Uploaded on Dec 18, 2019
The Global Food Traceability Market is projected to rise at a CAGR of 6.19% during the forecast period of 2019-2027. Get a Free Sample now.
Food Traceability Market Share, Growth, Trends & Forecast Report 2019-2027
FOOD
TRACEABILITY
MARKET
GLOBAL MARKET TRENDS, SIZE, SHARE
& ANALYSIS 2019-2027
GLOBAL FOOD
TRACEABILITY
MARKET FORECAST
2019-2027
Global Food Traceability Market by Technology
(RFID/RTLS, GPS, Barcode, Infrared, Biometrics) by
Equipment (PDA with GPS, Thermal Printers, 2D and
1D Scanners, Tags and Labels, Sensors, Other
Equipment) by Application (Meat and Livestock, Fresh
Produce and Seeds, Dairy, Beverages, Fisheries, Other
Applications) by End Users (Food Manufactures,
Warehouse/Pack Farms, Food Retailers, Defense and
Security Departments, Other Government
Departments, Other End Users) & by Geography
Market Drivers and
Impact
DETECTING CONTAMINATION AND
ASSISTING IN PRODUCT RECALLS 01
LAWS BY GOVERNMENTS 02
STANDARDIZATIONS AND
03
CERTIFICATIONS OF DATA
COMPETITIVE EDGE AMONG THE
COMPANIES AND BRAND LOYALTY BY 04
CONSUMERS
Global Food Traceability Market
Forecast 2019-2027
Global Food Traceability
market is estimated to grow
with approx. 6.19% % CAGR
during the year 2019 – 2027
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2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Key Findings
The food traceability market is classified
into several segments, namely end-users,
equipment, application, and technology.
The food traceability systems have wide
applications in various types of foods such
as fisheries, fresh produce & seeds, dairy,
beverages, meat & livestock, and others.
Applications in fisheries are expected to
showcase a significant growth owing to the
changing guidelines in several countries
that make traceability of fisheries and
seafood mandatory.
Further, the globalization of the fish industry
upsurge the demand for traceability,
thereby boosting the food traceability
market growth.
NORTH AMERICA FOOD
TRACEABILITY MARKET
FORECAST 2019-2027
In 2018, the
North America food traceability
market accounted for a revenue of
$XX million and was predicted to
reach $XX million by 2027. During the
forecast period of 2019-2027, the
North America market is estimated to
evolve with a CAGR of 4.07%.
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EUROPE FOOD TRACEABILITY
MARKET FORECAST 2019-2027
According to Inkwood Research, the
Europe food traceability market is
anticipated to grow with a CAGR of
4.30% from 2019 to 2027. The European
market accounted for $XX million in
terms of revenue in 2018 and is
predicted to generate a value of $XX
million by the end of 2019-2027.
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ASIA PACIFIC FOOD
TRACEABILITY MARKET
FORECAST 2019-2027
The
Asia Pacific is the fastest-growing regio
n in the food traceability
market and is anticipated to flourish
with a CAGR of 9.34% from 2019 to
2027.
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Top
Market
Players
The prominent players in the food traceability
market are Infor, Cognex Corporation, Motorola
Solutions Inc., C.H. Robinson Worldwide Inc.,
Honeywell International Inc., Mass Group Inc.,
Zebra Technologies Corporation, Bio-Rad
Laboratories Inc., Merit-Trax Technologies Inc.,
Picarro Inc., Thermo Fisher Scientific, SGS SA,
International Business Machines Corporation,
Carlisle Technology Inc, and E. I. du Pont de
Nemours and Company.
Clarity. Inspiration. Expertise
Inkwood Research specializes in syndicated research
reports, customized research reports and consulting
services. We offer market intelligence studies across a
range of industries including Technology, Chemicals,
Materials, Healthcare and Energy. With 20 years of
research experience, we ensure you efficient
deliverables with global and country industry
knowledge and research expertise. Our analysis covers
North & South America, Europe, CEE, CIS, Middle East, About Us
Africa and Asia.
Who we are
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