Food Certification Market is Expected to Reach USD 16.09 bn by 2021, Expanding at a CAGR of 5.3% from 2015 to 2021

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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Rising Cases of Food Contamination to Fuel Demand for Adequate Food
Certification, Reports TMR
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Food Certification Market
REPORT DESCRIPTION
The demand for food certification is increasing in response to the rising prevalence of food-borne diseases.
The recent instances of food contamination reported across emerging economies have compelled
governments to mandate food certifications. Currently, International Organization for Standardization (ISO
22000), Safe Quality Food Certification, International Food Standard, British Consortium Standard, Halal
Certification, and Kosher Certification are the most popular certifications in the international market, states
Transparency Market Research (TMR). The demand for these certifications is expected to increase in the
forthcoming years as food trade across developing nations rises.
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Besides this, the changing consumption pattern and the subsequent demand for convenience food will fuel
the demand for food certifications. However, the high cost of a majority of these certifications will inhibit
their proliferation in small businesses. Nevertheless, TMR expects the market to report a CAGR of 5.3%
between 2015 and 2021.
The global food certification market stood at US$11.25 bn in 2014 and is expected to reach US$16.09 bn
by the end of 2021.
Rising Awareness about Food Contamination to Fuel Demand for Food Certifications
Based on application, poultry products and processed meat, organic food, dairy products, infant food
products, beverages, and others packaged food segment (comprising bakery products) constitute the key
segments in the global food certification market. Of these, the others packaged food segment held the
dominant share of 23.4% in the market in 2014. Increasing brand consciousness among consumers and
the rising awareness about food hazards are the key factors fuelling the demand for food certification in
this segment.
The market is also expected to witness increased demand from the processed meat and poultry and dairy
products segments. However, TMR projects that their market share will decline over the course of the
forecast period.
In the forthcoming years, food certification in the beverage segment is expected to increase considerably.
Beverages include both carbonated and non-carbonated drinks. Certified manufacturers of beverages
provide quality assurance, which is the key factor fuelling the demand for food certification in this
segment.
Changing Consumption Patterns to Boost Demand for Food Certification in Europe
Regionally, Europe led the global food certification market in 2014, followed by North America. Consumers
in the region exhibit high consciousness about the food they eat. This, combined with the rising standards
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Food Certification Market
of living, is fuelling the demand for food certification in Europe. Furthermore, the region is witnessing a
growing inclination of consumers towards healthy food products, which is expected to give significant
impetus to the regional market. Germany, France, and the U.K. are currently demonstrating the most
lucrative opportunities in the market. According to TMR, the Europe food certification market is expected to
reach US$5.77 bn by the end of 2021.
North America is also a significant market for food certification. However, TMR expects Asia Pacific to
report the fastest growth during the course of the forecast period. The rising standards of living and recent
incidences of food contamination across emerging economies will fuel the demand for food certification in
Asia Pacific. The prevalence of food-borne diseases has significantly increased in Asia Pacific and such
concerns will also drive the need for food certification in the region.
Some of the players operating in the food certification market are ALS Limited, Underwriters Laboratories
Inc., Dekra SE, Bureau Veritas, SGS SA, AsureQuality Limited, Lloyd's Register Group Limited, Intertek
Group plc., TÜV SÜD AG, and DNV GL Group AS.
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
Chapter 3 Global Food Certification Market Overview
3.1 Introduction
3.1.1 Specific concerns about food hazards
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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
4.5.1 Benefits of BRC Certification
4.6 Kosher Certification
4.6.1 Process of Kosher Certification
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Food Certification Market
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
5.7 Others Packaged Food
Chapter 6 Global Food Certification Market - Regional Analysis
6.1 Market Overview
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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
6.5.2 Middle East
6.5.3 Africa
Chapter 7 Company Profiles
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Food Certification Market
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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TMR expects the market to report a CAGR of 5.3% between 2015 and 2021. The global food certification market stood at US$11.25 bn in 2014 and is expected to reach US$16.09 bn by the end of 2021. Interpret a Competitive outlook Analysis Report with free PDF Brochure:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6331