Press release
Food Traceability Market Is Accounted For $11.25 Billion In 2017 And Is Expected To Reach $20.95 Billion By 2026 Growing At A CAGR Of 7.15%
Report Sellers has added a new market research report “Food Traceability - Global Market Outlook (2017-2026)” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.According to the report, the Global Food Traceability Market is accounted for $11.25 billion in 2017 and is expected to reach $20.95 billion by 2026 growing at a CAGR of 7.15% during the forecast period.
Growing consumer concern for food safety, high demand in emerging economies, stringent export regulations and the increasing penetration of modern retail, such as supermarkets and hypermarkets are some of the key factors driving the market growth. However, factors such as associated cost, additional cost on traceability systems, varying needs for different products, lack of stringent laws in developing nations and privacy issues for data sharing are hindering the market growth.
By technology, Radio-frequency identification (RFID) segment is predicted to have considerable market share during the forecast period owing to real time tracking of food items irrespective of weather conditions. By geography, Europe is one of the most concerned regions for food safety. The policies related to food safety are most severe in Europe, as compared to any other region. Food and feed traceability has been necessary in Europe, since 2002 for all types of food businesses in the region. Food Trace is one of the programs in the region that is considered to improve traceability procedures between businesses. It demands the establishment of a defined identification system and a network of databases, in order to consolidate and share the information.
Browse through the complete description and in-depth TOC on “Global Food Traceability”
https://www.reportsellers.com/market-research-report/Food-Traceability-Market
Report offering
• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements
Report Segments
• Technologies Covered:
o Infrared
o Biometrics
o Global Positioning System (GPS)
o Radio-Frequency Identification (RFID)
o Barcodes
o Near Field Communication (NFC)
• Equipments Covered:
o 2D & 1D scanners
o Sensors
o Tags and labels
o Thermal printers
o Other Equipments
• End Users Covered:
o Warehouse
o Government Departments
o Manufacturer
o Retailer
o Farmers
o Defense & Security Departments
o Other End Users
• Applications Covered:
o Seafood Products
o Fresh Food & Seeds
o Beverage Products
o Meat & Poultry
o Dairy Products
o Canned or Bottled Food
o Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
For the Sample please visit link given below on “Food Traceability Market”
https://www.reportsellers.com/market-research-report/Food-Traceability-Market
Related Reports:
• https://www.reportsellers.com/market-research-report/Food-Traceability-Market
• https://www.reportsellers.com/market-research-report/Organic-Rice-Protein-Market
We have a large number of reports in Food industry which can be accessed in the following link:
https://www.reportsellers.com/market-research-report/Organic-Rice-Protein-Market
About Report Sellers
Report Sellers is a premium Market Research Service Provider offering market reports in varied sectors. We have a team of experienced analysts and publishers who continuously track the latest trends in different industries.
Report Sellers is a brand of global repute and offers the best suited research services to its clients globally in the most satisfying manner. We have a strong network of industry experts who have successfully delivered complex research assignments in niche and top markets.
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Report Sellers
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Direct: +1-214-396-2385
Report Sellers is one of the leading providers of research services and is a one stop solution for a wide range of research requirements. We have an exhaustive collection of market research reports from leading publishers and research firms across the globe. We have offered research reports to several small and large organizations which have reaped benefits from insightful reports from leading publishers. We have market reports in virtually all the industry segments including Energy, Chemicals, Advanced Materials, Automotive, Aerospace, and Defense.
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