openPR Logo
Press release

Quality and Safety Requirements to Bring Food Certification under Spotlight

Quality and Safety Requirements to Bring Food Certification

Owing to the rising cases of food-borne diseases, the need for proper food certification is growing significantly. Recent incidences regarding food contamination in several developing countries have compelled government bodies to impose mandatory food certifications. At present, the prime organizations for food certification across the world are Kosher Certification, Halal Certification, British Consortium Standard, International Food Standard, Safe Quality Food Certification, and International Organization for Standardization (ISO 22000). With the rise in food trade among emerging economies, the implementation of these certifications is anticipated to rise.

According to a research report by Transparency Market Research, the global food certification market is likely to exhibit a 5.3% CAGR from 2015 to 2021. In 2014, the market was valued at US$11.25 bn and is likely to escalate to US$16.09 bn by 2021, owing to the change in food consumption patterns across the globe.

View exclusive Global strategic Business report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6331

How will the increasing incidence of food contamination boost the adoption of food certifications?

In terms of application, the global food certification comprises beverages, infant food products, dairy products, organic food, bakery products, and processed meat and poultry products. All these food products are prone to food contamination. As consumers are becoming more aware of the risks related to food contamination, the demand for laboratory food testing and food certification is increasing extensively.

For instance, owing to recent controversies related to Nestle India Ltd’s Maggi, and keeping in mind several safety concerns, Food Safety and Standards Authority of India (FSSAI) has recently announced an investment of INR 482 crore to upgrade food testing laboratories. It has planned to improve 14 referral food testing laboratories and 45 prime laboratories across the country.

What are the factors likely to challenge the growth of the market?

Although the global market for food certification is witnessing promising growth, the high costs incurred during the certification process is expected to deter food companies and processing outlets to look at food certification from an asset point of view. Established companies are investing heavily to attain logos such as Halal or Organic; on the other hand, smaller companies are refraining from this process. However, strict regulations imposed by governments across the world to ensure food safety are likely to propel the adoption of food certifications.

Which region is expected to pave the way for growth opportunities for manufacturers?

Region-wise, Europe emerged dominant in 2014 in the global food certification market, closely trailed by North America. The growth of the market in these regions can be attributed to the high consciousness among consumers regarding the quality and safety of the food consumed by them. Additionally, the growth in the living standards and the rising inclination towards the consumption of healthy food products are expected to stir the demand for food certifications. Nevertheless, it is expected that Asia Pacific will report strong growth due to the rise in food-borne diseases across the region.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Quality and Safety Requirements to Bring Food Certification under Spotlight here

News-ID: 405615 • Views:

More Releases from Transparecny Market Research

Global Microgrid Controller Market Forecast 2024-2034 - Market Size, Drivers, Trends, and Competitors
Global Microgrid Controller Market Forecast 2024-2034 - Market Size, Drivers, Tr …
The global microgrid controller market is witnessing significant growth as decentralized energy systems gain traction. Microgrid controllers, the nerve centers of microgrids, manage distributed energy resources (DERs), ensuring efficient energy distribution, storage, and consumption. These systems provide resilience, optimize costs, and integrate renewable energy sources like solar and wind into the grid seamlessly. The market is projected to grow at a robust compound annual growth rate CAGR 12.8 from 2024 to
Lithium Tantalate Crystal Market to hit USD 790 million by 2027, Says Transparency Market Research Inc.
Lithium Tantalate Crystal Market to hit USD 790 million by 2027, Says Transparen …
The Lithium Tantalate Crystal Market has been witnessing a substantial surge from 2019 to 2027, attributed to its diverse applications across various industries. Lithium Tantalate (LiTaO3) crystals find extensive usage in electronics, telecommunications, and optoelectronics owing to their exceptional piezoelectric and electro-optic properties. Lithium Tantalate Crystal market is expected to reach a valuation of US$ 790 million by the end of the forecast period, which spans from 2019 to 2027. Additionally,
North America Climbing Gym Market Size & Share to Surpass USD 1.9 billion by 2031, at a CAGR of 8.5% | TMR
North America Climbing Gym Market Size & Share to Surpass USD 1.9 billion by 203 …
The global North America Climbing Gym Market (سوق التسلق في أمريكا الشمالية) has been sailing through robust waters, witnessing a valuation of US$ 947.7 million in 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 8.5% from 2023 to 2031. By the end of 2031, the industry is expected
Multi-functional Printer Market is expected to grow at 7.2% of CAGR through 2023 to 2031, reaching nearly US$ 58.2 billion | TMR
Multi-functional Printer Market is expected to grow at 7.2% of CAGR through 2023 …
The global Multi-functional Printer Market (複合機市場) has been sailing through robust waters, witnessing a valuation of US$ 31.2 billion in 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 7.2% from 2023 to 2031. By the end of 2031, the industry is expected to anchor at an impressive US$

All 5 Releases


More Releases for Certification

ISO Certification
CRMIT Solutions has announced that it has been awarded the ISO/IEC 27001:2013 certification, which will see further support of the company's digital transformation solutions, products and services business. Bangalore, KA (May 21, 2020)- CRMIT Solutions, a pioneer in digital transformation and Customer360 solutions, have been re-confirmed the ISO/IEC 27001:2013 certification after the company successfully developed and implemented an integrated strategy for information security management to protect information assets, such as customer,
IATA's CEIV-Pharma Certification or HSA's GDP Certification?
Players throughout the pharmaceutical supply chain are experiencing growing pressure to gain accreditation for handling the high-value, temperature-sensitive cargo, as having a certification becomes more commonplace, rather than an exceptional feat in the industry. There are currently 2 different measures of standards, one is IATA's CEIV-Pharma Certification and the other is HSA's GDP Certification. There are major players on both sides of the fence which hold – GDP-compliant certificates and CEIV-pharma certifications.
Supervising Certification
Product certification demonstrates compliance to a given standard and usually includes the right to apply a certification mark to the certified product. This assures retailers and consumers of its status. Given the importance of certification, it is important that the use of the certification mark is supervised. Why Is Product Certification Supervised? Product certification involves annual factory inspections as well as supervision to ensure that the high standards satisfied in achieving
Chartered Engineer Certification PSI Certification, CE Certification Services
Ravi Energie Inc. is a global service provider for technical verification, inspection and testing, with the necessary experience, expertise and accreditations to provide PSI Certification is to check shipment details such as price, quantity and quality of goods ordered overseas. Ravi Energie Inc. supports manufacturers of energy generation and distribution equipment with testing and certification solutions for access to global markets. These certification is required to safeguard national financial
Chartered Engineer Certification PSI Certification, CE Certification, Pre Shipme …
Ravi Energie Inc. is a global service provider for technical verification, inspection and testing, with the necessary experience, expertise and accreditations to provide PSI Certification. PSI Certification is to check shipment details such as price, quantity and quality of goods ordered overseas. Through PSI Certification, exporters and importers can assure that products meet quality standards, as well as agreed technical specifications and quantity specified in the contract. A PSI Agency assures
Pre-Shipment Inspection, Pre Shipment Certification, Certification, Pre Shipment …
Ravi energie Inc offers fast, expert product testing, inspection and certification solutions through our global network of accredited laboratories. Ravi energie Inc. supports manufacturers of energy generation and distribution equipment with testing and certification solutions for access to global markets. Whether you're engaged in fossil fuel or renewable energy development, Ravi Energie which is an ISO 9001 certified company Customs classification is verified for each imported item to allow Customs