The global dairy testing services market is predicted to grow at a CAGR of 8.1 percent over the forecast period, reaching a value of more than USD 7.3 billion by 2032. Pesticides, viruses, toxins, and heavy metals are the most common causes of foodborne illnesses. According to a WHO estimate from 2019, poisoned food causes illness in around 23 million people in Europe each year, with 4,700 people dying.
Raw and unpasteurized milk, cheese, and ice cream are the most common sources of contamination in dairy products around the world. If raw milk is handled improperly before or after pasteurization, pathogenic contamination can develop.
Cronobacter, Enterobacteriaceae, and Salmonella must be absent in dried infant formula and dried nutritional meals for specific medical purposes intended for children under the age of six months in the EU, according to Commission Regulation (EC) No. 2073/2005. This food must also be tested for the presence of Bacillus cereus, which is suspected.
In the United States, all completed dry product infant formula samples (domestic or imported) must be tested for Salmonella and Cronobacter. For Salmonella analysis, each sample should be 25 grams or larger, and for Cronobacter analysis, each sample should be 10 grams or larger.
Aspects of the Market Research that Should Be Considered
- The dairy testing services market is predicted to grow at a CAGR of 8.1 percent over the forecast period.
- Safety testing is the most profitable testing type, accounting for 51.3 percent of revenue, and is expected to grow at a CAGR of 5.6 percent during the estimated period.
- Traditional technology is expected to dominate the technology segment, accounting for more than 43.6 percent of revenue and rising at a 6.8 percent compound annual growth rate (CAGR) over the projection period.
- In 2022, raw milk will account for 28.7% of the product type sector, and it is expected to grow at a CAGR of 4.6 percent during the foreseeable period.
Environment of Competition
To generate fresh and original product offerings, key companies in the dairy testing services market are focusing their efforts on R&D. Furthermore, to expand their geographical presence and increase their present production capacity, these major players in the dairy testing services market are focused on mergers, acquisitions, and joint ventures.
SGS S.A bought IDEA TESTS in October 2021. Talence (Bordeaux region), Plouzané, and Martillac (Brest region), as well as Bucharest, Romania, are all IDEA home. In 2020, IDEA will employ approximately 80 employees and generate approximately EUR 6 million in revenue.
Some of the prominent firms include SGS SA, Eurofins Scientific, Mérieux Nutrisciences, ALS Limited, Bureau Veritas, TUV Nord Group, AsureQuality Limited, Intertek Group plc, Microbac Laboratories, and Neogen Corp.