Emerging Trends in Dairy Testing Services: A Market Perspective
The global dairy testing services market is projected to grow at a robust CAGR of 8.1% over the forecast period from 2024 to 2034. By 2034, the market is expected to reach a valuation of USD 10,132.6 million, up from an estimated USD 4,643.7 million in 2024. The growth is primarily driven by increasing incidences of foodborne illnesses, a surge in per capita dairy consumption, and rapid technological advancements in testing services.
Key Growth Drivers:
Growing Concerns About Food Safety:
Food safety concerns continue to dominate the global agenda, with rising incidences of foodborne illnesses impacting millions worldwide. According to the CDC, one in ten people in the U.S. suffer from foodborne illnesses annually, making stringent dairy testing crucial. Additionally, the World Health Organization (WHO) reports 125,000 child deaths annually from contaminated food, underscoring the importance of safety measures.Technological Advancements:
New technologies such as blockchain, next-generation spectroscopy, and genomic analysis are revolutionizing dairy testing. Blockchain ensures transparency and traceability, allowing consumers to verify the quality and origin of their dairy products. Spectroscopy enhances precision in contaminant detection, while genomic analysis supports dairy herd quality by improving milk production and disease resistance.Increased Dairy Consumption in Developing Markets:
As economies in Asia-Pacific and Latin America continue to grow, there is a rising demand for dairy products, especially in countries like India and China. With growing awareness of the nutritional benefits of dairy, per capita consumption has been on the rise, contributing significantly to the demand for dairy testing services.Regulatory Stringency:
Governments and regulatory bodies are tightening food safety standards across the globe. This has spurred dairy producers and processors to enhance their testing protocols, leading to increased demand for comprehensive pathogen and nutritional testing services.
Industry Trends:
Rise in Probiotic Dairy Products:
Health-conscious consumers are driving demand for new product categories such as probiotic dairy beverages. Amul’s launch of Probiotic Lassi and Curd highlights this shift. Probiotic products provide additional health benefits such as improved digestion and immune support, adding further impetus to the demand for testing services.Market Concentration:
Established global players such as Eurofins, Intertek Group plc, and TUV SUD AG hold a dominant position in the market, accounting for 45-50% of the global share. However, local and regional players maintain strongholds in developing markets, leveraging their understanding of regional nuances and needs.
Future Outlook:
The dairy testing services market is poised for accelerated growth due to increased per capita dairy consumption, technological advancements, and growing awareness of food safety. As dairy producers adopt more stringent testing practices, consumers can expect higher safety standards and better nutritional transparency in the years to come.
Key Players in the Market:
Eurofins
Intertek Group plc
TUV SUD AG
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Competition Outlook
The industry for dairy testing services is defined by strong competition, with leading players engaging in elevated competition. As consumers become more conscious of the advantages of clean label products, competition increases through product differentiation, innovation, and strategic alliances.
Prominent dairy testing services providers, in addition to food and beverage corporations, engage in competitive sector dominance by utilizing assertive marketing tactics, broadening their range of products, and exploring new regions.
Leading Dairy Testing Services Providers
Intertek Group plc
Eurofins Scientific S.E.
SGS SA
Bureau Veritas SA
TÜV SÜD AG
Romer Labs Division Holding GmbH (DSM)
Merieux NutriSciences Corporation (INSTITUT MÉRIEUX)
Neogen Corporation