Dairy Testing - Global Strategic Business Report

Global Dairy Testing Market to Reach $8.2 Billion by 2030

The global market for Dairy Testing estimated at US$5.3 Billion in the year 2022, is projected to reach a revised size of US$8.2 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030. Safety Testing, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$5.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Quality Analysis segment is readjusted to a revised 6.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 9% CAGR

The Dairy Testing market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

Select Competitors (Total 14 Featured) -

• 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

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year