“Food traceability facilitates tracing food products or ingredients through all stages of production, processing, and distribution. It involves the use of tracing systems and processes that match the features of incoming raw materials to outgoing product specifications for the purpose of improving business performance. In the food industry, food traceability is used for fresh food produce, meat products, dairy products, beverages, seafood products, and others.
The growing consumer concern for food safety and increasing incidents of food adulteration are some of the driving factors for the food traceability market. However, the high cost incurred by the food traceability equipment, and the privacy issue involved are restraining the growth of the market. The continuous development in emerging markets such as Brazil, India, and China is paving new opportunities for the food traceability market.
The food traceability market is segmented on the basis of technologies, end users, applications, and regions. The application industries for food traceability include meat products, fresh food produce, dairy products, beverages, seafood products, and others such as grains, oilseed, and coffee. The end user of food traceability is segmented into food manufacturers, warehouse/pack farm, food retailers, defense & security departments, and others such as government departments. The market is also segmented on the basis of various regions such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW); this has been further segmented on the basis of their key countries.
The food traceability market is projected to grow at a CAGR of about 9% from 2014 to reach $14,304.9 million by 2019. The market is projected to grow with the growing legislative framework and consumers’ concern for food safety. The North American region dominated the food traceability market in 2013.
The report provides both, qualitative and quantitative analyses of the market for food traceability systems. The report includes the market dynamics, trends, competitive strategies preferred by the key market players, the driving factors that are estimated to boost the growth of the food traceability market, and the restraints of the market. The report also analyzes the opportunities in the food traceability market for the new entrants.
To maintain a competitive edge in the food traceability market, the key players invest heavily in the launch and development of new technology. The leading players of such as Honeywell International Inc. (U.S.), Cognex Corporation (U.S.), C.H. Robinson Worldwide, Inc. (U.S.), and Merit-Trax Technologies, Inc. (U.S.) have been profiled in the report. The report provides a complete analysis of the prominent companies and a chronology of developments with respect to new products/technologies launched, and their applications.
”
“TABLE OF CONTENTS
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 STUDY SCOPE 16
1.3.1 FOOD TRACEABILITY MARKET, BY TECHNOLOGY 17
1.3.2 FOOD TRACEABILITY MARKET, BY END USER 17
1.3.3 FOOD TRACEABILITY MARKET, BY APPLICATION 17
1.3.4 FOOD TRACEABILITY MARKET, BY REGION 17
1.3.5 PERIODIZATION CONSIDERED FOR THE FOOD TRACEABILITY MARKET 17
