According to the new market research report "Food Certification Market by Type (ISO 22000, BRC, SQF, IFS, Halal,
Kosher, Free-From Certification), Application (Meat, Poultry, and Seafood,
Dairy, Infant Food, Beverages, Bakery & Confectionery), Risk Category, and
Region - Global Forecast to 2025", published by
MarketsandMarkets™, the Food Certification Market is estimated to account
for USD 4.7
billion in 2020 and is projected to reach a value of USD 6.2 billion,
with a CAGR of 5.4% for the forecast period 2020-2025. Factors such as the rise
in demand for unadulterated products, concern for food safety, stringent
regulations and laws for food products, increase in the adoption of
organic products, and the mandate to meet the export standards with increased
global food trade is projected to drive the growth of the food certification
market.
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The ISO 22000 segment is projected to be the largest segment in
the food certification market during the forecast period.
ISO 22000 quality certification can be applied to any
organization in the food chain, from packaging manufacturers to the actual food
processing facilities. It is one of the most important food safety
certifications concerning the food safety hazards in the food & beverage
industry. ISO 22000 certification assures consumers that the business they are
buying from is working with suppliers who conform to international safety,
quality, and reliability standards.
The meat, poultry
& sea-food segment is estimated to account for the largest market share, in
terms of value, in 2020.
Meat, poultry & sea-food is majorly consumed in almost all
the countries. Meat is highly likely to support the growth of bacteria and
is prone to microbial contamination. The incidences of meat fraud are rising
due to the increasing demand for processed meat products. Also, religious
concerns among consumers, particularly Islamic and Jewish populations, are
projected to drive the demand for Halal and kosher certification for meat and
meat products. Therefore, meat, poultry & sea-food segment will
continue to have huge demand for food certification.
Browse
in-depth TOC on "Food Certification Market"
147
– Tables
58 – Figures
245 – Pages
The High-risk
segment is projected to witness the fastest growth in the food certification
market, 2020 to 2025.
Foods like raw and cooked meat, including poultry, such as
chicken and turkey, dairy products, egg and egg products, seafood, and
ready-to-eat foods are more vulnerable to bacterial growth, hence there is more
risk of consuming them. Therefore, the demand for safety testing and
certification of high-risk foods is projected to rise with the increase in
instances of foodborne diseases.
North America is projected
to grow at the highest CAGR during the forecast period.
The market for food certification in the North America region
is projected to grow at the highest CAGR from 2020 to 2025. Regions like US, Canada are
one of the major consumers of processed food & beverages and high-risk
foods, which eventually creates more concern for food safety. Therefore, the
growth in such regions is mainly due to the increase in foodborne illness among
consumers and the stringent regulations imposed by the government pertinent to
food safety standards.
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Key Players:
This report includes a study on the marketing and development
strategies, along with a study on the product portfolios of the leading
companies operating in the food certification market. It includes the profiles
of leading companies like, SGS (Switzerland),
DNV (Norway),
Lloyd's Register (UK), Bureau Veritas (France), Control Union
Certifications (Netherlands),
Intertek (UK), Eurofins (Luxembourg),
TÜV SÜD (Germany),
AsureQuality (New
Zealand), DEKRA (Germany),
Kiwa Sverige (Sweden),
ALS (Australia),
NSF International (US), Aspirata (South Africa), International
Certification Ltd (New
Zealand), Control Union Certifications (Netherlands), Indocert (India), TQ
Cert (India),
Eurofins (Luxeumbourg), Socotec (France) and MS Certification
Services (India).
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