Press release -
Food Certification Market Size - Global Market Oppout
Food Certification Market: Global Industry Analysis 2015 To 2020 And Opportunity Assessment 2021 To 2027
Increasing concern among consumers regarding food quality and safety and growing number of cases of foodborne diseases are some of the major factors driving the growth of Global Food Certification Market
Global Food Certification Market is valued at USD 46512 Million in 2020 and expected to reach USD 6811.0 Million by 2027 with a CAGR of 5.6% over the forecast period.
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Key Players for Global Food Certification Market Report
Some major key players for Global Food Certification Market report cover prominent players like SGS, DNV, Underwriters Laboratories Inc., Lloyd’s Register, Eagle Certification Group, Bureau Veritas, Indocert, Control Union Certifications, Intertek, Eurofins, TÜV SÜD, AsureQuality, DEKRA, Kiwa Sverige, ALS, NSF International, Socotec, Aspirata and others.
Certification of an entity in accordance with ISO 22000, HACCP, or any other food safety standard is one of the ways to ensure that the accredited organization has adopted a food safety management system and adhered to all processes, practices, goods, and facilities in accordance with the organization's food safety policy and ISO 22000 criteria. Food certification is available to all businesses, regardless of their size. The only criterion for obtaining a food certificate is to be a part of the food supply chain. To ensure that the food is safe for human consumption, the company must demonstrates its ability to monitor the hazards associated with food safety. The food certification will be given to the company if it is able to demonstrate such facts. If a company is accredited according to one of the food standards, it is believed that the quality and regulation of food hazards are in place, and the food generated by the food safety certified company is safe to eat. Food certification benefits the world's resource use, company earnings, higher-quality employment in the food sector, increased economic development, safer food insurance, lower rates of food borne disease, accurate documentation of techniques, practices, and methods, and the possible harmonization of national food standards. The global demand for food certification is being strengthened by the rapid development of food sectors, rising need of safe food and other factors.
Global Food Certification Market Segmentation:
- ISO 22000
By Supply Chain:
- Meat, Poultry and Seafood Products
- Bakery and Confectionary Products
- Dairy Products
- Infant Food Products
- Fruit and Vegetable Processed Products
The regions covered in this Global Food Certification Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of food certification is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
North America is Expected to Dominate the Global Food Certification Market
The Global Food Certification Market is segmented into North America, Europe, Asia-Pacific Latin America and Middle East & Africa. North America is expected to dominate the global food certification market within the forecast period. The growing food sectors and increased consumption of prepared food, increased rules and regulations towards food safety in the region, growing number of cases of food disease cases are some of the major factors driving the demand for food certification in this region. For instances; according to Journal of Sustainability, North America and Europe account for 90% of global retail sales of organic foods and beverages; however, exporting countries in Asia, Africa, and Latin America are becoming more relevant. According to FAO, in terms of the global distribution of total food insecure (moderate or severe) people, Northern America and Europe accounts for 88 million of the world's 2 billion food insecure people. According to International Journal of Environmental Research and Public Health, food cooked outside accounted for more than half of overall food spending in the United States in 2018.
Europe is expected to witness a significant growth rate in global food certification market. Strict rules and regulations in European countries may drive the market growth of food certifications. For instance; according to European Union food system, because of the establishment of EU food law following the 1990s bovine spongiform encephalopathy ('mad cow' disease) crisis, EU consumer protection laws have one of the highest standards of protection in the world, including for food safety. Furthermore, the EU has established regulatory mechanisms for food information (such as food labeling rules and the quality scheme), which provide consumers and producers with a high level of assurance. By controlling those externalities of food production, EU environmental policy is linked to the food system.
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