Global Liquid Chromatography Food Testing Market Size  (2023 - 2030)

According to our research report, the global liquid chromatography food testing market is estimated to reach a total market valuation of USD 20.1 Billion by 2022 to USD 35.85 billion by 2030. The market is projected to grow with a CAGR of 7.5% per annum during the period of analysis (2023 - 2030).

Industry Overview

Proteins, nucleic acids, and tiny molecules can be separated and identified using the process of liquid chromatography. The interaction of the sample with the mobile and stationary phases forms the basis of the separation. According on the sample's affinity with the liquid phase, the composition of the mobile phase entirely alters. For analytical and preparative purposes, such as in dietary supplements, pharmaceuticals, or biotherapeutics, liquid chromatography can be utilised. Great-performance liquid chromatography (HPLC), one of the most sophisticated types of liquid chromatography, allows for ultra-trace separations with high sensitivity and precision, boosting market growth. High-performance liquid chromatography (HPLC) is the method of choice for preparing pure material for clinical, toxicological, inorganic, and trace analyses.

However, there are several constraints that might limit the market's growth, including the expensive cost of chromatography equipment and a lack of qualified specialists to run the equipment. Precipitation, high-resolution ultrafiltration, crystallisation, high-pressure refolding, charged ultra-filtration membranes, protein crystallisation, capillary electrophoresis, aqueous two-phase extraction, three-phase partitioning, monoliths, and membrane chromatography are other alternatives to chromatography that also pose a threat to the market's expansion. Instead, improvements in gas chromatography columns for petrochemical applications and the use of chromatography in research and development for cancer present a market potential for the makers.

Impact of Covid-19 on the industry

The COVID-19 epidemic has hampered operations in the global healthcare industry. Numerous companies, including parts of the healthcare industry, have been forced to temporarily close their doors because of the sickness. Though chromatography is a potent laboratory-based analytical technique that is being used by researchers as they strive to understand the Sars-CoV-2 virus and develop better treatments, vaccines, and diagnostic tools to aid in its detection, the rise in the prevalence of the infectious disease COVID-19 has also had a positive effect and growth in demand for various services, including liquid chromatography technologies.

For instance, in research that was published online in June 2020, liquid chromatography and mass spectrometry were used to measure the amount of remdesivir in a patient with COVID-19's blood plasma and so offer information on how effective the drug is in treating SARS-CoV-2. Consequently, the COVID-19 outbreak has had a favourable effect on the chromatography market.

Market Drivers

Rising adoption in food safety will drive the market growth

Globally, there is a lot of worry about food safety. For instance, in 2013, the Environmental Institute in Munich discovered significant levels of glyphosate in beer, one of Europe's most popular libations. Herbicide and pesticide use both during and after harvest increases crop production. However, using these substances could be harmful to people's health. The most practical method for identifying polar pesticides in food and environmental samples is liquid chromatography. The perfect purity of the molecules and the measurement of plant extract in therapeutic dose are also the main issues. In forensic, toxicology, and environmental laboratories, high-performance liquid chromatography is the go-to analytical technique.

Support of government agencies to drive global market

Government organisations in the United States, Europe, and Asia Pacific are continually investing in and providing grants and cash for the development of liquid chromatography as a result of growing public knowledge of this technique. This will broaden the potential for the creation of new chromatographic technologies, which will promote the expansion of the global liquid chromatography market. Government funding for medical research is increasing, which is fuelling demand for liquid chromatography equipment. This element will probably influence the market. The Asia Pacific region's investments in biomedical businesses are a significant driver of the global liquid chromatography market's expansion. The worldwide liquid chromatography market is therefore anticipated to grow as a result of increasing government backing and associated organisations.

Market Restraints

The huge cost of liquid chromatography instruments will challenge the market growth

Chromatography equipment is expensive since it has a wide range of intricate features and performance. However, the cost of this equipment varies according toits use. Since these devices use capillary columns to separate molecules like hydrogen, oxygen, and methane, they are also utilized in the pharmaceutical sector. More small and medium-sized firms and research and academic institutions are requesting these solutions for their processes in sectors including food and beverage, oil and gas, biotech, and pharmaceuticals. The amount of money spent on these systems has consequently increased dramatically.

LIQUID CHROMATOGRAPHY FOOD TESTING  MARKET REPORT COVERAGE:

This research report on the global liquid chromatography food testing market has been segmented and sub-segmented based on, product, end-user, and Geography & region.

Global Liquid Chromatography Food Testing Market- By Product

• Instruments
• Consumables & Accessories

It is divided into instruments, consumables, and accessories based on the kind of product. In addition, the consumable category includes valves, gauges, liners, and sealers in addition to columns, syringe filters, vials, and tubing. Detectors, autosamplers, pumps, flow metres, fraction collectors, as well as mixers, regulators, and mobile phase accessories are included in the accessories segment's further division. In 2021, the consumables sector dominated the worldwide market, and it is predicted that this trend would continue over the projected period. This can be ascribed to the pharmaceutical industry's increasing use of consumables to separate, identify, and test different substances such vitamins, preservatives, additives, proteins, and amino acids.

Global Liquid Chromatography Food Testing Market- By End User

• Pharmaceutical And Biotechnology Industries
• Academic Research Institutes

According to end users, it is divided into oil & gas companies, environmental agencies, academic & research institutions, food & beverage companies, pharmaceutical & biotechnology companies, and others. The pharmaceutical and biotechnology company held the largest market share in 2021 and is anticipated to maintain its dominance throughout the forecast period as a result of an increase in the use of chromatography techniques by these companies for a variety of purposes, including the identification and analysis of samples for the presence of chemicals or trace elements, the preparation of enormous quantities of extremely pure materials, the separation of chiral compounds, and the detection of microorganisms.

Global Liquid Chromatography Food Testing Market- By Geography & Region

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa

Due to its expanding healthcare infrastructure, rising disposable incomes, and established domestic business presence, Asia-Pacific has lucrative prospects for major players operating in the chromatography market and will develop at the highest rate throughout the projection period. The Asia-Pacific region's investments in the biomedical sector are also a major driver of the worldwide chromatography market's expansion. Thus, it is anticipated that increasing government backing and linked organisations would strengthen the market in the area.

Global Liquid Chromatography Food Testing Market- By Companies

1. Agilent Technologies
2. Bio-Rad Laboratories
3. Danaher Corporation
4. Hitachi Ltd.
5. Merck KGAA
6. PerkinElmer, Inc.
7. RestekCorporation
8. Shimadzu Corporation
9. Thermo Fisher Scientific, Inc.
10. Waters Corporation.

NOTABLE HAPPENINGS IN THE GLOBAL LIQUID CHROMATOGRAPHY FOOD TESTING MARKET IN THE RECENT PAST:

• Merger & Acquisition: - In 2021, The purchase of MOLECUBES NV, a dynamic innovator in benchtop preclinical nuclear molecular imaging (NMI) systems, was announced by Bruker Corporation (Nasdaq: BRKR). With this acquisition, Bruker is better positioned to serve as a top supplier of NMI systems for preclinical and translational imaging research.
• Merger & Acquisition: - In 2021, PPD, Inc. (Nasdaq: PPD), a major international provider of clinical research services to the biopharmaceutical and biotech industries, has been acquired by Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in servicing science, for $17.4 billion.
• Research &Development: -In 2019, During the 48th International Symposium on High Performance Liquid Phase Separations and Related Techniques (HPLC 2019) at the University of Milano-Bicocca in Milan, Italy, Thermo Fisher Scientific presented their most recent chromatography products and methods.