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According to MarketsandMarkets, the food certification market is projected to reach USD 7.4 billion by 2028 from USD 5.6 billion by 2023, at a CAGR of 5.7% during the forecast period in terms of value. There is a rising global demand for food certifications, Food certifications ensure compliance with regulatory requirements imposed by governments and regulatory bodies. By adhering to these regulations, companies minimize the risk of penalties, fines, or legal actions. Compliance with food safety regulations is crucial for maintaining consumer trust, market access, and business continuity.
Food certifications require companies to establish robust food safety management systems. These systems help identify and mitigate potential risks within the food production process. By implementing best practices and adhering to certification requirements, companies improve their ability to prevent, detect, and address food safety issues, thereby minimizing risks to consumers and their brand reputation. Food certifications instill consumer trust and confidence in the safety and quality of products. By displaying certification labels or logos, companies communicate their commitment to food safety and build trust with consumers, which strengthens brand loyalty and repeat purchases. Certified products are perceived as meeting stringent standards and being subject to regular audits and inspections.
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Food certifications provide a competitive edge by distinguishing certified products in the market. Certified products demonstrate a company’s dedication to meeting higher safety and quality standards, giving consumers assurance and influencing their choices in favor of certified options. Developing markets such as Brazil, China, Argentina, and India are emerging as growth prospects for certified food fueled by increasing investment in health and nutrition. As the demand for safe, high-quality, and sustainable food products grows, the significance of food certification cannot be overstated. Certifications ensure consumer safety, provide quality assurance, support regulatory compliance, facilitate market access, and address consumer preferences for transparency and ethical practices. Businesses across the food supply chain must recognize the importance of certifications in gaining a competitive edge, enhancing brand reputation, and meeting evolving consumer expectations. By investing in food certifications, companies not only protect consumer health but also contribute to the overall integrity and sustainability of the global food system.
Europe is experiencing rapid growth in the food certification market, making it the fastest growing region globally. Several factors contribute to this growth and highlight the region’s potential including, the strict regulations, and consumer shift towards safe and certified food. European consumers prioritize food safety and quality. They are increasingly concerned about the origin, production methods, and ingredients in their food. Certifications provide reassurance to consumers and address their demand for safe and trusted food products. European governments support food certifications through subsidies, incentives, and awareness campaigns. This support encourages businesses to obtain certifications and contributes to market growth. Industry collaborations and the development of standardized certification schemes have further boosted the food certification market in Europe. Organizations and associations work together to establish industry-wide standards, ensuring consistency and credibility in certifications. These factors collectively contribute to the growth of the food certification market in Europe, as businesses recognize the importance of certifications in meeting regulatory requirements, addressing consumer preferences, ensuring market access, and enhancing brand reputation.
Top Companies in the Food Certification Market
DEKRA (Germany)
SGS (France)
Intertek Group plc (UK)
AsureQuality (New Zealand)
Bureau Veritas (France)
LRQA (UK)
DNV (Norway)
TÜV SÜD (Germany)
Kiwa (Netherlands)
ALS (US)
UL LLC (US)
EAGLE Certification Group (US)
INTL Certification Limited (UK)
Assurecloud (Africa)
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DEKRA (Germany)
DEKRA, as a leading provider of food certification services, benefits from the increasing need for businesses to comply with stringent food safety and quality regulations. The company’s presence in multiple countries allows it to tap into the growing global market for food certification. DEKRA also supports companies in improving workplace safety and health through various services such as safety audits, risk assessments, training programs, and consultancy as international trade continues to expand, companies seeking to export their food products require certifications that comply with import regulations, creating a significant driver for DEKRA’s services. DEKRA’s food certifications enables it to meet regulatory requirements and demonstrate their commitment to ensuring consumer safety.
SGS (France)
SGS is a prominent global company providing inspection, verification, testing, and certification services across various industries, including the food sector. In the food certification market, SGS plays a significant role in ensuring the safety, quality, and compliance of food products throughout the supply chain. SGS helps businesses comply with internationally recognized food safety standards such as ISO 22000, FSSC 22000, BRCGS, SQF, and IFS. These certifications demonstrate that the company has implemented robust food safety management systems and adheres to strict hygiene and quality control measures.
There is a growing demand for transparency and traceability in the food supply chain. Consumers want to know where their food comes from and how it is produced. Food certifications provided by SGS help companies demonstrate the transparency of their supply chains.
Intertek Group plc (UK)
Intertek Group plc is a renowned global provider of testing, inspection, and certification services, including food certification. With expertise across various industries, Intertek assists food businesses in ensuring the safety and quality of food. In terms of food certification, it offers a comprehensive range of services tailored to the needs of food manufacturers, retailers, and regulatory bodies. This includes certifications for food safety, product quality, and supply chain transparency. Additionally, Intertek conducts allergen and contaminant testing and provides regulatory compliance support which enables the company to provide risk and allergen free certification facilities to its customers. The company has 23 principal subsidiaries and 29 food testing laboratories around the world.
Key Questions Addressed by the Food Certification Market Report:
Which region is projected to account for the largest share in the food certification market?
What is the current size of the global food certification market?
Which are the major key players in the market?
What are the factors driving the food certification market?
Which segment by risk category accounted for the largest food certification market share?
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