Insights into the Food Traceability Market Growth Trajectory from 2021 to 2026
MarkNtel Advisors presents a comprehensive research analysis on the Global Food Traceability Market, i.e., set to register around CAGR 10.9% during 2021-26. It comprises an extensive examination of the various aspects affecting the industry dynamics, such as growth drivers, opportunities, restraints, challenges, key trends, & recent developments, among others.
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With this report, our domain-specific experts & dedicated analysts intend to inform stakeholders about the constant fluctuations in the Food Traceability Market and what to expect from the industry in the forthcoming timeline so that they can make strategic moves to yield significant profits in the coming years. All data presented in the report is based on the following parameters:
- Historical Period: 2016 -19
- Base Year: 2020
- Forecast Period: 2021 -26
Major Offerings in the Food Traceability Market Report
- Business strategies & shares
- Demand upsurge & falls
- Gross margins
- Investment & revenue generation opportunities
- Leading companies and their profiling, mergers, & acquisitions
- High-growth segments & geographies
- Trends & developments, among others
The report incorporates detailed information on the major factors influencing the Food Traceability Market dynamics across different geographies, along with the competitive analysis, Covid-19 impact analysis, ongoing trends, latest developments, and various strategies adopted by industry players for revenue generation.
Market Driver:
Burgeoning Food Adulteration & Food Borne Diseases to Boost the Market Growth
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.
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Food Traceability Market Segmentation & Regional Dynamics
The Food Traceability Market is highly fragmented, and the following are its key segments:
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
Geographically, the Food Traceability Market extends across:
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia Pacific
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Food Traceability Market Competitive Landscaping: A Detailed Assessment
The report provides a comprehensive analysis of the leading participants in the Food Traceability Market, based on their market share, developments, financials, revenue generation strategies, partnerships, mergers, & acquisitions. The following parameters have been taken into consideration while profiling companies:
- Key Performance Indicators
- Latest Trends & Developments
- Product/Service Offerings
- Risk Analysis
- SWOT Analysis
The top companies in the Food Traceability Market include:
- Honeywell
- CH Robinson Inc
- Intelex Technologies
- SAP
- Bio Rad Laboratories
- IBM
- Intertek
- Cognex
- Harvest Mark
- Bcfooderp
- Merit Track
- Food Decision Software
- JustFoodERP
- Optel
- Others
Key Questions Addressed in the Food Traceability Market Report
- What is the expected compounded annual growth rate (CAGR) of the Food Traceability Marketduring 2021-26?
- What are the higher-growth segments/sub-segments in the Food Traceability Market?
- What the latest trends and recent mergers & acquisitions in the Food Traceability Market?
- What are the key strategies adopted by leading companies operating in the Food Traceability Market?
- Which region/country would emerge as an area of opportunity for the Food Traceability Market?
Contact us:
Company Name: MarkNtel Advisors
Email: sales@marknteadvisors.com
Phone: +1 628 895 8081, +91 120 4268433
Address: 5214F Diamond Heights Blvd #3092,
San Francisco, CA 94131
United States