1.4 CURRENCY CONSIDERED FOR THE FOOD TRACEABILITY MARKET 18
1.5 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key Data from Secondary Sources 20
2.1.2 PRIMARY DATA 21
2.1.2.1 Key Data from Primary Sources 21
2.1.2.2 Breakdown of Primaries 22
2.2 FACTOR ANALYSIS 22
2.2.1 INTRODUCTION 22
2.2.2 OVERVIEW OF PARENT INDUSTRY 23
2.2.3 DEMAND-SIDE ANALYSIS 24
2.2.3.1 Food Industry 24
2.2.3.1.1 Key segments in food sector 24
2.2.3.2 Food Loss & Wastage 25
2.2.4 SUPPLY-SIDE ANALYSIS 27
2.2.4.1 Technology Development 27
2.3 MARKET SIZE ESTIMATION 27
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 29
2.5 MARKET SHARE ESTIMATION 30
2.6 RESEARCH ASSUMPTIONS & LIMITATIONS 30
2.6.1 ASSUMPTIONS OF THE RESEARCH STUDY 30
2.6.2 LIMITATIONS OF THE RESEARCH STUDY 31
3 EXECUTIVE SUMMARY 32
3.1 OVERVIEW 32
3.1.1 EVOLUTION 32
3.2 FOOD TRACEABILITY SYSTEM 33
3.3 ASIA-PACIFIC IS THE FASTEST-GROWING MARKET FOR FOOD TRACEABILITY 35
3.4 KEY PLAYERS IN THE FOOD TRACEABILITY MARKET 36
4 PREMIUM INSIGHTS 37
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN FOOD TRACEABILITY MARKET 37
4.2 FOOD GRADE FOOD TRACEABILITY MARKET, BY END USER 38
4.3 FOOD TRACEABILITY MARKET IN ASIA-PACIFIC 39
4.4 U.S. COMMANDED THE LARGEST MARKET SHARE IN 2013 40
4.5 FOOD TRACEABILITY MARKET: DEVELOPED VS. DEVELOPING NATIONS 41
4.6 FOOD TRACEABILITY MARKET, BY TECHNOLOGY, 2013 41
4.7 IMPACT ANALYSIS FOR FOOD TRACEABILITY APPLICATION 42
4.8 LIFE CYCLE ANALYSIS, BY REGION 43
5 MARKET OVERVIEW 44
5.1 INTRODUCTION 45
5.2 EVOLUTION OF FOOD TRACEABILITY 45
5.3 MARKET SEGMENTATION 47
5.3.1 FOOD TRACEABILITY MARKET, BY TECHNOLOGY 47
5.3.2 FOOD TRACEABILITY MARKET, BY END USER 48
5.3.3 FOOD TRACEABILITY MARKET, BY APPLICATION 48
5.4 MARKET DYNAMICS 49
5.4.1 DRIVERS 50
5.4.1.1 Traces Contamination and Assists Product recall 50
5.4.1.2 Cost Reduction 50
5.4.1.3 Legislative Framework 51
5.4.1.4 Growing Consumer Concern for Food Safety 52
5.4.2 RESTRAINTS 52
5.4.2.1 Additional Cost on Traceability Systems 52
5.4.2.2 Privacy issues in Data Sharing 53
5.4.3 OPPORTUNITY 53
5.4.3.1 Growing Demand in Emerging Economies 53
5.4.4 CHALLENGE 54
5.4.4.1 Difficulty in Data Collection and Accuracy of Information 54
6 INDUSTRY TRENDS 55
6.1 INTRODUCTION 55
6.2 VALUE CHAIN ANALYSIS 55
6.3 SUPPLY CHAIN ANALYSIS 56
6.4 INDUSTRY TRENDS 57
6.5 PORTER’S FIVE FORCES ANALYSIS 58
6.5.1 THREAT OF NEW ENTRANTS 58
6.5.2 THREAT OF SUBSTITUTES 59
6.5.3 BARGAINING POWER OF SUPPLIERS 59
6.5.4 BARGAINING POWER OF BUYERS 59
6.5.5 INTENSITY OF COMPETITIVE RIVALRY 60
6.6 STRATEGIC BENCHMARKING 60
6.6.1 NEW TECHNOLOGY LAUNCH 60
7 FOOD TRACEABILITY MARKET, BY TECHNOLOGY 62
7.1 INTRODUCTION 63
7.2 RADIO-FREQUENCY IDENTIFICATION 64
7.3 BARCODES 68
7.4 INFRARED 71
7.5 BIOMETRICS 73
7.6 GLOBAL POSITIONING SYSTEM 77
8 FOOD TRACEABILITY MARKET, BY END USER 80
8.1 INTRODUCTION 81
8.2 FOOD TRACEABILITY IN MANUFACTURING 82
8.3 FOOD TRACEABILITY IN WAREHOUSING 83
8.4 FOOD TRACEABILITY IN RETAILING 83
8.5 FOOD TRACEABILITY IN GOVERNMENT DEPARTMENTS 84
8.6 FOOD TRACEABILITY IN OTHER END-USERS 85
9 FOOD TRACEABILITY MARKET, BY APPLICATION 86
9.1 INTRODUCTION 87
9.2 FRESH FOOD PRODUCE 90
9.3 MEAT & POULTRY PRODUCTS 92
