Lipid Testing Market

Lipid Testing Market - Size, Share, and Industry
Insights till 2025
Lipids are major dietary component in food and it is important in routine diet. Lipids
are major source of energy, as they provide essential lipid nutrients. They consist of
naturally occurring molecules such as sterols, fats, fat-soluble vitamins, and
phospholipids. Furthermore, Lipids have applications in cosmetics and food
industries. However, excessive consumption of lipid components such as saturated
fats and cholesterol results in to various health complications.
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Stringent government regulations on safety of food is propelling demand for global
lipid testing market in food & beverages industry. For instance, Food & Drug
Administration (FDA) in 2014, proposed regulations on the nutrition labeling for
prepackaged food products, an act governing food safety and sanitation and needs
the nutrition labelling for packaged food such as content of fat, carbohydrates, and
others.
Recent technology is the most widely used type with a market share of 67.09% in
2016, and is expected to lead the market throughout the forecast period. Recent
technology has numerous applications in food & beverage industry that are used to
check the count, metabolites, and type of microorganisms related to preservation,
safety, food spoilage, foodborne pathogens, and others. For instance, in 2018,
Certus Corporation, a company that provides innovators in food safety technologies,
is manufacturing CERTUS System Detection Unit, which is based on
Surface-Enhanced Raman Spectroscopy nanoparticle technology through a license
agreement with Becton, Dickinson, and Company, a medical technology company.
This system allows cost-effective and easy way to detect pathogens.
Food & beverages industry was the dominant application segment of lipid testing
market in 2016 and is expected to retain market dominance throughout the forecast
period. Lipid play a major role in many foods for determining the physical
characteristics such as texture, appearance, flavor and others. Hence, testing of lipid
in the food & beverages industry is important to determine the amount of specific
content present in the foods. The Codex Alimentarius Commission (CAC) is a joint
intergovernmental body of the Food and Agriculture Organization of the United
Nations (FAO) and WHO, which coordinates food standards with the main objective
to protect the health of consumers.
North America was the leading region in the global lipid testing market for food &
beverages in 2016, with a revenue of US$ 293.1 million, and it expected to retain its
supremacy throughout the forecast period. U.S. is the major contributor to the growth
of this market in North America owing to the increasing initiatives taken by players in
this region such as new equipment launch, merger, acquisition and various others.
For instance, in 2018, Microbac Laboratories Inc., entered into a partnership with
MedSurgPI, a pharmaceutical and medical device consultant company, through
which the company plans to offer MedSurgPI services to their food, medical food,
and nutritional supplements clients through diverse product development
requirements.
Europe was the second-largest contributor to the global lipid testing market for food
& beverages in 2016 with a market share of 24.91% in the same year. The growth is
attributed owing to the stringent regulations imposed on food safety in this region. In
2007, EU regulation on nutrition and health claims was brought into force which sets
EU-wide conditions for the use of nutrition claims such as ‘high in vitamin C’ or ‘low
fat’ and health claims such as ‘helps lower cholesterol’. The regulation applies to
food or drink product produced for human consumption marketed in the EU. Only
foods that fit a certain nutrient profile (below certain salt, sugar and/or fat levels) will
be allowed to carry claims.
Major players in the global lipid testing market for food & beverages include Intertek
Group Plc., Microbac Laboratories Inc., Eurofins Scientific SE, Campbell Brothers
Limited, General Mills Inc., TUV Nord Group, Bureau Veritas S.A., Ltd. and
AsureQuality Limited among others.
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Lipid testing market report for Food & Beverages categorizes the global market by technology (Recent and Traditional), by application (Food & Beverages and Food Ingredients), and by geography. Report includes, global industry insights till 2025

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