Press release
Food Traceability Market 2020 Business Scenario - Honeywell International Inc., DuPont, IBM Corporation., United Electronics Co. L.L.C.., MASS Group., others
Food Traceability Market
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.
The Food Traceability Market report provides estimations about the growth rate and the market value based on market dynamics and growth inducing factors. While preparing this Global Food Traceability market analysis report, few of the attributes that have been adopted include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology.
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What ideas and concepts are covered in the report?
- The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.
- The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.
- Data regarding the Food Traceability Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.
Region-based analysis of the Food Traceability Industry market:
- The Food Traceability Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.
The well-established Key players in the 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.
Food Traceability Market Trends | Industry Segment 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 Definition: Global Food Traceability Market
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.
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.
Market Restraints:
There are no strict laws in the developing countries pertaining to food traceability market which acts as restraints.
Increasing concern about data and privacy issue among population is restraining the market growth
High price of the tracing system is another factor restraining the growth of this market.
Some of the Major Highlights of TOC covers:
Food Traceability Industry Regional Market Analysis
- Food Traceability Industry Production by Regions
- Global Food Traceability Industry Production by Regions
- Global Food Traceability Industry Revenue by Regions
- Food Traceability Industry Consumption by Regions
Food Traceability Industry Segment Market Analysis (by Type)
- Global Food Traceability Industry Production by Type
- Global Food Traceability Industry Revenue by Type
- Food Traceability Industry Price by Type
Food Traceability Industry Segment Market Analysis (by Application)
- Global Food Traceability Industry Consumption by Application
- Global Food Traceability Industry Consumption Market Share by Application (2014-2019)
Food Traceability Industry Major Manufacturers Analysis
- Food Traceability Industry Production Sites and Area Served
- Product Introduction, Application and Specification
- Food Traceability Industry Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
- Main Business and Markets Served
Get Access To TOC Covering 200+ Topics athttps://www.databridgemarketresearch.com/toc/?dbmr=global-food-traceability-market&SB
At the Last, Food Traceability industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher's disclaimer.
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Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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