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According to MarketsandMarkets, the food certification market is projected to reach USD 7.4 billion by 2028 from USD 5.6 billion by 2023, at a CAGR of 5.7% during the forecast period in terms of value. There is a rising global demand for food certifications, Food certifications ensure compliance with regulatory requirements imposed by governments and regulatory bodies. By adhering to these regulations, companies minimize the risk of penalties, fines, or legal actions. Compliance with food safety regulations is crucial for maintaining consumer trust, market access, and business continuity. 

Food certifications require companies to establish robust food safety management systems. These systems help identify and mitigate potential risks within the food production process. By implementing best practices and adhering to certification requirements, companies improve their ability to prevent, detect, and address food safety issues, thereby minimizing risks to consumers and their brand reputation. Food certifications instill consumer trust and confidence in the safety and quality of products. By displaying certification labels or logos, companies communicate their commitment to food safety and build trust with consumers, which strengthens brand loyalty and repeat purchases. Certified products are perceived as meeting stringent standards and being subject to regular audits and inspections.

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Food certifications provide a competitive edge by distinguishing certified products in the market. Certified products demonstrate a company’s dedication to meeting higher safety and quality standards, giving consumers assurance and influencing their choices in favor of certified options. Developing markets such as Brazil, China, Argentina, and India are emerging as growth prospects for certified food fueled by increasing investment in health and nutrition. As the demand for safe, high-quality, and sustainable food products grows, the significance of food certification cannot be overstated. Certifications ensure consumer safety, provide quality assurance, support regulatory compliance, facilitate market access, and address consumer preferences for transparency and ethical practices. Businesses across the food supply chain must recognize the importance of certifications in gaining a competitive edge, enhancing brand reputation, and meeting evolving consumer expectations. By investing in food certifications, companies not only protect consumer health but also contribute to the overall integrity and sustainability of the global food system.

Europe is experiencing rapid growth in the food certification market, making it the fastest growing region globally. Several factors contribute to this growth and highlight the region’s potential including, the strict regulations, and consumer shift towards safe and certified food. European consumers prioritize food safety and quality. They are increasingly concerned about the origin, production methods, and ingredients in their food. Certifications provide reassurance to consumers and address their demand for safe and trusted food products. European governments support food certifications through subsidies, incentives, and awareness campaigns. This support encourages businesses to obtain certifications and contributes to market growth. Industry collaborations and the development of standardized certification schemes have further boosted the food certification market in Europe. Organizations and associations work together to establish industry-wide standards, ensuring consistency and credibility in certifications. These factors collectively contribute to the growth of the food certification market in Europe, as businesses recognize the importance of certifications in meeting regulatory requirements, addressing consumer preferences, ensuring market access, and enhancing brand reputation.

Top Companies in the Food Certification Market

DEKRA (Germany)

SGS (France)

Intertek Group plc  (UK)

AsureQuality (New Zealand)

Bureau Veritas (France)

LRQA (UK)

DNV (Norway)

TÜV SÜD (Germany)

Kiwa (Netherlands)

ALS (US)

UL LLC (US)

EAGLE Certification Group (US)

INTL Certification Limited (UK)

Assurecloud (Africa)

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DEKRA (Germany)

DEKRA, as a leading provider of food certification services, benefits from the increasing need for businesses to comply with stringent food safety and quality regulations. The company’s presence in multiple countries allows it to tap into the growing global market for food certification. DEKRA also supports companies in improving workplace safety and health through various services such as safety audits, risk assessments, training programs, and consultancy as international trade continues to expand, companies seeking to export their food products require certifications that comply with import regulations, creating a significant driver for DEKRA’s services. DEKRA’s food certifications enables it to meet regulatory requirements and demonstrate their commitment to ensuring consumer safety.

SGS (France)

SGS is a prominent global company providing inspection, verification, testing, and certification services across various industries, including the food sector. In the food certification market, SGS plays a significant role in ensuring the safety, quality, and compliance of food products throughout the supply chain. SGS helps businesses comply with internationally recognized food safety standards such as ISO 22000, FSSC 22000, BRCGS, SQF, and IFS. These certifications demonstrate that the company has implemented robust food safety management systems and adheres to strict hygiene and quality control measures.

There is a growing demand for transparency and traceability in the food supply chain. Consumers want to know where their food comes from and how it is produced. Food certifications provided by SGS help companies demonstrate the transparency of their supply chains.