9.4 SEAFOOD PRODUCTS 94
9.5 DAIRY PRODUCTS 95
9.6 BEVERAGE PRODUCTS 96
9.7 OTHER APPLICATIONS 97
10 FOOD TRACEABILITY MARKET BY REGION 98
10.1 INTRODUCTION 99
10.2 NORTH AMERICA 99
10.2.1 U.S. 102
10.2.2 CANADA 103
10.2.3 MEXICO 103
10.3 EUROPE 104
10.3.1 U.K. 107
10.3.2 FRANCE 107
10.3.3 GERMANY 109
10.3.4 SPAIN 110
10.3.5 ITALY 111
10.3.6 REST OF EUROPE 112
10.4 ASIA-PACIFIC 112
10.4.1 CHINA 115
10.4.2 JAPAN 115
10.4.3 INDIA 117
10.4.4 AUSTRALIA 118
10.4.5 REST OF ASIA-PACIFIC 119
10.5 REST OF THE WORLD 120
10.5.1 BRAZIL 122
10.5.2 ARGENTINA 122
10.5.3 SOUTH AFRICA 123
10.5.4 OTHER ROW COUNTRIES 124
11 COMPETITIVE LANDSCAPE 125
11.1 OVERVIEW 125
11.2 MARKET SHARE ANALYSIS OF FOOD TRACEABILITY MARKET 126
11.3 COMPETITIVE SITUATION & TRENDS FOR FOOD TRACEABILITY MARKET 127
11.3.1 NEW TECHNOLOGY LAUNCHES 129
11.3.2 EXPANSIONS & INVESTMENTS 130
11.3.3 ACQUISITIONS 130
12 COMPANY PROFILES 131
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
12.1 INTRODUCTION 131
12.2 BIO-RAD LABORATORIES, INC. 132
12.3 C.H. ROBINSON WORLDWIDE, INC 135
12.4 COGNEX CORPORATION 138
12.5 HONEYWELL INTERNATIONAL, INC. 141
12.6 SGS SA 145
12.7 BAR CODE INTEGRATORS, INC. 148
12.8 CARLISLE TECHNOLOGY INC. 149
12.9 MASS GROUP INC. 150
12.10 MERIT-TRAX TECHNOLOGIES INC. 151
12.11 PICARRO INC. 153
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
13 APPENDIX 154
13.1 INSIGHTS OF INDUSTRY EXPERTS 154
13.2 DISCUSSION GUIDE 155
13.3 AVAILABLE CUSTOMIZATIONS 158
13.4 RELATED REPORTS 158
“
“LIST OF TABLES
TABLE 1 IMPACT OF KEY DRIVERS ON THE FOOD TRACEABILITY MARKET 52
TABLE 2 IMPACT OF KEY RESTRAINTS IN FOOD TRACEABILITY MARKET 53
TABLE 3 IMPACT OF KEY OPPORTUNITY IN THE FOOD TRACEABILITY MARKET 53
TABLE 4 IMPACT OF KEY CHALLENGE IN THE FOOD TRACEABILITY MARKET 54
TABLE 5 FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY, 2012–2019 ($MILLION) 64
TABLE 6 RFID MARKET SIZE, BY REGION, 2012–2019 ($MILLION) 65
TABLE 7 NORTH AMERICA: RFID MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 66
TABLE 8 EUROPE: RFID MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 66
TABLE 9 ASIA-PACIFIC: RFID MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 67
TABLE 10 ROW: RFID MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 67
TABLE 11 BARCODE MARKET SIZE, BY REGION, 2012–2019 ($MILLION) 69
TABLE 12 NORTH AMERICA: BARCODE MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 69
TABLE 13 EUROPE: BARCODE MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 69
TABLE 14 ASIA-PACIFIC: BARCODE MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 70
TABLE 15 ROW: BARCODE MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 70
TABLE 16 INFRARED MARKET SIZE, BY REGION, 2012–2019 ($MILLION) 71
TABLE 17 NORTH AMERICA: INFRARED MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 71
TABLE 18 EUROPE: INFRARED MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 72
TABLE 19 ASIA-PACIFIC: INFRARED MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 72
TABLE 20 ROW: INFRARED MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 73
TABLE 21 BIOMETRICS MARKET SIZE, BY REGION, 2012–2019 ($MILLION) 74
TABLE 22 NORTH AMERICA: BIOMETRICS MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 75
