Food Certification Market Is Expected to Reach Usd 16.09 Bn by 2021, Expanding at a Cagr of 5.3% from 2015 to 2021

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

The demand for food certification is increasing in response to the rising prevalence of food-borne diseases.

The recent instances of food contamination reported across emerging economies have compelled

governments to mandate food certifications. Currently, International Organization for Standardization (ISO

22000), Safe Quality Food Certification, International Food Standard, British Consortium Standard, Halal

Certification, and Kosher Certification are the most popular certifications in the international market, states

Transparency Market Research (TMR). The demand for these certifications is expected to increase in the

forthcoming years as food trade across developing nations rises.

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Besides this, the changing consumption pattern and the subsequent demand for convenience food will fuel

the demand for food certifications. However, the high cost of a majority of these certifications will inhibit

their proliferation in small businesses. Nevertheless, TMR expects the market to report a CAGR of 5.3%

between 2015 and 2021.

The global food certification market stood at US$11.25 bn in 2014 and is expected to reach US$16.09 bn

by the end of 2021.

Rising Awareness about Food Contamination to Fuel Demand for Food Certifications

Based on application,...