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Food Certification - Global Market Outlook (2018-2027)

Food Certification - Global Market Outlook (2018-2027)

4.5 (98 reviews)
Published: September 2019 ID: SMRC18612
4.5 (98 reviews)
Published: September 2019 ID: SMRC18612

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Food Certification market accounted for $8.72 billion in 2018 and is expected to reach $15.99 billion by 2027 growing at a CAGR of 7.0% during the forecast period. Rising demand for processed meat product certification and growing prevalence of foodborne illness are driving the market growth. However, lack of food control infrastructure & resources in developing countries and lack of harmonization in food certification standards are restraining the market growth. Moreover, the rise in demand for organic food certification and the growing number of small & medium scale enterprises (SMEs) will provide ample opportunities for the growth of the market.

Food certification is verification by regulatory bodies, which ensures that the processes, systems, and products in the food supply chain are according to the accepted limits of food safety standard. It is based on results of inspections, audits, and tests, which provide assurance to the consumer that the food products are according to the national and international food quality standard. It includes processes related to the storage, handling, and preparation of food products. The benefits of food certification are consistent production of safe and quality food products with reduced risks of contamination, which decreases food recall from the market.

By application, meat, poultry, and seafood products segment are going to have a lucrative growth during the forecast period. A certification system is required for the entire chain of meat, poultry, and seafood products for the process of importers, exporters, and distributors. Rising meat product recalls across various countries are fueling the demand for this market for meat, poultry, and seafood products. By geography, North America is going to have a lucrative growth during the forecast period as the market is mainly driven by the strong food safety rules and guidelines imposed by the governments across the North American countries for imported goods.
 
Some of the key players in this market include Asure Quality Ltd., Dekra SE, ALS Limited, LLC, BSI Group India Pvt. Ltd., Sealk, DNV GL, TUV SUD AG, Group AS, Underwriters Laboratories Inc., Intertek Group PLC, TQ Cert Services Private, Lloyd’s Register, SGS SA, Bureau Veritas, NSF International, and INDOCERT.

Supply Chains Covered:
• Manufacturers
• Retailers
• Growers
• Other Supply Chains

Risk Categories Covered:
• Low-Risk Foods
• High-Risk Foods

Certification Types Covered:
• Hazard Analysis and Critical Control Points (HACCP)  
• Product and Process Based Certifications  
• Food Safety and Standards Authority of India (FSSAI)  
• British Retail Consortium (BRC)  
• International Organization for Standardization (ISO 22000)  
• Safe Quality Food (SQF)  
• USDA Organic Certification  
• Kosher Certification  
• International Food Standard (IFS)  
• European Food Safety Authority (EFSA)  
• China Food and Drug Administration (CFDA)  
• Global Good Agricultural Practices (GAP)  
• U.S. Food and Drug Administration (FDA)  
• Food Safety System Certification (FSSC) 22000  
• Ministry of Food and Drug Safety (MFDS)  
• U.S. Department of Agriculture (USDA)  
• Halal Certification  
• Free-From’ Certifications
• Other Certification Types
 
Products Covered:
• Organic Food
• Green Food

Applications Covered:
• Infant Food
• Meat, Poultry & Seafood Products
• Deep Processing Food
• Snacks
• Rough Machining Food
• Bakery & Confectionery Products
• Beverages
• Fresh Food
• Dairy Products
• Free-From Foods
• Organic Food
• Ready-to-Eat Food
• Other Applications 
 
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand     
o South Korea      
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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