Food Traceability Industry Insights, Trends, and Forecasts to 2027

by emma bey on Oct 11, 2022 Finance 437 Views

The Global Food Traceability Market size is estimated to reach $8.2 billion by 2026, growing at a CAGR of 9.6% over the forecast period of 2022-2026.  Food Traceability Market  research report is an expert’s analysis which mainly includes companies, types, applications, regions, countries, etc. Also, the reports give an analysis of sales, revenue, trade, competition, investment, and forecast. Food Traceability market research covers COVID-19 impacts on the upstream, midstream, and downstream industries. Also, this study offers detailed market estimates by emphasizing statistics on several aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends.

Foodborne illnesses are by and large caused because of the pollution of food with microorganisms and mycotoxins. The presence of microorganisms, for example, Salmonella and Listeria, in food positively compromises the microbiological wellbeing and nature of food, consequently coming about in foodborne illnesses. As per the CDC, 76 million instances of foodborne illnesses are kept in the US consistently, bringing about 325,000 hospitalizations and 5000 passings. Albeit, as indicated by WHO, the WHO area of the Americas has the second-most reduced trouble due to foodborne infections.

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Global Food Traceability Market: Segmentation Analysis

The global Food Traceability market has been segmented based on Design, Range, Carrying Capacity, Configuration, End User

By Equipment

  • PDA with GPS
  • Thermal Printers
  • 2D & 1D Scanners
  • Tags & Labels
  • Sensors
  • Others

By Application

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

By Software

  • Enterprise Resource Planning (ERP)
  • Friction welding (stir, linear, rotary)
  • Laboratory Information Management Software (LIMS)
  • Warehouse software
  • Other

By End-users

  • Food Retailers
  • Defense
  • Food Manufacturers
  • Warehouses
  • Others

Geography

  • North America
  • Europe
  • APAC
  • RoW

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Key Players:

  • Honeywell International Inc.
  • Cognex Corporation
  • Keyence Corporation
  • Bext360 Inc.
  • Foodlogiq LLC
  • Trace One Inc
  • Traceall Global Limited
  • Merit-Trex Technologies
  • TE-Food Enterprise
  • Carlisle Incorporated

Key Developments in the Food Traceability Market: -

  • To describe Food Traceability Introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, market driving force
  • To analyze the manufacturers of Food Traceability, with profile, main business, news, sales, price, revenue and market share
  • To display the competitive situation among the top manufacturers in Global, with sales, revenue and Food Traceability market share
  • To show the market by type and application, with sales, price, revenue, market share and growth rate by type and application
  • To analyze the key countries by manufacturers, Type and Application, covering North America, Europe, Asia Pacific, Middle-East and South America, with sales, revenue and market share by manufacturers, types and applications
  • To analyze the manufacturing cost, key raw materials and manufacturing process etc.
  • To describe Food Traceability sales channel, distributors, traders, dealers etc.

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Impact of COVID-19:

The sudden outbreak of the COVID-19 pandemic has positively impacted the growth of the Global Food Traceability Market. Due to rising consumer concerns regarding the significance of safe and healthy eating habits. Additionally, the imposition of lockdown that resulted in the shutdown of restaurants and movement restrictions surged the demand for packed items, thereby accelerating the growth of the Food Traceability Market across the globe. Moreover, the fast pace recovery of developing economies and the emergence of effective crisis-management strategies will also support the growth of the Global Food Traceability Market in the coming future.

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Detailed TOC of Global Food Traceability Market Research Report 2022

1 Report Overview

2 Global Growth Trends

3 Competition Landscape by Key Players

4 Food Traceability Breakdown Data by Type

5 Food Traceability Breakdown Data by Application

6 North America

7 Europe

8 Asia-Pacific

9 Latin America

10 Middle East & Africa

11 Key Players Profiles

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

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