Food Certification Market is expected to gain market growth in the forecast period of 2022 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.5% in the forecast period of 2022 to 2028 and is expected to reach USD 12,074.57 Million by 2028. A detailed survey of upstream raw materials, recent industry dynamics, and downstream demand are also covered in the Food Certification Market report. The report gives details about the top players and brands that are driving the market. Also, Food Certification Market research report gives an in-depth knowledge on what the recent developments, products launches are while also keeping the track for recent acquisitions, mergers, joint ventures and competitive research in the global market industry. The report also provides the knowledge of all the drivers and restraints which are derived through SWOT analysis.
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One of the key factors supplementing the food certification market growth includes growing concerns regarding food safety by governments and food companies around the globe. Since the WHO considers the promotion of good health by making sufficient amounts of safe and nutritious food to the people. As per the organization, more than 200 diseases can be caused by unsafe food containing harmful bacteria, viruses, parasites, or chemical substances. Global standards are developed, adopted, and identified in several ways. For instance, they are contributing to market growth and even incorporating the protection of the environment, consumer health, and public safety of workers. Moreover, this Food Certification Market report provides strategic profiling of top players in the industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. It also represents a brief summary of sales, revenue share, demand/supply data, and market growth analysis during the predicted period. The recently organized research of this report suggests that the global market is widely responsible to provide significant information on the market status and desirable businesses with respect to each manufacturer. Food Certification Market analysis report estimates the market development trends across the different regions of the world.
Drivers:
- Trade Restrictions Due to Food Contamination in Europe
- High Consumption of High-Risk Food Products
- Surge in Global Food Trade
- Stringent Industry Standards and Certification Requirements
- Growing Consumer Demand for Food Transparency and Credibility
Restraints:
- Limited Infrastructure and Funding for Food Safety in Developing Countries
- Lack of Standardized Food Certification Guidelines
Opportunities:
- Rise of Domestic Foodservice and Retail Chains
- Increased Budget Allocation for Food Safety
- Adoption of Halal, Organic, and 'Free-From' Certifications
- Outsourcing Certification to Third Parties
- Focus on Food Safety Management in Processing Industry
- Emerging Markets in Asia, Africa, and Developing Countries
Challenges:
- Instances of False Labeling and Certifications
- Lack of Resources and Awareness Among Small-Scale Manufacturers
Highlight of Table of Content:
· Chapter 1: Market overview
· Chapter 2: Global Food Certification Market analysis
· Chapter 3: Regional analysis of the Global Food Certification Market
· Chapter 4: Market segmentation based on types and applications
· Chapter 5: Revenue analysis based on types and applications
· Chapter 6: Market share
· Chapter 7: Competitive Landscape
· Chapter 8: Drivers, Restraints, Challenges, and Opportunities
· Chapter 9: Gross Margin and Price Analysis
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The major companies which are dealing in the Food Certification are GFSI, UL LLC, SCS Global Services, Lloyd's Register Group Services Limited, Eagle Certification Group, GROUPE ECOCERT, NSF International, BRCGS, Bureau Veritas, SGS SA, Intertek Group Plc, TÜV NORD GROUP, DNV GL, DEKRA, Mérieux NutriSciences, Eurofins Scientific, ALS Limited, AsureQuality, Control Union Certifications Germany gmbh , FoodChain ID Group Inc, Kiwa among other domestic players
Profound Questions Answered in this Report:
· What is the growth rate of various stages in the value chain of the industry?
· Which region has the highest growth rate and size of the emerging market by value in 2022?
· Who are the competitive players in Global Food Certification Market?
· Which region has the largest share and degree of competition in the industry?
· What is the CAGR of the market during the forecast period 2022 to 2028?
· Which region is expected to hold the highest market share for the market?
· What is the main driver of the Global Food Certification Market?
· What is sales volume, revenue, and price analysis of top players of the market?
· What are the market opportunities and threats faced by the vendors in the industry?
· What has been the impact of COVID-19 on the Global Food Certification Market?
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