Market Overview:
The global lipid testing market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for quality food and beverages, rising awareness about the benefits of lipid testing, and technological advancements in lipid testing methods. The global lipid testing market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into recent lipids tests and traditional lipids tests. The recent lipids tests segment is expected to grow at a higher CAGR than traditional lipids tests during the forecast period owing to its advantages such as accuracy and speed over traditional methods. On the basis of application,the market is divided into food & beverages industry and cosmetics industry segments. The food & beverages industry segment dominates this market due to rising demand for quality food products across all regions studied in this research study.
Product Definition:
Lipid testing is a blood test that measures the levels of cholesterol and other fats in your blood. Lipid testing is important because it can help you determine your risk for heart disease.
Recent:
Recent is a lipoprotein that helps transport cholesterol and triglyceride in the blood. The recent test measures the level of VLDL (Vasoactive Lipid Emitting) particles in the plasma, which is related to cardiovascular diseases such as Coronary Artery Disease (CAD), stroke, peripheral artery disease, and heart failure.
Traditional:
Traditional is a method of testing that involves the use of animal fat as an extraction medium. The main advantage associated with this test is that it provides accurate results in a short time span. This technique has been used for several years and was considered to be the gold standard for cholesterol testing until modern techniques came into picture.
Advantages associated with traditional lipid tests are; it can be performed on any laboratory equipment, does not require skilled professionals & technicians,.
Application Insights:
The food and beverage application segment led the global market in 2017. The increasing demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods and bakery products is expected to drive the growth of this segment over the forecast period.
Increasing consumption of alcoholic beverages such as beer across various regions has resulted in an increased number of breweries which is anticipated to augment product demand. In addition, rising awareness regarding sports nutrition along with a growing preference for functional food & beverages among consumers is projected to propel industry growth over the coming years.
The cosmetics industries are expected to witness significant growth on account of increasing consumer spending on beauty care products and services including hair removal waxing or electrolysis hair removal skin treatments coloration or highlights .
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to the presence of a large number of global players and increased focus on sports nutrition products. The U.S.
Asia Pacific is expected to be one of the fastest-growing regional markets with a CAGR exceeding 6.5% during the forecast period due to increasing awareness about health issues related to obesity coupled with rising disposable income especially in developing countries such as China.
Growth Factors:
- Increasing incidence of lifestyle diseases such as obesity and diabetes, which are associated with abnormal lipid levels
- Growing awareness about the importance of lipid testing for early diagnosis and prevention of heart diseases
- Technological advancements in lipid testing that have made the process more efficient and accurate
- Rising demand for personalized medicine, which is facilitated by lipid profiling
- increasing number of clinical studies that highlight the benefits of lipid testing
Scope Of The Report
Report Attributes
Report Details
Report Title
Lipid Testing Market Research Report
By Type
Recent, Traditional
By Application
Food & Beverages, Cosmetics Industries
By Companies
Intertek Group Plc, Microbac Laboratories Inc, Eurofins Scientific SE, Campbell Brothers Limited, General Mills Inc, TUV Nord Group, Bureau Veritas SA, AsureQuality Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Lipid Testing Market Report Segments:
The global Lipid Testing market is segmented on the basis of:
Types
Recent, Traditional
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Cosmetics Industries
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Intertek Group Plc
- Microbac Laboratories Inc
- Eurofins Scientific SE
- Campbell Brothers Limited
- General Mills Inc
- TUV Nord Group
- Bureau Veritas SA
- AsureQuality Limited
Highlights of The Lipid Testing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Recent
- Traditional
- By Application:
- Food & Beverages
- Cosmetics Industries
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lipid Testing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lipid testing is a laboratory procedure that measures the levels of lipids in a sample. Lipids are molecules that are found in many body tissues and fluids, including blood. Lipid testing can help identify problems with cholesterol, triglycerides, and other fats in the body.
Some of the major companies in the lipid testing market are Intertek Group Plc, Microbac Laboratories Inc, Eurofins Scientific SE, Campbell Brothers Limited, General Mills Inc, TUV Nord Group, Bureau Veritas SA, AsureQuality Limited.
The lipid testing market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lipid Testing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lipid Testing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lipid Testing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lipid Testing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lipid Testing Market Size & Forecast, 2018-2028
4.5.1 Lipid Testing Market Size and Y-o-Y Growth
4.5.2 Lipid Testing Market Absolute $ Opportunity
Chapter 5 Global Lipid Testing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lipid Testing Market Size Forecast by Type
5.2.1 Recent
5.2.2 Traditional
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lipid Testing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lipid Testing Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Cosmetics Industries
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lipid Testing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lipid Testing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lipid Testing Analysis and Forecast
9.1 Introduction
9.2 North America Lipid Testing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lipid Testing Market Size Forecast by Type
9.6.1 Recent
9.6.2 Traditional
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lipid Testing Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Cosmetics Industries
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lipid Testing Analysis and Forecast
10.1 Introduction
10.2 Europe Lipid Testing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lipid Testing Market Size Forecast by Type
10.6.1 Recent
10.6.2 Traditional
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lipid Testing Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Cosmetics Industries
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lipid Testing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lipid Testing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lipid Testing Market Size Forecast by Type
11.6.1 Recent
11.6.2 Traditional
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lipid Testing Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Cosmetics Industries
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lipid Testing Analysis and Forecast
12.1 Introduction
12.2 Latin America Lipid Testing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lipid Testing Market Size Forecast by Type
12.6.1 Recent
12.6.2 Traditional
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lipid Testing Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Cosmetics Industries
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lipid Testing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lipid Testing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lipid Testing Market Size Forecast by Type
13.6.1 Recent
13.6.2 Traditional
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lipid Testing Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Cosmetics Industries
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lipid Testing Market: Competitive Dashboard
14.2 Global Lipid Testing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intertek Group Plc
14.3.2 Microbac Laboratories Inc
14.3.3 Eurofins Scientific SE
14.3.4 Campbell Brothers Limited
14.3.5 General Mills Inc
14.3.6 TUV Nord Group
14.3.7 Bureau Veritas SA
14.3.8 AsureQuality Limited
