The new research report titled “Food Traceability Market, Global Industry Analysis, and Forecast to 2027″ gives a detailed analysis and future forecasts of the market. The report highlights the significant players, including market size, share, and demand, development. This report further covers the latest trends, technological advancements, and growth opportunities.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the food traceability market include Honeywell International, C.H. Robinson Worldwide, Bio-Rad Laboratories, DuPont, Cognex Corporation, SGS, A2B Tracking Solutions, Picarro, Motorola Solutions, and Merit-Trax Technologies. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The global food traceability market is experiencing noteworthy growth, owing to the growing concerns regarding food safety due to rising health consciousness among the people globally. Presently, changing lifestyles of people and their rising per capita income is stimulating health consciousness among the population. Moreover, globally increasing food recalls is also boosting this market. The food traceability market is currently epitomized by high demand and supply, which is fuelling intense competition and various competitive challenges in the market. Companies are significantly investing in R&D to develop more advanced technology. These are some factors driving this global market. However, high costs of food traceability technologies may restrict the market growth.

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.

Additionally, these tools also give inclusive assessment of each application/product segment in the global market of food traceability.

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Market Segmentation

The entire food traceability market has been sub-categorized into technology, application, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.

By Technology

  • RFID
  • GPS
  • Barcodes
  • Infrared
  • Biometric

By Application

  • Fresh Food
  • Meat and Poultry
  • Beverages
  • Spices and Condiments
  • Seafood
  • Others

By End-User

  • Food Manufacturers
  • Warehouse Food Retailers
  • Government Departments
  • Others

Regional Analysis

This section covers regional segmentation which accentuates on current and future demand for food traceability market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.

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