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Global Food Traceability Market – Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024
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The global food traceability market is expected to grow from USD 11.89 billion in 2017 to USD 19.22 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 7.10%.
“Need to detect traces of contamination and assists product recall is one of the factors largely attributing to the growth of food traceability market globally”
The factors attributing to the growth of the market need to detect traces of contamination and assists product recalls, certifications and standardizations, growing consumer concern for food safety, and need for information flow upstream & downstream of the supply chain. However, some factors such as additional cost associated with the deployment of traceability systems, and coequal participation of stakeholders may hinder the market growth. The global food traceability market is expected to showcase the opportunities such as growing demand in emerging economies, and new product development. In the near future, the market may face possible challenges in the growth due to and data collection and accuracy issues. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global food traceability market.
On the basis of technology, the global food traceability market is studied across Barcodes, Biometrics, Global Positioning System, Infrared, and Radio-Frequency Identification.
On the basis of type, the global food traceability market is studied across Beverage Products, Dairy Products, Fresh Food Products, Meat & Poultry Products, and Seafood Products.
On the basis of end user, the global food traceability market is studied across Food Manufacturers, Food Retailers, Food Warehouses & Pack Farms, and Government Departments.
On the basis of geography, the global food traceability market is studied across the Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“Bar Code Integrators, Inc.: The potential growing player for the global food traceability market”
The key players profiled in the global food traceability market are Bar Code Integrators, Inc., Bio-Rad Laboratories, Inc., C.H. Robinson Worldwide, Inc., Carlisle Technology Inc., Cognex Corporation, E. I. du Pont de Nemours and Company, Honeywell International, Inc., International Business Machines Corporation, Mass Group Inc., Merit-Trax Technologies Inc., Motorola Solutions, Inc., Picarro Inc., SGS SA, and Zebra Technologies Corporation.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global food traceability market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global food traceability market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global food traceability market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global food traceability market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global food traceability market.
Table of Contents
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
2. Research & Forecasting
2.1. Research Methodology
2.1.1. Research Instruments
22.214.171.124. Secondary Instrument
126.96.36.199. Primary Instrument
2.1.2. Research Approaches
188.8.131.52. Bottom-up Approach
184.108.40.206. Top-down Approach
2.1.3. Research Reliability & Validity
2.1.4. Research Assumptions
2.1.5. Vendor Inclusion Criteria
2.2. Forecasting Methodology
2.2.1. Methodology for Market Estimation & Forecasting
2.2.2. Significance and Importance of the Market Estimation & Forecasting
3. Executive Summary
4. Premium Insight
4.1. Market Connectivity
4.2. Market Data Feed
4.3. Market Vendor Ranking Analysis
4.4. Market Dynamics
220.127.116.11. Need to detect traces of contamination and assists product recalls
18.104.22.168. Certifications and standardizations
22.214.171.124. Growing consumer concern for food safety
126.96.36.199. Need for information flow upstream & downstream of supply chain
188.8.131.52. Additional cost associated with the deployment of traceability Systems
184.108.40.206. Coequal participation of stakeholders
220.127.116.11. Growing Demand in Emerging Economies
18.104.22.168. New product development
22.214.171.124. Data collection and accuracy issues
4.5. Porter’s Five Forces Analysis
4.5.1. The threat of New Entrants
4.5.2. Threat of Substitutes
4.5.3. Bargaining Power of Customers
4.5.4. Bargaining Power of Suppliers
4.5.5. Industry Rivalry
4.6. Technology Trends
4.6.1. Poultry farm and farm management software
4.6.2. Quality management solutions
4.6.3. Warehouse management software
4.6.4. Enterprise resource planning (ERP)
4.6.5. Laboratory information system (LIS)
4.7. Value Chain Analysis
4.8. Regulatory Framework
5. Global Food Traceability Market, by Technology
5.4. Global Positioning System
5.6. Radio-Frequency Identification
6. Global Food Traceability Market, by Type
6.2. Beverage Products
6.3. Dairy Products
6.4. Fresh Food Products
6.5. Meat & Poultry Products
6.6. Seafood Products
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