TABLE 23 EUROPE: BIOMETRICS MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 75
TABLE 24 ASIA-PACIFIC: BIOMETRICS MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 76
TABLE 25 ROW: BIOMETRICS MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 76
TABLE 26 GPS MARKET SIZE, BY REGION, 2012–2019 ($MILLION) 77
TABLE 27 NORTH AMERICA: GPS MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 78
TABLE 28 EUROPE: GPS MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 78
TABLE 29 ASIA-PACIFIC: GPS MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 79
TABLE 30 ROW: GPS MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION) 79
TABLE 31 CONTAMINATION OF FOOD PRODUCTS & THEIR CLINICAL EFFECTS 81
TABLE 32 FOOD TRACEABILITY IN MANUFACTURING MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 82
TABLE 33 FOOD TRACEABILITY IN WAREHOUSING MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 83
TABLE 34 FOOD TRACEABILITY IN RETAILING MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 83
TABLE 35 FOOD TRACEABILITY IN GOVERNMENT DEPARTMENTS MARKET SIZE,
BY REGION, 2012–2019 ($MILLION) 84
TABLE 36 FOOD TRACEABILITY IN OTHER END USER MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 85
TABLE 37 CANADA: RECALLED FOOD PRODUCTS, MARCH 2015 87
TABLE 38 EUROPE: RECALLED FOOD PRODUCTS, 2015 88
TABLE 39 FOOD TRACEABILITY MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 90
TABLE 40 FOOD TRACEABILITY IN FRESH FOOD PRODUCE MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 92
TABLE 41 FOOD TRACEABILITY IN MEAT & POULTRY PRODUCTS MARKET SIZE,
BY REGION, 2012–2019 ($MILLION) 93
TABLE 42 FOOD TRACEABILITY IN SEAFOOD PRODUCTS MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 94
TABLE 43 FOOD TRACEABILITY IN DAIRY PRODUCTS MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 96
TABLE 44 FOOD TRACEABILITY IN BEVERAGE PRODUCTS MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 96
TABLE 45 FOOD TRACEABILITY IN OTHER APPLICATIONS MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 97
TABLE 46 FOOD TRACEABILITY MARKET SIZE, BY REGION, 2012–2019 ($MILLION) 99
TABLE 47 NORTH AMERICA: FOOD TRACEABILITY MARKET SIZE, BY REGION,
2012–2019 ($MILLION) 100
TABLE 48 NORTH AMERICA: FOOD TRACEABILITY MARKET SIZE, BY END USER,
2012–2019 ($MILLION) 100
TABLE 49 NORTH AMERICA: FOOD TRACEABILITY SIZE, BY APPLICATION,
2012–2019 ($MILLION) 101
TABLE 50 NORTH AMERICA: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 101
TABLE 51 U.S.: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY, 2012–2019 ($MILLION) 102
TABLE 52 CANADA: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 103
TABLE 53 MEXICO: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 104
TABLE 54 EUROPE: FOOD TRACEABILITY MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION) 105
TABLE 55 EUROPE: FOOD TRACEABILITY MARKET SIZE, BY END USER, 2012–2019 ($MILLION) 105
TABLE 56 EUROPE: FOOD TRACEABILITY MARKET SIZE, BY APPLICATION,
2012–2019 ($MILLION) 106
TABLE 57 EUROPE: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 106
TABLE 58 U.K.: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY, 2012–2019 ($MILLION) 107
