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Food Certification Market is Booming Worldwide| Intertek Group Plc., Lloyd's Register Group Limited, SGS SA

12-26-2023 07:56 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Food Certification Market is Booming Worldwide| Intertek Group

Food certification is the process of verifying that food products meet certain standards. This can include safety, quality, and sustainability standards. Certification can be done by government agencies, private companies, or third-party organizations. The process usually includes an inspection of the food production facility, testing of food samples, and review of documentation.

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Key Trends

The key trends in food certification technology are:

Increased accuracy and reliability of food testing: Food certification testing has become more accurate and reliable in recent years, thanks to advances in technology. This has led to more companies requiring certification, as it provides a higher level of assurance that their products meet safety standards.
Faster turnaround times: With improved testing methods, food certification labs are able to provide results faster than ever before. This is important for companies who need to get their products to market quickly.

Lower costs: As testing methods have become more efficient, the costs of food certification have decreased. This is good news for companies who are looking to get their products certified without breaking the bank.

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Greater transparency: The food certification process is now more transparent than ever before, thanks to advances in technology. This means that companies can be sure that their products are being tested fairly and accurately.
Key Drivers

There are several key drivers of the food certification market.

First, there is an increasing consumer demand for food that is certified as safe and nutritious. This is driven by concerns about the safety of the food supply and the increasing prevalence of chronic diseases such as obesity and diabetes.

Second, there is an increasing number of food companies that are seeking to gain a competitive advantage by obtaining food certification. This is driven by the fact that food certification can provide a number of benefits, including improved product quality, increased customer confidence, and access to new markets.

Finally, there is an increasing number of government regulations that require food companies to obtain food certification. This is driven by the fact that food safety is a critical concern for governments and the certification of food companies can help to ensure that the food supply is safe.

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Market Segments

The Food Certification Market is segmented by type, application type, and region. By type, the market is divided into BRC food, IFS food, ISO 22000, and others. Based on application type, it is bifurcated into bakery & confectionery, dairy products, processed & packaged food, infant food, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Food Certification Market includes players such as AsureQuality Limited, Bureau Veritas, DEKRA SE, DNV GL, Eurofins Scientific, Intertek Group Plc., Lloyd's Register Group Limited, SGS SA, TÜV SÜD, and Underwriters Laboratories Inc.

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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