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Food Traceability Market Size Worth USD 30110 Million By 2027 | Valuates Reports
The global Food Traceability market size was $16180 million in 2020 and is forecast to be $30110 million in 2027, growing at a Compound Annual Growth Rate (CAGR) of 10.9% during 2021-2027. In this study, 2020 has been considered as the base year and 2021 to 2027 as the forecast period to estimate the market size for Food Traceability.Inquire for sample report: https://reports.valuates.com/request/sample/QYRE-Auto-2R834/Global_Food_Traceability_Market
Commercial food services have grown rapidly in popularity over the last three decades, necessitating a great deal of food handling. This has resulted in a rise in the number of people handling food, as well as other improvements such as new ways of processing and transporting food, which has increased the risk of foodborne infection transmission from handlers to customers thus increasing demand for food traceability systems.
Government laws and regulations for food traceability are expected to drive the food traceability market size. Various governments have actively contributed to the improvement of the food industry by enacting laws and regulations that encourage food traceability and, in some cases, make it mandatory. Food businesses should keep accurate records that are legible, well-kept, and easily retrievable. Records should ideally be kept for a set period of time, taking into account legal or consumer requirements as well as product shelf life.
View Full Report : https://reports.valuates.com/market-reports/QYRE-Auto-2R834/global-food-traceability
The market research report offered here is a very useful resource that can help manufacturers, stakeholders, decision-makers, and other market participants to become familiar with every factor impacting the growth of the global Food Traceability market. The analysts authoring the report have closely studied key strategies adopted by top players of the global Food Traceability market. The report includes SWOT, and other market analyses to provide a clear and deep understanding of important aspects of the global Food Traceability market. Readers of the report can become informed about current and future trends of the global Food Traceability market and how they will impact market growth during the forecast period.
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Food Traceability Market by Regional and Country-level Analysis
➣North America
➣United States
➣Canada
➣Asia-Pacific
➣China
➣Japan
➣South Korea
➣India
➣Southeast Asia
➣Australia
➣Rest of Asia-Pacific
➣Europe
➣Germany
➣France
➣U.K.
➣Italy
➣Russia
➣Nordic Countries
➣Rest of Europe
➣Latin America
➣Mexico
➣Brazil
➣Rest of Latin America
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣UAE
➣Rest of MEA
Food Traceability Market by Type
➣Meat Traceability System
➣Vegetable and Fruit Traceability System
➣Milk Food Traceability System
Food Traceability Market by Application
➣Government Department
➣Food Suppliers
➣Retailers
Major Players in the Food Traceability Market
➣Honeywell
➣Intelex Technologies
➣SAP
➣Bcfooderp
➣Trimble
➣Food Decision Software
➣JustFoodERP
➣IBM
➣Intact
➣Mass Group
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