Food Certification Market Size to Grow USD 2243.8 million by 2027 at a CAGR of 4.2% | Valuates Reports
BANGALORE, India, Oct. 25, 2022 /PRNewswire/ -- The Global Food Certification market is Segmented by Type (Green Food, Organic Food), Application (Read-to-Eat Food, Rough Machining Foo, Deep Processing Food) Global Opportunity Analysis, and Industry Forecast, 2021-2027. It is published in Valuates Reports under the Agriculture & Forestry Category.
The global Food Certification market size is projected to reach USD 2243.8 million by 2027, from USD 1672 million in 2020, at a CAGR of 4.2% during 2021-2027.
Major factors driving the growth of the Food Certification Market
The implementation of food safety standards is becoming more necessary in order to limit the number of illnesses and fatalities brought on by foodborne pathogens, and this is driving the expansion of the food certification market. Key industry players are motivated to create innovative and efficient food certification standards as a result of the government's strict restrictions for food certifications.
Buy Chapterwise Reports + Price Starts from 400 USD: https://reports.valuates.com/market-reports/QYRE-Auto-4Z9340/global-food-certification/1
Get Your Sample Today: https://reports.valuates.com/request/sample/QYRE-Auto-4Z9340/Global_Food_Certification
TRENDS INFLUENCING THE GROWTH OF THE GLOBAL FOOD CERTIFICATION MARKET
In the upcoming years, regulatory interventions are expected to have an impact on the food certification sector. The Food Certification market is expected to rise as a result of tighter government restrictions, complex industry standards, and certification requirements. Companies are expected to spend on certification compliance as a result of the enforcement of harsher fines against non-compliant parties. These elements are anticipated to have a favorable effect on the market expansion.
Rising levels of disposable income in urban areas. Families in metropolitan areas are therefore more likely to use prepared foods that are sold in convenience stores, supermarkets, and hypermarkets. Food safety is becoming a problem that has to be highlighted more. Everyone can avoid any inconveniences by having a greater understanding of the principles governing food safety and making educated decisions. This factor is expected to further propel the growth of the Food Certification market.
Food sector businesses can effectively meet the standards of a nationally or internationally recognized best practice approach by obtaining food safety certification, which demonstrates to customers and the marketplace, as well as to staff and other stakeholders, that they have done so. Any business can benefit greatly from certification from an unbiased third party because it represents ethical behavior and corporate responsibility.
Consumers are calling for higher food safety standards across the whole global supply chain due to increased knowledge brought on by recent high-profile food recalls. Businesses that achieve certification under a specific food safety program will have a competitive advantage in the Food Certification market.
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-4Z9340/global-food-certification
FOOD CERTIFICATION MARKET SHARE
Based on type, Green Food is expected to be the most lucrative segment. By guaranteeing that
Buy Chapters on Market Data by Type: https://reports.valuates.com/market-reports/QYRE-Auto-4Z9340/global-food-certification/4
Plant-based goods are entirely vegan, the certification helps to slow down resource depletion and cut greenhouse gas emissions.
Buy Chapters on Market Data by Application: https://reports.valuates.com/market-reports/QYRE-Auto-4Z9340/global-food-certification/5
Europe is the largest market, with a share of over 35%, followed by China, and North America, both have a share of over 40 percent.
Buy Regional Market Data On Europe: https://reports.valuates.com/market-reports/QYRE-Auto-4Z9340/global-food-certification/7
Buy Regional Market Data On Asia Pacific: https://reports.valuates.com/market-reports/QYRE-Auto-4Z9340/global-food-certification/8
Key Players:
- SGS
- Intertek
- BV
- ALS
- NSF
- JFRL
- TUV
- Lloyd's Register
- COFFCC.
Buy Market Data On Company Profiles: https://reports.valuates.com/market-reports/QYRE-Auto-4Z9340/global-food-certification/11
Buy Now for Single User + Covid-19 Impact :
https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-4Z9340&lic=single-user
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
CHAPTER-WISE REPORT:
Our custom market research services allow you to select and pay for only chapters you need - a service you won't find anywhere else! Click here to check the chapter cost of the report.
SIMILAR REPORTS:
- The global Erythritol market size is estimated to be worth USD 833.4 million in 2022 and is forecast to a readjusted size of USD 2748 million by 2028 with a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period.