Intertek Group plc (UK)

Intertek Group plc is a renowned global provider of testing, inspection, and certification services, including food certification. With expertise across various industries, Intertek assists food businesses in ensuring the safety and quality of food. In terms of food certification, it offers a comprehensive range of services tailored to the needs of food manufacturers, retailers, and regulatory bodies. This includes certifications for food safety, product quality, and supply chain transparency. Additionally, Intertek conducts allergen and contaminant testing and provides regulatory compliance support which enables the company to provide risk and allergen free certification facilities to its customers. The company has 23 principal subsidiaries and 29 food testing laboratories around the world.

Key Questions Addressed by the Food Certification Market Report:

Which region is projected to account for the largest share in the food certification market?

What is the current size of the global food certification market?

Which are the major key players in the market?

What are the factors driving the food certification market?

Which segment by risk category accounted for the largest food certification market share?

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About MarketsandMarkets™

MarketsandMarketsTM has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
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Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/food-certification-market-82063283.html

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“MarketsandMarkets™”

The meat processing equipment market size is projected to grow from USD 6.8 billion in 2019 to USD 9.7 billion by 2026, recording a compound annual growth rate (CAGR) of 5.2% during the forecast period. Meat processing equipment is used to convert raw meat into the required finished meat product commercially through processes such as cutting, slicing, washing, blending, mixing, grinding, drying, thermal processes, freezing, coating, and cooling. The demand for meat processing equipment is increasing with the growth of the food and meat industry, owing to the increasing consumption of convenient meat products such as raw cooked meat, precooked meat, baked meat, dried meat, and other processed meat products.

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The fresh processed meat segment is projected to account for the largest market share in the meat processing equipment market during the forecast period.

The meat processing equipment market is segmented, on the basis of product type, into fresh processed meat, raw cooked meat, precooked meat, raw fermented sausage, cured meat, dried meat, and other product types (sun drying, mincing, and grinding) The fresh processed meat segment is projected to be a leading segment in the meat processing equipment market due to increased consumer preference for fresh processed meat. Some of the fresh meat products preferred by consumers include sausages, patties, and kebabs.

The processed pork segment in the meat processing equipment is estimated to dominate the market in 2019.

By meat type, the market for processed pork is estimated to dominate the meat processing equipment market in 2019. The demand for processed pork is high in major regions such as North America and Europe since processed pork is cheaper than processed beef and tastes better than processed mutton. Also, processed pork is available in a number of varieties such as ham, bacon, and sausages, which are very popular in the western countries, such as France and Germany, which account for a significant market share in the processed meat category.

The North American region is projected to account for the largest market share in the meat processing equipment market during the forecast period.

The North American region is projected to account for the largest market share in the meat processing equipment market during the forecast period. This can be attributed to owing to the largest concentration of meat processors, equipment manufacturers, and distributors involved in the meat processing equipment market. Furthermore, the shortage of labor in this region and the availability of varied equipment are other factors driving this market. Owing to a higher demand for processed meat, many beef processors are present in the region, which has also contributed to its market growth.

Top Companies in the Meat Processing Equipment Market

Key meat processing equipment players include GEA Group (Germany), JBT Corporation (US), Marel (Iceland), Illinois Tools Work (US), The Middleby Corporation (US), Bettcher Industries (US), Equipamientos Carnicos (Spain), Biro Manufacturing Company (US), Braher (Spain), RZPO (Russia), Bizerba (Germany), Riopel Industries (Canada), Minerva Omega Group (Italy), Risco (Italy), Millard Manufacturing Corporation (US), Apache Stainless Equipment Corporation (US), Gee Gee Foods & Packaging (India), PSS Svidnik (Presovsky), Ross Industries, Inc. (US), and Metalbud Nowicki (Poland). Agreements, product launches, partnerships, and acquisitions were the dominant strategies adopted by major players. These strategies have helped them to increase their presence in different regions.

GEA Group (Germany) is involved in the designing and manufacturing of food processing equipment and other industrial processing equipment catering to the chemical, pharmaceutical, marine, and other industries. The company operates in two major segments: BA equipment and BA solutions. It offers meat processing equipment, such as slicers, injectors, and massagers, under its BA equipment segment, through one of its subsidiaries,  GEA Process Engineering Ltd. (Denmark).  It focuses on developing products with advanced technologies to keep meat fresh for a longer duration. For instance, in February 2019, GEA introduced a new injection system, Multijector 2mm, that would be used for brining bacon/pork to keep them fresh for a longer duration.

