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Food Certification Market worth $14.5 Billion by 2019
The report "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) & Region - Global Trends & Forecast to 2019", This report defines and segments the food certification market with analyses and projections of the market size, in terms of value. The market has been segmented on the basis of types and applications. The report also identifies the driving and restraining factors of the global market with an analysis of trends, opportunities, winning imperatives, and challenges.
Browse 125 market data tables and 61 figures spread through 190 pages and in-depth TOC on “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) & Region - Global Trends & Forecast to 2019"
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The market is segmented and the market size is forecasted on the basis of key regions, such as North America, Europe, Asia-Pacific, and Rest of the World (RoW). The key countries are covered and the market size and trends are projected for each region.
This research report studies the market for food certification used in the food industry. The market for food certification was valued at $10.7 Billion in 2013, which is projected to grow $14.5 Billion by 2019 at a CAGR of 5.2% from 2014 to 2019. Globally, the food certification market is driven by the regulations and standards in various food application segments. However, the increasing governmental regulations and the growing awareness about improving food quality are boosting the food certification market.
Food Certification Market Size, by Region, 2014 vs. 2019 ($Million)
E – Estimated; P - Projected
Source: Company Annual Reports, Primary Interviews, Company Websites, and MarketsandMarkets Analysis
The European region holds the major share of the food certification market, which is growing at a CAGR of 5% from 2014 to 2019. The global food certification market is growing due to its prevalence in a wide range of applications and increased health consciousness among consumers. However, imbalanced demand & supply and lack of transparency & market information have been restraining the market growth.
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