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Food Traceability Market is Expected To Be Worth US$ 14 Billion Globally By 2020

10-27-2017 04:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: (MRE) Report

Food Traceability Market

Food Traceability Market

The global food traceability market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is the largest market. The market in Asia Pacific is expected to witness the highest growth rate during the forecast period due to the growing concern about food safety among consumers in developing countries. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional food traceability market and analyzes the variations in the growth of the industry in certain regions.

The global food traceability market is expected to reach more than US$ 14 billion by 2020.

A glimpse of the report structure is provided in the report description available on the website.
https://www.marketresearchengine.com/reportdetails/food-traceability-market

The traces contamination and assists product recall, cost reduction, legislative framework, growing consumer concern for food safety, and certifications and standardization are expected to drive the market. However, additional cost on traceability systems, privacy issues in data sharing, the requirement of stringent laws in developing countries, and the different requirement for different products are expected to hamper the growth of the market.

In this report, the global food traceability market is segmented by technology, application, end user, and region. The market on the basis of technology is segmented into RFID/RTLS, GPS, barcodes, infrared, and biometrics. On the basis of application, the market is segmented into meat, fresh food produce, dairy products, beverages, fisheries, and others. The market on the basis of end user is segmented into food manufacturers, warehouse/pack farms, food retailers, and defense & security departments.

Honeywell International Inc. (U.S.), C.H. Robinson Worldwide, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), DuPont (U.S.), Cognex Corporation (U.S.), and SGS S.A. (Switzerland) are the most active players in the food traceability market.

The deep-dive study on the food traceability market will help customers with the identification of new market opportunities and targeted promotional plans. The report provides global market trends, with data from 2013, estimates for 2014 and 2015, and projections of CAGRs through 2020.

Request Sample Report: https://www.marketresearchengine.com/reportdetails/food-traceability-market

Table of Contents

1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market, By Technology
8 Market, By End User
9 Market, By Application
10 Market By Region
11 Competitive Landscape
12 Company Profiles
12.1 Introduction
12.2 Bio-Rad Laboratories, Inc.
12.3 C.H. Robinson Worldwide, Inc
12.4 Cognex Corporation
12.5 Honeywell International, Inc.
12.6 SGS SA
12.7 Bar Code Integrators, Inc.
12.8 Carlisle Technology Inc.
12.9 Mass Group Inc.
12.10 Merit-Trax Technologies Inc.
12.11 Picarro Inc.

About Us

Market Research Engine (MRE) is a next-generation provider of syndicated research, customized research, and consulting services. MRE’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each Market Research Engine’s research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862
Country: United States
Website: https://www.marketresearchengine.com/

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