The Food Traceability market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period (2022-2028). The increase in food borne diseases across the globe is expected to cater to the market growth over the forecast. More complex foodborne disease outbreaks demand new technologies, greater transparency, which is expected to fuel the market growth. According to the World Health Organization (WHO), Unsafe food containing harmful bacteria, viruses, parasites, or chemical substances, causes more than 200 diseases – ranging from diarrhea to cancers. An estimated stated by WHO that 600 million – almost 1 in 10 people in the world – fall ill after eating contaminated food and 4,20,000 die every year. Children under 5 years of age carry 40% of the foodborne disease burden, with 125 000 deaths every year.
Get Free Sample link @ https://www.omrglobal.com/request-sample/food-traceability-market
Increasing numbers of ever more complex food-borne disease outbreaks are claiming lives, causing sickness, and threatening future health and economies. According to WHO, Countries must invest in technologies that trace food safety emergencies. They also must be transparent in sharing information on outbreaks to prevent its cross-border spread and the risk to health they pose. Moreover, INFOSAN is a global network of 190 national food safety authorities, managed jointly by WHO and FAO. The network supports governments in managing food safety risks, ensuring rapid sharing of information during food safety emergencies to stop the spread of contaminated food from one country to another.
A full report of Food Traceability Market available @ https://www.omrglobal.com/industry-reports/food-traceability-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
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
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
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the 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.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/food-traceability-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
