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. These facts and figures help readers evaluate the global market growth, production, and consumption rates, volatility in demand and product prices, and upcoming market trends over the projected period. The report throws light on the current economic landscape of this business vertical and evaluates the top market trends. It has been compiled through significant primary research, including surveys, interviews, and expert analysts' observations. 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 report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.
Food certification has been essential in resolving critical issues related to supply chain in the food sector. The certification helps in growth of the economy of a nation through imports and exports. One of the most vital components of the report is the SWOT analysis, coupled with a detailed overview of the market's competitive landscape. The report aims to deliver a comprehensive understanding of the Food Certification market growth and expansion in each key region of the world. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The Global Food Certification Market report provides full coverage of the companies' data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position.
The research report on the Food Certification market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Food Certification business sphere.
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Further Key Findings from 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 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.
- 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 Global Food Certification Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the Food Certification market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects.
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.
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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.
For this report, Emergen Research has segmented the global food certification market based on application, type, risk, and region:
- Application Outlook (Revenue: USD Billion; 2017-2027)
- Processed Meat & Poultry
- Organic Food
- Dairy Products
- Infant Foods
- Type Outlook (Revenue: USD Billion; 2017-2027)
- ISO 22000
- Risk Outlook (Revenue: USD Billion; 2017-2027)
- High Risk
- Low Risk
The report offers a comprehensive analysis of the current growth opportunities for various regions of the Food Certification market. It gauges the revenue shares of these regions over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Table of ContentChapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation TechniqueChapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027Chapter 3. Key InsightsChapter 4. Food Certification Market Segmentation & Impact Analysis 4.1. Food Certification Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 22.214.171.124. Increasing Awareness towards adulteration of food products 126.96.36.199. Increase in Imports and Exports 188.8.131.52. Increase in demand for Processed Foods and Organic Foods 4.2.3. Market restraints analysis 184.108.40.206. Interventions by the regulatory authorities 220.127.116.11. Complex criteria to get the certification 4.3. Application Insights 4.4. Regulatory Framework 4.5. Porter's Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
Chapter 5. Food Certification Market by Applications Insights & Trends, Revenue (USD Billion) (Million MT) 5.1. Application Dynamics & Market Share, 2019 & 2027 5.1.1. Processed Meat and Poultry 5.1.2. Organic Food 5.1.3. Dairy Products 5.1.4. Seafood 5.1.5. Beverages 5.1.6. Infant Food 5.1.7. Others
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Years: 2020-2027
Key Reasons to Buy This Report:
- The report presents a thorough examination of the Food Certification market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers' value chain, sales volume, market share, competitive landscape, and effective business tactics.
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