Food Traceability Market

Date: 2016-05

The process of tracing the movement of food through various stages of production, processing and distribution is referred as food traceability. The global food traceability market is very diverse as traceability is implemented in various applications. Developments in the field of analytics and analytical systems are impacting the market growth. Ability to store and retrieve data when required is helping the organizations in making informed decisions based on real time data.
The report provides detailed analysis of the end user segment which includes food retailers, warehouses, government departments, food manufacturers, growers and others. Growing food adulteration incidents and concerns for food safety are other factors driving the market. The report examines application of food traceability with the market values which are forecast on the basis of applications such as fisheries, fresh food produce, dairy food, meat and poultry, beverages and others. The market is also segmented by technology into infrared technology, barcodes, Global Positioning System (GPS), RFID/RTLS and biometric
In this report, forecast values for the food traceability market on the basis of major regions such as North America, Europe, Asia-Pacific and Rest of the World are provided. The key countries are covered and market forecasts for each region are provided. Europe has been leading the market; whereas, Asia-Pacific market region is estimated to witness the highest growth fuelled by increasing adoption of food traceability systems by the SMEs. Furthermore, the report includes analysis on patents and competitive landscape. It also identifies the drivers and restrains for the market with detailed analysis of trends, opportunities and challenges.

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