The global food certification market is poised for substantial growth, projected to reach a value of USD 7.4 billion by 2028, with a noteworthy compound annual growth rate (CAGR) of 5.7% during the forecast period. The increasing importance of certifications in meeting the specific requirements of importing countries and facilitating international trade, coupled with a growing emphasis on food safety and quality assurance, drives the market’s expansion.
ISO 22000 Dominates the Food Certification Market
ISO 22000 certification holds the largest share in the food certification market in terms of value in 2023. As an internationally recognized benchmark for food safety management systems, ISO 22000 certification is highly sought after by businesses operating in the global market. Adhering to the standard’s requirements enables companies to establish effective control measures, identify and mitigate hazards, prevent contamination, and provide customers and stakeholders with the assurance of following internationally recognized food safety practices.
High-Risk Category Witnesses Significant Growth
Within the risk category segment, the high-risk category is projected to witness the highest growth in the food certification market. High-risk foods, including ready-to-eat products, raw or undercooked meats, seafood, and dairy items, require stringent controls to minimize health risks associated with pathogens like Salmonella, E. coli, Listeria, or Campylobacter. Certifications in this category help businesses build consumer trust, ensure product quality and safety, and protect their brands from potential reputational damage.
North America Emerges as a Prominent Market
The North American region is expected to experience significant growth in the global food certification market. Businesses in North America are increasingly prioritizing Corporate Social Responsibility (CSR) initiatives, which include ethical sourcing, sustainable practices, and community engagement. Certifications such as B Corp, LEED, and Fair Trade align with these objectives, enabling businesses to demonstrate their commitment to responsible practices and gain a competitive edge in the global marketplace.
Key Players Driving the Market
DEKRA (Germany), SGS (France), Intertek Group plc (UK), and Bureau Veritas (France) are key players driving the food certification market. These industry leaders play a crucial role in ensuring food safety, quality, and compliance with internationally recognized standards, enhancing consumer confidence and bolstering the credibility of certified businesses.
In conclusion, the global food certification market is set to witness remarkable growth, driven by the necessity to meet specific import requirements and ensure food safety and quality assurance. ISO 22000 leads the market, and certifications in the high-risk category gain prominence, while North America emerges as a thriving region. The efforts of key players further contribute to the market’s growth and the establishment of trust and credibility in the food industry.
