Verifiedmarketresearch has published a report entitled Global Dairy Testing Market Research Report 2019 that is a detailed observation of several aspects, including the rate of growth, technological advances and various strategies implemented by the main current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.
According to Verified Market Intelligence, the global dairy testing market was valued at USD 3.80 billion in 2016 and is projected to reach USD 7.29 billion by 2025, growing at a CAGR of 7.5% from 2017 to 2025.
The major manufacturers covered in this report- SGS, Eurofins, Intertek, BureauVeritas, TUV SUD, ALS Limited, TUV Nord Group, and Neogen Corporation.
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What is the Dairy Testing?
Different dairy products are produced from natural milk such as milk, cheese, yogurt, butter etc. The quality test of milk used in making these dairy products is very crucial in order to provide good quality of milk products to the consumers. To ensure that the products manufactured are of good quality and safe for human consumption, there is a requirement of testing these dairy products. In order to achieve the good quality of milk, there is urgent need of adopting good hygiene practices throughout the whole dairy production procedure.
Growing number of food-related illness and globalization of dairy trade has been driving the global dairy testing market. While lack of coordination between market stakeholders, improper enforcement of regulatory laws & supporting infrastructure and lack of standardization in food safety standards might hinder the overall growth at a global level.
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Market Segment by Regions, regional analysis covers 2019-2025:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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What are the Dairy Testing market factors that are explained in the report
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: The Global Dairy Testing Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Verified Market Research provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Verified Market Research provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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