Food & Beverage Market Research News

Food certification market set to grow according to forecasts

The appropriate food and safety certificate is awarded by different food experts and private associations which test the items for quality and security.

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According to the market research report “Food Certification Market: By Certification Type (ISO 22000, SQF, BRC, IFS, USDA Organic, Halal, Kosher); By Food Type (Processed Meat & Poultry, Organic Food, Infant Food, Dairy Products, Beverages, Seafood) and By Geography – Forecast (2016-2021)”, published by IndustryARC, estimates that the Asia-Pacific region will register the highest amount of growth during the forecast period.

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The Food Certification Market deals with the appropriate certification of food products with the aim of raising their allure, brand value and to help them align the latest industry regulations. A food safety certificate has turned out to be vital in many advanced countries due to the expanding worry on diseases originating from food and their effect on the health of the society and economy.

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Expanded regulations placed on producers by food management authorities has activated greater interest for food safety training programs as well as official food safety course certification. Additionally, meeting or surpassing safety norms serves to enhance a company’s brand image and build trust with the consumers.

Scope & Regional Forecast of the Food Certification Market

Expanding consumption of branded products and rising awareness about the significance of food certification are the central points fuelling development of the Food Certification Market. Processed meat and poultry as well as dairy items are anticipated to transform into standout products.

Drinks are expected to develop into a critical application during the forecast period. Quality accreditation on carbonated beverages serves to build trust and a feeling of security among customers.

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Geographically, Europe holds the highest share in the Food Certification Market followed by North America. High amount of action and thinking among customers about the nature of the products consumed by them combined with the rising expectations for everyday comforts are driving the growth in Europe.

Asia Pacific is predicted to register the quickest development during the forecast period. The rising awareness about the significance of food safety among the urban populace and the expanding buying power for branded or high-end products is driving the development of the Food Certification Market in the region.

The recent events of tainted food has led to fatalities in extensive numbers and forced the public to be more alert with regards to the type of food they consume on a daily basis.

Segmentations & Key Players Involved in the Food Certification Market

The Food Certification Market can be broken down into various segmentations on the basis of - 

  • Certification Type: ISO 22000, SQF, BRC, IFS, Organic Certification, Halal, Kosher and Others.
  • Food Type: Meat & Poultry, Infant Food, Dairy Products, Snacks, Beverages, Bakery and Confectionery, Seafood and Others.
  • Geography: Americas, Europe, Asia-Pacific and Rest of the World.

Some of the key players involved in the Food Certification Market are as follows:

  • DNV GL (Norway)
  • Intertek Group PLC (U.K.)
  • Lloyd’s Register (U.K.)
  • SGS SA (Switzerland)
  • TUV SUD AG (Germany)

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Benefits of having this report

* The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.

* Identifies growth sectors and factors driving or constraining the market.

* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.

* The study includes the demand of this particular market on a global and regional scale for a five year period of 2016 - 2021, to assess how the market will develop.

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IndustryARCIndustryARC
Category: Market Research Publishers and RetailersCompany profile: IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in ...