The 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″, 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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By type, ‘free-from’ certifications is projected to be the fastest-growing segment in the Food certificationmarket during the forecast period.
The increase in consumer inclination toward natural and organic products is a major factor that is projected to drive the growth of the free-from certifications market in the food & beverage industry. Regulatory bodies in some countries insisting that food producers should have proper labelling on their products if they are allergen or gluten-free, owing to growing concerns among consumers about food allergies, which is driving the demand for ‘free-from’ certification.
By application, meat, poultry & sea-food products segment is projected to dominate the Food certification market during the forecast period.
The cases of meat farus is increasing with increased demand for processed meat products. The number of malpractices or adulteration is increasing day by day across the world leading to many health issues resulting in the improved growth of meat certification. Religious concerns among consumers, especially Jewish and Muslims communities, is driving the demand for certified products which are in compliance with their beliefs, therefore the market is driven for halal and kosher certifications for meat products.
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.
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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.
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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