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

Transparency Market

Research

Food Certification Market - Global Industry Analysis, Size, Share,

Growth, Trends, and Forecast 2015 - 2021

Published Date

08-09-2015

95 Page Report

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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

2021

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Food Certification Market

REPORT DESCRIPTION

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 some...