PUBLISHER: Value Market Research | PRODUCT CODE: 1392390
PUBLISHER: Value Market Research | PRODUCT CODE: 1392390
The global demand for Dairy Testing Market is presumed to reach the market size of nearly USD 21.11 BN by 2030 from USD 8.72 BN in 2022 with a CAGR of 10.32% under the study period 2023 - 2030.
Dairy testing encompasses a wide range of milk-related product testing to ensure product quality and safety and to avoid harmful effects caused by food spoilage and food-related diseases. Dairy testing supports manufacturers in meeting regulatory requirements for permissible contaminants limits, labelling laws, preventing fraudulent practices, and averting foodborne illnesses, toxicity, and poisoning incidents. Dairy testing helps determine various products' shelf life by examining the contents, appearance, taste, and smell.
The rapid development of dairy products increased food-related problems, and growing health consciousness among consumers worldwide drives the dairy testing market growth. Moreover, the government takes strict government regulations and initiatives to maintain healthy food standards and spread public awareness among people to propel market growth. In addition, growing health consciousness among people and their preference for safety and quality food products are the primary drivers fueling the dairy products market growth. However, the lack of supply chain and milk price fluctuation can hamper market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of dairy testing. The growth and trends of dairy testing industry provide a holistic approach to this study.
This section of the dairy testing market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.