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Food Certification Market to see Booming Business Sentiments
The food certification market is expected to grow from US$ 11,053.9 million in 2024 to US$ 28,405.7 million by 2034. Over the forecast period, food certification demand will likely rise at 10.4% CAGR.
In an era where consumers prioritize safety, quality, and sustainability, food certifications stand as a beacon of assurance. The demand for certified products, ranging from organic and non-GMO to fair trade, gluten-free, and animal welfare, is witnessing a significant upswing.
Certification bodies are adapting to this surge by tailoring programs to meet diverse consumer needs, while stringent regulations are being implemented globally to uphold food safety standards. The market is experiencing robust growth as countries worldwide embrace certification programs, leveraging technological advancements like blockchain to enhance transparency in the food supply chain.
As processed and convenient foods gain prominence and e-commerce becomes integral to our lives, the importance of food certification is further underscored. The rise of online food delivery platforms emphasizes the need for certified products that consumers can trust.
The demand for halal and ‘free-from’ certified food is a notable driver, prompting companies to adopt rigorous certification methods. This not only aligns with consumer preferences but also establishes and maintains trust in the food industry.
The market’s trajectory points towards continued growth, fueled by the global expansion of the food sector and a rising demand for halal products, particularly in Middle Eastern countries.
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Key Takeaways:
In 2024, the United States held a prominent share of 8.6% in the food certification market. The country faces challenges related to foodborne illnesses, with 48 million cases recorded annually and nearly 128,000 hospitalizations. Increased adoption of processed meat products has led to fraud cases.
Japan is expected to have a growth opportunity in the food certification market, holding over 4.1% of the global market share. The increasing demand for organic food has led to the initiation of certification programs by governing bodies. The growing awareness of clean-label ingredient food and strict regulations imposed by food regulatory bodies contribute to the market’s growth in Japan.
In India, the food certification market is driven by the clean-label food movement, increasing health awareness, and the rise in demand for kosher and halal food certification. The prevalence of foodborne diseases in the country has created a need for food certification, with India having a high number of reported cases.
China’s food certification market is anticipated to expand by 11.2% in the next decade. The expansion of food infrastructure and the rising demand for processed meat contributes to the increasing need for food certification. The country has experienced outbreaks of foodborne diseases, leading to strict norms and regulations imposed by regulatory bodies.
Free from certifications, ISO 22000 is expected to gain traction in the food certification market, holding 11.2% of the market value share. The increasing demand for organic and natural products, along with government initiatives and clean-label food awareness, drives the need for certification.
Among the primary applications in the food certification market, bakery and confectionery products hold a significant share of 12.8%. Certification programs ensure the quality, safety, and integrity of these products, assuring consumers.
Competitive Landscape
Bureau Veritas, Eurofins Scientific, Intertek Group PLC, SGS Group, and NSF International are some of the prominent competitors in this sector. Mergers and acquisitions are also allowing these big businesses to maintain their dominance over other regional competitors in the market. For example,
• In September 2021, Bureau Veritas purchased AET France, a testing company established in France that provides product development and other testing services to consumers.
• Intertek Group PLC is going to launch a new vegan food certification mark in September 2022 to assure complete trust in product claims. The Intertek Vegan Certification is meant to examine the suitability of food products for vegan and plant-based customers.
Food Certification Market by Category
By Type:
• BRC Food
• IFS Food
• ISO 22000
• FSSC 22000
• HACCP
• Global GAP
• Organic
• Kosher
• Halal
• Others
By Application Type:
• Bakery & Confectionery
• Dairy Products
• Processed & Packaged Food
• Infant Food
• Alcoholic & Non-alcoholic Beverages
• Functional Food
• Meat & Poultry Products
• Seafood
By Region:
• North America
• Latin America
• Europe
• South Asia & Pacific
• East Asia
• The Middle East & Africa (MEA)

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Europe Malt Extract Market to Expand Significantly by 2033
The Europe malt extract market is valued at US$ 9.8 Bn in 2021. The market is likely to grow at a CAGR of 5.6% through 2026, reaching US$ 12.9 Bn by 2026.
In 2017, the Europe malt extract market is estimated to be valued at a little over US$ 7,900 Mn and is expected to reach more than US$ 12,900 Mn by the end of 2026, registering a CAGR of 5.6% over the forecast period. The market is estimated to represent an incremental dollar opportunity of US$ 5,411.5 Mn between 2016 and 2026.
