(EMAILWIRE.COM, September 05, 2018 ) Dairy Testing market size will grow from USD 3.82 Billion in 2017 to USD 6.04 Billion by 2023, at an estimated CAGR of 7.9%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

The market is driven by the increase in outbreaks of foodborne illnesses, globalization of dairy trade, and stringent safety & quality regulations for food. The dairy testing market, based on type, has been segmented into safety testing & quality analysis. The safety testing segment dominated this market in 2017 and is also projected to be fastest-growing during the forecast period. This is attributable to the significant emphasis being laid on safety testing of food output with regulatory authorities focusing on addressing regulatory loopholes, preventing adulteration, malpractices, and labeling mandates. The dairy testing market, by technology, has been segmented into traditional and rapid. The rapid technology segment dominated the market in 2017 and is projected to be the fastest growing by 2023. Low turnaround time, higher accuracy, sensitivity, and the ability to test a wide range of contaminants in comparison to traditional technology are the reasons for the growth of the rapid technology segment.

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Market Segments:

· By Market Players: SGS , Bureau Veritas , Eurofins , Intertek , TUV SUD , TUV Nord Group , ALS Limited , Neogen Corporation , Asurequality , Mérieux Nutrisciences , Microbac Laboratories , Romer Labs

· By Type: Safety , Quality

· By Technology: Traditional Technology , Rapid Technology

· By Product: Milk & Milk Powder , Cheese, Butter & Spreads , Infant Food , ICE Cream & Desserts , Yogurt

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

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