Food certification plays an important role in gaining customer trust particularly in terms of food safety and quality parameters because foodborne illness has become a rampant phenomenon. Therefore, this certification has become a key requirement for every organization in order to sustain their presence in an overly competitive market. On the other hand, it also supports improvement and development of robust food safety programs at production facilities and exhibits their commitment to safe food production. At present, the rise in the inclination of consumers towards healthy food products is highlighting the necessity of food certification. Hence, the global food certification market size stood at $8 billion in 2018 and is projected to grow at a healthy CAGR of 6.5% throughout the forecast period 2019-2025.
Growing number of health-conscious people and their awareness related to the consumption of certified food products along with the rise in demand for processed meat products is increasing the necessity of food certification, globally. An increase in the widespread of foodborne illnesses are leading for an increment in the number of stringent food safety regulations. These all above-mentioned factors are boosting up the demand for food certification and it is also having a positive impact on the natural food safety market.
Food Certification Market: Leading Segments
ISO 22000, FSSC 22000, BRC Global Standard for Food Safety, IFS (International Featured Standards), GLOBAL GAP, HALAL, KOSHER, and NO GMO are the majorly used certification standards. Certification standards are designed in accordance with the precise measures involvement in the food safety, quality, manufacturing, packaging, packaging materials, storage, and distribution. Therefore, the food certification is highly adopted by the food manufacturers to build in customer loyalty and brand share in the food certification market. Food manufacturers are acting as the major growth drivers of the food certification market. This is because, they need it more for enhancement of product brand value, company image and also to implement industry regulations. Certification is offered by several food authorities and private organizations which involves testing of products to certify quality and safety. The government initiatives and certifications from research & development (R&D) institutions, the European Food Safety Authority (EFSA), the US Department of Agriculture (USDA), the Food and Drug Administration (FDA), the Food Standard Agency (FSA), the Food Safety and Standards Authority of India (FSSAI), and government agencies are contributing for an increment in the food certification market revenue. Veterinary certificate has become as a mandate for meat products and processed meat products to enter into Europe. This certification avoids transmission of infectious diseases among livestock and humans. Therefore, processed meat & poultry products have been recognized as the fastest growing application segment in the global food certification market, which is estimated to grow at a CAGR of 6% during the forecast period.
Food Certification Market: Disruptive Trends
- Farm-to-fork food safety and quality certification is being increasingly adopted by food producers. Such certifications guarantee customers that the products have been grown, processed, prepared and handled in alignment with global food safety standards.
- There is a rise in number of food-borne illnesses, these illnesses have influenced the public health. Therefore, the demand for food safety is increasing in many developed nations. Ultimately, food certification assures consumers about the safety of food.
- Increased pressure on food manufacturers by health, food regulatory bodies and consumer groups has heightened demand for certification services. Additionally, food certification reinforces a company’s competitiveness in the current food industry by increasing consumer base.
Food Certification Market: Competitive Landscape
Some of the major food certification market players are listed as DEKRA SE, ALS Limited, Underwriters Laboratories Inc., Lloyds Register, Bureau Veritas, Kiwa Sverige, SGS SA, Intertek Group Plc, and Eurofins Scientific.