Global dairy testing to pass $8B
by Katie Pfaff
The international market for dairy testing is expected to grow, according to a report by analysts, ResearchAndMarkets.com. The market is forecast to increase by 8.2% CAGR following a 2021 valuation of $5.5 billion. The market is projected to attain a worth of $8.1 billion by 2026, based on the expected uptick in the global market for dairy products and the degree of quality requirements.
When evaluating by segment, the milk, and milk powder dairy testing segment is expected to hold its spot at the top as the largest portion of the market. Milk is among the most common foods consumed globally through processing greatly differs around the world. Developed countries tend to offer milk produced by large operations while developing countries often produce milk through small-scale farms. Overall, however, the production of milk across the globe has grown by more than 59% in the last 30 years, according to the report.
Divided by technology type, the rapid testing technology segment takes the lead in dairy testing. The segment includes technology for chromatography and spectroscopy, including mass spectrometry, gas and liquid chromatography, high-performance liquid chromatography, and LC-MS/MS. With the array of tests, practitioners are able to screen for allergens, pesticides, pathogens, residual veterinary medications, metals, and mycotoxins. In addition, chromatography allows for the testing of dairy for certain dietary nutrients such as vitamins, proteins, and other components, which are necessary for proper labeling requirements.
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