The global food traceability market is expected to reach $271.5 million by the end of 2025, with a CAGR of 10.9% for 2019-2025. Food traceability is the ability to track food through all stages of production, processing and distribution (including import and retail). Traceability should mean that you can track movements one step back and one step forward at any point in the supply chain. This system is essential for food research and is very important in the global food trade as multi-component foods contain ingredients from a variety of food chains and countries. Thus, importers will depend on other countries’ tracking systems until the point of import.
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The following players are covered in this report:
- Honeywell
- Intelex Technologies
- SAP
- Bcfooderp
- Trimble
- Food Decision Software
- JustFoodERP
- IBM
- Intact
- Mass Group
Food Traceability Market Segmentation by Type
- Meat Traceability System
- Vegetable and Fruit Traceability System
- Milk Food Traceability System
Food Traceability Market Segmentation by Application
- Government Department
- Food Suppliers
- Retailers
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Scope of the Report
The research study analyses the global Food Traceability industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Food Traceability Market Report
1. What was the Food Traceability Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Food Traceability Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Food Traceability Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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