Global Food Certification Market to Grow at a 5.2% CAGR by 2019
(PRWEB) June 19, 2015 -- Food certification plays a crucial role in building trust and credibility with the food industry’s stakeholders and enhancing food trade across regions. These factors are critical to the food industry’s growth potential. The global food certification market was valued at $10.7 billion in 2013, which is projected to grow at a CAGR of 5.2% from 2014 to 2019. Europe holds the major share of the global food certification market. North America is projected to grow at the highest CAGR of 6.1% from 2014 to 2019. In the global market, developed countries are the main markets for certified food products accounting for more than 95% of sales; however, there is a rapid increase in sales in other countries such as Brazil, Argentina, and China. Complete report is available at http://www.rnrmarketresearch.com/food-certification-market-by-type-iso-22000-sqf-brc-ifs-usda-organic-halal-kosher-application-processed-meat-poultry-organic-food-infant-food-dairy-products-beverages-seafood-by-re-market-report.html .
The growth of food certification market largely depends on the performance of major players. The growth of end-user application segments such as processed meat & poultry, fresh food, organic food, and infant food is contributing significantly to the growth of the food certification market. The food and beverage industry is subject to increased growth due to the stringent hygiene standards mandatory for quality food.
The food certification market is highly competitive and comprises many prominent players accounting for a major market share. At present, this market is dominated by companies such as SGS SA (Switzerland), Bureau Veritas (France), Intertek Group PLC (U.K.), Dekra SE (Germany), and TUV SUD AG (Germany). Other players include ALS Ltd. (Australia), DNV GL (Norway), UL LLC (U.S.), AsureQuality (New Zealand), and Lloyd’s Register (U.K.). Order a copy of this research report @ http://www.rnrmarketresearch.com/contacts/discount?rname=380736 .
Increasing changes in consumption habits due to busy lifestyle changes and the resultant inclination towards convenience foods has been driving the demand for efficient food safety testing in emerging economies. The increasing food trade in emerging markets has been a key opportunity for the food safety testing market. Consumers purchase imported food because it not only meets the safety standard of its country of origin, but also passes the inspection and quarantine in the particular country. It has been essential for emerging countries to meet international standards of food certification to sustain in the food trade supply.
Table of Conetnt for “Food Certification Market by Type (ISO 22000, SQF, BRC, IFS, USDA Organic, Halal, Kosher), Application (Processed Meat & Poultry, Organic Food, Infant Food, Dairy Products, Beverages, Seafood) & by Region - Global Trends & Forecast to 2019” Research Report Covers:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Markets Covered
1.5 Base Currency Considered for Market
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Factor Analysis
2.3 Market Size Estimation
2.4 Market Breakdown & Data Triangulation
2.5 Market Share Estimation
2.6 Research Assumptions & Limitations
3 Executive Summary
3.1 Food Certification Market
4 Premium Insights
4.1 Attractive Opportunities in the Food Certification Market
4.2 Food Certification Market, By Application
4.3 Food Certification Market in the Asia-Pacific Region
4.4 U.S. Dominates the Overall Market
4.5 Food Certification Market: Developed vs. Emerging Markets
4.6 ISO 22000 Accounted for Largest Share in the Food Certification Market in 2013
4.7 Food Certification Market: Life Cycle Analysis, By Region
4.8 Processed Meat & Poultry Segment Dominated the Food Certification Market in 2014
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Effect of Food Certification on Product Pricing
6.4 Industry Insights
6.5 Porter’s Five Forces Analysis
6.6 Strategic Benchmarking
7 Food Certification Market, By Type
7.1 Introduction
7.2 Food Certification Market, By Type
8 Food Certification Market, By Application
8.1 Introduction
9 Food Certification Market, By Region
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia-Pacific
9.5 Rest of the World (RoW)
10 Competitive Landscape
10.1 Overview
10.2 Competitive Situations & Trends
11 Company Profiles
11.1 Introduction
11.2 ALS Limited
11.4 Bureau Veritas
11.5 Dekra SE
11.6 DNV GL
11.7 Intertek Group PLC
11.8 Lloyd’s Register
11.9 SGS SA
11.10 TUV SUD AG
11.11 UL LLC
12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Related Reports
This is a premium research report priced at US$ 4650 for single user PDF license, Inquire for discount on this research report @ http://www.rnrmarketresearch.com/contacts/discount?rname=380736 .
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“Food Safety Testing Market by Contaminant (Pathogen, GMO, Toxin, Pesticide, Others), Technology (Traditional & Rapid), Food Type (Meat & Poultry, Dairy, Fruit & Vegetable, Convenience Food, Others) & Region - Global Trends & Forecast to 2019” is a Dec 2014 publication of 250 pages and it says the global food safety testing market is projected to reach $15,040.7 million by 2019. In 2013, the market was dominated by North America, followed by Europe. The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. Companies profiled in this research report are Bureau Veritas S.A., SGS S.A., Silliker Inc., DNV Gl, Bio-Rad Laboratories, Eurofins Scientific, Intertek Group PLC, Institut Für Produktqualität GMBH, Lloyds Register Quality Assurance Ltd, and Romer Labs Inc. Complete report available at http://www.rnrmarketresearch.com/food-safety-testing-market-by-contaminants-pathogen-gmo-toxin-pesticide-others-technology-traditional-rapid-food-types-meat-poultry-dairy-fruit-vegetable-processed-food-others-market-report.html .
Explore more research report on ‘Food Market’ @ http://www.rnrmarketresearch.com/reports/food-beverage/food .
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