Food Traceability Market 2022-2028

Description

List of Tables

Global Food Traceability Market Size, Share & Trends Analysis Report by Technology Type (RFID, Barcodes, Infrared, Biometrics, and Gps), by Software (ERP, LIMS, Warehouse Software, Friction Welding, and Others), by Application (Meat and Livestock, Fresh Produce Seeds, Dairy Products, Beverages Products, and Others), and by End Users (Food Manufacturers, Warehouse, Food Retailers, and Others) Forecast Period (2022-2028)

The global Food Traceability market is anticipated to grow at a substantial CAGR of 9.2% during the forecast period. The implementation of several regulations f or food traceability, thereby boosting the food traceability market growth. According to FDA, in January 2021, FDA seeks innovative food traceability tools and opens a dialogue on advancing food safety with technology. FDA is working differently to enhance food traceability and support the use of technology to strengthen the food safety system.

The global food traceability market is segmented based on the technology type, software, application, and end-users. Based on the technology type, the market is augmented into the RFID, barcodes, infrared, biometrics, and GPS. Based on the software, the market is further sub-segmented into the ERP, LIMS, warehouse, friction welding, and others. Based on the application, the market is segmented into meat and livestock, fresh produce seeds, dairy products, beverages products, and others. Based on the end-users, the market is augmented into food manufacturers, warehouses, food retailers, and others. Among the technology type, the RFID is expected to hold a considerable share in the market over the forecast, due its applications such as tracking the origin of a product, its location, its journey through the supply chain, all the data is detained in the RFID microchip. Moreover, RFID technology also allows you to immediately locate a product on a production line and know its status within that production line.

Geographically the food traceability market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia-Pacific region is witnessed to be the fastest-growing region over the forecast. The rising concerns regarding food hygiene and healthy lifestyle that had directed people across the region to shift towards ready-to-eat and packed food items boosted the growth of the market.

The major companies serving the global food traceability market include Bio-Rad Laboratories, Inc., C.H. Robinson Worldwide Inc., Honeywell International Inc., Food forensics Ltd., Bar Code Integrators, Inc., Merit Trax Technologies, Inc., SGS SA, Zebra Technologies Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in May 2021, iTradeNetwork launched advanced food traceability tools now providing instant notification for food contamination. Furthermore, iTradeNetwork' s single platform identifies exact product compromised and exact location in the supply chain, no labels required.

Research Methodology

The market study of the global food traceability market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of the market size and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Food Traceability Market Research and Analysis by Technology Type.

2. Global Food Traceability Market Research and Analysis by Software.

3. Global Food Traceability Market Research and Analysis by Application.

4. Global Food Traceability Market Research and Analysis by End-Users.

The Report Covers:

Comprehensive Research Methodology of the global food traceability market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global food traceability market.
Insights about market determinants that are stimulating the global food traceability market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026446

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Food Traceability Market
Recovery Scenario of Global Food Traceability Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Bio-Rad Laboratories, Inc.
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. C.H. Robinson Worldwide Inc.
- 3.2.1. Overview
- 3.2.2. Financial Analysis
- 3.2.3. SWOT Analysis
- 3.2.4. Recent Developments
3.3. Optel Group
- 3.3.1. Overview
- 3.3.2. Financial Analysis
- 3.3.3. SWOT Analysis
- 3.3.4. Recent Developments
3.4. Cognex Corp.
- 3.4.1. Overview
- 3.4.2. Financial Analysis
- 3.4.3. SWOT Analysis
- 3.4.4. Recent Developments
3.5. Honeywell International Inc.
- 3.5.1. Overview
- 3.5.2. Financial Analysis
- 3.5.3. SWOT Analysis
- 3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Food Traceability Market By Technology Type
- 4.1.1. Radio-Frequency Identification (RFID)
- 4.1.2. Barcodes
- 4.1.3. Infrared
- 4.1.4. Biometrics
- 4.1.5. GPs
4.2. Global Food Traceability Market By Software
- 4.2.1. Enterprise Resource Planning (ERP)
- 4.2.2. Laboratory Information Management Software (LIMS)
- 4.2.3. Warehouse Software
- 4.2.4. Friction Welding
- 4.2.5. Others
4.3. Global Food Traceability Market By Application
- 4.3.1. Meat & Livestock
- 4.3.2. Fresh Produce Seeds
- 4.3.3. Dairy Products
- 4.3.4. Beverages Products
- 4.3.5. Others (Fishries, Grains, Nuts)
4.4. Global Food Traceability Market By End-Users
- 4.4.1. Food Manufactures
- 4.4.2. Warehouse
- 4.4.3. Food Retailers
- 4.4.4. Others (Defense & Security, Government Departments)

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Abaco s.p.a
6.2. Agrometrics Llc.
6.3. Bext Holdings Inc.
6.4. Carlise Companies Inc.
6.5. Covectra Inc.
6.6. Foodologiq
6.7. Food forensics Ltd.
6.8. Bar Code Integrators, Inc.
6.9. Merit Trax Technologies, Inc.
6.10. Rfxcel Traceability System
6.11. Safetraces Inc.
6.12. SGS SA
6.13. Zebra Technologies Corp.