Report Overview:
The following report titled “Global Food Traceability Market: By Equipment (PDA with GPS, Thermal Printers, 2D & 1D Scanners, Tags and Labels), By Technology (Barcodes, Radio Frequency Identification (RFID) devices, Warehouse Management Systems (WMS), Blockchain-Based Applications, Food-Sensing Technologies, Infrared, Internet of Things (IoT)) and other forecast 2021-2026” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.
Global Food Traceability Market Summary
The Global Food Traceability Market is forecast to grow at around 10.9% CAGR during the forecast period, i.e., 2021-26, says MarkNtel Advisors. The market growth primarily attributes to the rising awareness and concerns regarding food safety among consumers. Additionally, increasing incidences of food adulteration & food-borne diseases leading to serious health-related issues shall further spur the market growth.
Report Coverage & Details
- Forecast Period: 2021-2026
- Base Year: 2020
- CAGR: 10.9%
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Food Traceability Market Driver:
Food adulteration has become a regular process in the production process of any food product. Food contamination with pathogens and mycotoxins generally causes food-borne illnesses. According to the Centers for Disease Control and Prevention (CDC), food diseases may cause an estimated 325,000 serious ailments resulting in hospitalizations, 76 million cases of gastrointestinal illnesses, and 5,000 deaths each year.
Segmentation Analysis: Food Traceability Market
By Equipment
- PDA with GPS
- Thermal Printers
- 2D & 1D Scanners
- Tags and Labels
By Technology
- Barcodes
- Radio Frequency Identification (RFID) devices
- Warehouse Management Systems (WMS)
- Blockchain-Based Applications
- Food-Sensing Technologies
- Infrared
- Internet of Things (IoT)
By Application
- Meat, Seafood and Poultry
- Vegetables and Fruits
- Dairy Products
- Beverages
- Others
By End-User
- Food Manufacturers
- Warehouse/Pack Farms
- Food Retailers
- Government Departments
- Others
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
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Leading Players Analysis: Food Traceability Market
The report provides detailed analysis of key players in the global Food Traceability market, highlighting their strategies and competitive scenario.
- Honeywell
- CH Robinson Inc
- Intelex Technologies
- SAP
- Bio Rad Laboratories
- IBM
- Intertek
- Cognex
- Harvest Mark
- Bcfooderp
- Merit Track
- Food Decision Software
- JustFoodERP
- Optel
- Others
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About us
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
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