LIPID TESTING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2021 to 2028)

Food Safety is the main health goal, and there are lot of health hazards related to the unhealthy food consumption. The detection of these unhealthy factors from the food is very important nowadays for the prevention and recognition of problems related to health and safety.  To meet the increasing food demand, global food production must be increased by 70% by 2050, according to the Food and Agriculture Organization of the United Nations (FAO). The increase in global food production impacts the growth of the market with an increasing number of food safety controls from the raw material till the final product.

The lipid testing is the test conducted to measure the amount of Good and bad cholesterols, triglycerides, proteins and lipoproteins as these are very important in maintaining the amount of nutrition in any food. The government has specified the amount of the lipids for the food and beverages which is important to maintain the overall health of the consumers.

Increasing prevalence of foodborne illness is contributing to the growth of the Lipid testing market for Food & Beverages. According to the Centers for Disease Control and Prevention (CDC), one in six Americans suffer from food poisoning due to consumption of contaminated foods or Beverages, accounting for around 48 million people, out of which 128,000 are hospitalized annually.

According to the Food & Agriculture Organizations of the United Nations, more than 3 billion people around the world are not getting healthy diets. Shifting to healthy diets that include sustainability considerations can contribute to reducing health and climate change costs by 2030. These problems can also be overcome by promoting lipid testing for food and Beverages.

Increasing health risks through the consumption of these food products leads to the food testing and safety for human consumption, which in turn is driving growth of the market. Moreover, stringent government over food safety in several regions across the global has immensely driven the global lipid testing market for food & beverages. 

Key features of the study:

• This report provides an in-depth analysis of global Lipid testing market for food and Beverages, market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2021-2028, considering 2020 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in global Lipid testing market for food and Beverages based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Intertek Group Plc., Microbac Laboratories Inc., Eurofins Scientific SE, Campbell Brothers Limited, General Mills Inc., TUV Nord Group, Bureau Veritas S.A., AsureQuality Limited, ALS Limited, NEOGEN Corporation, Merieux NutriSciences Corporation and SGS SA.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global Lipid testing market for Food & Beverages caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Lipid testing market for Food & Beverages

Detailed Segmentation:

• Global Lipid Testing Market For Food & Beverages, By Technology:
  • Recent
  • Traditional
• Global Lipid Testing Market For Food & Beverages, By Application:
  • Food & Beverages
  • Food Ingredients
• Global Lipid Testing Market For Food & Beverages, By Region:
  • North America
    • By Country
      • Canada
      • U.S.
  • Latin America
    • By Country
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
  • Europe
    • By Country
      • U.K.
      • France
      • Germany
      • Rest of Europe
  • Asia Pacific
    • By Country
      • China
      • India
      • ASEAN
      • Australia
      • Rest of Asia Pacific
  • Middle East
    • By Country
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Country
      • Northern Africa
      • Central Africa
      • South Africa
• Company Profiles
  • Intertek Group Plc
    • Company Overview
    • Product Portfolio
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Microbac Laboratories Inc.
  • Eurofins Scientific SE
  • Campbell Brothers Limited
  • General Mills Inc.
  • TUV Nord Group
  • Bureau Veritas S.A.
  • AsureQuality Limited
  • ALS Limited
  • NEOGEN Corporation
  • Merieux NutriSciences Corporation
  • SGS SA.

 “*” marked represents similar segmentation in other categories in the respective section.