÉRIEUX NUTRISCIENCES CORPORATION
  • NEOGEN CORPORATION
  • ROMER LABS
  • SGS SA
  • TUV NORD GROUP (GERMANY)
  • TUV SUD AG (GERMANY)
Note: Product cover images may vary from those shown
Adroll
adroll