Rising consumer awareness about the high nutritive value of diastatic malt extract will continue to drive the growth of the Europe malt extract market Increasing health awareness and rising consumer demand for traditional foods will also influence demand. However, the non-availability of substitutes and shortage of malt owing to increasing usage in breweries can impede demand. These insights are according to a new research report by Future Market Insights.
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Diastatic malt extract is derived from sprouted grains and is used as a substitute product replacing sugar and honey needed to feed yeast in bakery products. Another important feature of diastatic malt is that it can also reduce the need for additional artificial sugar in bakery products and thus can be labelled as sugar-free. Also, as diastatic malt is rich in vitamins and enzymes, it increases the nutritional value of baked products and also helps in extending the shelf life of baked products.
The key trends influencing the Europe malt extract market include,
• Increasing preference for gluten-free bakery products: Concerns about rising obesity levels is prompting consumers in Europe to opt for gluten-free bakery products. Gluten-free malt extract is used as a colouring and sweetening agent in a variety of products. Owing to this, it is expected that demand for malt extracts will witness steady growth during the period 2016-2026.
• Government regulation on additive-free products: The industry-wide focus on additive-free products has led to increased demand for malt extracts, as these reduce the need of adding synthetic flavours, resulting in extended shelf life of products.
• Marketing aligned with ‘health and wellness’: Manufacturers are focusing on selling the ‘health and wellness’ attributes of malt extracts, by creating relevant marketing campaigns.
• Preference for sugar-free label products: Non-diastatic malt extracts naturally convert to sugar, reducing the need for addition of sugar. Owing to these factors, demand for malt extracts is expected to witness an increase during 2016-2026.
A Highly Fragmented Market
Top three players – Group Soufflet, VIVESCIA Industries, and Cargill Incorporated – account for over 28% volume share of the Europe malt extract market. The Europe malt extract market remains quite fragmented fifteen players accounting for nearly 72% volume share. Both established and emerging players are focusing on increasing their production capacity and acquisition of niche players to boost their market position.
The Europe malt extract market was valued at US$ 7.53 billion in 2016. Future Market Insights projects it to grow at 5.6% CAGR during the forecast period 2016-2026, reaching US$ 12.94 billion in revenues.
Barley Remains the Largest Source
Barley remains the largest source for malt extracts, accounting for nearly 75% revenue share of the market in 2016. In 2016, this segment was valued at US$ 5.63 billion; in terms of volume, demand for barley was worth nearly 9 million tonnes in 2016. Wheat remained the second largest source, followed by rice and rye.
Dry Malt Extracts Continue to Witness Higher Demand
Malt extracts are available in dry and liquid form, with the former accounting for bulk of demand. Demand for dry malt extracts will continue to remain higher than liquid variants throughout the forecast period. While dry malt extract volume is projected to grow at 4.6% CAGR, demand for liquid malt extracts will grow at 3.9% CAGR.
Standard Outsells Speciality
Future Market Insights has also segmented the Europe malt extract market on the basis of product type into standard and specialty. The standard segment accounted for over 77% revenue share of the market in 2016; this is expected to decrease to 76% by the end of forecast period.
Beverages Largest Application Segment
Beverages continue to remain the largest application segment of malt extracts. This segment held 48% revenue share of the market in 2016. Bakery and confectionary remain the other key application segments.
Western Europe Accounts for Bulk of the Demand
Demand for malt extracts is concentrated in Western Europe, owing to the presence of a large number of manufacturers. Future Market Insights projects Western Europe to remain the dominant region for malt extracts during the forecast period.
Market Taxonomy
By Application:
• Bakery
• Confectionary
• Beverages
• Alcoholic
• Non-Alcoholic
• Animal Feed
• Pharmaceuticals
By Source:
• Barley
• Wheat
• Rice
• Rye
By Product Form:
• Dry
• Liquid
By Product Type:
• Standard
• Speciality

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Ammolite Abundance: Exploring the Kaleidoscope of Ancient Opulence

The ammolite is tied with various myths and beliefs which add on to the mysterious appearance of this stone. Ammolite, an opal stone, bears a striking resemblance to some of the most vibrant organic gems, primarily found in the eastern slopes of the Rocky Mountains in North America. This visually captivating gemstone is renowned worldwide for its iridescent effect, displaying a full spectrum of colors when light reflects from various angles, rivaling opal and labradorite in terms of beauty and intensity. Due to its vibrant hues and a lustrous appearance it is often worn as the jewelry in forms of the Ammolite Ring, Ammolite Pendant, Ammolite Earrings, Ammolite Necklace and Ammolite Bracelet.
