Food Certification Market Insights, Forecast 2018 to 2024: By Product, Application, Manufacturer, Sales and Segmentation
The main objective of this report is to define, describe, and forecast the global “Food Certification” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. According to the report, the global food certification market is projected to grow at a Healthy CAGR over the forecast period of 2018-2024.
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NSF International has completed the acquisition of Euro Consultants Group (ECG).
August 2016, the merger with ECG expanded NSF Internationals footprint in Europe, the Middle East and Africa (EMEA) as well as technical capabilities in food safety and quality. Services offered included supply chain and retail food safety auditing training in safety and hygiene regulation as well as in market and legal requirement s and grant funded consulting projects for the European Food Safety Authority (EFSA).
NSF International Launched Accredited Online Food Safety Courses
July 2018, NSF International, a global public health and safety organization with more than 70 years’ legacy in food safety, has launched four eLearning courses to help food manufacturers, processors, retailers and the food service industry that enhanced food safety practices and produce safe foods for consumers.
The easy-to-access, flexible online format is a great solution for organizations that wanted to provide food safety training to their employees without interrupting production. NSF International’s eLearning programs are certified by the International Association for Continuing Education and Training (IACET) that ensures quality and consistency in the design and development of all training programs. As an IACET Accredited Provider, NSF Training and Education Services offered continuing education units (CEUs) for its programs that qualified under the ANSI/IACET Standard.
NSF International Expanded Sustainability Services as an Accredited Verification Provider for CDP
May 2018, NSF International, a global public health and safety organization, is a verification provider of CDP, a not-for-profit organization that operated a global disclosure system to help companies and municipalities accurately measure, manage and report the environmental impacts. NSF International provides third-party verification of CDP-submitted emissions data to help organizations demonstrate and verify their environmental impacts to customers, investors, regulators and other stakeholders.
Growing disposable income along with consciousness regarding health problems to promote growth in the food certification market
Factors such as growing consumer consciousness regarding certified food products and growing incidence of foodborne illness are some key factors driving the market growth. Rising demand for processed meat product certification is also driving the demand for this market. Further, ensuing demand for convenience food, changing consumption pattern, and growing disposable income joined with consciousness regarding health problems connected with consumption of contaminated foods are also boosting the growth for food certification market. Additionally, consumers willing to spend more on specialty or high quality products and consumers’ prospect for quality food have amplified and this has resulted in the growth of the market. The certified person (Certification Candidate) can be the owner, manager, chef, cook or any employee responsible for safe food handling and who may insure that other employees use proper food handling techniques. However, rise in the consumption of nominal processed food and the high cost of a majority of these certifications will slow down their production in small businesses are hampering the growth of food certification market.
Europe to dominate the food certification market over the forecast period
Europe estimated for the largest market share in the food certification market followed by Asia pacific. While North America region is anticipated to grow at the highest CAGR over the upcoming years. In Europe region consumers show high awareness regarding the food they eat, this further combines with the rising standards of living and is boosting the demand for the market. Factor such as growing incidences of food contamination across emerging economies, increasing standards of living and growing occurrence of food-borne diseases will fuel the demand for food certification market in Asia Pacific region. In addition, the strong food safety policy imposed by the governments all over the North American countries for imported goods is major factor driving the growth in this region.
Key Industry Players In Food Certification Market Studied in Report Are:
The report provides profiles of the companies in the global food certification market such as Bureau Veritas, Underwriters Laboratories Inc, Dekra SE, AsureQuality Limited, Intertek Group plc, Lloyd's Register Group Limited, SGS SA, TÜV SÜD AG, ALS Limited, and DNV GL Group AS.