CAGR 7.3%: Food Certification Market Share $11.33 Billion by 2032

Food Certification Market Size Worth $9.48 Billion By 2032 | CAGR: 5.8%


The global food certification market size is expected to reach USD 9.48 billion by 2032, according to a new study by Polaris Market Research. The report “Food Certification Market Share, Size, Trends, Industry Analysis Report, By Type (ISO 22000, Halal, Kosher, SQF, IFS, Free-from certifications, BRC, and Others); By Application; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Growing initiatives by countries of various regions is one of the primary factors augmenting the growth of market worldwide. For example, in January 2023, the Food Safety and Standards Authority of India's (FSSAI) BHOG (Blissful Hygienic Offering to God) project has received lukewarm support in the State. Only 1 out of the 1,623 worship places in Kerala that have registered with the Food Safety Department and have received any kind of food certification. BHOG was to encourage places of worship to adopt & maintain food safety & cleanliness while preparing for the "prasad." This is significantly enhancing the growth of market worldwide.

Awareness regarding food certification has heightened due to safety issues and health concerns. In January 2023, according to a statement from the Ministry of Railways, the Indian railway station has received a 5-star "Eat Right Station" certification from the Food Safety and Standards Authority of India (FSSAI) for serving wholesome food to travellers. Also according to news published in June 2023, India is considering mutual recognition of Canada's food certification system in order to facilitate the import and export of edibles. This is done considering the expanding Indian diaspora in Canada.

Do you have any questions? Would you like to request a sample or make an inquiry before purchasing this report? Simply click the link below: https://www.polarismarketresearch.com/industry-analysis/food-certification-market/request-for-sample

Veganism trend is gaining a huge traction among large number of population worldwide. However, the pandemic has accelerated the shift towards plant-based eating. As per the data published in 2023, about 10% of adult Americans identify as vegetarians or vegans. Around 79 million people worldwide identify as vegans. Various private as well as governments of countries are also supporting the vegan food certifications.

For instance, in June 2022, Food Safety and Standards Authority of India has announced various regulations for the vegan food. In addition to this, in September 2022, Intertek, a major global provider of total quality assurance services, just introduced their new Vegan Foods Certification due to skyrocketed sales of vegan products. This trend has led to the expansion of plant-based food options in supermarkets, restaurants, and food delivery services. Therefore, the vegan trend is boosting the market’s growth.

Food Certification Market Report Highlights

  • Free from certifications segment held substantial share, as they provide clear and concise information regarding absence of ingredients
  • Meat, poultry, and seafood products application garnered largest share as they are prone to contamination
  • North America held the largest share, owing to robust regulatory frameworks and standards for food safety and quality
  • The global players include AsureQuality, Bureau Veritas, Intertek Group Plc, TÜV NORD GROUP, DEKRA, and Eurofins Scientific

Polaris Market Research has segmented the Food Certification market report based on type, application, and region:

Food Certification, Type Outlook (Revenue - USD Billion, 2019-2032)

  • ISO 22000
  • Halal
  • Kosher
  • SQF
  • IFS
  • Free-from certifications
  • BRC
  • Others

Food Certification, Application Outlook (Revenue - USD Billion, 2019-2032)

  • Infant food
  • Beverages
  • Bakery & confectionery products
  • Free-from foods
  • Meat, poultry, and seafood products
  • Dairy products
  • Others

Food Certification, Regional Outlook (Revenue - USD Billion, 2019-2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Food Certification Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 5.72 billion

Revenue forecast in 2032

USD 9.48 billion

CAGR

5.8% from 2023 – 2032

Base year

2022

Historical data

2019– 2021

Forecast period

2023– 2032

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2032

Segments covered

By Type, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization    

Report customization as per your requirements with respect to countries, region and segmentation.

For Specific Research Requirements

Request for Customized Report