Global Food Certification Market to Reach $7.4 Billion by 2028, Fueled by Escalating Food Safety Concerns
Global Food Certification Market
Dublin, Aug. 31, 2023 (GLOBE NEWSWIRE) — The “Food Certification Market by Type (Iso 22000, Brc, Sqf, Ifs, Halal, Kosher, Free-Form Certifications), Application(Meat, Poultry, and Seafood, Dairy, Infant Food, Beverages, Bakery & Confectionery), Risk Category and Region – Global Forecast to 2028” report has been added to ResearchAndMarkets.com’s offering.
The global food certification market, valued at USD 5.6 billion in 2023, is on an upward trajectory, projected to hit USD 7.4 billion by 2028, boasting a Compound Annual Growth Rate (CAGR) of 5.7%. This growth is attributed to the rising demand for food certifications fueled by the escalating instances of foodborne illnesses worldwide.
In today’s interconnected world, where food traverses multiple borders, ensuring food safety and quality has become paramount. Food certification emerges as a critical tool to validate that food products meet established regulations, mitigating contamination risks, foodborne diseases, and health hazards.
The World Health Organization (WHO) revealed in May 2022 that nearly 600 million individuals, approximately 1 in 10 people globally, fall ill due to contaminated food consumption, causing 420,000 annual deaths. These alarming statistics underscore the essential role food certification plays in safeguarding public health. As consumer awareness grows, demands for stringent food safety measures and certifications rise, shaping the market’s growth trajectory.
- Increase in Foodborne Outbreaks to Drive Growth
- US Holds Largest Market Share in 2023
- Germany Dominates Market in 2023
- ISO 22000 Certification Leads Market in 2023
- High-Risk Food Segment Dominates Market, 2023 vs. 2028
- Meat, Poultry, and Seafood Products Segment Leads Market, 2023 vs. 2028
- 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
- Limited Infrastructure and Funding for Food Safety in Developing Countries
- Lack of Standardized Food Certification Guidelines
- 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
- Instances of False Labeling and Certifications
- Lack of Resources and Awareness Among Small-Scale Manufacturers
North America Takes the Lead:
North America, specifically the United States and Canada, witnesses the highest growth rate. These nations enforce stringent regulatory standards through agencies like the U.S. Food and Drug Administration (FDA) and Canadian Food Inspection Agency (CFIA). Such regulations drive demand for food certification as businesses strive to comply with these standards. Consumer consciousness about food quality and safety bolsters this demand, especially for ‘free-from’ foods.
ISO 22000 Certification: The Global Trendsetter:
ISO 22000 certification is pivotal for food industries, ensuring food safety and quality management systems. Beyond product safety, it fosters a competitive edge, aiding in consumer trust and business partnerships. The certification’s global popularity is testament to its effectiveness in meeting evolving consumer demands.
High-Risk Foods: A Driving Force:
High-risk food products, encompassing perishable and easily contaminated goods, dominate the food certification market. These products undergo rigorous assessments, including hygiene checks, manufacturing processes, and storage conditions, to ensure compliance with quality standards and regulations.
‘Free-From’ Foods: An Upward Trajectory:
‘Free-from’ foods, catering to dietary restrictions and allergies, fuel market growth. The category includes gluten-free, palm-oil-free, GMO-free, lactose-free, organic, and vegan foods. Consumer awareness of health benefits propels demand, driving growth in food certification programs.
Companies Paving the Way:
Leading the charge are industry pioneers including:
- Bureau Veritas
- CDG Certification Limited
- Control Union Certifications
- Eagle Certification Group
- Equalitas Certifications Limited
- Eurofins Scientific
- FoodChain ID Group Inc.
- Intertek Group PLC
- INTL Certification Limited
- MS Certification Services Pvt. Ltd.
- Ocean Management Services
- Safe Food Alliance
- TQ Cert
- TUV SUD
- UL LLC
These companies are at the forefront of ensuring food safety and quality, embodying the market’s commitment to global health.
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- Global Food Certification Market
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