TABLE 59 FRANCE: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 108
TABLE 60 FRANCE: ADVANTAGES & DISADVANTAGES OF TRACEABILITY SYSTEM 109
TABLE 61 GERMANY: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 109
TABLE 62 SPAIN: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 110
TABLE 63 ITALY: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 111
TABLE 64 REST OF EUROPE: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 112
TABLE 65 ASIA-PACIFIC: FOOD TRACEABILITY MARKET SIZE, BY COUNTRY,
2012–2019 ($MILLION) 113
TABLE 66 ASIA-PACIFIC: FOOD TRACEABILITY MARKET SIZE, BY END USER,
2012–2019 ($MILLION) 113
TABLE 67 ASIA-PACIFIC: FOOD TRACEABILITY MARKET SIZE, BY APPLICATION,
2012–2019 ($MILLION) 114
TABLE 68 ASIA-PACIFIC: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 114
TABLE 69 CHINA: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 115
TABLE 70 INSTITUTIONAL FOOD TRACEABILITY SYSTEMS IN JAPAN 116
TABLE 71 JAPAN: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 116
TABLE 72 INDIA: FOOD TRACEABILITY TECHNOLOGY INTRODUCED BY APEDA 117
TABLE 73 INDIA: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 118
TABLE 74 AUSTRALIA: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 119
TABLE 75 REST OF ASIA-PACIFIC: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 119
TABLE 76 ROW: FOOD TRACEABILITY MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION) 120
TABLE 77 ROW: FOOD TRACEABILITY MARKET SIZE, BY END USER, 2012–2019 ($MILLION) 120
TABLE 78 ROW: FOOD TRACEABILITY MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 121
TABLE 79 ROW: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY, 2012–2019 ($MILLION) 121
TABLE 80 BRAZIL: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 122
TABLE 81 ARGENTINA: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 123
TABLE 82 SOUTH AFRICA: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY,
2012–2019 ($MILLION) 123
TABLE 83 OTHER ROW COUNTRIES: FOOD TRACEABILITY MARKET SIZE, BY TECHNOLOGY, 2012–2019 ($MILLION) 124
TABLE 84 NEW TECHNOLOGY LAUNCHES, 2013–2014 129
TABLE 85 EXPANSIONS & INVESTMENTS, 2012–2015 130
TABLE 86 ACQUISTIONS, 2013–2014 130
“
“LIST OF FIGURES
FIGURE 1 FOOD TRACEABILITY MARKET SEGMENTATION 16
FIGURE 2 FOOD TRACEABILITY MARKET: RESEARCH DESIGN 19
FIGURE 3 IMPACT OF KEY FACTORS INFLUENCING THE PARENT INDUSTRY 23
FIGURE 4 RTE, SNACKS & SAVORY PRODUCTS SEGMENTS HELD ~35% IN THE FOOD SECTOR IN 2013 25
FIGURE 5 DEVELOPED COUNTRIES HAVE MORE FOOD LOSS & WASTAGE IN ALL THE STAGES OF FOOD VALUE CHAIN 26
FIGURE 6 GLOBAL FOOD LOSS & WASTAGE WAS HIGHEST FOR CEREALS 26
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 28
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 28
FIGURE 9 ASSUMPTION OF THE RESEARCH STUDY 30
FIGURE 10 LIMITATIONS OF THE RESEARCH STUDY 31
FIGURE 11 EVOLUTION OF FOOD TRACEABILITY 32
FIGURE 12 FOOD TRACEABILITY MARKET SNAPSHOT (2014 VS. 2019): FRESH FOOD PRODUCE IS ESTIMATED TO BE THE LARGEST MARKET 33
FIGURE 13 FOOD TRACEABILITY MARKET SHARE (VALUE), GEOGRAPHICAL OVERVIEW 34
FIGURE 14 ASIA-PACIFIC TO BE THE FASTEST-GROWING MARKET FOR FOOD TRACEABILITY 35