- The global Kombucha market size is estimated to be worth USD 2086.4 million in 2022 and is forecast to a readjusted size of USD 6137.2 million by 2028 with a CAGR of 19.7%
- The Global Cloud Kitchen Market size was valued at USD 29,418.5 million in 2020 and is estimated to reach USD 112,741.7 million by 2030 with a CAGR of 13.12% from 2021 to 2030.
- The global Vitamin D market is projected to reach USD 334.5 million by 2028 from an estimated USD 168.6 million in 2022, at a CAGR of 12.1% during 2023 and 2028.
- The global Food Traceability market size is estimated to be worth USD 16180 million in 2021 and is forecast to a readjusted size of USD 16180 million by 2028 with a CAGR of 10.9% during the review period.
- The gluten-free products market size was valued at USD 4.3 Billion in 2019 and is estimated to reach USD 7.5 Billion by 2027, registering a CAGR of 7.2% from 2020 to 2027.
- The global plant extract market is estimated to be worth US$ 17790 million in 2022 and is projected to reach US$ 31170 million by 2028 with a CAGR of 9.8% during the forecast period.
- The global Plant-based Meat market size is projected to reach USD 19450 million by 2027, from USD 10660 million in 2020, at a CAGR of 8.5% during 2021-2027.
- The global Stevia market size is estimated to be valued at US$ 647.7 million in 2022 and is forecast to be a readjusted size of US$ 1016.5 million by 2028 with a CAGR of 7.8% during the review period.
- The global Astaxanthin market size is estimated to be worth USD 121.2 Million in 2021 and is forecast to a readjusted size of USD 200.2 Million by 2028 with a CAGR of 7.6% during the forecast period 2022-2028.
- The global Online Food Delivery market size is projected to reach USD 128500 million by 2027, from USD 80370 million in 2020, at a CAGR of 6.5% during 2021-2027.
- The global Probiotics market size is estimated to be worth USD 1682.1 million in 2022 and is forecast to a readjusted size of USD 2306.2 million by 2028 with a CAGR of 5.4% during the review period.
- The global Packaged food market size was valued at USD 1,925.7 billion in 2020 and is projected to reach USD 3,407.2 billion by 2030, at a CAGR of 5.2% from 2021 to 2030.
- The global Algae products market was valued at USD 2,276.0 Million in 2020 and is projected to reach USD 4286.8 Million by 2031, growing at a CAGR of 4.88% from 2022 to 2031.
- The global Vitamin E market size is estimated to be worth USD 669.7 Million in 2022 and is forecast to a readjusted size of USD 882.2 Million by 2028 with a CAGR of 4.7% during the review period.
- The global Gummy Vitamin market size was USD 1700 million and it is expected to reach USD 2300 million by the end of 2027, with a CAGR of 4.5% during 2021-2027.
- The functional food market size was valued at USD 177,770.00 Million in 2019, and is estimated to reach USD 267,924.40 Million by 2027, registering a CAGR of 6.7% from 2021 to 2027.
- The global Instant Noodles market size is estimated to be worth USD 34220 Million in 2022 and is forecast to a readjusted size of USD 43800 Million by 2028 with a CAGR of 4.2% during the review period.
- The global Sweet Potato Starch market size is estimated to be worth USD 673.5 million in 2022 and is forecast to a readjusted size of USD 837.5 million by 2028 with a CAGR of 3.7% during the review period.
- The global Freeze Dried Foods market size is estimated to be worth USD 12350 Million in 2022 and is forecast to a readjusted size of USD 15190 Million by 2028 with a CAGR of 3.5% during the review period.
- The global Vitamin Supplements market size is projected to reach USD 28600 million by 2027, from USD 22140 million in 2020, at a Compound Annual Growth Rate (CAGR) of 3.7% during 2021-2027.
- The global Dietary Supplements market size is projected to reach USD 121110 Million by 2027, from USD 89810 Million in 2020, at a CAGR of 3.9% during 2021-2027.
Click here to see related reports on Food Certification Market
ABOUT US:
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.
CONTACT US:
Valuates Reports
[email protected]
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
LinkedIn - https://in.linkedin.com/company/valuatesreports
Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
Share this article