The Food And Beverage Industry Dominated The Lipid Testing Market In 2016 And Is Expected To Continue To Do So Throughout The Forecast Period
Lipids are a major dietary component in food and are essential in a healthy diet. Lipids are a significant source of energy because they provide essential lipid nutrients. They are made up of molecules that occur naturally, such as sterols, fats, fat-soluble vitamins, and phospholipids. Lipids are also used in the cosmetics and food industries. Excessive consumption of lipid components such as saturated fats and cholesterol causes a variety of health problems. Stringent government regulations on food safety are driving demand for the global lipid testing market in the food and beverage industry. For example, in 2014, the Food and Drug Administration (FDA) proposed regulations on nutrition labelling for prepackaged food products, an act governing food safety and sanitation that requires nutrition labelling for packaged food such as fat, carbohydrate, and other content.
The food and beverage industry dominated the Lipid Testing Market in 2016 and is expected to continue to do so throughout the forecast period. Many foods rely on lipids to determine physical properties such as texture, appearance, flavour, and others. As a result, lipid testing in the food and beverage industry is critical to determining the amount of specific content present in foods. The Codex Alimentarius Commission (CAC) is a joint intergovernmental body of the Food and Agriculture Organization of the United Nations (FAO) and the World Health Organization (WHO) that coordinates food standards with the primary goal of protecting consumer health.
With a market share of 24.91 percent in 2016, Europe was the second-largest contributor to the global lipid testing market for food and beverages in 2016. The expansion can be attributed to the region's stringent food safety regulations. The EU regulation on nutrition and health claims went into effect in 2007, establishing 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 human-consumption food and beverages marketed in the EU. Only foods with a specific nutrient profile (lower levels of salt, sugar, and/or fat) will be allowed to carry claims.
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