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. 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.
Adulteration of foods and beverages, health consciousness, and increased consumption of organic productsare some of the key factors influencing the market.
This comprehensive analysis of the fastest-growing Food Certification market provides insights that will help stakeholders identify both opportunities and challenges. The 2020 market could see another significant year for Food Certification. This report provides insights into the company’s activities and financial status (company profiles are needed if you are looking to raise capital or win investors), recent developments (Mergers and Acquisitions), and the most up-to-date SWOT analysis.
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Key Highlights of Report
- 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 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 ISO 22000 certification focuses on securing and maintaining a supply chain. It has principles of integrated management systems and it is formulated as per the HACCP principles of the Codex Alimentarius and other essential standards in the ISO management systems. This certification helps control the risks in the food industry. ISO 22000 specifies that all the probable hazards expected to happen in a food chain should be identified and assessed. Therefore, it provides means to determine and document why a specific organization needs to control certain types of identified threats..
The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others.
Prominent Players Analyzed in the Report:
Lloyd’s Register, DEKRA, Intertek, International Certification Ltd, Asure Quality, Bureau Veritas, DNV, Eurofins, TQ Cert, and TUV SUD.
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Furthermore, the report divides the Food Certification market into key segments and sub-segments to offer an analysis of the product type and application spectrum of the industry. It also offers predictions about the segments expected to show significant growth during the projected timeline.
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
- Seafood
- Beverages
- Infant Foods
- Others
Type Outlook (Revenue: USD Billion; 2017–2027)
- ISO 22000
- Halal
- Kosher
- SQF
- FSSAI
- BRC
- Others
Risk Outlook (Revenue: USD Billion; 2017–2027)
- High Risk
- Low Risk
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The study delivers real answers for questions about market segmentation by types, region and application to power the overall market research for the forecast period. Subject matter experts behind the market analysis have collaborated with some of the highly acclaimed business owners to track records and estimate what is happening in areas such as technology innovation, production volume, end-use and product pricing. Research analysts have further remodeled their approach to present a report uniquely positioned to offer unmatched information on prominent manufactures, new entrants, exiting white spaces, acquisitions and mergers, collaborations and product launches.
Reasons to Buy This Food Certification Market Report:
> Mergers and acquisitions should be well-planned by identifying the best manufacturer.
> Sort new clients or possible partners into the demographic you’re looking for.
> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.
> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.
> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.
> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.
> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors.
How will the Food Certification Market, 2020 to 2027 report help you?
In summary, our 250-page report provides you with the following knowledge:
- Revenue forecasts to 2027 for Food Certification Market, 2020 to 2027 Market, with forecasts for include report segmentation and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2027 for four regional and 20 key national markets – See forecasts for the Food Certification Market, 2020 to 2027 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Food Certification Market, 2020 to 2027.
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