Food Traceability Market Analysis Outlook (2019-2027): Global Industry Top Leading Players are Bio-Rad Laboratories, C.H. Robinson, Cognex Corporation, Honeywell, SGS, Picarro, Inc. and Probi AB
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food traceability market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
Bio-Rad Laboratories, C.H. Robinson, Cognex Corporation, Honeywell, SGS, Picarro, Inc., Probi AB, Carlisle Technology, MASS Group, Inc. and Merit-Trax Technologies Inc.
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The food traceability market is growing at a faster pace owing to factors such as technologically advanced in developing countries and growing consumer concern for food safety. Moreover, these technologies are adopted by various end-users from developing countries due to increasing awareness. Stringent government legislative framework, certifications & standardizations with respect to food safety and production are the prominent factors driving the global food traceability market growth. However, the high cost of traceability technology and privacy issue for data security are the major factors hindering the growth of this market. Moreover, new smart technology for easy and universal accessibility may bring a unique opportunity for the food traceability market players over the forecast period.
The global food traceability market is segmented on the basis of equipment, technology, end user and application. On the basis of equipment the global food traceability market is segmented into PDA with GPS, thermal printers, 2D & 1D scanners, tags & labels, sensors and others. Based on technology, the global food traceability market is bifurcated into RFID/RTLS, GPS, barcodes, infrared and biometrics. Based on end user, the global food tracebility market is catagorised on the basis of food manufacturers, warehouse/pack farms, food retailers, defense & security departments and others. On the basis of application, the food traceability market is classified into meat & livestock, fresh produce & seeds, dairy products. beverages, fisheries and others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global food traceability market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The food traceability market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the food traceability market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the food traceability market in these regions.
Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
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