Food Certification Market Is Expected To Reach US$ 19.5 Bn By 2024: Credence Research


Posted March 11, 2019 by johnsonpaul

Global Food Certification Market Size, Share, Growth, Trends, Strategies, Analysis and Forecast 2016 to 2024

 
The latest market report published by Credence Research, Inc. “Food Certification Market, By Application - Growth, Future Prospects and Competitive Analysis, 2016 – 2024,” the global food certification was valued at US$ 11.8 Bn in 2015, and is expected to each US$ 19.5 Bn by 2024, expanding at a CAGR of 5.8% from 2016 to 2024.

Browse the full Food Certification Market - Growth, Future Prospects and Competitive Analysis, 2016 – 2024 report at https://www.credenceresearch.com/report/food-certification-market

Market Insights

Governments of various countries have mandated food certification in order to curb rising food-borne diseases among population worldwide. Some of the popular certifications include Kosher Certification, International Food Standard, Safe Quality Food Certification, International Organization for Standardization (ISO 22000) and Organic Certification. Owing to increasing demand for natural and organic food products among consumers, Kosher Certification and Organic Certification are expected to gain significant adoption among food and beverage manufacturers. This is further attributed increased demand for organic and natural food and beverage products among consumers supported with increased inclination among manufacturers to obtain halal or organic certification for the existing as well as new products developed by the manufacturer.

Download Free Sample Request: https://www.credenceresearch.com/sample-request/58318

Food certification market is driven by factors such as increasing inclination of consumers to convenience food products, rising concerns regarding safe and healthy food products, increasing availability of contaminated food products, demand for fresh fruits and vegetables, meat and poultry products, changing food patterns among consumers and stringent standards for quality maintenance. However, due to complex certification process, which results in more execution time for obtaining the certification hampers the market growth.

In 2015, Europe dominated the market in terms of revenue share, followed by North America and Asia Pacific. North America accounted for around 30% of the overall food certification market. Asia Pacific is further expected to record highest CAGR over the forecast period. Some of the factors fuelling the food certification market growth in the region especially China and India include demand for safe and healthy food, growing food and beverages industry, increasing consumer awareness regarding health benefits and rising consumption of organic food products.

Since, the food and beverages industry is witnessing huge import and export, achieving particular county’s or region specific certification might take long and thus, hinder food certification market growth in the near future. However, food certification authorities have eased the certification processes and approvals in many countries. Also, certification authorities are continuously engaged in development of efficient and advanced food certification technologies to sustain the competitiveness in the overall food certification market. Some of the prominent authorities identified in the food certification market include ALS Limited, Asurequality Ltd., Bureau Veritas S.A., Dekra SE, DNV GL, Intertek Group PLC., Lloyd’s Register, SGS SA, TUV SUD AG and UL LLC.

Inquiry before Buying for this reports: https://www.credenceresearch.com/inquiry-before-buying/58318

Table of Content

Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
Executive Summary
2.1. Global Food Certification Market Snapshot
2.1.1. Global Food Certification Market by Type,2015
2.1.2. Global Food Certification Market by Application,2015
2.1.3. Global Food Certification Market by Geography,2015
Global Food Certification Market Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Future Prospects
Global Food Certification Market Size (US$), By Type, 2013 – 2024 
4.1. Overview
4.1.1. Market Share Analysis, by Type, 2015 vs. 2024
4.2. International Organization for Standardization (ISO 22000)
4.3. International Food Standard (IFS)
4.4. British Retail Consortium Standard (BRC)
4.5. Safe Quality Food (SQF)
4.6. Food Safety and Standards Authority of India (FSSAI)
4.7. U.S. Department of Agriculture (USDA)
4.8. Ministry of Food and Drug Safety (MFDS)
4.9. European Food Safety Authority (EFSA)
4.10. Kosher Certification
4.11. Halal Certification
4.12. Others
Global Food Certification Market Size (US$), By Application, 2013 – 2024 
5.1. Overview
5.1.1. Market Share Analysis, by Application, 2015 vs. 2024
5.2. Processed Meat & Poultry
5.3. Bakery Products
5.4. Ready to Eat Food Products
5.5. Infant Food
5.6. Dairy Products
5.7. Beverages
5.8. Seafood
5.9. Fruits and Vegetables
5.10. Organic Food Products
5.11. Packaging Materials
5.12. Others
Download Request Free Customization: https://www.credenceresearch.com/request-for-customization/58318

About Us

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.

Media Contact

Name: Chris Smith

Address: 105 N 1st ST #429,

SAN JOSE, CA 95103 US

E-mail: [email protected]

Ph.: 1-800-361-8290

Website: http://www.credenceresearch.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Chris Smith
Phone 8003618290
Business Address 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
CA 95103, United States
Country United States
Categories Business
Tags food certification market
Last Updated March 11, 2019