The food certification market has witnessed remarkable growth in the past few years, driven by increasing consumer awareness about food safety and quality, as well as growing demand for organic and sustainably sourced food products. This report provides a comprehensive analysis of the global food certification market, covering its market size, growth prospects, and trends in the forecast period of 2021-2031.
Market Overview
The global food certification market was valued at USD 7.66 Billion in 2024 and is expected to reach USD 12.17 Billion by 2031, growing at a compound annual growth rate (CAGR) of 5.47% during the forecast period. The market is driven by several key factors, including rising consumer awareness about food safety and quality, increasing demand for organic and ethically produced foods, and stringent government regulations.
Key Trends and Drivers
* **Rising consumer awareness about food safety and quality**: Consumers are becoming increasingly concerned about the safety and quality of food products, leading to an increase in demand for food certifications that ensure compliance with strict standards. * **Growing demand for organic and sustainably sourced food products**: Consumers are increasingly preferring organic and sustainably sourced food products, driving the demand for food certifications that verify organic production methods and sustainability practices. * **Stringent government regulations**: Governments are implementing stricter regulations to ensure food safety and quality, leading to an increase in demand for food certifications that comply with these regulations.
Market Segmentation
The global food certification market is segmented into two main types of certifications: safety and quality certification, and dietary and lifestyle certification. The market is also segmented by application, including meat, poultry, and seafood products, dairy products, packaged food products, infant food products, and other applications.
Segment | Market Size (2021H-2031F) | CAGR (%) |
---|---|---|
Safety and Quality Certification | USD 5.44 Billion (2021H-2031F) | 6.13% |
Dietary and Lifestyle Certification | USD 1.63 Billion (2021H-2031F) | 4.72% |
Meat, Poultry, and Seafood Products | USD 2.35 Billion (2021H-2031F) | 6.29% |
Dairy Products | USD 1.45 Billion (2021H-2031F) | 6.15% |
Packaged Food Products | USD 1.63 Billion (2021H-2031F) | 6.38% |
Infant Food Products | USD 0.63 Billion (2021H-2031F) | 6.46% |
Other Applications | USD 1.15 Billion (2021H-2031F) | 6.27% |
Competitive Landscape
The global food certification market is highly competitive, with several major players operating in the market. The market is dominated by a few large players, including Bureau Veritas, Intertek Group Plc, SGS SA, Eurofins Scientific, ALS Ltd, Dekra, AsureQuality, DNV, TUV SUD, and NSF International. The market is expected to continue growing in the forecast period, driven by increasing demand for food certifications that ensure compliance with strict standards and regulations.
Company Profiles
* **Bureau Veritas**: Bureau Veritas is a leading provider of food certifications, with a global presence in over 160 countries. * **Intertek Group Plc**: Intertek Group Plc is a leading provider of food certifications, with a global presence in over 100 countries. * **SGS SA**: SGS SA is a leading provider of food certifications, with a global presence in over 130 countries. For more information about this report, visit https://www.researchandmarkets.com/r/36tw5c
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