About Food Certification
The food certification in food safety is quite essential which is going to solve out the major issue throughout the entire supply chain within the food industry. The food certification market is directly related to the growth of import and export in food and beverages industry. The food certification is beneficial in rising inclination of consumers to convenience food products and availability of contaminated foods. It has been observed that government of various countries have made food certification mandate in order to cope with the rising food- borne diseases among population. The certification companies are adding more certification in food & beverages industries in Asia-Pacific countries as these countries are focused on organic and natural food and beverage products.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 5.3% |
Competition among existing players is due to the Food Certification market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Food Certification. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Food Certification market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DEKRA SE (Germany), DNV GL (Norway), Intertek Group Plc (United Kingdom), SGS SA (Switzerland), TÜV SÜD (Germany), Register (United Kingdom), Eurofins Scientific (Luxembourg), Kiwa Sverige (Sweden), ALS Limited (Australia), UL LLC (United States) and Bureau Veritas S.A. (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Asurequality Ltd. (New Zealand), BSI Group India Pvt. Ltd. (India), Underwriters Laboratories Inc (United States) and TQ Cert Services Private(India).
Segmentation Overview
AMA Research has segmented the market of Global Food Certification market by Type (ISO 22000, BRC, SQF, IFS, Halal, Kosher and Free-From Certification), Application (Meat, Poultry, Seafood, Dairy, Infant Food and Bakery & Confectionery) and Region.
On the basis of geography, the market of Food Certification has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Risk Category, the sub-segment i.e. High-risk foods will boost the Food Certification market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Value Oriented Consumers. and Collaboration and Tie Up Of Leading Players
Market Growth Drivers:
Increase in Customer Awareness Regarding Certified Food Products., Rise in Demand for Processed Meat Product Certification. and Increase in International Food Trade.
Challenges:
Increasing Incidence rate of False Certification and Labeling. and Lack of awareness about Food Certification in Small Scaled Industries.
Restraints:
Lack of Food Control Infrastructure in Developing Countries. and Stringent Harmonization in Food Certification Standards.
Opportunities:
Rise in Demand of Small & Medium Scale Industries. and Increase in Demand of Mandatory Food Safety Management in Food Processed Industries.
Market Leaders and their expansionary development strategies
In March 2017, Bureau Veritas acquired Schutter Group. This acquisition is beneficial in providing testing, certification, inspection and logistics support services. It also helps in growth of population, globalization of the food supply chain and consumer awareness for quality.
In November 2018, The Plant Based Foods Association (PBFA) launched a new certificate plant based program which focuses on plant based alternatives to animal based foods, criteria required for certified plant based food claim. This certificate helps in seal next step for the fast growing and innovative plant based food industry.
According to Global Food Safety Initiative (GFSI) it’s denoted that the standard ensure independence, common understanding and credibility among the various food safety standards aimed at improving food safety, legal compliance, quality and facilitating trade”.
Key Target Audience
Food Certifications Manufacturers, Food Certifications Traders, End-Use Market Participants of Different Segments of Food Certifications, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.