Food Certification Market Expansion Fueled by Rising Consumer Awareness and Regulatory Requirements

"Food Certificate Market" in terms of revenue was estimated to be worth 5.9 billion in 2024 and is poised to reach 10.2 billion by the year 2034, growing at a CAGR of 5.7% from 2024 to 2031, according to a new report by InsightAce Analytic.

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Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global food certificate market are:
• Developed stringent standards for the quality and safety of food
• An increase in cases of food poisoning
• Expanded as increasing in importance, people learned about certified food items
• Rise in the number of people around the world

The following are the primary obstacles to the food certificate market's expansion:
• Lack of Knowledge
• Worker shortages and inadequate infrastructure
• High cost of food Certificate Process

Future expansion opportunities for the global food certificate market include:
• Expanding global trade and more stringent regulations on food safety
• The food industry is quickly embracing digitalization to ensure food safety
• Increasing need for certification of processed beef goods

Market Analysis:
As consumers become more informed about food certifications, there is a growing demand for products that align with their values and objectives, contributing to the significant growth of the global food certification market. Furthermore, the expansion of multi-domestic commercial food services has had a notable impact on the market, driving increased demand for food certifications. Additionally, improvements in food infrastructure and the rise in food inspections have further supported the expansion of the food certification market.

List of Prominent Players in the Food Certificate Market:
• SGS (Switzerland)
• DNV (Norway)
• Lloyd's Register (UK)
• Bureau Vertrias (France)
• Control Union Certification (Netherlands)
• Intertek (UK)
• Eurofins (Luxembourg)
• TUV SUD (Germany)
• AsureQuality (New Zealand)
• DEKRA (Germany)
• Kiwa Sverige (Sweden),
• ALS (Australia)
• NSF International (US)
• Aspirata (South Africa)
• International Certification Ltd (New Zealand)
• Control Union Certifications (Netherlands)
• Indocert (India),
• TQ Cert (India)
• Eurofins (Luxeumbourg)
• Socotec (France)
• MS Certification Services (India)

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Recent Developments:
• In January 2023, Intertek Group PLC introduced a new certification sign to ensure that customers can trust vegan food claims. To qualify for the Vegan Certification, Intertek must have independently validated a product as acceptable for plant-based diets and vegans.
• In January 2024, Sustainability Unlocked and SGS have partnered to offer comprehensive, expert-led training for businesses that want to boost their sustainability and environmental credentials.
• In July 2023, Avance Labs and Bureau Veritas partnered in attributes verification and certification. The two organizations have signed a memorandum of understanding to acknowledge their mutual interest and benefit in working together.

Food Certificate Market Dynamics:
Market Drivers: Increasing Focus on Food Safety Regulations
The growing emphasis on food safety has become a key driver for the global food certification market. Stringent regulatory standards implemented by governments to ensure food safety and quality are significantly boosting the demand for food certifications. Additionally, the rising consumer preference for clean-label ingredient foods is further fueling this demand. As the food industry continues to globalize, evolving consumer preferences and the proliferation of multinational food services amplify the need for robust food certifications. The increasing scale of global food production underscores the necessity for enhanced food safety protocols, both domestically and internationally. This combination of factors, including heightened public and private sector awareness of the importance of clean food production, is driving the market's growth.

Challenges: High Costs and Complex Certification Requirements
Several challenges are likely to impede the expansion of the global food certification market in the forecast period. A primary constraint is the high cost of food certifications and related licenses, which may pose a barrier for individuals and small businesses. The rising expenses associated with obtaining these certifications can create market imbalances, hindering accessibility. Additionally, the complexity and variability of food safety certification requirements across different regions make it difficult for companies to navigate the process, further impeding market growth.

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North America Is Expected To Grow With The Highest CAGR During The Forecast Period
The North American food certification market is expected to capture a significant revenue share and experience rapid growth in the near future. This expansion is largely driven by increasing government initiatives aimed at enhancing the safety, performance, and operational standards of food facilities involved in manufacturing, packaging, and storage. In addition, the market is further fueled by stringent regulations enforced by regulatory bodies to ensure the quality and safety of food products. The growing emphasis on food safety regulations, particularly concerning imported goods, is a key factor contributing to the rise in food certification requirements, which is expected to drive market growth throughout the forecast period.

Segmentation of Food Certificate Market-
By Type-
• ISO 22000
• BRC
• SQF
• IFS
• HALAL
• KOSHER
• Free-from Certification (Gluten-Free, Allergen-Free, Vegan, USDA Organic, and GMO-Free)
By Application-
• Meat, Poultry, And Seafood Products
• Dairy Products
• Infant Food Products
• Beverages
• Bakery & Confectionery Products
• Free-Form Foods
• Other Applications (Functional Foods, Crops, And Convenience Foods)
By Risk Category
• High-risk
• Low-risk
By Supply Chain
• Growers
• Manufacturers
• Retailers
• Other Supply Chains (Storage, Logistics, And Import-Export Agencies)
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

Read Overview Report- https://www.insightaceanalytic.com/report/food-certificate-market/1578

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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This release was published on openPR.