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Food Certification Market is expected to gain market growth in the forecast period of 2022 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.5% in the forecast period of 2022 to 2028 and is expected to reach USD 12,074.57 Million by 2028. rising consumer awareness regarding the food safety, stringent food certification and standards and rising number of government initiatives to ensure food safety acts as driver for the Food Certification market growth. The growing consumption of food production globally may be attributed to the fact that the growing global population and growing food exports are significantly contributing to the positive market growth during the next five years. Stringent government regulations regarding the consumption of healthy food and the presence of strict standards in the food applications segment are also positively driving the food certification market during the coming five years.
The growing number of cases related to foodborne diseases further increases the burden on food-producing companies to make food safer and cleaner for human consumption. This, in turn, is further propelling the business growth opportunities for the market players over the forecast period.
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On the basis of application, the global food certification market is segmented into bakery products, confectionary products, baby foods, meat & poultry products, convenience food, breakfast cereals, nuts & dried fruits, milk & dairy products, tobacco, honey, tea & coffee, cereals, grains & pulses, herbs & spices and others. The bakery products are further segmented into bread, cakes, pastries, & muffins donuts and cookies & biscuits and others. The confectionary products are further segmented into gummies, candies, jellies, chocolate, and others. The chocolate segment is sub segmented into chocolate bites and chocolate bar. The convenience food segment is further segmented into seasonings, dressing & condiments, noodles & pasta, snacks & extruded snacks and others. The milk & dairy products segment is further segmented into ice cream, frozen desserts, cheese, yogurt and others. In 2021, the confectionary products segment is expected to dominate the food certification market due to increase demand for clean label and organic food among consumers to lead a healthy lifestyle.
One of the key factors supplementing the food certification market growth includes growing concerns regarding food safety by governments and food companies around the globe. Since the WHO considers the promotion of good health by making sufficient amounts of safe and nutritious food to the people. As per the organization, more than 200 diseases can be caused by unsafe food containing harmful bacteria, viruses, parasites, or chemical substances
Highlight of Table of Content:
· Chapter 1: Market overview
· Chapter 2: Global Food Certification Market analysis
· Chapter 3: Regional analysis of the Global Food Certification Market
· Chapter 4: Market segmentation based on types and applications
· Chapter 5: Revenue analysis based on types and applications
· Chapter 6: Market share
· Chapter 7: Competitive Landscape
· Chapter 8: Drivers, Restraints, Challenges, and Opportunities
· Chapter 9: Gross Margin and Price Analysis
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The major companies which are dealing in the Food Certification are GFSI, UL LLC, SCS Global Services, Lloyd's Register Group Services Limited, Eagle Certification Group, GROUPE ECOCERT, NSF International, BRCGS, Bureau Veritas, SGS SA, Intertek Group Plc, TÜV NORD GROUP, DNV GL, DEKRA, Mérieux NutriSciences, Eurofins Scientific, ALS Limited, AsureQuality, Control Union Certifications Germany gmbh , FoodChain ID Group Inc, Kiwa among other domestic players
Profound Questions Answered in this Report:
· What is the growth rate of various stages in the value chain of the industry?
· Which region has the highest growth rate and size of the emerging market by value in 2022?
· Who are the competitive players in Global Food Certification Market?
· Which region has the largest share and degree of competition in the industry?
· What is the CAGR of the market during the forecast period 2022 to 2027?
· Which region is expected to hold the highest market share for the market?
· What is the main driver of the Global Food Certification Market?
· What is sales volume, revenue, and price analysis of top players of the market?
· What are the market opportunities and threats faced by the vendors in the industry?
· What has been the impact of COVID-19 on the Global Food Certification Market?
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