Lipid Testing Market for Food & Beverages by Technology (Recent and Traditional), by Application (Food & Beverages and Food Ingredients), and by Geography - Global Industry Insights till 2025

  • Published On : Mar 2018 |
  • Pages : 238 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Global Lipid Testing Market for Food & Beverages - Insights

Lipids are one of the major constituents of foods and also important in numerous ways in a routine diet as they are major source of energy as they provide essential lipid nutrients. They comprise naturally occurring molecules such as sterols, fats, fat-soluble vitamins, and phospholipids. Lipids find their applications in cosmetics and food industries. However, over-consumption of some lipid components such as saturated fats and cholesterol can be harmful to health.

Stringent government regulations imposed on safety levels in the food industry have propelled the global lipid testing market for food & beverages. 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.

Figure1. Global Lipid Testing Market for Food & Beverages Share, By Type, 2016

lipid testing market

Source: Coherent Market Insights (2018)

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.

Lipids comprise naturally occurring molecules that include sterols, fats, fat-soluble vitamins, phospholipids and others. The lipid testing market for food & beverages has witnessed a prominent growth owing to the rising health concerns among the populace across the globe.

Market Dynamics

Lipid testing market for food & beverages is driven by the rise in consumption of processed foods which contains salts, preservatives, sweeteners, fats, chemicals, artificial flavors, and others. These ingredients increase the risk of high blood pressure, cholesterol, diabetes, heart attacks, and various other health risks. 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.

Market Taxonomy

This report segments the global lipid testing market for food & beverages on the basis of technology and application. On the basis of technology, the global lipid testing market for food & beverages is classified into recent and traditional. Applications of lipid testing market include food & beverages and food ingredients.

Key features of the study:

  • This report provides in-depth analysis of lipid testing market for food & beverages size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2018 – 2025), considering 2017 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 approval, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global lipid testing market for food & 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. and AsureQuality Limited.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion and marketing tactics
  • The global lipid testing market for food & beverages report caters to various stakeholders in this industry including investors, suppliers, lipid testing device manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the 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 Geography:
    • North America
      • U.S.
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Canada
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
    • Europe
      • U.K.
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Germany
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Italy
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • France
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Russia
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Rest of Europe
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
    • Asia-Pacific
      • China
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • India
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Japan
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
          •  
      • ASEAN
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Australia
        • By Technology:
          • Recent
          • Traditional
          •  
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • South Korea
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Rest of Asia Pacific
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
    • Latin America
      • Brazil
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Argentina
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Mexico
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Rest of Latin America
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
    • Middle East
      • GCC
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Israel
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Rest of Middle East
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
    • Africa
      • Northern Africa
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • Central Africa
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
      • South Africa
        • By Technology:
          • Recent
          • Traditional
        • By Application:
          • Food & Beverages
          • Food Ingredients
  • Company Profiles
    • Intertek Group Plc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • 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

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

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet By Technology
      • Market Snippet By Application
      • Market Snippet By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Epidemiology/Prevalence/Incidence
      • Merger and Acquisitions
      • New Technology Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Lipid Testing Market for Food & Beverages, By Technology, 2018 - 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 - 2025 (%)
      • Y-O-Y Growth Analysis, 2018 - 2025
      • Segment Trends
    • Recent
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2018 - 2025, (US$ Million)
    • Traditional
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2018 - 2025, (US$ Million)
  5. Global Lipid Testing Market for Food & Beverages, By Application, 2018 - 2025 (USD Million)
    • Introduction
      • Market Share Analysis, 2017 - 2025 (%)
      • Y-O-Y Growth Analysis, 2018 - 2025
      • Segment Trends
    • Food & Beverages
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2018 - 2025, (US$ Million)
    • Food Ingredients
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2018 - 2025, (US$ Million)
  6. Global Lipid Testing Market for Food & Beverages, By Regions, 2018 - 2025 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 - 2025 (%)
      • Y-O-Y Growth Analysis, For Regions, 2018 - 2025
    • North America
      • Market Share Analysis, By Country, 2017 - 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2018 - 2025
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
    • Europe
      • Market Share Analysis, By Country, 2017 - 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2018 - 2025
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • France
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 - 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2018 - 2025
        • China
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • India
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
    • Latin America
      • Market Share Analysis, By Country, 2017 - 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2018 - 2025
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
    • Middle East
      • Market Share Analysis, By Country, 2017 - 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2018 - 2025
        • GCC Countries
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
    • Africa
      • Market Share Analysis, By Country, 2017 - 2025 (%)
      • Y-O-Y Growth Analysis, By Country, 2018 - 2025
        • Northern Africa
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Technology, 2018 - 2025 (US$ Million)
          • Market Size and Forecast, By Application, 2018 - 2025 (US$ Million)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Intertek Group Plc.
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Microbac Laboratories Inc.
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Eurofins Scientific SE
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Campbell Brothers Limited
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • General Mills Inc.
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • TUV Nord Group
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Bureau Veritas S.A.
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • AsureQuality Limited
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

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Research Methodology

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Data Standardization:

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Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
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This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

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