Rising Cases of Food Contamination to Fuel Demand for Adequate Food Certification, Reports Tmr

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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Rising Cases of Food Contamination to Fuel Demand for Adequate Food

Certification, Reports TMR

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Food Certification Market

REPORT DESCRIPTION

Competition prevailing in the global food certification market is gradually rising, finds Transparency Market

Research (TMR) in a new report. Since certified foods are perceived safer as they pass through stringent

verification process, more consumers are opting for certified products to avoid health hazards. This trend

has compelled manufacturers to emphasize on certification, which is intensifying the competition prevalent

in the global food certification market.

Interpret a Competitive outlook Analysis Report with free PDF

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The global food certification market stood at US$11.25 bn in 2015. Exhibiting a CAGR of 5.3%, the market

is expected to reach US$16.09 bn by the end of 2023.The others packaged food segment led the global

food certification market with a share of 23.4% in 2014.

Dekra SE, Bureau Veritas, AsureQuality Limited, Underwriters Laboratories Inc, SGS SA, and Intertek Group

plc are some of the key players in the global food certification market. The majority of these companies are

focusing on mergers and acquisitions to strengthen their position in the market. Besides, this larger

companies are also investing in new laboratories and technological advancements to sustain their growth

in the market.

Changing Lifestyle and Consumption Patterns Fuel Demand for Food Certification

Demand for food...