Food Traceability (Tracking Technologies) Market Emerging Trend, Technological Growth, Business Growth Statistics and High Demand – Bio-Rad Laboratories, CH Robinson Worldwide , Cognex Corporation

Food traceability market was valued at $10,963.0 million in 2017, and is expected to reach $22,274.1 million by 2025, registering a CAGR of 9.3% from 2018 to 2025. Food traceability is a risk-management tool used to check potential harms that may be associated with food, feed, food-producing animals, or substance. This is meant to ensure food safety through all stages of food production, processing, and distribution. Food traceability involves food business authorities to recall or drop out products considered unsafe, and allows provision of accurate information to the public. Food traceability prevents transmission of disease from animals to humans and controls the presence of certain chemicals above fixed limits, which when used in excess can affect the quality of products related to feed & food.

The food traceability (tracking technologies) market is growing at a healthy rate owing to increase in awareness about food safety among governments and consumers. Consumers are willing to pay a high price for premium products that support social responsibility traits requiring food tracking and traceability. Moreover, growth in globalization enhances the complexity of supply chain process (from harvest to final sale), leading to high chances of food contamination. This is expected to increase the demand for food traceability and tracking technologies, as it ensures quality and safety of the food supplied, enhances chances of rapid and precise product recalls, and accurately tracks causes of contamination. Furthermore, adoption of traceability systems is expected to enhance supply chain efficiency by providing detailed historical data about timings, condition, handling, and flow of goods. Asia-Pacific is projected to dominate the global market, with China leading the market, owing to its population strength and rise in health concerns.

Major Key Players of the Food Traceability (Tracking Technologies) Market are:
Bio-Rad Laboratories, CH Robinson Worldwide , Cognex Corporation, E. I. Du Pont de Nemours and Company (DuPont), Honeywell International Inc., International Business Machines Corporation, Motorola Solutions, Inc., SGS SA, Zebra Technologies Corporation and MASS Group Inc., are provided in this report.

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By Equipment
– PDA with GPS
– Thermal Printers
– 2D & 1D Scanners
– Tags & Labels
– Sensors
– Others

By Technology
– RFID/RTLS
– GPS
– Barcode
– Infrared
– Biometrics

By Application
– Meat & Livestock
– Fresh Produce & Seeds
– Dairy
– Beverages
– Fisheries
– Others

By End User
– Food Manufacturers
– Warehouse/Pack Farms
– Food Retailers
– Defense & Security Departments
– Other Government Departments
– Others

Research objectives:-
– To study and analyze the global Food Traceability (Tracking Technologies) consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Food Traceability (Tracking Technologies) market by identifying its various sub-segments.
– Focuses on the key global Food Traceability (Tracking Technologies) manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Food Traceability (Tracking Technologies) with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Food Traceability (Tracking Technologies) Market Size
2.2 Food Traceability (Tracking Technologies) Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Food Traceability (Tracking Technologies) Market Size by Manufacturers
3.2 Food Traceability (Tracking Technologies) Key Players Head office and Area Served
3.3 Key Players Food Traceability (Tracking Technologies) Product/Solution/Service
3.4 Date of Enter into Food Traceability (Tracking Technologies) Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Food Traceability (Tracking Technologies) Sales by Product
4.2 Global Food Traceability (Tracking Technologies) Revenue by Product
4.3 Food Traceability (Tracking Technologies) Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Food Traceability (Tracking Technologies) Breakdown Data by End User

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In the end, Food Traceability (Tracking Technologies) industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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Posted by on Monday September 16 2019, 3:07 AM EDT. All trademarks acknowledged. Filed under Food, Food & Beverage, Food Services, Technology Hardware & Equipment, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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