Food Traceability Market Status Analysis and Forecast 2025|Top Companies are FoodLogiQ, Honeywell, DuPont, IBM, C.H. Robinson, Bio-Rad Laboratories, STid, your RFID partner !, Impinj, and Others

Global Food Traceability Market report can be used by both established and new players in the Food and Beverages industry for complete understanding of the market. The report provides intelligent solutions to the complex business challenges and commences an effortless decision-making process. The scope of this market research report include industry research, customer insights, market sizing & forecast, competitive analysis, market entry strategy, pricing trends, sustainability trends, innovation trends, technology evolution, and distribution channel assessment. Global Food Traceability Market research report is a painstaking investigation of current scenario of the market and future estimations which covers several market dynamics.

Global Food Traceability Market is expected to rise to an estimated value of USD 24.49 billion by 2026, registering a substantial CAGR of 9.30% during the forecast period of 2019-2026. This rise in market value can be attributed to rising need of its applications in various fields such as packaging, logistics, retail, storage, and handling.

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Global Food Traceability Market gives CAGR values along with its fluctuations for the specific forecast period. A transparent research method carried out with right tools and techniques makes this market research report world-class. This research study also helps businesses to understand the various drivers and restraints impacting the market during the forecast period. Global Food Traceability Market report helps you by giving actionable market insights and comprehensive market analysis. The key research methodology used here by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation.

Food traceability is the process of tracking food through all stages of processing, production and distribution. It covers up all important and retail decisions. The term traceability here reflects that all the movements can be traced at any point in the chain of supply, it’s easier in domestic supply chain whereas complex in international trade. Due to growing foodborne diseases, adulteration incidents there has been an increase in concern for food safety lead to adoption of food traceability systems globally.

Key Developments in the Market:

• In October 2018, Honeywell International Inc. announced that they have acquired Transnorm, a Germany-based warehouse automation business. This will benefit the company by expanding its product portfolio and will strengthen their business in the global market.
• In September 2016, C.H. Robinson Worldwide, Inc, a Minneapolis Minn. based global logistics services provider and freight forwarder company announced that they have acquired The Space Cargo Group, in efforts to expand globally. This will benefit the company by building its potential strength and serving it customer effectively by providing competitive pricing.

Global Food Traceability Market Competitive Analysis:

Global food traceability market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of food traceability market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Table of Contents

1. Introduction

2. Market Segmentation

3. Market Overview

4. Executive Summary

5. Premium Insights

6. Global, By Component

7. Product Type

8. Delivery

9. Industry Type

10. Geography

10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa

11. Company Landscape

12. Company Profiles

13. Related Reports

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Global Food Traceability Market By Technologies (Infrared, Biometrics, Global Positioning System (GPS), Radio-Frequency Identification (RFID), Barcodes, Near Field Communication (NFC)), End users (Warehouse, Government Departments, Manufacturer, Retailer, Farmers, Defense & Security Departments, Other), Applications (Seafood Products, Fresh Food & Seeds, Beverage Products, Meat & Poultry, Dairy Products Canned or Bottled Food, Other), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Drivers:

• Government rules and legislative framework acts as a driver and support the effect of food traceability market
• The ability to trace contamination and assist product call lead to the growth of tracking technologies from developing countries
• Technology advancement and globalization of food products also drives the market growth.

Global Food Traceability Market Key Market Competitors:

Few of the major competitors currently working in the global food traceability market are:-

• Honeywell International Inc.,
• DuPont,
• IBM Corporation.,
• United Electronics Co. L.L.C..,
• MASS Group.,
• Merit-Trax Technologies,
• C.H. Robinson Worldwide, Inc.,
• Bar Code Integrators, Inc.,
• Bio-Rad Laboratories, Inc.,
• Carlisle Technology,
• Cognex Corporation,
• Picarro, Inc.,
• SGS SA,
• Thermo Fisher Scientific,
• Zebra Technologies Corp.,
• Datalogic S.p.A.,
• FoodLogiQ,
• Infor.,
• Mar-Kov Computer Systems Inc.,
• STID,
• Impinj, Inc. and others.

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