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