The latest report titled “Global food traceability market ” published by Emergen Research is projected to register a significant growth rate during the forecast period from 2021 to 2028, at an impressive CAGR of 10.2%.The Market Intelligence Report provides a complete overview of the Food Traceability Market along with details on the competitive landscape and profiles of the key players operating in this business.

Supply chain traceability is a tool for detecting food-related issues. Focus on traceability has recently shifted to other industries, which can be critical from economical, operational, and risk management standpoints.

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Target Audience of the Global Food Traceability Report:

• Key Market Players
• Investors
• Venture capitalists
• Small- and medium-sized and large enterprises
• Third-party knowledge providers
• Value-Added Resellers (VARs)
• Global market producers, distributors, traders, and suppliers
• Research organizations, consulting companies, and various alliances interested in this sector
• Government bodies, independent regulatory authorities, and policymakers

The report also discusses the key players involved in the market such as:

Some major companies in the global market report include Honeywell International Inc., Cognex Corporation, Keyence Corporation, Bext360 Inc., Foodlogiq LLC, TraceOne Inc., Traceall Global Limited, Merit-Trex Technologies Inc., TE-Food Enterprise, and Carlisle Incorporated.

Some Key Highlights from the Report

• RFID/RTLS segment revenue is expected to expand at a significantly rapid CAGR during the forecast period. RFID/RTLS plays a significant role in tracking and tracing perishable food products and can identify the direction of tags as to whether products are being received or shipped through the gate.
• Dairy segment is expected to register a significantly robust revenue growth rate over the forecast period due to need to identify spoiled or contaminated products before these can reach end consumers as dairy products are highly susceptible to contamination and spoilage.
• The market in North America is expected to account for a considerably robust revenue share over the forecast period due to large end-use bases such as food manufacturers and food retailers, and this coupled with stringent regulations implemented by the government are factors driving growth of the food traceability market in the region.

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Food Traceability Market segmentation:

Emergen Research has segmented the global food traceability segments on the basis of equipment, software, technology, application, end-use, and region:

Equipment Outlook (Revenue, USD Billion; 2018–2028)

• Sensors
• Thermal Printers
• Tags Labels
• PDA with GPS
• 2D 1D Scanners
• Others

Software Outlook (Revenue, USD Billion; 2018–2028)

• Warehouse Software
• Laboratory Information Management Software (LIMS)
• Enterprise Resource Planning (ERP)
• Others

Technology Outlook (Revenue, USD Billion; 2018–2028)

• GPS
• Infrared
• RFID/RTLS
• Barcode
• Biometrics

Application Outlook (Revenue, USD Billion; 2018–2028)

• Dairy
• Fisheries
• Beverages
• Fresh Produce Seeds
• Meat Livestock
• Others

End-Use Outlook (Revenue, USD Billion; 2018–2028)

• Food Retailers
• Defense
• Food Manufacturers
• Warehouse
• Government

Regional Outlook: (Revenue, USD Billion; 2018-2028)

• North America (U.S.) (Canada) (Mexico)
• Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
• Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
• Latin America (Brazil) (Rest of LATAM)

Radical Highlights of the Food Traceability Market Report:

• Comprehensive overview of the Food Traceability market along with analysis of the changing dynamics of the market
• Growth Assessment of various market segments throughout the forecast period
• Regional and global analysis of the market players, including their market share and global position
• Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
• Impact of the technological developments and RD advancements on the Food Traceability market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers

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Table of Contents:

• Chapter 1 includes an introduction of the global Food Traceability Market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
• Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
• Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
• In Chapter 4, our team has fragmented the Food Traceability market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.

About Us:

At Emergen Research, we believe in advancing with technology. We are growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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