Food Certification Market to Reach US$16.0 bn by 2021 due to Rising Consumer Awareness about Consuming Healthy Food Products

Transparency Market
Research
Food Certification Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2015 - 2021
Published Date
08-09-2015
95 Page Report
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Global Food Certification Market Propelled by Increasing Consumer
Awareness about Health Certification; Market to Reach US$16.0 bn by
2021
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Food Certification Market
REPORT DESCRIPTION
With concerns surrounding the authenticity, quality, and safety of food products skyrocketing amid the
rising number of food scandals across the globe, the food certification sector is becoming an important
stakeholder of the food and beverages industry. The food industry is highly vulnerable to negligent
practices in any stage of food chain, right from farming practices to processing and consumption.
Consumers are becoming increasingly aware about food safety, thanks to the rising number of high profile
food recalls and frequent media coverage of major food scandals. Thus food products that adhere to
national and international safety standards are witnessing more demand across the globe. Subsequently,
food safety certifications are becoming a common requirement for operating in the food and beverages
industry. Businesses that become certified to reliable food safety schemes are gaining competitive
advantage in the marketplace and the ones failing to do so are losing massively on overall gains – in terms
of revenues as well as negative publicity.
The global market for food certification was valued at more than US$11 bn in 2014 and is projected to
exhibit a healthy 5.3% CAGR through 2015-2021, according to a recent market research report published
by Transparency Market Research.
In this blog post, Transparency Market Research analysts uncover some of the core facts and trending
aspects of the global market for food certification,
How certifications add value to a brand’s image?
Food certifications convey to consumers and other key stakeholders the fact that a food business meets
the set of standards recognized as best practices nationally or internationally. A certification also signifies
corporate responsibility and good governance and is invaluable to any business operating in the food and
beverages industry.
A food certification is essentially a third-party confirmation that food products, systems, and the processes
involved in the overall food supply chain have adhered to consistent policies. In most countries, the
government plays a central role in recommending food standards, conducting regular inspections, and
ensuring that standards are met.
Every certification imply different aspects of food safety and food quality. Some ensure that the products
are safe for consumption, some analyze the qualitative aspect of the product, while others may ascertain
that practices in the food chain addressed a set of environmental, social and economic sustainability
policies.
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Food Certification Market
If food certifications are so integral to maintaining a food brand’s public image, why don’t all
food producers get certified?
Certifications do not come cheap. Companies who wish their products to have a certification logo such as
Halal or Organic, for instance, need to shell out substantial funds for inspections and on the official process
to getting certified, which is why many companies may shy away from getting certified.
Consider the case of getting certified as ‘organic’ in the U.S. The U.S. Department of Agriculture (USDA)
estimates that the U.S. market for organic foods has a valuation of nearly US$40 bn. Even as organic foods
cost more than conventional foods, they are witnessing increased demand as they are not made from
genetically modified seeds or are grown devoid the use of pesticides. There are nearly 2 million farms in
the country, out of which only about 14,000-15,000 are certified organic. Despite being exhibiting high
growth potential market, not all farms in the country opt for the organic certification.
The reluctance of farms is mainly because the process of acquiring organic certification involves a lot of
hassle, not to mention lower returns as compared to the funds invested, at least for some time. For
granting a farm the organic certificate, the USDA requires that the farm spend three years in transition.
During the transition period, the farm has to adhere strictly to organic practices but cannot send the
produces under the title of ‘organic’ before the period of probation is over. As conventional food sells for
less as compared to organic food, it is obvious that the farmer is spending a lot more to grow that will be
sold for less.
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.2.1 Global food certification market segmentation, by type and application
1.3 Research Scope
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Global Food Certification Market Snapshot
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Chapter 3 Global Food Certification Market Overview
3.1 Introduction
3.1.1 Specific concerns about food hazards
3.1.2 Food supply chain
3.1.3 Management system of food safety
3.1.4 List of food contamination incidents
3.2 Key Trend Analysis
3.3 Regional Market Drivers
3.3.1 North America
3.3.2 Europe
3.3.3 Asia Pacific
3.3.4 Rest of the World (RoW)
Chapter 4 Global Food Certification Market Revenue, by Type, 2014 – 2021
4.1 Overview
4.2 International Organization for Standardization (ISO 22000)
4.2.1 Advantages of ISO 22000 Certificates
4.2.2 Process of Obtaining ISO 22000 Certification
4.3 International Food Standard (IFS)
4.3.1 Benefits of International Food Standard Certification
4.4 Safe Quality Food (SQF)
4.5 British Retail Consortium (BRC) standard
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4.5.1 Benefits of BRC Certification
4.6 Kosher Certification
4.6.1 Process of Kosher Certification
4.7 Halal Certification
4.7.1 Guidelines for halal foods
4.8 Food Safety and Standards Authority of India (FSSAI)
4.9 China Food and Drug Administration (CFDA)
4.10 U.S. Department of Agriculture (USDA)
4.11 U.S. Food and Drug Administration (FDA)
4.12 European Food Safety Authority (EFSA)
4.13 Ministry of Food and Drug Safety (MFDS)
4.14 Others
Chapter 5 Global Food Certification Market Revenue, By Application, 2014-2021
5.1 Overview
5.1.1 Revenue, 2014-2021 (In USD Billion)
5.1.2 Market Share, 2014 Vs 2021 (%)
5.2 Processed Meat and Poultry Products
5.3 Dairy Products
5.4 Infant Food Products
5.5 Organic Food
5.6 Beverages
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Food Certification Market
5.7 Others Packaged Food
Chapter 6 Global Food Certification Market - Regional Analysis
6.1 Market Overview
6.1.1 Revenue, 2014-2021 (In USD Billion)
6.1.2 Market Share, 2014 Vs 2021 (%)
6.2 North America
6.2.1 U.S.
6.2.2 Canada
6.2.3 Mexico
6.3 Europe
6.3.1 U.K.
6.3.2 Germany
6.3.3 France
6.3.4 Rest of Europe
6.4 Asia Pacific
6.4.1 China
6.4.2 India
6.4.3 Japan
6.4.4 Rest of Asia Pacific
6.5 Rest of the World (RoW)
6.5.1 Latin America
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Food Certification Market
6.5.2 Middle East
6.5.3 Africa
Chapter 7 Company Profiles
7.1 Dekra SE
7.2 Bureau Veritas
7.3 AsureQuality Limited
7.4 Underwriters Laboratories Inc
7.5 SGS SA
7.6 Intertek Group plc
7.7 Lloyd's Register Group Limited
7.8 TÜV SÜD AG
7.9 DNV GL Group AS
7.10 ALS Limited
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Food Certification Market
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With concerns surrounding the authenticity, quality, and safety of food products skyrocketing amid the rising number of food scandals across the globe, the food certification sector is becoming an important stakeholder of the food and beverages industry. The food industry is highly vulnerable to negligent practices in any stage of food chain, right from farming practices to processing and consumption. Browse Full Report with TOC:http://www.transparencymarketresearch.com/food-certification-market.html