The food certification market is projected to reach value of USD 6.90 billion by 2027, according to a recent analysis by Emergen Research.The today's report, Food Certification market permits stakeholders to advantage insights into their capacity customers to construct extra powerful advertising and marketing techniques for the forecast period, 2021 to 2027. Most importantly, the report empowers business owners to seek information about potential customers and in which they could discover them. With an different coverage of the top vendors, the study permits business owners to recognize more about the local market and find capacity customers.
The global food certification market is expected to remain in a competitive and highly fragmented landscape during the forecast period, consisting of a large number of small start-ups, medium enterprises, and large conglomerates. During the forecast period, increasing demand for technological advancements and high diversification in offered products are likely to offer high growth potential to new market players.
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Further key findings from the report suggest
- 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..
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Report Objective:
The report offers a complete analysis of the global Food Certification market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. Lloyd's Register, DEKRA, Intertek, International Certification Ltd, Asure Quality, Bureau Veritas, DNV, Eurofins, TQ Cert, and TUV SUD. and others are some of the top companies profiled in the report.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
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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
Risk Outlook (Revenue: USD Billion; 2017–2027)
- High Risk
- Low Risk
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report addresses the following key points:
- The report provides a forecast of market drivers, restraints, and future opportunities for the Food Certification market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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