HACCP (Hazard Analysis and Critical Control Points) is a food safety management system that helps identify and control potential hazards in food production. While implementing HACCP can be costly, it can also lead to cost savings in the long run by reducing the risk of food safety incidents and improving overall food safety and quality. Additionally, many retailers and food service providers require their suppliers to have HACCP certification, making it a requirement for doing business with them. So it could be profitable for some companies.
