Global Food Traceability Market, By Technology Type (RFID/RTLS, GPS, Barcode, Infrared, Biometrics),

Published Date: | Report Code : FA1930927

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Global Food Traceability Market, By Technology Type (RFID/RTLS, GPS, Barcode, Infrared, Biometrics), By Equipment (PDA, 1D & 2D Scanners, Thermal Printers, Tags & Labels, Sensors, Others), By Application (Meat & Livestock, Fresh Produce & Seeds, Dairy, Beverages, Fisheries, Others), By End User (Food Manufacturers, Warehouse/Pack Farms, Food Retailers, Defence & Security Departments, Government Departments, Others), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, Rest of the World) – Market Size & Forecasting (2016-2028)

COVID-19 Impact : Our team has been closely monitoring the current developments to identify the potential impact of COVID-19 on stakeholders and business processes across the value chain of industries. A special section about COVID-19 will be covered with the report to help companies in defining sustainable strategies.

Report Code : FA1930927

Status : Upcoming

Growing awareness among consumers regarding food safety is expected to drive the growth of the food traceability market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Food traceability is the process of ascertaining the place and condition of a food item. It is the ability to track any food item through all stages of production, processing, and distribution. It also helps to know the properties and nature of the food. Food traceability helps in knowing the risks and uncertainties that could arise in food and feed. This helps in keeping the food safe and healthy.

Segment Analysis:

Food traceability can be carried out using different technologies such as RFID/RTLS, GPS, Barcode, Infrared, and Biometrics. Moreover, there are different types of equipment used in food traceability such as PDAs, 1D & 2D scanners, thermal printers, tags & labels, and sensors. This has increased the demand for food traceable solutions.

The main use of food traceability is in meat & livestock, fresh produce & seeds, dairy, beverages, fisheries, and other markets. It is used to ensure the origin of food and its destination from where it is expected to be distributed to different end users. The food traceability system is important for food investigations and is crucial in global food trade as multi-ingredient food includes materials from a variety of food chains and countries.

The global food traceability market is increasing with the growing applications in diverse sectors, such as logistics, packaging, storage, retail, and handling. Also, technological advancements and the increasing number of product recalls and traces contamination is boosting the global food traceability market. Additionally, the legislative framework and certifications & standardizations and compulsion by governments to follow standards and laws related to food safety are fueling the global food traceability market.

Key Factors Impacting Market Growth:

  • Growing awareness among consumers regarding food safety
  • High costs of implementation of the food traceability process
  • Technological advancements and need to upgrade constantly
  • Inefficiencies in the supply chain affecting food traceability market
  • Opportunities for players in ASEAN and Gulf countries to expand market share

Regional Analysis:

This report segments the food traceability market by region into North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East, and the Rest of the World. North America, Asia Pacific, and Western Europe are estimated to be major regions for food traceability market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in the Food & Agricultural sector. The use of the latest technologies in the agricultural activities and established processed food market is estimated to drive demand for food traceability market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.

Asia Pacific is estimated to be one of the fastest-growing markets for food traceability during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors in the growth of the food traceability market. The Middle East and the rest of the World are estimated to be emerging regions for food traceability market during the forecast period.

Companies Covered: 

Honeywell International, Inc., Cognex Corporation, C.H. Robinson Inc., Zebra Technologies, Motorola Solutions, Inc., MASS Group Inc., IBM Corporation and Bio-Rad Laboratories, Inc., Intelex Technologies, SAP, Bcfooderp, Trimble, Food Decision Software, JustFoodERP, Datalogic, Impinj, Alien Technology, Avery Dennison, Bar Code Integrators, Carlisle Technology, Merit-Trax Technologies, SATO VICINITY, SMARTRAC, Thinfilm, Tyco, and Denso…

Market Segmentation:

By Technology Type:

  • Radio Frequency Identification/Real-Time Location System (RFID/RTLS)
  • Global Positioning System (GPS)
  • Barcode
  • Infrared
  • Biometrics

By Equipment:

  • Smart Personal Digital Assistants (PDAs)
  • 1D & 2D Scanners
  • Thermal Printers
  • Tags & Labels
  • Sensors

By Application:

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

By End User:

  • Food Manufacturers
  • Warehouse/Pack Farms
  • Food Retailers
  • Defense & Security Departments
  • Government Departments
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Technology Type
    • By Equipment
    • By Application
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Technology Type
    • By Equipment
    • By Application
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Technology Type
    • By Equipment
    • By Application
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Technology Type
    • By Equipment
    • By Application
    • By End User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Technology Type
    • By Equipment
    • By Application
    • By End User
  • Rest of the World
    • By Region (South America, Africa)
    • By Technology Type
    • By Equipment
    • By Application
    • By End User

Reasons to Buy This Report:

  • Market size estimation of the food traceability market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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