Market Size of Food Certification Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.90 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Food Certification Market Analysis
The food certification market is projected to register a CAGR of 5.9% during the forecast period.
The long-term growth of the TIC (Testing, Inspection, and Certification) market has been aided by an increase in corporate outsourcing of R&D operations as well as quality assurance work to third parties, increasing trade flows, and a growing global demand for regulation of materials, products, systems, and processes.
In recent years, the food industry has seen a rapid digitalization of food safety. Businesses began to use digital solutions to record food safety data more accurately, reduce human error, and improve overall compliance. The industry is only expected to embrace this trend more as new software programs and automated applications for food businesses hit the market.
Moreover, the rising concerns about artificial products around the world are driving the market significantly. Since consumers were more focused on the types of food they were consuming and were also mostly preferring the food products that were properly labeled. The properly labeled food products and the food companies certified by various agencies play a vital role in the consumer's preferences because of the food safety these products carry. Bureau Veritas, which is one of the major players in this industry, estimated an organic growth in fiscal 2021 in marine-based food products. The company had a growth of 8.7% in operation compared to the pre-pandemic situation.
Additionally, the major factors that are expected to drive the growth of the food certification market during the forecast period include increasing consumer awareness about certified food products, growing demand for processed meat products certification, and the rising prevalence of foodborne illness. According to WHO (World Health Organization) every year, one in every ten people in the world suffers from illness after eating contaminated food, and 420 000 die, resulting in the loss of 33 million healthy life. Each year, low- and middle-income countries lose USD 110 billion in productivity and medical costs due to unsafe food. Children under the age accounts account for 40% of the foodborne disease burden, with 125 000 deaths each year.
Food Certification Industry Segmentation
The food certification market is based on an accredited and approved certification body. Control Union Certifications provide third-party certification audits against the main food safety. The report on the food certification market offers key insights into the latest developments. The food certification market is segmented into end-user industry, type, and geography. By end-user industry, the market is segmented into meat, poultry and seafood products, dairy products, infant food, beverages, bakery and confectionery, and other end-user industries. The market is also segmented by type into ISO 22000 - Food Safety Management System, BRCGS., Halal certification, GMP+/FSA, and other certifications. Also, the study provides an analysis of the food certification market in emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
| End-user Industry | |
| Meat, Poultry, and Seafood Products | |
| Dairy Products | |
| Infant Food | |
| Beverages | |
| Bakery and Confectionery Products | |
| Other End-user Industries |
| Type | |
| ISO 22000 - Food Safety Management System | |
| BRCGS | |
| Halal Certification | |
| GMP+/FSA | |
| Other Certifications |
| Geography | |||||||||
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Food Certification Market Size Summary
The food certification market is experiencing significant growth, driven by the increasing global demand for regulated and safe food products. This growth is supported by the digitalization of food safety processes, which enhances accuracy and compliance in food safety data management. As consumers become more conscious of food safety and quality, the preference for certified and properly labeled food products is rising. This trend is further fueled by concerns over foodborne illnesses and the need for transparency in food production. The market is also benefiting from the globalization of standards and regulations, which are evolving to incorporate environmental and public health considerations. The expansion of chain restaurants and the globalized food supply chain underscore the necessity of food certification to ensure compliance with safety standards across borders.
In North America, stringent regulatory norms and consumer demand for transparency are driving the food certification market. The United States, in particular, is leading the region due to heightened health consciousness and awareness of food safety issues. Major players in the market, such as Bureau Veritas, Eurofins Scientific, Intertek Group PLC, SGS Group, and NSF International, are actively engaging in mergers and acquisitions to strengthen their market position and expand their service offerings. These companies are also introducing new certification programs, such as plant-based and vegan certifications, to cater to evolving consumer preferences. The introduction of certification marks, like the SGS Food Contact Product Certification Mark, further enhances product traceability and consumer trust, providing a competitive edge in the market.
Food Certification Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 End-user Industry
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2.1.1 Meat, Poultry, and Seafood Products
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2.1.2 Dairy Products
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2.1.3 Infant Food
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2.1.4 Beverages
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2.1.5 Bakery and Confectionery Products
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2.1.6 Other End-user Industries
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2.2 Type
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2.2.1 ISO 22000 - Food Safety Management System
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2.2.2 BRCGS
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2.2.3 Halal Certification
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2.2.4 GMP+/FSA
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2.2.5 Other Certifications
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 Germany
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2.3.2.3 France
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2.3.2.4 Russia
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2.3.2.5 Italy
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2.3.2.6 Spain
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 India
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2.3.3.2 China
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2.3.3.3 Japan
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East & Africa
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2.3.5.1 South Africa
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2.3.5.2 Saudi Arabia
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2.3.5.3 Rest of Middle East & Africa
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Food Certification Market Size FAQs
What is the current Food Certification Market size?
The Food Certification Market is projected to register a CAGR of 5.90% during the forecast period (2024-2029)
Who are the key players in Food Certification Market?
Eurofins Scientific, Bureau Veritas, Intertek Group PLC, SGS Group and NSF International are the major companies operating in the Food Certification Market.
