Dublin, April 28, 2023 (GLOBE NEWSWIRE) -- The "Food Certification - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Food Certification estimated at US$4.8 Billion in the year 2022, is projected to reach a revised size of US$6.9 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030.
ISO 22000, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$1.9 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the BRC segment is readjusted to a revised 5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 4.4% CAGR
The Food Certification market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 4.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
Select Competitors (Total 42 Featured) -
- ALS Ltd.
- AsureQuality
- Bureau Veritas SA
- Dekra SE
- DNV GL Group
- Intertek Group PLC
- Kiwa Sverige
- Lloyd's Register Group Limited
- SGS SA
- Tuv Sud AG
- UL LLC (Underwriters Laboratories)
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 323 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $4.8 Billion |
| Forecasted Market Value (USD) by 2030 | $6.9 Billion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Food Certification - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- The Evolving Age of Food Safety Across the Food Supply Chain
- Growing Importance of Food Certification
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rise in Prominence of Blockchain Technology in the Food Supply Chain
- Certification Protocol for 'Raised Without Antibiotics'
- Emphasis Grows on Testing Food at Production and Processing Level
- Food Safety System Certification 22000 Gains Importance
- Organic Food Certification Scenario
- Quality Assurance International Introduces certification mark for Organic Products
- Good Manufacturing Practices Emphasis the Need for Food Certification
- Clean Labelling of Non-GMO Products and the Need for Certification
- Certified Food Ingredients Become Essential to Establish Food safety
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/9nd2to
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