Food Certification Market: Are Companies Shying Away from Getting Certified?

Food Certification Market: Are Companies Shying Away from Getting Certified?

  • Submitted By: amyjames
  • Date Submitted: 07/05/2016 2:24 AM
  • Category: Business
  • Words: 1284
  • Page: 6

Transparency Market

Food Certification Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2015 - 2021

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Press Release
Global Food Certification Market Propelled by Increasing Consumer
Awareness about Health Certification; Market to Reach US$16.0 bn by

Transparency Market Research
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Food Certification Market


With concerns surrounding the authenticity, quality, and safety of food products skyrocketing amid the
rising number of food scandals across the globe, the food certification sector is becoming an important
stakeholder of the food and beverages industry. The food industry is highly vulnerable to negligent
practices in any stage of food chain, right from farming practices to processing and consumption.
Consumers are becoming increasingly aware about food safety, thanks to the rising number of high profile
food recalls and frequent media coverage of major food scandals. Thus food products that adhere to
national and international safety standards are witnessing more demand across the globe. Subsequently,
food safety certifications are becoming a common requirement for operating in the food and beverages
industry. Businesses that become certified to reliable food safety schemes are gaining competitive
advantage in the marketplace and the ones failing to do so are losing massively on overall gains – in terms
of revenues as well as negative publicity.
The global market for food certification was valued at more than US$11 bn in 2014 and is projected to
exhibit a healthy 5.3% CAGR through 2015-2021, according to a recent market research report published
by Transparency Market Research.
In this blog post, Transparency Market Research analysts uncover...

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