Food Certification Market - Changing Lifestyle and Consumption Patterns Fuel Demand for Food Certification

Food certification is a process that can be applied to any stage of the food supply chain, right from primary production level to sales. Rising incidences of foodborne illness due to ingestion of contaminated food products is one of the key factors responsible for growing popularity of food certification. Food manufacturers are keen to obtain certification in order to attract consumers toward their products. Manufacturers also emphasize on certification to cope with rising competition globally. Furthermore, certified food products are perceived to be safe and secure as they pass through various verification processes. Consumers prefer to opt for certified food products to avoid unwanted health hazards caused due to consumption of contaminated food products.

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Food certification is not restricted to finished products – it can also apply to any stage within the manufacturing process. This includes certification requirements from early stages in production down to food sales. This ensures the use of ingredients and chemicals that are allowed by government agencies. Failure to be certified with the necessary food certification could result in the curtailment of the sale of the food product. Even at a sales level, the absence of certain certificates could be used by consumers to avoid these products. On the other hand, the presence of valid certification allows products to hold a positive image in the consumers’ minds, thereby increasing its sales. Therefore, the food and beverage industry needs to maintain its pace with the given certification standards in order to retain and improve its level of sales.

The primary driver of the global food certification market is the increasing awareness among consumers about various certifications and the quality standards they hold. Consumers all over the world are becoming more aware of the various foodborne illnesses that can spread through the use of contaminated or degraded food. This has caused government agencies to increase the safety standards incorporated into food certifications.

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Another major factor that is promoting the global food certification market is the increasing disposable income of consumers. As a greater number of consumers are moving towards higher quality of foods, manufacturers are reaching for higher certifications in order to attract more consumers.

The global food certification market has been segmented in the report for the purpose of enhancing the descriptive elements of each segment. Based on certification type, the market is segmented into International Organization for Standardization, International Food Standard, Safe Quality Food, British Retail Consortium standard, Kosher Certification, Halal Certification, Food Safety and Standards Authority of India, China Food and Drug Administration, U.S. Department of Agriculture, U.S. Food and Drug Administration, European Food Safety Authority, and Ministry of Food and Drug Safety.

The global food certification market stood at US$11.25 bn in 2015. Exhibiting a CAGR of 5.3%, the market is expected to reach US$16.09 bn by the end of 2023.The others packaged food segment led the global food certification market with a share of 23.4% in 2014.

Dekra SE, Bureau Veritas, AsureQuality Limited, Underwriters Laboratories Inc, SGS SA, and Intertek Group plc are some of the key players in the global food certification market. The majority of these companies are focusing on mergers and acquisitions to strengthen their position in the market. Besides, this larger companies are also investing in new laboratories and technological advancements to sustain their growth in the market.

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