FIGURE 15 SHARE OF THE LEADING COMPANIES IN THE FOOD TRACEABILITY MARKET 36
FIGURE 16 EMERGING ECONOMIES ARE CREATING NEW OPPORTUNITIES FOR THE FOOD TRACEABILITY MARKET 37
FIGURE 17 FOOD MANUFACTURERS TO GROW AT THE HIGHEST RATE 38
FIGURE 18 FOOD TRACEABILITY CAPTURED THE MAJOR SHARE IN THE ASIA-PACIFIC MARKET 39
FIGURE 19 U.S. COMMANDED OVER ONE-THIRD OF THE MARKET 40
FIGURE 20 DEVELOPING MARKETS TO GROW FASTER THAN DEVELOPED MARKETS 41
FIGURE 21 BARCODES DOMINATE ALL OTHER TECHNOLOGIES OF FOOD TRACEABILITY 41
FIGURE 22 FRESH FOOD PRODUCE IMPOSES LONG-TERM IMPACT ON THE FOOD TRACEABILITY MARKET 42
FIGURE 23 ASIA-PACIFIC MARKET WAS IN EXPONENTIAL GROWTH PHASE, 2013 43
FIGURE 24 EVOLUTION OF FOOD TRACEABILITY 46
FIGURE 25 FOOD TRACEABILITY MARKET, BY TECHNOLOGY 47
FIGURE 26 FOOD TRACEABILITY MARKET, BY END USER 48
FIGURE 27 FOOD TRACEABILITY MARKET, BY APPLICATION 48
FIGURE 28 GROWING CONCERN AMONG THE CONSUMERS FOR FOOD SAFETY DRIVES THE FOOD TRACEABILITY MARKET 49
FIGURE 29 TRACEABILITY LEADS TO COST REDUCTION 51
FIGURE 30 TRACEABILITY IN FOOD VALUE CHAIN 56
FIGURE 31 TRACEABILITY IN FOOD SUPPLY CHAIN 56
FIGURE 32 GROWING CONSUMER CONCERN FOR FOOD SAFETY IS A LEADING TREND IN THE INDUSTRY 57
FIGURE 33 PORTER’S FIVE FORCES ANALYSIS 58
FIGURE 34 STRATEGIC BENCHMARKING: KEY MARKET PLAYERS LARGELY ADOPTED NEW TECHNOLOGY LAUNCH 61
FIGURE 35 RFID TECHNOLOGY IS PROJECTED TO GROW AT A HIGHEST CAGR 63
FIGURE 36 ASIA-PACIFIC IS THE FASTEST-GROWING MARKET FOR RFID TECHNOLOGY 65
FIGURE 37 NORTH AMERICA CONSTITUTES A MAJOR SHARE FOR BARCODE TECHNOLOGY 68
FIGURE 38 ASIA-PACIFIC IS PROJECTED TO GROW AT A HIGHEST RATE FOR GPS TECHNOLOGY 77
FIGURE 39 THE MARKET FOR SEAFOOD PRODUCT IS PROJECTED TO GROW AT
THE HIGHEST RATE 89
FIGURE 40 THE ASIA-PACIFIC MARKET IS PROJECTED TO HAVE HIGH GROWTH RATE FOR FOOD TRACEABILITY IN THE FRESH FOOD PRODUCE INDUSTRY 91
FIGURE 41 NORTH AMERICA DOMINATED THE MARKET FOR FOOD TRACEABILITY IN MEAT
& POULTRY PRODUCTS 93
FIGURE 42 ASIA-PACIFIC IS THE FASTEST-GROWING MARKET FOR FOOD TRACEABILITY IN DAIRY PRODUCTS 95
FIGURE 43 INFORMATION PROVISION IS PERCEIVED TO BE KEY FACTOR FOR TRACEABILITY IN FRANCE 108
FIGURE 44 CONTROL & RISK DETECTION ARE THE KEY FACTORS FOR TRACEABILITY IN SPAIN 110
FIGURE 45 COMPANIES ADOPTED NEW TECHNOLOGY LAUNCHES AS THE KEY GROWTH STRATEGY 125
FIGURE 46 FOOD TRACEABILITY MARKET SHARE, BY KEY PLAYER, 2013 126
FIGURE 47 NEW TECHNOLOGY LAUNCH HAVE FUELED GROWTH BETWEEN 2010 & 2015 127
FIGURE 48 BATTLE FOR MARKET SHARE: NEW TECHNOLOGY LAUNCH WAS THE KEY STRATEGY 128
FIGURE 49 C.H. ROBINSON WORLDWIDE, INC. IS GREW AT A HIGHER RATE BETWEEN
2010 & 2013 129
FIGURE 50 GEOGRAPHIC REVENUE MIX OF TOP 5 MARKET PLAYERS 131
FIGURE 51 BIO-RAD LABORATORIES, INC.:COMPANY SNAPSHOT 132
FIGURE 52 BIO-RAD LABORATORIES, INC.:SWOT ANALYSIS 133
FIGURE 53 C.H. ROBINSON WORLWIDE, INC.: COMPANY SNAPSHOT 135
FIGURE 54 C.H. ROBINSON: SWOT ANALYSIS 137
FIGURE 55 COGNEX CORPORATION: COMPANY SNAPSHOT 138
FIGURE 56 COGNEX CORPORATION: SWOT ANALYSIS 140
FIGURE 57 HONEYWELL INTERNATIONAL, INC.: COMPANY SNAPSHOT 141
FIGURE 58 HONEYWELL INTERNATIONAL, INC.: SWOT ANALYSIS 144
FIGURE 59 SGS SA:COMPANY SNAPSHOT 145
FIGURE 60 SGS SA: SWOT ANALYSIS 146
“
