Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Food Certification market in this environment.
In terms of revenue, this research report indicated that the global Food Certification market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Food Certification industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ? SGS aims at producing XX Food Certification in 2020, with XX % production to take place in global market, ? ? Intertek accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Food Certification Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Food Certification Market?
SGS
Intertek
BV
ALS
NSF
JFRL
TUV
Lloyd's Register
COFFCC
...
Major Type of Food Certification Covered in XYZResearch report:
Green Food
Organic Food
Other
Application Segments Covered in XYZResearch Market
Read to Eat Food
Rough Machining Food
Deep Processing Food
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Food Certification Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Green Food -Product Introduction and Major Manufacturers
1.1.2 Organic Food -Product Introduction and Major Manufacturers
1.1.3 Other -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Food Certification Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Food Certification Market
3.1.1 Top Companies leading Food Certification Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Food Certification Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Food Certification Market
3.2.1 Top Companies leading Food Certification Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Food Certification Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Food Certification Market
3.3.1 Top Companies leading Food Certification Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Food Certification Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Food Certification Market
3.4.1 Top Companies leading Food Certification Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Food Certification Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Food Certification Market
3.5.1 Top Companies leading Food Certification Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Food Certification Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Food Certification Market
3.6.1 Top Companies leading Food Certification Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Food Certification Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Food Certification Market
3.7.1 Top Companies leading Food Certification Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Food Certification Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Food Certification Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Food Certification Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Food Certification Sales and Growth Rate (2021-2026)
5.2 Global Food Certification Sales Value and Growth Rate (2021-2026)
6 Food Certification Competitive Analysis
6.1 SGS
6.1.1 SGS Company Profiles
6.1.2 SGS Product Introduction
6.1.3 SGS Food Certification Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Intertek
6.2.1 Intertek Company Profiles
6.2.2 Intertek Product Introduction
6.2.3 Intertek Food Certification Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 BV
6.3.1 BV Company Profiles
6.3.2 BV Product Introduction
6.3.3 BV Food Certification Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 ALS
6.4.1 ALS Company Profiles
6.4.2 ALS Product Introduction
6.4.3 ALS Food Certification Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 NSF
6.5.1 NSF Company Profiles
6.5.2 NSF Product Introduction
6.5.3 NSF Food Certification Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 JFRL
6.6.1 JFRL Company Profiles
6.6.2 JFRL Product Introduction
6.6.3 JFRL Food Certification Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 TUV
6.7.1 TUV Company Profiles
6.7.2 TUV Product Introduction
6.7.3 TUV Food Certification Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Lloyd's Register
6.8.1 Lloyd's Register Company Profiles
6.8.2 Lloyd's Register Product Introduction
6.8.3 Lloyd's Register Food Certification Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 COFFCC
6.9.1 COFFCC Company Profiles
6.9.2 COFFCC Product Introduction
6.9.3 COFFCC Food Certification Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
7 Conclusion
The Smart Grid Testing and Certification Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape...
The Dry Bulk Food Transportation Service Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape...
The Food Cold Chain Logistics Service Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, m...
The Pet Food For Chronic Conditions Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, man...
The Workplace Food Delivery Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ma...
The Contactless Food Ordering Systems Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, m...
The Food Temperature Controlled Warehouse Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscap...
The Food Franchise Management Solutions Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape,...
The Carbon Footprint Certification Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landsc...
The Enterprise Building Product Certification Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive land...