Food Certification Market
Food Certification Market
The market for Food Certification was estimated at $5.76 billion in 2024; it is anticipated to increase to $8.2 billion by 2030, with projections indicating growth to around $11.0 billion by 2035.
Global Food Certification Market Outlook
Revenue, 2024 (US$B)
Forecast, 2034 (US$B)
CAGR, 2024 - 2034
Market Key Insights
- The Food Certification market is projected to grow from $5.8 billion in 2024 to $10.4 billion in 2034. This represents a CAGR of 6.1%, reflecting rising demand across Organic Food Certification, Gluten-Free Certification and Halal Food Certification.
- SGS SA, Bureau Veritas, Intertek Group plc lead the market as major players who determine its competitive dynamics.
- U.S. and Germany are the top markets within the Food Certification market and are expected to observe the growth CAGR of 4.0% to 5.9% between 2024 and 2030.
- Emerging markets including Vietnam, Nigeria and Colombia are expected to observe highest growth with CAGR ranging between 7.0% to 8.4%.
- The Food Certification market will experience a $700.0 million growth boost from Digital Transformation by 2030.
- The Food Certification market is set to add $4.7 billion between 2024 and 2034, with service providers targeting Service Providers & Retailers End-Users projected to gain a larger market share.
- With Increasing consumer awareness, and Stringent regulatory standards, Food Certification market to expand 81% between 2024 and 2034.
Opportunities in the Food Certification
The fast progress of technology has created possibilities within the Food Certification sector. A prime example is the utilization of blockchain technology to improve the tracking and openness, in food certification procedures. This innovation helps guarantee that food items are obtained in an sustainable manner resultantly boosting consumer confidence and brand standing in the market.
Growth Opportunities in North America and Asia Pacific
North America Outlook
Asia Pacific Outlook
Market Dynamics and Supply Chain
Driver: Increasing Consumer Awareness, and Expansion of Food Trade
Restraint: High Costs of Food Certification
Opportunity: Untapped Market Segments and Strategic Collaborations for Global Standards
Challenge: Lack of Awareness and Understanding
Supply Chain Landscape
Cargill
Archer Daniels Midland Company
SGS SA
Bureau Veritas SA
Nestle
Tyson Foods
Walmart
Amazon
Cargill
Archer Daniels Midland Company
SGS SA
Bureau Veritas SA
Nestle
Tyson Foods
Walmart
Amazon