The global food certification market is projected to reach value of USD 6.90 billion by 2027, according to a recent analysis by Emergen Research.
Change in consumers' consumption habits, preference for organic foods, rise in the living standards, and consumer's requirement for quality products are some of the vital factors driving the market. Formulation of strict regulations regarding food safety has acted as a river of the market.
The global food certification market is expected to remain in a competitive and highly fragmented landscape during the forecast period, consisting of a large number of small start-ups, medium enterprises, and large conglomerates. During the forecast period, increasing demand for technological advancements and high diversification in offered products are likely to offer high growth potential to new market players.
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The major manufacturers covered in this report:
- Key players in the market are Lloyd's Register, DEKRA, Intertek, International Certification Ltd, Asure Quality, Bureau Veritas, DNV, Eurofins, TQ Cert, and TUV SUD.
Segments Covered in this report are:
Application Outlook (Revenue: USD Billion; 2017–2027)
- Processed Meat Poultry
- Organic Food
- Dairy Products
- Seafood
- Beverages
- Infant Foods
- Others
Type Outlook (Revenue: USD Billion; 2017–2027)
- ISO 22000
- Halal
- Kosher
- SQF
- FSSAI
- BRC
- Others
Risk Outlook (Revenue: USD Billion; 2017–2027)
- High Risk
- Low Risk
Regional Outlook (Revenue: USD Billion; 2017–2027)
- North America
- U.S.
- Canada
- Europe
- Russia
- U.K.
- Germany
- France
- BENELUX
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- Israel
- Rest of MEA
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Further key findings from the report suggest
- In September 2020, Intertek and a few other organizations started a new partnership to launch a brand-new shared audit program collectively. This program would lend a helping hand to create a safe food supply chain with its audit, which would help in certification.
- In March 2019, DNV established an AI (Artificial Intelligence) research center to offer better and accurate solutions to enhance food surveys, inspection, and audit in Shanghai, China
- The ISO 22000 certification focuses on securing and maintaining a supply chain. It has principles of integrated management systems and it is formulated as per the HACCP principles of the Codex Alimentarius and other essential standards in the ISO management systems. This certification helps control the risks in the food industry. ISO 22000 specifies that all the probable hazards expected to happen in a food chain should be identified and assessed. Therefore, it provides means to determine and document why a specific organization needs to control certain types of identified threats..
- In the North America region, the regulatory bodies, via audits, follow-ups, and surveys, make sure that companies operating in the alcohol production sector must mandatorily follow the food management processes, rules, and regulations. The U.S. FDA's strict guidelines and regulations make the manufacturer or producer follow them obligatorily.
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