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Essential Fatty Acids Market Insights | Industry Outlook, Size, Growth Factors and Forecast To 2033
Future Market Insight projects that the global essential fatty acids market could achieve considerable growth, with an estimated value of US$ 13.87 billion by 2033. This remarkable growth is anticipated to be driven by a CAGR of 9.9%. It signifies a substantial rise from the projected value of US$ 5.37 billion in 2023.
Essential fatty acids, such as omega-3 and omega-6, are pivotal in maintaining overall health. They are necessary for brain development, cardiovascular health, inflammation reduction, and immune system support. The heightened awareness of these health benefits among consumers is fostering a strong demand for essential fatty acids.
As individuals strive to lead healthier lifestyles, there is a growing emphasis on nutritional supplements and functional foods enriched with essential fatty acids. People are increasingly recognizing the significance of a balanced diet and engaging in proactive healthcare measures. This surge in health consciousness is fueling the demand for essential fatty acids across various product forms.
The nutraceutical industry, encompassing dietary supplements and functional foods, has grown substantially in recent years. Essential fatty acids are pivotal in this industry, serving as key ingredients in various health products. The expanding nutraceutical market presents a significant opportunity for the essential fatty acids market players.
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The global prevalence of chronic diseases, such as heart disease, obesity, diabetes, and cognitive disorders, is on the rise. Essential fatty acids have demonstrated their potential in reducing the risk and managing the progression of these ailments. Consequently, consumers are increasingly turning to essential fatty acid supplements and functional foods as part of their disease management and prevention strategies.
The pharmaceutical industry has recognized the therapeutic potential of essential fatty acids. Numerous studies have shown that these fatty acids are crucial in maintaining proper brain function, reducing inflammation, improving cardiovascular health, and supporting overall well-being. Hence, it has been actively exploring their use in the development of new drugs for the treatment of chronic diseases.
The food and beverage industry is experiencing substantial growth, with a notable focus on functional and fortified products. Essential fatty acids are incorporated into various food and beverage offerings to enhance their nutritional value and health benefits. This encompasses fortified dairy products, functional beverages, infant formulas, and bakery and confectionery items. The thriving food and beverage industry is driving essential fatty acids market expansion.
Plant-based sources of essential fatty acids, such as flaxseed, chia seeds, hemp seeds, walnuts, and algae, are gaining traction due to their sustainability and potential health advantages. Increasingly, individuals are becoming aware of the environmental impact of animal-based sources and embracing vegetarian and vegan diets. This shift in consumer preferences is fueling the demand for plant-based essential fatty acids.
Essential fatty acids are gaining popularity in the cosmetics and personal care industry due to their potential benefits for skin health and beauty. Omega-3 and omega-6 essential fatty acids, renowned for their moisturizing and anti-inflammatory properties, are sought-after ingredients in skincare products.
To ensure that essential fatty acids are effectively absorbed and utilized by the body, manufacturers are continuously seeking to improve their bioavailability. To enhance the bioavailability of essential fatty acids, manufacturers are developing new delivery systems, such as soft gels, capsules, and powders. These delivery systems aim to improve the stability and release characteristics of essential fatty acids.
Key Takeaways from the Essential Fatty Acids Market
• The essential fatty acids industry in the United Kingdom is anticipated to rise sizably, exhibiting a CAGR of 9.2% through 2033.
• The United States held a 29.4% share of the global essential fatty acids industry in 2022.
• With a CAGR of 12.3% over the forecast period, India is predicted to develop rapidly in the essential fatty acids industry.
• In 2022, Japan had a 4.5% share of the essential fatty acids industry globally.
• The essential fatty acids industry in China is expected to flourish speedily, registering a CAGR of 10.6% over the forecast period.
• Germany accounted for 7.9% of the global essential fatty acids industry in 2022.
Competitive Landscape in the Essential Fatty Acids Market
Key players are actively engaged in various strategic initiatives to maintain their market position and drive growth. These initiatives typically include
• product development and innovation
• partnerships and collaborations
• mergers and acquisitions
• geographical expansion
Companies are investing in research and development to introduce new and advanced essential fatty acid products with enhanced functionalities and health benefits. Additionally, they are forming strategic partnerships and collaborations with suppliers, distributors, and healthcare organizations to expand their market reach and distribution network. Moreover, mergers and acquisitions are also witnessed as key players aim to consolidate their market presence and gain a competitive edge.
Recent Developments by Key Players
Neptune Wellness Solutions Inc. launched Forest Remedies’ Multi Omega 3-6-9 gummies and soft gels in July 2021. These innovative products feature Ahiflower as a prominent ingredient and offer a natural solution for meeting the body’s nutritional needs.

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