Marel (Iceland) is engaged in the manufacturing of processing equipment for the meat, fish, and poultry industries. It operates through four major segments: meat, fish, poultry, and others (water treatment, intralogistics, alternative proteins, and potatoes). Marel is continuously focused on developing new and innovative products to expand their product portfolios with an emphasis on offering customized products as per customer demands. Also, it is focused on innovating products to increase its range of applications. It follows the strategy of acquiring other companies to expand its product portfolios, services, geographical footprint, and customer base. For instance, in October 2019, it acquired Cedar Creek Company (Australia), a firm specializing in software and hardware for meat processors, which would aid the company to manufacture more innovative products and to expand its production line.

Schedule a call with our Analysts to discuss your business needs: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1253

About MarketsandMarkets™

MarketsandMarketsTM has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/meat-processing-equipment-market-1253.html

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“MarketsandMarkets™”

The spray drying equipment market is on the path to steady expansion, with a predicted CAGR of 5.9% in the next few years, propelling its market size to an impressive US$ 6.8 billion by 2027 from an estimated value of US$ 5.1 billion in 2022.This growth is driven by the increasing demand for processed food products and the rise in adoption of spray drying techniques in various industries, such as food, pharmaceuticals, and chemicals. With spray drying offering benefits like longer shelf life, reduced transportation costs, and enhanced product quality, this technology is gaining popularity among manufacturers worldwide. As a result, the market for spray drying equipment is poised to experience significant expansion in the coming years, providing opportunities for players in the industry to innovate and meet the demands of a growing market.

Spray drying equipment is a technology used to convert liquid or slurry-based feedstock into dry powder form. This equipment works by spraying the liquid feedstock into a hot gas stream, evaporating the liquid content and leaving behind the dry powder particles. Spray drying is commonly used in industries such as food, pharmaceuticals, chemicals, and ceramics to produce powdered products with desirable properties such as longer shelf life, improved stability, and increased solubility. Spray drying equipment includes components such as atomizers, dryers, air filters, and cyclones, among others. The market for spray drying equipment is on a steady rise, driven by the increasing demand for processed food products and the adoption of spray drying techniques in various industries.

Spray Drying Equipment Market Opportunities: Innovative product development and application in the pharmaceuticals and ceramic industries

Spray drying is one of the most widely used technologies in pharmaceuticals today, primarily to precisely convert a liquid feed into powder while maintaining the active ingredient’s purity, morphology, and stability. The most recent spray drying equipment market innovations have expanded the scope of spray-drying techniques in the pharmaceutical industry. One of the new areas of spray drying application is nasal drug delivery. The primary goal of nasal drug delivery is to deposit drug particles in the targeted tissues. A significantly small particle size of less than five micrometers in aerodynamic diameter is required for pulmonary applications of dry powders. Spray drying is a particle engineering technique which makes it possible to address specific needs and design particles accordingly and formulate sensitive APIs such as proteins or peptides.

The constant innovations in the field of spray drying, applications in bioceramics and biodegradable polymer industries are a key factor that is projected to create potential growth opportunities for global spray drying players in the coming years.

Challenges : Infrastructural challenges in developing countries

The saturated markets of developed countries encourage spray drying equipment manufacturers to look for untapped markets and new consumer bases. This necessitates significant investments in various aspects of business expansion, especially the establishment of new facilities in developing countries. Aside from internal facility investments, manufacturers must also spend more on the development of efficient supply chain management and the storage of raw materials and finished goods. Although low raw material and labor costs benefit businesses, the investment costs for infrastructure development pose a significant challenge.

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By application, pharmaceuticals lead the application segment due to their versatility

The spray drying process in the pharmaceutical industry involves continuous production while maintaining consistency in quality. Some pharmaceutical products are produced in crystal form which is difficult to use. Crystalline products do not dissolve easily in water and are absorbed slowly. Therefore, they currently witness low demand due to their bioavailability. Spray dryers dry the crystal compound once it has been dissolved in water for easier absorption. Drugs that are offered in their crystal forms are difficult for the body to use. Therefore, spray dryers make them more readily available and usable for the body. Spray drying can offer commercial and medical advantages with encapsulation as it helps in providing particles with the ability to be controlled in a time-release pattern. The substance is spray-dried and then compressed into a capsule form. The prolonged release of antibiotics allows a reduction in the dosage or concentration and can be effective when treating chronic illnesses.

Another major advantage offered by the spray-dried processing of medicines is that the process used to develop spray-dried products helps reduce vitamin and mineral content loss.

