Food certification is complying with the set international standards and processing the food as per the parameters set by the association so as the food manufactured are safe for human consumption. Certification standards around world is based on parameters such as quality of food, packaging material and standard, use of unhygienic ingredients, permitted level of preservatives, color ingredients added, storage & distribution in the entire value chain and other safety parameters. The Global Food Safety Initiative (GFSI) is a common and independent association that ensures manufacturers are manufacturing the food as per the safety norms and standards. GFSI also sets new standards and takes initiatives so that consumers get better and safe quality food. Some of the most popular standards for international food safety are ISO (22000), Halal certifications, and Kosher certifications.
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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
There has been a surge in more companies opting for certification worldwide because of the growing consumer awareness. The growth in demand for food products like processed meat & other processed non-vegetarian products, which contain toxins and perishes easily has increased the need of certification from manufacturers as the food items could be harmful if not processed under safe condition. Moreover, rise in awareness about foodborne diseases and new opportunities drive the global food certification market growth. However the small & medium manufacturers are not aware of the food certification and many small companies use fake standards in their packaging, which hampers the growth of the food certification market.
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Key Benefits of the Report:
- This study presents the analytical depiction of the global food certification industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global food certification market share.
- The current market is quantitatively analyzed to highlight the global food certification market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global food certification market analysis based on competitive intensity and how the competition will take shape in coming years.
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