The global food traceability market is anticipated to grow at a significant CAGR of 9.2% during the forecast period. This Food Traceability Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under each industry sector. Future development visions and a wide range of subjects are covered in this Food Traceability Market study report. All this crucial data greatly assists key players to establish their presence in the competitive market. It verifies and revalidates the knowledge provided in this global Market report. It also allows several organizations to learn more about a range of opportunities already available in the market and makes aware to firms about upcoming opportunities too. It ensures several firms to attain a long-standing business success by capturing all of the latest updates about market growth. Most important participants are able to employ such report as a great resource to attain a competitive advantage over the cut-throat market.
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The global food traceability market is segmented based on the technology type, software, application, and end users. Base on the technology type, the market is augmented into the RFID, barcodes, infrared, biometrics , and gps. Based on the software, the market is furthet sub-segmented into the ERP, LIMS, warehouse, friction welding, and others. Based on the application, the market is segmented into the meat and livestock, fresh produce seeds, dairy products, beverages products, and others. Based on the end users, the market is augmented into the food manufacturers, warehouse, food retailers, and others. The food retailers segment is projected to hold a considerable share in the market over the forecast, due to an increase in demand for food supplies from food retailers for consumers. Food retailers who employ a blockchain-based traceability system benefit from the ability to better predict the freshness as well as the shelf life of food and, hence, are able to better assess delivery intervals. At the same time, this new kind of system meets consumers’ increasing requirements for higher transparency in food traceability.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Food Traceability Market Report Segment
By Technology Type
- RFID
- Barcodes
- Infrared
- Biometrics
- GPS
By Software
- ERP
- LIMS
- Warehouse Software
- Friction Welding
- Others
By Application
- Meat and Livestock
- Fresh Produce Seeds
- Dairy Products
- Beverages Products
- Others
By End-Users
- Food Manufacturers
- Warehouse
- Food Retailers
- Others
Global Food Traceability Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global food traceability market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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