The researchers have considered all the factors influencing the growth of the food certification market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Food Certification market. However, organizational concerns regarding data security is a key factor expected to hamper growth of the global Food Certification market over the forecast period. on the market.
The Food Certification market is forecasted to grow significantly, owing to the growing demand for wearable medical appliances for the constant monitoring health condition of patients. The technological development in Food Certification to diminish vision difficulties in humans and the increasing rate of geriatric people also propels market growth. Change in consumers' consumption habits, preference for organic foods, rise in the living standards, and consumer's requirement for quality products are some of the vital factors driving the market. Formulation of strict regulations regarding food safety has acted as a river of the market.
Besides, the increasing rate of eye-related problems among the aged population is propelling the market. The extreme competition among leading players and the high cost of smart contact lenses hinder market growth.
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Key Players operating in the industry are:
- In September 2020, Intertek and a few other organizations started a new partnership to launch a brand-new shared audit program collectively. This program would lend a helping hand to create a safe food supply chain with its audit, which would help in certification.
- In March 2019, DNV established an AI (Artificial Intelligence) research center to offer better and accurate solutions to enhance food surveys, inspection, and audit in Shanghai, China
- The ISO 22000 certification focuses on securing and maintaining a supply chain. It has principles of integrated management systems and it is formulated as per the HACCP principles of the Codex Alimentarius and other essential standards in the ISO management systems. This certification helps control the risks in the food industry. ISO 22000 specifies that all the probable hazards expected to happen in a food chain should be identified and assessed. Therefore, it provides means to determine and document why a specific organization needs to control certain types of identified threats..
- In the North America region, the regulatory bodies, via audits, follow-ups, and surveys, make sure that companies operating in the alcohol production sector must mandatorily follow the food management processes, rules, and regulations. The U.S. FDA's strict guidelines and regulations make the manufacturer or producer follow them obligatorily.
Key Players operating in the industry are:
Lloyd's Register, DEKRA, Intertek, International Certification Ltd, Asure Quality, Bureau Veritas, DNV, Eurofins, TQ Cert, and TUV SUD.
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Food Certification Market segmentation:
For this report, Emergen Research has segmented the global food certification market based on application, type, risk, and region:
Application Outlook (Revenue: USD Billion; 2017–2027)
- Processed Meat Poultry
- Organic Food
- Dairy Products
- Seafood
- Beverages
- Infant Foods
- Others
Type Outlook (Revenue: USD Billion; 2017–2027)
- ISO 22000
- Halal
- Kosher
- SQF
- FSSAI
- BRC
- Others
Regional Analysis Covers:
The Global Food Certification Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Food Certification market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The all-inclusive report on the Global Food Certification Market added by Emergen Research demonstrates that the global Food Certification market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Food Certification market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market.
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