Growing Popularity Of Food Certification Global Market Over The Period 2017 - 2021

Researchmoz added Most up-to-date research on "Growing Popularity Of Food Certification Global Market Over The Period 2017 - 2021" to its huge collection of research reports.

The global food certification market is driven by rules, standards, and regulations in different food application segments. Increase in consumer health consciousness and change in eating patterns are primarily boosting the popularity of certified food products globally. However, rising awareness about improving food quality coupled with increasing government regulations are stimulating the food certification market globally. Furthermore, improved standard of living is driving consumers to opt for certified food products as they perceive them to be safe for consumption.

Food certification is a process that can be applied to any stage of the food supply chain, right from primary production level to sales. Rising incidences of foodborne illness due to ingestion of contaminated food products is one of the key factors responsible for growing popularity of food certification. Food manufacturers are keen to obtain certification in order to attract consumers toward their products. Manufacturers also emphasize on certification to cope with rising competition globally. Furthermore, certified food products are perceived to be safe and secure as they pass through various verification processes. Consumers prefer to opt for certified food products to avoid unwanted health hazards caused due to consumption of contaminated food products.

Rise in number of food trade practices and food export is fueling the food certification market. Food products without proper certification are not considered for sale in certain countries. Food manufacturers aggressively focus on proper certification through audit and quality check to aid business expansion. Furthermore, audit and follow-up processes through various certification bodies ensure that the company has proper safety management systems.

By geography, the global food certification market is categorized into North America, Europe, Asia Pacific, and Rest of the World (RoW). The scope of the report offers an insight into food certifications in these regions based on revenue (USD billion). In addition, current and future trends in the food certification market are covered in the report.

Currently, Germany is dominating the market for food certification in Europe followed by the U.K. Furthermore, the U.S. dominates the market for food certification in North America. Increasing health consciousness coupled with consumer awareness regarding side effects of contaminated food products is driving the food certification market. China dominates the food certification market in Asia Pacific followed by India. Factors such as increased standard of living and rising preference for quality food products are positively influencing the food certification market.

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Key global certification bodies include ISO 22000, International Food Standard, British Retail Consortium, Safe Quality Food Standard, Kosher certification, Halal certification and Food Safety and Standard Authority of India, China Food and Drug Administration, Ministry of Food and Drug Safety, U.S. Department of Agriculture among others. These certification bodies through audit and follow-up ensure that companies who are involved in food production have proper food safety management systems in place. Furthermore, they ensure that food products are safe for consumption.

Based on application, the market is segmented into processed meat and poultry products, dairy products, infant food products, organic food, beverages, and other packaged food products. Consumers prefer certified food products due to growing awareness about food safety. Organic food products are gaining momentum due to rising health concern among consumers.

Demand for safe food products is increasing considerably. Furthermore, food safety management authorities along with consumers are increasingly concerned about the quality and safety of food products. Demand for certified food products is expected to significantly increase as these products are certified after meeting required standards of any authorized certification body. Changing consumer perception about safety and quality of food products coupled with growing preference for convenience food products are fueling demand for food certification globally.

Key players in the food certification market in North America, Europe, Asia Pacific, and RoW include Dekra SE, Bureau Veritas, AsureQuality Limited, Underwriters Laboratories Inc, SGS SA, Intertek Group plc, Lloyd's Register Group Limited.

Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
      1.2.1 Global food certification market segmentation, by type and application
1.3 Research Scope
1.4 Research Methodology

Chapter 2 Executive Summary
2.1 Global Food Certification Market Snapshot

Chapter 3 Global Food Certification Market Overview
3.1 Introduction
      3.1.1 Specific concerns about food hazards
      3.1.2 Food supply chain
      3.1.3 Management system of food safety

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Growing Popularity Of Cyber Insurance In United Kingdom

Researchmoz added Most up-to-date research on "Growing Popularity Of Cyber Insurance In United Kingdom" to its huge collection of research reports.

Cyber insurance has been growing in the UK market in recent years against the backdrop of increasing cyber attacks and data breaches - both in frequency and complexity. While cyber insurance cannot prevent data breaches, it is an important tool in recovering from one and minimizing the impact on business continuity and reputation.

Synopsis
Examine the key trends in cyber crime and how these will drive take-up of cyber insurance products.
Identify the regulation that is affecting the cyber insurance market, and its impact on insurers and how their customers report data breaches.
Analyze the potential growth areas of the market and how cyber insurance is likely to develop over the next few years.

ReasonsToBuy
How has the cyber insurance market developed over the past 12 months and where is it heading?

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What are the most notable changes in regulation that will affect the cyber insurance market in the UK?
How are insurers pricing their products?
Where does insurance fit among the best methods of response to a cyber attack?

Key Highlights
Initiating the right responses and involving the right experts in the post-data breach recovery process is vital for keeping claims costs at manageable levels. Failing to do so can quickly inflate costs.

A proficient pricing strategy will enable insurers to develop products covering a wider range of risks and ensure they are paid the right premium in return.

Cyber insurance will bring about a multidisciplinary task force whereby insurers collaborate with other cyber-related organizations to improve their understanding of the market and further develop their products.

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