The most recent application of spray dryers in the pharmaceutical industry is witnessed in drug inhalation. Some important drugs that are to be administered through inhalation require the particle size to be maintained at the micro-level. Spray dryers offer the manufacturers to modify the particle size as per their requirements. This technology is expensive and, at present, is used at smaller production scales. The cost of commercially producing directly inhaled drugs is being reviewed so that their overall costs can be reduced.

The Asia Pacific region is projected to be the fastest-growing market for spray drying equipment

China and Japan accounted for a major market share in the Asia Pacific region. The growth potential of the infant formula and baby food markets in countries such as China, Japan, and India have resulted in an increase in demand for spray drying equipment.

In recent years, the Asia Pacific food encapsulation market has grown significantly. Encapsulation is used in food, dietary supplements, functional food, and other products. The rise in consumer demand for nutritional products is attributed to the markets expansion. As the spray drying process is widely used in food encapsulation techniques, the Asia Pacific spray drying equipment market is expected to expand.

Top Companies in the Spray Drying Equipment Market

The Major Players are GEA Group (Germany), SPX Flow (US), Shandong Tianli Drying Technology and Equipment (China), Büchi Labortechnik (Switzerland), European Spraydry Technologies (UK), Dedert Corporation (US), Changzhou Lemar Drying Engineering (China), Acmefil Engineering Systems Pvt. Ltd (India), New AVM Systech (India), Advanced Drying Systems (India), Labplant (UK), Swenson Technology Inc. (US), Yamato Scientific America (US), Tetra Pak International S.A (Switzerland), G Larsson Starch Technology Ab (Sweden).

GEA Group develops and produces process technology and equipment for various industries such as food, pharmaceuticals, and chemicals. Engineering solutions offered by GEA range from single pieces of equipment to complete plants. The spray dryers offered by GEA cater to several food & beverage applications. GEA operates in over 60 countries across North America, North & Central Europe, DACH & Eastern Europe, Latin America, Western Europe, Middle East & Africa, and Asia Pacific.

In February 2021, The GEA OptiPartner software solution and FSD dryer were ordered by Seagarden. The GEA FSD dryer went into production in Q3 of 2022. Fish-based collagen-peptide is a hydrolyzed form of collagen extracted from wild cod skins that is used in the food, beverage, and cosmetics industries.

SPX FLOW is one of the leading global suppliers of highly specialized engineering solutions and equipment. It has operations in more than 35 countries and sales in over 150 countries across the globe. The company particularly serves the food, beverage, oil & gas, power generation (nuclear and conventional), chemical processing, compressed air, pharmaceutical, and mining markets globally. The product portfolio of this company includes pumps, valves, mixers, spray dryers, filters, air dryers, hydraulic tools, homogenizers, separators, and heat exchangers, along with related aftermarket parts and services.

In August 2022, SPX FLOW, Inc. announced a new collaboration with Flottweg. Both companies will be able to design, supply, install, and commission end-to-end plant-based process solutions for customers in the nutrition, health, food, and beverage industries as a result of the collaboration. SPX FLOW brings to the partnership superior expertise in process technologies such as mixing, blending, separation, heat treatment, fermentation, evaporation, spray drying, membranes, and homogenization.

BÜCHI Labortechnik is one of the leading technological solution providers, particularly in laboratory equipment and commercial production equipment, globally. The company offers laboratory evaporation, industrial evaporation, spray drying, and encapsulation technologies to serve the pharmaceuticals, chemicals, food & beverages, feed, environmental analysis, and academic institutions sectors. It operates in more than 100 countries and has offices in North America, Europe, Asia Pacific, and other regions.

Spray Drying Equipment Market Report Highlights:

Addition/Refinement in the market overview: Updated market-related drivers, restraints, and opportunities have been added to provide an in-depth overview of the market. Additional validated data give better insights into the current and future trends in the market.

Newly introduced trade data analysis: Additional trade data analysis for the market has been incorporated in the report. This gives a broader outline for clients with increasing exports and imports in a particular region and helps in the decision-making for prominent industry players. Regulatory framework and trade scenarios have been analyzed for every region covered in the study.

The company evaluation quadrant for both key players and start-up/SME players has been provided (with respect to 25 companies) according to the latest company developments. Key player strategies and revenue analysis of the top five market players have been included.

Schedule a call with our Analysts to discuss your business needs: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=229851536

About MarketsandMarkets™

MarketsandMarketsTM has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/spray-drying-equipment-market-229851536.html

Press Release Distributed by ABNewswire.com

To view the original version on ABNewswire visit: Spray Drying Equipment Market Size, Share, Industry Overview, Growth Drivers, Opportunities, Top Companies, and Revenue Forecast – 2027